RIPA LAEVA: 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.
RIPA LAEVA
Largest movements
- Cash -€87,260
down €87,260 (-79.0%), from €110,509 to €23,249
mainly Investment in fixed assets (net) (-€77,976) and Receivables within one year (-€11,044)
- Financial fixed assets +€40,900
up €40,900 (+23371.3%), from €175 to €41,075
- Tangible fixed assets +€25,135
up €25,135 (+251.7%), from €9,986 to €35,121
of which Furniture and vehicles: +€27,087
- Receivables within one year +€11,044
up €11,044 (+46.3%), from €23,871 to €34,915
of which Other amounts receivable: +€7,671
- Deferred charges and accrued income +€3,381
up €3,381 (+275.4%), from €1,227 to €4,608
- Other debts -€3,870
no longer reported in 2025 (was €3,870)
- Profit (loss) carried forward -€1,731
new in 2025: -€1,731
- Gross operating margin -€21,214
down €21,214 (-63.6%), from €33,336 to €12,123
- Depreciation +€4,763
up €4,763 (+66.4%), from €7,178 to €11,941
- Taxes -€4,200
no longer reported in 2025 (was €4,200)
- Financial charges +€866
up €866 (+11362.1%), from €8 to €873
- Staff costs +€366
up €366 (+1576.7%), from €23 to €389
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 | €145,769 | €138,968 | -€6,801 | -4.7% |
| Fixed assets | 21/28 | €10,161 | €76,196 | +€66,035 | +649.9% |
| Tangible fixed assets | 22/27 | €9,986 | €35,121 | +€25,135 | +251.7% |
| Plant, machinery and equipment | 23 | €6,778 | €4,825 | -€1,953 | -28.8% |
| Furniture and vehicles | 24 | €3,208 | €30,296 | +€27,087 | +844.3% |
| Financial fixed assets | 28 | €175 | €41,075 | +€40,900 | +23371.3% |
| Current assets | 29/58 | €135,608 | €62,772 | -€72,836 | -53.7% |
| Amounts receivable within one year | 40/41 | €23,871 | €34,915 | +€11,044 | +46.3% |
| Trade receivables | 40 | €21,371 | €24,744 | +€3,372 | +15.8% |
| Other amounts receivable | 41 | €2,500 | €10,171 | +€7,671 | +306.8% |
| Cash at bank and in hand | 54/58 | €110,509 | €23,249 | -€87,260 | -79.0% |
| Deferred charges and accrued income | 490/1 | €1,227 | €4,608 | +€3,381 | +275.4% |
| Total equity and liabilities | 10/49 | €145,769 | €138,968 | -€6,801 | -4.7% |
| Equity | 10/15 | €119,211 | €117,481 | -€1,731 | -1.5% |
| 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% |
| Reserves | 13 | €100,611 | €100,611 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €98,751 | €98,751 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,731 | -€1,731 | |
| Amounts payable | 17/49 | €26,558 | €21,487 | -€5,070 | -19.1% |
| Amounts payable within one year | 42/48 | €26,558 | €21,487 | -€5,070 | -19.1% |
| Financial debts | 43 | €983 | - | -€983 | |
| Credit institutions | 430/8 | €983 | - | -€983 | |
| Trade debts | 44 | €6,869 | €6,652 | -€217 | -3.2% |
| Suppliers | 440/4 | €6,869 | €6,652 | -€217 | -3.2% |
| Taxes, remuneration and social security | 45 | €14,835 | €14,835 | = | 0.0% |
| Taxes | 450/3 | €14,835 | €14,835 | = | 0.0% |
| Other amounts payable | 47/48 | €3,870 | - | -€3,870 | |
| Remuneration, social security and pensions | 62 | €23 | €389 | +€366 | +1576.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,178 | €11,941 | +€4,763 | +66.4% |
| Other operating charges | 640/8 | €680 | €650 | -€30 | -4.5% |
| Gross operating margin | 9900 | €33,336 | €12,123 | -€21,214 | -63.6% |
| Operating profit (loss) | 9901 | €25,455 | -€858 | -€26,313 | |
| Financial income | 75/76B | €3 | €1 | -€2 | -72.6% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -72.6% |
| Financial charges | 65/66B | €8 | €873 | +€866 | +11362.1% |
| Recurring financial charges | 65 | €8 | €873 | +€866 | +11362.1% |
| Profit (loss) for the period before taxes | 9903 | €25,450 | -€1,731 | -€27,181 | |
| Income taxes | 67/77 | €4,200 | - | -€4,200 | |
| Profit (loss) for the period | 9904 | €21,250 | -€1,731 | -€22,981 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,250 | -€1,731 | -€22,981 |
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 12 October 2026 via checked.be.