RAMA BEHEER: 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.
What changed
RAMA BEHEER
NACE 46.190, Agents in non-specialised wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€40,187
2024 · €34,837+€5,350
Equity
€1.4m
2024 · €1.4m-€19,813
Cash
€1,037
2024 · €12,759-€11,722
Balance sheet total
€1.8m
2024 · €1.7m+€44,566
Largest movements
Assets
- Tangible fixed assets +€40,890
new in 2025: €40,890
Equity and liabilities
- Debts after one year +€32,131
new in 2025: €32,131
- Reserves -€17,890
down €17,890 (-6.1%), from €295,435 to €277,545
of which Distributable reserves: -€19,900
Income statement
- Financial income +€9,289
up €9,289 (+70.7%), from €13,142 to €22,431
- Depreciation +€4,008
new in 2025: €4,008
- Taxes -€2,805
down €2,805 (-20.1%), from €13,929 to €11,124
- Gross operating margin -€1,276
down €1,276 (-2.2%), from €58,250 to €56,974
- Financial charges +€948
up €948 (+4.7%), from €20,267 to €21,215
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.
Result 2024
€34,837
Gross operating margin
-€1,276
Depreciation
-€4,008
Other operating charges
-€512
Financial income
+€9,289
Financial charges
-€948
Taxes
+€2,805
Result 2025
€40,187
raises the resultlowers the result
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.
From operations
+€52,438
Investment
-€44,898
Financing
-€19,262
Cash 2024
€12,759
From operations (derived)
+€52,438
Net result for the year
+€40,187
Depreciation
+€4,008
Receivables within one year
-€14,916
Deferred charges and accrued income
-€482
Provisions
-€5,510
Trade debts
-€754
Tax, wage and social debts
+€12,990
Other debts
+€16,826
Accrued charges and deferred income
+€89
Investment (derived)
-€44,898
Investment in fixed assets (net)
-€44,898
Financing
-€19,262
Debts after one year
+€32,131
Current portion of long-term debt
+€8,575
Short-term financial debts
+€31
Contributions, distributions and other
-€60,000
Cash 2025
€1,037
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,734,368 | €1,778,934 | +€44,566 | +2.6% |
| Fixed assets | 21/28 | €1,431,279 | €1,472,169 | +€40,890 | +2.9% |
| Tangible fixed assets | 22/27 | - | €40,890 | +€40,890 | |
| Leasing and similar rights | 25 | - | €40,890 | +€40,890 | |
| Financial fixed assets | 28 | €1,431,279 | €1,431,279 | = | 0.0% |
| Current assets | 29/58 | €303,090 | €306,766 | +€3,676 | +1.2% |
| Amounts receivable within one year | 40/41 | €283,687 | €298,603 | +€14,916 | +5.3% |
| Trade receivables | 40 | €13,800 | €0 | -€13,800 | -100% |
| Other amounts receivable | 41 | €269,887 | €298,603 | +€28,716 | +10.6% |
| Cash at bank and in hand | 54/58 | €12,759 | €1,037 | -€11,722 | -91.9% |
| Deferred charges and accrued income | 490/1 | €6,644 | €7,126 | +€482 | +7.3% |
| Total equity and liabilities | 10/49 | €1,734,368 | €1,778,934 | +€44,566 | +2.6% |
| Equity | 10/15 | €1,395,179 | €1,375,366 | -€19,813 | -1.4% |
| Contributions | 10/11 | €1,096,000 | €1,096,000 | = | 0.0% |
| Capital | 10 | €1,096,000 | €1,096,000 | = | 0.0% |
| Issued capital | 100 | €1,096,000 | €1,096,000 | = | 0.0% |
| Reserves | 13 | €295,435 | €277,545 | -€17,890 | -6.1% |
| Non-distributable reserves | 130/1 | €35,655 | €37,665 | +€2,010 | +5.6% |
| Legal reserve | 130 | €35,655 | €37,665 | +€2,010 | +5.6% |
| Distributable reserves | 133 | €259,780 | €239,880 | -€19,900 | -7.7% |
| Profit (loss) carried forward | 14 | €3,744 | €1,821 | -€1,923 | -51.4% |
| Provisions and deferred taxes | 16 | €223,543 | €218,033 | -€5,510 | -2.5% |
| Provisions for liabilities and charges | 160/5 | €223,543 | €218,033 | -€5,510 | -2.5% |
| Other liabilities and charges | 164/5 | €223,543 | €218,033 | -€5,510 | -2.5% |
| Amounts payable | 17/49 | €115,646 | €185,535 | +€69,889 | +60.4% |
| Amounts payable after more than one year | 17 | - | €32,131 | +€32,131 | |
| Financial debts | 170/4 | - | €32,131 | +€32,131 | |
| Amounts payable within one year | 42/48 | €111,255 | €148,924 | +€37,668 | +33.9% |
| Current portion of amounts payable after more than one year | 42 | - | €8,575 | +€8,575 | |
| Financial debts | 43 | €3,333 | €3,365 | +€31 | +0.9% |
| Credit institutions | 430/8 | €3,333 | €3,365 | +€31 | +0.9% |
| Trade debts | 44 | €8,604 | €7,850 | -€754 | -8.8% |
| Suppliers | 440/4 | €8,604 | €7,850 | -€754 | -8.8% |
| Taxes, remuneration and social security | 45 | €8,710 | €21,700 | +€12,990 | +149% |
| Taxes | 450/3 | €8,710 | €21,700 | +€12,990 | +149% |
| Other amounts payable | 47/48 | €90,609 | €107,434 | +€16,826 | +18.6% |
| Accrued charges and deferred income | 492/3 | €4,391 | €4,480 | +€89 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,008 | +€4,008 | |
| Other operating charges | 640/8 | €2,360 | €2,872 | +€512 | +21.7% |
| Gross operating margin | 9900 | €58,250 | €56,974 | -€1,276 | -2.2% |
| Operating profit (loss) | 9901 | €55,890 | €50,095 | -€5,796 | -10.4% |
| Financial income | 75/76B | €13,142 | €22,431 | +€9,289 | +70.7% |
| Recurring financial income | 75 | €13,142 | €22,431 | +€9,289 | +70.7% |
| Financial charges | 65/66B | €20,267 | €21,215 | +€948 | +4.7% |
| Recurring financial charges | 65 | €20,267 | €21,215 | +€948 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €48,766 | €51,311 | +€2,545 | +5.2% |
| Income taxes | 67/77 | €13,929 | €11,124 | -€2,805 | -20.1% |
| Profit (loss) for the period | 9904 | €34,837 | €40,187 | +€5,350 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,837 | €40,187 | +€5,350 | +15.4% |
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.