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RAMDASH: 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.

What changed

RAMDASH

BE 0600.902.231
NACE 68.321, Property management for co-owned buildings (syndics)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€75,478
2024 · €56,276+€19,202
Equity
€229,802
2024 · €214,955+€14,846
Cash
€100,595
2024 · €11,164+€89,431
Balance sheet total
€538,284
2024 · €516,316+€21,968

Largest movements

2024 to 2025
Assets
  • Cash +€89,431

    up €89,431 (+801.1%), from €11,164 to €100,595

    mainly Net result for the year (+€75,478) and Receivables within one year (+€67,943)

  • Receivables within one year -€67,943

    no longer reported in 2025 (was €67,943)

    of which Other amounts receivable: -€65,943

Equity and liabilities
  • Other debts +€48,648

    up €48,648 (+30.0%), from €162,275 to €210,923

  • Debts after one year -€31,801

    down €31,801 (-38.9%), from €81,801 to €50,000

  • Profit (loss) carried forward +€14,846

    no longer reported in 2025 (was -€14,846)

  • Tax, wage and social debts -€8,544

    down €8,544 (-33.4%), from €25,595 to €17,051

Income statement
  • Taxes -€24,228

    down €24,228 (-98.1%), from €24,706 to €478

  • Gross operating margin -€5,182

    down €5,182 (-6.0%), from €86,904 to €81,722

  • Depreciation -€4,634

    down €4,634 (-90.7%), from €5,107 to €473

  • Financial charges +€1,610

    up €1,610 (+1090.4%), from €148 to €1,757

  • Financial income -€1,081

    no longer reported in 2025 (was €1,081)

From the 2024 result to the 2025 result

effect on the 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 €56,276
Gross operating margin -€5,182
Staff costs -€181
Depreciation +€4,634
Other operating charges +€393
Other operating items -€2,000
Financial income -€1,081
Financial charges -€1,610
Taxes +€24,228
Result 2025 €75,478

Cash bridge derived

cash 2024 to 2025

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 +€185,003
Investment -€1,024
Financing -€94,548
Cash 2024 €11,164
Net result for the year +€75,478
Depreciation +€473
Receivables within one year +€67,943
Deferred charges and accrued income +€71
Trade debts +€1,228
Tax, wage and social debts -€8,544
Other debts +€48,648
Accrued charges and deferred income -€294
Investment in fixed assets (net) -€1,024
Debts after one year -€31,801
Current portion of long-term debt -€2,116
Contributions, distributions and other -€60,632
Cash 2025 €100,595
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €516,316 €538,284 +€21,968 +4.3%
Fixed assets 21/28 €435,118 €435,670 +€551 +0.1%
Tangible fixed assets 22/27 €34,843 €35,395 +€551 +1.6%
Land and buildings 22 €34,482 €34,460 -€22 -0.1%
Plant, machinery and equipment 23 €362 €181 -€181 -50.0%
Furniture and vehicles 24 - €754 +€754
Financial fixed assets 28 €400,275 €400,275 = 0.0%
Current assets 29/58 €81,198 €102,615 +€21,417 +26.4%
Amounts receivable within one year 40/41 €67,943 - -€67,943
Trade receivables 40 €2,000 - -€2,000
Other amounts receivable 41 €65,943 - -€65,943
Cash at bank and in hand 54/58 €11,164 €100,595 +€89,431 +801.1%
Deferred charges and accrued income 490/1 €2,091 €2,020 -€71 -3.4%
Total equity and liabilities 10/49 €516,316 €538,284 +€21,968 +4.3%
Equity 10/15 €214,955 €229,802 +€14,846 +6.9%
Contributions 10/11 €18,600 €22,319 +€3,719 +20.0%
Reserves 13 €211,202 €207,482 -€3,719 -1.8%
Non-distributable reserves 130/1 €3,719 - -€3,719
Reserves not available under the articles 1311 €3,719 - -€3,719
Distributable reserves 133 €207,482 €207,482 = 0.0%
Profit (loss) carried forward 14 -€14,846 - +€14,846
Amounts payable 17/49 €301,361 €308,483 +€7,122 +2.4%
Amounts payable after more than one year 17 €81,801 €50,000 -€31,801 -38.9%
Financial debts 170/4 €81,801 €50,000 -€31,801 -38.9%
Amounts payable within one year 42/48 €218,966 €258,183 +€39,217 +17.9%
Current portion of amounts payable after more than one year 42 €31,056 €28,941 -€2,116 -6.8%
Trade debts 44 €40 €1,268 +€1,228 +3078.8%
Suppliers 440/4 €40 €1,268 +€1,228 +3078.8%
Taxes, remuneration and social security 45 €25,595 €17,051 -€8,544 -33.4%
Taxes 450/3 €25,595 €17,051 -€8,544 -33.4%
Other amounts payable 47/48 €162,275 €210,923 +€48,648 +30.0%
Accrued charges and deferred income 492/3 €594 €300 -€294 -49.5%
Remuneration, social security and pensions 62 - €181 +€181
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,107 €473 -€4,634 -90.7%
Other operating charges 640/8 €1,749 €1,355 -€393 -22.5%
Non-recurring operating charges 66A - €2,000 +€2,000
Gross operating margin 9900 €86,904 €81,722 -€5,182 -6.0%
Operating profit (loss) 9901 €80,048 €77,713 -€2,335 -2.9%
Financial income 75/76B €1,081 - -€1,081
Recurring financial income 75 €1,081 - -€1,081
Financial charges 65/66B €148 €1,757 +€1,610 +1090.4%
Recurring financial charges 65 €148 €1,757 +€1,610 +1090.4%
Profit (loss) for the period before taxes 9903 €80,982 €75,956 -€5,026 -6.2%
Income taxes 67/77 €24,706 €478 -€24,228 -98.1%
Profit (loss) for the period 9904 €56,276 €75,478 +€19,202 +34.1%
Profit (loss) for the period to be appropriated 9905 €56,276 €75,478 +€19,202 +34.1%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.