Ridec Consult: 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.
What changed
Ridec Consult
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€99,298
2024 · -€110,758+€11,460
Equity
€1.7m
2024 · €1.8m-€99,298
Cash
€70,080
2024 · €85,999-€15,919
Balance sheet total
€2.1m
2024 · €2.4m-€219,785
Largest movements
Assets
- Current investments -€200,000
no longer reported in 2025 (was €200,000)
- Tangible fixed assets -€92,954
down €92,954 (-5.4%), from €1.7m to €1.6m
of which Land and buildings: -€90,347
- Financial fixed assets +€81,913
up €81,913 (+25.6%), from €320,246 to €402,160
Equity and liabilities
- Profit (loss) carried forward -€86,007
down €86,007 (-22.3%), from €386,021 to €300,014
- Other debts -€61,568
down €61,568 (-18.6%), from €330,374 to €268,805
- Debts after one year -€50,000
down €50,000 (-48.0%), from €104,166 to €54,166
Income statement
- Gross operating margin -€21,955
down €21,955 (-98.8%), from €22,232 to €277
- Financial income +€20,446
up €20,446 (+103.6%), from €19,727 to €40,173
- Financial charges -€9,348
down €9,348 (-31.9%), from €29,348 to €20,000
- Depreciation -€4,144
down €4,144 (-3.5%), from €117,654 to €113,509
- Other operating charges +€1,036
up €1,036 (+14.9%), from €6,959 to €7,995
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.
Result 2024
-€110,758
Gross operating margin
-€21,955
Depreciation
+€4,144
Other operating charges
-€1,036
Financial income
+€20,446
Financial charges
+€9,348
Taxes
+€513
Result 2025
-€99,298
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.
From operations
-€63,450
Investment
+€97,531
Financing
-€50,000
Cash 2024
€85,999
From operations (derived)
-€63,450
Net result for the year
-€99,298
Depreciation
+€113,509
Stocks and contracts
-€125
Receivables within one year
-€5,965
Deferred charges and accrued income
-€1,085
Provisions
-€1,757
Trade debts
-€5,248
Tax, wage and social debts
-€1,164
Other debts
-€61,568
Accrued charges and deferred income
-€749
Investment (derived)
+€97,531
Investment in fixed assets (net)
-€102,469
Current investments
+€200,000
Financing
-€50,000
Debts after one year
-€50,000
Cash 2025
€70,080
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,358,713 | €2,138,928 | -€219,785 | -9.3% |
| Fixed assets | 21/28 | €2,056,644 | €2,045,604 | -€11,040 | -0.5% |
| Tangible fixed assets | 22/27 | €1,736,398 | €1,643,444 | -€92,954 | -5.4% |
| Land and buildings | 22 | €1,731,603 | €1,641,257 | -€90,347 | -5.2% |
| Plant, machinery and equipment | 23 | €2,843 | €1,717 | -€1,126 | -39.6% |
| Furniture and vehicles | 24 | €1,951 | €470 | -€1,481 | -75.9% |
| Financial fixed assets | 28 | €320,246 | €402,160 | +€81,913 | +25.6% |
| Current assets | 29/58 | €302,069 | €93,325 | -€208,744 | -69.1% |
| Stocks and contracts in progress | 3 | €3,450 | €3,575 | +€125 | +3.6% |
| Stocks | 30/36 | €3,450 | €3,575 | +€125 | +3.6% |
| Amounts receivable within one year | 40/41 | €2,584 | €8,549 | +€5,965 | +230.8% |
| Other amounts receivable | 41 | €2,584 | €8,549 | +€5,965 | +230.8% |
| Current investments | 50/53 | €200,000 | - | -€200,000 | |
| Cash at bank and in hand | 54/58 | €85,999 | €70,080 | -€15,919 | -18.5% |
| Deferred charges and accrued income | 490/1 | €10,036 | €11,121 | +€1,085 | +10.8% |
| Total equity and liabilities | 10/49 | €2,358,713 | €2,138,928 | -€219,785 | -9.3% |
| Equity | 10/15 | €1,808,327 | €1,709,029 | -€99,298 | -5.5% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Capital | 10 | €1,250,000 | €1,250,000 | = | 0.0% |
| Issued capital | 100 | €1,250,000 | €1,250,000 | = | 0.0% |
| Reserves | 13 | €172,306 | €159,015 | -€13,291 | -7.7% |
| Non-distributable reserves | 130/1 | €28,493 | €28,493 | = | 0.0% |
| Legal reserve | 130 | €28,493 | €28,493 | = | 0.0% |
| Tax-exempt reserves | 132 | €142,798 | €129,508 | -€13,291 | -9.3% |
| Distributable reserves | 133 | €1,015 | €1,015 | = | 0.0% |
| Profit (loss) carried forward | 14 | €386,021 | €300,014 | -€86,007 | -22.3% |
| Provisions and deferred taxes | 16 | €44,509 | €42,752 | -€1,757 | -3.9% |
| Deferred taxes | 168 | €44,509 | €42,752 | -€1,757 | -3.9% |
| Amounts payable | 17/49 | €505,877 | €387,148 | -€118,730 | -23.5% |
| Amounts payable after more than one year | 17 | €104,166 | €54,166 | -€50,000 | -48.0% |
| Financial debts | 170/4 | €104,166 | €54,166 | -€50,000 | -48.0% |
| Amounts payable within one year | 42/48 | €397,036 | €329,056 | -€67,981 | -17.1% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €11,082 | €5,834 | -€5,248 | -47.4% |
| Suppliers | 440/4 | €11,082 | €5,834 | -€5,248 | -47.4% |
| Taxes, remuneration and social security | 45 | €5,580 | €4,417 | -€1,164 | -20.9% |
| Taxes | 450/3 | €5,580 | €4,417 | -€1,164 | -20.9% |
| Other amounts payable | 47/48 | €330,374 | €268,805 | -€61,568 | -18.6% |
| Accrued charges and deferred income | 492/3 | €4,675 | €3,926 | -€749 | -16.0% |
| Non-recurring operating income | 76A | €12,962 | - | -€12,962 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,654 | €113,509 | -€4,144 | -3.5% |
| Other operating charges | 640/8 | €6,959 | €7,995 | +€1,036 | +14.9% |
| Gross operating margin | 9900 | €22,232 | €277 | -€21,955 | -98.8% |
| Operating profit (loss) | 9901 | -€102,381 | -€121,228 | -€18,847 | -18.4% |
| Financial income | 75/76B | €19,727 | €40,173 | +€20,446 | +103.6% |
| Recurring financial income | 75 | €19,727 | €40,173 | +€20,446 | +103.6% |
| Financial charges | 65/66B | €29,348 | €20,000 | -€9,348 | -31.9% |
| Recurring financial charges | 65 | €29,348 | €20,000 | -€9,348 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | -€112,002 | -€101,055 | +€10,947 | +9.8% |
| Transfer from deferred taxes | 780 | €1,757 | €1,757 | = | 0.0% |
| Income taxes | 67/77 | €513 | - | -€513 | |
| Profit (loss) for the period | 9904 | -€110,758 | -€99,298 | +€11,460 | +10.3% |
| Transfer from tax-exempt reserves | 789 | €13,291 | €13,291 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€97,467 | -€86,007 | +€11,460 | +11.8% |
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 12 October 2026 via checked.be.