RAMY: 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.
RAMY
Largest movements
- Receivables within one year +€16,520
up €16,520 (+125%), from €13,176 to €29,696
of which Trade receivables: +€19,337
- Tangible fixed assets -€16,315
down €16,315 (-63.8%), from €25,554 to €9,239
- Cash +€1,867
up €1,867 (+125%), from €1,489 to €3,356
mainly Investment in fixed assets (net) (+€13,587) and Tax, wage and social debts (+€5,663)
- Profit (loss) carried forward -€8,768
down €8,768 (-43.2%), from €20,309 to €11,541
- Tax, wage and social debts +€5,663
up €5,663 (+489%), from €1,158 to €6,821
of which Remuneration and social security: +€5,416
- Trade debts +€5,177
new in 2025: €5,177
- Staff costs -€8,402
down €8,402 (-50.4%), from €16,663 to €8,261
- Other operating charges +€7,137
new in 2025: €7,137
- Depreciation -€5,789
down €5,789 (-68.0%), from €8,517 to €2,728
- Gross operating margin -€5,421
down €5,421 (-31.0%), from €17,515 to €12,094
- Taxes +€2,736
new in 2025: €2,736
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 | €40,219 | €42,291 | +€2,072 | +5.2% |
| Fixed assets | 21/28 | €25,554 | €9,239 | -€16,315 | -63.8% |
| Tangible fixed assets | 22/27 | €25,554 | €9,239 | -€16,315 | -63.8% |
| Furniture and vehicles | 24 | €25,554 | €9,239 | -€16,315 | -63.8% |
| Current assets | 29/58 | €14,665 | €33,052 | +€18,387 | +125% |
| Amounts receivable within one year | 40/41 | €13,176 | €29,696 | +€16,520 | +125% |
| Trade receivables | 40 | €5,670 | €25,007 | +€19,337 | +341% |
| Other amounts receivable | 41 | €7,506 | €4,689 | -€2,817 | -37.5% |
| Cash at bank and in hand | 54/58 | €1,489 | €3,356 | +€1,867 | +125% |
| Total equity and liabilities | 10/49 | €40,219 | €42,291 | +€2,072 | +5.2% |
| Equity | 10/15 | €39,061 | €30,293 | -€8,768 | -22.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €160 | €160 | = | 0.0% |
| Non-distributable reserves | 130/1 | €160 | €160 | = | 0.0% |
| Reserves not available under the articles | 1311 | €160 | €160 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,309 | €11,541 | -€8,768 | -43.2% |
| Amounts payable | 17/49 | €1,158 | €11,998 | +€10,840 | +936% |
| Amounts payable within one year | 42/48 | €1,158 | €11,998 | +€10,840 | +936% |
| Trade debts | 44 | - | €5,177 | +€5,177 | |
| Suppliers | 440/4 | - | €5,177 | +€5,177 | |
| Taxes, remuneration and social security | 45 | €1,158 | €6,821 | +€5,663 | +489% |
| Taxes | 450/3 | €351 | €598 | +€247 | +70.4% |
| Remuneration and social security | 454/9 | €807 | €6,223 | +€5,416 | +671% |
| Remuneration, social security and pensions | 62 | €16,663 | €8,261 | -€8,402 | -50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,517 | €2,728 | -€5,789 | -68.0% |
| Other operating charges | 640/8 | - | €7,137 | +€7,137 | |
| Gross operating margin | 9900 | €17,515 | €12,094 | -€5,421 | -31.0% |
| Operating profit (loss) | 9901 | -€7,665 | -€6,032 | +€1,633 | +21.3% |
| Financial charges | 65/66B | €117 | - | -€117 | |
| Recurring financial charges | 65 | €117 | - | -€117 | |
| Profit (loss) for the period before taxes | 9903 | -€7,782 | -€6,032 | +€1,750 | +22.5% |
| Income taxes | 67/77 | - | €2,736 | +€2,736 | |
| Profit (loss) for the period | 9904 | -€7,782 | -€8,768 | -€986 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,782 | -€8,768 | -€986 | -12.7% |
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 22 October 2026 via checked.be.