RIAL: 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.
RIAL
Largest movements
- Cash +€198
up €198 (+273.0%), from €73 to €271
mainly Other debts (+€23,862) and Trade debts (+€400)
- Short-term financial debts -€24,357
no longer reported in 2025 (was €24,357)
- Other debts +€23,862
up €23,862 (+29.6%), from €80,654 to €104,517
- Trade debts +€400
new in 2025: €400
- Profit (loss) carried forward +€294
up €294 (+0.2%), from -€125,390 to -€125,097
- Gross operating margin +€2,250
up €2,250 (+194.4%), from €1,157 to €3,407
- Financial charges +€1,281
up €1,281 (+110.6%), from €1,159 to €2,439
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 | €73 | €271 | +€198 | +273.0% |
| Current assets | 29/58 | €73 | €271 | +€198 | +273.0% |
| Cash at bank and in hand | 54/58 | €73 | €271 | +€198 | +273.0% |
| Total equity and liabilities | 10/49 | €73 | €271 | +€198 | +273.0% |
| Equity | 10/15 | -€104,939 | -€104,646 | +€294 | +0.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,390 | -€125,097 | +€294 | +0.2% |
| Amounts payable | 17/49 | €105,012 | €104,916 | -€96 | -0.1% |
| Amounts payable within one year | 42/48 | €105,012 | €104,916 | -€96 | -0.1% |
| Financial debts | 43 | €24,357 | - | -€24,357 | |
| Credit institutions | 430/8 | €24,357 | - | -€24,357 | |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Other amounts payable | 47/48 | €80,654 | €104,517 | +€23,862 | +29.6% |
| Other operating charges | 640/8 | €658 | €674 | +€16 | +2.5% |
| Gross operating margin | 9900 | €1,157 | €3,407 | +€2,250 | +194.4% |
| Operating profit (loss) | 9901 | €499 | €2,733 | +€2,234 | +447.3% |
| Financial charges | 65/66B | €1,159 | €2,439 | +€1,281 | +110.6% |
| Recurring financial charges | 65 | €1,159 | €2,439 | +€1,281 | +110.6% |
| Profit (loss) for the period before taxes | 9903 | -€659 | €294 | +€953 | |
| Profit (loss) for the period | 9904 | -€659 | €294 | +€953 | |
| Profit (loss) for the period to be appropriated | 9905 | -€659 | €294 | +€953 |
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.