RIBAK: 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.
RIBAK
Largest movements
- Tangible fixed assets +€128,865
up €128,865 (+7824.8%), from €1,647 to €130,512
of which Furniture and vehicles: +€80,049
- Receivables within one year -€45,550
down €45,550 (-60.4%), from €75,434 to €29,884
of which Trade receivables: -€42,049
- Cash +€17,450
up €17,450 (+143.4%), from €12,167 to €29,618
mainly Net result for the year (+€124,536) and Receivables within one year (+€45,550)
- Stocks and contracts +€8,542
new in 2025: €8,542
- Deferred charges and accrued income +€4,586
new in 2025: €4,586
- Profit (loss) carried forward +€124,536
up €124,536 (+486.9%), from €25,579 to €150,115
- Trade debts -€32,159
down €32,159 (-83.2%), from €38,653 to €6,494
of which Bills of exchange payable: -€36,949
- Tax, wage and social debts +€21,516
up €21,516 (+126.9%), from €16,957 to €38,473
of which Taxes: +€34,766
- Turnover +€646,815
up €646,815 (+251.3%), from €257,396 to €904,211
- Purchases and services +€465,917
up €465,917 (+185.0%), from €251,845 to €717,761
- Gross operating margin +€180,701
up €180,701 (+3143.9%), from €5,748 to €186,449
- Taxes +€34,766
up €34,766 (+7602.5%), from €457 to €35,223
- Depreciation +€20,171
up €20,171 (+434.0%), from €4,647 to €24,818
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 | €89,249 | €203,142 | +€113,893 | +127.6% |
| Fixed assets | 21/28 | €1,647 | €130,512 | +€128,865 | +7824.8% |
| Tangible fixed assets | 22/27 | €1,647 | €130,512 | +€128,865 | +7824.8% |
| Plant, machinery and equipment | 23 | €293 | €49,110 | +€48,816 | +16646.7% |
| Furniture and vehicles | 24 | €1,354 | €81,402 | +€80,049 | +5913.6% |
| Current assets | 29/58 | €87,602 | €72,630 | -€14,972 | -17.1% |
| Stocks and contracts in progress | 3 | - | €8,542 | +€8,542 | |
| Stocks | 30/36 | - | €8,542 | +€8,542 | |
| Amounts receivable within one year | 40/41 | €75,434 | €29,884 | -€45,550 | -60.4% |
| Trade receivables | 40 | €55,629 | €13,580 | -€42,049 | -75.6% |
| Other amounts receivable | 41 | €19,805 | €16,304 | -€3,501 | -17.7% |
| Cash at bank and in hand | 54/58 | €12,167 | €29,618 | +€17,450 | +143.4% |
| Deferred charges and accrued income | 490/1 | - | €4,586 | +€4,586 | |
| Total equity and liabilities | 10/49 | €89,249 | €203,142 | +€113,893 | +127.6% |
| Equity | 10/15 | €33,639 | €158,175 | +€124,536 | +370.2% |
| Contributions | 10/11 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Contributions outside capital | 11 | - | €8,060 | +€8,060 | |
| Other | 1109/19 | - | €8,060 | +€8,060 | |
| Reserves | 13 | €1,860 | €0 | -€1,860 | -100.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Profit (loss) carried forward | 14 | €25,579 | €150,115 | +€124,536 | +486.9% |
| Amounts payable | 17/49 | €55,610 | €44,967 | -€10,643 | -19.1% |
| Amounts payable within one year | 42/48 | €55,610 | €44,967 | -€10,643 | -19.1% |
| Trade debts | 44 | €38,653 | €6,494 | -€32,159 | -83.2% |
| Suppliers | 440/4 | €1,704 | €6,494 | +€4,789 | +281.1% |
| Bills of exchange payable | 441 | €36,949 | - | -€36,949 | |
| Taxes, remuneration and social security | 45 | €16,957 | €38,473 | +€21,516 | +126.9% |
| Taxes | 450/3 | €457 | €35,223 | +€34,766 | +7602.5% |
| Remuneration and social security | 454/9 | €16,500 | €3,250 | -€13,250 | -80.3% |
| Turnover | 70 | €257,396 | €904,211 | +€646,815 | +251.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €251,845 | €717,761 | +€465,917 | +185.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,647 | €24,818 | +€20,171 | +434.0% |
| Other operating charges | 640/8 | €313 | €1,475 | +€1,162 | +371.2% |
| Gross operating margin | 9900 | €5,748 | €186,449 | +€180,701 | +3143.9% |
| Operating profit (loss) | 9901 | €787 | €160,156 | +€159,368 | +20242.7% |
| Financial income | 75/76B | €933 | €2 | -€931 | -99.8% |
| Recurring financial income | 75 | €933 | €2 | -€931 | -99.8% |
| Financial charges | 65/66B | €666 | €399 | -€267 | -40.1% |
| Recurring financial charges | 65 | €666 | €399 | -€267 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €1,055 | €159,759 | +€158,705 | +15048.1% |
| Income taxes | 67/77 | €457 | €35,223 | +€34,766 | +7602.5% |
| Profit (loss) for the period | 9904 | €597 | €124,536 | +€123,939 | +20748.1% |
| Profit (loss) for the period to be appropriated | 9905 | €597 | €124,536 | +€123,939 | +20748.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.