RAMO - WERBUNG: 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.
RAMO - WERBUNG
Largest movements
- Tangible fixed assets -€28,852
down €28,852 (-19.7%), from €146,316 to €117,464
of which Plant, machinery and equipment: -€32,500
- Cash +€6,162
up €6,162 (+13.4%), from €46,138 to €52,299
mainly Depreciation (+€41,266) and Net result for the year (+€18,364)
- Debts after one year -€23,952
down €23,952 (-52.5%), from €45,646 to €21,695
- Other debts +€17,010
up €17,010 (+464%), from €3,664 to €20,674
- Trade debts -€10,924
down €10,924 (-58.5%), from €18,673 to €7,749
- Reserves -€7,000
down €7,000 (-8.6%), from €81,860 to €74,860
- Current portion of long-term debt -€4,578
down €4,578 (-16.0%), from €28,530 to €23,952
- Gross operating margin -€20,895
down €20,895 (-21.8%), from €95,926 to €75,030
- Depreciation -€8,626
down €8,626 (-17.3%), from €49,892 to €41,266
- Staff costs -€4,780
no longer reported in 2025 (was €4,780)
- Financial income -€3,156
down €3,156 (-67.8%), from €4,652 to €1,496
- Taxes -€2,841
down €2,841 (-31.6%), from €8,991 to €6,150
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 | €304,350 | €280,087 | -€24,263 | -8.0% |
| Fixed assets | 21/28 | €146,316 | €117,464 | -€28,852 | -19.7% |
| Tangible fixed assets | 22/27 | €146,316 | €117,464 | -€28,852 | -19.7% |
| Land and buildings | 22 | €58,318 | €61,437 | +€3,119 | +5.3% |
| Plant, machinery and equipment | 23 | €77,092 | €44,592 | -€32,500 | -42.2% |
| Furniture and vehicles | 24 | €10,905 | €11,435 | +€530 | +4.9% |
| Current assets | 29/58 | €158,035 | €162,623 | +€4,589 | +2.9% |
| Stocks and contracts in progress | 3 | €65,895 | €64,300 | -€1,595 | -2.4% |
| Stocks | 30/36 | €65,895 | €64,300 | -€1,595 | -2.4% |
| Amounts receivable within one year | 40/41 | €43,002 | €43,227 | +€225 | +0.5% |
| Trade receivables | 40 | €33,892 | €36,204 | +€2,312 | +6.8% |
| Other amounts receivable | 41 | €9,110 | €7,023 | -€2,087 | -22.9% |
| Cash at bank and in hand | 54/58 | €46,138 | €52,299 | +€6,162 | +13.4% |
| Deferred charges and accrued income | 490/1 | €3,000 | €2,797 | -€203 | -6.8% |
| Total equity and liabilities | 10/49 | €304,350 | €280,087 | -€24,263 | -8.0% |
| Equity | 10/15 | €202,574 | €198,241 | -€4,333 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,860 | €74,860 | -€7,000 | -8.6% |
| Distributable reserves | 133 | €81,860 | €74,860 | -€7,000 | -8.6% |
| Profit (loss) carried forward | 14 | €101,417 | €104,781 | +€3,364 | +3.3% |
| Investment grants | 15 | €697 | - | -€697 | |
| Amounts payable | 17/49 | €101,776 | €81,846 | -€19,930 | -19.6% |
| Amounts payable after more than one year | 17 | €45,646 | €21,695 | -€23,952 | -52.5% |
| Financial debts | 170/4 | €45,646 | €21,695 | -€23,952 | -52.5% |
| Amounts payable within one year | 42/48 | €56,130 | €60,152 | +€4,022 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €28,530 | €23,952 | -€4,578 | -16.0% |
| Trade debts | 44 | €18,673 | €7,749 | -€10,924 | -58.5% |
| Suppliers | 440/4 | €18,673 | €7,749 | -€10,924 | -58.5% |
| Taxes, remuneration and social security | 45 | €5,264 | €7,777 | +€2,514 | +47.8% |
| Taxes | 450/3 | €4,901 | €7,777 | +€2,876 | +58.7% |
| Remuneration and social security | 454/9 | €362 | - | -€362 | |
| Other amounts payable | 47/48 | €3,664 | €20,674 | +€17,010 | +464% |
| Remuneration, social security and pensions | 62 | €4,780 | - | -€4,780 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,892 | €41,266 | -€8,626 | -17.3% |
| Other operating charges | 640/8 | €7,126 | €7,576 | +€450 | +6.3% |
| Gross operating margin | 9900 | €95,926 | €75,030 | -€20,895 | -21.8% |
| Operating profit (loss) | 9901 | €34,128 | €26,188 | -€7,940 | -23.3% |
| Financial income | 75/76B | €4,652 | €1,496 | -€3,156 | -67.8% |
| Recurring financial income | 75 | €4,652 | €1,496 | -€3,156 | -67.8% |
| Financial charges | 65/66B | €3,872 | €3,170 | -€701 | -18.1% |
| Recurring financial charges | 65 | €3,872 | €3,170 | -€701 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €34,908 | €24,514 | -€10,394 | -29.8% |
| Income taxes | 67/77 | €8,991 | €6,150 | -€2,841 | -31.6% |
| Profit (loss) for the period | 9904 | €25,918 | €18,364 | -€7,554 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,918 | €18,364 | -€7,554 | -29.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.