Ribon: what changed
What changed
Ribon
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
€60,787
2024 · €46,730+€14,057
Equity
€119,351
2024 · €96,232+€23,120
Cash
€66,153
2024 · €66,868-€715
Balance sheet total
€196,395
2024 · €159,275+€37,120
Largest movements
Assets
- Receivables within one year +€35,203
up €35,203 (+485%), from €7,258 to €42,461
of which Trade receivables: +€35,233
- Tangible fixed assets +€16,231
up €16,231 (+71.2%), from €22,796 to €39,027
of which Other tangible fixed assets: +€12,715
- Receivables after one year -€12,688
down €12,688 (-21.2%), from €59,948 to €47,260
Equity and liabilities
- Reserves +€23,120
up €23,120 (+25.7%), from €90,032 to €113,151
- Tax, wage and social debts +€7,884
up €7,884 (+29.7%), from €26,544 to €34,429
- Accrued charges and deferred income +€6,756
up €6,756 (+450%), from €1,500 to €8,256
- Debts after one year -€4,887
down €4,887 (-20.5%), from €23,871 to €18,984
- Trade debts +€4,080
up €4,080 (+63.7%), from €6,409 to €10,489
Income statement
- Gross operating margin +€19,419
up €19,419 (+27.4%), from €70,933 to €90,351
- Taxes +€5,374
up €5,374 (+26.7%), from €20,136 to €25,510
- Depreciation +€2,008
up €2,008 (+66.2%), from €3,034 to €5,042
- Other operating charges -€916
down €916 (-49.6%), from €1,847 to €931
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.
Result 2024
€46,730
Gross operating margin
+€19,419
Depreciation
-€2,008
Other operating charges
+€916
Financial income
+€637
Financial charges
+€467
Taxes
-€5,374
Result 2025
€60,787
raises the resultlowers the result
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.
From operations
+€62,244
Investment
-€20,573
Financing
-€42,387
Cash 2024
€66,868
From operations (derived)
+€62,244
Net result for the year
+€60,787
Depreciation
+€5,042
Receivables after one year
+€12,688
Receivables within one year
-€35,203
Deferred charges and accrued income
+€210
Trade debts
+€4,080
Tax, wage and social debts
+€7,884
Accrued charges and deferred income
+€6,756
Investment (derived)
-€20,573
Investment in fixed assets (net)
-€20,573
Financing
-€42,387
Debts after one year
-€4,887
Current portion of long-term debt
+€168
Contributions, distributions and other
-€37,667
Cash 2025
€66,153
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,275 | €196,395 | +€37,120 | +23.3% |
| Fixed assets | 21/28 | €23,796 | €39,327 | +€15,531 | +65.3% |
| Intangible fixed assets | 21 | €1,000 | €300 | -€700 | -70.0% |
| Tangible fixed assets | 22/27 | €22,796 | €39,027 | +€16,231 | +71.2% |
| Plant, machinery and equipment | 23 | €834 | €2,006 | +€1,172 | +141% |
| Furniture and vehicles | 24 | €4,877 | €7,221 | +€2,343 | +48.1% |
| Other tangible fixed assets | 26 | €17,085 | €29,801 | +€12,715 | +74.4% |
| Current assets | 29/58 | €135,479 | €157,068 | +€21,589 | +15.9% |
| Amounts receivable after more than one year | 29 | €59,948 | €47,260 | -€12,688 | -21.2% |
| Other amounts receivable | 291 | €59,948 | €47,260 | -€12,688 | -21.2% |
| Amounts receivable within one year | 40/41 | €7,258 | €42,461 | +€35,203 | +485% |
| Trade receivables | 40 | €7,077 | €42,309 | +€35,233 | +498% |
| Other amounts receivable | 41 | €182 | €152 | -€30 | -16.5% |
| Cash at bank and in hand | 54/58 | €66,868 | €66,153 | -€715 | -1.1% |
| Deferred charges and accrued income | 490/1 | €1,404 | €1,194 | -€210 | -15.0% |
| Total equity and liabilities | 10/49 | €159,275 | €196,395 | +€37,120 | +23.3% |
| Equity | 10/15 | €96,232 | €119,351 | +€23,120 | +24.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €90,032 | €113,151 | +€23,120 | +25.7% |
| Distributable reserves | 133 | €90,032 | €113,151 | +€23,120 | +25.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €63,043 | €77,044 | +€14,001 | +22.2% |
| Amounts payable after more than one year | 17 | €23,871 | €18,984 | -€4,887 | -20.5% |
| Financial debts | 170/4 | €23,871 | €18,984 | -€4,887 | -20.5% |
| Amounts payable within one year | 42/48 | €37,672 | €49,804 | +€12,132 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | €4,719 | €4,887 | +€168 | +3.6% |
| Trade debts | 44 | €6,409 | €10,489 | +€4,080 | +63.7% |
| Suppliers | 440/4 | €6,409 | €10,489 | +€4,080 | +63.7% |
| Taxes, remuneration and social security | 45 | €26,544 | €34,429 | +€7,884 | +29.7% |
| Taxes | 450/3 | €26,544 | €34,429 | +€7,884 | +29.7% |
| Accrued charges and deferred income | 492/3 | €1,500 | €8,256 | +€6,756 | +450% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,034 | €5,042 | +€2,008 | +66.2% |
| Other operating charges | 640/8 | €1,847 | €931 | -€916 | -49.6% |
| Gross operating margin | 9900 | €70,933 | €90,351 | +€19,419 | +27.4% |
| Operating profit (loss) | 9901 | €66,052 | €84,378 | +€18,327 | +27.7% |
| Financial income | 75/76B | €2,268 | €2,905 | +€637 | +28.1% |
| Recurring financial income | 75 | €2,268 | €2,905 | +€637 | +28.1% |
| Financial charges | 65/66B | €1,453 | €987 | -€467 | -32.1% |
| Recurring financial charges | 65 | €1,453 | €987 | -€467 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €66,866 | €86,297 | +€19,431 | +29.1% |
| Income taxes | 67/77 | €20,136 | €25,510 | +€5,374 | +26.7% |
| Profit (loss) for the period | 9904 | €46,730 | €60,787 | +€14,057 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,730 | €60,787 | +€14,057 | +30.1% |
Next steps
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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 5 November 2026 via checked.be.