Ramsay Fairs: 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.
Ramsay Fairs
Largest movements
- Receivables within one year +€244,490
up €244,490 (+14.2%), from €1.7m to €2.0m
of which Trade receivables: +€214,490
- Cash -€50,377
down €50,377 (-11.9%), from €423,355 to €372,978
mainly Receivables within one year (-€244,490) and Contributions, distributions and other (-€215,000)
- Accrued charges and deferred income +€165,343
up €165,343 (+21.0%), from €785,542 to €950,886
- Profit (loss) carried forward +€104,597
up €104,597 (+9.1%), from €1.1m to €1.2m
- Tax, wage and social debts -€92,521
down €92,521 (-51.0%), from €181,371 to €88,850
of which Taxes: -€101,678
- Gross operating margin +€91,516
up €91,516 (+16.0%), from €571,738 to €663,253
- Staff costs +€49,361
up €49,361 (+20.2%), from €244,389 to €293,750
- Financial income -€10,108
down €10,108 (-14.0%), from €72,065 to €61,957
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 | €2,225,042 | €2,419,629 | +€194,587 | +8.7% |
| Fixed assets | 21/28 | €3,976 | €3,795 | -€181 | -4.6% |
| Tangible fixed assets | 22/27 | €2,176 | €1,995 | -€181 | -8.3% |
| Plant, machinery and equipment | 23 | €2,176 | €1,995 | -€181 | -8.3% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €2,221,065 | €2,415,833 | +€194,768 | +8.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €78,720 | €79,374 | +€654 | +0.8% |
| Stocks | 30/36 | €78,720 | €79,374 | +€654 | +0.8% |
| Amounts receivable within one year | 40/41 | €1,718,991 | €1,963,481 | +€244,490 | +14.2% |
| Trade receivables | 40 | €430,438 | €644,928 | +€214,490 | +49.8% |
| Other amounts receivable | 41 | €1,288,553 | €1,318,553 | +€30,000 | +2.3% |
| Cash at bank and in hand | 54/58 | €423,355 | €372,978 | -€50,377 | -11.9% |
| Total equity and liabilities | 10/49 | €2,225,042 | €2,419,629 | +€194,587 | +8.7% |
| Equity | 10/15 | €1,164,197 | €1,268,794 | +€104,597 | +9.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €1,143,737 | €1,248,334 | +€104,597 | +9.1% |
| Amounts payable | 17/49 | €1,060,845 | €1,150,835 | +€89,990 | +8.5% |
| Amounts payable within one year | 42/48 | €275,303 | €199,949 | -€75,354 | -27.4% |
| Trade debts | 44 | €91,851 | €110,679 | +€18,829 | +20.5% |
| Suppliers | 440/4 | €91,851 | €110,679 | +€18,829 | +20.5% |
| Taxes, remuneration and social security | 45 | €181,371 | €88,850 | -€92,521 | -51.0% |
| Taxes | 450/3 | €152,722 | €51,044 | -€101,678 | -66.6% |
| Remuneration and social security | 454/9 | €28,649 | €37,806 | +€9,157 | +32.0% |
| Other amounts payable | 47/48 | €2,081 | €420 | -€1,661 | -79.8% |
| Accrued charges and deferred income | 492/3 | €785,542 | €950,886 | +€165,343 | +21.0% |
| Remuneration, social security and pensions | 62 | €244,389 | €293,750 | +€49,361 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €954 | €1,271 | +€317 | +33.2% |
| Gross operating margin | 9900 | €571,738 | €663,253 | +€91,516 | +16.0% |
| Operating profit (loss) | 9901 | €326,394 | €368,233 | +€41,838 | +12.8% |
| Financial income | 75/76B | €72,065 | €61,957 | -€10,108 | -14.0% |
| Recurring financial income | 75 | €72,065 | €61,957 | -€10,108 | -14.0% |
| Financial charges | 65/66B | €2,159 | €3,079 | +€919 | +42.6% |
| Recurring financial charges | 65 | €2,159 | €3,079 | +€919 | +42.6% |
| Profit (loss) for the period before taxes | 9903 | €396,300 | €427,111 | +€30,811 | +7.8% |
| Income taxes | 67/77 | €102,494 | €107,514 | +€5,020 | +4.9% |
| Profit (loss) for the period | 9904 | €293,806 | €319,597 | +€25,791 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €293,806 | €319,597 | +€25,791 | +8.8% |
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 28 October 2026 via checked.be.