RIAD ES-SALAM: 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.
RIAD ES-SALAM
Largest movements
- Stocks and contracts -€2,915
down €2,915 (-96.5%), from €3,020 to €105
- Tangible fixed assets -€985
down €985 (-50.0%), from €1,970 to €985
- Cash -€118
down €118 (-4.0%), from €2,970 to €2,853
mainly Other debts (-€14,302) and Tax, wage and social debts (-€1,289)
- Other debts -€14,302
down €14,302 (-37.8%), from €37,806 to €23,504
- Profit (loss) carried forward +€11,586
up €11,586 (+35.3%), from -€32,862 to -€21,276
- Tax, wage and social debts -€1,289
down €1,289 (-50.1%), from €2,572 to €1,283
- Turnover -€134,834
no longer reported in 2025 (was €134,834)
- Purchases and services -€106,072
no longer reported in 2025 (was €106,072)
- Gross operating margin -€16,028
down €16,028 (-55.7%), from €28,762 to €12,734
- Staff costs -€5,916
no longer reported in 2025 (was €5,916)
- Other operating charges -€1,602
down €1,602 (-93.0%), from €1,722 to €120
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 | €8,016 | €4,011 | -€4,006 | -50.0% |
| Fixed assets | 21/28 | €1,970 | €985 | -€985 | -50.0% |
| Tangible fixed assets | 22/27 | €1,970 | €985 | -€985 | -50.0% |
| Plant, machinery and equipment | 23 | €1,970 | €985 | -€985 | -50.0% |
| Current assets | 29/58 | €6,046 | €3,026 | -€3,021 | -50.0% |
| Stocks and contracts in progress | 3 | €3,020 | €105 | -€2,915 | -96.5% |
| Stocks | 30/36 | €3,020 | €105 | -€2,915 | -96.5% |
| Amounts receivable within one year | 40/41 | €56 | €68 | +€12 | +20.7% |
| Other amounts receivable | 41 | €56 | €68 | +€12 | +20.7% |
| Cash at bank and in hand | 54/58 | €2,970 | €2,853 | -€118 | -4.0% |
| Total equity and liabilities | 10/49 | €8,016 | €4,011 | -€4,006 | -50.0% |
| Equity | 10/15 | -€32,362 | -€20,776 | +€11,586 | +35.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,862 | -€21,276 | +€11,586 | +35.3% |
| Amounts payable | 17/49 | €40,378 | €24,787 | -€15,591 | -38.6% |
| Amounts payable within one year | 42/48 | €40,378 | €24,787 | -€15,591 | -38.6% |
| Taxes, remuneration and social security | 45 | €2,572 | €1,283 | -€1,289 | -50.1% |
| Taxes | 450/3 | €2,572 | €1,283 | -€1,289 | -50.1% |
| Other amounts payable | 47/48 | €37,806 | €23,504 | -€14,302 | -37.8% |
| Turnover | 70 | €134,834 | - | -€134,834 | |
| Goods, raw materials, services and sundry goods | 60/61 | €106,072 | - | -€106,072 | |
| Remuneration, social security and pensions | 62 | €5,916 | - | -€5,916 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €985 | €985 | = | 0.0% |
| Other operating charges | 640/8 | €1,722 | €120 | -€1,602 | -93.0% |
| Gross operating margin | 9900 | €28,762 | €12,734 | -€16,028 | -55.7% |
| Operating profit (loss) | 9901 | €20,140 | €11,629 | -€8,510 | -42.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €59 | €44 | -€15 | -25.1% |
| Recurring financial charges | 65 | €59 | €44 | -€15 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €20,081 | €11,586 | -€8,495 | -42.3% |
| Profit (loss) for the period | 9904 | €20,081 | €11,586 | -€8,495 | -42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,081 | €11,586 | -€8,495 | -42.3% |
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 1 November 2026 via checked.be.