STUDIO RITSART GOBYN: what changed
STUDIO RITSART GOBYN
Largest movements
- Receivables within one year +€21,149
up €21,149 (+224%), from €9,434 to €30,583
of which Trade receivables: +€21,054
- Cash +€15,407
up €15,407 (+175%), from €8,806 to €24,213
mainly Other debts (+€23,856) and Depreciation (+€13,788)
- Tangible fixed assets -€12,914
down €12,914 (-6.4%), from €202,662 to €189,748
of which Land and buildings: -€10,546
- Other debts +€23,856
up €23,856 (+14.3%), from €166,889 to €190,745
- Tax, wage and social debts -€9,745
down €9,745 (-83.6%), from €11,650 to €1,905
- Profit (loss) carried forward +€8,920
up €8,920 (+44.6%), from -€19,982 to -€11,062
- Purchases and services -€43,843
no longer reported in 2025 (was €43,843)
- Turnover -€38,616
no longer reported in 2025 (was €38,616)
- Gross operating margin +€28,710
up €28,710, from -€5,227 to €23,483
- Financial charges -€1,058
down €1,058 (-99.6%), from €1,062 to €4
- Depreciation +€844
up €844 (+6.5%), from €12,944 to €13,788
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,491 | €248,760 | +€24,269 | +10.8% |
| Fixed assets | 21/28 | €202,912 | €189,998 | -€12,914 | -6.4% |
| Tangible fixed assets | 22/27 | €202,662 | €189,748 | -€12,914 | -6.4% |
| Land and buildings | 22 | €191,544 | €180,998 | -€10,546 | -5.5% |
| Plant, machinery and equipment | 23 | €7,437 | €6,259 | -€1,178 | -15.8% |
| Furniture and vehicles | 24 | €3,681 | €2,492 | -€1,189 | -32.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €21,579 | €58,762 | +€37,183 | +172% |
| Stocks and contracts in progress | 3 | €3,339 | €3,790 | +€451 | +13.5% |
| Stocks | 30/36 | €3,339 | €3,790 | +€451 | +13.5% |
| Amounts receivable within one year | 40/41 | €9,434 | €30,583 | +€21,149 | +224% |
| Trade receivables | 40 | €9,374 | €30,428 | +€21,054 | +225% |
| Other amounts receivable | 41 | €60 | €155 | +€95 | +159% |
| Cash at bank and in hand | 54/58 | €8,806 | €24,213 | +€15,407 | +175% |
| Deferred charges and accrued income | 490/1 | - | €176 | +€176 | |
| Total equity and liabilities | 10/49 | €224,491 | €248,760 | +€24,269 | +10.8% |
| Equity | 10/15 | €44,679 | €53,599 | +€8,920 | +20.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €59,661 | €59,661 | +€0 | 0.0% |
| Distributable reserves | 133 | €59,661 | €59,661 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€19,982 | -€11,062 | +€8,920 | +44.6% |
| Amounts payable | 17/49 | €179,812 | €195,161 | +€15,349 | +8.5% |
| Amounts payable within one year | 42/48 | €179,812 | €194,992 | +€15,180 | +8.4% |
| Trade debts | 44 | €1,273 | €2,342 | +€1,069 | +84.0% |
| Suppliers | 440/4 | €1,273 | €2,342 | +€1,069 | +84.0% |
| Taxes, remuneration and social security | 45 | €11,650 | €1,905 | -€9,745 | -83.6% |
| Taxes | 450/3 | €11,650 | €1,905 | -€9,745 | -83.6% |
| Other amounts payable | 47/48 | €166,889 | €190,745 | +€23,856 | +14.3% |
| Accrued charges and deferred income | 492/3 | - | €169 | +€169 | |
| Turnover | 70 | €38,616 | - | -€38,616 | |
| Goods, raw materials, services and sundry goods | 60/61 | €43,843 | - | -€43,843 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,944 | €13,788 | +€844 | +6.5% |
| Other operating charges | 640/8 | €591 | €731 | +€140 | +23.8% |
| Gross operating margin | 9900 | -€5,227 | €23,483 | +€28,710 | |
| Operating profit (loss) | 9901 | -€18,762 | €8,964 | +€27,726 | |
| Financial income | 75/76B | €25 | €101 | +€76 | +303% |
| Recurring financial income | 75 | €25 | €101 | +€76 | +303% |
| Financial charges | 65/66B | €1,062 | €4 | -€1,058 | -99.6% |
| Recurring financial charges | 65 | €1,062 | €4 | -€1,058 | -99.6% |
| Profit (loss) for the period before taxes | 9903 | -€19,799 | €9,061 | +€28,860 | |
| Income taxes | 67/77 | €183 | €141 | -€42 | -23.0% |
| Profit (loss) for the period | 9904 | -€19,982 | €8,920 | +€28,902 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,982 | €8,920 | +€28,902 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.