RAMADOR: 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.
RAMADOR
Largest movements
- Receivables within one year +€48,394
up €48,394 (+247.0%), from €19,596 to €67,990
of which Trade receivables: +€44,438
- Deferred charges and accrued income +€21,648
up €21,648 (+4163.1%), from €520 to €22,168
- Tangible fixed assets +€5,348
new in 2025: €5,348
of which Furniture and vehicles: +€3,740
- Cash +€1,120
up €1,120 (+14.4%), from €7,796 to €8,915
mainly Trade debts (+€48,744) and Net result for the year (+€20,827)
- Trade debts +€48,744
up €48,744 (+5692.8%), from €856 to €49,600
of which Bills of exchange payable: +€48,814
- Reserves +€20,000
up €20,000 (+117.6%), from €17,000 to €37,000
- Advances received +€11,361
new in 2025: €11,361
- Tax, wage and social debts -€3,106
down €3,106 (-95.7%), from €3,246 to €140
- Gross operating margin +€52,202
up €52,202, from -€30,145 to €22,057
- Depreciation -€981
down €981 (-89.2%), from €1,100 to €119
- Taxes +€910
up €910, from -€297 to €613
- Financial charges +€400
up €400 (+173.6%), from €231 to €631
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.
Cash bridge derived
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 | €30,089 | €106,599 | +€76,510 | +254.3% |
| Fixed assets | 21/28 | €2,178 | €7,526 | +€5,348 | +245.5% |
| Tangible fixed assets | 22/27 | - | €5,348 | +€5,348 | |
| Plant, machinery and equipment | 23 | - | €1,608 | +€1,608 | |
| Furniture and vehicles | 24 | - | €3,740 | +€3,740 | |
| Financial fixed assets | 28 | €2,178 | €2,178 | = | 0.0% |
| Current assets | 29/58 | €27,911 | €99,073 | +€71,162 | +255.0% |
| Amounts receivable within one year | 40/41 | €19,596 | €67,990 | +€48,394 | +247.0% |
| Trade receivables | 40 | €17,738 | €62,176 | +€44,438 | +250.5% |
| Other amounts receivable | 41 | €1,857 | €5,814 | +€3,957 | +213.0% |
| Cash at bank and in hand | 54/58 | €7,796 | €8,915 | +€1,120 | +14.4% |
| Deferred charges and accrued income | 490/1 | €520 | €22,168 | +€21,648 | +4163.1% |
| Total equity and liabilities | 10/49 | €30,089 | €106,599 | +€76,510 | +254.3% |
| Equity | 10/15 | €19,248 | €40,075 | +€20,827 | +108.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €17,000 | €37,000 | +€20,000 | +117.6% |
| Distributable reserves | 133 | €17,000 | €37,000 | +€20,000 | +117.6% |
| Profit (loss) carried forward | 14 | €248 | €1,075 | +€827 | +333.2% |
| Amounts payable | 17/49 | €10,841 | €66,524 | +€55,683 | +513.6% |
| Amounts payable within one year | 42/48 | €10,841 | €66,524 | +€55,683 | +513.6% |
| Current portion of amounts payable after more than one year | 42 | €6,259 | €5,424 | -€836 | -13.4% |
| Trade debts | 44 | €856 | €49,600 | +€48,744 | +5692.8% |
| Suppliers | 440/4 | €856 | €786 | -€70 | -8.1% |
| Bills of exchange payable | 441 | - | €48,814 | +€48,814 | |
| Advances received on contracts in progress | 46 | - | €11,361 | +€11,361 | |
| Taxes, remuneration and social security | 45 | €3,246 | €140 | -€3,106 | -95.7% |
| Taxes | 450/3 | €3,246 | €140 | -€3,106 | -95.7% |
| Other amounts payable | 47/48 | €480 | - | -€480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,100 | €119 | -€981 | -89.2% |
| Gross operating margin | 9900 | -€30,145 | €22,057 | +€52,202 | |
| Operating profit (loss) | 9901 | -€31,245 | €21,938 | +€53,183 | |
| Financial income | 75/76B | €0 | €133 | +€133 | +442166.7% |
| Recurring financial income | 75 | €0 | €133 | +€133 | +442166.7% |
| Financial charges | 65/66B | €231 | €631 | +€400 | +173.6% |
| Recurring financial charges | 65 | €231 | €631 | +€400 | +173.6% |
| Profit (loss) for the period before taxes | 9903 | -€31,476 | €21,440 | +€52,915 | |
| Income taxes | 67/77 | -€297 | €613 | +€910 | |
| Profit (loss) for the period | 9904 | -€31,179 | €20,827 | +€52,006 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,179 | €20,827 | +€52,006 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.