RMANO: 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.
RMANO
Largest movements
- Cash +€70,088
up €70,088 (+52.9%), from €132,373 to €202,461
mainly Net result for the year (+€67,509) and Other debts (+€11,164)
- Receivables within one year +€21,910
up €21,910 (+185.4%), from €11,819 to €33,728
of which Trade receivables: +€19,873
- Tangible fixed assets -€10,588
down €10,588 (-31.2%), from €33,939 to €23,351
- Reserves +€67,509
up €67,509 (+60.0%), from €112,464 to €179,974
- Other debts +€11,164
up €11,164 (+69.2%), from €16,144 to €27,309
- Tax, wage and social debts +€4,414
up €4,414 (+10.7%), from €41,154 to €45,569
of which Taxes: +€4,351
- Gross operating margin +€5,219
up €5,219 (+5.6%), from €92,485 to €97,704
- Financial charges -€2,156
down €2,156 (-55.3%), from €3,903 to €1,746
- Taxes +€1,475
up €1,475 (+9.4%), from €15,745 to €17,221
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 | €178,506 | €259,948 | +€81,442 | +45.6% |
| Fixed assets | 21/28 | €33,939 | €23,351 | -€10,588 | -31.2% |
| Tangible fixed assets | 22/27 | €33,939 | €23,351 | -€10,588 | -31.2% |
| Furniture and vehicles | 24 | €33,939 | €23,351 | -€10,588 | -31.2% |
| Current assets | 29/58 | €144,567 | €236,596 | +€92,030 | +63.7% |
| Amounts receivable within one year | 40/41 | €11,819 | €33,728 | +€21,910 | +185.4% |
| Trade receivables | 40 | €11,819 | €31,691 | +€19,873 | +168.1% |
| Other amounts receivable | 41 | - | €2,037 | +€2,037 | |
| Cash at bank and in hand | 54/58 | €132,373 | €202,461 | +€70,088 | +52.9% |
| Deferred charges and accrued income | 490/1 | €375 | €407 | +€32 | +8.5% |
| Total equity and liabilities | 10/49 | €178,506 | €259,948 | +€81,442 | +45.6% |
| Equity | 10/15 | €117,464 | €184,974 | +€67,509 | +57.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €112,464 | €179,974 | +€67,509 | +60.0% |
| Distributable reserves | 133 | €112,464 | €179,974 | +€67,509 | +60.0% |
| Amounts payable | 17/49 | €61,042 | €74,974 | +€13,932 | +22.8% |
| Amounts payable within one year | 42/48 | €57,314 | €73,436 | +€16,122 | +28.1% |
| Trade debts | 44 | €15 | €559 | +€544 | +3623.9% |
| Suppliers | 440/4 | €15 | €559 | +€544 | +3623.9% |
| Taxes, remuneration and social security | 45 | €41,154 | €45,569 | +€4,414 | +10.7% |
| Taxes | 450/3 | €35,892 | €40,243 | +€4,351 | +12.1% |
| Remuneration and social security | 454/9 | €5,262 | €5,326 | +€63 | +1.2% |
| Other amounts payable | 47/48 | €16,144 | €27,309 | +€11,164 | +69.2% |
| Accrued charges and deferred income | 492/3 | €3,728 | €1,538 | -€2,190 | -58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,588 | €10,588 | = | 0.0% |
| Other operating charges | 640/8 | €226 | €641 | +€415 | +183.4% |
| Gross operating margin | 9900 | €92,485 | €97,704 | +€5,219 | +5.6% |
| Operating profit (loss) | 9901 | €81,671 | €86,476 | +€4,805 | +5.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1100.0% |
| Financial charges | 65/66B | €3,903 | €1,746 | -€2,156 | -55.3% |
| Recurring financial charges | 65 | €3,903 | €1,746 | -€2,156 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | €77,769 | €84,730 | +€6,961 | +9.0% |
| Income taxes | 67/77 | €15,745 | €17,221 | +€1,475 | +9.4% |
| Profit (loss) for the period | 9904 | €62,023 | €67,509 | +€5,486 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,023 | €67,509 | +€5,486 | +8.8% |
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.