RAMALEC: 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.
RAMALEC
Largest movements
- Receivables within one year +€91,528
up €91,528 (+92.6%), from €98,790 to €190,319
- Cash +€44,799
up €44,799 (+219.5%), from €20,407 to €65,205
mainly Net result for the year (+€58,031) and Trade debts (+€49,893)
- Tangible fixed assets -€4,089
down €4,089 (-37.2%), from €10,980 to €6,892
of which Furniture and vehicles: -€2,209
- Profit (loss) carried forward +€58,031
up €58,031 (+128.3%), from €45,216 to €103,247
- Trade debts +€49,893
up €49,893 (+86.6%), from €57,589 to €107,482
- Tax, wage and social debts +€17,254
up €17,254 (+55.6%), from €31,028 to €48,281
- Advances received +€6,850
new in 2024: €6,850
- Gross operating margin +€31,910
up €31,910 (+67.8%), from €47,100 to €79,010
- Taxes +€6,494
up €6,494 (+78.4%), from €8,280 to €14,774
- Other operating charges -€2,601
down €2,601 (-66.0%), from €3,942 to €1,341
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €146,015 | €276,302 | +€130,287 | +89.2% |
| Fixed assets | 21/28 | €11,658 | €6,986 | -€4,672 | -40.1% |
| Intangible fixed assets | 21 | €678 | €94 | -€583 | -86.1% |
| Tangible fixed assets | 22/27 | €10,980 | €6,892 | -€4,089 | -37.2% |
| Plant, machinery and equipment | 23 | €8,772 | €6,892 | -€1,880 | -21.4% |
| Furniture and vehicles | 24 | €2,209 | - | -€2,209 | |
| Current assets | 29/58 | €134,357 | €269,316 | +€134,960 | +100.4% |
| Stocks and contracts in progress | 3 | €15,160 | €13,793 | -€1,368 | -9.0% |
| Stocks | 30/36 | €15,160 | €13,793 | -€1,368 | -9.0% |
| Amounts receivable within one year | 40/41 | €98,790 | €190,319 | +€91,528 | +92.6% |
| Trade receivables | 40 | €98,790 | €190,319 | +€91,528 | +92.6% |
| Cash at bank and in hand | 54/58 | €20,407 | €65,205 | +€44,799 | +219.5% |
| Total equity and liabilities | 10/49 | €146,015 | €276,302 | +€130,287 | +89.2% |
| Equity | 10/15 | €55,216 | €113,247 | +€58,031 | +105.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,216 | €103,247 | +€58,031 | +128.3% |
| Amounts payable | 17/49 | €90,799 | €163,056 | +€72,257 | +79.6% |
| Amounts payable within one year | 42/48 | €90,799 | €163,056 | +€72,257 | +79.6% |
| Trade debts | 44 | €57,589 | €107,482 | +€49,893 | +86.6% |
| Suppliers | 440/4 | €57,589 | €107,482 | +€49,893 | +86.6% |
| Advances received on contracts in progress | 46 | - | €6,850 | +€6,850 | |
| Taxes, remuneration and social security | 45 | €31,028 | €48,281 | +€17,254 | +55.6% |
| Taxes | 450/3 | €31,028 | €48,281 | +€17,254 | +55.6% |
| Other amounts payable | 47/48 | €2,182 | €442 | -€1,740 | -79.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,112 | €4,672 | +€560 | +13.6% |
| Other operating charges | 640/8 | €3,942 | €1,341 | -€2,601 | -66.0% |
| Gross operating margin | 9900 | €47,100 | €79,010 | +€31,910 | +67.8% |
| Operating profit (loss) | 9901 | €39,046 | €72,997 | +€33,951 | +87.0% |
| Financial income | 75/76B | €6 | €36 | +€30 | +522.6% |
| Recurring financial income | 75 | €6 | €36 | +€30 | +522.6% |
| Financial charges | 65/66B | €439 | €227 | -€212 | -48.3% |
| Recurring financial charges | 65 | €439 | €227 | -€212 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | €38,612 | €72,805 | +€34,193 | +88.6% |
| Income taxes | 67/77 | €8,280 | €14,774 | +€6,494 | +78.4% |
| Profit (loss) for the period | 9904 | €30,332 | €58,031 | +€27,699 | +91.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,332 | €58,031 | +€27,699 | +91.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.