RIPLEY: 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.
RIPLEY
Largest movements
- Tangible fixed assets +€466,430
up €466,430 (+352%), from €132,396 to €598,826
- Current assets -€271,468
down €271,468 (-24.5%), from €1.1m to €836,858
of which Receivables within one year: -€397,175
- Debts within one year +€453,640
up €453,640 (+76.6%), from €592,406 to €1.0m
- Equity -€258,832
down €258,832 (-39.9%), from €648,988 to €390,156
of which Profit (loss) carried forward: -€268,138
- Gross operating margin -€201,274
down €201,274 (-28.8%), from €699,312 to €498,038
- Taxes -€66,137
down €66,137 (-30.1%), from €219,414 to €153,277
- Depreciation +€9,305
up €9,305 (+33.0%), from €28,188 to €37,493
From the 2010 result to the 2011 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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2010 | 2011 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,241,398 | €1,436,203 | +€194,805 | +15.7% |
| Fixed assets | 21/28 | €133,072 | €599,345 | +€466,273 | +350% |
| Intangible fixed assets | 21 | €626 | €469 | -€157 | -25.0% |
| Tangible fixed assets | 22/27 | €132,396 | €598,826 | +€466,430 | +352% |
| Financial fixed assets | 28 | €50 | €50 | -€0 | -0.8% |
| Current assets | 29/58 | €1,108,326 | €836,858 | -€271,468 | -24.5% |
| Amounts receivable within one year | 40/41 | €475,184 | €78,009 | -€397,175 | -83.6% |
| Cash at bank and in hand | 54/58 | €632,186 | €757,834 | +€125,648 | +19.9% |
| Total equity and liabilities | 10/49 | €1,241,398 | €1,436,203 | +€194,805 | +15.7% |
| Equity | 10/15 | €648,988 | €390,156 | -€258,832 | -39.9% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €22,500 | €22,589 | +€89 | +0.4% |
| Profit (loss) carried forward | 14 | €588,988 | €320,850 | -€268,138 | -45.5% |
| Amounts payable | 17/49 | €592,410 | €1,046,046 | +€453,636 | +76.6% |
| Amounts payable within one year | 42/48 | €592,406 | €1,046,046 | +€453,640 | +76.6% |
| Trade debts | 44 | €7,609 | €42,664 | +€35,055 | +461% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,188 | €37,493 | +€9,305 | +33.0% |
| Gross operating margin | 9900 | €699,312 | €498,038 | -€201,274 | -28.8% |
| Operating profit (loss) | 9901 | €669,647 | €458,348 | -€211,299 | -31.6% |
| Recurring financial income | 75 | €465 | €13,817 | +€13,352 | +2,871% |
| Recurring financial charges | 65 | €4,781 | €1,938 | -€2,843 | -59.5% |
| Profit (loss) for the period before taxes | 9903 | €669,463 | €470,227 | -€199,236 | -29.8% |
| Income taxes | 67/77 | €219,414 | €153,277 | -€66,137 | -30.1% |
| Profit (loss) for the period | 9904 | €450,049 | €316,951 | -€133,098 | -29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €450,049 | €316,862 | -€133,187 | -29.6% |
Source: filed annual accounts (NBB), financial years ended 30 November 2010 and 30 November 2011. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.