RUNFA: what changed
Two financial 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.
RUNFA
Largest movements
- Cash +€78,003
up €78,003 (+62.4%), from €125,077 to €203,080
mainly Net result for the year (+€42,956) and Depreciation (+€24,542)
- Stocks and contracts -€10,244
down €10,244 (-25.9%), from €39,492 to €29,249
- Tangible fixed assets +€6,769
up €6,769 (+10.3%), from €65,848 to €72,617
of which Other tangible fixed assets: +€10,711
- Profit (loss) carried forward +€42,956
up €42,956 (+50.4%), from €85,212 to €128,168
- Trade debts +€17,256
up €17,256 (+37.3%), from €46,245 to €63,501
- Other debts +€8,595
up €8,595 (+15.9%), from €54,024 to €62,619
- Tax, wage and social debts +€5,820
up €5,820 (+23.8%), from €24,444 to €30,264
- Staff costs +€12,897
up €12,897 (+6.6%), from €196,022 to €208,919
- Gross operating margin +€12,757
up €12,757 (+4.4%), from €291,137 to €303,894
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €235,053 | €308,410 | +€73,358 | +31.2% |
| Fixed assets | 21/28 | €66,677 | €73,446 | +€6,769 | +10.2% |
| Tangible fixed assets | 22/27 | €65,848 | €72,617 | +€6,769 | +10.3% |
| Plant, machinery and equipment | 23 | €1,199 | €772 | -€426 | -35.6% |
| Furniture and vehicles | 24 | €9,613 | €6,098 | -€3,516 | -36.6% |
| Other tangible fixed assets | 26 | €55,036 | €65,747 | +€10,711 | +19.5% |
| Financial fixed assets | 28 | €829 | €829 | = | 0.0% |
| Current assets | 29/58 | €168,376 | €234,964 | +€66,589 | +39.5% |
| Stocks and contracts in progress | 3 | €39,492 | €29,249 | -€10,244 | -25.9% |
| Stocks | 30/36 | €39,492 | €29,249 | -€10,244 | -25.9% |
| Amounts receivable within one year | 40/41 | €1,605 | €1,839 | +€234 | +14.6% |
| Trade receivables | 40 | €1,277 | €1,808 | +€531 | +41.5% |
| Other amounts receivable | 41 | €328 | €31 | -€297 | -90.5% |
| Cash at bank and in hand | 54/58 | €125,077 | €203,080 | +€78,003 | +62.4% |
| Deferred charges and accrued income | 490/1 | €2,201 | €797 | -€1,404 | -63.8% |
| Total equity and liabilities | 10/49 | €235,053 | €308,410 | +€73,358 | +31.2% |
| Equity | 10/15 | €105,672 | €148,628 | +€42,956 | +40.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,212 | €128,168 | +€42,956 | +50.4% |
| Amounts payable | 17/49 | €129,381 | €159,783 | +€30,402 | +23.5% |
| Amounts payable within one year | 42/48 | €129,381 | €159,783 | +€30,402 | +23.5% |
| Current portion of amounts payable after more than one year | 42 | €4,668 | €3,398 | -€1,270 | -27.2% |
| Trade debts | 44 | €46,245 | €63,501 | +€17,256 | +37.3% |
| Suppliers | 440/4 | €46,245 | €63,501 | +€17,256 | +37.3% |
| Taxes, remuneration and social security | 45 | €24,444 | €30,264 | +€5,820 | +23.8% |
| Taxes | 450/3 | €24,444 | €30,264 | +€5,820 | +23.8% |
| Other amounts payable | 47/48 | €54,024 | €62,619 | +€8,595 | +15.9% |
| Remuneration, social security and pensions | 62 | €196,022 | €208,919 | +€12,897 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,081 | €24,542 | +€461 | +1.9% |
| Other operating charges | 640/8 | €2,857 | €5,738 | +€2,881 | +101% |
| Non-recurring operating charges | 66A | €6 | - | -€6 | |
| Gross operating margin | 9900 | €291,137 | €303,894 | +€12,757 | +4.4% |
| Operating profit (loss) | 9901 | €68,172 | €64,696 | -€3,476 | -5.1% |
| Financial income | 75/76B | €116 | €466 | +€350 | +301% |
| Recurring financial income | 75 | €116 | €466 | +€350 | +301% |
| Financial charges | 65/66B | €5,977 | €6,856 | +€879 | +14.7% |
| Recurring financial charges | 65 | €5,977 | €6,856 | +€879 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €62,311 | €58,306 | -€4,005 | -6.4% |
| Income taxes | 67/77 | €15,721 | €15,350 | -€371 | -2.4% |
| Profit (loss) for the period | 9904 | €46,590 | €42,956 | -€3,634 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,590 | €42,956 | -€3,634 | -7.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.