RAMMELBEEK: 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.
RAMMELBEEK
Largest movements
- Cash -€41,337
down €41,337 (-25.2%), from €163,999 to €122,661
mainly Current portion of long-term debt (-€70,124) and Debts after one year (-€38,417)
- Deferred charges and accrued income -€35,029
down €35,029 (-11.9%), from €294,152 to €259,123
- Profit (loss) carried forward +€79,537
up €79,537 (+96.5%), from €82,384 to €161,921
- Current portion of long-term debt -€70,124
down €70,124 (-52.5%), from €133,512 to €63,389
- Debts after one year -€38,417
down €38,417 (-71.9%), from €53,433 to €15,017
- Short-term financial debts -€27,000
no longer reported in 2025 (was €27,000)
- Tax, wage and social debts -€10,503
down €10,503 (-9.8%), from €106,960 to €96,457
of which Taxes: -€10,223
- Gross operating margin +€275,570
up €275,570 (+42.7%), from €645,786 to €921,356
- Staff costs +€56,084
up €56,084 (+8.3%), from €678,518 to €734,603
- Taxes +€46,858
up €46,858 (+742%), from €6,317 to €53,175
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 | €480,866 | €410,062 | -€70,804 | -14.7% |
| Fixed assets | 21/28 | €21,077 | €24,878 | +€3,800 | +18.0% |
| Tangible fixed assets | 22/27 | €20,957 | €24,758 | +€3,800 | +18.1% |
| Plant, machinery and equipment | 23 | €864 | €134 | -€731 | -84.6% |
| Furniture and vehicles | 24 | €20,093 | €24,624 | +€4,531 | +22.6% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €459,789 | €385,184 | -€74,605 | -16.2% |
| Amounts receivable within one year | 40/41 | €1,639 | €3,400 | +€1,761 | +107% |
| Trade receivables | 40 | €1,321 | €1,936 | +€616 | +46.6% |
| Other amounts receivable | 41 | €318 | €1,464 | +€1,146 | +360% |
| Cash at bank and in hand | 54/58 | €163,999 | €122,661 | -€41,337 | -25.2% |
| Deferred charges and accrued income | 490/1 | €294,152 | €259,123 | -€35,029 | -11.9% |
| Total equity and liabilities | 10/49 | €480,866 | €410,062 | -€70,804 | -14.7% |
| Equity | 10/15 | €102,384 | €181,921 | +€79,537 | +77.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,384 | €161,921 | +€79,537 | +96.5% |
| Amounts payable | 17/49 | €378,482 | €228,141 | -€150,341 | -39.7% |
| Amounts payable after more than one year | 17 | €53,433 | €15,017 | -€38,417 | -71.9% |
| Financial debts | 170/4 | €53,433 | €15,017 | -€38,417 | -71.9% |
| Amounts payable within one year | 42/48 | €324,463 | €213,113 | -€111,350 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | €133,512 | €63,389 | -€70,124 | -52.5% |
| Financial debts | 43 | €27,000 | - | -€27,000 | |
| Credit institutions | 430/8 | €27,000 | - | -€27,000 | |
| Trade debts | 44 | €44,031 | €40,308 | -€3,723 | -8.5% |
| Suppliers | 440/4 | €44,031 | €40,308 | -€3,723 | -8.5% |
| Taxes, remuneration and social security | 45 | €106,960 | €96,457 | -€10,503 | -9.8% |
| Taxes | 450/3 | €14,268 | €4,045 | -€10,223 | -71.6% |
| Remuneration and social security | 454/9 | €92,691 | €92,411 | -€280 | -0.3% |
| Other amounts payable | 47/48 | €12,959 | €12,959 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €586 | €11 | -€575 | -98.1% |
| Non-recurring operating income | 76A | €1,000 | - | -€1,000 | |
| Remuneration, social security and pensions | 62 | €678,518 | €734,603 | +€56,084 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,282 | €8,929 | -€353 | -3.8% |
| Other operating charges | 640/8 | €1,895 | €2,162 | +€266 | +14.1% |
| Non-recurring operating charges | 66A | €2,481 | - | -€2,481 | |
| Gross operating margin | 9900 | €645,786 | €921,356 | +€275,570 | +42.7% |
| Operating profit (loss) | 9901 | -€46,390 | €175,662 | +€222,053 | |
| Financial income | 75/76B | €305 | €117 | -€189 | -61.8% |
| Recurring financial income | 75 | €305 | €117 | -€189 | -61.8% |
| Financial charges | 65/66B | €28,546 | €28,506 | -€41 | -0.1% |
| Recurring financial charges | 65 | €28,546 | €28,506 | -€41 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€74,632 | €147,273 | +€221,905 | |
| Income taxes | 67/77 | €6,317 | €53,175 | +€46,858 | +742% |
| Profit (loss) for the period | 9904 | -€80,949 | €94,099 | +€175,047 | |
| Profit (loss) for the period to be appropriated | 9905 | -€80,949 | €94,099 | +€175,047 |
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 27 October 2026 via checked.be.