Riba Management: what changed
What changed
Riba Management
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€104,182
2024 · €77,746+€26,436
Equity
€284,151
2024 · €179,968+€104,182
Cash
€96,927
2024 · €90,417+€6,509
Balance sheet total
€726,285
2024 · €675,672+€50,614
Largest movements
Assets
- Receivables within one year +€71,466
up €71,466 (+192%), from €37,233 to €108,699
of which Trade receivables: +€70,809
- Tangible fixed assets -€27,499
down €27,499 (-5.1%), from €540,766 to €513,266
of which Furniture and vehicles: -€17,825
Equity and liabilities
- Reserves +€104,000
up €104,000 (+42.0%), from €247,860 to €351,860
- Debts after one year -€34,545
down €34,545 (-8.2%), from €420,241 to €385,696
- Short-term financial debts -€25,000
no longer reported in 2025 (was €25,000)
Income statement
- Gross operating margin +€65,699
up €65,699 (+48.5%), from €135,513 to €201,212
- Taxes +€14,758
up €14,758 (+51.7%), from €28,546 to €43,304
- Depreciation +€12,237
up €12,237 (+64.9%), from €18,862 to €31,099
- Financial charges +€11,328
up €11,328 (+165%), from €6,864 to €18,192
- Write-downs +€2,745
new in 2025: €2,745
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
€77,746
Gross operating margin
+€65,699
Depreciation
-€12,237
Write-downs
-€2,745
Other operating charges
+€1,791
Financial income
+€15
Financial charges
-€11,328
Taxes
-€14,758
Result 2025
€104,182
raises the resultlowers the result
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
+€68,341
Investment
-€3,600
Financing
-€58,232
Cash 2024
€90,417
From operations (derived)
+€68,341
Net result for the year
+€104,182
Depreciation
+€31,099
Receivables within one year
-€71,466
Smaller working-capital items
-€20
Tax, wage and social debts
+€5,631
Other debts
-€1,085
Investment (derived)
-€3,600
Investment in fixed assets (net)
-€3,600
Financing
-€58,232
Debts after one year
-€34,545
Current portion of long-term debt
+€1,312
Short-term financial debts
-€25,000
Cash 2025
€96,927
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €675,672 | €726,285 | +€50,614 | +7.5% |
| Fixed assets | 21/28 | €545,766 | €518,266 | -€27,499 | -5.0% |
| Tangible fixed assets | 22/27 | €540,766 | €513,266 | -€27,499 | -5.1% |
| Land and buildings | 22 | €467,491 | €457,816 | -€9,674 | -2.1% |
| Furniture and vehicles | 24 | €73,275 | €55,450 | -€17,825 | -24.3% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €129,906 | €208,019 | +€78,113 | +60.1% |
| Amounts receivable within one year | 40/41 | €37,233 | €108,699 | +€71,466 | +192% |
| Trade receivables | 40 | €25,735 | €96,544 | +€70,809 | +275% |
| Other amounts receivable | 41 | €11,498 | €12,155 | +€657 | +5.7% |
| Cash at bank and in hand | 54/58 | €90,417 | €96,927 | +€6,509 | +7.2% |
| Deferred charges and accrued income | 490/1 | €2,255 | €2,393 | +€138 | +6.1% |
| Total equity and liabilities | 10/49 | €675,672 | €726,285 | +€50,614 | +7.5% |
| Equity | 10/15 | €179,968 | €284,151 | +€104,182 | +57.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €247,860 | €351,860 | +€104,000 | +42.0% |
| Distributable reserves | 133 | €247,860 | €351,860 | +€104,000 | +42.0% |
| Profit (loss) carried forward | 14 | -€86,492 | -€86,309 | +€182 | +0.2% |
| Amounts payable | 17/49 | €495,703 | €442,135 | -€53,569 | -10.8% |
| Amounts payable after more than one year | 17 | €420,241 | €385,696 | -€34,545 | -8.2% |
| Financial debts | 170/4 | €420,241 | €385,696 | -€34,545 | -8.2% |
| Amounts payable within one year | 42/48 | €75,462 | €56,439 | -€19,024 | -25.2% |
| Current portion of amounts payable after more than one year | 42 | €33,232 | €34,545 | +€1,312 | +3.9% |
| Financial debts | 43 | €25,000 | - | -€25,000 | |
| Credit institutions | 430/8 | €25,000 | - | -€25,000 | |
| Trade debts | 44 | €1,892 | €2,010 | +€118 | +6.2% |
| Suppliers | 440/4 | €1,892 | €2,010 | +€118 | +6.2% |
| Taxes, remuneration and social security | 45 | €14,253 | €19,884 | +€5,631 | +39.5% |
| Taxes | 450/3 | €14,253 | €19,884 | +€5,631 | +39.5% |
| Other amounts payable | 47/48 | €1,085 | - | -€1,085 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,862 | €31,099 | +€12,237 | +64.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,745 | +€2,745 | |
| Other operating charges | 640/8 | €3,495 | €1,704 | -€1,791 | -51.2% |
| Gross operating margin | 9900 | €135,513 | €201,212 | +€65,699 | +48.5% |
| Operating profit (loss) | 9901 | €113,156 | €165,664 | +€52,508 | +46.4% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €6,864 | €18,192 | +€11,328 | +165% |
| Recurring financial charges | 65 | €6,864 | €18,192 | +€11,328 | +165% |
| Profit (loss) for the period before taxes | 9903 | €106,292 | €147,486 | +€41,194 | +38.8% |
| Income taxes | 67/77 | €28,546 | €43,304 | +€14,758 | +51.7% |
| Profit (loss) for the period | 9904 | €77,746 | €104,182 | +€26,436 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €77,746 | €104,182 | +€26,436 | +34.0% |
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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 7 November 2026 via checked.be.