RIDACONSTRUCT: 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.
RIDACONSTRUCT
Largest movements
- Receivables within one year -€1.5m
down €1.5m (-70.0%), from €2.1m to €640,452
of which Trade receivables: -€1.5m
- Cash -€126,425
down €126,425 (-37.6%), from €335,885 to €209,460
mainly Trade debts (-€1.8m) and Contributions, distributions and other (-€333)
- Tangible fixed assets -€42,671
down €42,671 (-59.3%), from €71,907 to €29,237
- Trade debts -€1.8m
down €1.8m (-76.2%), from €2.3m to €559,636
- Profit (loss) carried forward +€93,913
up €93,913 (+56.1%), from €167,454 to €261,366
- Tax, wage and social debts +€29,688
up €29,688 (+254.7%), from €11,658 to €41,346
of which Taxes: +€41,346
- Gross operating margin +€113,920
up €113,920 (+110.2%), from €103,372 to €217,291
- Taxes +€41,216
new in 2024: €41,216
- Financial charges +€29,036
new in 2024: €29,036
- Depreciation -€19,005
down €19,005 (-30.8%), from €61,676 to €42,671
- Other operating charges +€5,744
up €5,744 (+131.2%), from €4,378 to €10,123
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.
Cash bridge derived
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 | €2,545,888 | €879,148 | -€1.7m | -65.5% |
| Fixed assets | 21/28 | €71,907 | €29,237 | -€42,671 | -59.3% |
| Tangible fixed assets | 22/27 | €71,907 | €29,237 | -€42,671 | -59.3% |
| Furniture and vehicles | 24 | €71,907 | €29,237 | -€42,671 | -59.3% |
| Current assets | 29/58 | €2,473,981 | €849,911 | -€1.6m | -65.6% |
| Amounts receivable within one year | 40/41 | €2,138,096 | €640,452 | -€1.5m | -70.0% |
| Trade receivables | 40 | €2,091,321 | €542,390 | -€1.5m | -74.1% |
| Other amounts receivable | 41 | €46,775 | €98,062 | +€51,287 | +109.6% |
| Cash at bank and in hand | 54/58 | €335,885 | €209,460 | -€126,425 | -37.6% |
| Total equity and liabilities | 10/49 | €2,545,888 | €879,148 | -€1.7m | -65.5% |
| Equity | 10/15 | €184,254 | €278,166 | +€93,913 | +51.0% |
| Contributions | 10/11 | €16,800 | €16,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €167,454 | €261,366 | +€93,913 | +56.1% |
| Amounts payable | 17/49 | €2,361,634 | €600,981 | -€1.8m | -74.6% |
| Amounts payable within one year | 42/48 | €2,361,634 | €600,981 | -€1.8m | -74.6% |
| Trade debts | 44 | €2,349,976 | €559,636 | -€1.8m | -76.2% |
| Suppliers | 440/4 | €2,349,976 | €559,636 | -€1.8m | -76.2% |
| Taxes, remuneration and social security | 45 | €11,658 | €41,346 | +€29,688 | +254.7% |
| Taxes | 450/3 | - | €41,346 | +€41,346 | |
| Remuneration and social security | 454/9 | €11,658 | - | -€11,658 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,676 | €42,671 | -€19,005 | -30.8% |
| Other operating charges | 640/8 | €4,378 | €10,123 | +€5,744 | +131.2% |
| Gross operating margin | 9900 | €103,372 | €217,291 | +€113,920 | +110.2% |
| Operating profit (loss) | 9901 | €37,318 | €164,498 | +€127,180 | +340.8% |
| Financial charges | 65/66B | - | €29,036 | +€29,036 | |
| Recurring financial charges | 65 | - | €29,036 | +€29,036 | |
| Profit (loss) for the period before taxes | 9903 | €37,318 | €135,462 | +€98,145 | +263.0% |
| Income taxes | 67/77 | - | €41,216 | +€41,216 | |
| Profit (loss) for the period | 9904 | €37,318 | €94,246 | +€56,929 | +152.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,318 | €94,246 | +€56,929 | +152.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.