Ribbens Elsie: what changed
Ribbens Elsie
Largest movements
- Receivables within one year -€20,778
down €20,778 (-78.8%), from €26,369 to €5,591
of which Other amounts receivable: -€14,951
- Intangible fixed assets -€6,500
down €6,500 (-23.5%), from €27,625 to €21,125
- Current investments +€5,600
up €5,600 (+1,867%), from €300 to €5,900
- Tangible fixed assets +€3,080
up €3,080 (+50.9%), from €6,050 to €9,130
of which Furniture and vehicles: +€1,914
- Cash -€825
down €825 (-5.0%), from €16,361 to €15,535
mainly Other debts (-€16,403) and Debts after one year (-€9,804)
- Other debts -€16,403
down €16,403 (-82.0%), from €20,000 to €3,597
- Debts after one year -€9,804
down €9,804 (-92.2%), from €10,630 to €826
- Reserves +€4,967
up €4,967 (+19.7%), from €25,222 to €30,190
- Tax, wage and social debts +€1,727
up €1,727 (+50.6%), from €3,410 to €5,137
- Depreciation +€1,499
up €1,499 (+20.3%), from €7,384 to €8,883
- Taxes -€818
down €818 (-33.6%), from €2,438 to €1,619
- Financial income -€589
down €589 (-83.0%), from €709 to €120
- Gross operating margin -€457
down €457 (-2.7%), from €17,040 to €16,583
- Financial charges -€224
down €224 (-36.5%), from €614 to €390
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,408 | €57,281 | -€20,127 | -26.0% |
| Fixed assets | 21/28 | €33,675 | €30,255 | -€3,420 | -10.2% |
| Intangible fixed assets | 21 | €27,625 | €21,125 | -€6,500 | -23.5% |
| Tangible fixed assets | 22/27 | €6,050 | €9,130 | +€3,080 | +50.9% |
| Plant, machinery and equipment | 23 | €231 | €1,397 | +€1,165 | +504% |
| Furniture and vehicles | 24 | €5,819 | €7,733 | +€1,914 | +32.9% |
| Current assets | 29/58 | €43,733 | €27,026 | -€16,707 | -38.2% |
| Amounts receivable within one year | 40/41 | €26,369 | €5,591 | -€20,778 | -78.8% |
| Trade receivables | 40 | €10,001 | €4,174 | -€5,827 | -58.3% |
| Other amounts receivable | 41 | €16,368 | €1,417 | -€14,951 | -91.3% |
| Current investments | 50/53 | €300 | €5,900 | +€5,600 | +1,867% |
| Cash at bank and in hand | 54/58 | €16,361 | €15,535 | -€825 | -5.0% |
| Deferred charges and accrued income | 490/1 | €703 | €0 | -€703 | -100% |
| Total equity and liabilities | 10/49 | €77,408 | €57,281 | -€20,127 | -26.0% |
| Equity | 10/15 | €31,422 | €36,390 | +€4,967 | +15.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,222 | €30,190 | +€4,967 | +19.7% |
| Distributable reserves | 133 | €25,222 | €30,190 | +€4,967 | +19.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €45,986 | €20,891 | -€25,095 | -54.6% |
| Amounts payable after more than one year | 17 | €10,630 | €826 | -€9,804 | -92.2% |
| Financial debts | 170/4 | €10,630 | €826 | -€9,804 | -92.2% |
| Amounts payable within one year | 42/48 | €34,886 | €19,915 | -€14,970 | -42.9% |
| Current portion of amounts payable after more than one year | 42 | €9,621 | €9,804 | +€183 | +1.9% |
| Trade debts | 44 | €1,855 | €1,377 | -€478 | -25.8% |
| Suppliers | 440/4 | €1,855 | €1,377 | -€478 | -25.8% |
| Taxes, remuneration and social security | 45 | €3,410 | €5,137 | +€1,727 | +50.6% |
| Taxes | 450/3 | €3,410 | €5,137 | +€1,727 | +50.6% |
| Other amounts payable | 47/48 | €20,000 | €3,597 | -€16,403 | -82.0% |
| Accrued charges and deferred income | 492/3 | €470 | €150 | -€320 | -68.1% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,384 | €8,883 | +€1,499 | +20.3% |
| Other operating charges | 640/8 | €678 | €844 | +€166 | +24.5% |
| Gross operating margin | 9900 | €17,040 | €16,583 | -€457 | -2.7% |
| Operating profit (loss) | 9901 | €8,979 | €6,856 | -€2,123 | -23.6% |
| Financial income | 75/76B | €709 | €120 | -€589 | -83.0% |
| Recurring financial income | 75 | €709 | €120 | -€589 | -83.0% |
| Financial charges | 65/66B | €614 | €390 | -€224 | -36.5% |
| Recurring financial charges | 65 | €614 | €390 | -€224 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €9,074 | €6,587 | -€2,487 | -27.4% |
| Income taxes | 67/77 | €2,438 | €1,619 | -€818 | -33.6% |
| Profit (loss) for the period | 9904 | €6,636 | €4,967 | -€1,669 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,636 | €4,967 | -€1,669 | -25.1% |
Next steps
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 8 November 2026 via checked.be.