R.A.M.: 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.
R.A.M.
Largest movements
- Cash -€8,009
down €8,009 (-68.2%), from €11,740 to €3,731
mainly Debts (-€19,083) and Receivables within one year (-€4,742)
- Receivables within one year +€4,742
up €4,742 (+27.5%), from €17,242 to €21,984
- Current investments +€1,116
up €1,116 (+44.7%), from €2,500 to €3,616
- Debts -€19,083
down €19,083 (-32.1%), from €59,435 to €40,352
of which Debts within one year: -€16,583
- Equity +€16,933
up €16,933 (+60.6%), from -€27,953 to -€11,020
of which Profit (loss) carried forward: +€16,933
- Gross operating margin -€733
down €733 (-2.5%), from €28,874 to €28,141
- Taxes +€503
up €503 (+6.8%), from €7,384 to €7,886
From the 2019 result to the 2020 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 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,482 | €29,331 | -€2,151 | -6.8% |
| Current assets | 29/58 | €31,482 | €29,331 | -€2,151 | -6.8% |
| Amounts receivable within one year | 40/41 | €17,242 | €21,984 | +€4,742 | +27.5% |
| Current investments | 50/53 | €2,500 | €3,616 | +€1,116 | +44.7% |
| Cash at bank and in hand | 54/58 | €11,740 | €3,731 | -€8,009 | -68.2% |
| Total equity and liabilities | 10/49 | €31,482 | €29,331 | -€2,151 | -6.8% |
| Equity | 10/15 | -€27,953 | -€11,020 | +€16,933 | +60.6% |
| Contributions | 10/11 | €18,550 | - | -€18,550 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,362 | -€31,429 | +€16,933 | +35.0% |
| Amounts payable | 17/49 | €59,435 | €40,352 | -€19,083 | -32.1% |
| Amounts payable after more than one year | 17 | €17,000 | €17,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €39,935 | €23,352 | -€16,583 | -41.5% |
| Trade debts | 44 | €8,670 | €392 | -€8,279 | -95.5% |
| Gross operating margin | 9900 | €28,874 | €28,141 | -€733 | -2.5% |
| Operating profit (loss) | 9901 | €22,526 | €25,708 | +€3,182 | +14.1% |
| Recurring financial income | 75 | €957 | €116 | -€840 | -87.8% |
| Recurring financial charges | 65 | €160 | €1,005 | +€845 | +530% |
| Profit (loss) for the period before taxes | 9903 | €23,323 | €24,819 | +€1,496 | +6.4% |
| Income taxes | 67/77 | €7,384 | €7,886 | +€503 | +6.8% |
| Profit (loss) for the period | 9904 | €15,940 | €16,933 | +€993 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,940 | €16,933 | +€993 | +6.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.