GARAGE RIBBENS: what changed
What changed
GARAGE RIBBENS
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
-€6,260
2024 · -€3,251-€3,008
Equity
€991,863
2024 · €1.8m-€833,611
Cash
€458,002
2024 · €972,697-€514,695
Balance sheet total
€1.8m
2024 · €1.9m-€120,967
Largest movements
Assets
- Cash -€514,695
down €514,695 (-52.9%), from €972,697 to €458,002
mainly Contributions, distributions and other (-€827,351) and Current investments (-€433,879)
- Current investments +€433,879
up €433,879 (+64.5%), from €672,277 to €1.1m
- Receivables within one year -€69,622
down €69,622 (-87.2%), from €79,828 to €10,206
of which Trade receivables: -€72,172
- Deferred charges and accrued income +€56,451
up €56,451 (+6,196%), from €911 to €57,362
Equity and liabilities
- Reserves -€827,351
down €827,351 (-45.7%), from €1.8m to €982,782
of which Distributable reserves: -€827,351
- Other debts +€696,021
up €696,021 (+2,688%), from €25,889 to €721,910
Income statement
- Write-downs +€70,108
new in 2025: €70,108
- Financial income +€63,210
up €63,210 (+921%), from €6,862 to €70,072
- Taxes -€2,773
no longer reported in 2025 (was €2,773)
- Gross operating margin +€1,646
up €1,646 (+5.1%), from €32,081 to €33,727
- Depreciation -€838
down €838 (-8.7%), from €9,654 to €8,816
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€3,251
Gross operating margin
+€1,646
Depreciation
+€838
Write-downs
-€70,108
Provisions
-€176
Other operating charges
+€812
Other operating items
-€1,530
Financial income
+€63,210
Financial charges
-€473
Taxes
+€2,773
Result 2025
-€6,260
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€745,005
Investment
-€432,349
Financing
-€827,351
Cash 2024
€972,697
From operations (derived)
+€745,005
Net result for the year
-€6,260
Depreciation
+€8,816
Stocks and contracts
+€16,635
Receivables within one year
+€69,622
Deferred charges and accrued income
-€56,451
Provisions
-€3,438
Smaller working-capital items
+€1,551
Tax, wage and social debts
+€18,510
Other debts
+€696,021
Investment (derived)
-€432,349
Investment in fixed assets (net)
+€1,530
Current investments
-€433,879
Financing
-€827,351
Contributions, distributions and other
-€827,351
Cash 2025
€458,002
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,902,535 | €1,781,568 | -€120,967 | -6.4% |
| Fixed assets | 21/28 | €160,188 | €149,842 | -€10,346 | -6.5% |
| Tangible fixed assets | 22/27 | €160,188 | €149,842 | -€10,346 | -6.5% |
| Land and buildings | 22 | €156,888 | €149,842 | -€7,046 | -4.5% |
| Plant, machinery and equipment | 23 | €2,667 | - | -€2,667 | |
| Furniture and vehicles | 24 | €633 | - | -€633 | |
| Current assets | 29/58 | €1,742,347 | €1,631,726 | -€110,621 | -6.3% |
| Stocks and contracts in progress | 3 | €16,635 | - | -€16,635 | |
| Stocks | 30/36 | €16,635 | - | -€16,635 | |
| Amounts receivable within one year | 40/41 | €79,828 | €10,206 | -€69,622 | -87.2% |
| Trade receivables | 40 | €78,241 | €6,069 | -€72,172 | -92.2% |
| Other amounts receivable | 41 | €1,588 | €4,138 | +€2,550 | +161% |
| Current investments | 50/53 | €672,277 | €1,106,156 | +€433,879 | +64.5% |
| Cash at bank and in hand | 54/58 | €972,697 | €458,002 | -€514,695 | -52.9% |
| Deferred charges and accrued income | 490/1 | €911 | €57,362 | +€56,451 | +6,196% |
| Total equity and liabilities | 10/49 | €1,902,535 | €1,781,568 | -€120,967 | -6.4% |
| Equity | 10/15 | €1,825,474 | €991,863 | -€833,611 | -45.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,810,134 | €982,782 | -€827,351 | -45.7% |
| Non-distributable reserves | 130/1 | €58,667 | €58,667 | = | 0.0% |
| Reserves not available under the articles | 1311 | €57,179 | €57,179 | = | 0.0% |
| Own shares acquired | 1312 | €1,487 | €1,487 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €1,713,967 | €886,615 | -€827,351 | -48.3% |
| Profit (loss) carried forward | 14 | -€3,251 | -€9,511 | -€6,260 | -193% |
| Provisions and deferred taxes | 16 | €37,288 | €33,850 | -€3,438 | -9.2% |
| Provisions for liabilities and charges | 160/5 | €37,288 | €33,850 | -€3,438 | -9.2% |
| Environmental obligations | 163 | €37,288 | €33,850 | -€3,438 | -9.2% |
| Amounts payable | 17/49 | €39,773 | €755,854 | +€716,082 | +1,800% |
| Amounts payable within one year | 42/48 | €39,773 | €754,940 | +€715,167 | +1,798% |
| Trade debts | 44 | €4,532 | €5,169 | +€636 | +14.0% |
| Suppliers | 440/4 | €4,532 | €5,169 | +€636 | +14.0% |
| Taxes, remuneration and social security | 45 | €9,351 | €27,861 | +€18,510 | +198% |
| Taxes | 450/3 | €9,351 | €27,861 | +€18,510 | +198% |
| Other amounts payable | 47/48 | €25,889 | €721,910 | +€696,021 | +2,688% |
| Accrued charges and deferred income | 492/3 | - | €915 | +€915 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,654 | €8,816 | -€838 | -8.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €70,108 | +€70,108 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €14,213 | €14,389 | +€176 | +1.2% |
| Other operating charges | 640/8 | €7,123 | €6,311 | -€812 | -11.4% |
| Non-recurring operating charges | 66A | - | €1,530 | +€1,530 | |
| Gross operating margin | 9900 | €32,081 | €33,727 | +€1,646 | +5.1% |
| Operating profit (loss) | 9901 | €1,091 | -€67,426 | -€68,518 | |
| Financial income | 75/76B | €6,862 | €70,072 | +€63,210 | +921% |
| Recurring financial income | 75 | €6,862 | €70,072 | +€63,210 | +921% |
| Financial charges | 65/66B | €8,432 | €8,905 | +€473 | +5.6% |
| Recurring financial charges | 65 | €8,432 | €8,905 | +€473 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | -€479 | -€6,260 | -€5,781 | -1,208% |
| Income taxes | 67/77 | €2,773 | - | -€2,773 | |
| Profit (loss) for the period | 9904 | -€3,251 | -€6,260 | -€3,008 | -92.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,251 | -€6,260 | -€3,008 | -92.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.