La Rive: 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.
La Rive
Largest movements
- Tangible fixed assets +€167,442
up €167,442 (+63.4%), from €263,991 to €431,433
- Receivables within one year +€79,810
up €79,810 (+7,527%), from €1,060 to €80,870
of which Trade receivables: +€80,000
- Cash -€29,770
down €29,770 (-99.8%), from €29,817 to €48
mainly Investment in fixed assets (net) (-€167,442) and Receivables within one year (-€79,810)
- Accrued charges and deferred income +€151,104
up €151,104 (+282%), from €53,617 to €204,721
- Trade debts +€78,510
up €78,510 (+4,878%), from €1,610 to €80,120
- Debts after one year +€51,234
new in 2025: €51,234
- Tax, wage and social debts -€46,320
no longer reported in 2025 (was €46,320)
- Other debts -€15,934
down €15,934 (-60.5%), from €26,334 to €10,400
- Gross operating margin +€13,474
up €13,474, from -€13,464 to €10
- Taxes +€601
up €601 (+2,977%), from €20 to €621
- Financial charges -€320
down €320 (-76.0%), from €421 to €101
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 | €297,868 | €515,351 | +€217,482 | +73.0% |
| Fixed assets | 21/28 | €266,991 | €434,433 | +€167,442 | +62.7% |
| Tangible fixed assets | 22/27 | €263,991 | €431,433 | +€167,442 | +63.4% |
| Assets under construction and advance payments | 27 | €263,991 | €431,433 | +€167,442 | +63.4% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €30,878 | €80,918 | +€50,040 | +162% |
| Amounts receivable within one year | 40/41 | €1,060 | €80,870 | +€79,810 | +7,527% |
| Trade receivables | 40 | - | €80,000 | +€80,000 | |
| Other amounts receivable | 41 | €1,060 | €870 | -€190 | -17.9% |
| Cash at bank and in hand | 54/58 | €29,817 | €48 | -€29,770 | -99.8% |
| Total equity and liabilities | 10/49 | €297,868 | €515,351 | +€217,482 | +73.0% |
| Equity | 10/15 | €169,988 | €168,875 | -€1,112 | -0.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €139,988 | €138,875 | -€1,112 | -0.8% |
| Distributable reserves | 133 | €139,988 | €138,875 | -€1,112 | -0.8% |
| Amounts payable | 17/49 | €127,881 | €346,475 | +€218,594 | +171% |
| Amounts payable after more than one year | 17 | - | €51,234 | +€51,234 | |
| Financial debts | 170/4 | - | €51,234 | +€51,234 | |
| Amounts payable within one year | 42/48 | €74,264 | €90,520 | +€16,256 | +21.9% |
| Trade debts | 44 | €1,610 | €80,120 | +€78,510 | +4,878% |
| Suppliers | 440/4 | €1,610 | €80,120 | +€78,510 | +4,878% |
| Taxes, remuneration and social security | 45 | €46,320 | - | -€46,320 | |
| Taxes | 450/3 | €46,320 | - | -€46,320 | |
| Other amounts payable | 47/48 | €26,334 | €10,400 | -€15,934 | -60.5% |
| Accrued charges and deferred income | 492/3 | €53,617 | €204,721 | +€151,104 | +282% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€13,464 | €10 | +€13,474 | |
| Operating profit (loss) | 9901 | -€13,852 | -€390 | +€13,462 | +97.2% |
| Financial charges | 65/66B | €421 | €101 | -€320 | -76.0% |
| Recurring financial charges | 65 | €421 | €101 | -€320 | -76.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,273 | -€491 | +€13,782 | +96.6% |
| Income taxes | 67/77 | €20 | €621 | +€601 | +2,977% |
| Profit (loss) for the period | 9904 | -€14,293 | -€1,112 | +€13,181 | +92.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,293 | -€1,112 | +€13,181 | +92.2% |
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 23 October 2026 via checked.be.