RAMB: what changed
Two fiscal 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.
RAMB
Largest movements
- Receivables within one year +€273,845
up €273,845 (+413.5%), from €66,221 to €340,066
of which Other amounts receivable: +€314,224
- Deferred charges and accrued income +€11,508
up €11,508 (+1978.6%), from €582 to €12,090
- Tangible fixed assets -€7,849
down €7,849 (-8.1%), from €97,242 to €89,393
of which Other tangible fixed assets: -€18,122
- Cash +€7,337
up €7,337 (+9.3%), from €78,857 to €86,194
- Profit (loss) carried forward +€227,207
up €227,207 (+783.1%), from €29,015 to €256,222
- Tax, wage and social debts +€71,095
up €71,095 (+237.7%), from €29,915 to €101,010
of which Taxes: +€65,603
- Debts after one year -€48,225
down €48,225 (-58.6%), from €82,274 to €34,049
- Trade debts +€45,473
up €45,473 (+67.4%), from €67,489 to €112,962
- Current portion of long-term debt -€18,368
down €18,368 (-42.8%), from €42,899 to €24,531
- Gross operating margin +€336,468
up €336,468 (+492.2%), from €68,356 to €404,824
- Staff costs +€121,470
up €121,470 (+433.6%), from €28,016 to €149,485
- Financial charges +€15,468
up €15,468 (+340.3%), from €4,545 to €20,014
- Depreciation +€14,737
up €14,737 (+226.9%), from €6,495 to €21,232
- Taxes +€6,145
new in 2024: €6,145
From the 2022 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €266,592 | €548,101 | +€281,510 | +105.6% |
| Fixed assets | 21/28 | €118,401 | €107,101 | -€11,300 | -9.5% |
| Intangible fixed assets | 21 | €2,803 | €1,663 | -€1,140 | -40.7% |
| Tangible fixed assets | 22/27 | €97,242 | €89,393 | -€7,849 | -8.1% |
| Plant, machinery and equipment | 23 | €7,047 | €7,271 | +€224 | +3.2% |
| Furniture and vehicles | 24 | €4,372 | €14,421 | +€10,049 | +229.8% |
| Other tangible fixed assets | 26 | €85,823 | €67,701 | -€18,122 | -21.1% |
| Financial fixed assets | 28 | €18,357 | €16,045 | -€2,312 | -12.6% |
| Current assets | 29/58 | €148,190 | €441,000 | +€292,810 | +197.6% |
| Stocks and contracts in progress | 3 | €2,531 | €2,650 | +€119 | +4.7% |
| Stocks | 30/36 | €2,531 | €2,650 | +€119 | +4.7% |
| Amounts receivable within one year | 40/41 | €66,221 | €340,066 | +€273,845 | +413.5% |
| Trade receivables | 40 | €40,379 | - | -€40,379 | |
| Other amounts receivable | 41 | €25,842 | €340,066 | +€314,224 | +1216.0% |
| Cash at bank and in hand | 54/58 | €78,857 | €86,194 | +€7,337 | +9.3% |
| Deferred charges and accrued income | 490/1 | €582 | €12,090 | +€11,508 | +1978.6% |
| Total equity and liabilities | 10/49 | €266,592 | €548,101 | +€281,510 | +105.6% |
| Equity | 10/15 | €44,015 | €271,222 | +€227,207 | +516.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,015 | €256,222 | +€227,207 | +783.1% |
| Amounts payable | 17/49 | €222,577 | €276,879 | +€54,302 | +24.4% |
| Amounts payable after more than one year | 17 | €82,274 | €34,049 | -€48,225 | -58.6% |
| Financial debts | 170/4 | €82,274 | €34,049 | -€48,225 | -58.6% |
| Amounts payable within one year | 42/48 | €140,303 | €238,504 | +€98,201 | +70.0% |
| Current portion of amounts payable after more than one year | 42 | €42,899 | €24,531 | -€18,368 | -42.8% |
| Trade debts | 44 | €67,489 | €112,962 | +€45,473 | +67.4% |
| Suppliers | 440/4 | €67,489 | €112,962 | +€45,473 | +67.4% |
| Taxes, remuneration and social security | 45 | €29,915 | €101,010 | +€71,095 | +237.7% |
| Taxes | 450/3 | €19,321 | €84,923 | +€65,603 | +339.5% |
| Remuneration and social security | 454/9 | €10,594 | €16,087 | +€5,493 | +51.9% |
| Accrued charges and deferred income | 492/3 | - | €4,326 | +€4,326 | |
| Remuneration, social security and pensions | 62 | €28,016 | €149,485 | +€121,470 | +433.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,495 | €21,232 | +€14,737 | +226.9% |
| Other operating charges | 640/8 | €86 | €5,803 | +€5,717 | +6673.9% |
| Non-recurring operating charges | 66A | €200 | €7,718 | +€7,518 | +3759.1% |
| Gross operating margin | 9900 | €68,356 | €404,824 | +€336,468 | +492.2% |
| Operating profit (loss) | 9901 | €33,560 | €220,587 | +€187,027 | +557.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €4,545 | €20,014 | +€15,468 | +340.3% |
| Recurring financial charges | 65 | €4,545 | €20,014 | +€15,468 | +340.3% |
| Profit (loss) for the period before taxes | 9903 | €29,015 | €200,574 | +€171,559 | +591.3% |
| Income taxes | 67/77 | - | €6,145 | +€6,145 | |
| Profit (loss) for the period | 9904 | €29,015 | €194,428 | +€165,414 | +570.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,015 | €194,428 | +€165,414 | +570.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.