BELGIUM RIDE: 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.
BELGIUM RIDE
Largest movements
- Receivables within one year +€83,501
up €83,501 (+1,721%), from €4,851 to €88,352
of which Trade receivables: +€83,501
- Profit (loss) carried forward +€44,897
up €44,897, from -€585 to €44,312
- Trade debts +€24,536
up €24,536 (+134%), from €18,327 to €42,863
- Tax, wage and social debts +€11,005
new in 2025: €11,005
of which Taxes: +€8,211
- Other debts +€2,995
up €2,995 (+5,083%), from €59 to €3,054
- Turnover +€118,534
new in 2025: €118,534
- Purchases and services +€69,866
up €69,866 (+37,005%), from €189 to €70,055
- Gross operating margin +€48,668
up €48,668, from -€189 to €48,479
- Staff costs +€2,798
new in 2025: €2,798
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 | €27,652 | €111,084 | +€83,432 | +302% |
| Fixed assets | 21/28 | €22,732 | €22,732 | -€0 | 0.0% |
| Tangible fixed assets | 22/27 | €22,732 | €22,732 | -€0 | 0.0% |
| Furniture and vehicles | 24 | €22,732 | €22,732 | -€0 | 0.0% |
| Current assets | 29/58 | €4,920 | €88,352 | +€83,432 | +1,696% |
| Amounts receivable within one year | 40/41 | €4,851 | €88,352 | +€83,501 | +1,721% |
| Trade receivables | 40 | - | €83,501 | +€83,501 | |
| Other amounts receivable | 41 | €4,851 | €4,851 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €69 | - | -€69 | |
| Total equity and liabilities | 10/49 | €27,652 | €111,084 | +€83,432 | +302% |
| Equity | 10/15 | €9,265 | €54,162 | +€44,897 | +485% |
| Contributions | 10/11 | €9,850 | €9,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€585 | €44,312 | +€44,897 | |
| Amounts payable | 17/49 | €18,386 | €56,922 | +€38,536 | +210% |
| Amounts payable within one year | 42/48 | €18,386 | €56,922 | +€38,536 | +210% |
| Trade debts | 44 | €18,327 | €42,863 | +€24,536 | +134% |
| Suppliers | 440/4 | €18,327 | €42,863 | +€24,536 | +134% |
| Taxes, remuneration and social security | 45 | - | €11,005 | +€11,005 | |
| Taxes | 450/3 | - | €8,211 | +€8,211 | |
| Remuneration and social security | 454/9 | - | €2,794 | +€2,794 | |
| Other amounts payable | 47/48 | €59 | €3,054 | +€2,995 | +5,083% |
| Turnover | 70 | - | €118,534 | +€118,534 | |
| Goods, raw materials, services and sundry goods | 60/61 | €189 | €70,055 | +€69,866 | +37,005% |
| Remuneration, social security and pensions | 62 | - | €2,798 | +€2,798 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €367 | - | -€367 | |
| Other operating charges | 640/8 | - | €783 | +€783 | |
| Gross operating margin | 9900 | -€189 | €48,479 | +€48,668 | |
| Operating profit (loss) | 9901 | -€556 | €44,898 | +€45,454 | |
| Financial charges | 65/66B | €29 | €1 | -€28 | -96.5% |
| Recurring financial charges | 65 | €29 | €1 | -€28 | -96.5% |
| Profit (loss) for the period before taxes | 9903 | -€585 | €44,897 | +€45,482 | |
| Profit (loss) for the period | 9904 | -€585 | €44,897 | +€45,482 | |
| Profit (loss) for the period to be appropriated | 9905 | -€585 | €44,897 | +€45,482 |
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 24 October 2026 via checked.be.