Arne Ribbens: 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.
Arne Ribbens
Largest movements
- Tangible fixed assets +€23,528
up €23,528 (+712.8%), from €3,301 to €26,829
of which Furniture and vehicles: +€22,820
- Cash -€13,500
down €13,500 (-48.5%), from €27,851 to €14,350
mainly Investment in fixed assets (net) (-€30,113) and Tax, wage and social debts (-€3,172)
- Receivables within one year -€3,097
down €3,097 (-57.6%), from €5,379 to €2,282
of which Trade receivables: -€4,206
- Deferred charges and accrued income -€746
down €746 (-88.5%), from €843 to €97
- Debts after one year +€7,531
new in 2025: €7,531
- Tax, wage and social debts -€3,172
down €3,172 (-43.8%), from €7,247 to €4,076
of which Remuneration and social security: -€2,657
- Reserves +€1,314
up €1,314 (+8.1%), from €16,249 to €17,563
- Gross operating margin -€13,070
down €13,070 (-56.6%), from €23,089 to €10,018
- Depreciation +€5,246
up €5,246 (+391.6%), from €1,339 to €6,585
- Taxes -€3,618
down €3,618 (-80.3%), from €4,503 to €886
- Financial charges +€657
up €657 (+1160.5%), from €57 to €714
- Other operating charges -€420
down €420 (-44.7%), from €940 to €520
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.
Cash bridge derived
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 | €37,374 | €43,559 | +€6,185 | +16.5% |
| Fixed assets | 21/28 | €3,301 | €26,829 | +€23,528 | +712.8% |
| Tangible fixed assets | 22/27 | €3,301 | €26,829 | +€23,528 | +712.8% |
| Plant, machinery and equipment | 23 | - | €708 | +€708 | |
| Furniture and vehicles | 24 | €3,301 | €26,121 | +€22,820 | +691.3% |
| Current assets | 29/58 | €34,073 | €16,730 | -€17,343 | -50.9% |
| Amounts receivable within one year | 40/41 | €5,379 | €2,282 | -€3,097 | -57.6% |
| Trade receivables | 40 | €4,878 | €672 | -€4,206 | -86.2% |
| Other amounts receivable | 41 | €501 | €1,611 | +€1,110 | +221.5% |
| Cash at bank and in hand | 54/58 | €27,851 | €14,350 | -€13,500 | -48.5% |
| Deferred charges and accrued income | 490/1 | €843 | €97 | -€746 | -88.5% |
| Total equity and liabilities | 10/49 | €37,374 | €43,559 | +€6,185 | +16.5% |
| Equity | 10/15 | €19,249 | €20,563 | +€1,314 | +6.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,249 | €17,563 | +€1,314 | +8.1% |
| Distributable reserves | 133 | €16,249 | €17,563 | +€1,314 | +8.1% |
| Amounts payable | 17/49 | €18,124 | €22,996 | +€4,871 | +26.9% |
| Amounts payable after more than one year | 17 | - | €7,531 | +€7,531 | |
| Financial debts | 170/4 | - | €7,531 | +€7,531 | |
| Amounts payable within one year | 42/48 | €17,329 | €14,639 | -€2,690 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €5,428 | +€428 | +8.6% |
| Trade debts | 44 | - | €76 | +€76 | |
| Suppliers | 440/4 | - | €76 | +€76 | |
| Taxes, remuneration and social security | 45 | €7,247 | €4,076 | -€3,172 | -43.8% |
| Taxes | 450/3 | €4,590 | €4,076 | -€514 | -11.2% |
| Remuneration and social security | 454/9 | €2,657 | €0 | -€2,657 | -100.0% |
| Other amounts payable | 47/48 | €5,082 | €5,060 | -€22 | -0.4% |
| Accrued charges and deferred income | 492/3 | €795 | €825 | +€30 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,339 | €6,585 | +€5,246 | +391.6% |
| Other operating charges | 640/8 | €940 | €520 | -€420 | -44.7% |
| Gross operating margin | 9900 | €23,089 | €10,018 | -€13,070 | -56.6% |
| Operating profit (loss) | 9901 | €20,809 | €2,913 | -€17,896 | -86.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €57 | €714 | +€657 | +1160.5% |
| Recurring financial charges | 65 | €57 | €714 | +€657 | +1160.5% |
| Profit (loss) for the period before taxes | 9903 | €20,753 | €2,200 | -€18,553 | -89.4% |
| Income taxes | 67/77 | €4,503 | €886 | -€3,618 | -80.3% |
| Profit (loss) for the period | 9904 | €16,249 | €1,314 | -€14,936 | -91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,249 | €1,314 | -€14,936 | -91.9% |
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 9 October 2026 via checked.be.