Ramani & Co: 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.
Ramani & Co
Largest movements
- Tangible fixed assets +€25,877
up €25,877 (+167%), from €15,453 to €41,330
of which Furniture and vehicles: +€25,877
- Stocks and contracts -€8,761
down €8,761 (-10.3%), from €84,795 to €76,034
- Cash -€6,602
down €6,602 (-25.6%), from €25,822 to €19,220
mainly Investment in fixed assets (net) (-€27,562) and Trade debts (-€9,032)
- Financial fixed assets +€1,685
up €1,685 (+29.7%), from €5,665 to €7,350
- Other debts +€17,155
new in 2025: €17,155
- Trade debts -€9,032
down €9,032 (-22.1%), from €40,780 to €31,748
- Profit (loss) carried forward +€8,902
up €8,902 (+13.9%), from €63,966 to €72,868
- Tax, wage and social debts -€4,827
down €4,827 (-24.5%), from €19,717 to €14,891
of which Taxes: -€9,377
- Staff costs +€11,250
up €11,250 (+15.5%), from €72,514 to €83,764
- Depreciation -€10,304
no longer reported in 2025 (was €10,304)
- Taxes -€2,987
down €2,987 (-64.9%), from €4,600 to €1,613
- Gross operating margin -€1,349
down €1,349 (-1.4%), from €99,127 to €97,778
- Other operating charges -€1,325
down €1,325 (-35.2%), from €3,761 to €2,436
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 | €131,735 | €143,934 | +€12,199 | +9.3% |
| Fixed assets | 21/28 | €21,118 | €48,680 | +€27,562 | +131% |
| Tangible fixed assets | 22/27 | €15,453 | €41,330 | +€25,877 | +167% |
| Plant, machinery and equipment | 23 | €824 | €824 | = | 0.0% |
| Furniture and vehicles | 24 | €14,629 | €40,506 | +€25,877 | +177% |
| Financial fixed assets | 28 | €5,665 | €7,350 | +€1,685 | +29.7% |
| Current assets | 29/58 | €110,617 | €95,254 | -€15,363 | -13.9% |
| Stocks and contracts in progress | 3 | €84,795 | €76,034 | -€8,761 | -10.3% |
| Stocks | 30/36 | €84,795 | €76,034 | -€8,761 | -10.3% |
| Cash at bank and in hand | 54/58 | €25,822 | €19,220 | -€6,602 | -25.6% |
| Total equity and liabilities | 10/49 | €131,735 | €143,934 | +€12,199 | +9.3% |
| Equity | 10/15 | €71,238 | €80,140 | +€8,902 | +12.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,072 | €1,072 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,072 | €1,072 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,072 | €1,072 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,966 | €72,868 | +€8,902 | +13.9% |
| Amounts payable | 17/49 | €60,497 | €63,794 | +€3,297 | +5.4% |
| Amounts payable within one year | 42/48 | €60,497 | €63,794 | +€3,297 | +5.4% |
| Trade debts | 44 | €40,780 | €31,748 | -€9,032 | -22.1% |
| Suppliers | 440/4 | €40,780 | €31,748 | -€9,032 | -22.1% |
| Taxes, remuneration and social security | 45 | €19,717 | €14,891 | -€4,827 | -24.5% |
| Taxes | 450/3 | €17,894 | €8,517 | -€9,377 | -52.4% |
| Remuneration and social security | 454/9 | €1,823 | €6,374 | +€4,551 | +250% |
| Other amounts payable | 47/48 | - | €17,155 | +€17,155 | |
| Remuneration, social security and pensions | 62 | €72,514 | €83,764 | +€11,250 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,304 | - | -€10,304 | |
| Other operating charges | 640/8 | €3,761 | €2,436 | -€1,325 | -35.2% |
| Gross operating margin | 9900 | €99,127 | €97,778 | -€1,349 | -1.4% |
| Operating profit (loss) | 9901 | €12,548 | €11,578 | -€970 | -7.7% |
| Financial income | 75/76B | €50 | - | -€50 | |
| Recurring financial income | 75 | €50 | - | -€50 | |
| Financial charges | 65/66B | €1,227 | €1,062 | -€165 | -13.4% |
| Recurring financial charges | 65 | €1,227 | €1,062 | -€165 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €11,370 | €10,515 | -€855 | -7.5% |
| Income taxes | 67/77 | €4,600 | €1,613 | -€2,987 | -64.9% |
| Profit (loss) for the period | 9904 | €6,770 | €8,902 | +€2,132 | +31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,770 | €8,902 | +€2,132 | +31.5% |
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 19 October 2026 via checked.be.