Ra-Mond: 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.
Ra-Mond
Largest movements
- Cash -€277,435
down €277,435 (-81.7%), from €339,442 to €62,007
mainly Contributions, distributions and other (-€401,626) and Investment in fixed assets (net) (-€251,072)
- Financial fixed assets +€250,000
up €250,000 (+63.4%), from €394,450 to €644,450
- Other debts +€327,974
up €327,974 (+419%), from €78,368 to €406,342
- Reserves -€309,124
down €309,124 (-65.7%), from €470,754 to €161,630
- Debts after one year -€50,075
down €50,075 (-34.2%), from €146,301 to €96,225
- Tax, wage and social debts +€10,739
up €10,739 (+3,820%), from €281 to €11,020
of which Taxes: +€10,899
- Gross operating margin +€59,174
up €59,174 (+84.6%), from €69,940 to €129,114
- Taxes +€18,976
up €18,976 (+128%), from €14,808 to €33,783
- Depreciation -€3,004
down €3,004 (-61.8%), from €4,860 to €1,856
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 | €764,752 | €738,930 | -€25,822 | -3.4% |
| Fixed assets | 21/28 | €399,077 | €648,294 | +€249,216 | +62.4% |
| Tangible fixed assets | 22/27 | €4,627 | €3,844 | -€784 | -16.9% |
| Plant, machinery and equipment | 23 | €2,880 | €3,415 | +€535 | +18.6% |
| Furniture and vehicles | 24 | €1,747 | €429 | -€1,318 | -75.5% |
| Financial fixed assets | 28 | €394,450 | €644,450 | +€250,000 | +63.4% |
| Current assets | 29/58 | €365,675 | €90,637 | -€275,039 | -75.2% |
| Amounts receivable within one year | 40/41 | €8,452 | €7,540 | -€913 | -10.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €8,452 | €7,540 | -€913 | -10.8% |
| Cash at bank and in hand | 54/58 | €339,442 | €62,007 | -€277,435 | -81.7% |
| Deferred charges and accrued income | 490/1 | €17,780 | €21,090 | +€3,309 | +18.6% |
| Total equity and liabilities | 10/49 | €764,752 | €738,930 | -€25,822 | -3.4% |
| Equity | 10/15 | €473,154 | €164,030 | -€309,124 | -65.3% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €470,754 | €161,630 | -€309,124 | -65.7% |
| Distributable reserves | 133 | €470,754 | €161,630 | -€309,124 | -65.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €291,598 | €574,900 | +€283,302 | +97.2% |
| Amounts payable after more than one year | 17 | €146,301 | €96,225 | -€50,075 | -34.2% |
| Financial debts | 170/4 | €146,301 | €96,225 | -€50,075 | -34.2% |
| Amounts payable within one year | 42/48 | €140,695 | €478,011 | +€337,316 | +240% |
| Current portion of amounts payable after more than one year | 42 | €54,372 | €54,617 | +€245 | +0.5% |
| Financial debts | 43 | €6,793 | €5,074 | -€1,720 | -25.3% |
| Credit institutions | 430/8 | €6,793 | €5,074 | -€1,720 | -25.3% |
| Trade debts | 44 | €881 | €958 | +€78 | +8.8% |
| Suppliers | 440/4 | €881 | €958 | +€78 | +8.8% |
| Taxes, remuneration and social security | 45 | €281 | €11,020 | +€10,739 | +3,820% |
| Taxes | 450/3 | €121 | €11,020 | +€10,899 | +8,998% |
| Remuneration and social security | 454/9 | €160 | €0 | -€160 | -100% |
| Other amounts payable | 47/48 | €78,368 | €406,342 | +€327,974 | +419% |
| Accrued charges and deferred income | 492/3 | €4,603 | €664 | -€3,939 | -85.6% |
| Non-recurring operating income | 76A | - | €2,089 | +€2,089 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,860 | €1,856 | -€3,004 | -61.8% |
| Other operating charges | 640/8 | €743 | €612 | -€131 | -17.7% |
| Gross operating margin | 9900 | €69,940 | €129,114 | +€59,174 | +84.6% |
| Operating profit (loss) | 9901 | €64,337 | €126,647 | +€62,309 | +96.8% |
| Financial income | 75/76B | €2,534 | €1,282 | -€1,251 | -49.4% |
| Recurring financial income | 75 | €2,534 | €1,282 | -€1,251 | -49.4% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €2,566 | €1,643 | -€923 | -36.0% |
| Recurring financial charges | 65 | €2,566 | €1,643 | -€923 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €64,305 | €126,286 | +€61,981 | +96.4% |
| Income taxes | 67/77 | €14,808 | €33,783 | +€18,976 | +128% |
| Profit (loss) for the period | 9904 | €49,497 | €92,502 | +€43,005 | +86.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,497 | €92,502 | +€43,005 | +86.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.