RITAMI: 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.
RITAMI
Largest movements
- Tangible fixed assets -€37,015
down €37,015 (-31.6%), from €117,006 to €79,991
of which Land and buildings: -€20,333
- Cash +€35,080
up €35,080 (+96.0%), from €36,536 to €71,616
mainly Depreciation (+€30,990) and Trade debts (+€13,310)
- Receivables within one year +€3,573
up €3,573 (+96.7%), from €3,693 to €7,266
of which Other amounts receivable: +€4,635
- Deferred charges and accrued income +€2,355
up €2,355 (+37.5%), from €6,285 to €8,640
- Debts after one year -€16,439
down €16,439 (-34.7%), from €47,429 to €30,990
- Trade debts +€13,310
up €13,310 (+131.2%), from €10,141 to €23,450
- Other debts -€11,697
down €11,697 (-50.4%), from €23,202 to €11,505
- Tax, wage and social debts +€11,578
up €11,578 (+41.7%), from €27,740 to €39,318
of which Remuneration and social security: +€11,368
- Reserves +€5,000
up €5,000 (+15.7%), from €31,775 to €36,775
of which Distributable reserves: +€5,000
- Gross operating margin -€24,740
down €24,740 (-8.5%), from €291,839 to €267,100
- Taxes +€3,540
up €3,540 (+30.4%), from €11,634 to €15,174
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 | €186,627 | €189,930 | +€3,302 | +1.8% |
| Fixed assets | 21/28 | €120,440 | €82,525 | -€37,915 | -31.5% |
| Intangible fixed assets | 21 | €3,208 | €2,308 | -€900 | -28.1% |
| Tangible fixed assets | 22/27 | €117,006 | €79,991 | -€37,015 | -31.6% |
| Land and buildings | 22 | €37,816 | €17,483 | -€20,333 | -53.8% |
| Plant, machinery and equipment | 23 | €14,502 | €15,321 | +€819 | +5.6% |
| Furniture and vehicles | 24 | €54,879 | €47,186 | -€7,692 | -14.0% |
| Assets under construction and advance payments | 27 | €9,809 | - | -€9,809 | |
| Financial fixed assets | 28 | €226 | €226 | = | 0.0% |
| Current assets | 29/58 | €66,188 | €107,405 | +€41,217 | +62.3% |
| Stocks and contracts in progress | 3 | €19,674 | €19,883 | +€210 | +1.1% |
| Stocks | 30/36 | €19,674 | €19,883 | +€210 | +1.1% |
| Amounts receivable within one year | 40/41 | €3,693 | €7,266 | +€3,573 | +96.7% |
| Trade receivables | 40 | €1,327 | €265 | -€1,062 | -80.0% |
| Other amounts receivable | 41 | €2,366 | €7,001 | +€4,635 | +195.9% |
| Cash at bank and in hand | 54/58 | €36,536 | €71,616 | +€35,080 | +96.0% |
| Deferred charges and accrued income | 490/1 | €6,285 | €8,640 | +€2,355 | +37.5% |
| Total equity and liabilities | 10/49 | €186,627 | €189,930 | +€3,302 | +1.8% |
| Equity | 10/15 | €55,335 | €60,978 | +€5,643 | +10.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €31,775 | €36,775 | +€5,000 | +15.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €29,916 | €34,916 | +€5,000 | +16.7% |
| Profit (loss) carried forward | 14 | €4,968 | €5,611 | +€643 | +12.9% |
| Amounts payable | 17/49 | €131,293 | €128,952 | -€2,341 | -1.8% |
| Amounts payable after more than one year | 17 | €47,429 | €30,990 | -€16,439 | -34.7% |
| Financial debts | 170/4 | €47,429 | €30,990 | -€16,439 | -34.7% |
| Amounts payable within one year | 42/48 | €82,252 | €97,361 | +€15,109 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | €21,169 | €23,088 | +€1,919 | +9.1% |
| Trade debts | 44 | €10,141 | €23,450 | +€13,310 | +131.2% |
| Suppliers | 440/4 | €10,141 | €23,450 | +€13,310 | +131.2% |
| Taxes, remuneration and social security | 45 | €27,740 | €39,318 | +€11,578 | +41.7% |
| Taxes | 450/3 | €7,791 | €8,001 | +€210 | +2.7% |
| Remuneration and social security | 454/9 | €19,949 | €31,316 | +€11,368 | +57.0% |
| Other amounts payable | 47/48 | €23,202 | €11,505 | -€11,697 | -50.4% |
| Accrued charges and deferred income | 492/3 | €1,612 | €601 | -€1,011 | -62.7% |
| Non-recurring operating income | 76A | - | €8,966 | +€8,966 | |
| Remuneration, social security and pensions | 62 | €209,981 | €212,076 | +€2,095 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,415 | €30,990 | -€424 | -1.4% |
| Other operating charges | 640/8 | €387 | €509 | +€121 | +31.3% |
| Gross operating margin | 9900 | €291,839 | €267,100 | -€24,740 | -8.5% |
| Operating profit (loss) | 9901 | €50,057 | €23,525 | -€26,532 | -53.0% |
| Financial income | 75/76B | €152 | €987 | +€835 | +550.6% |
| Recurring financial income | 75 | €152 | €987 | +€835 | +550.6% |
| Financial charges | 65/66B | €2,530 | €3,695 | +€1,165 | +46.1% |
| Recurring financial charges | 65 | €2,530 | €3,695 | +€1,165 | +46.1% |
| Profit (loss) for the period before taxes | 9903 | €47,679 | €20,817 | -€26,862 | -56.3% |
| Income taxes | 67/77 | €11,634 | €15,174 | +€3,540 | +30.4% |
| Profit (loss) for the period | 9904 | €36,045 | €5,643 | -€30,402 | -84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,045 | €5,643 | -€30,402 | -84.3% |
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 12 October 2026 via checked.be.