RIBA BRECHT: 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.
RIBA BRECHT
Largest movements
- Receivables within one year +€131,743
up €131,743 (+12.8%), from €1.0m to €1.2m
of which Other amounts receivable: +€135,756
- Cash -€104,396
down €104,396 (-85.8%), from €121,646 to €17,250
mainly Receivables within one year (-€131,743) and Net result for the year (-€18,866)
- Tangible fixed assets -€49,820
down €49,820 (-15.2%), from €327,360 to €277,540
- Reserves -€18,866
down €18,866 (-1.4%), from €1.3m to €1.3m
of which Distributable reserves: -€18,866
- Depreciation -€20,000
down €20,000 (-33.4%), from €59,820 to €39,820
- Gross operating margin -€11,504
down €11,504 (-32.2%), from €35,760 to €24,255
- Financial income -€1,436
down €1,436 (-14.3%), from €10,026 to €8,591
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 | €1,478,196 | €1,454,576 | -€23,620 | -1.6% |
| Fixed assets | 21/28 | €327,360 | €277,540 | -€49,820 | -15.2% |
| Tangible fixed assets | 22/27 | €327,360 | €277,540 | -€49,820 | -15.2% |
| Furniture and vehicles | 24 | €327,360 | €277,540 | -€49,820 | -15.2% |
| Current assets | 29/58 | €1,150,836 | €1,177,036 | +€26,200 | +2.3% |
| Amounts receivable within one year | 40/41 | €1,027,131 | €1,158,873 | +€131,743 | +12.8% |
| Trade receivables | 40 | €4,013 | €0 | -€4,013 | -100.0% |
| Other amounts receivable | 41 | €1,023,118 | €1,158,873 | +€135,756 | +13.3% |
| Cash at bank and in hand | 54/58 | €121,646 | €17,250 | -€104,396 | -85.8% |
| Deferred charges and accrued income | 490/1 | €2,059 | €913 | -€1,146 | -55.7% |
| Total equity and liabilities | 10/49 | €1,478,196 | €1,454,576 | -€23,620 | -1.6% |
| Equity | 10/15 | €1,473,167 | €1,454,301 | -€18,866 | -1.3% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Capital | 10 | €140,000 | €140,000 | = | 0.0% |
| Issued capital | 100 | €140,000 | €140,000 | = | 0.0% |
| Reserves | 13 | €1,333,167 | €1,314,301 | -€18,866 | -1.4% |
| Non-distributable reserves | 130/1 | €14,000 | €14,000 | = | 0.0% |
| Legal reserve | 130 | €14,000 | €14,000 | = | 0.0% |
| Distributable reserves | 133 | €1,319,167 | €1,300,301 | -€18,866 | -1.4% |
| Amounts payable | 17/49 | €5,029 | €275 | -€4,754 | -94.5% |
| Amounts payable within one year | 42/48 | €5,029 | €275 | -€4,754 | -94.5% |
| Trade debts | 44 | - | €52 | +€52 | |
| Suppliers | 440/4 | - | €52 | +€52 | |
| Taxes, remuneration and social security | 45 | €2,022 | €0 | -€2,022 | -100.0% |
| Taxes | 450/3 | €2,022 | €0 | -€2,022 | -100.0% |
| Other amounts payable | 47/48 | €3,007 | €223 | -€2,784 | -92.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,820 | €39,820 | -€20,000 | -33.4% |
| Other operating charges | 640/8 | €1,190 | €1,225 | +€36 | +3.0% |
| Non-recurring operating charges | 66A | - | €10,000 | +€10,000 | |
| Gross operating margin | 9900 | €35,760 | €24,255 | -€11,504 | -32.2% |
| Operating profit (loss) | 9901 | -€25,250 | -€26,790 | -€1,540 | -6.1% |
| Financial income | 75/76B | €10,026 | €8,591 | -€1,436 | -14.3% |
| Recurring financial income | 75 | €10,026 | €8,591 | -€1,436 | -14.3% |
| Financial charges | 65/66B | €395 | €388 | -€8 | -1.9% |
| Recurring financial charges | 65 | €395 | €388 | -€8 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,619 | -€18,587 | -€2,968 | -19.0% |
| Income taxes | 67/77 | €259 | €278 | +€19 | +7.4% |
| Profit (loss) for the period | 9904 | -€15,879 | -€18,866 | -€2,987 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,879 | -€18,866 | -€2,987 | -18.8% |
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 4 October 2026 via checked.be.