RTS RAMMANT: 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.
RTS RAMMANT
Largest movements
- Receivables within one year -€58,514
down €58,514 (-45.9%), from €127,472 to €68,958
of which Trade receivables: -€72,363
- Tangible fixed assets -€22,537
down €22,537 (-58.3%), from €38,682 to €16,144
of which Plant, machinery and equipment: -€15,456
- Cash -€5,307
down €5,307 (-2.6%), from €206,767 to €201,460
mainly Tax, wage and social debts (-€48,695) and Debts after one year (-€40,000)
- Tax, wage and social debts -€48,695
down €48,695 (-87.2%), from €55,836 to €7,141
- Debts after one year -€40,000
no longer reported in 2025 (was €40,000)
- Gross operating margin -€244,008
down €244,008 (-89.4%), from €272,932 to €28,923
- Taxes -€100,917
down €100,917 (-97.5%), from €103,558 to €2,640
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.
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 | €372,950 | €286,592 | -€86,358 | -23.2% |
| Fixed assets | 21/28 | €38,682 | €16,144 | -€22,537 | -58.3% |
| Tangible fixed assets | 22/27 | €38,682 | €16,144 | -€22,537 | -58.3% |
| Plant, machinery and equipment | 23 | €19,723 | €4,267 | -€15,456 | -78.4% |
| Furniture and vehicles | 24 | €18,958 | €11,877 | -€7,081 | -37.4% |
| Current assets | 29/58 | €334,268 | €270,448 | -€63,821 | -19.1% |
| Amounts receivable within one year | 40/41 | €127,472 | €68,958 | -€58,514 | -45.9% |
| Trade receivables | 40 | €106,369 | €34,006 | -€72,363 | -68.0% |
| Other amounts receivable | 41 | €21,103 | €34,952 | +€13,849 | +65.6% |
| Cash at bank and in hand | 54/58 | €206,767 | €201,460 | -€5,307 | -2.6% |
| Deferred charges and accrued income | 490/1 | €30 | €30 | = | 0.0% |
| Total equity and liabilities | 10/49 | €372,950 | €286,592 | -€86,358 | -23.2% |
| Equity | 10/15 | €234,552 | €236,804 | +€2,253 | +1.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €143,000 | €143,000 | = | 0.0% |
| Distributable reserves | 133 | €143,000 | €143,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,552 | €73,804 | +€2,253 | +3.1% |
| Amounts payable | 17/49 | €138,398 | €49,787 | -€88,610 | -64.0% |
| Amounts payable after more than one year | 17 | €40,000 | - | -€40,000 | |
| Financial debts | 170/4 | €40,000 | - | -€40,000 | |
| Amounts payable within one year | 42/48 | €98,398 | €49,787 | -€48,610 | -49.4% |
| Trade debts | 44 | €42,562 | €41,752 | -€810 | -1.9% |
| Suppliers | 440/4 | €42,562 | €41,752 | -€810 | -1.9% |
| Taxes, remuneration and social security | 45 | €55,836 | €7,141 | -€48,695 | -87.2% |
| Taxes | 450/3 | €55,836 | €7,141 | -€48,695 | -87.2% |
| Other amounts payable | 47/48 | - | €894 | +€894 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,890 | €22,537 | -€353 | -1.5% |
| Other operating charges | 640/8 | - | €1,386 | +€1,386 | |
| Gross operating margin | 9900 | €272,932 | €28,923 | -€244,008 | -89.4% |
| Operating profit (loss) | 9901 | €250,042 | €5,001 | -€245,041 | -98.0% |
| Financial income | 75/76B | €496 | €43 | -€454 | -91.4% |
| Recurring financial income | 75 | €496 | €43 | -€454 | -91.4% |
| Financial charges | 65/66B | €1,241 | €150 | -€1,091 | -87.9% |
| Recurring financial charges | 65 | €1,241 | €150 | -€1,091 | -87.9% |
| Profit (loss) for the period before taxes | 9903 | €249,297 | €4,893 | -€244,404 | -98.0% |
| Income taxes | 67/77 | €103,558 | €2,640 | -€100,917 | -97.5% |
| Profit (loss) for the period | 9904 | €145,739 | €2,253 | -€143,487 | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €145,739 | €2,253 | -€143,487 | -98.5% |
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 18 October 2026 via checked.be.