RIDACO: 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.
RIDACO
Largest movements
- Current investments +€35,336
up €35,336 (+22.4%), from €157,419 to €192,755
- Cash -€13,588
down €13,588 (-22.5%), from €60,349 to €46,761
mainly Current investments (-€35,336) and Receivables within one year (-€2,188)
- Reserves +€21,794
up €21,794 (+14.4%), from €151,325 to €173,119
- Gross operating margin +€9,150
up €9,150 (+39.3%), from €23,266 to €32,415
- Taxes +€4,015
up €4,015 (+64.9%), from €6,189 to €10,204
- Depreciation -€468
down €468 (-95.0%), from €493 to €24
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 | €247,004 | €270,534 | +€23,530 | +9.5% |
| Fixed assets | 21/28 | €1,157 | €2,164 | +€1,007 | +87.0% |
| Tangible fixed assets | 22/27 | - | €1,007 | +€1,007 | |
| Plant, machinery and equipment | 23 | - | €1,007 | +€1,007 | |
| Financial fixed assets | 28 | €1,157 | €1,157 | = | 0.0% |
| Current assets | 29/58 | €245,847 | €268,370 | +€22,523 | +9.2% |
| Amounts receivable within one year | 40/41 | €24,999 | €27,186 | +€2,188 | +8.8% |
| Trade receivables | 40 | €14,810 | €23,275 | +€8,465 | +57.2% |
| Other amounts receivable | 41 | €10,189 | €3,911 | -€6,277 | -61.6% |
| Current investments | 50/53 | €157,419 | €192,755 | +€35,336 | +22.4% |
| Cash at bank and in hand | 54/58 | €60,349 | €46,761 | -€13,588 | -22.5% |
| Deferred charges and accrued income | 490/1 | €3,081 | €1,669 | -€1,412 | -45.8% |
| Total equity and liabilities | 10/49 | €247,004 | €270,534 | +€23,530 | +9.5% |
| Equity | 10/15 | €231,800 | €253,593 | +€21,794 | +9.4% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €151,325 | €173,119 | +€21,794 | +14.4% |
| Distributable reserves | 133 | €151,325 | €173,119 | +€21,794 | +14.4% |
| Profit (loss) carried forward | 14 | €66,214 | €66,214 | = | 0.0% |
| Amounts payable | 17/49 | €15,204 | €16,941 | +€1,736 | +11.4% |
| Amounts payable within one year | 42/48 | €15,204 | €16,941 | +€1,736 | +11.4% |
| Trade debts | 44 | €1,572 | €2,928 | +€1,356 | +86.3% |
| Suppliers | 440/4 | €1,572 | €2,928 | +€1,356 | +86.3% |
| Taxes, remuneration and social security | 45 | €8,706 | €9,325 | +€619 | +7.1% |
| Taxes | 450/3 | €8,706 | €9,325 | +€619 | +7.1% |
| Other amounts payable | 47/48 | €4,927 | €4,688 | -€239 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €493 | €24 | -€468 | -95.0% |
| Other operating charges | 640/8 | €806 | €832 | +€27 | +3.3% |
| Gross operating margin | 9900 | €23,266 | €32,415 | +€9,150 | +39.3% |
| Operating profit (loss) | 9901 | €21,967 | €31,559 | +€9,591 | +43.7% |
| Financial income | 75/76B | €746 | €728 | -€18 | -2.4% |
| Recurring financial income | 75 | €746 | €728 | -€18 | -2.4% |
| Financial charges | 65/66B | €131 | €289 | +€158 | +121.4% |
| Recurring financial charges | 65 | €131 | €289 | +€158 | +121.4% |
| Profit (loss) for the period before taxes | 9903 | €22,582 | €31,997 | +€9,415 | +41.7% |
| Income taxes | 67/77 | €6,189 | €10,204 | +€4,015 | +64.9% |
| Profit (loss) for the period | 9904 | €16,394 | €21,794 | +€5,400 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,394 | €21,794 | +€5,400 | +32.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.