RAMSON: 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.
RAMSON
Largest movements
- Receivables within one year +€138,537
up €138,537 (+107%), from €128,970 to €267,507
of which Trade receivables: +€93,170
- Cash +€63,802
up €63,802 (+45.1%), from €141,608 to €205,409
mainly Net result for the year (+€261,941) and Other debts (+€129,451)
- Other debts +€129,451
up €129,451 (+97.7%), from €132,490 to €261,941
- Tax, wage and social debts +€59,338
up €59,338 (+104%), from €56,937 to €116,275
- Trade debts +€21,671
up €21,671 (+52.2%), from €41,529 to €63,200
- Debts after one year -€8,880
no longer reported in 2025 (was €8,880)
- Gross operating margin +€169,430
up €169,430 (+85.6%), from €197,999 to €367,428
- Taxes +€40,140
up €40,140 (+86.3%), from €46,493 to €86,633
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 | €271,336 | €472,916 | +€201,580 | +74.3% |
| Fixed assets | 21/28 | €758 | - | -€758 | |
| Tangible fixed assets | 22/27 | €758 | - | -€758 | |
| Furniture and vehicles | 24 | €758 | - | -€758 | |
| Current assets | 29/58 | €270,578 | €472,916 | +€202,338 | +74.8% |
| Amounts receivable within one year | 40/41 | €128,970 | €267,507 | +€138,537 | +107% |
| Trade receivables | 40 | €68,970 | €162,140 | +€93,170 | +135% |
| Other amounts receivable | 41 | €60,000 | €105,367 | +€45,367 | +75.6% |
| Cash at bank and in hand | 54/58 | €141,608 | €205,409 | +€63,802 | +45.1% |
| Total equity and liabilities | 10/49 | €271,336 | €472,916 | +€201,580 | +74.3% |
| Equity | 10/15 | €31,500 | €31,500 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,500 | €26,500 | = | 0.0% |
| Distributable reserves | 133 | €26,500 | €26,500 | = | 0.0% |
| Amounts payable | 17/49 | €239,836 | €441,416 | +€201,580 | +84.0% |
| Amounts payable after more than one year | 17 | €8,880 | - | -€8,880 | |
| Financial debts | 170/4 | €8,880 | - | -€8,880 | |
| Amounts payable within one year | 42/48 | €230,956 | €441,416 | +€210,460 | +91.1% |
| Trade debts | 44 | €41,529 | €63,200 | +€21,671 | +52.2% |
| Suppliers | 440/4 | €41,529 | €63,200 | +€21,671 | +52.2% |
| Taxes, remuneration and social security | 45 | €56,937 | €116,275 | +€59,338 | +104% |
| Taxes | 450/3 | €56,937 | €116,275 | +€59,338 | +104% |
| Other amounts payable | 47/48 | €132,490 | €261,941 | +€129,451 | +97.7% |
| Remuneration, social security and pensions | 62 | €18,000 | €18,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €738 | €758 | +€20 | +2.8% |
| Other operating charges | 640/8 | €180 | - | -€180 | |
| Gross operating margin | 9900 | €197,999 | €367,428 | +€169,430 | +85.6% |
| Operating profit (loss) | 9901 | €179,080 | €348,670 | +€169,590 | +94.7% |
| Financial charges | 65/66B | €97 | €96 | -€1 | -1.3% |
| Recurring financial charges | 65 | €97 | €96 | -€1 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €178,984 | €348,575 | +€169,591 | +94.8% |
| Income taxes | 67/77 | €46,493 | €86,633 | +€40,140 | +86.3% |
| Profit (loss) for the period | 9904 | €132,490 | €261,941 | +€129,451 | +97.7% |
| Profit (loss) for the period to be appropriated | 9905 | €132,490 | €261,941 | +€129,451 | +97.7% |
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 21 October 2026 via checked.be.