RAMA: 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.
RAMA
Largest movements
- Receivables within one year -€305,537
down €305,537 (-100%), from €305,537 to €0
- Deferred charges and accrued income -€177,429
down €177,429 (-48.4%), from €366,497 to €189,069
- Receivables after one year -€130,350
down €130,350 (-34.7%), from €375,350 to €245,000
- Tangible fixed assets -€15,829
down €15,829 (-20.6%), from €76,699 to €60,869
- Contributions -€651,400
down €651,400 (-97.2%), from €670,000 to €18,600
- Other debts +€34,719
up €34,719 (+259%), from €13,400 to €48,119
- Financial charges -€11,391
down €11,391 (-97.7%), from €11,655 to €264
- Depreciation -€9,872
down €9,872 (-38.4%), from €25,701 to €15,829
- Gross operating margin -€9,534
down €9,534 (-72.2%), from €13,214 to €3,680
- Other operating charges -€1,555
down €1,555 (-38.8%), from €4,008 to €2,453
- Financial income -€1,093
down €1,093 (-4.4%), from €24,681 to €23,588
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 | €1,129,067 | €500,349 | -€628,719 | -55.7% |
| Fixed assets | 21/28 | €76,699 | €60,869 | -€15,829 | -20.6% |
| Tangible fixed assets | 22/27 | €76,699 | €60,869 | -€15,829 | -20.6% |
| Land and buildings | 22 | €76,699 | €60,869 | -€15,829 | -20.6% |
| Current assets | 29/58 | €1,052,369 | €439,479 | -€612,889 | -58.2% |
| Amounts receivable after more than one year | 29 | €375,350 | €245,000 | -€130,350 | -34.7% |
| Other amounts receivable | 291 | €375,350 | €245,000 | -€130,350 | -34.7% |
| Amounts receivable within one year | 40/41 | €305,537 | €0 | -€305,537 | -100% |
| Other amounts receivable | 41 | €305,537 | €0 | -€305,537 | -100% |
| Cash at bank and in hand | 54/58 | €4,984 | €5,411 | +€426 | +8.6% |
| Deferred charges and accrued income | 490/1 | €366,497 | €189,069 | -€177,429 | -48.4% |
| Total equity and liabilities | 10/49 | €1,129,067 | €500,349 | -€628,719 | -55.7% |
| Equity | 10/15 | €1,093,909 | €451,232 | -€642,677 | -58.8% |
| Contributions | 10/11 | €670,000 | €18,600 | -€651,400 | -97.2% |
| Reserves | 13 | €3,505 | €3,505 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,505 | €0 | -€3,505 | -100% |
| Reserves not available under the articles | 1311 | €3,505 | €0 | -€3,505 | -100% |
| Distributable reserves | 133 | - | €3,505 | +€3,505 | |
| Profit (loss) carried forward | 14 | €420,404 | €429,126 | +€8,723 | +2.1% |
| Amounts payable | 17/49 | €35,159 | €49,117 | +€13,959 | +39.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €35,124 | €49,117 | +€13,993 | +39.8% |
| Current portion of amounts payable after more than one year | 42 | €10,757 | €0 | -€10,757 | -100% |
| Trade debts | 44 | €10,968 | €998 | -€9,969 | -90.9% |
| Suppliers | 440/4 | €10,968 | €998 | -€9,969 | -90.9% |
| Other amounts payable | 47/48 | €13,400 | €48,119 | +€34,719 | +259% |
| Accrued charges and deferred income | 492/3 | €34 | €0 | -€34 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,701 | €15,829 | -€9,872 | -38.4% |
| Other operating charges | 640/8 | €4,008 | €2,453 | -€1,555 | -38.8% |
| Gross operating margin | 9900 | €13,214 | €3,680 | -€9,534 | -72.2% |
| Operating profit (loss) | 9901 | -€16,495 | -€14,602 | +€1,893 | +11.5% |
| Financial income | 75/76B | €24,681 | €23,588 | -€1,093 | -4.4% |
| Recurring financial income | 75 | €24,681 | €23,588 | -€1,093 | -4.4% |
| Financial charges | 65/66B | €11,655 | €264 | -€11,391 | -97.7% |
| Recurring financial charges | 65 | €11,655 | €264 | -€11,391 | -97.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,468 | €8,723 | +€12,191 | |
| Profit (loss) for the period | 9904 | -€3,468 | €8,723 | +€12,191 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,468 | €8,723 | +€12,191 |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.