RIDDER & HOVE: 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.
RIDDER & HOVE
Largest movements
- Tangible fixed assets -€63,207
down €63,207 (-21.5%), from €294,655 to €231,448
of which Plant, machinery and equipment: -€33,671
- Current investments +€46,535
new in 2025: €46,535
- Stocks and contracts -€8,689
down €8,689 (-24.9%), from €34,848 to €26,159
- Cash +€4,381
up €4,381 (+6.9%), from €63,400 to €67,781
mainly Depreciation (+€68,728) and Net result for the year (+€66,538)
- Debts after one year -€76,441
down €76,441 (-57.8%), from €132,241 to €55,800
of which Financial debts: -€76,441
- Reserves +€56,206
up €56,206 (+100%), from €55,950 to €112,156
- Other debts +€5,342
up €5,342 (+24.0%), from €22,219 to €27,561
- Tax, wage and social debts -€4,349
down €4,349 (-17.5%), from €24,909 to €20,560
of which Remuneration and social security: -€3,213
- Gross operating margin +€39,263
up €39,263 (+10.5%), from €375,066 to €414,329
- Taxes +€10,748
up €10,748 (+69.6%), from €15,440 to €26,187
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.
Derived cash bridge
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 | €398,192 | €381,505 | -€16,687 | -4.2% |
| Fixed assets | 21/28 | €294,655 | €231,448 | -€63,207 | -21.5% |
| Tangible fixed assets | 22/27 | €294,655 | €231,448 | -€63,207 | -21.5% |
| Land and buildings | 22 | €157,563 | €128,413 | -€29,150 | -18.5% |
| Plant, machinery and equipment | 23 | €132,501 | €98,830 | -€33,671 | -25.4% |
| Furniture and vehicles | 24 | €4,591 | €4,204 | -€387 | -8.4% |
| Current assets | 29/58 | €103,537 | €150,057 | +€46,520 | +44.9% |
| Stocks and contracts in progress | 3 | €34,848 | €26,159 | -€8,689 | -24.9% |
| Stocks | 30/36 | €34,848 | €26,159 | -€8,689 | -24.9% |
| Amounts receivable within one year | 40/41 | €804 | €1,590 | +€786 | +97.8% |
| Other amounts receivable | 41 | €804 | €1,590 | +€786 | +97.8% |
| Current investments | 50/53 | - | €46,535 | +€46,535 | |
| Cash at bank and in hand | 54/58 | €63,400 | €67,781 | +€4,381 | +6.9% |
| Deferred charges and accrued income | 490/1 | €4,485 | €7,993 | +€3,507 | +78.2% |
| Total equity and liabilities | 10/49 | €398,192 | €381,505 | -€16,687 | -4.2% |
| Equity | 10/15 | €118,150 | €174,356 | +€56,206 | +47.6% |
| Contributions | 10/11 | €12,200 | €12,200 | = | 0.0% |
| Revaluation surpluses | 12 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €55,950 | €112,156 | +€56,206 | +100% |
| Distributable reserves | 133 | €55,950 | €112,156 | +€56,206 | +100% |
| Amounts payable | 17/49 | €280,042 | €207,149 | -€72,893 | -26.0% |
| Amounts payable after more than one year | 17 | €132,241 | €55,800 | -€76,441 | -57.8% |
| Financial debts | 170/4 | €131,295 | €54,854 | -€76,441 | -58.2% |
| Other amounts payable | 178/9 | €946 | €946 | = | 0.0% |
| Amounts payable within one year | 42/48 | €147,137 | €150,635 | +€3,498 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €77,747 | €76,441 | -€1,307 | -1.7% |
| Trade debts | 44 | €22,262 | €26,074 | +€3,812 | +17.1% |
| Suppliers | 440/4 | €22,262 | €26,074 | +€3,812 | +17.1% |
| Taxes, remuneration and social security | 45 | €24,909 | €20,560 | -€4,349 | -17.5% |
| Taxes | 450/3 | €4,347 | €3,211 | -€1,136 | -26.1% |
| Remuneration and social security | 454/9 | €20,562 | €17,349 | -€3,213 | -15.6% |
| Other amounts payable | 47/48 | €22,219 | €27,561 | +€5,342 | +24.0% |
| Accrued charges and deferred income | 492/3 | €664 | €714 | +€49 | +7.4% |
| Remuneration, social security and pensions | 62 | €239,197 | €238,741 | -€456 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,535 | €68,728 | -€807 | -1.2% |
| Other operating charges | 640/8 | €3,653 | €5,745 | +€2,092 | +57.3% |
| Gross operating margin | 9900 | €375,066 | €414,329 | +€39,263 | +10.5% |
| Operating profit (loss) | 9901 | €62,681 | €101,116 | +€38,435 | +61.3% |
| Financial income | 75/76B | €180 | €1,052 | +€872 | +485% |
| Recurring financial income | 75 | €180 | €1,052 | +€872 | +485% |
| Financial charges | 65/66B | €12,661 | €9,442 | -€3,219 | -25.4% |
| Recurring financial charges | 65 | €12,661 | €9,442 | -€3,219 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €50,200 | €92,726 | +€42,526 | +84.7% |
| Income taxes | 67/77 | €15,440 | €26,187 | +€10,748 | +69.6% |
| Profit (loss) for the period | 9904 | €34,760 | €66,538 | +€31,778 | +91.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,760 | €66,538 | +€31,778 | +91.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.