THOMAS DE RIDDER: what changed
What changed
THOMAS DE RIDDER
NACE 43.120, Site preparation
filed annual accounts (NBB)
Net result for the year
€78,473
2024 · €71,739+€6,735
Equity
€238,755
2024 · €560,282-€321,527
Cash
€243,290
2024 · €247,089-€3,799
Balance sheet total
€634,231
2024 · €717,378-€83,147
Largest movements
Assets
- Tangible fixed assets -€100,178
down €100,178 (-37.8%), from €264,684 to €164,506
of which Furniture and vehicles: -€90,661
- Deferred charges and accrued income +€25,429
up €25,429 (+190%), from €13,409 to €38,838
Equity and liabilities
- Other debts +€337,112
new in 2025: €337,112
- Reserves -€321,527
down €321,527 (-59.5%), from €540,282 to €218,755
- Current portion of long-term debt -€47,485
down €47,485 (-100%), from €47,485 to €0
- Trade debts -€30,381
down €30,381 (-42.4%), from €71,614 to €41,233
- Tax, wage and social debts -€20,866
down €20,866 (-54.9%), from €37,997 to €17,131
of which Taxes: -€12,430
Income statement
- Gross operating margin -€23,273
down €23,273 (-6.4%), from €364,251 to €340,978
- Depreciation -€19,505
down €19,505 (-15.8%), from €123,083 to €103,578
- Staff costs -€10,113
down €10,113 (-7.2%), from €141,299 to €131,186
- Write-downs +€4,431
new in 2025: €4,431
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.
Result 2024
€71,739
Gross operating margin
-€23,273
Staff costs
+€10,113
Depreciation
+€19,505
Write-downs
-€4,431
Other operating charges
-€386
Financial income
+€0
Financial charges
+€2,742
Taxes
+€2,464
Result 2025
€78,473
raises the resultlowers the result
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.
From operations
+€447,086
Investment
-€3,400
Financing
-€447,485
Cash 2024
€247,089
From operations (derived)
+€447,086
Net result for the year
+€78,473
Depreciation
+€103,578
Receivables within one year
+€4,599
Deferred charges and accrued income
-€25,429
Trade debts
-€30,381
Tax, wage and social debts
-€20,866
Other debts
+€337,112
Investment (derived)
-€3,400
Investment in fixed assets (net)
-€3,400
Financing
-€447,485
Current portion of long-term debt
-€47,485
Contributions, distributions and other
-€400,000
Cash 2025
€243,290
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €717,378 | €634,231 | -€83,147 | -11.6% |
| Fixed assets | 21/28 | €264,684 | €164,506 | -€100,178 | -37.8% |
| Tangible fixed assets | 22/27 | €264,684 | €164,506 | -€100,178 | -37.8% |
| Land and buildings | 22 | €15,350 | €10,540 | -€4,810 | -31.3% |
| Plant, machinery and equipment | 23 | €17,648 | €12,941 | -€4,707 | -26.7% |
| Furniture and vehicles | 24 | €231,686 | €141,025 | -€90,661 | -39.1% |
| Current assets | 29/58 | €452,694 | €469,725 | +€17,031 | +3.8% |
| Amounts receivable within one year | 40/41 | €192,196 | €187,597 | -€4,599 | -2.4% |
| Trade receivables | 40 | €183,726 | €186,771 | +€3,045 | +1.7% |
| Other amounts receivable | 41 | €8,470 | €826 | -€7,644 | -90.2% |
| Cash at bank and in hand | 54/58 | €247,089 | €243,290 | -€3,799 | -1.5% |
| Deferred charges and accrued income | 490/1 | €13,409 | €38,838 | +€25,429 | +190% |
| Total equity and liabilities | 10/49 | €717,378 | €634,231 | -€83,147 | -11.6% |
| Equity | 10/15 | €560,282 | €238,755 | -€321,527 | -57.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €540,282 | €218,755 | -€321,527 | -59.5% |
| Distributable reserves | 133 | €540,282 | €218,755 | -€321,527 | -59.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €157,096 | €395,476 | +€238,380 | +152% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €157,096 | €395,476 | +€238,380 | +152% |
| Current portion of amounts payable after more than one year | 42 | €47,485 | €0 | -€47,485 | -100% |
| Trade debts | 44 | €71,614 | €41,233 | -€30,381 | -42.4% |
| Suppliers | 440/4 | €71,614 | €41,233 | -€30,381 | -42.4% |
| Taxes, remuneration and social security | 45 | €37,997 | €17,131 | -€20,866 | -54.9% |
| Taxes | 450/3 | €19,550 | €7,120 | -€12,430 | -63.6% |
| Remuneration and social security | 454/9 | €18,447 | €10,011 | -€8,436 | -45.7% |
| Other amounts payable | 47/48 | - | €337,112 | +€337,112 | |
| Remuneration, social security and pensions | 62 | €141,299 | €131,186 | -€10,113 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,083 | €103,578 | -€19,505 | -15.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,431 | +€4,431 | |
| Other operating charges | 640/8 | €1,701 | €2,087 | +€386 | +22.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €364,251 | €340,978 | -€23,273 | -6.4% |
| Operating profit (loss) | 9901 | €98,169 | €99,697 | +€1,528 | +1.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €3,965 | €1,223 | -€2,742 | -69.2% |
| Recurring financial charges | 65 | €3,965 | €1,223 | -€2,742 | -69.2% |
| Profit (loss) for the period before taxes | 9903 | €94,203 | €98,473 | +€4,270 | +4.5% |
| Income taxes | 67/77 | €22,464 | €20,000 | -€2,464 | -11.0% |
| Profit (loss) for the period | 9904 | €71,739 | €78,473 | +€6,735 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €71,739 | €78,473 | +€6,735 | +9.4% |
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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 8 November 2026 via checked.be.