RAMIDIS: 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.
RAMIDIS
Largest movements
- Stocks and contracts -€67,267
no longer reported in 2025 (was €67,267)
- Tangible fixed assets -€21,970
no longer reported in 2025 (was €21,970)
of which Plant, machinery and equipment: -€15,904
- Cash -€21,762
down €21,762 (-93.9%), from €23,168 to €1,406
- Deferred charges and accrued income -€12,686
down €12,686 (-98.5%), from €12,878 to €192
- Trade debts -€109,247
down €109,247 (-63.0%), from €173,346 to €64,100
- Tax, wage and social debts -€21,715
down €21,715 (-94.5%), from €22,982 to €1,267
of which Remuneration and social security: -€22,732
- Other debts +€10,438
up €10,438 (+567.7%), from €1,839 to €12,277
- Accrued charges and deferred income -€9,487
down €9,487 (-96.0%), from €9,887 to €400
- Profit (loss) carried forward +€7,439
up €7,439 (+8.1%), from -€92,007 to -€84,568
- Gross operating margin -€106,367
down €106,367 (-82.3%), from €129,240 to €22,873
- Staff costs -€96,714
no longer reported in 2025 (was €96,714)
- Depreciation -€14,711
down €14,711 (-100.0%), from €14,711 to €1
- Financial charges -€5,467
down €5,467 (-75.3%), from €7,256 to €1,789
- Other operating charges +€5,300
up €5,300 (+1378.6%), from €384 to €5,684
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,969 | €13,475 | -€123,493 | -90.2% |
| Fixed assets | 21/28 | €21,970 | - | -€21,970 | |
| Intangible fixed assets | 21 | €1 | - | -€1 | |
| Tangible fixed assets | 22/27 | €21,970 | - | -€21,970 | |
| Plant, machinery and equipment | 23 | €15,904 | - | -€15,904 | |
| Furniture and vehicles | 24 | €6,066 | - | -€6,066 | |
| Current assets | 29/58 | €114,998 | €13,475 | -€101,523 | -88.3% |
| Stocks and contracts in progress | 3 | €67,267 | - | -€67,267 | |
| Stocks | 30/36 | €67,267 | - | -€67,267 | |
| Amounts receivable within one year | 40/41 | €11,685 | €11,877 | +€192 | +1.6% |
| Trade receivables | 40 | €2,718 | €11,877 | +€9,160 | +337.1% |
| Other amounts receivable | 41 | €8,968 | - | -€8,968 | |
| Cash at bank and in hand | 54/58 | €23,168 | €1,406 | -€21,762 | -93.9% |
| Deferred charges and accrued income | 490/1 | €12,878 | €192 | -€12,686 | -98.5% |
| Total equity and liabilities | 10/49 | €136,969 | €13,475 | -€123,493 | -90.2% |
| Equity | 10/15 | -€72,007 | -€64,568 | +€7,439 | +10.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,007 | -€84,568 | +€7,439 | +8.1% |
| Amounts payable | 17/49 | €208,975 | €78,043 | -€130,932 | -62.7% |
| Amounts payable within one year | 42/48 | €199,088 | €77,644 | -€121,444 | -61.0% |
| Financial debts | 43 | €921 | - | -€921 | |
| Credit institutions | 430/8 | €921 | - | -€921 | |
| Trade debts | 44 | €173,346 | €64,100 | -€109,247 | -63.0% |
| Suppliers | 440/4 | €173,346 | €64,100 | -€109,247 | -63.0% |
| Taxes, remuneration and social security | 45 | €22,982 | €1,267 | -€21,715 | -94.5% |
| Taxes | 450/3 | €250 | €1,267 | +€1,017 | +406.1% |
| Remuneration and social security | 454/9 | €22,732 | - | -€22,732 | |
| Other amounts payable | 47/48 | €1,839 | €12,277 | +€10,438 | +567.7% |
| Accrued charges and deferred income | 492/3 | €9,887 | €400 | -€9,487 | -96.0% |
| Remuneration, social security and pensions | 62 | €96,714 | - | -€96,714 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,711 | €1 | -€14,711 | -100.0% |
| Other operating charges | 640/8 | €384 | €5,684 | +€5,300 | +1378.6% |
| Gross operating margin | 9900 | €129,240 | €22,873 | -€106,367 | -82.3% |
| Operating profit (loss) | 9901 | €17,431 | €17,189 | -€242 | -1.4% |
| Financial income | 75/76B | €616 | €239 | -€377 | -61.2% |
| Recurring financial income | 75 | €616 | €239 | -€377 | -61.2% |
| Financial charges | 65/66B | €7,256 | €1,789 | -€5,467 | -75.3% |
| Recurring financial charges | 65 | €7,256 | €1,789 | -€5,467 | -75.3% |
| Profit (loss) for the period before taxes | 9903 | €10,791 | €15,639 | +€4,848 | +44.9% |
| Income taxes | 67/77 | €250 | €64 | -€186 | -74.5% |
| Profit (loss) for the period | 9904 | €10,541 | €15,575 | +€5,034 | +47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,541 | €15,575 | +€5,034 | +47.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.