RIPTEC: 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.
RIPTEC
Largest movements
- Stocks and contracts +€5,984
up €5,984 (+80.2%), from €7,465 to €13,449
- Tangible fixed assets -€3,011
down €3,011 (-68.8%), from €4,374 to €1,363
of which Furniture and vehicles: -€2,312
- Receivables within one year -€2,248
down €2,248 (-36.0%), from €6,250 to €4,003
of which Trade receivables: -€2,529
- Cash -€1,921
down €1,921 (-62.8%), from €3,056 to €1,135
mainly Stocks and contracts (-€5,984) and Net result for the year (-€3,768)
- Financial fixed assets -€500
no longer reported in 2025 (was €500)
- Profit (loss) carried forward -€3,768
down €3,768 (-30.5%), from -€12,360 to -€16,128
- Tax, wage and social debts +€2,367
up €2,367 (+137%), from €1,733 to €4,101
of which Remuneration and social security: +€2,478
- Other debts +€740
up €740 (+27.8%), from €2,663 to €3,403
- Accrued charges and deferred income -€693
no longer reported in 2025 (was €693)
- Trade debts -€649
down €649 (-37.9%), from €1,711 to €1,062
- Gross operating margin +€20,252
up €20,252 (+125%), from €16,172 to €36,424
- Staff costs +€17,479
up €17,479 (+95.2%), from €18,360 to €35,840
- Depreciation -€1,709
down €1,709 (-36.2%), from €4,720 to €3,011
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 | €22,852 | €20,759 | -€2,093 | -9.2% |
| Fixed assets | 21/28 | €4,874 | €1,363 | -€3,511 | -72.0% |
| Tangible fixed assets | 22/27 | €4,374 | €1,363 | -€3,011 | -68.8% |
| Plant, machinery and equipment | 23 | €1,071 | €372 | -€699 | -65.2% |
| Furniture and vehicles | 24 | €3,303 | €991 | -€2,312 | -70.0% |
| Financial fixed assets | 28 | €500 | - | -€500 | |
| Current assets | 29/58 | €17,978 | €19,396 | +€1,418 | +7.9% |
| Stocks and contracts in progress | 3 | €7,465 | €13,449 | +€5,984 | +80.2% |
| Stocks | 30/36 | €7,465 | €13,449 | +€5,984 | +80.2% |
| Amounts receivable within one year | 40/41 | €6,250 | €4,003 | -€2,248 | -36.0% |
| Trade receivables | 40 | €5,220 | €2,691 | -€2,529 | -48.4% |
| Other amounts receivable | 41 | €1,030 | €1,312 | +€282 | +27.3% |
| Cash at bank and in hand | 54/58 | €3,056 | €1,135 | -€1,921 | -62.8% |
| Deferred charges and accrued income | 490/1 | €1,207 | €809 | -€397 | -32.9% |
| Total equity and liabilities | 10/49 | €22,852 | €20,759 | -€2,093 | -9.2% |
| Equity | 10/15 | €15,962 | €12,194 | -€3,768 | -23.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,122 | €22,122 | = | 0.0% |
| Distributable reserves | 133 | €22,122 | €22,122 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,360 | -€16,128 | -€3,768 | -30.5% |
| Amounts payable | 17/49 | €6,890 | €8,565 | +€1,675 | +24.3% |
| Amounts payable within one year | 42/48 | €6,197 | €8,565 | +€2,368 | +38.2% |
| Trade debts | 44 | €1,711 | €1,062 | -€649 | -37.9% |
| Suppliers | 440/4 | €1,711 | €1,062 | -€649 | -37.9% |
| Advances received on contracts in progress | 46 | €90 | - | -€90 | |
| Taxes, remuneration and social security | 45 | €1,733 | €4,101 | +€2,367 | +137% |
| Taxes | 450/3 | €110 | - | -€110 | |
| Remuneration and social security | 454/9 | €1,623 | €4,101 | +€2,478 | +153% |
| Other amounts payable | 47/48 | €2,663 | €3,403 | +€740 | +27.8% |
| Accrued charges and deferred income | 492/3 | €693 | - | -€693 | |
| Remuneration, social security and pensions | 62 | €18,360 | €35,840 | +€17,479 | +95.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,720 | €3,011 | -€1,709 | -36.2% |
| Other operating charges | 640/8 | €1,436 | €1,208 | -€229 | -15.9% |
| Gross operating margin | 9900 | €16,172 | €36,424 | +€20,252 | +125% |
| Operating profit (loss) | 9901 | -€8,345 | -€3,635 | +€4,710 | +56.4% |
| Financial income | 75/76B | €42 | €13 | -€29 | -68.2% |
| Recurring financial income | 75 | €42 | €13 | -€29 | -68.2% |
| Financial charges | 65/66B | €127 | €147 | +€19 | +15.2% |
| Recurring financial charges | 65 | €127 | €147 | +€19 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,430 | -€3,768 | +€4,662 | +55.3% |
| Profit (loss) for the period | 9904 | -€8,430 | -€3,768 | +€4,662 | +55.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,430 | -€3,768 | +€4,662 | +55.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.