RIBA RENT: 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.
RIBA RENT
Largest movements
- Cash -€410,173
down €410,173 (-77.1%), from €532,055 to €121,882
mainly Contributions, distributions and other (-€1.9m) and Investment in fixed assets (net) (-€481,045)
- Tangible fixed assets -€69,143
down €69,143 (-4.8%), from €1.4m to €1.4m
of which Furniture and vehicles: -€40,505
- Reserves -€1.8m
down €1.8m (-67.1%), from €2.7m to €902,326
of which Distributable reserves: -€1.8m
- Other debts +€1.4m
new in 2025: €1.4m
- Write-downs +€33,883
up €33,883, from -€10,466 to €23,417
- Gross operating margin +€19,765
up €19,765 (+2.2%), from €901,848 to €921,613
- Depreciation -€19,146
down €19,146 (-3.4%), from €569,334 to €550,188
- Staff costs +€12,861
up €12,861 (+5.6%), from €229,487 to €242,348
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 | €3,000,624 | €2,548,373 | -€452,251 | -15.1% |
| Fixed assets | 21/28 | €1,440,629 | €1,371,485 | -€69,143 | -4.8% |
| Tangible fixed assets | 22/27 | €1,433,622 | €1,364,479 | -€69,143 | -4.8% |
| Land and buildings | 22 | €564,904 | €534,412 | -€30,492 | -5.4% |
| Plant, machinery and equipment | 23 | €110,589 | €102,637 | -€7,952 | -7.2% |
| Furniture and vehicles | 24 | €209,429 | €168,924 | -€40,505 | -19.3% |
| Other tangible fixed assets | 26 | €548,700 | €558,505 | +€9,805 | +1.8% |
| Financial fixed assets | 28 | €7,007 | €7,007 | = | 0.0% |
| Current assets | 29/58 | €1,559,995 | €1,176,888 | -€383,107 | -24.6% |
| Stocks and contracts in progress | 3 | €560,261 | €567,286 | +€7,025 | +1.3% |
| Stocks | 30/36 | €560,261 | €567,286 | +€7,025 | +1.3% |
| Amounts receivable within one year | 40/41 | €441,858 | €462,817 | +€20,959 | +4.7% |
| Trade receivables | 40 | €404,123 | €426,634 | +€22,511 | +5.6% |
| Other amounts receivable | 41 | €37,736 | €36,183 | -€1,553 | -4.1% |
| Cash at bank and in hand | 54/58 | €532,055 | €121,882 | -€410,173 | -77.1% |
| Deferred charges and accrued income | 490/1 | €25,821 | €24,903 | -€918 | -3.6% |
| Total equity and liabilities | 10/49 | €3,000,624 | €2,548,373 | -€452,251 | -15.1% |
| Equity | 10/15 | €2,810,098 | €967,326 | -€1.8m | -65.6% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €2,745,098 | €902,326 | -€1.8m | -67.1% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €2,738,598 | €895,826 | -€1.8m | -67.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €190,526 | €1,581,048 | +€1.4m | +730% |
| Amounts payable within one year | 42/48 | €190,526 | €1,581,048 | +€1.4m | +730% |
| Financial debts | 43 | €19,950 | €15,912 | -€4,038 | -20.2% |
| Credit institutions | 430/8 | €19,950 | - | -€19,950 | |
| Other loans | 439 | - | €15,912 | +€15,912 | |
| Trade debts | 44 | €119,977 | €99,517 | -€20,459 | -17.1% |
| Suppliers | 440/4 | €119,977 | €99,517 | -€20,459 | -17.1% |
| Taxes, remuneration and social security | 45 | €50,599 | €77,654 | +€27,055 | +53.5% |
| Taxes | 450/3 | €26,585 | €45,923 | +€19,339 | +72.7% |
| Remuneration and social security | 454/9 | €24,015 | €31,731 | +€7,716 | +32.1% |
| Other amounts payable | 47/48 | - | €1,387,964 | +€1.4m | |
| Remuneration, social security and pensions | 62 | €229,487 | €242,348 | +€12,861 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €569,334 | €550,188 | -€19,146 | -3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,466 | €23,417 | +€33,883 | |
| Other operating charges | 640/8 | €7,891 | €8,261 | +€370 | +4.7% |
| Gross operating margin | 9900 | €901,848 | €921,613 | +€19,765 | +2.2% |
| Operating profit (loss) | 9901 | €105,601 | €97,399 | -€8,202 | -7.8% |
| Financial income | 75/76B | €7,866 | €8,910 | +€1,044 | +13.3% |
| Recurring financial income | 75 | €7,866 | €8,910 | +€1,044 | +13.3% |
| Financial charges | 65/66B | €2,362 | €8,501 | +€6,139 | +260% |
| Recurring financial charges | 65 | €2,362 | €8,501 | +€6,139 | +260% |
| Profit (loss) for the period before taxes | 9903 | €111,105 | €97,809 | -€13,297 | -12.0% |
| Income taxes | 67/77 | €24,432 | €15,581 | -€8,851 | -36.2% |
| Profit (loss) for the period | 9904 | €86,673 | €82,228 | -€4,446 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €86,673 | €82,228 | -€4,446 | -5.1% |
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 28 October 2026 via checked.be.