RAMU MECANIQUE: 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.
RAMU MECANIQUE
Largest movements
- Cash +€106,794
up €106,794 (+2,030%), from €5,262 to €112,056
mainly Trade debts (+€69,759) and Debts after one year (+€62,748)
- Tangible fixed assets +€70,999
up €70,999 (+293%), from €24,212 to €95,211
of which Furniture and vehicles: +€44,619
- Receivables within one year -€34,845
down €34,845 (-33.3%), from €104,614 to €69,770
of which Trade receivables: -€45,976
- Stocks and contracts -€13,490
down €13,490 (-10.0%), from €135,234 to €121,744
- Trade debts +€69,759
up €69,759 (+66.6%), from €104,790 to €174,550
- Debts after one year +€62,748
up €62,748 (+165%), from €38,000 to €100,748
- Reserves -€30,032
down €30,032 (-57.4%), from €52,351 to €22,319
of which Distributable reserves: -€30,032
- Tax, wage and social debts -€17,031
down €17,031 (-39.6%), from €42,959 to €25,928
of which Taxes: -€20,741
- Current portion of long-term debt +€16,814
up €16,814 (+280%), from €6,000 to €22,814
- Gross operating margin -€118,270
down €118,270 (-81.3%), from €145,399 to €27,128
- Taxes -€22,890
down €22,890 (-100.0%), from €22,891 to €1
- Financial charges +€18,660
up €18,660 (+535%), from €3,491 to €22,151
- Staff costs -€8,345
down €8,345 (-29.0%), from €28,732 to €20,387
- Depreciation +€5,203
up €5,203 (+49.2%), from €10,581 to €15,783
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 | €271,492 | €401,038 | +€129,545 | +47.7% |
| Fixed assets | 21/28 | €24,332 | €95,331 | +€70,999 | +292% |
| Tangible fixed assets | 22/27 | €24,212 | €95,211 | +€70,999 | +293% |
| Plant, machinery and equipment | 23 | €23,126 | €49,506 | +€26,380 | +114% |
| Furniture and vehicles | 24 | €1,086 | €45,705 | +€44,619 | +4,109% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €247,160 | €305,706 | +€58,546 | +23.7% |
| Stocks and contracts in progress | 3 | €135,234 | €121,744 | -€13,490 | -10.0% |
| Stocks | 30/36 | €135,234 | €121,744 | -€13,490 | -10.0% |
| Amounts receivable within one year | 40/41 | €104,614 | €69,770 | -€34,845 | -33.3% |
| Trade receivables | 40 | €97,736 | €51,760 | -€45,976 | -47.0% |
| Other amounts receivable | 41 | €6,879 | €18,009 | +€11,131 | +162% |
| Cash at bank and in hand | 54/58 | €5,262 | €112,056 | +€106,794 | +2,030% |
| Deferred charges and accrued income | 490/1 | €2,050 | €2,137 | +€87 | +4.2% |
| Total equity and liabilities | 10/49 | €271,492 | €401,038 | +€129,545 | +47.7% |
| Equity | 10/15 | €64,851 | €34,819 | -€30,032 | -46.3% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €52,351 | €22,319 | -€30,032 | -57.4% |
| Non-distributable reserves | 130/1 | €839 | €839 | = | 0.0% |
| Reserves not available under the articles | 1311 | €839 | €839 | = | 0.0% |
| Distributable reserves | 133 | €51,513 | €21,480 | -€30,032 | -58.3% |
| Amounts payable | 17/49 | €206,641 | €366,219 | +€159,578 | +77.2% |
| Amounts payable after more than one year | 17 | €38,000 | €100,748 | +€62,748 | +165% |
| Financial debts | 170/4 | €38,000 | €100,748 | +€62,748 | +165% |
| Amounts payable within one year | 42/48 | €165,041 | €249,119 | +€84,078 | +50.9% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €22,814 | +€16,814 | +280% |
| Trade debts | 44 | €104,790 | €174,550 | +€69,759 | +66.6% |
| Suppliers | 440/4 | €104,790 | €174,550 | +€69,759 | +66.6% |
| Advances received on contracts in progress | 46 | - | €9,752 | +€9,752 | |
| Taxes, remuneration and social security | 45 | €42,959 | €25,928 | -€17,031 | -39.6% |
| Taxes | 450/3 | €37,076 | €16,335 | -€20,741 | -55.9% |
| Remuneration and social security | 454/9 | €5,883 | €9,594 | +€3,711 | +63.1% |
| Other amounts payable | 47/48 | €11,292 | €16,075 | +€4,783 | +42.4% |
| Accrued charges and deferred income | 492/3 | €3,600 | €16,352 | +€12,752 | +354% |
| Remuneration, social security and pensions | 62 | €28,732 | €20,387 | -€8,345 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,581 | €15,783 | +€5,203 | +49.2% |
| Other operating charges | 640/8 | €1,974 | €339 | -€1,634 | -82.8% |
| Gross operating margin | 9900 | €145,399 | €27,128 | -€118,270 | -81.3% |
| Operating profit (loss) | 9901 | €104,112 | -€9,381 | -€113,494 | |
| Financial income | 75/76B | €4,968 | €1,500 | -€3,468 | -69.8% |
| Recurring financial income | 75 | €4,968 | €1,500 | -€3,468 | -69.8% |
| Financial charges | 65/66B | €3,491 | €22,151 | +€18,660 | +535% |
| Recurring financial charges | 65 | €3,491 | €22,151 | +€18,660 | +535% |
| Profit (loss) for the period before taxes | 9903 | €105,590 | -€30,032 | -€135,621 | |
| Income taxes | 67/77 | €22,891 | €1 | -€22,890 | -100.0% |
| Profit (loss) for the period | 9904 | €82,699 | -€30,032 | -€112,732 | |
| Profit (loss) for the period to be appropriated | 9905 | €82,699 | -€30,032 | -€112,732 |
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.