RMA MANAGEMENT: 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.
RMA MANAGEMENT
Largest movements
- Tangible fixed assets -€42,784
down €42,784 (-3.8%), from €1.1m to €1.1m
- Cash +€21,160
up €21,160 (+121%), from €17,427 to €38,587
mainly Depreciation (+€42,784) and Receivables within one year (+€13,645)
- Receivables within one year -€13,645
down €13,645 (-73.4%), from €18,594 to €4,949
of which Trade receivables: -€14,052
- Debts after one year -€23,109
down €23,109 (-17.4%), from €132,894 to €109,785
- Gross operating margin -€6,773
down €6,773 (-10.4%), from €65,190 to €58,416
- Financial charges -€965
down €965 (-17.2%), from €5,594 to €4,629
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 | €1,164,043 | €1,128,774 | -€35,269 | -3.0% |
| Fixed assets | 21/28 | €1,128,022 | €1,085,238 | -€42,784 | -3.8% |
| Tangible fixed assets | 22/27 | €1,128,022 | €1,085,238 | -€42,784 | -3.8% |
| Land and buildings | 22 | €1,128,022 | €1,085,238 | -€42,784 | -3.8% |
| Current assets | 29/58 | €36,021 | €43,536 | +€7,515 | +20.9% |
| Amounts receivable within one year | 40/41 | €18,594 | €4,949 | -€13,645 | -73.4% |
| Trade receivables | 40 | €18,594 | €4,542 | -€14,052 | -75.6% |
| Other amounts receivable | 41 | - | €407 | +€407 | |
| Cash at bank and in hand | 54/58 | €17,427 | €38,587 | +€21,160 | +121% |
| Total equity and liabilities | 10/49 | €1,164,043 | €1,128,774 | -€35,269 | -3.0% |
| Equity | 10/15 | €216,342 | €218,669 | +€2,327 | +1.1% |
| Reserves | 13 | €350,451 | €350,451 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Legal reserve | 130 | €100 | €100 | = | 0.0% |
| Tax-exempt reserves | 132 | €351 | €351 | = | 0.0% |
| Distributable reserves | 133 | €350,000 | €350,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€134,109 | -€131,782 | +€2,327 | +1.7% |
| Amounts payable | 17/49 | €947,701 | €910,105 | -€37,597 | -4.0% |
| Amounts payable after more than one year | 17 | €132,894 | €109,785 | -€23,109 | -17.4% |
| Financial debts | 170/4 | €132,894 | €109,785 | -€23,109 | -17.4% |
| Amounts payable within one year | 42/48 | €814,808 | €800,320 | -€14,488 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €23,109 | €23,109 | = | 0.0% |
| Trade debts | 44 | €13,962 | €5,944 | -€8,018 | -57.4% |
| Suppliers | 440/4 | €13,962 | €5,944 | -€8,018 | -57.4% |
| Taxes, remuneration and social security | 45 | €12,855 | €3,000 | -€9,855 | -76.7% |
| Taxes | 450/3 | €855 | - | -€855 | |
| Remuneration and social security | 454/9 | €12,000 | €3,000 | -€9,000 | -75.0% |
| Other amounts payable | 47/48 | €764,881 | €768,267 | +€3,385 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,892 | €42,784 | -€108 | -0.3% |
| Other operating charges | 640/8 | €8,995 | €8,611 | -€384 | -4.3% |
| Gross operating margin | 9900 | €65,190 | €58,416 | -€6,773 | -10.4% |
| Operating profit (loss) | 9901 | €13,303 | €7,022 | -€6,281 | -47.2% |
| Financial income | 75/76B | €63 | €491 | +€429 | +683% |
| Recurring financial income | 75 | €63 | €491 | +€429 | +683% |
| Financial charges | 65/66B | €5,594 | €4,629 | -€965 | -17.2% |
| Recurring financial charges | 65 | €5,594 | €4,629 | -€965 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €7,772 | €2,884 | -€4,888 | -62.9% |
| Income taxes | 67/77 | €556 | €556 | = | 0.0% |
| Profit (loss) for the period | 9904 | €7,215 | €2,327 | -€4,888 | -67.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,215 | €2,327 | -€4,888 | -67.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.