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RIDGEWAY TECHNOLOGY SERVICES: 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.

What changed

RIDGEWAY TECHNOLOGY SERVICES

BE 0477.973.933
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€19,984
2024 · -€13,349-€6,635
Equity
-€126,050
2024 · -€106,066-€19,984
Cash
€7,324
2024 · €16,640-€9,316
Balance sheet total
€7,324
2024 · €29,345-€22,021

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€12,705

    down €12,705 (-100.0%), from €12,705 to €0

    of which Trade receivables: -€12,705

  • Cash -€9,316

    down €9,316 (-56.0%), from €16,640 to €7,324

    mainly Net result for the year (-€19,984) and Tax, wage and social debts (-€15,631)

Equity and liabilities
  • Profit (loss) carried forward -€19,984

    down €19,984 (-16.0%), from -€124,666 to -€144,650

  • Tax, wage and social debts -€15,631

    down €15,631 (-100.0%), from €15,631 to €0

  • Other debts +€13,594

    up €13,594 (+11.3%), from €119,780 to €133,374

Income statement
  • Gross operating margin -€7,582

    down €7,582 (-29.3%), from €25,883 to €18,301

  • Other operating charges -€1,130

    no longer reported in 2025 (was €1,130)

From the 2024 result to the 2025 result

effect on the 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 -€13,349
Gross operating margin -€7,582
Other operating charges +€1,130
Financial charges -€183
Result 2025 -€19,984

Cash bridge derived

cash 2024 to 2025

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 -€9,316
Investment €0
Financing €0
Cash 2024 €16,640
Net result for the year -€19,984
Receivables within one year +€12,705
Tax, wage and social debts -€15,631
Other debts +€13,594
Cash 2025 €7,324
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €29,345 €7,324 -€22,021 -75.0%
Formation expenses 20 - €0 =
Fixed assets 21/28 - €0 =
Intangible fixed assets 21 - €0 =
Tangible fixed assets 22/27 - €0 =
Land and buildings 22 - €0 =
Plant, machinery and equipment 23 - €0 =
Furniture and vehicles 24 - €0 =
Leasing and similar rights 25 - €0 =
Other tangible fixed assets 26 - €0 =
Assets under construction and advance payments 27 - €0 =
Financial fixed assets 28 - €0 =
Current assets 29/58 €29,345 €7,324 -€22,021 -75.0%
Amounts receivable within one year 40/41 €12,705 €0 -€12,705 -100.0%
Trade receivables 40 €12,705 €0 -€12,705 -100.0%
Other amounts receivable 41 €0 €0 =
Cash at bank and in hand 54/58 €16,640 €7,324 -€9,316 -56.0%
Total equity and liabilities 10/49 €29,345 €7,324 -€22,021 -75.0%
Equity 10/15 -€106,066 -€126,050 -€19,984 -18.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Capital 10 €18,600 €18,600 = 0.0%
Issued capital 100 €18,600 €18,600 = 0.0%
Uncalled capital 101 €0 - =
Profit (loss) carried forward 14 -€124,666 -€144,650 -€19,984 -16.0%
Amounts payable 17/49 €135,411 €133,374 -€2,037 -1.5%
Amounts payable within one year 42/48 €135,411 €133,374 -€2,037 -1.5%
Taxes, remuneration and social security 45 €15,631 €0 -€15,631 -100.0%
Taxes 450/3 €15,631 €0 -€15,631 -100.0%
Other amounts payable 47/48 €119,780 €133,374 +€13,594 +11.3%
Non-recurring operating income 76A €538 - -€538
Other operating charges 640/8 €1,130 - -€1,130
Gross operating margin 9900 €25,883 €18,301 -€7,582 -29.3%
Operating profit (loss) 9901 €24,753 €18,301 -€6,452 -26.1%
Financial charges 65/66B €38,102 €38,285 +€183 +0.5%
Recurring financial charges 65 €38,102 €38,285 +€183 +0.5%
Profit (loss) for the period before taxes 9903 -€13,349 -€19,984 -€6,635 -49.7%
Profit (loss) for the period 9904 -€13,349 -€19,984 -€6,635 -49.7%
Profit (loss) for the period to be appropriated 9905 -€13,349 -€19,984 -€6,635 -49.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.