Ramman: 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.
Ramman
Largest movements
- Receivables within one year +€117,272
up €117,272 (+82.5%), from €142,177 to €259,449
of which Trade receivables: +€101,756
- Cash -€71,186
down €71,186 (-15.9%), from €446,529 to €375,343
mainly Receivables within one year (-€117,272) and Investment in fixed assets (net) (-€84,252)
- Tangible fixed assets +€21,571
up €21,571 (+10.4%), from €206,964 to €228,535
of which Furniture and vehicles: +€24,505
- Profit (loss) carried forward +€66,126
up €66,126 (+11.1%), from €597,698 to €663,823
- Gross operating margin -€130,143
down €130,143 (-22.6%), from €575,333 to €445,191
- Staff costs -€27,196
down €27,196 (-8.6%), from €317,309 to €290,113
- Taxes -€25,971
down €25,971 (-48.8%), from €53,202 to €27,231
- Depreciation +€9,490
up €9,490 (+17.8%), from €53,191 to €62,682
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 | €797,630 | €865,287 | +€67,657 | +8.5% |
| Fixed assets | 21/28 | €208,924 | €230,495 | +€21,571 | +10.3% |
| Tangible fixed assets | 22/27 | €206,964 | €228,535 | +€21,571 | +10.4% |
| Land and buildings | 22 | €22,027 | €19,092 | -€2,935 | -13.3% |
| Furniture and vehicles | 24 | €184,937 | €209,442 | +€24,505 | +13.3% |
| Financial fixed assets | 28 | €1,960 | €1,960 | = | 0.0% |
| Current assets | 29/58 | €588,706 | €634,792 | +€46,086 | +7.8% |
| Amounts receivable within one year | 40/41 | €142,177 | €259,449 | +€117,272 | +82.5% |
| Trade receivables | 40 | €121,850 | €223,606 | +€101,756 | +83.5% |
| Other amounts receivable | 41 | €20,327 | €35,843 | +€15,516 | +76.3% |
| Cash at bank and in hand | 54/58 | €446,529 | €375,343 | -€71,186 | -15.9% |
| Total equity and liabilities | 10/49 | €797,630 | €865,287 | +€67,657 | +8.5% |
| Equity | 10/15 | €639,712 | €705,837 | +€66,126 | +10.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €22,014 | €22,014 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,198 | €7,198 | = | 0.0% |
| Distributable reserves | 133 | €14,817 | €14,817 | = | 0.0% |
| Profit (loss) carried forward | 14 | €597,698 | €663,823 | +€66,126 | +11.1% |
| Amounts payable | 17/49 | €157,918 | €159,450 | +€1,531 | +1.0% |
| Amounts payable within one year | 42/48 | €157,918 | €159,450 | +€1,531 | +1.0% |
| Trade debts | 44 | €32,526 | €34,851 | +€2,326 | +7.2% |
| Suppliers | 440/4 | €32,526 | €34,851 | +€2,326 | +7.2% |
| Taxes, remuneration and social security | 45 | €125,393 | €124,598 | -€795 | -0.6% |
| Taxes | 450/3 | €92,119 | €90,706 | -€1,413 | -1.5% |
| Remuneration and social security | 454/9 | €33,274 | €33,892 | +€618 | +1.9% |
| Remuneration, social security and pensions | 62 | €317,309 | €290,113 | -€27,196 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,191 | €62,682 | +€9,490 | +17.8% |
| Other operating charges | 640/8 | €3,908 | €3,308 | -€600 | -15.3% |
| Gross operating margin | 9900 | €575,333 | €445,191 | -€130,143 | -22.6% |
| Operating profit (loss) | 9901 | €200,926 | €89,088 | -€111,838 | -55.7% |
| Financial income | 75/76B | €983 | €5,427 | +€4,444 | +452% |
| Recurring financial income | 75 | €983 | €1,374 | +€391 | +39.8% |
| Non-recurring financial income | 76B | - | €4,052 | +€4,052 | |
| Financial charges | 65/66B | €1,597 | €1,158 | -€438 | -27.5% |
| Recurring financial charges | 65 | €1,597 | €1,158 | -€438 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €200,312 | €93,357 | -€106,956 | -53.4% |
| Income taxes | 67/77 | €53,202 | €27,231 | -€25,971 | -48.8% |
| Profit (loss) for the period | 9904 | €147,110 | €66,126 | -€80,984 | -55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €147,110 | €66,126 | -€80,984 | -55.1% |
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 15 October 2026 via checked.be.