RIBEMINVEST: 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.
RIBEMINVEST
Largest movements
- Tangible fixed assets -€75,774
down €75,774 (-7.5%), from €1.0m to €935,560
of which Land and buildings: -€70,040
- Receivables within one year +€52,684
up €52,684 (+92.5%), from €56,950 to €109,634
- Reserves -€34,329
down €34,329 (-18.4%), from €186,389 to €152,060
of which Tax-exempt reserves: -€34,329
- Profit (loss) carried forward +€29,059
up €29,059 (+34.4%), from €84,465 to €113,524
- Gross operating margin +€13,439
up €13,439 (+22.4%), from €60,052 to €73,491
- Depreciation -€7,819
down €7,819 (-9.1%), from €86,108 to €78,289
- Financial income +€4,107
up €4,107 (+4,563,022%), from €0 to €4,107
- Other operating charges +€754
up €754 (+5.3%), from €14,323 to €15,077
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,311,037 | €1,302,837 | -€8,199 | -0.6% |
| Fixed assets | 21/28 | €1,242,484 | €1,166,710 | -€75,774 | -6.1% |
| Tangible fixed assets | 22/27 | €1,011,334 | €935,560 | -€75,774 | -7.5% |
| Land and buildings | 22 | €991,663 | €921,623 | -€70,040 | -7.1% |
| Plant, machinery and equipment | 23 | - | €603 | +€603 | |
| Furniture and vehicles | 24 | €19,671 | €13,334 | -€6,337 | -32.2% |
| Financial fixed assets | 28 | €231,150 | €231,150 | = | 0.0% |
| Current assets | 29/58 | €68,553 | €136,128 | +€67,575 | +98.6% |
| Amounts receivable within one year | 40/41 | €56,950 | €109,634 | +€52,684 | +92.5% |
| Other amounts receivable | 41 | €56,950 | €109,634 | +€52,684 | +92.5% |
| Current investments | 50/53 | €8,546 | €11,376 | +€2,830 | +33.1% |
| Cash at bank and in hand | 54/58 | €2,141 | €14,437 | +€12,297 | +574% |
| Deferred charges and accrued income | 490/1 | €916 | €681 | -€236 | -25.7% |
| Total equity and liabilities | 10/49 | €1,311,037 | €1,302,837 | -€8,199 | -0.6% |
| Equity | 10/15 | €990,854 | €985,584 | -€5,270 | -0.5% |
| Contributions | 10/11 | €720,000 | €720,000 | = | 0.0% |
| Capital | 10 | €720,000 | €720,000 | = | 0.0% |
| Issued capital | 100 | €720,000 | €720,000 | = | 0.0% |
| Reserves | 13 | €186,389 | €152,060 | -€34,329 | -18.4% |
| Non-distributable reserves | 130/1 | €72,000 | €72,000 | = | 0.0% |
| Legal reserve | 130 | €72,000 | €72,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €111,239 | €76,909 | -€34,329 | -30.9% |
| Distributable reserves | 133 | €3,150 | €3,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,465 | €113,524 | +€29,059 | +34.4% |
| Provisions and deferred taxes | 16 | €37,080 | €25,637 | -€11,443 | -30.9% |
| Deferred taxes | 168 | €37,080 | €25,637 | -€11,443 | -30.9% |
| Amounts payable | 17/49 | €283,104 | €291,617 | +€8,514 | +3.0% |
| Amounts payable within one year | 42/48 | €282,283 | €290,766 | +€8,484 | +3.0% |
| Trade debts | 44 | €10,031 | €19,088 | +€9,057 | +90.3% |
| Suppliers | 440/4 | €10,031 | €19,088 | +€9,057 | +90.3% |
| Taxes, remuneration and social security | 45 | €1,541 | €968 | -€573 | -37.2% |
| Taxes | 450/3 | €1,541 | €968 | -€573 | -37.2% |
| Other amounts payable | 47/48 | €270,711 | €270,711 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €821 | €851 | +€30 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,108 | €78,289 | -€7,819 | -9.1% |
| Other operating charges | 640/8 | €14,323 | €15,077 | +€754 | +5.3% |
| Gross operating margin | 9900 | €60,052 | €73,491 | +€13,439 | +22.4% |
| Operating profit (loss) | 9901 | -€40,379 | -€19,875 | +€20,504 | +50.8% |
| Financial income | 75/76B | €0 | €4,107 | +€4,107 | +4,563,022% |
| Recurring financial income | 75 | €0 | €4,107 | +€4,107 | +4,563,022% |
| Financial charges | 65/66B | €389 | €443 | +€54 | +14.0% |
| Recurring financial charges | 65 | €389 | €443 | +€54 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | -€40,768 | -€16,211 | +€24,556 | +60.2% |
| Transfer from deferred taxes | 780 | €11,443 | €11,443 | = | 0.0% |
| Income taxes | 67/77 | €550 | €502 | -€48 | -8.7% |
| Profit (loss) for the period | 9904 | -€29,875 | -€5,270 | +€24,604 | +82.4% |
| Transfer from tax-exempt reserves | 789 | €34,329 | €34,329 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,455 | €29,059 | +€24,604 | +552% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.