RUNA: what changed
RUNA
Largest movements
- Receivables within one year +€33,449
up €33,449 (+9.2%), from €364,478 to €397,927
- Tangible fixed assets -€23,691
down €23,691 (-4.3%), from €545,362 to €521,670
- Debts after one year +€421,419
up €421,419, from €0 to €421,419
of which Other amounts payable: +€421,419
- Short-term financial debts -€421,419
no longer reported in 2025 (was €421,419)
- Profit (loss) carried forward +€27,910
up €27,910 (+9.8%), from -€285,088 to -€257,178
- Other debts -€12,856
down €12,856 (-12.2%), from €105,059 to €92,203
- Current portion of long-term debt -€10,661
no longer reported in 2025 (was €10,661)
- Gross operating margin +€18,714
up €18,714 (+41.6%), from €44,971 to €63,685
- Depreciation -€4,221
down €4,221 (-15.1%), from €27,913 to €23,691
- Other operating charges +€1,188
up €1,188 (+11.6%), from €10,217 to €11,404
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €926,938 | €931,332 | +€4,394 | +0.5% |
| Fixed assets | 21/28 | €545,500 | €521,808 | -€23,691 | -4.3% |
| Tangible fixed assets | 22/27 | €545,362 | €521,670 | -€23,691 | -4.3% |
| Land and buildings | 22 | €545,362 | €521,670 | -€23,691 | -4.3% |
| Financial fixed assets | 28 | €138 | €138 | = | 0.0% |
| Current assets | 29/58 | €381,438 | €409,523 | +€28,085 | +7.4% |
| Amounts receivable within one year | 40/41 | €364,478 | €397,927 | +€33,449 | +9.2% |
| Other amounts receivable | 41 | €364,478 | €397,927 | +€33,449 | +9.2% |
| Cash at bank and in hand | 54/58 | €16,961 | €9,023 | -€7,938 | -46.8% |
| Deferred charges and accrued income | 490/1 | - | €2,573 | +€2,573 | |
| Total equity and liabilities | 10/49 | €926,938 | €931,332 | +€4,394 | +0.5% |
| Equity | 10/15 | €148,726 | €176,635 | +€27,910 | +18.8% |
| Contributions | 10/11 | €433,814 | €433,814 | = | 0.0% |
| Capital | 10 | €433,814 | €433,814 | = | 0.0% |
| Issued capital | 100 | €433,814 | €433,814 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€285,088 | -€257,178 | +€27,910 | +9.8% |
| Amounts payable | 17/49 | €778,212 | €754,696 | -€23,516 | -3.0% |
| Amounts payable after more than one year | 17 | €0 | €421,419 | +€421,419 | |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | - | €421,419 | +€421,419 | |
| Amounts payable within one year | 42/48 | €778,212 | €333,277 | -€444,935 | -57.2% |
| Current portion of amounts payable after more than one year | 42 | €10,661 | - | -€10,661 | |
| Financial debts | 43 | €421,419 | - | -€421,419 | |
| Credit institutions | 430/8 | €421,419 | - | -€421,419 | |
| Trade debts | 44 | €241,074 | €241,074 | = | 0.0% |
| Suppliers | 440/4 | €241,074 | €241,074 | = | 0.0% |
| Other amounts payable | 47/48 | €105,059 | €92,203 | -€12,856 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,913 | €23,691 | -€4,221 | -15.1% |
| Other operating charges | 640/8 | €10,217 | €11,404 | +€1,188 | +11.6% |
| Gross operating margin | 9900 | €44,971 | €63,685 | +€18,714 | +41.6% |
| Operating profit (loss) | 9901 | €6,841 | €28,589 | +€21,747 | +318% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €986 | €679 | -€307 | -31.1% |
| Recurring financial charges | 65 | €986 | €679 | -€307 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €5,856 | €27,910 | +€22,053 | +377% |
| Profit (loss) for the period | 9904 | €5,856 | €27,910 | +€22,053 | +377% |
| Profit (loss) for the period to be appropriated | 9905 | €5,856 | €27,910 | +€22,053 | +377% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.