Ritam: 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.
Ritam
Largest movements
- Cash -€15,404
down €15,404 (-13.3%), from €116,171 to €100,767
mainly Net result for the year (-€17,833) and Tax, wage and social debts (-€2,898)
- Tangible fixed assets -€4,823
down €4,823 (-26.1%), from €18,486 to €13,663
of which Furniture and vehicles: -€6,339
- Profit (loss) carried forward -€17,833
new in 2025: -€17,833
- Tax, wage and social debts -€2,898
down €2,898 (-83.6%), from €3,469 to €570
- Gross operating margin -€50,559
down €50,559, from €40,687 to -€9,872
- Taxes -€9,193
down €9,193 (-98.2%), from €9,358 to €165
- Depreciation +€3,742
up €3,742 (+124%), from €3,023 to €6,766
- Other operating charges -€1,858
down €1,858 (-65.7%), from €2,828 to €970
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 | €141,773 | €120,182 | -€21,591 | -15.2% |
| Fixed assets | 21/28 | €18,532 | €13,663 | -€4,870 | -26.3% |
| Intangible fixed assets | 21 | €47 | - | -€47 | |
| Tangible fixed assets | 22/27 | €18,486 | €13,663 | -€4,823 | -26.1% |
| Plant, machinery and equipment | 23 | €74 | €1,589 | +€1,516 | +2,052% |
| Furniture and vehicles | 24 | €18,412 | €12,073 | -€6,339 | -34.4% |
| Current assets | 29/58 | €123,240 | €106,519 | -€16,721 | -13.6% |
| Amounts receivable within one year | 40/41 | €6,813 | €5,477 | -€1,336 | -19.6% |
| Trade receivables | 40 | €6,171 | - | -€6,171 | |
| Other amounts receivable | 41 | €642 | €5,477 | +€4,835 | +753% |
| Cash at bank and in hand | 54/58 | €116,171 | €100,767 | -€15,404 | -13.3% |
| Deferred charges and accrued income | 490/1 | €256 | €275 | +€19 | +7.3% |
| Total equity and liabilities | 10/49 | €141,773 | €120,182 | -€21,591 | -15.2% |
| Equity | 10/15 | €127,880 | €110,047 | -€17,833 | -13.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €109,280 | €109,280 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €107,420 | €109,280 | +€1,860 | +1.7% |
| Profit (loss) carried forward | 14 | - | -€17,833 | -€17,833 | |
| Amounts payable | 17/49 | €13,892 | €10,135 | -€3,757 | -27.0% |
| Amounts payable within one year | 42/48 | €13,892 | €10,135 | -€3,757 | -27.0% |
| Trade debts | 44 | €1,748 | €1,924 | +€176 | +10.1% |
| Suppliers | 440/4 | €1,748 | €1,924 | +€176 | +10.1% |
| Taxes, remuneration and social security | 45 | €3,469 | €570 | -€2,898 | -83.6% |
| Taxes | 450/3 | €3,469 | €570 | -€2,898 | -83.6% |
| Other amounts payable | 47/48 | €8,676 | €7,641 | -€1,035 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,023 | €6,766 | +€3,742 | +124% |
| Other operating charges | 640/8 | €2,828 | €970 | -€1,858 | -65.7% |
| Gross operating margin | 9900 | €40,687 | -€9,872 | -€50,559 | |
| Operating profit (loss) | 9901 | €34,835 | -€17,608 | -€52,443 | |
| Financial charges | 65/66B | €105 | €60 | -€44 | -42.4% |
| Recurring financial charges | 65 | €105 | €60 | -€44 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | €34,730 | -€17,668 | -€52,399 | |
| Income taxes | 67/77 | €9,358 | €165 | -€9,193 | -98.2% |
| Profit (loss) for the period | 9904 | €25,372 | -€17,833 | -€43,206 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,372 | -€17,833 | -€43,206 |
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.