RIAL IMMO: 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 IMMO
Largest movements
- Stocks and contracts -€419,174
down €419,174 (-30.5%), from €1.4m to €957,039
- Cash +€58,679
up €58,679 (+379.0%), from €15,484 to €74,163
mainly Stocks and contracts (+€419,174) and Other debts (+€383,000)
- Receivables within one year +€19,743
up €19,743 (+287.3%), from €6,872 to €26,614
of which Trade receivables: +€26,567
- Short-term financial debts -€748,788
down €748,788 (-83.4%), from €897,788 to €149,000
- Other debts +€383,000
up €383,000 (+70.9%), from €540,512 to €923,512
- Tax, wage and social debts +€69,012
up €69,012 (+84294.4%), from €82 to €69,094
- Profit (loss) carried forward -€64,446
down €64,446 (-150.8%), from -€42,729 to -€107,175
- Trade debts +€19,974
up €19,974 (+3766.1%), from €530 to €20,504
- Gross operating margin -€70,955
down €70,955, from €47,044 to -€23,911
- Financial charges -€4,832
down €4,832 (-10.8%), from €44,752 to €39,919
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 | €1,399,182 | €1,057,934 | -€341,248 | -24.4% |
| Fixed assets | 21/28 | €614 | €118 | -€496 | -80.8% |
| Tangible fixed assets | 22/27 | €614 | €118 | -€496 | -80.8% |
| Furniture and vehicles | 24 | €614 | €118 | -€496 | -80.8% |
| Current assets | 29/58 | €1,398,568 | €1,057,816 | -€340,752 | -24.4% |
| Stocks and contracts in progress | 3 | €1,376,213 | €957,039 | -€419,174 | -30.5% |
| Stocks | 30/36 | €1,376,213 | €957,039 | -€419,174 | -30.5% |
| Amounts receivable within one year | 40/41 | €6,872 | €26,614 | +€19,743 | +287.3% |
| Trade receivables | 40 | - | €26,567 | +€26,567 | |
| Other amounts receivable | 41 | €6,872 | €47 | -€6,824 | -99.3% |
| Cash at bank and in hand | 54/58 | €15,484 | €74,163 | +€58,679 | +379.0% |
| Total equity and liabilities | 10/49 | €1,399,182 | €1,057,934 | -€341,248 | -24.4% |
| Equity | 10/15 | -€39,729 | -€104,175 | -€64,446 | -162.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,729 | -€107,175 | -€64,446 | -150.8% |
| Amounts payable | 17/49 | €1,438,912 | €1,162,109 | -€276,802 | -19.2% |
| Amounts payable within one year | 42/48 | €1,438,912 | €1,162,109 | -€276,802 | -19.2% |
| Financial debts | 43 | €897,788 | €149,000 | -€748,788 | -83.4% |
| Credit institutions | 430/8 | €897,788 | €149,000 | -€748,788 | -83.4% |
| Trade debts | 44 | €530 | €20,504 | +€19,974 | +3766.1% |
| Suppliers | 440/4 | €530 | €20,504 | +€19,974 | +3766.1% |
| Taxes, remuneration and social security | 45 | €82 | €69,094 | +€69,012 | +84294.4% |
| Taxes | 450/3 | €82 | €69,094 | +€69,012 | +84294.4% |
| Other amounts payable | 47/48 | €540,512 | €923,512 | +€383,000 | +70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €496 | €496 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €47,044 | -€23,911 | -€70,955 | |
| Operating profit (loss) | 9901 | €46,430 | -€24,526 | -€70,957 | |
| Financial charges | 65/66B | €44,752 | €39,919 | -€4,832 | -10.8% |
| Recurring financial charges | 65 | €44,752 | €39,919 | -€4,832 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €1,679 | -€64,446 | -€66,124 | |
| Profit (loss) for the period | 9904 | €1,679 | -€64,446 | -€66,124 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,679 | -€64,446 | -€66,124 |
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.