RIBBENS THIJS: 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.
RIBBENS THIJS
Largest movements
- Cash +€74,434
up €74,434 (+69.8%), from €106,714 to €181,148
mainly Net result for the year (+€97,051) and Receivables within one year (+€31,764)
- Tangible fixed assets +€43,855
up €43,855 (+1,735%), from €2,527 to €46,382
of which Furniture and vehicles: +€44,210
- Receivables within one year -€31,764
down €31,764 (-16.1%), from €197,061 to €165,297
of which Trade receivables: -€40,535
- Reserves +€97,051
up €97,051 (+47.1%), from €205,874 to €302,925
- Other debts -€12,470
down €12,470 (-55.9%), from €22,290 to €9,819
- Tax, wage and social debts +€6,152
up €6,152 (+9.2%), from €67,084 to €73,236
- Gross operating margin +€30,384
up €30,384 (+25.6%), from €118,653 to €149,037
- Taxes +€5,953
up €5,953 (+14.9%), from €40,039 to €45,993
- Depreciation +€5,561
up €5,561 (+1,567%), from €355 to €5,916
- Other operating charges -€1,603
down €1,603 (-64.0%), from €2,506 to €903
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 | €311,700 | €398,951 | +€87,251 | +28.0% |
| Fixed assets | 21/28 | €7,527 | €51,382 | +€43,855 | +583% |
| Tangible fixed assets | 22/27 | €2,527 | €46,382 | +€43,855 | +1,735% |
| Plant, machinery and equipment | 23 | €2,527 | €2,172 | -€355 | -14.0% |
| Furniture and vehicles | 24 | - | €44,210 | +€44,210 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €304,173 | €347,569 | +€43,397 | +14.3% |
| Amounts receivable within one year | 40/41 | €197,061 | €165,297 | -€31,764 | -16.1% |
| Trade receivables | 40 | €131,285 | €90,750 | -€40,535 | -30.9% |
| Other amounts receivable | 41 | €65,776 | €74,547 | +€8,771 | +13.3% |
| Cash at bank and in hand | 54/58 | €106,714 | €181,148 | +€74,434 | +69.8% |
| Deferred charges and accrued income | 490/1 | €397 | €1,124 | +€727 | +183% |
| Total equity and liabilities | 10/49 | €311,700 | €398,951 | +€87,251 | +28.0% |
| Equity | 10/15 | €218,274 | €315,325 | +€97,051 | +44.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €205,874 | €302,925 | +€97,051 | +47.1% |
| Distributable reserves | 133 | €205,874 | €302,925 | +€97,051 | +47.1% |
| Amounts payable | 17/49 | €93,426 | €83,626 | -€9,799 | -10.5% |
| Amounts payable within one year | 42/48 | €93,426 | €83,626 | -€9,799 | -10.5% |
| Trade debts | 44 | €4,052 | €571 | -€3,481 | -85.9% |
| Suppliers | 440/4 | €4,052 | €571 | -€3,481 | -85.9% |
| Taxes, remuneration and social security | 45 | €67,084 | €73,236 | +€6,152 | +9.2% |
| Taxes | 450/3 | €67,084 | €73,236 | +€6,152 | +9.2% |
| Other amounts payable | 47/48 | €22,290 | €9,819 | -€12,470 | -55.9% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €355 | €5,916 | +€5,561 | +1,567% |
| Other operating charges | 640/8 | €2,506 | €903 | -€1,603 | -64.0% |
| Gross operating margin | 9900 | €118,653 | €149,037 | +€30,384 | +25.6% |
| Operating profit (loss) | 9901 | €115,792 | €142,217 | +€26,425 | +22.8% |
| Financial income | 75/76B | €7 | €890 | +€883 | +11,867% |
| Recurring financial income | 75 | €7 | €890 | +€883 | +11,867% |
| Financial charges | 65/66B | €317 | €64 | -€252 | -79.7% |
| Recurring financial charges | 65 | €317 | €64 | -€252 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | €115,483 | €143,043 | +€27,561 | +23.9% |
| Income taxes | 67/77 | €40,039 | €45,993 | +€5,953 | +14.9% |
| Profit (loss) for the period | 9904 | €75,443 | €97,051 | +€21,607 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €75,443 | €97,051 | +€21,607 | +28.6% |
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 26 October 2026 via checked.be.