RIBEIRO BELGIUM CONSTRUCT: 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.
RIBEIRO BELGIUM CONSTRUCT
Largest movements
- Receivables within one year +€10,137
up €10,137 (+460.0%), from €2,203 to €12,340
of which Trade receivables: +€7,977
- Tangible fixed assets +€9,327
new in 2025: €9,327
of which Furniture and vehicles: +€8,137
- Deferred charges and accrued income +€696
new in 2025: €696
- Cash +€683
up €683 (+6.1%), from €11,267 to €11,950
mainly Net result for the year (+€12,754) and Debts after one year (+€2,550)
- Profit (loss) carried forward +€12,754
up €12,754 (+156.2%), from €8,167 to €20,921
- Debts after one year +€2,550
new in 2025: €2,550
- Current portion of long-term debt +€2,265
new in 2025: €2,265
- Tax, wage and social debts +€2,249
up €2,249 (+195.5%), from €1,150 to €3,399
- Trade debts +€929
up €929 (+26465.5%), from €4 to €932
- Gross operating margin +€11,605
up €11,605 (+205.5%), from €5,646 to €17,251
- Taxes +€2,249
up €2,249 (+195.5%), from €1,150 to €3,399
- Other operating charges +€400
new in 2025: €400
- Depreciation +€383
new in 2025: €383
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 | €13,470 | €34,313 | +€20,842 | +154.7% |
| Fixed assets | 21/28 | - | €9,327 | +€9,327 | |
| Tangible fixed assets | 22/27 | - | €9,327 | +€9,327 | |
| Plant, machinery and equipment | 23 | - | €1,190 | +€1,190 | |
| Furniture and vehicles | 24 | - | €8,137 | +€8,137 | |
| Current assets | 29/58 | €13,470 | €24,986 | +€11,516 | +85.5% |
| Amounts receivable within one year | 40/41 | €2,203 | €12,340 | +€10,137 | +460.0% |
| Trade receivables | 40 | €2,005 | €9,982 | +€7,977 | +397.8% |
| Other amounts receivable | 41 | €198 | €2,358 | +€2,160 | +1089.9% |
| Cash at bank and in hand | 54/58 | €11,267 | €11,950 | +€683 | +6.1% |
| Deferred charges and accrued income | 490/1 | - | €696 | +€696 | |
| Total equity and liabilities | 10/49 | €13,470 | €34,313 | +€20,842 | +154.7% |
| Equity | 10/15 | €9,167 | €21,921 | +€12,754 | +139.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,167 | €20,921 | +€12,754 | +156.2% |
| Amounts payable | 17/49 | €4,303 | €12,392 | +€8,089 | +188.0% |
| Amounts payable after more than one year | 17 | - | €2,550 | +€2,550 | |
| Financial debts | 170/4 | - | €2,550 | +€2,550 | |
| Amounts payable within one year | 42/48 | €4,303 | €9,842 | +€5,539 | +128.7% |
| Current portion of amounts payable after more than one year | 42 | - | €2,265 | +€2,265 | |
| Trade debts | 44 | €4 | €932 | +€929 | +26465.5% |
| Suppliers | 440/4 | €4 | €932 | +€929 | +26465.5% |
| Taxes, remuneration and social security | 45 | €1,150 | €3,399 | +€2,249 | +195.5% |
| Taxes | 450/3 | €1,150 | €3,399 | +€2,249 | +195.5% |
| Other amounts payable | 47/48 | €3,149 | €3,245 | +€96 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €383 | +€383 | |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Non-recurring operating charges | 66A | €78 | - | -€78 | |
| Gross operating margin | 9900 | €5,646 | €17,251 | +€11,605 | +205.5% |
| Operating profit (loss) | 9901 | €5,568 | €16,469 | +€10,901 | +195.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -96.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -96.0% |
| Financial charges | 65/66B | €408 | €316 | -€92 | -22.6% |
| Recurring financial charges | 65 | €408 | €316 | -€92 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €5,160 | €16,153 | +€10,993 | +213.0% |
| Income taxes | 67/77 | €1,150 | €3,399 | +€2,249 | +195.5% |
| Profit (loss) for the period | 9904 | €4,010 | €12,754 | +€8,744 | +218.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,010 | €12,754 | +€8,744 | +218.1% |
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 11 October 2026 via checked.be.