de RIVERY: 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.
de RIVERY
Largest movements
- Tangible fixed assets -€123,641
down €123,641 (-34.4%), from €359,633 to €235,992
of which Land and buildings: -€116,375
- Cash +€58,597
up €58,597 (+91.6%), from €63,955 to €122,553
mainly Investment in fixed assets (net) (+€101,725) and Depreciation (+€21,916)
- Receivables within one year +€5,166
up €5,166 (+140%), from €3,681 to €8,846
of which Trade receivables: +€2,753
- Reserves -€34,117
down €34,117 (-13.9%), from €246,275 to €212,159
of which Tax-exempt reserves: -€34,117
- Tax, wage and social debts -€30,408
down €30,408 (-89.0%), from €34,157 to €3,749
- Provisions -€14,324
no longer reported in 2025 (was €14,324)
- Other debts +€12,653
up €12,653 (+12.0%), from €105,396 to €118,049
- Trade debts +€6,996
up €6,996 (+351%), from €1,994 to €8,990
- Other operating charges +€32,519
up €32,519 (+403%), from €8,071 to €40,591
- Gross operating margin -€22,532
down €22,532 (-45.2%), from €49,796 to €27,264
- Turnover -€10,469
down €10,469 (-10.8%), from €97,260 to €86,790
- Purchases and services +€4,668
up €4,668 (+8.5%), from €54,858 to €59,527
- Taxes -€2,842
down €2,842 (-63.6%), from €4,466 to €1,624
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 | €430,580 | €371,484 | -€59,095 | -13.7% |
| Fixed assets | 21/28 | €359,633 | €235,992 | -€123,641 | -34.4% |
| Tangible fixed assets | 22/27 | €359,633 | €235,992 | -€123,641 | -34.4% |
| Land and buildings | 22 | €315,075 | €198,700 | -€116,375 | -36.9% |
| Plant, machinery and equipment | 23 | €5,128 | €5,649 | +€521 | +10.2% |
| Furniture and vehicles | 24 | €39,430 | €31,642 | -€7,788 | -19.8% |
| Current assets | 29/58 | €70,946 | €135,493 | +€64,546 | +91.0% |
| Amounts receivable within one year | 40/41 | €3,681 | €8,846 | +€5,166 | +140% |
| Trade receivables | 40 | €599 | €3,352 | +€2,753 | +460% |
| Other amounts receivable | 41 | €3,082 | €5,495 | +€2,413 | +78.3% |
| Cash at bank and in hand | 54/58 | €63,955 | €122,553 | +€58,597 | +91.6% |
| Deferred charges and accrued income | 490/1 | €3,310 | €4,094 | +€783 | +23.7% |
| Total equity and liabilities | 10/49 | €430,580 | €371,484 | -€59,095 | -13.7% |
| Equity | 10/15 | €271,383 | €240,686 | -€30,697 | -11.3% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €246,275 | €212,159 | -€34,117 | -13.9% |
| Tax-exempt reserves | 132 | €34,117 | - | -€34,117 | |
| Distributable reserves | 133 | €212,159 | €212,159 | = | 0.0% |
| Profit (loss) carried forward | 14 | €318 | €3,738 | +€3,420 | +1,076% |
| Provisions and deferred taxes | 16 | €14,324 | - | -€14,324 | |
| Deferred taxes | 168 | €14,324 | - | -€14,324 | |
| Amounts payable | 17/49 | €144,873 | €130,798 | -€14,075 | -9.7% |
| Amounts payable within one year | 42/48 | €141,547 | €130,788 | -€10,759 | -7.6% |
| Trade debts | 44 | €1,994 | €8,990 | +€6,996 | +351% |
| Suppliers | 440/4 | €1,994 | €8,990 | +€6,996 | +351% |
| Taxes, remuneration and social security | 45 | €34,157 | €3,749 | -€30,408 | -89.0% |
| Taxes | 450/3 | €34,157 | €3,749 | -€30,408 | -89.0% |
| Other amounts payable | 47/48 | €105,396 | €118,049 | +€12,653 | +12.0% |
| Accrued charges and deferred income | 492/3 | €3,326 | €10 | -€3,316 | -99.7% |
| Turnover | 70 | €97,260 | €86,790 | -€10,469 | -10.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €54,858 | €59,527 | +€4,668 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,145 | €21,916 | -€1,229 | -5.3% |
| Other operating charges | 640/8 | €8,071 | €40,591 | +€32,519 | +403% |
| Gross operating margin | 9900 | €49,796 | €27,264 | -€22,532 | -45.2% |
| Operating profit (loss) | 9901 | €18,580 | -€35,243 | -€53,823 | |
| Financial income | 75/76B | €159 | €129 | -€30 | -19.1% |
| Recurring financial income | 75 | €159 | €129 | -€30 | -19.1% |
| Financial charges | 65/66B | €6,605 | €7,282 | +€677 | +10.3% |
| Recurring financial charges | 65 | €6,605 | €7,282 | +€677 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €12,134 | -€42,396 | -€54,530 | |
| Transfer from deferred taxes | 780 | €781 | €14,324 | +€13,543 | +1,733% |
| Income taxes | 67/77 | €4,466 | €1,624 | -€2,842 | -63.6% |
| Profit (loss) for the period | 9904 | €8,449 | -€29,697 | -€38,146 | |
| Transfer from tax-exempt reserves | 789 | €1,860 | €34,117 | +€32,257 | +1,734% |
| Profit (loss) for the period to be appropriated | 9905 | €10,309 | €4,420 | -€5,889 | -57.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.