A-PLUS RAMEN: 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.
A-PLUS RAMEN
Largest movements
- Current investments -€423,445
down €423,445 (-82.5%), from €513,311 to €89,866
- Tangible fixed assets -€83,556
down €83,556 (-25.6%), from €326,517 to €242,961
of which Land and buildings: -€53,593
- Stocks and contracts +€45,534
up €45,534 (+34.6%), from €131,594 to €177,128
- Cash +€22,871
up €22,871 (+23.9%), from €95,887 to €118,758
mainly Current investments (+€423,445) and Other debts (+€179,812)
- Receivables within one year +€18,550
up €18,550 (+23.9%), from €77,698 to €96,248
of which Trade receivables: +€15,793
- Trade debts -€281,080
down €281,080 (-96.8%), from €290,449 to €9,368
- Reserves -€192,454
down €192,454 (-32.6%), from €589,750 to €397,296
- Other debts +€179,812
up €179,812 (+1,256%), from €14,313 to €194,125
- Accrued charges and deferred income -€75,765
down €75,765 (-94.3%), from €80,350 to €4,585
- Debts after one year -€48,745
down €48,745 (-23.3%), from €209,516 to €160,771
- Gross operating margin +€67,601
up €67,601 (+30.0%), from €225,356 to €292,958
- Financial charges +€27,955
up €27,955 (+54.7%), from €51,143 to €79,098
- Staff costs +€12,003
up €12,003 (+13.0%), from €91,997 to €104,000
- Financial income -€9,309
down €9,309 (-34.3%), from €27,113 to €17,804
- Taxes +€5,832
up €5,832 (+342%), from €1,704 to €7,536
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 | €1,267,491 | €845,949 | -€421,541 | -33.3% |
| Fixed assets | 21/28 | €328,723 | €245,167 | -€83,556 | -25.4% |
| Tangible fixed assets | 22/27 | €326,517 | €242,961 | -€83,556 | -25.6% |
| Land and buildings | 22 | €234,735 | €181,142 | -€53,593 | -22.8% |
| Plant, machinery and equipment | 23 | €71,590 | €52,176 | -€19,414 | -27.1% |
| Furniture and vehicles | 24 | €20,192 | €9,642 | -€10,550 | -52.2% |
| Financial fixed assets | 28 | €2,207 | €2,207 | = | 0.0% |
| Current assets | 29/58 | €938,767 | €600,782 | -€337,985 | -36.0% |
| Amounts receivable after more than one year | 29 | €110,000 | €110,000 | = | 0.0% |
| Other amounts receivable | 291 | €110,000 | €110,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €131,594 | €177,128 | +€45,534 | +34.6% |
| Stocks | 30/36 | €131,594 | €177,128 | +€45,534 | +34.6% |
| Amounts receivable within one year | 40/41 | €77,698 | €96,248 | +€18,550 | +23.9% |
| Trade receivables | 40 | €6,873 | €22,666 | +€15,793 | +230% |
| Other amounts receivable | 41 | €70,826 | €73,582 | +€2,756 | +3.9% |
| Current investments | 50/53 | €513,311 | €89,866 | -€423,445 | -82.5% |
| Cash at bank and in hand | 54/58 | €95,887 | €118,758 | +€22,871 | +23.9% |
| Deferred charges and accrued income | 490/1 | €10,277 | €8,781 | -€1,495 | -14.6% |
| Total equity and liabilities | 10/49 | €1,267,491 | €845,949 | -€421,541 | -33.3% |
| Equity | 10/15 | €608,350 | €415,896 | -€192,454 | -31.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €589,750 | €397,296 | -€192,454 | -32.6% |
| Distributable reserves | 133 | €589,750 | €397,296 | -€192,454 | -32.6% |
| Amounts payable | 17/49 | €659,141 | €430,054 | -€229,087 | -34.8% |
| Amounts payable after more than one year | 17 | €209,516 | €160,771 | -€48,745 | -23.3% |
| Financial debts | 170/4 | €209,516 | €160,771 | -€48,745 | -23.3% |
| Amounts payable within one year | 42/48 | €369,275 | €264,698 | -€104,577 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | €51,832 | €48,745 | -€3,087 | -6.0% |
| Trade debts | 44 | €290,449 | €9,368 | -€281,080 | -96.8% |
| Suppliers | 440/4 | €290,449 | €9,368 | -€281,080 | -96.8% |
| Taxes, remuneration and social security | 45 | €12,681 | €12,459 | -€222 | -1.8% |
| Remuneration and social security | 454/9 | €12,681 | €12,459 | -€222 | -1.8% |
| Other amounts payable | 47/48 | €14,313 | €194,125 | +€179,812 | +1,256% |
| Accrued charges and deferred income | 492/3 | €80,350 | €4,585 | -€75,765 | -94.3% |
| Remuneration, social security and pensions | 62 | €91,997 | €104,000 | +€12,003 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,220 | €94,984 | +€763 | +0.8% |
| Other operating charges | 640/8 | €7,239 | €7,099 | -€141 | -1.9% |
| Gross operating margin | 9900 | €225,356 | €292,958 | +€67,601 | +30.0% |
| Operating profit (loss) | 9901 | €31,900 | €86,875 | +€54,976 | +172% |
| Financial income | 75/76B | €27,113 | €17,804 | -€9,309 | -34.3% |
| Recurring financial income | 75 | €27,113 | €17,804 | -€9,309 | -34.3% |
| Financial charges | 65/66B | €51,143 | €79,098 | +€27,955 | +54.7% |
| Recurring financial charges | 65 | €51,143 | €79,098 | +€27,955 | +54.7% |
| Profit (loss) for the period before taxes | 9903 | €7,870 | €25,582 | +€17,712 | +225% |
| Income taxes | 67/77 | €1,704 | €7,536 | +€5,832 | +342% |
| Profit (loss) for the period | 9904 | €6,166 | €18,046 | +€11,880 | +193% |
| Profit (loss) for the period to be appropriated | 9905 | €6,166 | €18,046 | +€11,880 | +193% |
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 15 October 2026 via checked.be.