Ralph's Group: 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.
Ralph's Group
Largest movements
- Receivables within one year +€15,998
up €15,998 (+15,115%), from €106 to €16,104
- Cash +€1,125
up €1,125 (+17.1%), from €6,560 to €7,685
mainly Net result for the year (+€15,093) and Tax, wage and social debts (+€2,904)
- Tangible fixed assets -€815
down €815 (-44.9%), from €1,814 to €999
of which Furniture and vehicles: -€581
- Deferred charges and accrued income +€650
new in 2025: €650
- Profit (loss) carried forward +€15,093
up €15,093, from -€9,193 to €5,901
- Tax, wage and social debts +€2,904
up €2,904 (+38.1%), from €7,620 to €10,524
- Trade debts -€1,039
down €1,039 (-52.2%), from €1,992 to €953
- Gross operating margin +€25,755
up €25,755, from -€8,614 to €17,141
- Depreciation -€703
down €703 (-46.3%), from €1,518 to €815
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 | €8,480 | €25,438 | +€16,958 | +200% |
| Fixed assets | 21/28 | €1,814 | €999 | -€815 | -44.9% |
| Tangible fixed assets | 22/27 | €1,814 | €999 | -€815 | -44.9% |
| Plant, machinery and equipment | 23 | €517 | €283 | -€234 | -45.2% |
| Furniture and vehicles | 24 | €1,297 | €716 | -€581 | -44.8% |
| Current assets | 29/58 | €6,666 | €24,439 | +€17,773 | +267% |
| Amounts receivable within one year | 40/41 | €106 | €16,104 | +€15,998 | +15,115% |
| Other amounts receivable | 41 | €106 | €16,104 | +€15,998 | +15,115% |
| Cash at bank and in hand | 54/58 | €6,560 | €7,685 | +€1,125 | +17.1% |
| Deferred charges and accrued income | 490/1 | - | €650 | +€650 | |
| Total equity and liabilities | 10/49 | €8,480 | €25,438 | +€16,958 | +200% |
| Equity | 10/15 | -€1,133 | €13,961 | +€15,093 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,193 | €5,901 | +€15,093 | |
| Amounts payable | 17/49 | €9,613 | €11,477 | +€1,864 | +19.4% |
| Amounts payable within one year | 42/48 | €9,613 | €11,477 | +€1,864 | +19.4% |
| Trade debts | 44 | €1,992 | €953 | -€1,039 | -52.2% |
| Suppliers | 440/4 | €1,992 | €953 | -€1,039 | -52.2% |
| Taxes, remuneration and social security | 45 | €7,620 | €10,524 | +€2,904 | +38.1% |
| Taxes | 450/3 | €7,620 | €10,524 | +€2,904 | +38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,518 | €815 | -€703 | -46.3% |
| Other operating charges | 640/8 | €130 | €200 | +€71 | +54.4% |
| Gross operating margin | 9900 | -€8,614 | €17,141 | +€25,755 | |
| Operating profit (loss) | 9901 | -€10,261 | €16,126 | +€26,387 | |
| Financial income | 75/76B | €4 | €23 | +€19 | +445% |
| Recurring financial income | 75 | €4 | €23 | +€19 | +445% |
| Financial charges | 65/66B | €765 | €854 | +€89 | +11.6% |
| Recurring financial charges | 65 | €765 | €854 | +€89 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,022 | €15,295 | +€26,317 | |
| Income taxes | 67/77 | €187 | €202 | +€14 | +7.6% |
| Profit (loss) for the period | 9904 | -€11,210 | €15,093 | +€26,303 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,210 | €15,093 | +€26,303 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.