RAMANA: 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.
RAMANA
Largest movements
- Tangible fixed assets -€240,102
down €240,102 (-1.2%), from €19.8m to €19.5m
of which Land and buildings: -€122,048
- Cash +€232,074
up €232,074 (+2,677%), from €8,670 to €240,744
mainly Other debts (+€1.2m) and Depreciation (+€706,054)
- Other debts +€1.2m
up €1.2m (+17.2%), from €7.0m to €8.2m
- Profit (loss) carried forward -€1.2m
down €1.2m (-16.4%), from -€7.3m to -€8.5m
- Taxes +€171,000
new in 2025: €171,000
- Gross operating margin -€86,199
down €86,199 (-22.4%), from €384,921 to €298,722
- Depreciation +€38,895
up €38,895 (+5.8%), from €667,159 to €706,054
- Other operating charges +€24,125
up €24,125 (+19.1%), from €126,353 to €150,478
- Staff costs -€4,119
down €4,119 (-0.9%), from €475,748 to €471,629
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 | €19,831,008 | €19,839,284 | +€8,276 | 0.0% |
| Fixed assets | 21/28 | €19,778,856 | €19,538,755 | -€240,102 | -1.2% |
| Tangible fixed assets | 22/27 | €19,778,856 | €19,538,755 | -€240,102 | -1.2% |
| Land and buildings | 22 | €19,290,865 | €19,168,817 | -€122,048 | -0.6% |
| Plant, machinery and equipment | 23 | €163,153 | €137,573 | -€25,580 | -15.7% |
| Furniture and vehicles | 24 | €96,642 | €69,713 | -€26,929 | -27.9% |
| Other tangible fixed assets | 26 | €198,697 | €162,652 | -€36,045 | -18.1% |
| Assets under construction and advance payments | 27 | €29,500 | - | -€29,500 | |
| Current assets | 29/58 | €52,152 | €300,530 | +€248,378 | +476% |
| Amounts receivable within one year | 40/41 | €1,743 | €3,301 | +€1,557 | +89.3% |
| Trade receivables | 40 | €1,432 | €1,432 | = | 0.0% |
| Other amounts receivable | 41 | €311 | €1,868 | +€1,557 | +501% |
| Cash at bank and in hand | 54/58 | €8,670 | €240,744 | +€232,074 | +2,677% |
| Deferred charges and accrued income | 490/1 | €41,739 | €56,485 | +€14,746 | +35.3% |
| Total equity and liabilities | 10/49 | €19,831,008 | €19,839,284 | +€8,276 | 0.0% |
| Equity | 10/15 | €11,687,932 | €10,486,701 | -€1.2m | -10.3% |
| Contributions | 10/11 | €16,635,083 | €16,635,083 | = | 0.0% |
| Capital | 10 | €16,635,083 | €16,635,083 | = | 0.0% |
| Issued capital | 100 | €16,635,083 | €16,635,083 | = | 0.0% |
| Reserves | 13 | €2,397,309 | €2,397,309 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,475 | €8,475 | = | 0.0% |
| Legal reserve | 130 | €8,475 | €8,475 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,382,085 | €2,382,085 | = | 0.0% |
| Distributable reserves | 133 | €6,749 | €6,749 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,344,460 | -€8,545,691 | -€1.2m | -16.4% |
| Provisions and deferred taxes | 16 | €1,000,597 | €1,000,597 | = | 0.0% |
| Deferred taxes | 168 | €1,000,597 | €1,000,597 | = | 0.0% |
| Amounts payable | 17/49 | €7,142,479 | €8,351,986 | +€1.2m | +16.9% |
| Amounts payable within one year | 42/48 | €7,142,479 | €8,351,986 | +€1.2m | +16.9% |
| Trade debts | 44 | €54,509 | €51,035 | -€3,474 | -6.4% |
| Suppliers | 440/4 | €54,509 | €51,035 | -€3,474 | -6.4% |
| Taxes, remuneration and social security | 45 | €54,251 | €54,314 | +€63 | +0.1% |
| Remuneration and social security | 454/9 | €54,251 | €54,314 | +€63 | +0.1% |
| Other amounts payable | 47/48 | €7,033,719 | €8,246,636 | +€1.2m | +17.2% |
| Remuneration, social security and pensions | 62 | €475,748 | €471,629 | -€4,119 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €667,159 | €706,054 | +€38,895 | +5.8% |
| Other operating charges | 640/8 | €126,353 | €150,478 | +€24,125 | +19.1% |
| Gross operating margin | 9900 | €384,921 | €298,722 | -€86,199 | -22.4% |
| Operating profit (loss) | 9901 | -€884,339 | -€1,029,440 | -€145,101 | -16.4% |
| Financial income | 75/76B | €1 | €0 | -€0 | -87.3% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -87.3% |
| Financial charges | 65/66B | €572 | €792 | +€219 | +38.3% |
| Recurring financial charges | 65 | €572 | €792 | +€219 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | -€884,911 | -€1,030,231 | -€145,321 | -16.4% |
| Transfer from deferred taxes | 780 | €37,018 | - | -€37,018 | |
| Income taxes | 67/77 | - | €171,000 | +€171,000 | |
| Profit (loss) for the period | 9904 | -€847,893 | -€1,201,231 | -€353,339 | -41.7% |
| Transfer from tax-exempt reserves | 789 | €88,127 | - | -€88,127 | |
| Profit (loss) for the period to be appropriated | 9905 | -€759,765 | -€1,201,231 | -€441,466 | -58.1% |
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 24 October 2026 via checked.be.