VANRAMOS: what changed
Two fiscal 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.
VANRAMOS
Largest movements
- Receivables within one year -€42,191
down €42,191 (-29.5%), from €143,158 to €100,966
of which Other amounts receivable: -€43,827
- Cash -€6,126
down €6,126 (-14.2%), from €42,999 to €36,873
mainly Net result for the year (-€53,512) and Current portion of long-term debt (-€1,619)
- Tangible fixed assets -€3,050
down €3,050 (-91.2%), from €3,345 to €296
of which Furniture and vehicles: -€1,775
- Profit (loss) carried forward -€53,512
down €53,512 (-30.7%), from €174,162 to €120,650
- Tax, wage and social debts +€2,710
up €2,710 (+50.1%), from €5,414 to €8,124
of which Remuneration and social security: +€6,374
- Trade debts +€2,143
up €2,143 (+39.4%), from €5,442 to €7,585
- Staff costs +€65,255
up €65,255 (+64.9%), from €100,522 to €165,777
- Taxes +€7,665
up €7,665 (+449.2%), from €1,706 to €9,372
- Gross operating margin +€7,075
up €7,075 (+6.1%), from €116,453 to €123,528
- Financial charges -€6,990
down €6,990 (-97.2%), from €7,191 to €201
of which Non-recurring financial charges: -€6,783
- Depreciation -€1,516
down €1,516 (-47.3%), from €3,207 to €1,691
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €204,997 | €154,719 | -€50,278 | -24.5% |
| Fixed assets | 21/28 | €9,300 | €6,251 | -€3,050 | -32.8% |
| Tangible fixed assets | 22/27 | €3,345 | €296 | -€3,050 | -91.2% |
| Land and buildings | 22 | €1,275 | - | -€1,275 | |
| Furniture and vehicles | 24 | €2,070 | €296 | -€1,775 | -85.7% |
| Financial fixed assets | 28 | €5,955 | €5,955 | = | 0.0% |
| Current assets | 29/58 | €195,697 | €148,469 | -€47,228 | -24.1% |
| Stocks and contracts in progress | 3 | €9,540 | €10,630 | +€1,090 | +11.4% |
| Stocks | 30/36 | €9,540 | €10,630 | +€1,090 | +11.4% |
| Amounts receivable within one year | 40/41 | €143,158 | €100,966 | -€42,191 | -29.5% |
| Trade receivables | 40 | €44,151 | €45,787 | +€1,636 | +3.7% |
| Other amounts receivable | 41 | €99,006 | €55,179 | -€43,827 | -44.3% |
| Cash at bank and in hand | 54/58 | €42,999 | €36,873 | -€6,126 | -14.2% |
| Total equity and liabilities | 10/49 | €204,997 | €154,719 | -€50,278 | -24.5% |
| Equity | 10/15 | €188,522 | €135,010 | -€53,512 | -28.4% |
| Contributions | 10/11 | €12,500 | €14,360 | +€1,860 | +14.9% |
| Capital | 10 | €12,500 | - | -€12,500 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,100 | - | -€6,100 | |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €174,162 | €120,650 | -€53,512 | -30.7% |
| Amounts payable | 17/49 | €16,475 | €19,709 | +€3,234 | +19.6% |
| Amounts payable within one year | 42/48 | €16,475 | €19,709 | +€3,234 | +19.6% |
| Current portion of amounts payable after more than one year | 42 | €5,619 | €4,000 | -€1,619 | -28.8% |
| Trade debts | 44 | €5,442 | €7,585 | +€2,143 | +39.4% |
| Suppliers | 440/4 | €5,442 | €7,585 | +€2,143 | +39.4% |
| Taxes, remuneration and social security | 45 | €5,414 | €8,124 | +€2,710 | +50.1% |
| Taxes | 450/3 | €5,414 | €1,750 | -€3,664 | -67.7% |
| Remuneration and social security | 454/9 | - | €6,374 | +€6,374 | |
| Non-recurring operating income | 76A | - | €790 | +€790 | |
| Remuneration, social security and pensions | 62 | €100,522 | €165,777 | +€65,255 | +64.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,207 | €1,691 | -€1,516 | -47.3% |
| Gross operating margin | 9900 | €116,453 | €123,528 | +€7,075 | +6.1% |
| Operating profit (loss) | 9901 | €12,724 | -€43,940 | -€56,664 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €7,191 | €201 | -€6,990 | -97.2% |
| Recurring financial charges | 65 | €408 | €201 | -€207 | -50.7% |
| Non-recurring financial charges | 66B | €6,783 | - | -€6,783 | |
| Profit (loss) for the period before taxes | 9903 | €5,534 | -€44,140 | -€49,674 | |
| Income taxes | 67/77 | €1,706 | €9,372 | +€7,665 | +449.2% |
| Profit (loss) for the period | 9904 | €3,827 | -€53,512 | -€57,339 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,827 | -€53,512 | -€57,339 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.