Fluvius Riobra: 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.
What changed
Fluvius Riobra
NACE 37.000, Sewerage
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €2.7m-€1.4m
Equity
€261.0m
2024 · €246.0m+€15.0m
Cash
€896
2024 · €1,365-€469
Balance sheet total
€383.3m
2024 · €345.0m+€38.2m
Largest movements
Assets
- Tangible fixed assets +€32.2m
up €32.2m (+11.8%), from €272.2m to €304.4m
of which Plant, machinery and equipment: +€24.3m
- Receivables within one year +€6.1m
up €6.1m (+8.6%), from €70.5m to €76.6m
of which Trade receivables: +€4.1m
Equity and liabilities
- Investment grants +€16.0m
up €16.0m (+22.8%), from €70.0m to €86.0m
- Debts after one year +€15.0m
up €15.0m (+19.7%), from €76.3m to €91.3m
- Trade debts +€5.1m
up €5.1m (+419,156%), from €1,210 to €5.1m
Income statement
- Services and other goods +€2.7m
up €2.7m (+36.6%), from €7.5m to €10.2m
- Turnover +€2.5m
up €2.5m (+12.8%), from €19.6m to €22.1m
- Financial charges +€731,519
up €731,519 (+38.8%), from €1.9m to €2.6m
- Other operating charges -€555,001
down €555,001 (-17.4%), from €3.2m to €2.6m
- Financial income -€548,937
down €548,937 (-14.4%), from €3.8m to €3.3m
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.
Result 2024
€2.7m
Turnover
+€2.5m
Other operating income
+€10,630
Services and other goods
-€2.7m
Depreciation
-€464,081
Other operating charges
+€555,001
Financial income
-€548,937
Financial charges
-€731,519
Result 2025
€1.3m
raises the resultlowers the result
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.
From operations
+€12.1m
Investment
-€40.9m
Financing
+€28.7m
Cash 2024
€1,365
From operations (derived)
+€12.1m
Net result for the year
+€1.3m
Depreciation
+€8.7m
Receivables within one year
-€6.1m
Trade debts
+€5.1m
Tax, wage and social debts
+€127,402
Other debts
+€2.5m
Accrued charges and deferred income
+€445,440
Investment (derived)
-€40.9m
Investment in fixed assets (net)
-€40.9m
Financing
+€28.7m
Debts after one year
+€15.0m
Current portion of long-term debt
+€21,076
Contributions, distributions and other
+€13.7m
Cash 2025
€896
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €345,043,278 | €383,253,161 | +€38.2m | +11.1% |
| Fixed assets | 21/28 | €274,491,993 | €306,642,917 | +€32.2m | +11.7% |
| Intangible fixed assets | 21 | €2,260,451 | €2,203,635 | -€56,816 | -2.5% |
| Tangible fixed assets | 22/27 | €272,196,249 | €304,403,990 | +€32.2m | +11.8% |
| Land and buildings | 22 | €1,260,441 | €1,636,640 | +€376,199 | +29.8% |
| Plant, machinery and equipment | 23 | €211,424,643 | €235,700,437 | +€24.3m | +11.5% |
| Furniture and vehicles | 24 | €238,065 | €575,619 | +€337,554 | +142% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €59,273,100 | €66,491,294 | +€7.2m | +12.2% |
| Financial fixed assets | 28 | €35,292 | €35,292 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €35,292 | €35,292 | = | 0.0% |
| Participating interests | 282 | €35,292 | €35,292 | = | 0.0% |
| Current assets | 29/58 | €70,551,286 | €76,610,244 | +€6.1m | +8.6% |
| Amounts receivable within one year | 40/41 | €70,549,921 | €76,609,348 | +€6.1m | +8.6% |
| Trade receivables | 40 | €172,046 | €4,252,733 | +€4.1m | +2,372% |
| Other amounts receivable | 41 | €70,377,875 | €72,356,615 | +€2.0m | +2.8% |
| Cash at bank and in hand | 54/58 | €1,365 | €896 | -€469 | -34.3% |
| Total equity and liabilities | 10/49 | €345,043,278 | €383,253,161 | +€38.2m | +11.1% |
| Equity | 10/15 | €245,967,168 | €260,963,200 | +€15.0m | +6.1% |
| Contributions | 10/11 | €152,732,098 | €150,450,749 | -€2.3m | -1.5% |
| Reserves | 13 | €23,201,107 | €24,514,589 | +€1.3m | +5.7% |
| Distributable reserves | 133 | €23,201,107 | €24,514,589 | +€1.3m | +5.7% |
| Investment grants | 15 | €70,033,962 | €85,997,862 | +€16.0m | +22.8% |
| Amounts payable | 17/49 | €99,076,111 | €122,289,961 | +€23.2m | +23.4% |
| Amounts payable after more than one year | 17 | €76,278,065 | €91,296,811 | +€15.0m | +19.7% |
| Financial debts | 170/4 | €76,278,065 | €91,296,811 | +€15.0m | +19.7% |
| Leasing and similar obligations | 172 | €0 | - | = | |
| Credit institutions | 173 | €75,108,065 | €90,126,811 | +€15.0m | +20.0% |
| Other loans | 174 | €1,170,000 | €1,170,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €21,760,405 | €29,510,070 | +€7.7m | +35.6% |
| Current portion of amounts payable after more than one year | 42 | €1,960,178 | €1,981,254 | +€21,076 | +1.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,210 | €5,074,885 | +€5.1m | +419,156% |
| Suppliers | 440/4 | €1,210 | €5,074,885 | +€5.1m | +419,156% |
| Taxes, remuneration and social security | 45 | €237,626 | €365,028 | +€127,402 | +53.6% |
| Taxes | 450/3 | €237,626 | €365,028 | +€127,402 | +53.6% |
| Other amounts payable | 47/48 | €19,561,390 | €22,088,903 | +€2.5m | +12.9% |
| Accrued charges and deferred income | 492/3 | €1,037,641 | €1,483,080 | +€445,440 | +42.9% |
| Operating income | 70/76A | €19,689,232 | €22,206,286 | +€2.5m | +12.8% |
| Turnover | 70 | €19,605,894 | €22,112,318 | +€2.5m | +12.8% |
| Other operating income | 74 | €83,338 | €93,968 | +€10,630 | +12.8% |
| Operating charges | 60/66A | €18,903,622 | €21,540,075 | +€2.6m | +13.9% |
| Services and other goods | 61 | €7,461,366 | €10,188,740 | +€2.7m | +36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,252,121 | €8,716,202 | +€464,081 | +5.6% |
| Other operating charges | 640/8 | €3,190,135 | €2,635,134 | -€555,001 | -17.4% |
| Operating profit (loss) | 9901 | €785,610 | €666,211 | -€119,400 | -15.2% |
| Financial income | 75/76B | €3,815,308 | €3,266,372 | -€548,937 | -14.4% |
| Recurring financial income | 75 | €3,815,308 | €3,266,372 | -€548,937 | -14.4% |
| Income from current assets | 751 | €2,497,337 | €1,719,743 | -€777,594 | -31.1% |
| Other financial income | 752/9 | €1,317,972 | €1,546,629 | +€228,657 | +17.3% |
| Financial charges | 65/66B | €1,887,581 | €2,619,100 | +€731,519 | +38.8% |
| Recurring financial charges | 65 | €1,887,581 | €2,619,100 | +€731,519 | +38.8% |
| Debt charges | 650 | €1,885,839 | €2,617,127 | +€731,288 | +38.8% |
| Other financial charges | 652/9 | €1,742 | €1,973 | +€232 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €2,713,338 | €1,313,482 | -€1.4m | -51.6% |
| Profit (loss) for the period | 9904 | €2,713,338 | €1,313,482 | -€1.4m | -51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,713,338 | €1,313,482 | -€1.4m | -51.6% |
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 29 October 2026 via checked.be.