Gino RIGGI & fils: what changed
What changed
Gino RIGGI & fils
NACE 43.310, Plastering work
filed annual accounts (NBB)
Net result for the year
€25,823
2024 · €19,406+€6,416
Equity
€96,978
2024 · €71,156+€25,823
Cash
€180,319
2024 · €121,328+€58,991
Balance sheet total
€239,788
2024 · €204,941+€34,847
Largest movements
Assets
- Cash +€58,991
up €58,991 (+48.6%), from €121,328 to €180,319
mainly Depreciation (+€27,997) and Net result for the year (+€25,823)
- Tangible fixed assets -€24,420
down €24,420 (-37.4%), from €65,208 to €40,788
of which Leasing and similar rights: -€22,898
- Deferred charges and accrued income +€4,958
up €4,958 (+101%), from €4,902 to €9,860
- Receivables within one year -€4,920
down €4,920 (-58.6%), from €8,395 to €3,475
of which Trade receivables: -€4,970
Equity and liabilities
- Profit (loss) carried forward +€25,823
up €25,823 (+60.3%), from €42,816 to €68,639
- Debts after one year -€19,258
down €19,258 (-39.6%), from €48,664 to €29,407
- Trade debts +€17,099
up €17,099 (+318%), from €5,375 to €22,474
- Tax, wage and social debts +€10,801
up €10,801 (+73.3%), from €14,736 to €25,537
of which Taxes: +€5,611
Income statement
- Gross operating margin +€20,392
up €20,392 (+15.3%), from €133,262 to €153,655
- Staff costs +€8,147
up €8,147 (+10.5%), from €77,350 to €85,497
- Taxes +€6,457
up €6,457 (+199%), from €3,241 to €9,698
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€19,406
Gross operating margin
+€20,392
Staff costs
-€8,147
Depreciation
-€495
Other operating charges
+€25
Financial income
+€309
Financial charges
+€788
Taxes
-€6,457
Result 2025
€25,823
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€81,444
Investment
-€3,578
Financing
-€18,875
Cash 2024
€121,328
From operations (derived)
+€81,444
Net result for the year
+€25,823
Depreciation
+€27,997
Stocks and contracts
-€237
Receivables within one year
+€4,920
Deferred charges and accrued income
-€4,958
Trade debts
+€17,099
Tax, wage and social debts
+€10,801
Investment (derived)
-€3,578
Investment in fixed assets (net)
-€3,578
Financing
-€18,875
Debts after one year
-€19,258
Current portion of long-term debt
+€382
Cash 2025
€180,319
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €204,941 | €239,788 | +€34,847 | +17.0% |
| Fixed assets | 21/28 | €65,208 | €40,788 | -€24,420 | -37.4% |
| Tangible fixed assets | 22/27 | €65,208 | €40,788 | -€24,420 | -37.4% |
| Plant, machinery and equipment | 23 | €2,397 | €1,151 | -€1,246 | -52.0% |
| Furniture and vehicles | 24 | €3,333 | €3,057 | -€275 | -8.3% |
| Leasing and similar rights | 25 | €59,478 | €36,580 | -€22,898 | -38.5% |
| Current assets | 29/58 | €139,733 | €198,999 | +€59,266 | +42.4% |
| Stocks and contracts in progress | 3 | €5,109 | €5,346 | +€237 | +4.6% |
| Stocks | 30/36 | €5,109 | €5,346 | +€237 | +4.6% |
| Amounts receivable within one year | 40/41 | €8,395 | €3,475 | -€4,920 | -58.6% |
| Trade receivables | 40 | €8,395 | €3,425 | -€4,970 | -59.2% |
| Other amounts receivable | 41 | €0 | €50 | +€50 | |
| Cash at bank and in hand | 54/58 | €121,328 | €180,319 | +€58,991 | +48.6% |
| Deferred charges and accrued income | 490/1 | €4,902 | €9,860 | +€4,958 | +101% |
| Total equity and liabilities | 10/49 | €204,941 | €239,788 | +€34,847 | +17.0% |
| Equity | 10/15 | €71,156 | €96,978 | +€25,823 | +36.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,739 | €9,739 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,880 | €7,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,816 | €68,639 | +€25,823 | +60.3% |
| Amounts payable | 17/49 | €133,785 | €142,809 | +€9,024 | +6.7% |
| Amounts payable after more than one year | 17 | €48,664 | €29,407 | -€19,258 | -39.6% |
| Financial debts | 170/4 | €48,664 | €29,407 | -€19,258 | -39.6% |
| Amounts payable within one year | 42/48 | €85,121 | €113,403 | +€28,282 | +33.2% |
| Current portion of amounts payable after more than one year | 42 | €18,875 | €19,258 | +€382 | +2.0% |
| Trade debts | 44 | €5,375 | €22,474 | +€17,099 | +318% |
| Suppliers | 440/4 | €5,375 | €22,474 | +€17,099 | +318% |
| Taxes, remuneration and social security | 45 | €14,736 | €25,537 | +€10,801 | +73.3% |
| Taxes | 450/3 | €11,617 | €17,228 | +€5,611 | +48.3% |
| Remuneration and social security | 454/9 | €3,119 | €8,309 | +€5,190 | +166% |
| Other amounts payable | 47/48 | €46,135 | €46,135 | = | 0.0% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €77,350 | €85,497 | +€8,147 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,503 | €27,997 | +€495 | +1.8% |
| Other operating charges | 640/8 | €1,726 | €1,701 | -€25 | -1.5% |
| Gross operating margin | 9900 | €133,262 | €153,655 | +€20,392 | +15.3% |
| Operating profit (loss) | 9901 | €26,684 | €38,460 | +€11,776 | +44.1% |
| Financial income | 75/76B | €212 | €521 | +€309 | +146% |
| Recurring financial income | 75 | €212 | €521 | +€309 | +146% |
| Financial charges | 65/66B | €4,248 | €3,460 | -€788 | -18.6% |
| Recurring financial charges | 65 | €4,248 | €3,460 | -€788 | -18.5% |
| Non-recurring financial charges | 66B | €0 | €0 | -€0 | -75.0% |
| Profit (loss) for the period before taxes | 9903 | €22,647 | €35,521 | +€12,874 | +56.8% |
| Income taxes | 67/77 | €3,241 | €9,698 | +€6,457 | +199% |
| Profit (loss) for the period | 9904 | €19,406 | €25,823 | +€6,416 | +33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,406 | €25,823 | +€6,416 | +33.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.