RUNO: 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.
RUNO
Largest movements
- Cash +€30,174
up €30,174 (+19.0%), from €158,599 to €188,773
mainly Net result for the year (+€34,593) and Depreciation (+€12,161)
- Tangible fixed assets -€12,161
down €12,161 (-36.8%), from €33,027 to €20,866
of which Furniture and vehicles: -€11,729
- Reserves +€19,586
up €19,586 (+12.4%), from €157,963 to €177,549
- Tax, wage and social debts -€3,077
down €3,077 (-22.8%), from €13,476 to €10,399
of which Taxes: -€2,814
- Accrued charges and deferred income +€2,285
up €2,285 (+209.0%), from €1,093 to €3,378
- Gross operating margin -€6,182
down €6,182 (-6.9%), from €89,720 to €83,537
- Staff costs -€2,615
down €2,615 (-13.1%), from €19,905 to €17,291
- Taxes +€1,775
up €1,775 (+11.0%), from €16,156 to €17,931
- Depreciation +€1,664
up €1,664 (+15.9%), from €10,497 to €12,161
- Other operating charges -€931
down €931 (-39.7%), from €2,344 to €1,413
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 | €193,589 | €212,172 | +€18,583 | +9.6% |
| Fixed assets | 21/28 | €33,027 | €20,866 | -€12,161 | -36.8% |
| Tangible fixed assets | 22/27 | €33,027 | €20,866 | -€12,161 | -36.8% |
| Plant, machinery and equipment | 23 | €466 | €268 | -€198 | -42.5% |
| Furniture and vehicles | 24 | €32,305 | €20,576 | -€11,729 | -36.3% |
| Other tangible fixed assets | 26 | €256 | €22 | -€234 | -91.2% |
| Current assets | 29/58 | €160,562 | €191,306 | +€30,744 | +19.1% |
| Amounts receivable within one year | 40/41 | €0 | €292 | +€292 | |
| Trade receivables | 40 | €0 | €70 | +€70 | |
| Other amounts receivable | 41 | €0 | €222 | +€222 | |
| Cash at bank and in hand | 54/58 | €158,599 | €188,773 | +€30,174 | +19.0% |
| Deferred charges and accrued income | 490/1 | €1,963 | €2,241 | +€278 | +14.1% |
| Total equity and liabilities | 10/49 | €193,589 | €212,172 | +€18,583 | +9.6% |
| Equity | 10/15 | €176,513 | €196,099 | +€19,586 | +11.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €157,963 | €177,549 | +€19,586 | +12.4% |
| Distributable reserves | 133 | €157,963 | €177,549 | +€19,586 | +12.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,076 | €16,073 | -€1,003 | -5.9% |
| Amounts payable within one year | 42/48 | €15,983 | €12,695 | -€3,287 | -20.6% |
| Trade debts | 44 | €1,607 | €536 | -€1,071 | -66.6% |
| Suppliers | 440/4 | €1,607 | €536 | -€1,071 | -66.6% |
| Taxes, remuneration and social security | 45 | €13,476 | €10,399 | -€3,077 | -22.8% |
| Taxes | 450/3 | €9,037 | €6,224 | -€2,814 | -31.1% |
| Remuneration and social security | 454/9 | €4,438 | €4,175 | -€264 | -5.9% |
| Other amounts payable | 47/48 | €900 | €1,761 | +€861 | +95.7% |
| Accrued charges and deferred income | 492/3 | €1,093 | €3,378 | +€2,285 | +209.0% |
| Remuneration, social security and pensions | 62 | €19,905 | €17,291 | -€2,615 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,497 | €12,161 | +€1,664 | +15.9% |
| Other operating charges | 640/8 | €2,344 | €1,413 | -€931 | -39.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €89,720 | €83,537 | -€6,182 | -6.9% |
| Operating profit (loss) | 9901 | €56,973 | €52,673 | -€4,300 | -7.5% |
| Financial income | 75/76B | €142 | €1 | -€141 | -99.2% |
| Recurring financial income | 75 | €142 | €1 | -€141 | -99.2% |
| Financial charges | 65/66B | €654 | €151 | -€503 | -77.0% |
| Recurring financial charges | 65 | €654 | €151 | -€503 | -77.0% |
| Profit (loss) for the period before taxes | 9903 | €56,462 | €52,524 | -€3,938 | -7.0% |
| Income taxes | 67/77 | €16,156 | €17,931 | +€1,775 | +11.0% |
| Profit (loss) for the period | 9904 | €40,305 | €34,593 | -€5,713 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,305 | €34,593 | -€5,713 | -14.2% |
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.