RATOBLAST: 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.
RATOBLAST
Largest movements
- Cash +€23,654
up €23,654 (+403.1%), from €5,867 to €29,521
mainly Trade debts (+€20,259) and Net result for the year (+€9,908)
- Receivables within one year +€11,447
up €11,447 (+36.7%), from €31,184 to €42,631
of which Trade receivables: +€11,801
- Financial fixed assets -€1,782
down €1,782 (-87.7%), from €2,033 to €251
- Stocks and contracts +€1,425
up €1,425 (+54.3%), from €2,625 to €4,051
- Deferred charges and accrued income -€1,118
down €1,118 (-71.9%), from €1,556 to €438
- Trade debts +€20,259
up €20,259 (+341.4%), from €5,935 to €26,194
- Profit (loss) carried forward +€9,908
up €9,908 (+69.0%), from -€14,356 to -€4,448
- Tax, wage and social debts +€4,064
up €4,064 (+35.4%), from €11,492 to €15,556
of which Taxes: +€2,582
- Other debts -€1,301
down €1,301 (-11.6%), from €11,176 to €9,876
- Gross operating margin +€14,098
up €14,098 (+40.6%), from €34,697 to €48,795
- Staff costs +€6,040
up €6,040 (+24.8%), from €24,386 to €30,427
- Financial income -€2,668
down €2,668 (-70.7%), from €3,772 to €1,105
of which Non-recurring financial income: -€3,198
- Financial charges +€908
up €908 (+211.8%), from €429 to €1,336
- Write-downs +€640
new in 2025: €640
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 | €44,247 | €77,177 | +€32,930 | +74.4% |
| Fixed assets | 21/28 | €3,014 | €536 | -€2,478 | -82.2% |
| Tangible fixed assets | 22/27 | €981 | €285 | -€696 | -71.0% |
| Furniture and vehicles | 24 | €981 | €285 | -€696 | -71.0% |
| Financial fixed assets | 28 | €2,033 | €251 | -€1,782 | -87.7% |
| Current assets | 29/58 | €41,233 | €76,641 | +€35,408 | +85.9% |
| Stocks and contracts in progress | 3 | €2,625 | €4,051 | +€1,425 | +54.3% |
| Stocks | 30/36 | €2,625 | €4,051 | +€1,425 | +54.3% |
| Amounts receivable within one year | 40/41 | €31,184 | €42,631 | +€11,447 | +36.7% |
| Trade receivables | 40 | €28,901 | €40,703 | +€11,801 | +40.8% |
| Other amounts receivable | 41 | €2,283 | €1,929 | -€354 | -15.5% |
| Cash at bank and in hand | 54/58 | €5,867 | €29,521 | +€23,654 | +403.1% |
| Deferred charges and accrued income | 490/1 | €1,556 | €438 | -€1,118 | -71.9% |
| Total equity and liabilities | 10/49 | €44,247 | €77,177 | +€32,930 | +74.4% |
| Equity | 10/15 | €15,644 | €25,552 | +€9,908 | +63.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,356 | -€4,448 | +€9,908 | +69.0% |
| Amounts payable | 17/49 | €28,604 | €51,625 | +€23,022 | +80.5% |
| Amounts payable within one year | 42/48 | €28,604 | €51,625 | +€23,022 | +80.5% |
| Trade debts | 44 | €5,935 | €26,194 | +€20,259 | +341.4% |
| Suppliers | 440/4 | €5,935 | €26,194 | +€20,259 | +341.4% |
| Taxes, remuneration and social security | 45 | €11,492 | €15,556 | +€4,064 | +35.4% |
| Taxes | 450/3 | €4,775 | €7,357 | +€2,582 | +54.1% |
| Remuneration and social security | 454/9 | €6,718 | €8,199 | +€1,481 | +22.1% |
| Other amounts payable | 47/48 | €11,176 | €9,876 | -€1,301 | -11.6% |
| Non-recurring operating income | 76A | - | €5,404 | +€5,404 | |
| Remuneration, social security and pensions | 62 | €24,386 | €30,427 | +€6,040 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €696 | €696 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €640 | +€640 | |
| Other operating charges | 640/8 | €389 | €374 | -€15 | -3.8% |
| Non-recurring operating charges | 66A | €749 | €5,953 | +€5,204 | +694.4% |
| Gross operating margin | 9900 | €34,697 | €48,795 | +€14,098 | +40.6% |
| Operating profit (loss) | 9901 | €8,476 | €10,704 | +€2,228 | +26.3% |
| Financial income | 75/76B | €3,772 | €1,105 | -€2,668 | -70.7% |
| Recurring financial income | 75 | €574 | €1,105 | +€531 | +92.4% |
| Non-recurring financial income | 76B | €3,198 | - | -€3,198 | |
| Financial charges | 65/66B | €429 | €1,336 | +€908 | +211.8% |
| Recurring financial charges | 65 | €429 | €1,336 | +€908 | +211.8% |
| Profit (loss) for the period before taxes | 9903 | €11,820 | €10,473 | -€1,347 | -11.4% |
| Income taxes | 67/77 | - | €565 | +€565 | |
| Profit (loss) for the period | 9904 | €11,820 | €9,908 | -€1,912 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,820 | €9,908 | -€1,912 | -16.2% |
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 9 October 2026 via checked.be.