RINGOOT: 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.
RINGOOT
Largest movements
- Receivables within one year -€628,926
down €628,926 (-72.9%), from €862,317 to €233,391
of which Other amounts receivable: -€617,412
- Tangible fixed assets -€581,800
down €581,800 (-24.5%), from €2.4m to €1.8m
- Receivables after one year +€176,858
up €176,858 (+39.9%), from €443,142 to €620,000
- Cash +€79,391
up €79,391 (+24.7%), from €321,834 to €401,225
mainly Receivables within one year (+€628,926) and Depreciation (+€581,800)
- Other debts -€491,496
down €491,496 (-94.2%), from €521,698 to €30,202
- Debts after one year -€410,188
down €410,188 (-53.5%), from €766,951 to €356,763
of which Other amounts payable: -€210,188
- Trade debts -€171,793
down €171,793 (-96.6%), from €177,871 to €6,077
- Reserves +€114,000
up €114,000 (+5.3%), from €2.1m to €2.3m
of which Distributable reserves: +€114,000
- Gross operating margin +€77,218
up €77,218 (+11.8%), from €655,104 to €732,321
- Taxes -€33,898
down €33,898, from €31,144 to -€2,754
- Financial income -€16,000
no longer reported in 2025 (was €16,000)
- Financial charges -€14,781
down €14,781 (-28.2%), from €52,482 to €37,702
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.
Cash bridge derived
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 | €5,744,230 | €4,789,754 | -€954,477 | -16.6% |
| Fixed assets | 21/28 | €4,116,938 | €3,535,138 | -€581,800 | -14.1% |
| Tangible fixed assets | 22/27 | €2,376,725 | €1,794,925 | -€581,800 | -24.5% |
| Furniture and vehicles | 24 | €2,376,725 | €1,794,925 | -€581,800 | -24.5% |
| Financial fixed assets | 28 | €1,740,213 | €1,740,213 | = | 0.0% |
| Current assets | 29/58 | €1,627,293 | €1,254,616 | -€372,677 | -22.9% |
| Amounts receivable after more than one year | 29 | €443,142 | €620,000 | +€176,858 | +39.9% |
| Other amounts receivable | 291 | €443,142 | €620,000 | +€176,858 | +39.9% |
| Amounts receivable within one year | 40/41 | €862,317 | €233,391 | -€628,926 | -72.9% |
| Trade receivables | 40 | €199,014 | €187,500 | -€11,514 | -5.8% |
| Other amounts receivable | 41 | €663,303 | €45,891 | -€617,412 | -93.1% |
| Cash at bank and in hand | 54/58 | €321,834 | €401,225 | +€79,391 | +24.7% |
| Total equity and liabilities | 10/49 | €5,744,230 | €4,789,754 | -€954,477 | -16.6% |
| Equity | 10/15 | €3,872,488 | €3,986,524 | +€114,036 | +2.9% |
| Contributions | 10/11 | €1,736,149 | €1,736,149 | = | 0.0% |
| Reserves | 13 | €2,136,099 | €2,250,099 | +€114,000 | +5.3% |
| Non-distributable reserves | 130/1 | €173,600 | €173,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €173,600 | €173,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €757,499 | €757,499 | = | 0.0% |
| Distributable reserves | 133 | €1,205,000 | €1,319,000 | +€114,000 | +9.5% |
| Profit (loss) carried forward | 14 | €241 | €276 | +€36 | +14.8% |
| Amounts payable | 17/49 | €1,871,742 | €803,230 | -€1.1m | -57.1% |
| Amounts payable after more than one year | 17 | €766,951 | €356,763 | -€410,188 | -53.5% |
| Financial debts | 170/4 | €250,000 | €50,000 | -€200,000 | -80.0% |
| Other amounts payable | 178/9 | €516,951 | €306,763 | -€210,188 | -40.7% |
| Amounts payable within one year | 42/48 | €1,104,791 | €446,467 | -€658,324 | -59.6% |
| Current portion of amounts payable after more than one year | 42 | €405,078 | €410,188 | +€5,110 | +1.3% |
| Trade debts | 44 | €177,871 | €6,077 | -€171,793 | -96.6% |
| Suppliers | 440/4 | €177,871 | €6,077 | -€171,793 | -96.6% |
| Taxes, remuneration and social security | 45 | €144 | - | -€144 | |
| Taxes | 450/3 | €144 | - | -€144 | |
| Other amounts payable | 47/48 | €521,698 | €30,202 | -€491,496 | -94.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €581,800 | €581,800 | = | 0.0% |
| Other operating charges | 640/8 | €5,466 | €1,538 | -€3,928 | -71.9% |
| Gross operating margin | 9900 | €655,104 | €732,321 | +€77,218 | +11.8% |
| Operating profit (loss) | 9901 | €67,838 | €148,984 | +€81,146 | +119.6% |
| Financial income | 75/76B | €16,000 | - | -€16,000 | |
| Recurring financial income | 75 | €16,000 | - | -€16,000 | |
| Financial charges | 65/66B | €52,482 | €37,702 | -€14,781 | -28.2% |
| Recurring financial charges | 65 | €52,482 | €37,702 | -€14,781 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €31,356 | €111,282 | +€79,927 | +254.9% |
| Income taxes | 67/77 | €31,144 | -€2,754 | -€33,898 | |
| Profit (loss) for the period | 9904 | €211 | €114,036 | +€113,825 | +53922.3% |
| Profit (loss) for the period to be appropriated | 9905 | €211 | €114,036 | +€113,825 | +53922.3% |
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 8 October 2026 via checked.be.