CUMA DES RIVETEAUX: 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.
CUMA DES RIVETEAUX
Largest movements
- Tangible fixed assets +€262,368
up €262,368 (+5,696%), from €4,607 to €266,974
- Receivables within one year +€44,792
up €44,792 (+5,073%), from €883 to €45,675
of which Other amounts receivable: +€45,359
- Cash -€14,818
down €14,818 (-51.4%), from €28,827 to €14,009
mainly Investment in fixed assets (net) (-€266,187) and Receivables within one year (-€44,792)
- Trade debts +€159,525
up €159,525 (+5,366%), from €2,973 to €162,498
- Debts after one year +€68,214
new in 2025: €68,214
- Reserves +€28,926
up €28,926 (+1,556%), from €1,859 to €30,785
of which Tax-exempt reserves: +€28,926
- Other debts +€19,932
up €19,932 (+828%), from €2,406 to €22,338
- Current portion of long-term debt +€14,429
up €14,429 (+127%), from €11,357 to €25,786
- Gross operating margin +€19,832
up €19,832 (+113%), from €17,559 to €37,391
- Depreciation -€9,965
down €9,965 (-72.3%), from €13,784 to €3,819
- Other operating charges +€1,252
up €1,252 (+326%), from €384 to €1,637
- Financial charges +€803
up €803 (+88.2%), from €910 to €1,712
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 | €38,179 | €329,740 | +€291,561 | +764% |
| Fixed assets | 21/28 | €4,607 | €266,974 | +€262,368 | +5,696% |
| Tangible fixed assets | 22/27 | €4,607 | €266,974 | +€262,368 | +5,696% |
| Plant, machinery and equipment | 23 | €4,607 | €266,974 | +€262,368 | +5,696% |
| Current assets | 29/58 | €33,573 | €62,765 | +€29,193 | +87.0% |
| Stocks and contracts in progress | 3 | €2,472 | €1,644 | -€829 | -33.5% |
| Stocks | 30/36 | €2,472 | €1,644 | -€829 | -33.5% |
| Amounts receivable within one year | 40/41 | €883 | €45,675 | +€44,792 | +5,073% |
| Trade receivables | 40 | €883 | €316 | -€567 | -64.2% |
| Other amounts receivable | 41 | - | €45,359 | +€45,359 | |
| Cash at bank and in hand | 54/58 | €28,827 | €14,009 | -€14,818 | -51.4% |
| Deferred charges and accrued income | 490/1 | €1,391 | €1,438 | +€47 | +3.4% |
| Total equity and liabilities | 10/49 | €38,179 | €329,740 | +€291,561 | +764% |
| Equity | 10/15 | €12,681 | €35,672 | +€22,992 | +181% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €30,785 | +€28,926 | +1,556% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | - | €28,926 | +€28,926 | |
| Distributable reserves | 133 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | €4,624 | -€1,310 | -€5,934 | |
| Provisions and deferred taxes | 16 | - | €7,231 | +€7,231 | |
| Deferred taxes | 168 | - | €7,231 | +€7,231 | |
| Amounts payable | 17/49 | €25,498 | €286,836 | +€261,337 | +1,025% |
| Amounts payable after more than one year | 17 | - | €68,214 | +€68,214 | |
| Financial debts | 170/4 | - | €68,214 | +€68,214 | |
| Amounts payable within one year | 42/48 | €25,498 | €218,622 | +€193,123 | +757% |
| Current portion of amounts payable after more than one year | 42 | €11,357 | €25,786 | +€14,429 | +127% |
| Trade debts | 44 | €2,973 | €162,498 | +€159,525 | +5,366% |
| Suppliers | 440/4 | €2,973 | €162,498 | +€159,525 | +5,366% |
| Taxes, remuneration and social security | 45 | €8,762 | €8,000 | -€762 | -8.7% |
| Taxes | 450/3 | €762 | - | -€762 | |
| Remuneration and social security | 454/9 | €8,000 | €8,000 | = | 0.0% |
| Other amounts payable | 47/48 | €2,406 | €22,338 | +€19,932 | +828% |
| Non-recurring operating income | 76A | - | €42,859 | +€42,859 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,784 | €3,819 | -€9,965 | -72.3% |
| Other operating charges | 640/8 | €384 | €1,637 | +€1,252 | +326% |
| Gross operating margin | 9900 | €17,559 | €37,391 | +€19,832 | +113% |
| Operating profit (loss) | 9901 | €3,391 | €31,935 | +€28,545 | +842% |
| Financial income | 75/76B | €0 | €0 | +€0 | +127% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +127% |
| Financial charges | 65/66B | €910 | €1,712 | +€803 | +88.2% |
| Recurring financial charges | 65 | €910 | €1,712 | +€803 | +88.2% |
| Profit (loss) for the period before taxes | 9903 | €2,481 | €30,223 | +€27,742 | +1,118% |
| Transfer from deferred taxes | 780 | - | €880 | +€880 | |
| Transfer to deferred taxes | 680 | - | €8,111 | +€8,111 | |
| Profit (loss) for the period | 9904 | €2,481 | €22,992 | +€20,511 | +827% |
| Transfer from tax-exempt reserves | 789 | - | €3,519 | +€3,519 | |
| Transfer to tax-exempt reserves | 689 | - | €32,445 | +€32,445 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,481 | -€5,934 | -€8,415 |
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 20 October 2026 via checked.be.