RAMSINVEST: 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.
RAMSINVEST
Largest movements
- Tangible fixed assets -€21,356
down €21,356 (-8.7%), from €246,374 to €225,017
of which Land and buildings: -€11,618
- Cash +€19,672
up €19,672 (+24.9%), from €79,146 to €98,818
mainly Depreciation (+€14,972) and Receivables within one year (+€11,803)
- Receivables within one year -€11,803
down €11,803 (-32.1%), from €36,820 to €25,016
of which Trade receivables: -€14,643
- Reserves -€15,000
down €15,000 (-5.7%), from €263,200 to €248,200
of which Distributable reserves: -€15,000
- Profit (loss) carried forward -€11,264
down €11,264 (-35.5%), from €31,697 to €20,433
- Tax, wage and social debts +€6,596
up €6,596 (+132%), from €5,000 to €11,596
of which Taxes: +€8,596
- Trade debts +€4,093
up €4,093 (+59.1%), from €6,924 to €11,016
- Gross operating margin -€97,031
down €97,031 (-91.9%), from €105,576 to €8,545
- Depreciation -€20,895
down €20,895 (-58.3%), from €35,867 to €14,972
- Taxes -€17,149
down €17,149 (-89.4%), from €19,184 to €2,035
- Financial charges -€4,103
down €4,103 (-95.2%), from €4,312 to €209
- Other operating charges -€2,720
down €2,720 (-44.3%), from €6,143 to €3,423
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 | €368,924 | €354,907 | -€14,017 | -3.8% |
| Fixed assets | 21/28 | €246,374 | €225,017 | -€21,356 | -8.7% |
| Tangible fixed assets | 22/27 | €246,374 | €225,017 | -€21,356 | -8.7% |
| Land and buildings | 22 | €227,122 | €215,504 | -€11,618 | -5.1% |
| Plant, machinery and equipment | 23 | €3,559 | €2,729 | -€830 | -23.3% |
| Furniture and vehicles | 24 | €3,668 | €2,510 | -€1,158 | -31.6% |
| Other tangible fixed assets | 26 | €12,025 | €4,275 | -€7,750 | -64.4% |
| Current assets | 29/58 | €122,550 | €129,890 | +€7,340 | +6.0% |
| Amounts receivable within one year | 40/41 | €36,820 | €25,016 | -€11,803 | -32.1% |
| Trade receivables | 40 | €24,328 | €9,685 | -€14,643 | -60.2% |
| Other amounts receivable | 41 | €12,491 | €15,331 | +€2,840 | +22.7% |
| Cash at bank and in hand | 54/58 | €79,146 | €98,818 | +€19,672 | +24.9% |
| Deferred charges and accrued income | 490/1 | €6,585 | €6,055 | -€529 | -8.0% |
| Total equity and liabilities | 10/49 | €368,924 | €354,907 | -€14,017 | -3.8% |
| Equity | 10/15 | €356,897 | €330,633 | -€26,264 | -7.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €263,200 | €248,200 | -€15,000 | -5.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €257,000 | €242,000 | -€15,000 | -5.8% |
| Profit (loss) carried forward | 14 | €31,697 | €20,433 | -€11,264 | -35.5% |
| Amounts payable | 17/49 | €12,027 | €24,274 | +€12,247 | +102% |
| Amounts payable within one year | 42/48 | €12,027 | €22,716 | +€10,689 | +88.9% |
| Trade debts | 44 | €6,924 | €11,016 | +€4,093 | +59.1% |
| Suppliers | 440/4 | €6,924 | €11,016 | +€4,093 | +59.1% |
| Taxes, remuneration and social security | 45 | €5,000 | €11,596 | +€6,596 | +132% |
| Taxes | 450/3 | €3,000 | €11,596 | +€8,596 | +287% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Other amounts payable | 47/48 | €103 | €103 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,558 | +€1,558 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,867 | €14,972 | -€20,895 | -58.3% |
| Other operating charges | 640/8 | €6,143 | €3,423 | -€2,720 | -44.3% |
| Gross operating margin | 9900 | €105,576 | €8,545 | -€97,031 | -91.9% |
| Operating profit (loss) | 9901 | €63,566 | -€9,850 | -€73,416 | |
| Financial income | 75/76B | €1,183 | €831 | -€352 | -29.8% |
| Recurring financial income | 75 | €1,183 | €831 | -€352 | -29.8% |
| Financial charges | 65/66B | €4,312 | €209 | -€4,103 | -95.2% |
| Recurring financial charges | 65 | €4,312 | €209 | -€4,103 | -95.2% |
| Profit (loss) for the period before taxes | 9903 | €60,436 | -€9,229 | -€69,665 | |
| Income taxes | 67/77 | €19,184 | €2,035 | -€17,149 | -89.4% |
| Profit (loss) for the period | 9904 | €41,253 | -€11,264 | -€52,516 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,253 | -€11,264 | -€52,516 |
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 18 October 2026 via checked.be.