RIPPA BENELUX: 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.
RIPPA BENELUX
Largest movements
- Receivables within one year -€61,333
down €61,333 (-44.6%), from €137,567 to €76,234
of which Trade receivables: -€134,614
- Deferred charges and accrued income +€58,915
up €58,915 (+763%), from €7,725 to €66,640
- Cash +€58,272
up €58,272 (+14,848%), from €392 to €58,665
mainly Contributions, distributions and other (+€150,000) and Advances received (+€63,000)
- Contributions +€150,000
up €150,000 (+3,000%), from €5,000 to €155,000
- Other debts -€84,508
down €84,508 (-100%), from €84,508 to €0
- Trade debts -€66,903
down €66,903 (-83.4%), from €80,260 to €13,357
- Advances received +€63,000
new in 2025: €63,000
- Tax, wage and social debts -€17,055
down €17,055 (-100%), from €17,055 to €0
of which Remuneration and social security: -€14,768
- Gross operating margin -€143,291
down €143,291 (-85.4%), from €167,781 to €24,490
- Staff costs -€137,390
down €137,390 (-82.6%), from €166,371 to €28,982
- Financial charges -€11,550
down €11,550 (-80.3%), from €14,376 to €2,826
- Financial income +€6,386
up €6,386 (+1,065%), from €600 to €6,986
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €145,684 | €201,538 | +€55,854 | +38.3% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €145,684 | €201,538 | +€55,854 | +38.3% |
| Amounts receivable within one year | 40/41 | €137,567 | €76,234 | -€61,333 | -44.6% |
| Trade receivables | 40 | €135,180 | €566 | -€134,614 | -99.6% |
| Other amounts receivable | 41 | €2,387 | €75,668 | +€73,281 | +3,071% |
| Cash at bank and in hand | 54/58 | €392 | €58,665 | +€58,272 | +14,848% |
| Deferred charges and accrued income | 490/1 | €7,725 | €66,640 | +€58,915 | +763% |
| Total equity and liabilities | 10/49 | €145,684 | €201,538 | +€55,854 | +38.3% |
| Equity | 10/15 | -€36,139 | €113,038 | +€149,177 | |
| Contributions | 10/11 | €5,000 | €155,000 | +€150,000 | +3,000% |
| Reserves | 13 | €2,048 | €2,048 | = | 0.0% |
| Distributable reserves | 133 | €2,048 | €2,048 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,187 | -€44,010 | -€823 | -1.9% |
| Amounts payable | 17/49 | €181,823 | €88,500 | -€93,323 | -51.3% |
| Amounts payable within one year | 42/48 | €181,823 | €76,357 | -€105,466 | -58.0% |
| Trade debts | 44 | €80,260 | €13,357 | -€66,903 | -83.4% |
| Suppliers | 440/4 | €80,260 | €13,357 | -€66,903 | -83.4% |
| Advances received on contracts in progress | 46 | - | €63,000 | +€63,000 | |
| Taxes, remuneration and social security | 45 | €17,055 | €0 | -€17,055 | -100% |
| Taxes | 450/3 | €2,287 | €0 | -€2,287 | -100% |
| Remuneration and social security | 454/9 | €14,768 | €0 | -€14,768 | -100% |
| Other amounts payable | 47/48 | €84,508 | €0 | -€84,508 | -100% |
| Accrued charges and deferred income | 492/3 | - | €12,143 | +€12,143 | |
| Remuneration, social security and pensions | 62 | €166,371 | €28,982 | -€137,390 | -82.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,875 | €491 | -€1,384 | -73.8% |
| Gross operating margin | 9900 | €167,781 | €24,490 | -€143,291 | -85.4% |
| Operating profit (loss) | 9901 | -€465 | -€4,982 | -€4,517 | -971% |
| Financial income | 75/76B | €600 | €6,986 | +€6,386 | +1,065% |
| Recurring financial income | 75 | €600 | €6,986 | +€6,386 | +1,065% |
| Financial charges | 65/66B | €14,376 | €2,826 | -€11,550 | -80.3% |
| Recurring financial charges | 65 | €14,376 | €2,826 | -€11,550 | -80.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,242 | -€823 | +€13,419 | +94.2% |
| Profit (loss) for the period | 9904 | -€14,242 | -€823 | +€13,419 | +94.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,242 | -€823 | +€13,419 | +94.2% |
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 18 October 2026 via checked.be.