Rialto Holding: what changed
What changed
Rialto Holding
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€960
2024 · €517+€444
Equity
€108,276
2024 · €107,316+€960
Cash
€405
2024 · €824-€420
Balance sheet total
€1.7m
2024 · €1.7m+€69,169
Largest movements
Assets
- Stocks and contracts +€67,000
up €67,000 (+13.7%), from €489,396 to €556,396
of which Contracts in progress: +€67,000
- Deferred charges and accrued income +€17,908
new in 2025: €17,908
Equity and liabilities
- Accrued charges and deferred income +€42,908
up €42,908 (+11.6%), from €370,417 to €413,325
- Debts after one year +€25,685
up €25,685 (+2.2%), from €1.2m to €1.2m
Income statement
- Financial charges -€59,967
down €59,967 (-70.4%), from €85,147 to €25,180
- Gross operating margin -€46,238
down €46,238 (-54.0%), from €85,664 to €39,426
- Other operating charges +€13,285
new in 2025: €13,285
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€517
Gross operating margin
-€46,238
Other operating charges
-€13,285
Financial charges
+€59,967
Result 2025
€960
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€28,904
Investment
+€2,800
Financing
+€25,685
Cash 2024
€824
From operations (derived)
-€28,904
Net result for the year
+€960
Stocks and contracts
-€67,000
Receivables within one year
+€12,519
Deferred charges and accrued income
-€17,908
Trade debts
-€150
Tax, wage and social debts
-€233
Accrued charges and deferred income
+€42,908
Investment (derived)
+€2,800
Investment in fixed assets (net)
+€2,800
Financing
+€25,685
Debts after one year
+€25,685
Cash 2025
€405
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,669,420 | €1,738,589 | +€69,169 | +4.1% |
| Fixed assets | 21/28 | €34,014 | €31,214 | -€2,800 | -8.2% |
| Financial fixed assets | 28 | €34,014 | €31,214 | -€2,800 | -8.2% |
| Current assets | 29/58 | €1,635,406 | €1,707,375 | +€71,969 | +4.4% |
| Stocks and contracts in progress | 3 | €489,396 | €556,396 | +€67,000 | +13.7% |
| Stocks | 30/36 | €176,396 | €176,396 | = | 0.0% |
| Contracts in progress | 37 | €313,000 | €380,000 | +€67,000 | +21.4% |
| Amounts receivable within one year | 40/41 | €1,145,185 | €1,132,666 | -€12,519 | -1.1% |
| Trade receivables | 40 | €144,635 | €144,635 | = | 0.0% |
| Other amounts receivable | 41 | €1,000,551 | €988,032 | -€12,519 | -1.3% |
| Cash at bank and in hand | 54/58 | €824 | €405 | -€420 | -50.9% |
| Deferred charges and accrued income | 490/1 | - | €17,908 | +€17,908 | |
| Total equity and liabilities | 10/49 | €1,669,420 | €1,738,589 | +€69,169 | +4.1% |
| Equity | 10/15 | €107,316 | €108,276 | +€960 | +0.9% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Reserves | 13 | €2,316 | €3,276 | +€960 | +41.5% |
| Distributable reserves | 133 | €2,316 | €3,276 | +€960 | +41.5% |
| Amounts payable | 17/49 | €1,562,104 | €1,630,313 | +€68,209 | +4.4% |
| Amounts payable after more than one year | 17 | €1,176,002 | €1,201,687 | +€25,685 | +2.2% |
| Financial debts | 170/4 | €1,176,002 | €1,201,687 | +€25,685 | +2.2% |
| Amounts payable within one year | 42/48 | €15,685 | €15,301 | -€384 | -2.4% |
| Trade debts | 44 | €15,451 | €15,301 | -€150 | -1.0% |
| Suppliers | 440/4 | €15,451 | €15,301 | -€150 | -1.0% |
| Taxes, remuneration and social security | 45 | €233 | €0 | -€233 | -100% |
| Taxes | 450/3 | €233 | €0 | -€233 | -100% |
| Accrued charges and deferred income | 492/3 | €370,417 | €413,325 | +€42,908 | +11.6% |
| Non-recurring operating income | 76A | €15,284 | - | -€15,284 | |
| Other operating charges | 640/8 | - | €13,285 | +€13,285 | |
| Gross operating margin | 9900 | €85,664 | €39,426 | -€46,238 | -54.0% |
| Operating profit (loss) | 9901 | €85,664 | €26,140 | -€59,524 | -69.5% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €85,147 | €25,180 | -€59,967 | -70.4% |
| Recurring financial charges | 65 | €85,147 | €25,180 | -€59,967 | -70.4% |
| Profit (loss) for the period before taxes | 9903 | €517 | €960 | +€444 | +85.8% |
| Profit (loss) for the period | 9904 | €517 | €960 | +€444 | +85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €517 | €960 | +€444 | +85.8% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.