RAMAUT LAURA: 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.
RAMAUT LAURA
Largest movements
- Cash -€7,610
down €7,610 (-19.8%), from €38,508 to €30,898
mainly Trade debts (-€12,664) and Receivables within one year (-€7,313)
- Receivables within one year +€7,313
up €7,313 (+186%), from €3,925 to €11,238
- Deferred charges and accrued income -€6,707
down €6,707 (-67.7%), from €9,909 to €3,201
- Tangible fixed assets -€1,027
down €1,027 (-32.3%), from €3,176 to €2,149
of which Furniture and vehicles: -€601
- Trade debts -€12,664
down €12,664 (-93.3%), from €13,575 to €911
- Reserves +€3,008
up €3,008 (+13.1%), from €22,947 to €25,955
- Other debts +€1,349
up €1,349 (+10.5%), from €12,795 to €14,144
- Gross operating margin -€12,464
down €12,464 (-61.1%), from €20,415 to €7,951
- Taxes -€3,358
down €3,358 (-66.1%), from €5,082 to €1,724
- Depreciation -€437
down €437 (-23.1%), from €1,896 to €1,459
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 | €55,517 | €47,486 | -€8,031 | -14.5% |
| Fixed assets | 21/28 | €3,176 | €2,149 | -€1,027 | -32.3% |
| Tangible fixed assets | 22/27 | €3,176 | €2,149 | -€1,027 | -32.3% |
| Plant, machinery and equipment | 23 | €663 | €237 | -€426 | -64.3% |
| Furniture and vehicles | 24 | €2,513 | €1,912 | -€601 | -23.9% |
| Current assets | 29/58 | €52,341 | €45,337 | -€7,005 | -13.4% |
| Amounts receivable within one year | 40/41 | €3,925 | €11,238 | +€7,313 | +186% |
| Other amounts receivable | 41 | €3,925 | €11,238 | +€7,313 | +186% |
| Cash at bank and in hand | 54/58 | €38,508 | €30,898 | -€7,610 | -19.8% |
| Deferred charges and accrued income | 490/1 | €9,909 | €3,201 | -€6,707 | -67.7% |
| Total equity and liabilities | 10/49 | €55,517 | €47,486 | -€8,031 | -14.5% |
| Equity | 10/15 | €29,147 | €32,155 | +€3,008 | +10.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,947 | €25,955 | +€3,008 | +13.1% |
| Distributable reserves | 133 | €22,947 | €25,955 | +€3,008 | +13.1% |
| Amounts payable | 17/49 | €26,370 | €15,331 | -€11,039 | -41.9% |
| Amounts payable within one year | 42/48 | €26,370 | €15,055 | -€11,315 | -42.9% |
| Trade debts | 44 | €13,575 | €911 | -€12,664 | -93.3% |
| Suppliers | 440/4 | €13,575 | €911 | -€12,664 | -93.3% |
| Other amounts payable | 47/48 | €12,795 | €14,144 | +€1,349 | +10.5% |
| Accrued charges and deferred income | 492/3 | - | €276 | +€276 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,896 | €1,459 | -€437 | -23.1% |
| Other operating charges | 640/8 | €310 | €324 | +€14 | +4.4% |
| Gross operating margin | 9900 | €20,415 | €7,951 | -€12,464 | -61.1% |
| Operating profit (loss) | 9901 | €18,209 | €6,168 | -€12,041 | -66.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €532 | €588 | +€56 | +10.4% |
| Recurring financial charges | 65 | €532 | €588 | +€56 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €17,677 | €5,582 | -€12,095 | -68.4% |
| Income taxes | 67/77 | €5,082 | €1,724 | -€3,358 | -66.1% |
| Profit (loss) for the period | 9904 | €12,595 | €3,858 | -€8,737 | -69.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,595 | €3,858 | -€8,737 | -69.4% |
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 25 October 2026 via checked.be.