RAMEN DEDECKER: 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.
RAMEN DEDECKER
Largest movements
- Cash +€801,304
up €801,304 (+376.0%), from €213,102 to €1.0m
mainly Trade debts (+€941,319) and Net result for the year (+€302,938)
- Stocks and contracts +€282,786
up €282,786 (+59.8%), from €472,523 to €755,309
of which Contracts in progress: +€384,190
- Tangible fixed assets +€220,500
up €220,500 (+11.3%), from €2.0m to €2.2m
of which Land and buildings: +€250,951
- Receivables within one year +€132,730
up €132,730 (+9.3%), from €1.4m to €1.6m
of which Other amounts receivable: +€154,322
- Trade debts +€941,319
up €941,319 (+108.2%), from €870,195 to €1.8m
- Reserves +€302,938
up €302,938 (+28.1%), from €1.1m to €1.4m
of which Distributable reserves: +€302,938
- Tax, wage and social debts +€128,599
up €128,599 (+337.0%), from €38,164 to €166,762
of which Taxes: +€74,101
- Debts after one year +€67,969
up €67,969 (+4.8%), from €1.4m to €1.5m
- Gross operating margin +€569,137
up €569,137 (+34.6%), from €1.6m to €2.2m
- Write-downs +€204,197
up €204,197, from €0 to €204,197
- Staff costs +€104,610
up €104,610 (+9.1%), from €1.1m to €1.3m
- Taxes +€69,011
up €69,011 (+120.7%), from €57,191 to €126,202
- Depreciation +€42,857
up €42,857 (+23.8%), from €180,180 to €223,038
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 | €4,086,092 | €5,516,348 | +€1.4m | +35.0% |
| Fixed assets | 21/28 | €1,967,409 | €2,177,451 | +€210,042 | +10.7% |
| Intangible fixed assets | 21 | €1,213 | €663 | -€550 | -45.3% |
| Tangible fixed assets | 22/27 | €1,956,288 | €2,176,788 | +€220,500 | +11.3% |
| Land and buildings | 22 | €1,673,259 | €1,924,210 | +€250,951 | +15.0% |
| Plant, machinery and equipment | 23 | €77,250 | €51,092 | -€26,157 | -33.9% |
| Furniture and vehicles | 24 | €119,581 | €88,631 | -€30,950 | -25.9% |
| Leasing and similar rights | 25 | €77,598 | €104,255 | +€26,657 | +34.4% |
| Other tangible fixed assets | 26 | €8,600 | €8,600 | = | 0.0% |
| Financial fixed assets | 28 | €9,908 | €0 | -€9,908 | -100.0% |
| Current assets | 29/58 | €2,118,683 | €3,338,897 | +€1.2m | +57.6% |
| Stocks and contracts in progress | 3 | €472,523 | €755,309 | +€282,786 | +59.8% |
| Stocks | 30/36 | €299,900 | €198,496 | -€101,404 | -33.8% |
| Contracts in progress | 37 | €172,623 | €556,813 | +€384,190 | +222.6% |
| Amounts receivable within one year | 40/41 | €1,430,791 | €1,563,521 | +€132,730 | +9.3% |
| Trade receivables | 40 | €810,822 | €789,229 | -€21,592 | -2.7% |
| Other amounts receivable | 41 | €619,970 | €774,292 | +€154,322 | +24.9% |
| Cash at bank and in hand | 54/58 | €213,102 | €1,014,406 | +€801,304 | +376.0% |
| Deferred charges and accrued income | 490/1 | €2,267 | €5,660 | +€3,393 | +149.7% |
| Total equity and liabilities | 10/49 | €4,086,092 | €5,516,348 | +€1.4m | +35.0% |
| Equity | 10/15 | €1,097,031 | €1,399,969 | +€302,938 | +27.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,078,431 | €1,381,369 | +€302,938 | +28.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,076,571 | €1,379,509 | +€302,938 | +28.1% |
| Amounts payable | 17/49 | €2,989,061 | €4,116,378 | +€1.1m | +37.7% |
| Amounts payable after more than one year | 17 | €1,401,443 | €1,469,412 | +€67,969 | +4.8% |
| Financial debts | 170/4 | €1,401,443 | €1,469,412 | +€67,969 | +4.8% |
| Amounts payable within one year | 42/48 | €1,587,618 | €2,646,967 | +€1.1m | +66.7% |
| Current portion of amounts payable after more than one year | 42 | €252,123 | €218,690 | -€33,433 | -13.3% |
| Financial debts | 43 | €427,136 | €450,000 | +€22,864 | +5.4% |
| Credit institutions | 430/8 | €427,136 | €450,000 | +€22,864 | +5.4% |
| Trade debts | 44 | €870,195 | €1,811,514 | +€941,319 | +108.2% |
| Suppliers | 440/4 | €870,195 | €1,811,514 | +€941,319 | +108.2% |
| Taxes, remuneration and social security | 45 | €38,164 | €166,762 | +€128,599 | +337.0% |
| Taxes | 450/3 | €9,051 | €83,152 | +€74,101 | +818.7% |
| Remuneration and social security | 454/9 | €29,113 | €83,610 | +€54,497 | +187.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €8,200 | +€8,200 | |
| Remuneration, social security and pensions | 62 | €1,148,708 | €1,253,317 | +€104,610 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180,180 | €223,038 | +€42,857 | +23.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €204,197 | +€204,197 | |
| Other operating charges | 640/8 | €16,450 | €26,529 | +€10,078 | +61.3% |
| Non-recurring operating charges | 66A | €9,214 | €5,600 | -€3,614 | -39.2% |
| Gross operating margin | 9900 | €1,646,157 | €2,215,295 | +€569,137 | +34.6% |
| Operating profit (loss) | 9901 | €291,605 | €502,614 | +€211,010 | +72.4% |
| Financial income | 75/76B | €43,252 | €51,575 | +€8,323 | +19.2% |
| Recurring financial income | 75 | €43,252 | €51,575 | +€8,323 | +19.2% |
| Financial charges | 65/66B | €152,217 | €125,049 | -€27,168 | -17.8% |
| Recurring financial charges | 65 | €152,217 | €125,049 | -€27,168 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €182,639 | €429,140 | +€246,501 | +135.0% |
| Income taxes | 67/77 | €57,191 | €126,202 | +€69,011 | +120.7% |
| Profit (loss) for the period | 9904 | €125,448 | €302,938 | +€177,490 | +141.5% |
| Profit (loss) for the period to be appropriated | 9905 | €125,448 | €302,938 | +€177,490 | +141.5% |
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 10 October 2026 via checked.be.