RIB: 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.
RIB
Largest movements
- Stocks and contracts +€70,294
up €70,294 (+43.6%), from €161,357 to €231,651
- Receivables within one year +€33,758
up €33,758 (+170%), from €19,858 to €53,617
of which Other amounts receivable: +€53,614
- Cash -€31,298
down €31,298 (-48.2%), from €64,950 to €33,651
mainly Stocks and contracts (-€70,294) and Receivables within one year (-€33,758)
- Tangible fixed assets -€4,029
down €4,029 (-7.4%), from €54,271 to €50,242
of which Other tangible fixed assets: -€8,419
- Profit (loss) carried forward +€45,418
up €45,418 (+151%), from €29,979 to €75,397
- Tax, wage and social debts +€45,373
up €45,373 (+76.6%), from €59,201 to €104,574
of which Taxes: +€42,763
- Debts after one year -€31,584
down €31,584 (-33.9%), from €93,193 to €61,609
- Trade debts +€6,919
up €6,919 (+278%), from €2,491 to €9,410
- Gross operating margin -€54,697
down €54,697 (-13.5%), from €404,545 to €349,849
- Taxes -€16,324
down €16,324 (-49.5%), from €33,004 to €16,680
- Financial charges -€6,277
down €6,277 (-51.5%), from €12,193 to €5,916
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 | €309,728 | €378,866 | +€69,138 | +22.3% |
| Fixed assets | 21/28 | €61,132 | €54,265 | -€6,867 | -11.2% |
| Intangible fixed assets | 21 | €5,787 | €2,949 | -€2,838 | -49.0% |
| Tangible fixed assets | 22/27 | €54,271 | €50,242 | -€4,029 | -7.4% |
| Plant, machinery and equipment | 23 | €1,003 | €669 | -€334 | -33.3% |
| Furniture and vehicles | 24 | €288 | €5,012 | +€4,724 | +1,640% |
| Other tangible fixed assets | 26 | €52,980 | €44,561 | -€8,419 | -15.9% |
| Financial fixed assets | 28 | €1,074 | €1,074 | = | 0.0% |
| Current assets | 29/58 | €248,596 | €324,601 | +€76,005 | +30.6% |
| Stocks and contracts in progress | 3 | €161,357 | €231,651 | +€70,294 | +43.6% |
| Stocks | 30/36 | €161,357 | €231,651 | +€70,294 | +43.6% |
| Amounts receivable within one year | 40/41 | €19,858 | €53,617 | +€33,758 | +170% |
| Trade receivables | 40 | €19,856 | - | -€19,856 | |
| Other amounts receivable | 41 | €3 | €53,617 | +€53,614 | +2,127,540% |
| Cash at bank and in hand | 54/58 | €64,950 | €33,651 | -€31,298 | -48.2% |
| Deferred charges and accrued income | 490/1 | €2,431 | €5,682 | +€3,251 | +134% |
| Total equity and liabilities | 10/49 | €309,728 | €378,866 | +€69,138 | +22.3% |
| Equity | 10/15 | €108,579 | €153,997 | +€45,418 | +41.8% |
| Contributions | 10/11 | €78,600 | €78,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,979 | €75,397 | +€45,418 | +151% |
| Amounts payable | 17/49 | €201,148 | €224,869 | +€23,720 | +11.8% |
| Amounts payable after more than one year | 17 | €93,193 | €61,609 | -€31,584 | -33.9% |
| Financial debts | 170/4 | €93,193 | €61,609 | -€31,584 | -33.9% |
| Amounts payable within one year | 42/48 | €107,955 | €161,610 | +€53,654 | +49.7% |
| Current portion of amounts payable after more than one year | 42 | €46,264 | €47,626 | +€1,362 | +2.9% |
| Trade debts | 44 | €2,491 | €9,410 | +€6,919 | +278% |
| Suppliers | 440/4 | €2,491 | €9,410 | +€6,919 | +278% |
| Taxes, remuneration and social security | 45 | €59,201 | €104,574 | +€45,373 | +76.6% |
| Taxes | 450/3 | €32,485 | €75,248 | +€42,763 | +132% |
| Remuneration and social security | 454/9 | €26,716 | €29,326 | +€2,610 | +9.8% |
| Accrued charges and deferred income | 492/3 | - | €1,650 | +€1,650 | |
| Remuneration, social security and pensions | 62 | €245,658 | €246,318 | +€660 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,027 | €22,911 | +€884 | +4.0% |
| Other operating charges | 640/8 | €3,442 | €1,114 | -€2,328 | -67.6% |
| Non-recurring operating charges | 66A | €300 | €11,492 | +€11,192 | +3,731% |
| Gross operating margin | 9900 | €404,545 | €349,849 | -€54,697 | -13.5% |
| Operating profit (loss) | 9901 | €133,118 | €68,014 | -€65,104 | -48.9% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €12,193 | €5,916 | -€6,277 | -51.5% |
| Recurring financial charges | 65 | €12,193 | €5,916 | -€6,277 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | €120,929 | €62,098 | -€58,831 | -48.6% |
| Income taxes | 67/77 | €33,004 | €16,680 | -€16,324 | -49.5% |
| Profit (loss) for the period | 9904 | €87,925 | €45,418 | -€42,507 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €87,925 | €45,418 | -€42,507 | -48.3% |
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 17 October 2026 via checked.be.