Ridge Way: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
Ridge Way
Largest movements
- Cash +€75,105
up €75,105 (+50.9%), from €147,513 to €222,617
mainly Accrued charges and deferred income (+€59,728) and Net result for the year (+€11,317)
- Accrued charges and deferred income +€59,728
up €59,728 (+141%), from €42,226 to €101,953
- Financial charges +€44,778
up €44,778 (+814%), from €5,498 to €50,276
- Financial income +€18,151
up €18,151 (+22.4%), from €80,857 to €99,009
- Taxes -€5,090
down €5,090 (-40.0%), from €12,728 to €7,638
- Gross operating margin +€2,066
up €2,066 (+7.7%), from -€26,940 to -€24,875
Change in the result, 31-12-2024 to 31-12-2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,170,067 | €2,240,018 | +€69,951 | +3.2% |
| Current assets | 29/58 | €2,170,067 | €2,240,018 | +€69,951 | +3.2% |
| Amounts receivable within one year | 40/41 | €5,734 | €5,319 | -€414 | -7.2% |
| Other amounts receivable | 41 | €5,734 | €5,319 | -€414 | -7.2% |
| Current investments | 50/53 | €2,015,985 | €2,011,169 | -€4,815 | -0.2% |
| Cash at bank and in hand | 54/58 | €147,513 | €222,617 | +€75,105 | +50.9% |
| Deferred charges and accrued income | 490/1 | €836 | €912 | +€76 | +9.1% |
| Total equity and liabilities | 10/49 | €2,170,067 | €2,240,018 | +€69,951 | +3.2% |
| Equity | 10/15 | €2,125,369 | €2,136,687 | +€11,317 | +0.5% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €1,725,369 | €1,736,687 | +€11,317 | +0.7% |
| Non-distributable reserves | 130/1 | €462,122 | €462,122 | = | 0.0% |
| Legal reserve | 130 | €40,000 | €40,000 | = | 0.0% |
| Own shares acquired | 1312 | €422,122 | €422,122 | = | 0.0% |
| Distributable reserves | 133 | €1,263,248 | €1,274,565 | +€11,317 | +0.9% |
| Amounts payable | 17/49 | €44,698 | €103,331 | +€58,634 | +131% |
| Amounts payable within one year | 42/48 | €2,472 | €1,378 | -€1,094 | -44.3% |
| Trade debts | 44 | €1,470 | €124 | -€1,347 | -91.6% |
| Suppliers | 440/4 | €1,470 | €124 | -€1,347 | -91.6% |
| Taxes, remuneration and social security | 45 | €1,002 | €1,254 | +€252 | +25.2% |
| Taxes | 450/3 | €1,002 | - | -€1,002 | |
| Remuneration and social security | 454/9 | - | €1,254 | +€1,254 | |
| Accrued charges and deferred income | 492/3 | €42,226 | €101,953 | +€59,728 | +141% |
| Other operating charges | 640/8 | €5,038 | €4,903 | -€135 | -2.7% |
| Gross operating margin | 9900 | -€26,940 | -€24,875 | +€2,066 | +7.7% |
| Operating profit (loss) | 9901 | -€31,978 | -€29,777 | +€2,201 | +6.9% |
| Financial income | 75/76B | €80,857 | €99,009 | +€18,151 | +22.4% |
| Recurring financial income | 75 | €80,857 | €99,009 | +€18,151 | +22.4% |
| Financial charges | 65/66B | €5,498 | €50,276 | +€44,778 | +814% |
| Recurring financial charges | 65 | €5,498 | €50,276 | +€44,778 | +814% |
| Profit (loss) for the period before taxes | 9903 | €43,381 | €18,956 | -€24,426 | -56.3% |
| Income taxes | 67/77 | €12,728 | €7,638 | -€5,090 | -40.0% |
| Profit (loss) for the period | 9904 | €30,654 | €11,317 | -€19,336 | -63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,654 | €11,317 | -€19,336 | -63.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.