RUNNERS SERVICE: 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.
RUNNERS SERVICE
Largest movements
- Receivables within one year +€3.3m
up €3.3m (+5,051%), from €65,801 to €3.4m
of which Other amounts receivable: +€3.3m
- Financial fixed assets -€1.5m
down €1.5m (-99.5%), from €1.6m to €8,455
- Current investments +€1.5m
up €1.5m (+66.1%), from €2.2m to €3.7m
- Tangible fixed assets -€254,145
down €254,145 (-7.0%), from €3.6m to €3.4m
of which Land and buildings: -€197,526
- Other debts +€3.3m
up €3.3m (+51.4%), from €6.4m to €9.7m
- Profit (loss) carried forward -€246,749
down €246,749 (-28.4%), from -€867,625 to -€1.1m
- Financial charges -€17,651
down €17,651 (-34.1%), from €51,811 to €34,161
- Taxes -€15,228
down €15,228, from €5,690 to -€9,538
- Staff costs +€9,490
up €9,490 (+18.8%), from €50,603 to €60,094
- Gross operating margin -€8,892
down €8,892 (-4.1%), from €216,776 to €207,884
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.
Derived cash bridge
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 | €7,665,267 | €10,587,281 | +€2.9m | +38.1% |
| Fixed assets | 21/28 | €5,198,378 | €3,399,621 | -€1.8m | -34.6% |
| Tangible fixed assets | 22/27 | €3,645,311 | €3,391,166 | -€254,145 | -7.0% |
| Land and buildings | 22 | €3,394,700 | €3,197,175 | -€197,526 | -5.8% |
| Plant, machinery and equipment | 23 | €146,947 | €102,770 | -€44,177 | -30.1% |
| Furniture and vehicles | 24 | €8,356 | €4,764 | -€3,593 | -43.0% |
| Assets under construction and advance payments | 27 | €95,308 | €86,458 | -€8,850 | -9.3% |
| Financial fixed assets | 28 | €1,553,067 | €8,455 | -€1.5m | -99.5% |
| Current assets | 29/58 | €2,466,888 | €7,187,660 | +€4.7m | +191% |
| Amounts receivable within one year | 40/41 | €65,801 | €3,389,365 | +€3.3m | +5,051% |
| Trade receivables | 40 | €65,801 | €85,906 | +€20,105 | +30.6% |
| Other amounts receivable | 41 | - | €3,303,459 | +€3.3m | |
| Current investments | 50/53 | €2,231,165 | €3,705,040 | +€1.5m | +66.1% |
| Cash at bank and in hand | 54/58 | €169,922 | €93,256 | -€76,667 | -45.1% |
| Total equity and liabilities | 10/49 | €7,665,267 | €10,587,281 | +€2.9m | +38.1% |
| Equity | 10/15 | €226,410 | -€20,339 | -€246,749 | |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €1,024,035 | €1,024,035 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,035 | €17,035 | = | 0.0% |
| Distributable reserves | 133 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€867,625 | -€1,114,373 | -€246,749 | -28.4% |
| Amounts payable | 17/49 | €7,438,857 | €10,607,620 | +€3.2m | +42.6% |
| Amounts payable after more than one year | 17 | €1,028,553 | €946,007 | -€82,545 | -8.0% |
| Other amounts payable | 178/9 | €1,028,553 | €946,007 | -€82,545 | -8.0% |
| Amounts payable within one year | 42/48 | €6,410,304 | €9,661,613 | +€3.3m | +50.7% |
| Trade debts | 44 | €20,473 | €2,229 | -€18,244 | -89.1% |
| Suppliers | 440/4 | €20,473 | €2,229 | -€18,244 | -89.1% |
| Taxes, remuneration and social security | 45 | €10,992 | €23 | -€10,969 | -99.8% |
| Taxes | 450/3 | €3,215 | €23 | -€3,192 | -99.3% |
| Remuneration and social security | 454/9 | €7,777 | - | -€7,777 | |
| Other amounts payable | 47/48 | €6,378,839 | €9,659,361 | +€3.3m | +51.4% |
| Remuneration, social security and pensions | 62 | €50,603 | €60,094 | +€9,490 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €306,481 | €305,906 | -€576 | -0.2% |
| Other operating charges | 640/8 | €67,259 | €65,506 | -€1,753 | -2.6% |
| Non-recurring operating charges | 66A | €1,699 | - | -€1,699 | |
| Gross operating margin | 9900 | €216,776 | €207,884 | -€8,892 | -4.1% |
| Operating profit (loss) | 9901 | -€209,267 | -€223,621 | -€14,354 | -6.9% |
| Financial income | 75/76B | €192 | €1,495 | +€1,303 | +680% |
| Recurring financial income | 75 | €192 | €1,495 | +€1,303 | +680% |
| Financial charges | 65/66B | €51,811 | €34,161 | -€17,651 | -34.1% |
| Recurring financial charges | 65 | €51,811 | €34,161 | -€17,651 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | -€260,887 | -€256,287 | +€4,599 | +1.8% |
| Income taxes | 67/77 | €5,690 | -€9,538 | -€15,228 | |
| Profit (loss) for the period | 9904 | -€266,576 | -€246,749 | +€19,828 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€266,576 | -€246,749 | +€19,828 | +7.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.