RonVer: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
RonVer
Largest movements
- Tangible fixed assets +€390,825
up €390,825 (+6.3%), from €6.2m to €6.6m
- Cash -€215,391
down €215,391 (-82.2%), from €262,091 to €46,700
mainly Investment in fixed assets (net) (-€672,646) and Trade debts (-€31,039)
- Other debts +€157,791
up €157,791 (+4.9%), from €3.2m to €3.4m
- Depreciation -€54,933
down €54,933 (-16.3%), from €336,754 to €281,821
- Gross operating margin +€43,810
up €43,810 (+13.1%), from €333,817 to €377,627
- Financial charges +€38,123
up €38,123 (+14409.4%), from €265 to €38,387
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,859,442 | €7,042,680 | +€183,238 | +2.7% |
| Fixed assets | 21/28 | €6,586,435 | €6,977,260 | +€390,825 | +5.9% |
| Tangible fixed assets | 22/27 | €6,236,435 | €6,627,260 | +€390,825 | +6.3% |
| Land and buildings | 22 | €6,236,435 | €6,627,260 | +€390,825 | +6.3% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €273,007 | €65,420 | -€207,587 | -76.0% |
| Amounts receivable within one year | 40/41 | €120 | €1,970 | +€1,850 | +1535.4% |
| Trade receivables | 40 | €120 | €1,970 | +€1,850 | +1535.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €262,091 | €46,700 | -€215,391 | -82.2% |
| Deferred charges and accrued income | 490/1 | €10,796 | €16,750 | +€5,954 | +55.2% |
| Total equity and liabilities | 10/49 | €6,859,442 | €7,042,680 | +€183,238 | +2.7% |
| Equity | 10/15 | €3,544,832 | €3,600,078 | +€55,245 | +1.6% |
| Contributions | 10/11 | €798,613 | €798,613 | = | 0.0% |
| Reserves | 13 | €2,746,219 | €2,801,465 | +€55,245 | +2.0% |
| Tax-exempt reserves | 132 | €138,749 | €133,599 | -€5,150 | -3.7% |
| Distributable reserves | 133 | €2,607,470 | €2,667,866 | +€60,396 | +2.3% |
| Provisions and deferred taxes | 16 | €27,299 | €25,583 | -€1,717 | -6.3% |
| Deferred taxes | 168 | €27,299 | €25,583 | -€1,717 | -6.3% |
| Amounts payable | 17/49 | €3,287,310 | €3,417,020 | +€129,709 | +3.9% |
| Amounts payable within one year | 42/48 | €3,282,383 | €3,409,645 | +€127,262 | +3.9% |
| Trade debts | 44 | €35,816 | €4,777 | -€31,039 | -86.7% |
| Suppliers | 440/4 | €35,816 | €4,777 | -€31,039 | -86.7% |
| Taxes, remuneration and social security | 45 | - | €510 | +€510 | |
| Taxes | 450/3 | - | €510 | +€510 | |
| Other amounts payable | 47/48 | €3,246,567 | €3,404,358 | +€157,791 | +4.9% |
| Accrued charges and deferred income | 492/3 | €4,927 | €7,375 | +€2,448 | +49.7% |
| Non-recurring operating income | 76A | €12,615 | €542 | -€12,073 | -95.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €336,754 | €281,821 | -€54,933 | -16.3% |
| Other operating charges | 640/8 | €1,431 | €4,504 | +€3,073 | +214.8% |
| Gross operating margin | 9900 | €333,817 | €377,627 | +€43,810 | +13.1% |
| Operating profit (loss) | 9901 | -€4,368 | €91,302 | +€95,669 | |
| Financial income | 75/76B | €617 | €615 | -€3 | -0.4% |
| Recurring financial income | 75 | €617 | €615 | -€3 | -0.4% |
| Financial charges | 65/66B | €265 | €38,387 | +€38,123 | +14409.4% |
| Recurring financial charges | 65 | €265 | €38,387 | +€38,123 | +14409.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,015 | €53,529 | +€57,544 | |
| Transfer from deferred taxes | 780 | €1,717 | €1,717 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€2,298 | €55,245 | +€57,544 | |
| Transfer from tax-exempt reserves | 789 | €5,150 | €5,150 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,852 | €60,396 | +€57,544 | +2017.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.