RAMADA TOURS: 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.
RAMADA TOURS
Largest movements
- Receivables within one year +€262,041
up €262,041 (+47.6%), from €550,762 to €812,802
of which Trade receivables: +€275,514
- Deferred charges and accrued income -€62,259
down €62,259 (-50.9%), from €122,399 to €60,141
- Cash +€26,639
up €26,639 (+10.1%), from €263,552 to €290,190
mainly Trade debts (+€246,918) and Deferred charges and accrued income (+€62,259)
- Trade debts +€246,918
up €246,918 (+1,102%), from €22,404 to €269,322
- Short-term financial debts -€110,302
down €110,302 (-83.8%), from €131,701 to €21,400
- Debts after one year +€43,680
up €43,680 (+10.1%), from €433,030 to €476,710
- Purchases and services +€87,895
up €87,895 (+3.4%), from €2.6m to €2.6m
- Turnover +€45,945
up €45,945 (+1.7%), from €2.7m to €2.8m
- Gross operating margin -€33,826
down €33,826 (-16.2%), from €208,346 to €174,521
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 | €1,253,776 | €1,465,790 | +€212,014 | +16.9% |
| Fixed assets | 21/28 | €317,064 | €302,657 | -€14,407 | -4.5% |
| Tangible fixed assets | 22/27 | €304,131 | €289,725 | -€14,407 | -4.7% |
| Land and buildings | 22 | €301,650 | €288,739 | -€12,911 | -4.3% |
| Furniture and vehicles | 24 | €2,481 | €985 | -€1,496 | -60.3% |
| Financial fixed assets | 28 | €12,932 | €12,932 | = | 0.0% |
| Current assets | 29/58 | €936,713 | €1,163,133 | +€226,421 | +24.2% |
| Amounts receivable within one year | 40/41 | €550,762 | €812,802 | +€262,041 | +47.6% |
| Trade receivables | 40 | €399,199 | €674,713 | +€275,514 | +69.0% |
| Other amounts receivable | 41 | €151,563 | €138,089 | -€13,473 | -8.9% |
| Cash at bank and in hand | 54/58 | €263,552 | €290,190 | +€26,639 | +10.1% |
| Deferred charges and accrued income | 490/1 | €122,399 | €60,141 | -€62,259 | -50.9% |
| Total equity and liabilities | 10/49 | €1,253,776 | €1,465,790 | +€212,014 | +16.9% |
| Equity | 10/15 | €607,742 | €613,520 | +€5,778 | +1.0% |
| Contributions | 10/11 | €37,185 | €37,185 | = | 0.0% |
| Reserves | 13 | €499,100 | €499,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,100 | €1,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,100 | €1,100 | = | 0.0% |
| Distributable reserves | 133 | €498,000 | €498,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,457 | €77,235 | +€5,778 | +8.1% |
| Amounts payable | 17/49 | €646,034 | €852,270 | +€206,236 | +31.9% |
| Amounts payable after more than one year | 17 | €433,030 | €476,710 | +€43,680 | +10.1% |
| Financial debts | 170/4 | €433,030 | €476,710 | +€43,680 | +10.1% |
| Amounts payable within one year | 42/48 | €213,004 | €375,560 | +€162,557 | +76.3% |
| Current portion of amounts payable after more than one year | 42 | €53,132 | €67,427 | +€14,295 | +26.9% |
| Financial debts | 43 | €131,701 | €21,400 | -€110,302 | -83.8% |
| Credit institutions | 430/8 | €131,701 | €21,400 | -€110,302 | -83.8% |
| Trade debts | 44 | €22,404 | €269,322 | +€246,918 | +1,102% |
| Suppliers | 440/4 | €22,404 | €269,322 | +€246,918 | +1,102% |
| Taxes, remuneration and social security | 45 | €5,594 | €17,412 | +€11,817 | +211% |
| Taxes | 450/3 | €1,043 | €5,827 | +€4,784 | +459% |
| Remuneration and social security | 454/9 | €4,551 | €11,585 | +€7,033 | +155% |
| Other amounts payable | 47/48 | €173 | - | -€173 | |
| Turnover | 70 | €2,740,512 | €2,786,458 | +€45,945 | +1.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,553,976 | €2,641,871 | +€87,895 | +3.4% |
| Remuneration, social security and pensions | 62 | €78,243 | €74,667 | -€3,576 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,407 | €14,407 | = | 0.0% |
| Other operating charges | 640/8 | €7,772 | €661 | -€7,111 | -91.5% |
| Non-recurring operating charges | 66A | €311 | €2,391 | +€2,080 | +668% |
| Gross operating margin | 9900 | €208,346 | €174,521 | -€33,826 | -16.2% |
| Operating profit (loss) | 9901 | €107,613 | €82,395 | -€25,218 | -23.4% |
| Financial income | 75/76B | - | €168 | +€168 | |
| Recurring financial income | 75 | - | €168 | +€168 | |
| Financial charges | 65/66B | €56,744 | €56,794 | +€50 | +0.1% |
| Recurring financial charges | 65 | €56,744 | €56,794 | +€50 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €50,869 | €25,769 | -€25,100 | -49.3% |
| Income taxes | 67/77 | €23,554 | €20,000 | -€3,554 | -15.1% |
| Profit (loss) for the period | 9904 | €27,315 | €5,769 | -€21,546 | -78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,315 | €5,769 | -€21,546 | -78.9% |
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 15 October 2026 via checked.be.