5 RIVERS: what changed
Two fiscal 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.
5 RIVERS
Largest movements
- Cash +€62,685
up €62,685 (+615.8%), from €10,180 to €72,865
mainly Trade debts (+€92,599) and Contributions, distributions and other (+€5,000)
- Tangible fixed assets +€8,383
new in 2025: €8,383
- Financial fixed assets +€6,775
up €6,775 (+255.7%), from €2,650 to €9,425
- Stocks and contracts +€2,043
up €2,043 (+9.3%), from €21,994 to €24,037
- Receivables within one year +€1,774
up €1,774 (+46.2%), from €3,837 to €5,611
- Trade debts +€92,599
up €92,599 (+388.5%), from €23,835 to €116,434
- Profit (loss) carried forward -€12,789
down €12,789, from €1,149 to -€11,640
- Contributions +€5,000
up €5,000 (+80.6%), from €6,200 to €11,200
- Tax, wage and social debts -€3,786
down €3,786 (-67.4%), from €5,617 to €1,831
of which Taxes: -€4,330
- Purchases and services +€283,621
up €283,621 (+49.2%), from €576,821 to €860,442
- Turnover +€271,025
up €271,025 (+46.4%), from €583,950 to €854,975
- Gross operating margin -€12,596
down €12,596, from €8,329 to -€4,267
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.
Cash bridge derived
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 | €38,661 | €120,321 | +€81,660 | +211.2% |
| Fixed assets | 21/28 | €2,650 | €17,808 | +€15,158 | +572.0% |
| Tangible fixed assets | 22/27 | - | €8,383 | +€8,383 | |
| Furniture and vehicles | 24 | - | €8,383 | +€8,383 | |
| Financial fixed assets | 28 | €2,650 | €9,425 | +€6,775 | +255.7% |
| Current assets | 29/58 | €36,011 | €102,513 | +€66,502 | +184.7% |
| Stocks and contracts in progress | 3 | €21,994 | €24,037 | +€2,043 | +9.3% |
| Stocks | 30/36 | €21,994 | €24,037 | +€2,043 | +9.3% |
| Amounts receivable within one year | 40/41 | €3,837 | €5,611 | +€1,774 | +46.2% |
| Other amounts receivable | 41 | €3,837 | €5,611 | +€1,774 | +46.2% |
| Cash at bank and in hand | 54/58 | €10,180 | €72,865 | +€62,685 | +615.8% |
| Total equity and liabilities | 10/49 | €38,661 | €120,321 | +€81,660 | +211.2% |
| Equity | 10/15 | €9,209 | €1,420 | -€7,789 | -84.6% |
| Contributions | 10/11 | €6,200 | €11,200 | +€5,000 | +80.6% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,149 | -€11,640 | -€12,789 | |
| Amounts payable | 17/49 | €29,452 | €118,901 | +€89,450 | +303.7% |
| Amounts payable within one year | 42/48 | €29,452 | €118,901 | +€89,450 | +303.7% |
| Trade debts | 44 | €23,835 | €116,434 | +€92,599 | +388.5% |
| Suppliers | 440/4 | €23,835 | €116,434 | +€92,599 | +388.5% |
| Taxes, remuneration and social security | 45 | €5,617 | €1,831 | -€3,786 | -67.4% |
| Taxes | 450/3 | €4,375 | €45 | -€4,330 | -99.0% |
| Remuneration and social security | 454/9 | €1,242 | €1,786 | +€544 | +43.8% |
| Other amounts payable | 47/48 | - | €637 | +€637 | |
| Turnover | 70 | €583,950 | €854,975 | +€271,025 | +46.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €576,821 | €860,442 | +€283,621 | +49.2% |
| Remuneration, social security and pensions | 62 | - | €2,738 | +€2,738 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,130 | €517 | -€2,613 | -83.5% |
| Other operating charges | 640/8 | €791 | €5,029 | +€4,238 | +535.8% |
| Non-recurring operating charges | 66A | €3,492 | - | -€3,492 | |
| Gross operating margin | 9900 | €8,329 | -€4,267 | -€12,596 | |
| Operating profit (loss) | 9901 | €916 | -€12,550 | -€13,467 | |
| Financial charges | 65/66B | €229 | €239 | +€10 | +4.4% |
| Recurring financial charges | 65 | €229 | €239 | +€10 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €687 | -€12,789 | -€13,477 | |
| Profit (loss) for the period | 9904 | €687 | -€12,789 | -€13,477 | |
| Profit (loss) for the period to be appropriated | 9905 | €687 | -€12,789 | -€13,477 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.