RIBRAJA: what changed
Two fiscal 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.
RIBRAJA
Largest movements
- Tangible fixed assets +€43,138
up €43,138 (+148.5%), from €29,048 to €72,187
of which Furniture and vehicles: +€40,474
- Intangible fixed assets -€11,300
down €11,300 (-13.8%), from €81,601 to €70,301
- Cash -€8,675
down €8,675 (-71.6%), from €12,112 to €3,437
mainly Investment in fixed assets (net) (-€45,490) and Other debts (-€26,489)
- Debts after one year +€26,690
new in 2026: €26,690
- Other debts -€26,489
down €26,489 (-10.7%), from €246,732 to €220,244
- Profit (loss) carried forward +€8,574
up €8,574 (+6.1%), from -€139,735 to -€131,161
- Current portion of long-term debt +€8,310
new in 2026: €8,310
- Trade debts +€5,001
up €5,001 (+7227.1%), from €69 to €5,070
- Depreciation -€5,712
down €5,712 (-29.5%), from €19,364 to €13,651
- Financial charges -€1,608
down €1,608 (-87.5%), from €1,838 to €230
- Other operating charges -€371
down €371 (-26.4%), from €1,403 to €1,032
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €125,667 | €147,753 | +€22,086 | +17.6% |
| Fixed assets | 21/28 | €110,650 | €142,488 | +€31,838 | +28.8% |
| Intangible fixed assets | 21 | €81,601 | €70,301 | -€11,300 | -13.8% |
| Tangible fixed assets | 22/27 | €29,048 | €72,187 | +€43,138 | +148.5% |
| Plant, machinery and equipment | 23 | - | €2,664 | +€2,664 | |
| Furniture and vehicles | 24 | €29,048 | €69,522 | +€40,474 | +139.3% |
| Current assets | 29/58 | €15,017 | €5,265 | -€9,752 | -64.9% |
| Amounts receivable within one year | 40/41 | €799 | - | -€799 | |
| Trade receivables | 40 | €799 | - | -€799 | |
| Cash at bank and in hand | 54/58 | €12,112 | €3,437 | -€8,675 | -71.6% |
| Deferred charges and accrued income | 490/1 | €2,107 | €1,828 | -€278 | -13.2% |
| Total equity and liabilities | 10/49 | €125,667 | €147,753 | +€22,086 | +17.6% |
| Equity | 10/15 | -€121,135 | -€112,561 | +€8,574 | +7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,735 | -€131,161 | +€8,574 | +6.1% |
| Amounts payable | 17/49 | €246,802 | €260,314 | +€13,512 | +5.5% |
| Amounts payable after more than one year | 17 | - | €26,690 | +€26,690 | |
| Financial debts | 170/4 | - | €26,690 | +€26,690 | |
| Amounts payable within one year | 42/48 | €246,802 | €233,624 | -€13,178 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | - | €8,310 | +€8,310 | |
| Trade debts | 44 | €69 | €5,070 | +€5,001 | +7227.1% |
| Suppliers | 440/4 | €69 | €5,070 | +€5,001 | +7227.1% |
| Other amounts payable | 47/48 | €246,732 | €220,244 | -€26,489 | -10.7% |
| Non-recurring operating income | 76A | - | €3,809 | +€3,809 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,364 | €13,651 | -€5,712 | -29.5% |
| Other operating charges | 640/8 | €1,403 | €1,032 | -€371 | -26.4% |
| Gross operating margin | 9900 | €23,580 | €23,487 | -€92 | -0.4% |
| Operating profit (loss) | 9901 | €2,813 | €8,804 | +€5,991 | +212.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,838 | €230 | -€1,608 | -87.5% |
| Recurring financial charges | 65 | €1,838 | €230 | -€1,608 | -87.5% |
| Profit (loss) for the period before taxes | 9903 | €975 | €8,574 | +€7,599 | +779.4% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | €975 | €8,574 | +€7,599 | +779.4% |
| Profit (loss) for the period to be appropriated | 9905 | €975 | €8,574 | +€7,599 | +779.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.