RAM: 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.
RAM
Largest movements
- Cash -€12,484
down €12,484 (-66.7%), from €18,727 to €6,242
mainly Tax, wage and social debts (-€11,152) and Trade debts (-€8,423)
- Receivables within one year -€9,430
down €9,430 (-52.6%), from €17,918 to €8,488
of which Other amounts receivable: -€4,959
- Stocks and contracts +€3,561
up €3,561 (+39.3%), from €9,070 to €12,631
- Tangible fixed assets -€3,207
down €3,207 (-39.3%), from €8,154 to €4,947
of which Furniture and vehicles: -€3,794
- Deferred charges and accrued income -€1,104
down €1,104 (-12.5%), from €8,847 to €7,743
- Tax, wage and social debts -€11,152
down €11,152 (-56.2%), from €19,827 to €8,676
of which Taxes: -€5,752
- Trade debts -€8,423
down €8,423 (-57.5%), from €14,658 to €6,235
- Profit (loss) carried forward -€3,120
new in 2025: -€3,120
- Staff costs +€37,608
up €37,608 (+272.2%), from €13,814 to €51,422
- Gross operating margin +€31,467
up €31,467 (+111.2%), from €28,303 to €59,769
- Depreciation -€3,357
down €3,357 (-40.8%), from €8,230 to €4,873
- Financial charges +€1,974
up €1,974 (+164.2%), from €1,202 to €3,176
- Other operating charges -€658
down €658 (-18.4%), from €3,571 to €2,913
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.
Cash bridge derived
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 | €62,865 | €40,202 | -€22,664 | -36.1% |
| Fixed assets | 21/28 | €8,304 | €5,097 | -€3,207 | -38.6% |
| Tangible fixed assets | 22/27 | €8,154 | €4,947 | -€3,207 | -39.3% |
| Plant, machinery and equipment | 23 | €2,190 | €2,777 | +€587 | +26.8% |
| Furniture and vehicles | 24 | €5,964 | €2,170 | -€3,794 | -63.6% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €54,562 | €35,105 | -€19,457 | -35.7% |
| Stocks and contracts in progress | 3 | €9,070 | €12,631 | +€3,561 | +39.3% |
| Stocks | 30/36 | €9,070 | €12,631 | +€3,561 | +39.3% |
| Amounts receivable within one year | 40/41 | €17,918 | €8,488 | -€9,430 | -52.6% |
| Trade receivables | 40 | €8,385 | €3,914 | -€4,471 | -53.3% |
| Other amounts receivable | 41 | €9,533 | €4,574 | -€4,959 | -52.0% |
| Cash at bank and in hand | 54/58 | €18,727 | €6,242 | -€12,484 | -66.7% |
| Deferred charges and accrued income | 490/1 | €8,847 | €7,743 | -€1,104 | -12.5% |
| Total equity and liabilities | 10/49 | €62,865 | €40,202 | -€22,664 | -36.1% |
| Equity | 10/15 | €28,173 | €25,053 | -€3,120 | -11.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €27,173 | €27,173 | = | 0.0% |
| Distributable reserves | 133 | €27,173 | €27,173 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,120 | -€3,120 | |
| Amounts payable | 17/49 | €34,693 | €15,149 | -€19,544 | -56.3% |
| Amounts payable within one year | 42/48 | €34,485 | €14,910 | -€19,575 | -56.8% |
| Trade debts | 44 | €14,658 | €6,235 | -€8,423 | -57.5% |
| Suppliers | 440/4 | €14,658 | €6,235 | -€8,423 | -57.5% |
| Taxes, remuneration and social security | 45 | €19,827 | €8,676 | -€11,152 | -56.2% |
| Taxes | 450/3 | €9,198 | €3,446 | -€5,752 | -62.5% |
| Remuneration and social security | 454/9 | €10,629 | €5,229 | -€5,399 | -50.8% |
| Accrued charges and deferred income | 492/3 | €207 | €238 | +€31 | +15.0% |
| Remuneration, social security and pensions | 62 | €13,814 | €51,422 | +€37,608 | +272.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,230 | €4,873 | -€3,357 | -40.8% |
| Other operating charges | 640/8 | €3,571 | €2,913 | -€658 | -18.4% |
| Gross operating margin | 9900 | €28,303 | €59,769 | +€31,467 | +111.2% |
| Operating profit (loss) | 9901 | €2,687 | €561 | -€2,126 | -79.1% |
| Financial income | 75/76B | €63 | €143 | +€80 | +126.9% |
| Recurring financial income | 75 | €63 | €143 | +€80 | +126.9% |
| Financial charges | 65/66B | €1,202 | €3,176 | +€1,974 | +164.2% |
| Recurring financial charges | 65 | €1,202 | €3,176 | +€1,974 | +164.2% |
| Profit (loss) for the period before taxes | 9903 | €1,548 | -€2,472 | -€4,020 | |
| Income taxes | 67/77 | €998 | €648 | -€349 | -35.0% |
| Profit (loss) for the period | 9904 | €550 | -€3,120 | -€3,670 | |
| Profit (loss) for the period to be appropriated | 9905 | €550 | -€3,120 | -€3,670 |
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 12 October 2026 via checked.be.