LARIVA: 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.
LARIVA
Largest movements
- Cash -€27,454
down €27,454 (-56.0%), from €49,051 to €21,597
mainly Debts after one year (-€16,640) and Tax, wage and social debts (-€12,102)
- Tangible fixed assets -€27,312
down €27,312 (-24.1%), from €113,330 to €86,018
of which Furniture and vehicles: -€17,726
- Receivables within one year -€8,623
down €8,623 (-16.3%), from €52,934 to €44,311
of which Trade receivables: -€6,054
- Deferred charges and accrued income +€3,173
up €3,173 (+30.0%), from €10,588 to €13,761
- Debts after one year -€16,640
down €16,640 (-40.9%), from €40,717 to €24,076
- Tax, wage and social debts -€12,102
down €12,102 (-42.7%), from €28,343 to €16,241
of which Remuneration and social security: -€6,852
- Other debts -€11,500
down €11,500 (-100.0%), from €11,500 to €0
- Current portion of long-term debt -€11,462
down €11,462 (-36.5%), from €31,387 to €19,925
- Profit (loss) carried forward -€5,729
down €5,729, from €419 to -€5,310
- Gross operating margin -€53,038
down €53,038 (-22.5%), from €235,210 to €182,172
- Taxes -€7,860
down €7,860 (-89.6%), from €8,772 to €913
- Other operating charges -€4,817
down €4,817 (-60.4%), from €7,977 to €3,160
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 | €225,903 | €165,687 | -€60,215 | -26.7% |
| Fixed assets | 21/28 | €113,330 | €86,018 | -€27,312 | -24.1% |
| Tangible fixed assets | 22/27 | €113,330 | €86,018 | -€27,312 | -24.1% |
| Furniture and vehicles | 24 | €69,953 | €52,227 | -€17,726 | -25.3% |
| Leasing and similar rights | 25 | €23,718 | €16,528 | -€7,190 | -30.3% |
| Other tangible fixed assets | 26 | €19,658 | €17,262 | -€2,396 | -12.2% |
| Current assets | 29/58 | €112,573 | €79,669 | -€32,903 | -29.2% |
| Amounts receivable within one year | 40/41 | €52,934 | €44,311 | -€8,623 | -16.3% |
| Trade receivables | 40 | €35,165 | €29,111 | -€6,054 | -17.2% |
| Other amounts receivable | 41 | €17,769 | €15,200 | -€2,568 | -14.5% |
| Cash at bank and in hand | 54/58 | €49,051 | €21,597 | -€27,454 | -56.0% |
| Deferred charges and accrued income | 490/1 | €10,588 | €13,761 | +€3,173 | +30.0% |
| Total equity and liabilities | 10/49 | €225,903 | €165,687 | -€60,215 | -26.7% |
| Equity | 10/15 | €106,419 | €100,690 | -€5,729 | -5.4% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €75,000 | €75,000 | = | 0.0% |
| Distributable reserves | 133 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €419 | -€5,310 | -€5,729 | |
| Amounts payable | 17/49 | €119,484 | €64,997 | -€54,487 | -45.6% |
| Amounts payable after more than one year | 17 | €40,717 | €24,076 | -€16,640 | -40.9% |
| Financial debts | 170/4 | €40,717 | €24,076 | -€16,640 | -40.9% |
| Amounts payable within one year | 42/48 | €78,767 | €40,921 | -€37,846 | -48.0% |
| Current portion of amounts payable after more than one year | 42 | €31,387 | €19,925 | -€11,462 | -36.5% |
| Financial debts | 43 | €2,047 | €1,947 | -€100 | -4.9% |
| Credit institutions | 430/8 | €2,047 | €1,947 | -€100 | -4.9% |
| Trade debts | 44 | €5,490 | €2,808 | -€2,682 | -48.8% |
| Suppliers | 440/4 | €5,490 | €2,808 | -€2,682 | -48.8% |
| Taxes, remuneration and social security | 45 | €28,343 | €16,241 | -€12,102 | -42.7% |
| Taxes | 450/3 | €8,848 | €3,597 | -€5,251 | -59.3% |
| Remuneration and social security | 454/9 | €19,495 | €12,643 | -€6,852 | -35.1% |
| Other amounts payable | 47/48 | €11,500 | €0 | -€11,500 | -100.0% |
| Non-recurring operating income | 76A | €15,702 | €182 | -€15,521 | -98.8% |
| Remuneration, social security and pensions | 62 | €142,049 | €142,660 | +€611 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,464 | €37,416 | -€48 | -0.1% |
| Other operating charges | 640/8 | €7,977 | €3,160 | -€4,817 | -60.4% |
| Non-recurring operating charges | 66A | €8,912 | €0 | -€8,912 | -100.0% |
| Gross operating margin | 9900 | €235,210 | €182,172 | -€53,038 | -22.5% |
| Operating profit (loss) | 9901 | €38,807 | -€1,064 | -€39,872 | |
| Financial income | 75/76B | €845 | €255 | -€590 | -69.8% |
| Recurring financial income | 75 | €845 | €255 | -€590 | -69.8% |
| Financial charges | 65/66B | €5,965 | €4,007 | -€1,958 | -32.8% |
| Recurring financial charges | 65 | €5,965 | €4,007 | -€1,958 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €33,687 | -€4,816 | -€38,503 | |
| Income taxes | 67/77 | €8,772 | €913 | -€7,860 | -89.6% |
| Profit (loss) for the period | 9904 | €24,915 | -€5,729 | -€30,643 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,915 | -€5,729 | -€30,643 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.