RIDGE PLUS: 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.
RIDGE PLUS
Largest movements
- Cash +€87,291
up €87,291 (+56.5%), from €154,572 to €241,862
mainly Net result for the year (+€102,846) and Other debts (+€62,103)
- Tangible fixed assets -€34,988
down €34,988 (-12.5%), from €278,857 to €243,869
- Receivables after one year +€22,904
up €22,904 (+53.1%), from €43,115 to €66,019
- Receivables within one year +€13,859
up €13,859 (+5,343%), from €259 to €14,119
of which Other amounts receivable: +€12,659
- Other debts +€62,103
up €62,103 (+2,285%), from €2,718 to €64,821
- Reserves +€36,855
up €36,855 (+8.3%), from €446,278 to €483,133
- Debts after one year -€17,460
down €17,460 (-13.2%), from €132,314 to €114,854
- Gross operating margin -€17,365
down €17,365 (-9.9%), from €174,995 to €157,630
- Depreciation +€10,814
up €10,814 (+44.7%), from €24,174 to €34,988
- Financial income +€7,105
up €7,105 (+22.0%), from €32,240 to €39,344
- Taxes -€4,703
down €4,703 (-8.8%), from €53,538 to €48,835
- Financial charges +€3,838
up €3,838 (+94.2%), from €4,073 to €7,910
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 | €623,117 | €707,322 | +€84,205 | +13.5% |
| Fixed assets | 21/28 | €278,857 | €243,869 | -€34,988 | -12.5% |
| Tangible fixed assets | 22/27 | €278,857 | €243,869 | -€34,988 | -12.5% |
| Land and buildings | 22 | €208,686 | €195,152 | -€13,534 | -6.5% |
| Plant, machinery and equipment | 23 | €25,079 | €20,784 | -€4,296 | -17.1% |
| Furniture and vehicles | 24 | €45,091 | €27,933 | -€17,158 | -38.1% |
| Current assets | 29/58 | €344,260 | €463,453 | +€119,193 | +34.6% |
| Amounts receivable after more than one year | 29 | €43,115 | €66,019 | +€22,904 | +53.1% |
| Other amounts receivable | 291 | €43,115 | €66,019 | +€22,904 | +53.1% |
| Amounts receivable within one year | 40/41 | €259 | €14,119 | +€13,859 | +5,343% |
| Trade receivables | 40 | €0 | €1,200 | +€1,200 | |
| Other amounts receivable | 41 | €259 | €12,919 | +€12,659 | +4,880% |
| Current investments | 50/53 | €145,729 | €140,521 | -€5,208 | -3.6% |
| Cash at bank and in hand | 54/58 | €154,572 | €241,862 | +€87,291 | +56.5% |
| Deferred charges and accrued income | 490/1 | €586 | €932 | +€347 | +59.2% |
| Total equity and liabilities | 10/49 | €623,117 | €707,322 | +€84,205 | +13.5% |
| Equity | 10/15 | €452,478 | €489,333 | +€36,855 | +8.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €446,278 | €483,133 | +€36,855 | +8.3% |
| Distributable reserves | 133 | €446,278 | €483,133 | +€36,855 | +8.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €170,639 | €217,989 | +€47,350 | +27.7% |
| Amounts payable after more than one year | 17 | €132,314 | €114,854 | -€17,460 | -13.2% |
| Financial debts | 170/4 | €132,314 | €114,854 | -€17,460 | -13.2% |
| Amounts payable within one year | 42/48 | €38,325 | €103,135 | +€64,810 | +169% |
| Current portion of amounts payable after more than one year | 42 | €18,176 | €17,974 | -€202 | -1.1% |
| Trade debts | 44 | €5,476 | €4,711 | -€765 | -14.0% |
| Suppliers | 440/4 | €5,476 | €4,711 | -€765 | -14.0% |
| Taxes, remuneration and social security | 45 | €11,955 | €15,629 | +€3,674 | +30.7% |
| Taxes | 450/3 | €11,955 | €15,629 | +€3,674 | +30.7% |
| Other amounts payable | 47/48 | €2,718 | €64,821 | +€62,103 | +2,285% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,174 | €34,988 | +€10,814 | +44.7% |
| Other operating charges | 640/8 | €4,768 | €2,396 | -€2,373 | -49.8% |
| Gross operating margin | 9900 | €174,995 | €157,630 | -€17,365 | -9.9% |
| Operating profit (loss) | 9901 | €146,053 | €120,247 | -€25,806 | -17.7% |
| Financial income | 75/76B | €32,240 | €39,344 | +€7,105 | +22.0% |
| Recurring financial income | 75 | €32,240 | €39,344 | +€7,105 | +22.0% |
| Financial charges | 65/66B | €4,073 | €7,910 | +€3,838 | +94.2% |
| Recurring financial charges | 65 | €4,073 | €7,910 | +€3,838 | +94.2% |
| Profit (loss) for the period before taxes | 9903 | €174,220 | €151,681 | -€22,539 | -12.9% |
| Income taxes | 67/77 | €53,538 | €48,835 | -€4,703 | -8.8% |
| Profit (loss) for the period | 9904 | €120,682 | €102,846 | -€17,836 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €120,682 | €102,846 | -€17,836 | -14.8% |
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 21 October 2026 via checked.be.