Ride in: 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.
Ride in
Largest movements
- Stocks and contracts +€48,201
up €48,201 (+27.0%), from €178,844 to €227,045
- Tangible fixed assets +€23,778
up €23,778 (+249%), from €9,535 to €33,313
of which Furniture and vehicles: +€22,598
- Receivables within one year +€8,247
up €8,247 (+100%), from €8,215 to €16,462
- Profit (loss) carried forward +€33,065
up €33,065 (+47.6%), from €69,450 to €102,514
- Debts after one year +€19,982
up €19,982 (+57.1%), from €35,000 to €54,982
- Trade debts +€16,596
up €16,596 (+25.4%), from €65,425 to €82,021
- Other debts +€5,421
up €5,421 (+20.2%), from €26,795 to €32,216
- Current portion of long-term debt +€4,864
new in 2025: €4,864
- Gross operating margin +€25,631
up €25,631 (+32.6%), from €78,686 to €104,317
- Staff costs +€4,652
up €4,652 (+10.2%), from €45,523 to €50,174
- Taxes +€3,837
up €3,837 (+70.5%), from €5,445 to €9,281
- Other operating charges +€1,743
up €1,743 (+429%), from €406 to €2,150
- Depreciation +€1,463
up €1,463 (+33.6%), from €4,360 to €5,824
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 | €233,672 | €313,957 | +€80,285 | +34.4% |
| Fixed assets | 21/28 | €9,535 | €33,313 | +€23,778 | +249% |
| Tangible fixed assets | 22/27 | €9,535 | €33,313 | +€23,778 | +249% |
| Plant, machinery and equipment | 23 | €2,988 | €4,174 | +€1,186 | +39.7% |
| Furniture and vehicles | 24 | €1,942 | €24,540 | +€22,598 | +1,164% |
| Other tangible fixed assets | 26 | €4,605 | €4,599 | -€6 | -0.1% |
| Current assets | 29/58 | €224,137 | €280,643 | +€56,506 | +25.2% |
| Stocks and contracts in progress | 3 | €178,844 | €227,045 | +€48,201 | +27.0% |
| Stocks | 30/36 | €178,844 | €227,045 | +€48,201 | +27.0% |
| Amounts receivable within one year | 40/41 | €8,215 | €16,462 | +€8,247 | +100% |
| Trade receivables | 40 | €8,215 | €16,462 | +€8,247 | +100% |
| Cash at bank and in hand | 54/58 | €29,491 | €28,281 | -€1,210 | -4.1% |
| Deferred charges and accrued income | 490/1 | €7,587 | €8,855 | +€1,268 | +16.7% |
| Total equity and liabilities | 10/49 | €233,672 | €313,957 | +€80,285 | +34.4% |
| Equity | 10/15 | €79,450 | €112,514 | +€33,065 | +41.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,450 | €102,514 | +€33,065 | +47.6% |
| Amounts payable | 17/49 | €154,222 | €201,443 | +€47,220 | +30.6% |
| Amounts payable after more than one year | 17 | €35,000 | €54,982 | +€19,982 | +57.1% |
| Financial debts | 170/4 | €35,000 | €54,982 | +€19,982 | +57.1% |
| Amounts payable within one year | 42/48 | €118,340 | €145,248 | +€26,908 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | - | €4,864 | +€4,864 | |
| Trade debts | 44 | €65,425 | €82,021 | +€16,596 | +25.4% |
| Suppliers | 440/4 | €65,425 | €82,021 | +€16,596 | +25.4% |
| Taxes, remuneration and social security | 45 | €26,120 | €26,148 | +€28 | +0.1% |
| Taxes | 450/3 | €18,285 | €20,114 | +€1,829 | +10.0% |
| Remuneration and social security | 454/9 | €7,835 | €6,034 | -€1,802 | -23.0% |
| Other amounts payable | 47/48 | €26,795 | €32,216 | +€5,421 | +20.2% |
| Accrued charges and deferred income | 492/3 | €882 | €1,212 | +€330 | +37.4% |
| Remuneration, social security and pensions | 62 | €45,523 | €50,174 | +€4,652 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,360 | €5,824 | +€1,463 | +33.6% |
| Other operating charges | 640/8 | €406 | €2,150 | +€1,743 | +429% |
| Gross operating margin | 9900 | €78,686 | €104,317 | +€25,631 | +32.6% |
| Operating profit (loss) | 9901 | €28,397 | €46,170 | +€17,773 | +62.6% |
| Financial income | 75/76B | €701 | €676 | -€25 | -3.5% |
| Recurring financial income | 75 | €701 | €676 | -€25 | -3.5% |
| Financial charges | 65/66B | €2,866 | €3,310 | +€444 | +15.5% |
| Recurring financial charges | 65 | €2,866 | €3,310 | +€444 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | €26,232 | €43,536 | +€17,304 | +66.0% |
| Income taxes | 67/77 | €5,445 | €9,281 | +€3,837 | +70.5% |
| Profit (loss) for the period | 9904 | €20,787 | €34,255 | +€13,467 | +64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,787 | €34,255 | +€13,467 | +64.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.