IVOZ RAMET DISTRIBUTION: what changed
What changed
IVOZ RAMET DISTRIBUTION
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
filed annual accounts (NBB)
Net result for the year
-€387,562
2024 · -€73,929-€313,633
Equity
-€190,448
2024 · €197,113-€387,561
Cash
€62,645
2024 · €100,473-€37,828
Balance sheet total
€3.2m
2024 · €3.7m-€471,162
Largest movements
Assets
- Formation expenses -€213,057
down €213,057 (-67.5%), from €315,447 to €102,390
- Receivables within one year -€90,532
down €90,532 (-55.8%), from €162,107 to €71,575
of which Trade receivables: -€70,312
- Deferred charges and accrued income -€63,035
down €63,035 (-96.5%), from €65,350 to €2,315
- Tangible fixed assets -€40,819
down €40,819 (-1.5%), from €2.7m to €2.6m
of which Plant, machinery and equipment: -€146,573
- Cash -€37,828
down €37,828 (-37.6%), from €100,473 to €62,645
mainly Net result for the year (-€387,562) and Debts after one year (-€285,290)
Equity and liabilities
- Debts after one year -€285,290
down €285,290 (-10.7%), from €2.7m to €2.4m
- Profit (loss) carried forward -€272,948
new in 2025: -€272,948
- Trade debts +€202,375
up €202,375 (+57.7%), from €350,446 to €552,821
- Reserves -€114,613
down €114,613 (-93.9%), from €122,113 to €7,500
of which Distributable reserves: -€114,613
- Current portion of long-term debt +€102,097
up €102,097 (+70.5%), from €144,870 to €246,967
Income statement
- Turnover -€6.1m
no longer reported in 2025 (was €6.1m)
- Purchases and services -€5.3m
no longer reported in 2025 (was €5.3m)
- Staff costs -€119,884
down €119,884 (-20.6%), from €583,274 to €463,390
- Financial charges +€86,763
up €86,763 (+127%), from €68,528 to €155,291
- Depreciation +€69,690
up €69,690 (+36.8%), from €189,149 to €258,839
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€73,929
Gross operating margin
+€65,319
Staff costs
+€119,884
Depreciation
-€69,690
Other operating charges
-€28,589
Other operating items
-€307,136
Financial income
-€6,671
Financial charges
-€86,763
Taxes
+€13
Result 2025
-€387,562
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€127,052
Investment
+€18,313
Financing
-€183,193
Cash 2024
€100,473
From operations (derived)
+€127,052
Net result for the year
-€387,562
Depreciation
+€258,839
Stocks and contracts
+€2,616
Receivables within one year
+€90,532
Deferred charges and accrued income
+€63,035
Trade debts
+€202,375
Tax, wage and social debts
-€11,702
Other debts
+€3,113
Accrued charges and deferred income
-€94,194
Investment (derived)
+€18,313
Investment in fixed assets (net)
+€18,313
Financing
-€183,193
Debts after one year
-€285,290
Current portion of long-term debt
+€102,097
Contributions, distributions and other
+€0
Cash 2025
€62,645
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,701,086 | €3,229,924 | -€471,162 | -12.7% |
| Formation expenses | 20 | €315,447 | €102,390 | -€213,057 | -67.5% |
| Fixed assets | 21/28 | €2,693,359 | €2,629,264 | -€64,095 | -2.4% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €2,666,693 | €2,625,874 | -€40,819 | -1.5% |
| Land and buildings | 22 | €1,585,114 | €1,701,160 | +€116,046 | +7.3% |
| Plant, machinery and equipment | 23 | €1,036,826 | €890,253 | -€146,573 | -14.1% |
| Furniture and vehicles | 24 | €44,753 | €34,461 | -€10,292 | -23.0% |
| Financial fixed assets | 28 | €26,666 | €3,390 | -€23,276 | -87.3% |
| Current assets | 29/58 | €692,280 | €498,270 | -€194,010 | -28.0% |
| Stocks and contracts in progress | 3 | €364,350 | €361,734 | -€2,616 | -0.7% |
| Stocks | 30/36 | €364,350 | €361,734 | -€2,616 | -0.7% |
| Amounts receivable within one year | 40/41 | €162,107 | €71,575 | -€90,532 | -55.8% |
| Trade receivables | 40 | €141,673 | €71,361 | -€70,312 | -49.6% |
| Other amounts receivable | 41 | €20,434 | €215 | -€20,219 | -98.9% |
| Cash at bank and in hand | 54/58 | €100,473 | €62,645 | -€37,828 | -37.6% |
| Deferred charges and accrued income | 490/1 | €65,350 | €2,315 | -€63,035 | -96.5% |
| Total equity and liabilities | 10/49 | €3,701,086 | €3,229,924 | -€471,162 | -12.7% |
| Equity | 10/15 | €197,113 | -€190,448 | -€387,561 | |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €0 | = | |
| Share premium | 1100/10 | - | €0 | = | |
| Reserves | 13 | €122,113 | €7,500 | -€114,613 | -93.9% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €114,613 | €0 | -€114,613 | -100% |
| Profit (loss) carried forward | 14 | - | -€272,948 | -€272,948 | |
| Amounts payable | 17/49 | €3,503,973 | €3,420,373 | -€83,600 | -2.4% |
| Amounts payable after more than one year | 17 | €2,668,476 | €2,383,186 | -€285,290 | -10.7% |
| Financial debts | 170/4 | €2,668,476 | €2,383,186 | -€285,290 | -10.7% |
| Amounts payable within one year | 42/48 | €723,921 | €1,019,804 | +€295,883 | +40.9% |
| Current portion of amounts payable after more than one year | 42 | €144,870 | €246,967 | +€102,097 | +70.5% |
| Trade debts | 44 | €350,446 | €552,821 | +€202,375 | +57.7% |
| Suppliers | 440/4 | €350,446 | €552,821 | +€202,375 | +57.7% |
| Taxes, remuneration and social security | 45 | €228,605 | €216,903 | -€11,702 | -5.1% |
| Taxes | 450/3 | €12,533 | €99,317 | +€86,784 | +692% |
| Remuneration and social security | 454/9 | €216,072 | €117,586 | -€98,486 | -45.6% |
| Other amounts payable | 47/48 | - | €3,113 | +€3,113 | |
| Accrued charges and deferred income | 492/3 | €111,576 | €17,382 | -€94,194 | -84.4% |
| Turnover | 70 | €6,075,025 | - | -€6.1m | |
| Non-recurring operating income | 76A | - | €9,504 | +€9,504 | |
| Goods, raw materials, services and sundry goods | 60/61 | €5,309,120 | - | -€5.3m | |
| Remuneration, social security and pensions | 62 | €583,274 | €463,390 | -€119,884 | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189,149 | €258,839 | +€69,690 | +36.8% |
| Other operating charges | 640/8 | €4,898 | €33,487 | +€28,589 | +584% |
| Non-recurring operating charges | 66A | - | €307,136 | +€307,136 | |
| Gross operating margin | 9900 | €765,906 | €831,225 | +€65,319 | +8.5% |
| Operating profit (loss) | 9901 | -€11,415 | -€231,627 | -€220,212 | -1,929% |
| Financial income | 75/76B | €6,761 | €90 | -€6,671 | -98.7% |
| Recurring financial income | 75 | €6,761 | €90 | -€6,671 | -98.7% |
| Financial charges | 65/66B | €68,528 | €155,291 | +€86,763 | +127% |
| Recurring financial charges | 65 | €68,528 | €155,291 | +€86,763 | +127% |
| Profit (loss) for the period before taxes | 9903 | -€73,182 | -€386,828 | -€313,646 | -429% |
| Income taxes | 67/77 | €747 | €734 | -€13 | -1.8% |
| Profit (loss) for the period | 9904 | -€73,929 | -€387,562 | -€313,633 | -424% |
| Profit (loss) for the period to be appropriated | 9905 | -€73,929 | -€387,562 | -€313,633 | -424% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.