RIBBELS: 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.
RIBBELS
Largest movements
- Cash +€17,431
up €17,431 (+168.3%), from €10,358 to €27,789
mainly Net result for the year (+€58,575) and Tax, wage and social debts (+€7,203)
- Receivables within one year +€1,988
up €1,988 (+12.9%), from €15,469 to €17,457
of which Trade receivables: +€1,976
- Deferred charges and accrued income +€1,015
up €1,015 (+45.1%), from €2,249 to €3,265
- Tangible fixed assets +€876
up €876 (+5.6%), from €15,528 to €16,404
of which Plant, machinery and equipment: +€829
- Profit (loss) carried forward +€52,549
no longer reported in 2025 (was -€52,549)
- Other debts -€46,188
down €46,188 (-55.1%), from €83,878 to €37,689
- Tax, wage and social debts +€7,203
up €7,203 (+149.9%), from €4,806 to €12,010
- Reserves +€5,193
new in 2025: €5,193
- Trade debts +€2,538
up €2,538 (+164.9%), from €1,539 to €4,077
- Gross operating margin +€59,064
up €59,064 (+555.7%), from €10,628 to €69,692
- Taxes +€3,456
up €3,456 (+2477.1%), from €140 to €3,596
- Depreciation +€1,155
up €1,155 (+22.8%), from €5,068 to €6,224
- Other operating charges +€780
up €780 (+169.7%), from €459 to €1,239
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 | €43,605 | €64,916 | +€21,311 | +48.9% |
| Fixed assets | 21/28 | €15,528 | €16,404 | +€876 | +5.6% |
| Tangible fixed assets | 22/27 | €15,528 | €16,404 | +€876 | +5.6% |
| Plant, machinery and equipment | 23 | - | €829 | +€829 | |
| Furniture and vehicles | 24 | €15,528 | €15,576 | +€48 | +0.3% |
| Current assets | 29/58 | €28,077 | €48,511 | +€20,435 | +72.8% |
| Amounts receivable within one year | 40/41 | €15,469 | €17,457 | +€1,988 | +12.9% |
| Trade receivables | 40 | €15,469 | €17,445 | +€1,976 | +12.8% |
| Other amounts receivable | 41 | - | €12 | +€12 | |
| Cash at bank and in hand | 54/58 | €10,358 | €27,789 | +€17,431 | +168.3% |
| Deferred charges and accrued income | 490/1 | €2,249 | €3,265 | +€1,015 | +45.1% |
| Total equity and liabilities | 10/49 | €43,605 | €64,916 | +€21,311 | +48.9% |
| Equity | 10/15 | -€47,549 | €10,193 | +€57,742 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €5,193 | +€5,193 | |
| Distributable reserves | 133 | - | €5,193 | +€5,193 | |
| Profit (loss) carried forward | 14 | -€52,549 | - | +€52,549 | |
| Amounts payable | 17/49 | €91,153 | €54,722 | -€36,431 | -40.0% |
| Amounts payable within one year | 42/48 | €90,223 | €53,776 | -€36,448 | -40.4% |
| Trade debts | 44 | €1,539 | €4,077 | +€2,538 | +164.9% |
| Suppliers | 440/4 | €1,539 | €4,077 | +€2,538 | +164.9% |
| Taxes, remuneration and social security | 45 | €4,806 | €12,010 | +€7,203 | +149.9% |
| Taxes | 450/3 | €4,806 | €12,010 | +€7,203 | +149.9% |
| Other amounts payable | 47/48 | €83,878 | €37,689 | -€46,188 | -55.1% |
| Accrued charges and deferred income | 492/3 | €930 | €947 | +€16 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,068 | €6,224 | +€1,155 | +22.8% |
| Other operating charges | 640/8 | €459 | €1,239 | +€780 | +169.7% |
| Gross operating margin | 9900 | €10,628 | €69,692 | +€59,064 | +555.7% |
| Operating profit (loss) | 9901 | €5,100 | €62,229 | +€57,129 | +1120.2% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €69 | €70 | +€1 | +2.0% |
| Recurring financial charges | 65 | €69 | €70 | +€1 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €5,031 | €62,171 | +€57,140 | +1135.8% |
| Income taxes | 67/77 | €140 | €3,596 | +€3,456 | +2477.1% |
| Profit (loss) for the period | 9904 | €4,891 | €58,575 | +€53,684 | +1097.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,891 | €58,575 | +€53,684 | +1097.5% |
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 10 October 2026 via checked.be.