Rataplan: 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.
Rataplan
Largest movements
- Cash +€163,496
up €163,496 (+65.4%), from €249,869 to €413,365
mainly Contributions, distributions and other (+€217,210) and Receivables within one year (+€25,136)
- Tangible fixed assets +€46,261
up €46,261 (+21.5%), from €214,875 to €261,135
of which Land and buildings: +€46,042
- Receivables within one year -€25,136
down €25,136 (-38.4%), from €65,485 to €40,349
of which Other amounts receivable: -€28,613
- Investment grants +€217,210
up €217,210 (+135.3%), from €160,597 to €377,807
- Accrued charges and deferred income -€21,648
down €21,648 (-47.7%), from €45,398 to €23,750
- Profit (loss) carried forward -€16,190
down €16,190 (-12.7%), from €127,664 to €111,474
- Trade debts +€11,119
up €11,119 (+41.5%), from €26,769 to €37,888
- Gross operating margin -€37,370
down €37,370 (-9.6%), from €388,744 to €351,374
- Staff costs +€22,130
up €22,130 (+6.6%), from €336,611 to €358,742
- Financial income -€4,494
down €4,494 (-83.9%), from €5,353 to €859
- Depreciation -€4,100
down €4,100 (-53.4%), from €7,672 to €3,572
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 | €534,317 | €722,106 | +€187,789 | +35.1% |
| Fixed assets | 21/28 | €217,595 | €263,855 | +€46,261 | +21.3% |
| Tangible fixed assets | 22/27 | €214,875 | €261,135 | +€46,261 | +21.5% |
| Land and buildings | 22 | €207,718 | €253,760 | +€46,042 | +22.2% |
| Plant, machinery and equipment | 23 | €2,632 | €2,516 | -€116 | -4.4% |
| Furniture and vehicles | 24 | €286 | €1,327 | +€1,041 | +364.4% |
| Other tangible fixed assets | 26 | €4,239 | €3,533 | -€707 | -16.7% |
| Financial fixed assets | 28 | €2,720 | €2,720 | = | 0.0% |
| Current assets | 29/58 | €316,722 | €458,251 | +€141,529 | +44.7% |
| Stocks and contracts in progress | 3 | €1,368 | €2,115 | +€746 | +54.6% |
| Stocks | 30/36 | €1,368 | €2,115 | +€746 | +54.6% |
| Amounts receivable within one year | 40/41 | €65,485 | €40,349 | -€25,136 | -38.4% |
| Trade receivables | 40 | €1,185 | €4,663 | +€3,477 | +293.3% |
| Other amounts receivable | 41 | €64,300 | €35,686 | -€28,613 | -44.5% |
| Cash at bank and in hand | 54/58 | €249,869 | €413,365 | +€163,496 | +65.4% |
| Deferred charges and accrued income | 490/1 | - | €2,423 | +€2,423 | |
| Total equity and liabilities | 10/49 | €534,317 | €722,106 | +€187,789 | +35.1% |
| Equity | 10/15 | €420,075 | €622,452 | +€202,376 | +48.2% |
| Reserves | 13 | €131,814 | €133,171 | +€1,356 | +1.0% |
| Profit (loss) carried forward | 14 | €127,664 | €111,474 | -€16,190 | -12.7% |
| Investment grants | 15 | €160,597 | €377,807 | +€217,210 | +135.3% |
| Amounts payable | 17/49 | €114,241 | €99,654 | -€14,587 | -12.8% |
| Amounts payable within one year | 42/48 | €68,843 | €75,904 | +€7,060 | +10.3% |
| Trade debts | 44 | €26,769 | €37,888 | +€11,119 | +41.5% |
| Suppliers | 440/4 | €26,769 | €37,888 | +€11,119 | +41.5% |
| Taxes, remuneration and social security | 45 | €42,041 | €38,015 | -€4,026 | -9.6% |
| Taxes | 450/3 | €5,727 | €1,564 | -€4,164 | -72.7% |
| Remuneration and social security | 454/9 | €36,314 | €36,452 | +€138 | +0.4% |
| Accrued charges and deferred income | 492/3 | €45,398 | €23,750 | -€21,648 | -47.7% |
| Remuneration, social security and pensions | 62 | €336,611 | €358,742 | +€22,130 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,672 | €3,572 | -€4,100 | -53.4% |
| Other operating charges | 640/8 | €4,075 | €3,383 | -€692 | -17.0% |
| Gross operating margin | 9900 | €388,744 | €351,374 | -€37,370 | -9.6% |
| Operating profit (loss) | 9901 | €40,386 | -€14,322 | -€54,708 | |
| Financial income | 75/76B | €5,353 | €859 | -€4,494 | -83.9% |
| Recurring financial income | 75 | €5,353 | €859 | -€4,494 | -83.9% |
| Financial charges | 65/66B | €535 | €1,370 | +€835 | +156.1% |
| Recurring financial charges | 65 | €535 | €1,370 | +€835 | +156.1% |
| Profit (loss) for the period before taxes | 9903 | €45,204 | -€14,834 | -€60,037 | |
| Profit (loss) for the period | 9904 | €45,204 | -€14,834 | -€60,037 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,204 | -€14,834 | -€60,037 |
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 11 October 2026 via checked.be.