RAMANO: 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.
RAMANO
Largest movements
- Receivables within one year +€12,124
up €12,124 (+45.5%), from €26,647 to €38,771
of which Trade receivables: +€11,874
- Tangible fixed assets +€10,863
up €10,863 (+1,005%), from €1,080 to €11,943
- Cash -€4,706
down €4,706 (-32.4%), from €14,525 to €9,819
mainly Other debts (-€20,160) and Investment in fixed assets (net) (-€13,500)
- Deferred charges and accrued income +€3,446
up €3,446 (+6,119%), from €56 to €3,502
- Profit (loss) carried forward +€23,730
up €23,730 (+176%), from €13,497 to €37,228
- Other debts -€20,160
down €20,160 (-99.4%), from €20,286 to €126
- Tax, wage and social debts +€8,424
up €8,424 (+243%), from €3,460 to €11,883
of which Taxes: +€9,324
- Accrued charges and deferred income +€6,607
new in 2025: €6,607
- Trade debts +€3,126
up €3,126 (+34.5%), from €9,066 to €12,192
- Gross operating margin +€12,470
up €12,470 (+53.4%), from €23,372 to €35,842
- Taxes +€5,877
up €5,877 (+780%), from €754 to €6,631
- Depreciation +€1,751
up €1,751 (+197%), from €887 to €2,637
- Staff costs -€1,379
down €1,379 (-33.2%), from €4,149 to €2,770
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 | €51,308 | €73,035 | +€21,726 | +42.3% |
| Fixed assets | 21/28 | €10,080 | €20,943 | +€10,863 | +108% |
| Tangible fixed assets | 22/27 | €1,080 | €11,943 | +€10,863 | +1,005% |
| Furniture and vehicles | 24 | €1,080 | €11,943 | +€10,863 | +1,005% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €41,228 | €52,092 | +€10,864 | +26.4% |
| Amounts receivable within one year | 40/41 | €26,647 | €38,771 | +€12,124 | +45.5% |
| Trade receivables | 40 | €26,647 | €38,521 | +€11,874 | +44.6% |
| Other amounts receivable | 41 | €0 | €250 | +€250 | |
| Cash at bank and in hand | 54/58 | €14,525 | €9,819 | -€4,706 | -32.4% |
| Deferred charges and accrued income | 490/1 | €56 | €3,502 | +€3,446 | +6,119% |
| Total equity and liabilities | 10/49 | €51,308 | €73,035 | +€21,726 | +42.3% |
| Equity | 10/15 | €18,497 | €42,228 | +€23,730 | +128% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,497 | €37,228 | +€23,730 | +176% |
| Amounts payable | 17/49 | €32,811 | €30,807 | -€2,004 | -6.1% |
| Amounts payable within one year | 42/48 | €32,811 | €24,201 | -€8,610 | -26.2% |
| Trade debts | 44 | €9,066 | €12,192 | +€3,126 | +34.5% |
| Suppliers | 440/4 | €9,066 | €12,192 | +€3,126 | +34.5% |
| Taxes, remuneration and social security | 45 | €3,460 | €11,883 | +€8,424 | +243% |
| Taxes | 450/3 | €1,534 | €10,858 | +€9,324 | +608% |
| Remuneration and social security | 454/9 | €1,925 | €1,025 | -€900 | -46.7% |
| Other amounts payable | 47/48 | €20,286 | €126 | -€20,160 | -99.4% |
| Accrued charges and deferred income | 492/3 | - | €6,607 | +€6,607 | |
| Remuneration, social security and pensions | 62 | €4,149 | €2,770 | -€1,379 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €887 | €2,637 | +€1,751 | +197% |
| Gross operating margin | 9900 | €23,372 | €35,842 | +€12,470 | +53.4% |
| Operating profit (loss) | 9901 | €18,336 | €30,435 | +€12,099 | +66.0% |
| Financial income | 75/76B | €0 | €33 | +€32 | +162,400% |
| Recurring financial income | 75 | €0 | €33 | +€32 | +162,400% |
| Non-recurring financial income | 76B | €0 | €33 | +€32 | +162,400% |
| Financial charges | 65/66B | €99 | €106 | +€7 | +6.9% |
| Recurring financial charges | 65 | €99 | €106 | +€7 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €18,238 | €30,362 | +€12,124 | +66.5% |
| Income taxes | 67/77 | €754 | €6,631 | +€5,877 | +780% |
| Profit (loss) for the period | 9904 | €17,484 | €23,730 | +€6,247 | +35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,484 | €23,730 | +€6,247 | +35.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.