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Ridder Stroo: 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.

What changed

Ridder Stroo

BE 0730.891.733
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€74,893
2024 · -€15,639-€59,254
Equity
-€40,711
2024 · €34,183-€74,893
Cash
€9,585
2024 · €4,300+€5,285
Balance sheet total
€2.6m
2024 · €3.7m-€1.1m

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€886,326

    down €886,326 (-25.6%), from €3.5m to €2.6m

    of which Land and buildings: -€912,722

  • Stocks and contracts -€220,504

    no longer reported in 2025 (was €220,504)

Equity and liabilities
  • Other debts -€730,150

    no longer reported in 2025 (was €730,150)

  • Debts after one year -€149,255

    down €149,255 (-5.5%), from €2.7m to €2.6m

  • Trade debts -€134,277

    down €134,277 (-60.1%), from €223,522 to €89,245

  • Profit (loss) carried forward -€74,893

    down €74,893 (-274.2%), from -€27,317 to -€102,211

Income statement
  • Other operating charges +€61,382

    up €61,382 (+42.2%), from €145,600 to €206,982

  • Gross operating margin -€39,941

    down €39,941 (-10.8%), from €368,264 to €328,323

  • Financial income +€33,071

    new in 2025: €33,071

  • Financial charges -€6,232

    down €6,232 (-2.8%), from €221,216 to €214,984

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€15,639
Gross operating margin -€39,941
Depreciation +€2,765
Other operating charges -€61,382
Financial income +€33,071
Financial charges +€6,232
Result 2025 -€74,893

Cash bridge derived

cash 2024 to 2025

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.

From operations -€717,464
Investment +€872,005
Financing -€149,255
Cash 2024 €4,300
Net result for the year -€74,893
Depreciation +€14,322
Stocks and contracts +€220,504
Receivables within one year -€11,244
Trade debts -€134,277
Smaller working-capital items -€1,726
Other debts -€730,150
Investment in fixed assets (net) +€872,005
Debts after one year -€149,255
Cash 2025 €9,585
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €3,712,261 €2,621,960 -€1.1m -29.4%
Fixed assets 21/28 €3,459,949 €2,573,623 -€886,326 -25.6%
Tangible fixed assets 22/27 €3,459,949 €2,573,623 -€886,326 -25.6%
Land and buildings 22 €2,784,194 €1,871,471 -€912,722 -32.8%
Assets under construction and advance payments 27 €675,756 €702,152 +€26,396 +3.9%
Current assets 29/58 €252,312 €48,337 -€203,975 -80.8%
Stocks and contracts in progress 3 €220,504 - -€220,504
Stocks 30/36 €220,504 - -€220,504
Amounts receivable within one year 40/41 €27,508 €38,752 +€11,244 +40.9%
Trade receivables 40 €24,796 €31,472 +€6,676 +26.9%
Other amounts receivable 41 €2,712 €7,280 +€4,568 +168.4%
Cash at bank and in hand 54/58 €4,300 €9,585 +€5,285 +122.9%
Total equity and liabilities 10/49 €3,712,261 €2,621,960 -€1.1m -29.4%
Equity 10/15 €34,183 -€40,711 -€74,893
Contributions 10/11 €61,500 €61,500 = 0.0%
Capital 10 €61,500 €61,500 = 0.0%
Issued capital 100 €61,500 €61,500 = 0.0%
Profit (loss) carried forward 14 -€27,317 -€102,211 -€74,893 -274.2%
Amounts payable 17/49 €3,678,079 €2,662,671 -€1.0m -27.6%
Amounts payable after more than one year 17 €2,722,473 €2,573,218 -€149,255 -5.5%
Financial debts 170/4 €2,722,473 €2,573,218 -€149,255 -5.5%
Amounts payable within one year 42/48 €955,565 €89,414 -€866,151 -90.6%
Trade debts 44 €223,522 €89,245 -€134,277 -60.1%
Suppliers 440/4 €223,522 €89,245 -€134,277 -60.1%
Advances received on contracts in progress 46 €1,893 - -€1,893
Taxes, remuneration and social security 45 - €169 +€169
Taxes 450/3 - €169 +€169
Other amounts payable 47/48 €730,150 - -€730,150
Accrued charges and deferred income 492/3 €41 €39 -€2 -5.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €17,087 €14,322 -€2,765 -16.2%
Other operating charges 640/8 €145,600 €206,982 +€61,382 +42.2%
Gross operating margin 9900 €368,264 €328,323 -€39,941 -10.8%
Operating profit (loss) 9901 €205,577 €107,020 -€98,558 -47.9%
Financial income 75/76B - €33,071 +€33,071
Recurring financial income 75 - €33,071 +€33,071
Financial charges 65/66B €221,216 €214,984 -€6,232 -2.8%
Recurring financial charges 65 €221,216 €214,984 -€6,232 -2.8%
Profit (loss) for the period before taxes 9903 -€15,639 -€74,893 -€59,254 -378.9%
Profit (loss) for the period 9904 -€15,639 -€74,893 -€59,254 -378.9%
Profit (loss) for the period to be appropriated 9905 -€15,639 -€74,893 -€59,254 -378.9%

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 29 September 2026 via checked.be.