RAMOTOP: 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.
RAMOTOP
Largest movements
- Cash -€15,953
down €15,953 (-12.7%), from €126,052 to €110,099
mainly Net result for the year (-€44,279) and Investment in fixed assets (net) (-€21,400)
- Stocks and contracts -€7,982
down €7,982 (-52.0%), from €15,348 to €7,366
- Receivables within one year +€6,223
up €6,223 (+26.0%), from €23,981 to €30,204
of which Trade receivables: +€7,715
- Tangible fixed assets -€5,179
down €5,179 (-7.6%), from €68,213 to €63,034
- Profit (loss) carried forward -€44,279
down €44,279 (-22.2%), from €199,021 to €154,742
- Tax, wage and social debts +€12,743
up €12,743 (+98.4%), from €12,951 to €25,693
of which Remuneration and social security: +€12,768
- Other debts +€4,472
up €4,472 (+702%), from €637 to €5,109
- Trade debts +€2,794
up €2,794 (+710%), from €394 to €3,188
- Gross operating margin -€18,566
down €18,566 (-10.9%), from €170,121 to €151,555
- Depreciation +€5,494
up €5,494 (+26.1%), from €21,085 to €26,579
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 | €236,329 | €212,059 | -€24,270 | -10.3% |
| Fixed assets | 21/28 | €68,943 | €63,764 | -€5,179 | -7.5% |
| Tangible fixed assets | 22/27 | €68,213 | €63,034 | -€5,179 | -7.6% |
| Plant, machinery and equipment | 23 | €2,454 | €1,228 | -€1,227 | -50.0% |
| Furniture and vehicles | 24 | €47,900 | €46,127 | -€1,773 | -3.7% |
| Other tangible fixed assets | 26 | €17,859 | €15,679 | -€2,180 | -12.2% |
| Financial fixed assets | 28 | €730 | €730 | = | 0.0% |
| Current assets | 29/58 | €167,386 | €148,296 | -€19,090 | -11.4% |
| Stocks and contracts in progress | 3 | €15,348 | €7,366 | -€7,982 | -52.0% |
| Stocks | 30/36 | €15,348 | €7,366 | -€7,982 | -52.0% |
| Amounts receivable within one year | 40/41 | €23,981 | €30,204 | +€6,223 | +26.0% |
| Trade receivables | 40 | €1,233 | €8,948 | +€7,715 | +626% |
| Other amounts receivable | 41 | €22,748 | €21,257 | -€1,492 | -6.6% |
| Cash at bank and in hand | 54/58 | €126,052 | €110,099 | -€15,953 | -12.7% |
| Deferred charges and accrued income | 490/1 | €2,004 | €626 | -€1,378 | -68.8% |
| Total equity and liabilities | 10/49 | €236,329 | €212,059 | -€24,270 | -10.3% |
| Equity | 10/15 | €222,347 | €178,069 | -€44,279 | -19.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,127 | €17,127 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,267 | €15,267 | = | 0.0% |
| Profit (loss) carried forward | 14 | €199,021 | €154,742 | -€44,279 | -22.2% |
| Amounts payable | 17/49 | €13,981 | €33,991 | +€20,009 | +143% |
| Amounts payable within one year | 42/48 | €13,981 | €33,991 | +€20,009 | +143% |
| Trade debts | 44 | €394 | €3,188 | +€2,794 | +710% |
| Suppliers | 440/4 | €394 | €3,188 | +€2,794 | +710% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €12,951 | €25,693 | +€12,743 | +98.4% |
| Taxes | 450/3 | €1,688 | €1,663 | -€25 | -1.5% |
| Remuneration and social security | 454/9 | €11,263 | €24,030 | +€12,768 | +113% |
| Other amounts payable | 47/48 | €637 | €5,109 | +€4,472 | +702% |
| Remuneration, social security and pensions | 62 | €163,399 | €162,185 | -€1,214 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,085 | €26,579 | +€5,494 | +26.1% |
| Other operating charges | 640/8 | €3,928 | €3,960 | +€32 | +0.8% |
| Non-recurring operating charges | 66A | €0 | €3,283 | +€3,283 | |
| Gross operating margin | 9900 | €170,121 | €151,555 | -€18,566 | -10.9% |
| Operating profit (loss) | 9901 | -€18,291 | -€44,452 | -€26,162 | -143% |
| Financial income | 75/76B | €294 | €858 | +€564 | +192% |
| Recurring financial income | 75 | €11 | €11 | +€0 | +1.0% |
| Non-recurring financial income | 76B | €283 | €847 | +€564 | +199% |
| Financial charges | 65/66B | €792 | €684 | -€107 | -13.6% |
| Recurring financial charges | 65 | €792 | €684 | -€107 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | -€18,789 | -€44,279 | -€25,490 | -136% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€18,789 | -€44,279 | -€25,490 | -136% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,789 | -€44,279 | -€25,490 | -136% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.