RAMA
ActiveSummary
RAMA has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €579k and a net result of €97k. Equity is growing by ~5.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-5
Solvency80▼-20
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.59 in 2024; short-term debt: 17.7% and cash: 0.8% of total assets), and 44.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.1%
Return on assets
9.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-04-2026, 102 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
102 d early
2024
69 d early
2023
120 d early
2022
125 d early
2021
122 d early
2020
18 d late
2019
44 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€579k▲ 2.1%
2024 · €567k
2018: €362k
2019: €435k
2020: €508k
2021: €584k
2022: €634k
2023: €556k
2024: €567k
2018 → 2025
Total assets
€1.05M▲ 38.6%
2024 · €759k
2018: €760k
2019: €767k
2020: €773k
2021: €804k
2022: €845k
2023: €868k
2024: €759k
2018 → 2025
Net result
€97k▲ 1.0%
2024 · €96k
2018: €173k
2019: €80k
2020: €81k
2021: €83k
2022: €90k
2023: €99k
2024: €96k
2018 → 2025
Working capital
€107k▲ 13.0%
2024 · €95k
2018: €-121k
2019: €-49k
2020: €38k
2021: €108k
2022: €169k
2023: €58k
2024: €95k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€584k-€634k▲ 8.7%€556k▼ 12.3%€567k▲ 2.0%€579k▲ 2.1%
Operating result€122k-€138k▲ 13.0%€138k▲ 0.1%€131k▼ 4.9%€140k▲ 6.4%
Net result€83k-€90k▲ 8.9%€99k▲ 9.3%€96k▼ 3.1%€97k▲ 1.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.05M
Fixed assets
€759k ▲ 50.8%
Current assets
€293k ▲ 14.6%
Equity and liabilities €1.05M
Equity
€579k ▲ 2.1%
Provisions
€23k ▼ 7.6%
Debt
€450k ▲ 170%
Debt's share of the balance-sheet total rises from 22.0% to 42.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€184k▲
2024 · €160k
Cash flow
€141k▲
2024 · €125k
Current ratio
1.58▼
2024 · 1.59
Debt to equity
0.78▲
2024 · 0.29
ROE
16.7%▼
2024 · 16.9%
ROA
9.2%▼
2024 · 12.6%
Interest coverage
16.02▼
2024 · 28.50
Debt ≤ 1 year
€186k▲
2024 · €161k
Debt > 1 year
€258k
Income taxes
€45k▲
2024 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€759k€1.05M▲
Fixed assets21/28€503k€759k▲
Tangible fixed assets22/27€503k€759k▲
Land and buildings22€496k€754k▲
Plant, machinery and equipment23€7k€5k▼
Current assets29/58€256k€293k▲
Amounts receivable after more than one year29€24k€0▼
Other amounts receivable291€24k€0▼
Amounts receivable within one year40/41€159k€215k▲
Other amounts receivable41€159k€215k▲
Current investments50/53€54k€54k▲
Cash at bank and in hand54/58€4k€8k▲
Deferred charges and accrued income490/1€15k€16k▲
Equity and liabilities
Total equity and liabilities10/49€759k€1.05M▲
Equity10/15€567k€579k▲
Contributions10/11€19k€19k=
Reserves13€520k€561k▲
Tax-exempt reserves132€48k€45k▼
Distributable reserves133€472k€516k▲
Profit (loss) carried forward14€29k€0▼
Provisions and deferred taxes16€25k€23k▼
Deferred taxes168€25k€23k▼
Amounts payable17/49€167k€450k▲
Amounts payable after more than one year17-€258k
Financial debts170/4-€258k
Amounts payable within one year42/48€161k€186k▲
Current portion of amounts payable after more than one year42€0€27k▲
Financial debts43€10k€9k▼
Other loans439€10k€9k▼
Trade debts44€5k€952▼
Suppliers440/4€5k€952▼
Taxes, remuneration and social security45€4k€10k▲
Taxes450/3€4k€10k▲
Other amounts payable47/48€142k€139k▼
Accrued charges and deferred income492/3€6k€5k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€45k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€165k€189k▲
Operating profit (loss)9901€131k€140k▲
Financial income75/76B€12k€12k▼
Recurring financial income75€12k€12k▼
Financial charges65/66B€6k€11k▲
Recurring financial charges65€6k€11k▲
Profit (loss) for the period before taxes9903€138k€140k▲
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€44k€45k▲
Profit (loss) for the period9904€96k€97k▲
Transfer from tax-exempt reserves789€4k€4k=
Profit (loss) for the period to be appropriated9905€99k€100k▲
Appropriation of the result
Profit (loss) to be appropriated9906€128k€129k▲
Profit (loss) brought forward from the previous period14P€29k€29k=
Transfer from equity791/2€76k€77k▲
Transfer to equity691/2€91k€121k▲
To other reserves6921€91k€121k▲
Profit to be distributed694/7€84k€85k▲
Return on contributions (dividend)694€76k€77k▲
Directors or managers695€8k€8k=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial
Equity above €500kEq €508k ▲16.8%
3 profitable years in a row build equity to €508k.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €80k ▼53.6%
Net result drops to €80k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Papegaaistraat 599000 GentGround area
363 m²
Building footprint
114 m²
Volume, LiDAR
688 m³
Parcel 44815F2163/00S000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RAMA NV
since 19892.042.302.633
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F2163/00S000 | Flanders | 363 m² | 1 · 114 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-1988
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.