RAMCO: 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.
RAMCO
Largest movements
- Cash -€60,738
down €60,738 (-98.3%), from €61,784 to €1,046
mainly Net result for the year (-€49,985) and Receivables within one year (-€32,180)
- Receivables within one year +€32,180
up €32,180 (+217.9%), from €14,770 to €46,950
- Deferred charges and accrued income +€5,154
up €5,154 (+397.1%), from €1,298 to €6,452
- Profit (loss) carried forward -€49,985
down €49,985, from €21,361 to -€28,624
- Advances received +€46,550
new in 2025: €46,550
- Other debts -€7,955
down €7,955 (-3.3%), from €239,431 to €231,476
- Tax, wage and social debts -€7,134
down €7,134 (-67.7%), from €10,533 to €3,399
- Gross operating margin -€54,143
down €54,143 (-75.9%), from €71,296 to €17,154
- Financial charges -€5,242
down €5,242 (-8.8%), from €59,574 to €54,332
- Depreciation +€3,247
up €3,247 (+36.0%), from €9,030 to €12,277
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 | €277,173 | €256,416 | -€20,757 | -7.5% |
| Fixed assets | 21/28 | €199,321 | €201,967 | +€2,646 | +1.3% |
| Tangible fixed assets | 22/27 | €199,321 | €201,967 | +€2,646 | +1.3% |
| Land and buildings | 22 | €162,619 | €163,861 | +€1,242 | +0.8% |
| Plant, machinery and equipment | 23 | €35,791 | €35,185 | -€606 | -1.7% |
| Furniture and vehicles | 24 | €912 | €658 | -€254 | -27.8% |
| Other tangible fixed assets | 26 | - | €2,263 | +€2,263 | |
| Current assets | 29/58 | €77,852 | €54,449 | -€23,403 | -30.1% |
| Amounts receivable within one year | 40/41 | €14,770 | €46,950 | +€32,180 | +217.9% |
| Trade receivables | 40 | €14,770 | €46,950 | +€32,180 | +217.9% |
| Cash at bank and in hand | 54/58 | €61,784 | €1,046 | -€60,738 | -98.3% |
| Deferred charges and accrued income | 490/1 | €1,298 | €6,452 | +€5,154 | +397.1% |
| Total equity and liabilities | 10/49 | €277,173 | €256,416 | -€20,757 | -7.5% |
| Equity | 10/15 | €24,361 | -€25,624 | -€49,985 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,361 | -€28,624 | -€49,985 | |
| Amounts payable | 17/49 | €252,812 | €282,040 | +€29,228 | +11.6% |
| Amounts payable within one year | 42/48 | €252,812 | €282,040 | +€29,228 | +11.6% |
| Trade debts | 44 | €2,849 | €616 | -€2,233 | -78.4% |
| Suppliers | 440/4 | €2,849 | €616 | -€2,233 | -78.4% |
| Advances received on contracts in progress | 46 | - | €46,550 | +€46,550 | |
| Taxes, remuneration and social security | 45 | €10,533 | €3,399 | -€7,134 | -67.7% |
| Taxes | 450/3 | €10,533 | €3,399 | -€7,134 | -67.7% |
| Other amounts payable | 47/48 | €239,431 | €231,476 | -€7,955 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,030 | €12,277 | +€3,247 | +36.0% |
| Other operating charges | 640/8 | €483 | €530 | +€47 | +9.7% |
| Gross operating margin | 9900 | €71,296 | €17,154 | -€54,143 | -75.9% |
| Operating profit (loss) | 9901 | €61,783 | €4,347 | -€57,437 | -93.0% |
| Financial charges | 65/66B | €59,574 | €54,332 | -€5,242 | -8.8% |
| Recurring financial charges | 65 | €59,574 | €54,332 | -€5,242 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €2,209 | -€49,985 | -€52,194 | |
| Income taxes | 67/77 | €42 | - | -€42 | |
| Profit (loss) for the period | 9904 | €2,167 | -€49,985 | -€52,153 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,167 | -€49,985 | -€52,153 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.