Rialto Land Development: 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 Land Development
Largest movements
- Cash -€195,901
down €195,901 (-87.1%), from €224,869 to €28,968
mainly Other debts (-€110,000) and Receivables within one year (-€66,046)
- Receivables within one year +€66,046
new in 2023: €66,046
- Other debts -€110,000
no longer reported in 2023 (was €110,000)
- Tax, wage and social debts -€9,275
down €9,275 (-39.7%), from €23,339 to €14,063
- Accrued charges and deferred income -€8,954
no longer reported in 2023 (was €8,954)
- Gross operating margin -€62,684
down €62,684, from €62,620 to -€64
- Taxes -€14,063
no longer reported in 2023 (was €14,063)
- Financial charges -€8,753
down €8,753 (-97.8%), from €8,954 to €201
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,869 | €97,014 | -€129,855 | -57.2% |
| Current assets | 29/58 | €226,869 | €97,014 | -€129,855 | -57.2% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €66,046 | +€66,046 | |
| Other amounts receivable | 41 | - | €66,046 | +€66,046 | |
| Cash at bank and in hand | 54/58 | €224,869 | €28,968 | -€195,901 | -87.1% |
| Total equity and liabilities | 10/49 | €226,869 | €97,014 | -€129,855 | -57.2% |
| Equity | 10/15 | €80,459 | €79,701 | -€758 | -0.9% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €66,459 | €65,701 | -€758 | -1.1% |
| Distributable reserves | 133 | €66,459 | €65,701 | -€758 | -1.1% |
| Amounts payable | 17/49 | €146,411 | €17,313 | -€129,097 | -88.2% |
| Amounts payable within one year | 42/48 | €137,457 | €17,313 | -€120,143 | -87.4% |
| Trade debts | 44 | €4,118 | €3,250 | -€868 | -21.1% |
| Suppliers | 440/4 | €4,118 | €3,250 | -€868 | -21.1% |
| Taxes, remuneration and social security | 45 | €23,339 | €14,063 | -€9,275 | -39.7% |
| Taxes | 450/3 | €23,339 | €14,063 | -€9,275 | -39.7% |
| Other amounts payable | 47/48 | €110,000 | - | -€110,000 | |
| Accrued charges and deferred income | 492/3 | €8,954 | - | -€8,954 | |
| Other operating charges | 640/8 | €970 | €493 | -€477 | -49.1% |
| Gross operating margin | 9900 | €62,620 | -€64 | -€62,684 | |
| Operating profit (loss) | 9901 | €61,650 | -€557 | -€62,207 | |
| Financial charges | 65/66B | €8,954 | €201 | -€8,753 | -97.8% |
| Recurring financial charges | 65 | €8,954 | €201 | -€8,753 | -97.8% |
| Profit (loss) for the period before taxes | 9903 | €52,696 | -€758 | -€53,454 | |
| Income taxes | 67/77 | €14,063 | - | -€14,063 | |
| Profit (loss) for the period | 9904 | €38,633 | -€758 | -€39,391 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,633 | -€758 | -€39,391 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.