RunDCrun: 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.
RunDCrun
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Cash -€84,327
down €84,327 (-25.6%), from €329,660 to €245,332
mainly Contributions, distributions and other (-€264,500) and Current investments (-€200,000)
- Receivables within one year +€25,747
up €25,747 (+10.2%), from €253,107 to €278,855
of which Other amounts receivable: +€14,674
- Other debts +€174,886
up €174,886 (+194.9%), from €89,728 to €264,614
- Reserves -€93,445
down €93,445 (-36.3%), from €257,233 to €163,788
- Trade debts +€37,248
up €37,248 (+17.7%), from €210,142 to €247,390
- Tax, wage and social debts +€20,790
up €20,790 (+42.6%), from €48,747 to €69,538
of which Taxes: +€19,580
- Staff costs -€47,927
down €47,927 (-15.6%), from €308,021 to €260,095
- Gross operating margin -€27,139
down €27,139 (-5.1%), from €532,942 to €505,803
- Taxes +€5,581
up €5,581 (+9.7%), from €57,741 to €63,322
- Write-downs +€5,391
new in 2025: €5,391
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 | €620,396 | €759,765 | +€139,370 | +22.5% |
| Fixed assets | 21/28 | €27,792 | €30,156 | +€2,365 | +8.5% |
| Tangible fixed assets | 22/27 | €1,592 | €3,956 | +€2,365 | +148.6% |
| Plant, machinery and equipment | 23 | €974 | €710 | -€264 | -27.1% |
| Furniture and vehicles | 24 | €618 | €3,247 | +€2,629 | +425.6% |
| Financial fixed assets | 28 | €26,200 | €26,200 | = | 0.0% |
| Current assets | 29/58 | €592,604 | €729,609 | +€137,005 | +23.1% |
| Amounts receivable within one year | 40/41 | €253,107 | €278,855 | +€25,747 | +10.2% |
| Trade receivables | 40 | €248,476 | €259,549 | +€11,073 | +4.5% |
| Other amounts receivable | 41 | €4,631 | €19,306 | +€14,674 | +316.8% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €329,660 | €245,332 | -€84,327 | -25.6% |
| Deferred charges and accrued income | 490/1 | €9,837 | €5,422 | -€4,415 | -44.9% |
| Total equity and liabilities | 10/49 | €620,396 | €759,765 | +€139,370 | +22.5% |
| Equity | 10/15 | €263,233 | €169,788 | -€93,445 | -35.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €257,233 | €163,788 | -€93,445 | -36.3% |
| Distributable reserves | 133 | €257,233 | €163,788 | -€93,445 | -36.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €357,163 | €589,977 | +€232,814 | +65.2% |
| Amounts payable within one year | 42/48 | €357,163 | €589,977 | +€232,814 | +65.2% |
| Financial debts | 43 | €8,546 | €8,435 | -€111 | -1.3% |
| Credit institutions | 430/8 | €8,546 | €8,435 | -€111 | -1.3% |
| Trade debts | 44 | €210,142 | €247,390 | +€37,248 | +17.7% |
| Suppliers | 440/4 | €210,142 | €247,390 | +€37,248 | +17.7% |
| Taxes, remuneration and social security | 45 | €48,747 | €69,538 | +€20,790 | +42.6% |
| Taxes | 450/3 | €20,356 | €39,936 | +€19,580 | +96.2% |
| Remuneration and social security | 454/9 | €28,392 | €29,602 | +€1,211 | +4.3% |
| Other amounts payable | 47/48 | €89,728 | €264,614 | +€174,886 | +194.9% |
| Remuneration, social security and pensions | 62 | €308,021 | €260,095 | -€47,927 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,159 | €839 | -€321 | -27.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,391 | +€5,391 | |
| Other operating charges | 640/8 | €1,548 | €1,289 | -€259 | -16.7% |
| Non-recurring operating charges | 66A | - | €1,342 | +€1,342 | |
| Gross operating margin | 9900 | €532,942 | €505,803 | -€27,139 | -5.1% |
| Operating profit (loss) | 9901 | €222,214 | €236,848 | +€14,634 | +6.6% |
| Financial income | 75/76B | €240 | €3,343 | +€3,102 | +1291.5% |
| Recurring financial income | 75 | €240 | €3,343 | +€3,102 | +1291.5% |
| Financial charges | 65/66B | €6,694 | €5,813 | -€882 | -13.2% |
| Recurring financial charges | 65 | €6,694 | €5,813 | -€882 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €215,759 | €234,378 | +€18,618 | +8.6% |
| Income taxes | 67/77 | €57,741 | €63,322 | +€5,581 | +9.7% |
| Profit (loss) for the period | 9904 | €158,018 | €171,055 | +€13,037 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €158,018 | €171,055 | +€13,037 | +8.3% |
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 7 October 2026 via checked.be.