RatandMouse: 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.
RatandMouse
Largest movements
- Receivables within one year -€140,796
down €140,796 (-62.1%), from €226,735 to €85,939
of which Trade receivables: -€140,449
- Cash +€103,260
up €103,260 (+161.7%), from €63,846 to €167,106
mainly Receivables within one year (+€140,796) and Net result for the year (+€78,143)
- Tangible fixed assets +€73,894
up €73,894 (+732.9%), from €10,083 to €83,977
of which Furniture and vehicles: +€74,135
- Current investments -€50,524
down €50,524 (-12.6%), from €400,000 to €349,476
- Stocks and contracts -€15,187
down €15,187 (-8.5%), from €178,762 to €163,575
- Trade debts -€121,874
down €121,874 (-96.7%), from €125,974 to €4,100
- Reserves +€75,431
up €75,431 (+11.6%), from €652,332 to €727,763
of which Distributable reserves: +€75,431
- Tax, wage and social debts +€17,473
up €17,473 (+361.8%), from €4,830 to €22,303
- Gross operating margin +€11,163
up €11,163 (+12.1%), from €91,881 to €103,044
- Depreciation +€5,873
up €5,873 (+43.7%), from €13,436 to €19,310
- Taxes +€2,235
up €2,235 (+11.6%), from €19,281 to €21,517
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 | €880,566 | €854,308 | -€26,258 | -3.0% |
| Fixed assets | 21/28 | €10,083 | €83,977 | +€73,894 | +732.9% |
| Tangible fixed assets | 22/27 | €10,083 | €83,977 | +€73,894 | +732.9% |
| Land and buildings | 22 | €6,774 | €6,774 | = | 0.0% |
| Furniture and vehicles | 24 | €1,789 | €75,924 | +€74,135 | +4143.7% |
| Other tangible fixed assets | 26 | €1,520 | €1,279 | -€240 | -15.8% |
| Current assets | 29/58 | €870,484 | €770,331 | -€100,152 | -11.5% |
| Stocks and contracts in progress | 3 | €178,762 | €163,575 | -€15,187 | -8.5% |
| Stocks | 30/36 | €178,762 | €163,575 | -€15,187 | -8.5% |
| Amounts receivable within one year | 40/41 | €226,735 | €85,939 | -€140,796 | -62.1% |
| Trade receivables | 40 | €156,957 | €16,508 | -€140,449 | -89.5% |
| Other amounts receivable | 41 | €69,778 | €69,431 | -€347 | -0.5% |
| Current investments | 50/53 | €400,000 | €349,476 | -€50,524 | -12.6% |
| Cash at bank and in hand | 54/58 | €63,846 | €167,106 | +€103,260 | +161.7% |
| Deferred charges and accrued income | 490/1 | €1,141 | €4,236 | +€3,095 | +271.3% |
| Total equity and liabilities | 10/49 | €880,566 | €854,308 | -€26,258 | -3.0% |
| Equity | 10/15 | €749,763 | €827,905 | +€78,143 | +10.4% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €652,332 | €727,763 | +€75,431 | +11.6% |
| Tax-exempt reserves | 132 | €13,973 | €13,973 | = | 0.0% |
| Distributable reserves | 133 | €638,359 | €713,790 | +€75,431 | +11.8% |
| Profit (loss) carried forward | 14 | €75,431 | €78,143 | +€2,712 | +3.6% |
| Amounts payable | 17/49 | €130,803 | €26,403 | -€104,401 | -79.8% |
| Amounts payable within one year | 42/48 | €130,803 | €26,403 | -€104,401 | -79.8% |
| Trade debts | 44 | €125,974 | €4,100 | -€121,874 | -96.7% |
| Suppliers | 440/4 | €125,974 | €4,100 | -€121,874 | -96.7% |
| Taxes, remuneration and social security | 45 | €4,830 | €22,303 | +€17,473 | +361.8% |
| Taxes | 450/3 | €4,830 | €22,303 | +€17,473 | +361.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,436 | €19,310 | +€5,873 | +43.7% |
| Other operating charges | 640/8 | €730 | €850 | +€120 | +16.4% |
| Gross operating margin | 9900 | €91,881 | €103,044 | +€11,163 | +12.1% |
| Operating profit (loss) | 9901 | €77,714 | €82,884 | +€5,170 | +6.7% |
| Financial income | 75/76B | €17,126 | €17,425 | +€300 | +1.7% |
| Recurring financial income | 75 | €17,126 | €17,425 | +€300 | +1.7% |
| Financial charges | 65/66B | €127 | €650 | +€523 | +410.5% |
| Recurring financial charges | 65 | €127 | €650 | +€523 | +410.5% |
| Profit (loss) for the period before taxes | 9903 | €94,712 | €99,659 | +€4,947 | +5.2% |
| Income taxes | 67/77 | €19,281 | €21,517 | +€2,235 | +11.6% |
| Profit (loss) for the period | 9904 | €75,431 | €78,143 | +€2,712 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €75,431 | €78,143 | +€2,712 | +3.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.