LE RIEU: 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.
LE RIEU
Largest movements
- Cash -€108,663
down €108,663 (-25.0%), from €435,448 to €326,785
mainly Investment in fixed assets (net) (-€122,160) and Receivables within one year (-€31,101)
- Receivables within one year +€31,101
up €31,101 (+33.5%), from €92,960 to €124,061
of which Other amounts receivable: +€42,237
- Tangible fixed assets +€13,500
up €13,500 (+3.2%), from €422,922 to €436,423
of which Plant, machinery and equipment: +€31,842
- Stocks and contracts +€11,057
up €11,057 (+128.8%), from €8,582 to €19,639
- Other debts -€29,982
down €29,982 (-70.1%), from €42,780 to €12,798
- Trade debts -€24,200
down €24,200 (-30.6%), from €79,009 to €54,809
- Turnover +€1.0m
new in 2025: €1.0m
- Purchases and services +€640,238
new in 2025: €640,238
- Gross operating margin -€317,149
down €317,149 (-46.7%), from €678,821 to €361,672
- Taxes -€94,294
down €94,294 (-99.2%), from €95,044 to €750
- Depreciation +€20,974
up €20,974 (+23.3%), from €90,096 to €111,069
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 | €981,133 | €928,549 | -€52,584 | -5.4% |
| Fixed assets | 21/28 | €434,152 | €445,243 | +€11,090 | +2.6% |
| Tangible fixed assets | 22/27 | €422,922 | €436,423 | +€13,500 | +3.2% |
| Plant, machinery and equipment | 23 | €336,647 | €368,490 | +€31,842 | +9.5% |
| Furniture and vehicles | 24 | €86,275 | €67,933 | -€18,342 | -21.3% |
| Financial fixed assets | 28 | €11,230 | €8,820 | -€2,410 | -21.5% |
| Current assets | 29/58 | €546,980 | €483,306 | -€63,674 | -11.6% |
| Stocks and contracts in progress | 3 | €8,582 | €19,639 | +€11,057 | +128.8% |
| Stocks | 30/36 | €8,582 | €19,639 | +€11,057 | +128.8% |
| Amounts receivable within one year | 40/41 | €92,960 | €124,061 | +€31,101 | +33.5% |
| Trade receivables | 40 | €69,050 | €57,915 | -€11,136 | -16.1% |
| Other amounts receivable | 41 | €23,909 | €66,147 | +€42,237 | +176.7% |
| Cash at bank and in hand | 54/58 | €435,448 | €326,785 | -€108,663 | -25.0% |
| Deferred charges and accrued income | 490/1 | €9,990 | €12,821 | +€2,831 | +28.3% |
| Total equity and liabilities | 10/49 | €981,133 | €928,549 | -€52,584 | -5.4% |
| Equity | 10/15 | €512,181 | €508,043 | -€4,138 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €492,707 | €488,404 | -€4,303 | -0.9% |
| Tax-exempt reserves | 132 | €17,318 | €15,315 | -€2,003 | -11.6% |
| Distributable reserves | 133 | €475,389 | €473,089 | -€2,300 | -0.5% |
| Profit (loss) carried forward | 14 | €875 | €1,039 | +€164 | +18.8% |
| Provisions and deferred taxes | 16 | €4,673 | €4,005 | -€668 | -14.3% |
| Deferred taxes | 168 | €4,673 | €4,005 | -€668 | -14.3% |
| Amounts payable | 17/49 | €464,279 | €416,501 | -€47,778 | -10.3% |
| Amounts payable after more than one year | 17 | €225,531 | €224,361 | -€1,171 | -0.5% |
| Financial debts | 170/4 | €225,531 | €224,361 | -€1,171 | -0.5% |
| Amounts payable within one year | 42/48 | €236,518 | €189,840 | -€46,678 | -19.7% |
| Current portion of amounts payable after more than one year | 42 | €65,793 | €73,439 | +€7,647 | +11.6% |
| Trade debts | 44 | €79,009 | €54,809 | -€24,200 | -30.6% |
| Suppliers | 440/4 | €79,009 | €54,809 | -€24,200 | -30.6% |
| Taxes, remuneration and social security | 45 | €48,936 | €48,793 | -€143 | -0.3% |
| Taxes | 450/3 | €33,077 | €33,158 | +€82 | +0.2% |
| Remuneration and social security | 454/9 | €15,860 | €15,635 | -€224 | -1.4% |
| Other amounts payable | 47/48 | €42,780 | €12,798 | -€29,982 | -70.1% |
| Accrued charges and deferred income | 492/3 | €2,229 | €2,300 | +€71 | +3.2% |
| Turnover | 70 | - | €1,001,910 | +€1.0m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €640,238 | +€640,238 | |
| Remuneration, social security and pensions | 62 | €244,812 | €233,031 | -€11,781 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,096 | €111,069 | +€20,974 | +23.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,191 | - | -€1,191 | |
| Other operating charges | 640/8 | €3,809 | €1,319 | -€2,489 | -65.4% |
| Gross operating margin | 9900 | €678,821 | €361,672 | -€317,149 | -46.7% |
| Operating profit (loss) | 9901 | €338,913 | €16,252 | -€322,661 | -95.2% |
| Financial income | 75/76B | €13 | €24 | +€11 | +89.3% |
| Recurring financial income | 75 | €13 | €24 | +€11 | +89.3% |
| Financial charges | 65/66B | €12,503 | €10,532 | -€1,971 | -15.8% |
| Recurring financial charges | 65 | €12,503 | €10,532 | -€1,971 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €326,423 | €5,744 | -€320,679 | -98.2% |
| Transfer from deferred taxes | 780 | €668 | €668 | = | 0.0% |
| Income taxes | 67/77 | €95,044 | €750 | -€94,294 | -99.2% |
| Profit (loss) for the period | 9904 | €232,046 | €5,662 | -€226,384 | -97.6% |
| Transfer from tax-exempt reserves | 789 | €2,003 | €2,003 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €234,049 | €7,664 | -€226,384 | -96.7% |
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 8 October 2026 via checked.be.