RIK DE BRABANDER: what changed
RIK DE BRABANDER
Largest movements
- Receivables within one year +€25,970
up €25,970 (+102%), from €25,405 to €51,375
of which Trade receivables: +€20,302
- Cash -€16,673
down €16,673 (-49.7%), from €33,551 to €16,877
mainly Receivables within one year (-€25,970) and Debts after one year (-€3,825)
- Tangible fixed assets -€11,437
down €11,437 (-51.8%), from €22,100 to €10,663
of which Furniture and vehicles: -€9,869
- Trade debts +€9,250
up €9,250 (+42.4%), from €21,814 to €31,064
- Debts after one year -€3,825
no longer reported in 2025 (was €3,825)
- Current portion of long-term debt -€3,740
down €3,740 (-49.4%), from €7,564 to €3,825
- Other debts -€2,422
no longer reported in 2025 (was €2,422)
- Tax, wage and social debts -€1,551
down €1,551 (-34.6%), from €4,480 to €2,929
of which Remuneration and social security: -€934
- Gross operating margin -€798
down €798 (-4.2%), from €19,155 to €18,358
- Staff costs +€735
up €735 (+72.6%), from €1,012 to €1,747
- Taxes -€617
down €617 (-49.9%), from €1,236 to €619
- Depreciation +€454
up €454 (+3.6%), from €12,584 to €13,039
- Financial charges +€325
up €325 (+35.9%), from €903 to €1,228
Change in the result, 2024 to 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 2024 and 2025 balance sheets and the 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,130 | €118,909 | -€1,221 | -1.0% |
| Fixed assets | 21/28 | €22,100 | €10,663 | -€11,437 | -51.8% |
| Tangible fixed assets | 22/27 | €22,100 | €10,663 | -€11,437 | -51.8% |
| Plant, machinery and equipment | 23 | €6,118 | €4,971 | -€1,147 | -18.7% |
| Furniture and vehicles | 24 | €15,315 | €5,445 | -€9,869 | -64.4% |
| Other tangible fixed assets | 26 | €667 | €247 | -€421 | -63.0% |
| Current assets | 29/58 | €98,030 | €108,246 | +€10,216 | +10.4% |
| Stocks and contracts in progress | 3 | €34,875 | €34,800 | -€75 | -0.2% |
| Stocks | 30/36 | €21,475 | €28,900 | +€7,425 | +34.6% |
| Contracts in progress | 37 | €13,400 | €5,900 | -€7,500 | -56.0% |
| Amounts receivable within one year | 40/41 | €25,405 | €51,375 | +€25,970 | +102% |
| Trade receivables | 40 | €23,805 | €44,108 | +€20,302 | +85.3% |
| Other amounts receivable | 41 | €1,600 | €7,267 | +€5,667 | +354% |
| Cash at bank and in hand | 54/58 | €33,551 | €16,877 | -€16,673 | -49.7% |
| Deferred charges and accrued income | 490/1 | €4,199 | €5,193 | +€995 | +23.7% |
| Total equity and liabilities | 10/49 | €120,130 | €118,909 | -€1,221 | -1.0% |
| Equity | 10/15 | €80,024 | €81,092 | +€1,067 | +1.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €73,824 | €74,892 | +€1,067 | +1.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €71,964 | €73,032 | +€1,067 | +1.5% |
| Amounts payable | 17/49 | €40,106 | €37,817 | -€2,288 | -5.7% |
| Amounts payable after more than one year | 17 | €3,825 | - | -€3,825 | |
| Financial debts | 170/4 | €3,825 | - | -€3,825 | |
| Amounts payable within one year | 42/48 | €36,281 | €37,817 | +€1,536 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €7,564 | €3,825 | -€3,740 | -49.4% |
| Trade debts | 44 | €21,814 | €31,064 | +€9,250 | +42.4% |
| Suppliers | 440/4 | €21,814 | €31,064 | +€9,250 | +42.4% |
| Taxes, remuneration and social security | 45 | €4,480 | €2,929 | -€1,551 | -34.6% |
| Taxes | 450/3 | €3,546 | €2,929 | -€617 | -17.4% |
| Remuneration and social security | 454/9 | €934 | - | -€934 | |
| Other amounts payable | 47/48 | €2,422 | - | -€2,422 | |
| Remuneration, social security and pensions | 62 | €1,012 | €1,747 | +€735 | +72.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,584 | €13,039 | +€454 | +3.6% |
| Other operating charges | 640/8 | €621 | €693 | +€72 | +11.5% |
| Gross operating margin | 9900 | €19,155 | €18,358 | -€798 | -4.2% |
| Operating profit (loss) | 9901 | €4,938 | €2,879 | -€2,059 | -41.7% |
| Financial income | 75/76B | €4 | €35 | +€31 | +834% |
| Recurring financial income | 75 | €4 | €35 | +€31 | +834% |
| Financial charges | 65/66B | €903 | €1,228 | +€325 | +35.9% |
| Recurring financial charges | 65 | €903 | €1,228 | +€325 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | €4,038 | €1,686 | -€2,352 | -58.2% |
| Income taxes | 67/77 | €1,236 | €619 | -€617 | -49.9% |
| Profit (loss) for the period | 9904 | €2,802 | €1,067 | -€1,735 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,802 | €1,067 | -€1,735 | -61.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.