RIBEN: 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.
RIBEN
Largest movements
- Tangible fixed assets -€76,290
down €76,290 (-3.0%), from €2.5m to €2.5m
of which Land and buildings: -€41,014
- Other debts -€92,942
down €92,942 (-2.6%), from €3.6m to €3.5m
- Reserves +€88,471
up €88,471 (+47.2%), from €187,387 to €275,859
- Trade debts -€78,788
down €78,788 (-94.8%), from €83,070 to €4,283
- Financial income -€580,752
down €580,752 (-99.4%), from €584,059 to €3,307
- Financial charges -€463,191
down €463,191 (-95.9%), from €482,811 to €19,620
of which Non-recurring financial charges: -€473,568
- Taxes +€11,473
up €11,473 (+55.9%), from €20,524 to €31,997
- Gross operating margin +€7,946
up €7,946 (+3.7%), from €216,678 to €224,623
- Depreciation -€2,510
down €2,510 (-3.1%), from €80,564 to €78,054
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 | €4,581,316 | €4,481,783 | -€99,534 | -2.2% |
| Fixed assets | 21/28 | €3,876,911 | €3,800,621 | -€76,290 | -2.0% |
| Tangible fixed assets | 22/27 | €2,548,886 | €2,472,597 | -€76,290 | -3.0% |
| Land and buildings | 22 | €2,377,897 | €2,336,883 | -€41,014 | -1.7% |
| Plant, machinery and equipment | 23 | €1,591 | €1,184 | -€407 | -25.6% |
| Furniture and vehicles | 24 | €115,662 | €87,216 | -€28,445 | -24.6% |
| Other tangible fixed assets | 26 | €53,737 | €47,313 | -€6,424 | -12.0% |
| Financial fixed assets | 28 | €1,328,024 | €1,328,024 | = | 0.0% |
| Current assets | 29/58 | €704,406 | €681,162 | -€23,244 | -3.3% |
| Stocks and contracts in progress | 3 | €570,787 | €570,787 | = | 0.0% |
| Stocks | 30/36 | €570,787 | €570,787 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €99,350 | €90,592 | -€8,758 | -8.8% |
| Trade receivables | 40 | €4,982 | €7,106 | +€2,124 | +42.6% |
| Other amounts receivable | 41 | €94,367 | €83,486 | -€10,881 | -11.5% |
| Cash at bank and in hand | 54/58 | €24,944 | €14,009 | -€10,936 | -43.8% |
| Deferred charges and accrued income | 490/1 | €9,325 | €5,774 | -€3,551 | -38.1% |
| Total equity and liabilities | 10/49 | €4,581,316 | €4,481,783 | -€99,534 | -2.2% |
| Equity | 10/15 | €337,387 | €425,859 | +€88,471 | +26.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €187,387 | €275,859 | +€88,471 | +47.2% |
| Distributable reserves | 133 | €187,387 | €275,859 | +€88,471 | +47.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €4,243,929 | €4,055,924 | -€188,005 | -4.4% |
| Amounts payable after more than one year | 17 | €542,557 | €507,999 | -€34,558 | -6.4% |
| Financial debts | 170/4 | €542,557 | €507,012 | -€35,545 | -6.6% |
| Other amounts payable | 178/9 | - | €987 | +€987 | |
| Amounts payable within one year | 42/48 | €3,698,203 | €3,536,964 | -€161,238 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €35,013 | €35,545 | +€532 | +1.5% |
| Financial debts | 43 | €0 | €625 | +€625 | |
| Credit institutions | 430/8 | - | €625 | +€625 | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €83,070 | €4,283 | -€78,788 | -94.8% |
| Suppliers | 440/4 | €83,070 | €4,283 | -€78,788 | -94.8% |
| Taxes, remuneration and social security | 45 | €22,611 | €31,945 | +€9,335 | +41.3% |
| Taxes | 450/3 | €22,451 | €31,785 | +€9,335 | +41.6% |
| Remuneration and social security | 454/9 | €160 | €160 | = | 0.0% |
| Other amounts payable | 47/48 | €3,557,508 | €3,464,566 | -€92,942 | -2.6% |
| Accrued charges and deferred income | 492/3 | €3,169 | €10,960 | +€7,791 | +245.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,564 | €78,054 | -€2,510 | -3.1% |
| Other operating charges | 640/8 | €7,731 | €9,788 | +€2,057 | +26.6% |
| Gross operating margin | 9900 | €216,678 | €224,623 | +€7,946 | +3.7% |
| Operating profit (loss) | 9901 | €128,382 | €136,781 | +€8,400 | +6.5% |
| Financial income | 75/76B | €584,059 | €3,307 | -€580,752 | -99.4% |
| Recurring financial income | 75 | €584,059 | €3,307 | -€580,752 | -99.4% |
| Financial charges | 65/66B | €482,811 | €19,620 | -€463,191 | -95.9% |
| Recurring financial charges | 65 | €9,244 | €19,620 | +€10,377 | +112.3% |
| Non-recurring financial charges | 66B | €473,568 | €0 | -€473,568 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €229,629 | €120,468 | -€109,161 | -47.5% |
| Income taxes | 67/77 | €20,524 | €31,997 | +€11,473 | +55.9% |
| Profit (loss) for the period | 9904 | €209,105 | €88,471 | -€120,634 | -57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €209,105 | €88,471 | -€120,634 | -57.7% |
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.