RAM 16: 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 16
Largest movements
- Cash +€14,957
up €14,957 (+84.8%), from €17,648 to €32,605
mainly Receivables within one year (+€7,327) and Net result for the year (+€4,182)
- Receivables within one year -€7,327
down €7,327 (-51.8%), from €14,144 to €6,817
of which Other amounts receivable: -€12,601
- Tangible fixed assets -€652
down €652 (-3.4%), from €18,936 to €18,283
of which Land and buildings: -€1,091
- Reserves +€4,182
up €4,182 (+61.0%), from €6,859 to €11,041
- Other debts +€2,665
up €2,665 (+155%), from €1,718 to €4,383
- Tax, wage and social debts +€1,804
new in 2025: €1,804
- Profit (loss) carried forward -€1,666
down €1,666 (-7.0%), from €23,733 to €22,067
- Gross operating margin +€6,509
up €6,509 (+185%), from €3,518 to €10,027
- Taxes +€1,804
new in 2025: €1,804
- Depreciation +€296
up €296 (+10.1%), from €2,924 to €3,219
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 | €50,902 | €57,886 | +€6,985 | +13.7% |
| Fixed assets | 21/28 | €18,936 | €18,283 | -€652 | -3.4% |
| Tangible fixed assets | 22/27 | €18,936 | €18,283 | -€652 | -3.4% |
| Land and buildings | 22 | €13,892 | €12,801 | -€1,091 | -7.9% |
| Furniture and vehicles | 24 | €5,044 | €5,482 | +€438 | +8.7% |
| Current assets | 29/58 | €31,966 | €39,603 | +€7,637 | +23.9% |
| Amounts receivable within one year | 40/41 | €14,144 | €6,817 | -€7,327 | -51.8% |
| Trade receivables | 40 | €1,060 | €6,334 | +€5,274 | +498% |
| Other amounts receivable | 41 | €13,084 | €483 | -€12,601 | -96.3% |
| Cash at bank and in hand | 54/58 | €17,648 | €32,605 | +€14,957 | +84.8% |
| Deferred charges and accrued income | 490/1 | €174 | €182 | +€7 | +4.1% |
| Total equity and liabilities | 10/49 | €50,902 | €57,886 | +€6,985 | +13.7% |
| Equity | 10/15 | €49,184 | €51,700 | +€2,516 | +5.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €6,859 | €11,041 | +€4,182 | +61.0% |
| Distributable reserves | 133 | €6,859 | €11,041 | +€4,182 | +61.0% |
| Profit (loss) carried forward | 14 | €23,733 | €22,067 | -€1,666 | -7.0% |
| Amounts payable | 17/49 | €1,718 | €6,187 | +€4,469 | +260% |
| Amounts payable within one year | 42/48 | €1,718 | €6,187 | +€4,469 | +260% |
| Taxes, remuneration and social security | 45 | - | €1,804 | +€1,804 | |
| Taxes | 450/3 | - | €1,804 | +€1,804 | |
| Other amounts payable | 47/48 | €1,718 | €4,383 | +€2,665 | +155% |
| Remuneration, social security and pensions | 62 | -€1 | - | +€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,924 | €3,219 | +€296 | +10.1% |
| Other operating charges | 640/8 | €700 | €721 | +€21 | +3.1% |
| Gross operating margin | 9900 | €3,518 | €10,027 | +€6,509 | +185% |
| Operating profit (loss) | 9901 | -€104 | €6,087 | +€6,191 | |
| Financial charges | 65/66B | €103 | €102 | -€1 | -1.1% |
| Recurring financial charges | 65 | €103 | €102 | -€1 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | -€207 | €5,985 | +€6,192 | |
| Income taxes | 67/77 | - | €1,804 | +€1,804 | |
| Profit (loss) for the period | 9904 | -€207 | €4,182 | +€4,389 | |
| Profit (loss) for the period to be appropriated | 9905 | -€207 | €4,182 | +€4,389 |
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 22 October 2026 via checked.be.