RIPAR: 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.
What changed
RIPAR
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€150,512
2024 · €37,678-€188,190
Equity
-€112,269
2024 · €38,242-€150,512
Cash
€83,334
2024 · €104,941-€21,608
Balance sheet total
€803,754
2024 · €954,133-€150,379
Largest movements
Assets
- Tangible fixed assets -€63,206
down €63,206 (-25.7%), from €246,197 to €182,991
of which Other tangible fixed assets: -€80,703
- Receivables within one year -€60,739
down €60,739 (-62.4%), from €97,388 to €36,648
of which Trade receivables: -€63,950
- Cash -€21,608
down €21,608 (-20.6%), from €104,941 to €83,334
mainly Net result for the year (-€150,512) and Debts after one year (-€110,921)
Equity and liabilities
- Profit (loss) carried forward -€142,605
down €142,605 (-181%), from -€78,737 to -€221,342
- Debts after one year -€110,921
down €110,921 (-50.3%), from €220,630 to €109,709
- Other debts +€83,530
up €83,530 (+94.6%), from €88,287 to €171,817
- Current portion of long-term debt +€46,287
up €46,287 (+115%), from €40,082 to €86,368
- Accrued charges and deferred income -€18,271
down €18,271 (-100%), from €18,271 to €0
Income statement
- Gross operating margin -€159,042
down €159,042 (-40.2%), from €395,662 to €236,620
- Staff costs +€28,909
up €28,909 (+12.9%), from €223,906 to €252,815
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.
Result 2024
€37,678
Gross operating margin
-€159,042
Staff costs
-€28,909
Depreciation
-€1,475
Other operating charges
-€2,554
Financial income
-€71
Financial charges
+€3,868
Deferred taxes and other
-€8
Result 2025
-€150,512
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€91,401
Investment
-€38,405
Financing
-€74,604
Cash 2024
€104,941
From operations (derived)
+€91,401
Net result for the year
-€150,512
Depreciation
+€101,611
Stocks and contracts
+€1,725
Receivables within one year
+€60,739
Deferred charges and accrued income
+€3,102
Provisions
-€4,071
Trade debts
+€7,582
Tax, wage and social debts
+€5,966
Other debts
+€83,530
Accrued charges and deferred income
-€18,271
Investment (derived)
-€38,405
Investment in fixed assets (net)
-€38,405
Financing
-€74,604
Debts after one year
-€110,921
Current portion of long-term debt
+€46,287
Short-term financial debts
-€9,969
Cash 2025
€83,334
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €954,133 | €803,754 | -€150,379 | -15.8% |
| Fixed assets | 21/28 | €246,997 | €183,792 | -€63,206 | -25.6% |
| Tangible fixed assets | 22/27 | €246,197 | €182,991 | -€63,206 | -25.7% |
| Land and buildings | 22 | €25,475 | €22,437 | -€3,038 | -11.9% |
| Plant, machinery and equipment | 23 | €16,501 | €20,478 | +€3,977 | +24.1% |
| Furniture and vehicles | 24 | €12,219 | €7,211 | -€5,009 | -41.0% |
| Leasing and similar rights | 25 | €5,543 | €27,110 | +€21,567 | +389% |
| Other tangible fixed assets | 26 | €186,459 | €105,756 | -€80,703 | -43.3% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €707,136 | €619,962 | -€87,173 | -12.3% |
| Stocks and contracts in progress | 3 | €501,705 | €499,980 | -€1,725 | -0.3% |
| Stocks | 30/36 | €501,705 | €499,980 | -€1,725 | -0.3% |
| Amounts receivable within one year | 40/41 | €97,388 | €36,648 | -€60,739 | -62.4% |
| Trade receivables | 40 | €91,434 | €27,485 | -€63,950 | -69.9% |
| Other amounts receivable | 41 | €5,953 | €9,164 | +€3,210 | +53.9% |
| Cash at bank and in hand | 54/58 | €104,941 | €83,334 | -€21,608 | -20.6% |
| Deferred charges and accrued income | 490/1 | €3,102 | €0 | -€3,102 | -100% |
| Total equity and liabilities | 10/49 | €954,133 | €803,754 | -€150,379 | -15.8% |
| Equity | 10/15 | €38,242 | -€112,269 | -€150,512 | |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €17,822 | €9,916 | -€7,906 | -44.4% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Legal reserve | 130 | €9,916 | €9,916 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,906 | €0 | -€7,906 | -100% |
| Profit (loss) carried forward | 14 | -€78,737 | -€221,342 | -€142,605 | -181% |
| Provisions and deferred taxes | 16 | €4,071 | €0 | -€4,071 | -100% |
| Deferred taxes | 168 | €4,071 | €0 | -€4,071 | -100% |
| Amounts payable | 17/49 | €911,820 | €916,023 | +€4,204 | +0.5% |
| Amounts payable after more than one year | 17 | €220,630 | €109,709 | -€110,921 | -50.3% |
| Financial debts | 170/4 | €220,630 | €109,709 | -€110,921 | -50.3% |
| Amounts payable within one year | 42/48 | €672,919 | €806,314 | +€133,396 | +19.8% |
| Current portion of amounts payable after more than one year | 42 | €40,082 | €86,368 | +€46,287 | +115% |
| Financial debts | 43 | €13,100 | €3,131 | -€9,969 | -76.1% |
| Credit institutions | 430/8 | €13,100 | €3,131 | -€9,969 | -76.1% |
| Trade debts | 44 | €499,478 | €507,060 | +€7,582 | +1.5% |
| Suppliers | 440/4 | €499,478 | €507,060 | +€7,582 | +1.5% |
| Taxes, remuneration and social security | 45 | €31,971 | €37,938 | +€5,966 | +18.7% |
| Taxes | 450/3 | €4,303 | €4,419 | +€116 | +2.7% |
| Remuneration and social security | 454/9 | €27,668 | €33,519 | +€5,850 | +21.1% |
| Other amounts payable | 47/48 | €88,287 | €171,817 | +€83,530 | +94.6% |
| Accrued charges and deferred income | 492/3 | €18,271 | €0 | -€18,271 | -100% |
| Remuneration, social security and pensions | 62 | €223,906 | €252,815 | +€28,909 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,137 | €101,611 | +€1,475 | +1.5% |
| Other operating charges | 640/8 | €15,346 | €17,899 | +€2,554 | +16.6% |
| Gross operating margin | 9900 | €395,662 | €236,620 | -€159,042 | -40.2% |
| Operating profit (loss) | 9901 | €56,274 | -€135,705 | -€191,979 | |
| Financial income | 75/76B | €151 | €81 | -€71 | -46.8% |
| Recurring financial income | 75 | €151 | €81 | -€71 | -46.8% |
| Financial charges | 65/66B | €22,827 | €18,958 | -€3,868 | -16.9% |
| Recurring financial charges | 65 | €22,827 | €18,958 | -€3,868 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €33,599 | -€154,583 | -€188,181 | |
| Transfer from deferred taxes | 780 | €4,079 | €4,071 | -€8 | -0.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €37,678 | -€150,512 | -€188,190 | |
| Transfer from tax-exempt reserves | 789 | €7,922 | €7,906 | -€16 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,600 | -€142,605 | -€188,205 |
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 14 October 2026 via checked.be.