De Ridder: what changed
Two fiscal 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.
De Ridder
Largest movements
- Cash -€8,344
down €8,344 (-5.0%), from €167,381 to €159,037
mainly Investment in fixed assets (net) (-€16,916) and Net result for the year (-€11,615)
- Profit (loss) carried forward -€10,256
down €10,256 (-7.0%), from -€146,877 to -€157,133
- Gross operating margin +€12,841
up €12,841, from -€4,096 to €8,745
- Depreciation -€5,383
down €5,383 (-22.5%), from €23,874 to €18,490
- Other operating charges +€192
up €192 (+7.4%), from €2,605 to €2,797
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 | €334,229 | €321,827 | -€12,402 | -3.7% |
| Fixed assets | 21/28 | €161,365 | €159,791 | -€1,574 | -1.0% |
| Tangible fixed assets | 22/27 | €161,365 | €159,791 | -€1,574 | -1.0% |
| Land and buildings | 22 | €110,405 | €122,854 | +€12,450 | +11.3% |
| Plant, machinery and equipment | 23 | €576 | €221 | -€355 | -61.7% |
| Furniture and vehicles | 24 | €50,384 | €36,716 | -€13,668 | -27.1% |
| Current assets | 29/58 | €172,864 | €162,036 | -€10,828 | -6.3% |
| Amounts receivable within one year | 40/41 | €5,483 | €2,843 | -€2,640 | -48.2% |
| Trade receivables | 40 | €50 | €50 | = | 0.0% |
| Other amounts receivable | 41 | €5,433 | €2,793 | -€2,640 | -48.6% |
| Cash at bank and in hand | 54/58 | €167,381 | €159,037 | -€8,344 | -5.0% |
| Deferred charges and accrued income | 490/1 | - | €156 | +€156 | |
| Total equity and liabilities | 10/49 | €334,229 | €321,827 | -€12,402 | -3.7% |
| Equity | 10/15 | €331,435 | €319,820 | -€11,615 | -3.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €459,720 | €458,361 | -€1,360 | -0.3% |
| Tax-exempt reserves | 132 | €12,147 | €10,788 | -€1,360 | -11.2% |
| Distributable reserves | 133 | €447,573 | €447,573 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,877 | -€157,133 | -€10,256 | -7.0% |
| Provisions and deferred taxes | 16 | €700 | €0 | -€700 | -100.0% |
| Deferred taxes | 168 | €700 | €0 | -€700 | -100.0% |
| Amounts payable | 17/49 | €2,094 | €2,007 | -€86 | -4.1% |
| Amounts payable within one year | 42/48 | €2,094 | €2,007 | -€86 | -4.1% |
| Trade debts | 44 | €2,094 | €2,007 | -€86 | -4.1% |
| Suppliers | 440/4 | €2,094 | €2,007 | -€86 | -4.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,874 | €18,490 | -€5,383 | -22.5% |
| Other operating charges | 640/8 | €2,605 | €2,797 | +€192 | +7.4% |
| Non-recurring operating charges | 66A | €9,700 | €0 | -€9,700 | -100.0% |
| Gross operating margin | 9900 | -€4,096 | €8,745 | +€12,841 | |
| Operating profit (loss) | 9901 | -€40,275 | -€12,542 | +€27,733 | +68.9% |
| Financial income | 75/76B | €498 | €525 | +€27 | +5.4% |
| Recurring financial income | 75 | €498 | €525 | +€27 | +5.4% |
| Financial charges | 65/66B | €155 | €188 | +€33 | +21.0% |
| Recurring financial charges | 65 | €155 | €188 | +€33 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | -€39,931 | -€12,205 | +€27,727 | +69.4% |
| Transfer from deferred taxes | 780 | €4,479 | €700 | -€3,778 | -84.4% |
| Income taxes | 67/77 | €150 | €111 | -€38 | -25.6% |
| Profit (loss) for the period | 9904 | -€35,602 | -€11,615 | +€23,987 | +67.4% |
| Transfer from tax-exempt reserves | 789 | €8,694 | €1,360 | -€7,334 | -84.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,909 | -€10,256 | +€16,653 | +61.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.