Ramblers: 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.
Ramblers
Largest movements
- Receivables within one year +€47,403
up €47,403 (+62.8%), from €75,447 to €122,850
of which Other amounts receivable: +€49,362
- Cash -€21,969
down €21,969 (-10.4%), from €211,404 to €189,435
mainly Contributions, distributions and other (-€74,999) and Receivables within one year (-€47,403)
- Tangible fixed assets +€6,307
up €6,307 (+57.9%), from €10,884 to €17,191
of which Plant, machinery and equipment: +€8,707
- Trade debts +€49,295
up €49,295 (+73.7%), from €66,867 to €116,162
- Other debts -€45,000
down €45,000 (-37.5%), from €120,000 to €75,000
- Reserves +€10,248
up €10,248 (+10.1%), from €101,076 to €111,324
- Tax, wage and social debts +€8,218
up €8,218 (+5828.4%), from €141 to €8,359
of which Remuneration and social security: +€8,309
- Current portion of long-term debt +€6,879
new in 2025: €6,879
- Gross operating margin -€61,083
down €61,083 (-17.2%), from €354,447 to €293,364
- Staff costs +€9,048
up €9,048 (+4.8%), from €188,316 to €197,364
- Taxes -€5,146
down €5,146 (-66.3%), from €7,756 to €2,610
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.
Cash bridge derived
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 | €297,735 | €330,825 | +€33,090 | +11.1% |
| Fixed assets | 21/28 | €10,884 | €17,191 | +€6,307 | +57.9% |
| Tangible fixed assets | 22/27 | €10,884 | €17,191 | +€6,307 | +57.9% |
| Plant, machinery and equipment | 23 | €1,884 | €10,591 | +€8,707 | +462.2% |
| Furniture and vehicles | 24 | €9,000 | €6,600 | -€2,400 | -26.7% |
| Current assets | 29/58 | €286,851 | €313,634 | +€26,783 | +9.3% |
| Amounts receivable within one year | 40/41 | €75,447 | €122,850 | +€47,403 | +62.8% |
| Trade receivables | 40 | €1,959 | - | -€1,959 | |
| Other amounts receivable | 41 | €73,488 | €122,850 | +€49,362 | +67.2% |
| Cash at bank and in hand | 54/58 | €211,404 | €189,435 | -€21,969 | -10.4% |
| Deferred charges and accrued income | 490/1 | - | €1,349 | +€1,349 | |
| Total equity and liabilities | 10/49 | €297,735 | €330,825 | +€33,090 | +11.1% |
| Equity | 10/15 | €107,376 | €117,624 | +€10,248 | +9.5% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €101,076 | €111,324 | +€10,248 | +10.1% |
| Distributable reserves | 133 | €101,076 | €111,324 | +€10,248 | +10.1% |
| Amounts payable | 17/49 | €190,359 | €213,201 | +€22,842 | +12.0% |
| Amounts payable after more than one year | 17 | - | €6,801 | +€6,801 | |
| Financial debts | 170/4 | - | €6,801 | +€6,801 | |
| Amounts payable within one year | 42/48 | €190,359 | €206,400 | +€16,041 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | - | €6,879 | +€6,879 | |
| Trade debts | 44 | €66,867 | €116,162 | +€49,295 | +73.7% |
| Suppliers | 440/4 | €66,867 | €116,162 | +€49,295 | +73.7% |
| Advances received on contracts in progress | 46 | €3,351 | - | -€3,351 | |
| Taxes, remuneration and social security | 45 | €141 | €8,359 | +€8,218 | +5828.4% |
| Taxes | 450/3 | €141 | €50 | -€91 | -64.5% |
| Remuneration and social security | 454/9 | - | €8,309 | +€8,309 | |
| Other amounts payable | 47/48 | €120,000 | €75,000 | -€45,000 | -37.5% |
| Remuneration, social security and pensions | 62 | €188,316 | €197,364 | +€9,048 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,769 | €4,675 | -€94 | -2.0% |
| Other operating charges | 640/8 | €3,059 | €2,264 | -€795 | -26.0% |
| Gross operating margin | 9900 | €354,447 | €293,364 | -€61,083 | -17.2% |
| Operating profit (loss) | 9901 | €158,303 | €89,061 | -€69,242 | -43.7% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €2,689 | €1,204 | -€1,485 | -55.2% |
| Recurring financial charges | 65 | €2,689 | €1,204 | -€1,485 | -55.2% |
| Profit (loss) for the period before taxes | 9903 | €155,622 | €87,857 | -€67,765 | -43.5% |
| Income taxes | 67/77 | €7,756 | €2,610 | -€5,146 | -66.3% |
| Profit (loss) for the period | 9904 | €147,866 | €85,247 | -€62,619 | -42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €147,866 | €85,247 | -€62,619 | -42.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.