DU RISOIR: 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.
DU RISOIR
Largest movements
- Stocks and contracts -€122,500
down €122,500 (-36.7%), from €333,500 to €211,000
- Cash +€32,713
up €32,713 (+5896.0%), from €555 to €33,268
mainly Stocks and contracts (+€122,500) and Advances received (+€3,800)
- Other debts -€68,472
down €68,472 (-14.4%), from €476,433 to €407,961
- Profit (loss) carried forward -€21,031
new in 2025: -€21,031
- Current portion of long-term debt -€5,328
down €5,328 (-100.0%), from €5,328 to €0
- Gross operating margin -€21,913
down €21,913, from €5,539 to -€16,374
- Depreciation -€543
down €543 (-19.1%), from €2,846 to €2,303
- Financial charges +€268
up €268 (+62.1%), from €431 to €699
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 | €532,051 | €442,197 | -€89,854 | -16.9% |
| Fixed assets | 21/28 | €193,021 | €190,718 | -€2,303 | -1.2% |
| Tangible fixed assets | 22/27 | €6,021 | €3,718 | -€2,303 | -38.3% |
| Plant, machinery and equipment | 23 | €6,021 | €3,718 | -€2,303 | -38.3% |
| Financial fixed assets | 28 | €187,000 | €187,000 | = | 0.0% |
| Current assets | 29/58 | €339,030 | €251,479 | -€87,551 | -25.8% |
| Stocks and contracts in progress | 3 | €333,500 | €211,000 | -€122,500 | -36.7% |
| Stocks | 30/36 | €333,500 | €211,000 | -€122,500 | -36.7% |
| Amounts receivable within one year | 40/41 | €3,968 | €4,586 | +€618 | +15.6% |
| Other amounts receivable | 41 | €3,968 | €4,586 | +€618 | +15.6% |
| Cash at bank and in hand | 54/58 | €555 | €33,268 | +€32,713 | +5896.0% |
| Deferred charges and accrued income | 490/1 | €1,007 | €2,625 | +€1,618 | +160.7% |
| Total equity and liabilities | 10/49 | €532,051 | €442,197 | -€89,854 | -16.9% |
| Equity | 10/15 | €42,746 | €21,716 | -€21,031 | -49.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,146 | €24,146 | = | 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% |
| Distributable reserves | 133 | €22,286 | €22,286 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€21,031 | -€21,031 | |
| Amounts payable | 17/49 | €489,305 | €420,481 | -€68,824 | -14.1% |
| Amounts payable within one year | 42/48 | €489,305 | €420,481 | -€68,824 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €5,328 | €0 | -€5,328 | -100.0% |
| Trade debts | 44 | €5,739 | €7,021 | +€1,282 | +22.3% |
| Suppliers | 440/4 | €5,739 | €7,021 | +€1,282 | +22.3% |
| Advances received on contracts in progress | 46 | - | €3,800 | +€3,800 | |
| Taxes, remuneration and social security | 45 | €1,805 | €1,700 | -€105 | -5.8% |
| Taxes | 450/3 | €1,805 | €1,700 | -€105 | -5.8% |
| Other amounts payable | 47/48 | €476,433 | €407,961 | -€68,472 | -14.4% |
| Non-recurring operating income | 76A | €30,210 | €0 | -€30,210 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,846 | €2,303 | -€543 | -19.1% |
| Other operating charges | 640/8 | €1,309 | €1,354 | +€45 | +3.4% |
| Gross operating margin | 9900 | €5,539 | -€16,374 | -€21,913 | |
| Operating profit (loss) | 9901 | €1,384 | -€20,031 | -€21,415 | |
| Financial charges | 65/66B | €431 | €699 | +€268 | +62.1% |
| Recurring financial charges | 65 | €431 | €699 | +€268 | +62.1% |
| Profit (loss) for the period before taxes | 9903 | €953 | -€20,730 | -€21,683 | |
| Income taxes | 67/77 | €340 | €301 | -€39 | -11.6% |
| Profit (loss) for the period | 9904 | €613 | -€21,031 | -€21,643 | |
| Profit (loss) for the period to be appropriated | 9905 | €613 | -€21,031 | -€21,643 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.