Raman Enterprise: 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.
Raman Enterprise
Largest movements
- Receivables within one year +€9,024
up €9,024 (+64.9%), from €13,895 to €22,919
of which Trade receivables: +€7,226
- Tangible fixed assets -€8,007
down €8,007 (-23.5%), from €34,146 to €26,138
of which Leasing and similar rights: -€4,448
- Stocks and contracts +€3,042
up €3,042 (+26.3%), from €11,573 to €14,614
- Intangible fixed assets -€1,091
down €1,091 (-15.5%), from €7,052 to €5,962
- Debts after one year -€9,177
no longer reported in 2025 (was €9,177)
- Other debts +€7,317
up €7,317 (+68.5%), from €10,676 to €17,993
- Profit (loss) carried forward +€5,053
up €5,053 (+15.8%), from €31,909 to €36,962
- Tax, wage and social debts -€3,824
down €3,824 (-65.1%), from €5,877 to €2,053
- Trade debts +€2,614
up €2,614 (+164%), from €1,599 to €4,213
- Gross operating margin +€5,133
up €5,133 (+32.9%), from €15,608 to €20,741
- Other operating charges -€2,889
down €2,889 (-77.9%), from €3,708 to €819
- Depreciation +€2,592
up €2,592 (+32.7%), from €7,923 to €10,515
- Taxes +€969
up €969 (+55.1%), from €1,758 to €2,727
- Financial charges +€251
up €251 (+38.2%), from €656 to €907
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 | €71,038 | €73,748 | +€2,710 | +3.8% |
| Fixed assets | 21/28 | €41,198 | €32,100 | -€9,098 | -22.1% |
| Intangible fixed assets | 21 | €7,052 | €5,962 | -€1,091 | -15.5% |
| Tangible fixed assets | 22/27 | €34,146 | €26,138 | -€8,007 | -23.5% |
| Plant, machinery and equipment | 23 | €6,305 | €4,297 | -€2,008 | -31.9% |
| Furniture and vehicles | 24 | €1,447 | €854 | -€593 | -41.0% |
| Leasing and similar rights | 25 | €20,005 | €15,557 | -€4,448 | -22.2% |
| Other tangible fixed assets | 26 | €6,388 | €5,430 | -€958 | -15.0% |
| Current assets | 29/58 | €29,840 | €41,648 | +€11,808 | +39.6% |
| Stocks and contracts in progress | 3 | €11,573 | €14,614 | +€3,042 | +26.3% |
| Stocks | 30/36 | €11,573 | €14,614 | +€3,042 | +26.3% |
| Amounts receivable within one year | 40/41 | €13,895 | €22,919 | +€9,024 | +64.9% |
| Trade receivables | 40 | €6,551 | €13,777 | +€7,226 | +110% |
| Other amounts receivable | 41 | €7,344 | €9,142 | +€1,798 | +24.5% |
| Cash at bank and in hand | 54/58 | €2,945 | €3,336 | +€391 | +13.3% |
| Deferred charges and accrued income | 490/1 | €1,428 | €779 | -€649 | -45.5% |
| Total equity and liabilities | 10/49 | €71,038 | €73,748 | +€2,710 | +3.8% |
| Equity | 10/15 | €34,909 | €39,962 | +€5,053 | +14.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,909 | €36,962 | +€5,053 | +15.8% |
| Amounts payable | 17/49 | €36,129 | €33,786 | -€2,343 | -6.5% |
| Amounts payable after more than one year | 17 | €9,177 | - | -€9,177 | |
| Financial debts | 170/4 | €9,177 | - | -€9,177 | |
| Amounts payable within one year | 42/48 | €26,952 | €33,786 | +€6,834 | +25.4% |
| Current portion of amounts payable after more than one year | 42 | €8,801 | €9,177 | +€377 | +4.3% |
| Trade debts | 44 | €1,599 | €4,213 | +€2,614 | +164% |
| Suppliers | 440/4 | €1,599 | €4,213 | +€2,614 | +164% |
| Advances received on contracts in progress | 46 | - | €350 | +€350 | |
| Taxes, remuneration and social security | 45 | €5,877 | €2,053 | -€3,824 | -65.1% |
| Taxes | 450/3 | €5,877 | €2,053 | -€3,824 | -65.1% |
| Other amounts payable | 47/48 | €10,676 | €17,993 | +€7,317 | +68.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,923 | €10,515 | +€2,592 | +32.7% |
| Other operating charges | 640/8 | €3,708 | €819 | -€2,889 | -77.9% |
| Gross operating margin | 9900 | €15,608 | €20,741 | +€5,133 | +32.9% |
| Operating profit (loss) | 9901 | €3,977 | €9,406 | +€5,429 | +137% |
| Financial income | 75/76B | €14 | €114 | +€100 | +693% |
| Recurring financial income | 75 | €14 | €114 | +€100 | +693% |
| Financial charges | 65/66B | €656 | €907 | +€251 | +38.2% |
| Recurring financial charges | 65 | €656 | €907 | +€251 | +38.2% |
| Profit (loss) for the period before taxes | 9903 | €3,335 | €8,614 | +€5,278 | +158% |
| Income taxes | 67/77 | €1,758 | €2,727 | +€969 | +55.1% |
| Profit (loss) for the period | 9904 | €1,577 | €5,886 | +€4,309 | +273% |
| Profit (loss) for the period to be appropriated | 9905 | €1,577 | €5,886 | +€4,309 | +273% |
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 29 October 2026 via checked.be.