Ramona Speed: 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.
Ramona Speed
Largest movements
- Cash +€15,914
up €15,914 (+21.8%), from €72,948 to €88,861
mainly Net result for the year (+€25,055) and Depreciation (+€23,819)
- Tangible fixed assets -€6,697
down €6,697 (-7.7%), from €87,195 to €80,498
of which Plant, machinery and equipment: -€17,507
- Receivables within one year +€6,095
up €6,095 (+503%), from €1,211 to €7,306
of which Other amounts receivable: +€6,859
- Reserves +€25,055
up €25,055 (+28.2%), from €88,890 to €113,946
- Debts after one year -€16,964
down €16,964 (-54.2%), from €31,295 to €14,332
- Other debts +€4,463
up €4,463 (+73.3%), from €6,087 to €10,550
- Trade debts +€2,561
up €2,561, from €0 to €2,561
- Gross operating margin -€14,383
down €14,383 (-19.4%), from €74,106 to €59,723
- Taxes -€6,868
down €6,868 (-47.1%), from €14,591 to €7,723
- Depreciation -€901
down €901 (-3.6%), from €24,719 to €23,819
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 | €165,527 | €180,415 | +€14,888 | +9.0% |
| Fixed assets | 21/28 | €87,195 | €80,498 | -€6,697 | -7.7% |
| Tangible fixed assets | 22/27 | €87,195 | €80,498 | -€6,697 | -7.7% |
| Land and buildings | 22 | - | €16,500 | +€16,500 | |
| Plant, machinery and equipment | 23 | €41,074 | €23,568 | -€17,507 | -42.6% |
| Furniture and vehicles | 24 | €1,732 | €372 | -€1,360 | -78.5% |
| Other tangible fixed assets | 26 | €44,388 | €40,058 | -€4,331 | -9.8% |
| Current assets | 29/58 | €78,332 | €99,917 | +€21,586 | +27.6% |
| Stocks and contracts in progress | 3 | €956 | €804 | -€152 | -15.9% |
| Stocks | 30/36 | €956 | €804 | -€152 | -15.9% |
| Amounts receivable within one year | 40/41 | €1,211 | €7,306 | +€6,095 | +503% |
| Trade receivables | 40 | €764 | €0 | -€764 | -100% |
| Other amounts receivable | 41 | €447 | €7,306 | +€6,859 | +1,534% |
| Cash at bank and in hand | 54/58 | €72,948 | €88,861 | +€15,914 | +21.8% |
| Deferred charges and accrued income | 490/1 | €3,217 | €2,945 | -€271 | -8.4% |
| Total equity and liabilities | 10/49 | €165,527 | €180,415 | +€14,888 | +9.0% |
| Equity | 10/15 | €106,890 | €131,946 | +€25,055 | +23.4% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €88,890 | €113,946 | +€25,055 | +28.2% |
| Distributable reserves | 133 | €88,890 | €113,946 | +€25,055 | +28.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €58,636 | €48,469 | -€10,167 | -17.3% |
| Amounts payable after more than one year | 17 | €31,295 | €14,332 | -€16,964 | -54.2% |
| Financial debts | 170/4 | €31,295 | €14,332 | -€16,964 | -54.2% |
| Amounts payable within one year | 42/48 | €23,675 | €31,949 | +€8,274 | +34.9% |
| Current portion of amounts payable after more than one year | 42 | €16,711 | €16,964 | +€252 | +1.5% |
| Trade debts | 44 | €0 | €2,561 | +€2,561 | |
| Suppliers | 440/4 | €0 | €2,561 | +€2,561 | |
| Taxes, remuneration and social security | 45 | €877 | €1,875 | +€998 | +114% |
| Taxes | 450/3 | €877 | €1,875 | +€998 | +114% |
| Other amounts payable | 47/48 | €6,087 | €10,550 | +€4,463 | +73.3% |
| Accrued charges and deferred income | 492/3 | €3,666 | €2,188 | -€1,478 | -40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,719 | €23,819 | -€901 | -3.6% |
| Other operating charges | 640/8 | €1,264 | €999 | -€265 | -21.0% |
| Gross operating margin | 9900 | €74,106 | €59,723 | -€14,383 | -19.4% |
| Operating profit (loss) | 9901 | €48,123 | €34,905 | -€13,217 | -27.5% |
| Financial income | 75/76B | €103 | €0 | -€103 | -100.0% |
| Recurring financial income | 75 | €103 | €0 | -€103 | -100.0% |
| Financial charges | 65/66B | €2,415 | €2,127 | -€288 | -11.9% |
| Recurring financial charges | 65 | €2,415 | €2,127 | -€288 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €45,811 | €32,778 | -€13,033 | -28.4% |
| Income taxes | 67/77 | €14,591 | €7,723 | -€6,868 | -47.1% |
| Profit (loss) for the period | 9904 | €31,220 | €25,055 | -€6,165 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,220 | €25,055 | -€6,165 | -19.7% |
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 20 October 2026 via checked.be.