Rian Shoe: 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.
Rian Shoe
Largest movements
- Receivables within one year +€22,263
up €22,263 (+4.6%), from €488,366 to €510,629
of which Other amounts receivable: +€26,013
- Trade debts +€70,516
up €70,516 (+62.1%), from €113,616 to €184,132
- Other debts -€35,978
down €35,978 (-100.0%), from €35,978 to €0
- Tax, wage and social debts +€24,635
up €24,635 (+19.3%), from €127,853 to €152,488
- Profit (loss) carried forward -€21,578
down €21,578 (-16.3%), from -€132,732 to -€154,310
- Debts after one year -€11,031
down €11,031 (-29.9%), from €36,874 to €25,843
- Gross operating margin +€9,707
up €9,707, from -€6,042 to €3,666
- Financial income +€4,071
up €4,071 (+45.1%), from €9,022 to €13,094
- Other operating charges +€3,390
up €3,390 (+63.0%), from €5,383 to €8,773
- Financial charges -€2,180
down €2,180 (-7.2%), from €30,134 to €27,954
- Depreciation -€2,039
down €2,039 (-55.9%), from €3,649 to €1,610
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 | €537,856 | €555,765 | +€17,909 | +3.3% |
| Fixed assets | 21/28 | €46,529 | €44,919 | -€1,610 | -3.5% |
| Tangible fixed assets | 22/27 | €46,529 | €44,919 | -€1,610 | -3.5% |
| Land and buildings | 22 | €46,529 | €44,919 | -€1,610 | -3.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €491,327 | €510,846 | +€19,519 | +4.0% |
| Amounts receivable within one year | 40/41 | €488,366 | €510,629 | +€22,263 | +4.6% |
| Trade receivables | 40 | €320,643 | €316,893 | -€3,750 | -1.2% |
| Other amounts receivable | 41 | €167,723 | €193,736 | +€26,013 | +15.5% |
| Cash at bank and in hand | 54/58 | €2,960 | €39 | -€2,921 | -98.7% |
| Deferred charges and accrued income | 490/1 | - | €178 | +€178 | |
| Total equity and liabilities | 10/49 | €537,856 | €555,765 | +€17,909 | +3.3% |
| Equity | 10/15 | €889 | -€20,689 | -€21,578 | |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €9,621 | €9,621 | = | 0.0% |
| Tax-exempt reserves | 132 | €947 | €947 | = | 0.0% |
| Distributable reserves | 133 | €8,674 | €8,674 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,732 | -€154,310 | -€21,578 | -16.3% |
| Amounts payable | 17/49 | €536,966 | €576,453 | +€39,487 | +7.4% |
| Amounts payable after more than one year | 17 | €36,874 | €25,843 | -€11,031 | -29.9% |
| Financial debts | 170/4 | €36,874 | €25,843 | -€11,031 | -29.9% |
| Amounts payable within one year | 42/48 | €500,093 | €550,610 | +€50,518 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €18,146 | €8,483 | -€9,662 | -53.2% |
| Financial debts | 43 | €194,989 | €195,996 | +€1,007 | +0.5% |
| Credit institutions | 430/8 | €194,989 | €195,996 | +€1,007 | +0.5% |
| Trade debts | 44 | €113,616 | €184,132 | +€70,516 | +62.1% |
| Suppliers | 440/4 | €113,616 | €184,132 | +€70,516 | +62.1% |
| Advances received on contracts in progress | 46 | €9,511 | €9,511 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €127,853 | €152,488 | +€24,635 | +19.3% |
| Taxes | 450/3 | €127,853 | €152,488 | +€24,635 | +19.3% |
| Other amounts payable | 47/48 | €35,978 | €0 | -€35,978 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,649 | €1,610 | -€2,039 | -55.9% |
| Other operating charges | 640/8 | €5,383 | €8,773 | +€3,390 | +63.0% |
| Gross operating margin | 9900 | -€6,042 | €3,666 | +€9,707 | |
| Operating profit (loss) | 9901 | -€15,074 | -€6,718 | +€8,357 | +55.4% |
| Financial income | 75/76B | €9,022 | €13,094 | +€4,071 | +45.1% |
| Recurring financial income | 75 | €9,022 | €13,094 | +€4,071 | +45.1% |
| Financial charges | 65/66B | €30,134 | €27,954 | -€2,180 | -7.2% |
| Recurring financial charges | 65 | €30,134 | €27,954 | -€2,180 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | -€36,186 | -€21,578 | +€14,608 | +40.4% |
| Profit (loss) for the period | 9904 | -€36,186 | -€21,578 | +€14,608 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,186 | -€21,578 | +€14,608 | +40.4% |
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 6 October 2026 via checked.be.