RIBAGH: 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.
RIBAGH
Largest movements
- Tangible fixed assets -€4,783
down €4,783 (-3.9%), from €121,246 to €116,463
- Other debts +€24,162
up €24,162 (+32.1%), from €75,208 to €99,370
- Trade debts -€14,189
down €14,189 (-99.3%), from €14,288 to €99
- Debts after one year -€10,383
no longer reported in 2024 (was €10,383)
- Current portion of long-term debt -€6,863
down €6,863 (-45.7%), from €15,019 to €8,155
- Profit (loss) carried forward +€2,040
up €2,040 (+16.8%), from -€12,120 to -€10,080
- Gross operating margin +€8,609
up €8,609 (+2,411%), from €357 to €8,966
- Financial charges -€1,508
down €1,508 (-77.0%), from €1,959 to €451
- Taxes -€1,244
no longer reported in 2024 (was €1,244)
- Other operating charges +€1,149
up €1,149 (+211%), from €544 to €1,693
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €122,309 | €116,808 | -€5,501 | -4.5% |
| Fixed assets | 21/28 | €121,246 | €116,463 | -€4,783 | -3.9% |
| Tangible fixed assets | 22/27 | €121,246 | €116,463 | -€4,783 | -3.9% |
| Land and buildings | 22 | €121,246 | €116,463 | -€4,783 | -3.9% |
| Current assets | 29/58 | €1,063 | €345 | -€718 | -67.6% |
| Cash at bank and in hand | 54/58 | €1,063 | €345 | -€718 | -67.6% |
| Total equity and liabilities | 10/49 | €122,309 | €116,808 | -€5,501 | -4.5% |
| Equity | 10/15 | €6,980 | €9,020 | +€2,040 | +29.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,120 | -€10,080 | +€2,040 | +16.8% |
| Amounts payable | 17/49 | €115,329 | €107,788 | -€7,541 | -6.5% |
| Amounts payable after more than one year | 17 | €10,383 | - | -€10,383 | |
| Financial debts | 170/4 | €10,383 | - | -€10,383 | |
| Amounts payable within one year | 42/48 | €104,946 | €107,788 | +€2,842 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €15,019 | €8,155 | -€6,863 | -45.7% |
| Trade debts | 44 | €14,288 | €99 | -€14,189 | -99.3% |
| Suppliers | 440/4 | €14,288 | €99 | -€14,189 | -99.3% |
| Taxes, remuneration and social security | 45 | €431 | €164 | -€267 | -62.0% |
| Taxes | 450/3 | €431 | €164 | -€267 | -62.0% |
| Other amounts payable | 47/48 | €75,208 | €99,370 | +€24,162 | +32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,783 | €4,783 | = | 0.0% |
| Other operating charges | 640/8 | €544 | €1,693 | +€1,149 | +211% |
| Gross operating margin | 9900 | €357 | €8,966 | +€8,609 | +2,411% |
| Operating profit (loss) | 9901 | -€4,969 | €2,491 | +€7,460 | |
| Financial charges | 65/66B | €1,959 | €451 | -€1,508 | -77.0% |
| Recurring financial charges | 65 | €1,959 | €451 | -€1,508 | -77.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,928 | €2,040 | +€8,968 | |
| Income taxes | 67/77 | €1,244 | - | -€1,244 | |
| Profit (loss) for the period | 9904 | -€8,173 | €2,040 | +€10,212 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,173 | €2,040 | +€10,212 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.