RUN'ART: 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.
RUN'ART
Largest movements
- Tangible fixed assets +€1,959
up €1,959 (+30.8%), from €6,351 to €8,311
of which Other tangible fixed assets: +€3,384
- Receivables within one year -€1,871
down €1,871 (-45.8%), from €4,084 to €2,213
- Financial fixed assets -€1,238
down €1,238 (-49.1%), from €2,524 to €1,286
- Cash -€1,238
down €1,238 (-18.3%), from €6,748 to €5,510
mainly Debts after one year (-€10,149) and Investment in fixed assets (net) (-€3,350)
- Trade debts +€11,715
up €11,715 (+45.9%), from €25,535 to €37,250
- Debts after one year -€10,149
down €10,149 (-43.4%), from €23,401 to €13,251
- Profit (loss) carried forward -€2,754
down €2,754 (-9.9%), from -€27,925 to -€30,678
- Gross operating margin +€3,186
up €3,186 (+406.5%), from €784 to €3,970
- Depreciation +€767
up €767 (+41.2%), from €1,861 to €2,628
- Other operating charges +€643
up €643 (+46.5%), from €1,383 to €2,026
- Financial charges -€373
down €373 (-15.3%), from €2,442 to €2,069
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 | €102,008 | €100,356 | -€1,652 | -1.6% |
| Fixed assets | 21/28 | €8,875 | €9,596 | +€721 | +8.1% |
| Tangible fixed assets | 22/27 | €6,351 | €8,311 | +€1,959 | +30.8% |
| Furniture and vehicles | 24 | €6,351 | €4,927 | -€1,425 | -22.4% |
| Other tangible fixed assets | 26 | - | €3,384 | +€3,384 | |
| Financial fixed assets | 28 | €2,524 | €1,286 | -€1,238 | -49.1% |
| Current assets | 29/58 | €93,132 | €90,759 | -€2,373 | -2.5% |
| Stocks and contracts in progress | 3 | €80,126 | €79,874 | -€252 | -0.3% |
| Stocks | 30/36 | €80,126 | €79,874 | -€252 | -0.3% |
| Amounts receivable within one year | 40/41 | €4,084 | €2,213 | -€1,871 | -45.8% |
| Trade receivables | 40 | €4,084 | €2,213 | -€1,871 | -45.8% |
| Current investments | 50/53 | €1,773 | €1,773 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,748 | €5,510 | -€1,238 | -18.3% |
| Deferred charges and accrued income | 490/1 | €401 | €1,388 | +€987 | +246.3% |
| Total equity and liabilities | 10/49 | €102,008 | €100,356 | -€1,652 | -1.6% |
| Equity | 10/15 | €33,230 | €30,476 | -€2,754 | -8.3% |
| Contributions | 10/11 | €11,154 | €11,154 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,925 | -€30,678 | -€2,754 | -9.9% |
| Amounts payable | 17/49 | €68,778 | €69,880 | +€1,102 | +1.6% |
| Amounts payable after more than one year | 17 | €23,401 | €13,251 | -€10,149 | -43.4% |
| Financial debts | 170/4 | €23,401 | €13,251 | -€10,149 | -43.4% |
| Amounts payable within one year | 42/48 | €45,377 | €56,628 | +€11,251 | +24.8% |
| Current portion of amounts payable after more than one year | 42 | €10,049 | €10,149 | +€101 | +1.0% |
| Trade debts | 44 | €25,535 | €37,250 | +€11,715 | +45.9% |
| Suppliers | 440/4 | €25,535 | €37,250 | +€11,715 | +45.9% |
| Taxes, remuneration and social security | 45 | €7,046 | €6,666 | -€380 | -5.4% |
| Taxes | 450/3 | €7,046 | €6,666 | -€380 | -5.4% |
| Other amounts payable | 47/48 | €2,747 | €2,562 | -€185 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,861 | €2,628 | +€767 | +41.2% |
| Other operating charges | 640/8 | €1,383 | €2,026 | +€643 | +46.5% |
| Gross operating margin | 9900 | €784 | €3,970 | +€3,186 | +406.5% |
| Operating profit (loss) | 9901 | -€2,461 | -€685 | +€1,777 | +72.2% |
| Financial income | 75/76B | €10 | €0 | -€10 | -99.9% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -99.9% |
| Financial charges | 65/66B | €2,442 | €2,069 | -€373 | -15.3% |
| Recurring financial charges | 65 | €2,442 | €2,069 | -€373 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,893 | -€2,754 | +€2,140 | +43.7% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€4,894 | -€2,754 | +€2,140 | +43.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,894 | -€2,754 | +€2,140 | +43.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.