RAMOH: 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.
RAMOH
Largest movements
- Receivables within one year +€15,132
up €15,132 (+99.9%), from €15,148 to €30,280
of which Trade receivables: +€15,273
- Cash -€6,425
down €6,425 (-79.9%), from €8,045 to €1,619
mainly Net result for the year (-€24,936) and Receivables within one year (-€15,132)
- Tangible fixed assets -€5,311
down €5,311 (-12.2%), from €43,381 to €38,070
of which Other tangible fixed assets: -€4,700
- Deferred charges and accrued income +€3,015
new in 2025: €3,015
- Intangible fixed assets -€2,345
down €2,345 (-11.2%), from €20,887 to €18,542
- Profit (loss) carried forward -€24,936
down €24,936, from €1,174 to -€23,763
- Tax, wage and social debts +€19,692
up €19,692 (+90.6%), from €21,728 to €41,421
of which Taxes: +€14,154
- Trade debts +€10,449
up €10,449 (+34.5%), from €30,275 to €40,724
- Other debts -€3,333
down €3,333 (-16.5%), from €20,162 to €16,829
- Short-term financial debts +€2,194
up €2,194 (+88.0%), from €2,492 to €4,686
- Gross operating margin -€16,300
down €16,300 (-7.7%), from €211,588 to €195,288
- Staff costs +€14,590
up €14,590 (+7.5%), from €194,741 to €209,331
- Taxes -€2,468
down €2,468 (-87.9%), from €2,809 to €340
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 | €97,090 | €101,156 | +€4,066 | +4.2% |
| Fixed assets | 21/28 | €73,897 | €66,242 | -€7,656 | -10.4% |
| Intangible fixed assets | 21 | €20,887 | €18,542 | -€2,345 | -11.2% |
| Tangible fixed assets | 22/27 | €43,381 | €38,070 | -€5,311 | -12.2% |
| Furniture and vehicles | 24 | €2,202 | €1,591 | -€611 | -27.7% |
| Other tangible fixed assets | 26 | €41,179 | €36,479 | -€4,700 | -11.4% |
| Financial fixed assets | 28 | €9,630 | €9,630 | = | 0.0% |
| Current assets | 29/58 | €23,193 | €34,914 | +€11,721 | +50.5% |
| Amounts receivable within one year | 40/41 | €15,148 | €30,280 | +€15,132 | +99.9% |
| Trade receivables | 40 | €15,007 | €30,280 | +€15,273 | +101.8% |
| Other amounts receivable | 41 | €141 | - | -€141 | |
| Cash at bank and in hand | 54/58 | €8,045 | €1,619 | -€6,425 | -79.9% |
| Deferred charges and accrued income | 490/1 | - | €3,015 | +€3,015 | |
| Total equity and liabilities | 10/49 | €97,090 | €101,156 | +€4,066 | +4.2% |
| Equity | 10/15 | €22,432 | -€2,504 | -€24,936 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,666 | €2,666 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,836 | €1,836 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,836 | €1,836 | = | 0.0% |
| Distributable reserves | 133 | €830 | €830 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,174 | -€23,763 | -€24,936 | |
| Amounts payable | 17/49 | €74,658 | €103,660 | +€29,002 | +38.8% |
| Amounts payable within one year | 42/48 | €74,658 | €103,660 | +€29,002 | +38.8% |
| Financial debts | 43 | €2,492 | €4,686 | +€2,194 | +88.0% |
| Credit institutions | 430/8 | €2,492 | €4,686 | +€2,194 | +88.0% |
| Trade debts | 44 | €30,275 | €40,724 | +€10,449 | +34.5% |
| Suppliers | 440/4 | €30,275 | €40,724 | +€10,449 | +34.5% |
| Taxes, remuneration and social security | 45 | €21,728 | €41,421 | +€19,692 | +90.6% |
| Taxes | 450/3 | €4,771 | €18,925 | +€14,154 | +296.7% |
| Remuneration and social security | 454/9 | €16,957 | €22,495 | +€5,538 | +32.7% |
| Other amounts payable | 47/48 | €20,162 | €16,829 | -€3,333 | -16.5% |
| Remuneration, social security and pensions | 62 | €194,741 | €209,331 | +€14,590 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,391 | €7,656 | +€265 | +3.6% |
| Other operating charges | 640/8 | €2,088 | €647 | -€1,441 | -69.0% |
| Gross operating margin | 9900 | €211,588 | €195,288 | -€16,300 | -7.7% |
| Operating profit (loss) | 9901 | €7,368 | -€22,346 | -€29,714 | |
| Financial charges | 65/66B | €1,985 | €2,250 | +€265 | +13.3% |
| Recurring financial charges | 65 | €1,985 | €2,250 | +€265 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €5,382 | -€24,596 | -€29,978 | |
| Income taxes | 67/77 | €2,809 | €340 | -€2,468 | -87.9% |
| Profit (loss) for the period | 9904 | €2,574 | -€24,936 | -€27,510 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,574 | -€24,936 | -€27,510 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.