RAMOS CONSTRUCT: 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.
RAMOS CONSTRUCT
Largest movements
- Receivables within one year +€1,232
up €1,232 (+2.2%), from €57,319 to €58,551
of which Trade receivables: +€3,394
- Cash -€864
down €864 (-39.9%), from €2,166 to €1,302
mainly Trade debts (-€2,400) and Receivables within one year (-€1,232)
- Profit (loss) carried forward +€2,474
up €2,474 (+11.0%), from €22,530 to €25,004
- Trade debts -€2,400
down €2,400 (-27.9%), from €8,604 to €6,205
- Gross operating margin +€464
up €464 (+10.6%), from €4,391 to €4,855
- Taxes +€303
up €303 (+50.4%), from €600 to €903
- Depreciation -€76
down €76 (-12.6%), from €605 to €529
- Other operating charges -€67
down €67 (-12.6%), from €530 to €464
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 | €60,515 | €60,009 | -€505 | -0.8% |
| Fixed assets | 21/28 | €685 | €156 | -€529 | -77.2% |
| Tangible fixed assets | 22/27 | €529 | - | -€529 | |
| Furniture and vehicles | 24 | €529 | - | -€529 | |
| Financial fixed assets | 28 | €156 | €156 | = | 0.0% |
| Current assets | 29/58 | €59,830 | €59,853 | +€24 | 0.0% |
| Amounts receivable within one year | 40/41 | €57,319 | €58,551 | +€1,232 | +2.2% |
| Trade receivables | 40 | €54,521 | €57,915 | +€3,394 | +6.2% |
| Other amounts receivable | 41 | €2,798 | €637 | -€2,162 | -77.2% |
| Cash at bank and in hand | 54/58 | €2,166 | €1,302 | -€864 | -39.9% |
| Deferred charges and accrued income | 490/1 | €345 | - | -€345 | |
| Total equity and liabilities | 10/49 | €60,515 | €60,009 | -€505 | -0.8% |
| Equity | 10/15 | €32,350 | €34,824 | +€2,474 | +7.6% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Reserves | 13 | €1,620 | €1,620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,620 | - | -€1,620 | |
| Other | 1319 | €1,620 | - | -€1,620 | |
| Distributable reserves | 133 | - | €1,620 | +€1,620 | |
| Profit (loss) carried forward | 14 | €22,530 | €25,004 | +€2,474 | +11.0% |
| Amounts payable | 17/49 | €28,165 | €25,185 | -€2,979 | -10.6% |
| Amounts payable within one year | 42/48 | €28,165 | €25,185 | -€2,979 | -10.6% |
| Trade debts | 44 | €8,604 | €6,205 | -€2,400 | -27.9% |
| Suppliers | 440/4 | €8,604 | €6,205 | -€2,400 | -27.9% |
| Taxes, remuneration and social security | 45 | €2,171 | €1,823 | -€348 | -16.0% |
| Taxes | 450/3 | €1,691 | €1,503 | -€188 | -11.1% |
| Remuneration and social security | 454/9 | €480 | €320 | -€160 | -33.3% |
| Other amounts payable | 47/48 | €17,390 | €17,158 | -€231 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €605 | €529 | -€76 | -12.6% |
| Other operating charges | 640/8 | €530 | €464 | -€67 | -12.6% |
| Gross operating margin | 9900 | €4,391 | €4,855 | +€464 | +10.6% |
| Operating profit (loss) | 9901 | €3,256 | €3,862 | +€607 | +18.6% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €472 | €493 | +€21 | +4.5% |
| Recurring financial charges | 65 | €472 | €493 | +€21 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €2,784 | €3,377 | +€592 | +21.3% |
| Income taxes | 67/77 | €600 | €903 | +€303 | +50.4% |
| Profit (loss) for the period | 9904 | €2,184 | €2,474 | +€290 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,184 | €2,474 | +€290 | +13.3% |
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 16 October 2026 via checked.be.