Rideco: 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.
Rideco
Largest movements
- Receivables within one year +€235,234
up €235,234 (+110.2%), from €213,367 to €448,601
of which Trade receivables: +€244,529
- Tangible fixed assets +€9,917
new in 2024: €9,917
- Accrued charges and deferred income +€388,643
new in 2024: €388,643
- Trade debts -€125,562
down €125,562 (-76.2%), from €164,883 to €39,320
- Profit (loss) carried forward -€20,766
down €20,766 (-42.1%), from €49,320 to €28,555
- Turnover -€72,749
down €72,749 (-17.8%), from €409,428 to €336,679
- Gross operating margin -€42,027
down €42,027 (-92.8%), from €45,290 to €3,264
- Purchases and services -€31,172
down €31,172 (-8.5%), from €364,587 to €333,416
- Other operating charges -€21,233
down €21,233 (-88.6%), from €23,971 to €2,738
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 | €216,203 | €458,518 | +€242,315 | +112.1% |
| Fixed assets | 21/28 | - | €9,917 | +€9,917 | |
| Tangible fixed assets | 22/27 | - | €9,917 | +€9,917 | |
| Furniture and vehicles | 24 | - | €9,917 | +€9,917 | |
| Current assets | 29/58 | €216,203 | €448,601 | +€232,398 | +107.5% |
| Amounts receivable within one year | 40/41 | €213,367 | €448,601 | +€235,234 | +110.2% |
| Trade receivables | 40 | €204,072 | €448,601 | +€244,529 | +119.8% |
| Other amounts receivable | 41 | €9,295 | - | -€9,295 | |
| Cash at bank and in hand | 54/58 | €2,836 | - | -€2,836 | |
| Total equity and liabilities | 10/49 | €216,203 | €458,518 | +€242,315 | +112.1% |
| Equity | 10/15 | €51,320 | €30,555 | -€20,766 | -40.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,320 | €28,555 | -€20,766 | -42.1% |
| Amounts payable | 17/49 | €164,883 | €427,963 | +€263,081 | +159.6% |
| Amounts payable within one year | 42/48 | €164,883 | €39,320 | -€125,562 | -76.2% |
| Trade debts | 44 | €164,883 | €39,320 | -€125,562 | -76.2% |
| Suppliers | 440/4 | €164,883 | €39,320 | -€125,562 | -76.2% |
| Accrued charges and deferred income | 492/3 | - | €388,643 | +€388,643 | |
| Turnover | 70 | €409,428 | €336,679 | -€72,749 | -17.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €364,587 | €333,416 | -€31,172 | -8.5% |
| Other operating charges | 640/8 | €23,971 | €2,738 | -€21,233 | -88.6% |
| Gross operating margin | 9900 | €45,290 | €3,264 | -€42,027 | -92.8% |
| Operating profit (loss) | 9901 | €21,319 | €525 | -€20,794 | -97.5% |
| Financial charges | 65/66B | €85 | €57 | -€28 | -33.0% |
| Recurring financial charges | 65 | €85 | €57 | -€28 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €21,234 | €469 | -€20,766 | -97.8% |
| Profit (loss) for the period | 9904 | €21,234 | €469 | -€20,766 | -97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,234 | €469 | -€20,766 | -97.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.