RAMAN: 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.
RAMAN
Largest movements
- Receivables within one year +€16,670
up €16,670 (+31.3%), from €53,326 to €69,996
of which Other amounts receivable: +€15,525
- Cash -€5,832
down €5,832 (-66.7%), from €8,745 to €2,914
mainly Receivables within one year (-€16,670) and Deferred charges and accrued income (-€56)
- Trade debts +€10,138
up €10,138 (+78.4%), from €12,931 to €23,069
- Gross operating margin -€341
down €341 (-37.6%), from €907 to €566
- Financial charges -€97
down €97 (-42.6%), from €228 to €131
- Financial income +€56
up €56 (+31.2%), from €181 to €237
- Other operating charges +€16
up €16 (+3.0%), from €528 to €544
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 | €62,252 | €73,147 | +€10,894 | +17.5% |
| Current assets | 29/58 | €62,252 | €73,147 | +€10,894 | +17.5% |
| Amounts receivable within one year | 40/41 | €53,326 | €69,996 | +€16,670 | +31.3% |
| Trade receivables | 40 | €2,590 | €3,735 | +€1,145 | +44.2% |
| Other amounts receivable | 41 | €50,737 | €66,261 | +€15,525 | +30.6% |
| Cash at bank and in hand | 54/58 | €8,745 | €2,914 | -€5,832 | -66.7% |
| Deferred charges and accrued income | 490/1 | €181 | €237 | +€56 | +31.2% |
| Total equity and liabilities | 10/49 | €62,252 | €73,147 | +€10,894 | +17.5% |
| Equity | 10/15 | €49,321 | €49,449 | +€128 | +0.3% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €18,335 | €18,462 | +€128 | +0.7% |
| Distributable reserves | 133 | €18,335 | €18,462 | +€128 | +0.7% |
| Amounts payable | 17/49 | €12,931 | €23,697 | +€10,766 | +83.3% |
| Amounts payable within one year | 42/48 | €12,931 | €23,697 | +€10,766 | +83.3% |
| Trade debts | 44 | €12,931 | €23,069 | +€10,138 | +78.4% |
| Suppliers | 440/4 | €12,931 | €23,069 | +€10,138 | +78.4% |
| Taxes, remuneration and social security | 45 | - | €629 | +€629 | |
| Taxes | 450/3 | - | €629 | +€629 | |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €907 | €566 | -€341 | -37.6% |
| Operating profit (loss) | 9901 | €379 | €22 | -€357 | -94.2% |
| Financial income | 75/76B | €181 | €237 | +€56 | +31.2% |
| Recurring financial income | 75 | €181 | €237 | +€56 | +31.2% |
| Financial charges | 65/66B | €228 | €131 | -€97 | -42.6% |
| Recurring financial charges | 65 | €228 | €131 | -€97 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | €331 | €128 | -€203 | -61.4% |
| Profit (loss) for the period | 9904 | €331 | €128 | -€203 | -61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €331 | €128 | -€203 | -61.4% |
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 12 October 2026 via checked.be.