Ridentity: 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.
Ridentity
Largest movements
- Receivables within one year -€147,153
down €147,153 (-82.7%), from €177,993 to €30,840
- Stocks and contracts +€47,245
up €47,245 (+23.0%), from €205,107 to €252,352
- Tangible fixed assets -€21,242
down €21,242 (-29.6%), from €71,654 to €50,412
of which Furniture and vehicles: -€13,833
- Trade debts -€87,076
down €87,076 (-52.7%), from €165,187 to €78,111
- Debts after one year -€30,360
down €30,360 (-45.0%), from €67,519 to €37,159
- Reserves +€26,336
up €26,336 (+31.1%), from €84,798 to €111,133
- Other debts -€25,514
down €25,514 (-88.5%), from €28,831 to €3,317
- Depreciation +€14,353
up €14,353 (+208.3%), from €6,889 to €21,242
- Taxes -€5,120
down €5,120 (-19.2%), from €26,649 to €21,529
- Financial charges -€4,432
down €4,432 (-40.1%), from €11,044 to €6,612
- Gross operating margin -€2,309
down €2,309 (-2.9%), from €79,305 to €76,996
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 | €455,169 | €333,888 | -€121,282 | -26.6% |
| Fixed assets | 21/28 | €71,654 | €50,412 | -€21,242 | -29.6% |
| Tangible fixed assets | 22/27 | €71,654 | €50,412 | -€21,242 | -29.6% |
| Plant, machinery and equipment | 23 | €33,793 | €26,384 | -€7,409 | -21.9% |
| Furniture and vehicles | 24 | €37,862 | €24,028 | -€13,833 | -36.5% |
| Current assets | 29/58 | €383,515 | €283,476 | -€100,040 | -26.1% |
| Stocks and contracts in progress | 3 | €205,107 | €252,352 | +€47,245 | +23.0% |
| Stocks | 30/36 | €205,107 | €252,352 | +€47,245 | +23.0% |
| Amounts receivable within one year | 40/41 | €177,993 | €30,840 | -€147,153 | -82.7% |
| Trade receivables | 40 | €177,993 | €30,840 | -€147,153 | -82.7% |
| Cash at bank and in hand | 54/58 | €415 | €283 | -€132 | -31.9% |
| Total equity and liabilities | 10/49 | €455,169 | €333,888 | -€121,282 | -26.6% |
| Equity | 10/15 | €103,398 | €129,733 | +€26,336 | +25.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,798 | €111,133 | +€26,336 | +31.1% |
| Distributable reserves | 133 | €84,798 | €111,133 | +€26,336 | +31.1% |
| Amounts payable | 17/49 | €351,772 | €204,154 | -€147,617 | -42.0% |
| Amounts payable after more than one year | 17 | €67,519 | €37,159 | -€30,360 | -45.0% |
| Financial debts | 170/4 | €67,519 | €37,159 | -€30,360 | -45.0% |
| Amounts payable within one year | 42/48 | €284,253 | €166,995 | -€117,258 | -41.3% |
| Current portion of amounts payable after more than one year | 42 | €28,942 | €30,360 | +€1,417 | +4.9% |
| Financial debts | 43 | €5,405 | €3,365 | -€2,040 | -37.7% |
| Credit institutions | 430/8 | €5,405 | €3,365 | -€2,040 | -37.7% |
| Trade debts | 44 | €165,187 | €78,111 | -€87,076 | -52.7% |
| Suppliers | 440/4 | €165,187 | €78,111 | -€87,076 | -52.7% |
| Taxes, remuneration and social security | 45 | €55,888 | €51,843 | -€4,045 | -7.2% |
| Taxes | 450/3 | €53,388 | €49,343 | -€4,045 | -7.6% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €28,831 | €3,317 | -€25,514 | -88.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,889 | €21,242 | +€14,353 | +208.3% |
| Other operating charges | 640/8 | €1,555 | €1,913 | +€358 | +23.0% |
| Gross operating margin | 9900 | €79,305 | €76,996 | -€2,309 | -2.9% |
| Operating profit (loss) | 9901 | €70,861 | €53,841 | -€17,020 | -24.0% |
| Financial income | 75/76B | €4 | €636 | +€632 | +17090.8% |
| Recurring financial income | 75 | €4 | €636 | +€632 | +17090.8% |
| Financial charges | 65/66B | €11,044 | €6,612 | -€4,432 | -40.1% |
| Recurring financial charges | 65 | €11,044 | €6,612 | -€4,432 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €59,821 | €47,865 | -€11,956 | -20.0% |
| Income taxes | 67/77 | €26,649 | €21,529 | -€5,120 | -19.2% |
| Profit (loss) for the period | 9904 | €33,171 | €26,336 | -€6,836 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,171 | €26,336 | -€6,836 | -20.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.