Raammakers: what changed
What changed
Raammakers
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€51,787
2023 · -€150,053+€201,840
Equity
-€237,350
2023 · -€289,137+€51,787
Cash
€74,549
2023 · €27,536+€47,013
Balance sheet total
€471,937
2023 · €446,701+€25,236
Largest movements
Assets
- Cash +€47,013
up €47,013 (+171%), from €27,536 to €74,549
mainly Net result for the year (+€51,787) and Trade debts (+€48,905)
- Deferred charges and accrued income -€17,678
down €17,678 (-36.8%), from €48,050 to €30,372
- Tangible fixed assets -€7,569
down €7,569 (-35.8%), from €21,136 to €13,567
of which Furniture and vehicles: -€4,709
Equity and liabilities
- Debts after one year -€63,381
down €63,381 (-58.0%), from €109,319 to €45,937
- Profit (loss) carried forward +€51,787
up €51,787 (+12.4%), from -€417,372 to -€365,585
- Trade debts +€48,905
up €48,905 (+9.9%), from €495,231 to €544,136
- Current portion of long-term debt -€8,042
down €8,042 (-12.1%), from €66,319 to €58,277
Income statement
- Gross operating margin +€188,010
up €188,010 (+246%), from €76,432 to €264,442
- Staff costs -€12,788
down €12,788 (-6.0%), from €213,642 to €200,855
- Financial charges -€4,879
down €4,879 (-89.4%), from €5,458 to €579
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€150,053
Gross operating margin
+€188,010
Staff costs
+€12,788
Depreciation
+€433
Other operating charges
-€1,881
Financial income
-€2,390
Financial charges
+€4,879
Taxes
+€0
Result 2024
€51,787
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€120,087
Investment
-€1,650
Financing
-€71,424
Cash 2023
€27,536
From operations (derived)
+€120,087
Net result for the year
+€51,787
Depreciation
+€7,569
Stocks and contracts
+€1,486
Receivables within one year
-€3,306
Deferred charges and accrued income
+€17,678
Trade debts
+€48,905
Tax, wage and social debts
-€4,033
Investment (derived)
-€1,650
Investment in fixed assets (net)
-€1,650
Financing
-€71,424
Debts after one year
-€63,381
Current portion of long-term debt
-€8,042
Cash 2024
€74,549
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €446,701 | €471,937 | +€25,236 | +5.6% |
| Fixed assets | 21/28 | €21,499 | €15,580 | -€5,919 | -27.5% |
| Tangible fixed assets | 22/27 | €21,136 | €13,567 | -€7,569 | -35.8% |
| Land and buildings | 22 | €9,756 | €6,897 | -€2,860 | -29.3% |
| Furniture and vehicles | 24 | €11,380 | €6,670 | -€4,709 | -41.4% |
| Financial fixed assets | 28 | €363 | €2,013 | +€1,650 | +455% |
| Current assets | 29/58 | €425,203 | €456,357 | +€31,155 | +7.3% |
| Stocks and contracts in progress | 3 | €27,436 | €25,950 | -€1,486 | -5.4% |
| Stocks | 30/36 | €27,436 | €25,950 | -€1,486 | -5.4% |
| Amounts receivable within one year | 40/41 | €322,181 | €325,487 | +€3,306 | +1.0% |
| Trade receivables | 40 | €252,639 | €293,572 | +€40,933 | +16.2% |
| Other amounts receivable | 41 | €69,542 | €31,915 | -€37,627 | -54.1% |
| Cash at bank and in hand | 54/58 | €27,536 | €74,549 | +€47,013 | +171% |
| Deferred charges and accrued income | 490/1 | €48,050 | €30,372 | -€17,678 | -36.8% |
| Total equity and liabilities | 10/49 | €446,701 | €471,937 | +€25,236 | +5.6% |
| Equity | 10/15 | -€289,137 | -€237,350 | +€51,787 | +17.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €28,235 | €28,235 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,068 | €2,068 | = | 0.0% |
| Legal reserve | 130 | €2,068 | €2,068 | = | 0.0% |
| Distributable reserves | 133 | €26,168 | €26,168 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€417,372 | -€365,585 | +€51,787 | +12.4% |
| Amounts payable | 17/49 | €735,838 | €709,287 | -€26,551 | -3.6% |
| Amounts payable after more than one year | 17 | €109,319 | €45,937 | -€63,381 | -58.0% |
| Financial debts | 170/4 | €109,319 | €45,937 | -€63,381 | -58.0% |
| Amounts payable within one year | 42/48 | €626,520 | €663,350 | +€36,830 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €66,319 | €58,277 | -€8,042 | -12.1% |
| Trade debts | 44 | €495,231 | €544,136 | +€48,905 | +9.9% |
| Suppliers | 440/4 | €495,231 | €544,136 | +€48,905 | +9.9% |
| Taxes, remuneration and social security | 45 | €23,869 | €19,836 | -€4,033 | -16.9% |
| Taxes | 450/3 | €916 | €940 | +€23 | +2.6% |
| Remuneration and social security | 454/9 | €22,953 | €18,897 | -€4,057 | -17.7% |
| Other amounts payable | 47/48 | €41,100 | €41,100 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €213,642 | €200,855 | -€12,788 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,002 | €7,569 | -€433 | -5.4% |
| Other operating charges | 640/8 | €3,092 | €4,972 | +€1,881 | +60.8% |
| Gross operating margin | 9900 | €76,432 | €264,442 | +€188,010 | +246% |
| Operating profit (loss) | 9901 | -€148,304 | €51,046 | +€199,350 | |
| Financial income | 75/76B | €4,180 | €1,790 | -€2,390 | -57.2% |
| Recurring financial income | 75 | €2,690 | €1,790 | -€900 | -33.5% |
| Non-recurring financial income | 76B | €1,490 | - | -€1,490 | |
| Financial charges | 65/66B | €5,458 | €579 | -€4,879 | -89.4% |
| Recurring financial charges | 65 | €5,458 | €579 | -€4,879 | -89.4% |
| Profit (loss) for the period before taxes | 9903 | -€149,583 | €52,257 | +€201,840 | |
| Income taxes | 67/77 | €470 | €470 | -€0 | 0.0% |
| Profit (loss) for the period | 9904 | -€150,053 | €51,787 | +€201,840 | |
| Profit (loss) for the period to be appropriated | 9905 | -€150,053 | €51,787 | +€201,840 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.