De Ridder Law: 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.
De Ridder Law
Largest movements
- Cash +€50,818
up €50,818 (+107%), from €47,332 to €98,151
mainly Net result for the year (+€43,877) and Receivables within one year (+€9,809)
- Receivables within one year -€9,809
down €9,809 (-49.2%), from €19,938 to €10,129
- Reserves +€40,000
up €40,000 (+100%), from €40,000 to €80,000
- Profit (loss) carried forward +€3,877
up €3,877 (+40.0%), from €9,683 to €13,560
- Other debts -€2,530
down €2,530 (-89.9%), from €2,813 to €283
- Gross operating margin -€6,200
down €6,200 (-9.1%), from €68,046 to €61,846
- Taxes -€929
down €929 (-5.3%), from €17,702 to €16,773
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 | €73,584 | €114,892 | +€41,308 | +56.1% |
| Fixed assets | 21/28 | €5,981 | €6,285 | +€304 | +5.1% |
| Tangible fixed assets | 22/27 | €773 | €1,077 | +€304 | +39.3% |
| Furniture and vehicles | 24 | €773 | €1,077 | +€304 | +39.3% |
| Financial fixed assets | 28 | €5,208 | €5,208 | = | 0.0% |
| Current assets | 29/58 | €67,603 | €108,608 | +€41,004 | +60.7% |
| Amounts receivable within one year | 40/41 | €19,938 | €10,129 | -€9,809 | -49.2% |
| Trade receivables | 40 | €19,938 | €10,129 | -€9,809 | -49.2% |
| Cash at bank and in hand | 54/58 | €47,332 | €98,151 | +€50,818 | +107% |
| Deferred charges and accrued income | 490/1 | €333 | €328 | -€5 | -1.6% |
| Total equity and liabilities | 10/49 | €73,584 | €114,892 | +€41,308 | +56.1% |
| Equity | 10/15 | €52,683 | €96,560 | +€43,877 | +83.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €80,000 | +€40,000 | +100% |
| Distributable reserves | 133 | €40,000 | €80,000 | +€40,000 | +100% |
| Profit (loss) carried forward | 14 | €9,683 | €13,560 | +€3,877 | +40.0% |
| Amounts payable | 17/49 | €20,901 | €18,332 | -€2,569 | -12.3% |
| Amounts payable within one year | 42/48 | €20,901 | €18,332 | -€2,569 | -12.3% |
| Trade debts | 44 | €182 | €380 | +€199 | +110% |
| Suppliers | 440/4 | €182 | €380 | +€199 | +110% |
| Taxes, remuneration and social security | 45 | €17,906 | €17,669 | -€238 | -1.3% |
| Taxes | 450/3 | €17,906 | €17,669 | -€238 | -1.3% |
| Other amounts payable | 47/48 | €2,813 | €283 | -€2,530 | -89.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173 | €498 | +€326 | +189% |
| Other operating charges | 640/8 | €488 | €698 | +€210 | +43.1% |
| Gross operating margin | 9900 | €68,046 | €61,846 | -€6,200 | -9.1% |
| Operating profit (loss) | 9901 | €67,385 | €60,650 | -€6,735 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €67,385 | €60,650 | -€6,735 | -10.0% |
| Income taxes | 67/77 | €17,702 | €16,773 | -€929 | -5.3% |
| Profit (loss) for the period | 9904 | €49,683 | €43,877 | -€5,806 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €49,683 | €43,877 | -€5,806 | -11.7% |
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 26 October 2026 via checked.be.