Rialto: 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.
Rialto
Largest movements
- Receivables within one year +€5,311
up €5,311 (+92.4%), from €5,749 to €11,061
of which Other amounts receivable: +€4,091
- Cash -€1,072
down €1,072 (-26.6%), from €4,026 to €2,954
mainly Receivables within one year (-€5,311) and Stocks and contracts (-€126)
- Tangible fixed assets -€680
down €680 (-25.0%), from €2,720 to €2,040
- Profit (loss) carried forward +€2,277
up €2,277 (+18.7%), from -€12,162 to -€9,884
- Tax, wage and social debts +€1,017
up €1,017 (+35.8%), from €2,838 to €3,855
- Trade debts +€469
up €469 (+11.9%), from €3,935 to €4,403
- Gross operating margin +€222
up €222 (+8.1%), from €2,735 to €2,957
- Other operating charges -€118
no longer reported in 2025 (was €118)
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 | €13,332 | €17,096 | +€3,763 | +28.2% |
| Fixed assets | 21/28 | €2,720 | €2,040 | -€680 | -25.0% |
| Tangible fixed assets | 22/27 | €2,720 | €2,040 | -€680 | -25.0% |
| Furniture and vehicles | 24 | €2,720 | €2,040 | -€680 | -25.0% |
| Current assets | 29/58 | €10,612 | €15,056 | +€4,443 | +41.9% |
| Stocks and contracts in progress | 3 | €554 | €679 | +€126 | +22.7% |
| Stocks | 30/36 | €554 | €679 | +€126 | +22.7% |
| Amounts receivable within one year | 40/41 | €5,749 | €11,061 | +€5,311 | +92.4% |
| Trade receivables | 40 | €1,304 | €2,524 | +€1,220 | +93.6% |
| Other amounts receivable | 41 | €4,446 | €8,537 | +€4,091 | +92.0% |
| Cash at bank and in hand | 54/58 | €4,026 | €2,954 | -€1,072 | -26.6% |
| Deferred charges and accrued income | 490/1 | €283 | €362 | +€78 | +27.5% |
| Total equity and liabilities | 10/49 | €13,332 | €17,096 | +€3,763 | +28.2% |
| Equity | 10/15 | €6,560 | €8,837 | +€2,277 | +34.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €130 | €130 | = | 0.0% |
| Non-distributable reserves | 130/1 | €130 | €130 | = | 0.0% |
| Reserves not available under the articles | 1311 | €130 | €130 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,162 | -€9,884 | +€2,277 | +18.7% |
| Amounts payable | 17/49 | €6,772 | €8,258 | +€1,486 | +21.9% |
| Amounts payable within one year | 42/48 | €6,772 | €8,258 | +€1,486 | +21.9% |
| Trade debts | 44 | €3,935 | €4,403 | +€469 | +11.9% |
| Suppliers | 440/4 | €3,935 | €4,403 | +€469 | +11.9% |
| Taxes, remuneration and social security | 45 | €2,838 | €3,855 | +€1,017 | +35.8% |
| Taxes | 450/3 | €2,838 | €3,855 | +€1,017 | +35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €680 | €680 | = | 0.0% |
| Other operating charges | 640/8 | €118 | - | -€118 | |
| Gross operating margin | 9900 | €2,735 | €2,957 | +€222 | +8.1% |
| Operating profit (loss) | 9901 | €1,937 | €2,277 | +€340 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €1,937 | €2,277 | +€340 | +17.6% |
| Profit (loss) for the period | 9904 | €1,937 | €2,277 | +€340 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,937 | €2,277 | +€340 | +17.6% |
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 16 October 2026 via checked.be.