RAMABEL
InactiveFinancials · financial year 2022, abbreviated format
2022 annual accounts filed 23 days after the deadline Filed on 23 August 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00355163.
Annual accounts 2022 filed on 23-08-2023 PDF all 28 filings
Turnover
≈ €300,000
Estimated: probably between €180,000 and €560,000
Total assets
€1.3m▲ 61.4%
2021 · €814,715
Net result
€93,285▼ 59.2%
2021 · €228,739
Working capital
€854,682▲ 12.3%
2021 · €761,396
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result for 2022 is 58% lower than in 2021.
Operating result€0.1m
2022
Net result€0.09m
2022
Total assets€1.3m
2022
Equity€0.9m
2022
Debt€0.5m
2022
Working capital€0.9m
2022
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result€0.09m-€0.2m▲ 73.8%€0.2m▲ 42.1%€0.3m▲ 38.4%€0.1m▼ 58.4%
Net result€0.09m-€0.2m▲ 69.0%€0.2m▲ 40.5%€0.2m▲ 4.5%€0.09m▼ 59.2%
Equity€0.2m-€0.3m▲ 98.6%€0.5m▲ 69.7%€0.8m▲ 42.9%€0.9m▲ 12.3%
Total assets€0.2m-€0.3m▲ 105%€0.6m▲ 82.2%€0.8m▲ 37.2%€1.3m▲ 61.4%
Debt€0.001m-€0.01m▲ 912%€0.06m▲ 406%€0.05m▼ 12.9%€0.5m▲ 763%
Working capital€0.2m-€0.3m▲ 105%€0.5m▲ 67.3%€0.8m▲ 40.0%€0.9m▲ 12.3%
Staff (FTE)0
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Large changes and their cause
- 2022 Net result -59% on 2021. Last accounts before the absorption by Windowmakers Productie (effective 31-07-2023).
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €1.3m
Equity
€854,682 ▲ 12.3%
Debt
€460,107 ▲ 763%
Debt's share of the balance-sheet total rises from 6.5% to 35.0%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.86▼
2021 · 15.28
Debt to equity
0.54▲
2021 · 0.07
ROE
10.9%▼
2021 · 30.0%
ROA
7.1%▼
2021 · 28.1%
Debt ≤ 1 year
€460,107▲
2021 · €53,319
Income taxes
€33,869▼
2021 · €77,475
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €7,078 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €12,805 | -€10,000 | - |
| Other operating charges640/8 | - | - | - | €949 | €950 | ▲ 0.1% |
| Gross operating margin9900 | €90,086 | €156,266 | €221,931 | €320,207 | €118,512 | ▼ 63.0% |
| Operating profit (loss)9901 | €89,643 | €155,821 | €221,484 | €306,453 | €127,563 | ▼ 58.4% |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | €2,769 | - | €1 | - | €0 | - |
| Non-recurring financial income76B | - | - | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €240 | €409 | ▲ 70.4% |
| Recurring financial charges65 | €221 | €40 | €226 | €240 | €409 | ▲ 70.4% |
| Profit (loss) for the period before taxes9903 | €92,191 | €155,780 | €221,258 | €306,214 | €127,154 | ▼ 58.5% |
| Income taxes67/77 | - | - | €2,414 | €77,475 | €33,869 | ▼ 56.3% |
| Profit (loss) for the period9904 | €92,191 | €155,780 | €218,845 | €228,739 | €93,285 | ▼ 59.2% |
| Profit (loss) for the period to be appropriated9905 | €92,191 | €155,780 | €218,845 | €228,739 | €93,285 | ▼ 59.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.2m | €0.3m | €0.6m | €0.8m | €1.3m | ▲ 61.4% |
| Current assets29/58 | €0.2m | €0.3m | €0.6m | €0.8m | €1.3m | ▲ 61.4% |
| Stocks and contracts in progress3 | €0.008m | €0.009m | €0.008m | - | - | - |
| Amounts receivable within one year40/41 | €0.1m | €0.3m | €0.6m | €0.8m | €1.3m | ▲ 59.0% |
| Trade receivables40 | - | - | - | €0.3m | €0.6m | ▲ 121% |
| Other amounts receivable41 | - | - | - | €0.5m | €0.7m | ▲ 26.0% |
| Cash at bank and in hand54/58 | €0.003m | €0.002m | €293 | €0.001m | €0.02m | ▲ 29× |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.2m | €0.3m | €0.6m | €0.8m | €1.3m | ▲ 61.4% |
| Equity10/15 | €0.2m | €0.3m | €0.5m | €0.8m | €0.9m | ▲ 12.3% |
| Contributions10/11 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Capital10 | - | - | - | €0.5m | €0.5m | = |
| Issued capital100 | - | - | - | €0.5m | €0.5m | = |
| Reserves13 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Non-distributable reserves130/1 | - | - | - | €202 | €202 | = |
| Legal reserve130 | - | - | - | €202 | €202 | = |
| Tax-exempt reserves132 | - | - | - | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €0.003m | €0.003m | = |
| Profit (loss) carried forward14 | -€0.4m | -€0.2m | -€0.03m | €0.2m | €0.3m | ▲ 46.2% |
| Amounts payable17/49 | €0.001m | €0.01m | €0.06m | €0.05m | €0.5m | ▲ 763% |
| Amounts payable within one year42/48 | €0.001m | €0.001m | €0.05m | €0.05m | €0.5m | ▲ 763% |
| Trade debts44 | €0.001m | €0.001m | €0.05m | €0.04m | €0.4m | ▲ 977% |
| Suppliers440/4 | - | - | - | €0.04m | €0.4m | ▲ 977% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.05m | ▲ 211% |
| Taxes450/3 | - | - | - | €0.01m | €0.05m | ▲ 211% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €92,191 | €155,780 | €218,845 | €228,739 | €93,285 | ▼ 59.2% |
| Operating cash flow (approximation) | €92,191 | €155,780 | €218,845 | €228,739 | €93,285 | ▼ 59.2% |
| Change in cash | - | -€1,829 | -€1,339 | €404 | €19,768 | ▲ 49× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 28 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | abbreviated format | 23-08-2023 | 2023-00355163 | |
| 31-12-2021 | abbreviated format | 17-08-2022 | 2022-20298916 | |
| 31-12-2020 | abbreviated format | 23-08-2021 | 2021-52000226 | |
| 31-12-2019 | abbreviated format | 20-08-2020 | 2020-43400447 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-59400481 | |
| 31-12-2017 | abbreviated format | 31-07-2018 | 2018-42300553 | |
| 31-12-2016 | abbreviated format | 28-07-2017 | 2017-39000492 | |
| 31-12-2015 | abbreviated format | 01-08-2016 | 2016-39400065 | |
| 31-12-2014 | abbreviated format | 25-08-2015 | 2015-48000338 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-50100154 |