RIAPAT: 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.
RIAPAT
Largest movements
- Cash +€905,590
up €905,590 (+1967.6%), from €46,025 to €951,616
mainly Current investments (+€500,000) and Net result for the year (+€190,148)
- Current investments -€500,000
no longer reported in 2025 (was €500,000)
- Tangible fixed assets -€154,292
down €154,292 (-29.0%), from €532,165 to €377,874
- Deferred charges and accrued income -€16,699
no longer reported in 2025 (was €16,699)
- Reserves +€190,148
up €190,148 (+82.7%), from €230,013 to €420,160
of which Tax-exempt reserves: +€167,751
- Provisions +€55,917
new in 2025: €55,917
- Gross operating margin +€201,809
up €201,809 (+303.4%), from €66,517 to €268,326
- Financial income -€13,593
down €13,593 (-76.1%), from €17,861 to €4,268
- Taxes -€10,450
down €10,450 (-50.0%), from €20,900 to €10,450
- Depreciation -€4,020
down €4,020 (-32.1%), from €12,532 to €8,512
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 | €1,112,415 | €1,357,649 | +€245,235 | +22.0% |
| Fixed assets | 21/28 | €532,165 | €377,874 | -€154,292 | -29.0% |
| Tangible fixed assets | 22/27 | €532,165 | €377,874 | -€154,292 | -29.0% |
| Land and buildings | 22 | €532,165 | €377,874 | -€154,292 | -29.0% |
| Current assets | 29/58 | €580,250 | €979,776 | +€399,526 | +68.9% |
| Amounts receivable within one year | 40/41 | €17,525 | €28,160 | +€10,635 | +60.7% |
| Other amounts receivable | 41 | €17,525 | €28,160 | +€10,635 | +60.7% |
| Current investments | 50/53 | €500,000 | - | -€500,000 | |
| Cash at bank and in hand | 54/58 | €46,025 | €951,616 | +€905,590 | +1967.6% |
| Deferred charges and accrued income | 490/1 | €16,699 | - | -€16,699 | |
| Total equity and liabilities | 10/49 | €1,112,415 | €1,357,649 | +€245,235 | +22.0% |
| Equity | 10/15 | €1,104,551 | €1,294,698 | +€190,148 | +17.2% |
| Contributions | 10/11 | €572,000 | €572,000 | = | 0.0% |
| Reserves | 13 | €230,013 | €420,160 | +€190,148 | +82.7% |
| Non-distributable reserves | 130/1 | €60,500 | €60,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €60,500 | €60,500 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €167,751 | +€167,751 | |
| Distributable reserves | 133 | €169,513 | €191,910 | +€22,397 | +13.2% |
| Profit (loss) carried forward | 14 | €302,538 | €302,538 | = | 0.0% |
| Provisions and deferred taxes | 16 | - | €55,917 | +€55,917 | |
| Deferred taxes | 168 | - | €55,917 | +€55,917 | |
| Amounts payable | 17/49 | €7,864 | €7,034 | -€830 | -10.6% |
| Amounts payable within one year | 42/48 | €7,864 | €7,034 | -€830 | -10.6% |
| Trade debts | 44 | €968 | €968 | = | 0.0% |
| Suppliers | 440/4 | €968 | €968 | = | 0.0% |
| Other amounts payable | 47/48 | €6,896 | €6,067 | -€830 | -12.0% |
| Non-recurring operating income | 76A | - | €234,220 | +€234,220 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,532 | €8,512 | -€4,020 | -32.1% |
| Other operating charges | 640/8 | €6,104 | €7,496 | +€1,392 | +22.8% |
| Gross operating margin | 9900 | €66,517 | €268,326 | +€201,809 | +303.4% |
| Operating profit (loss) | 9901 | €47,880 | €252,318 | +€204,438 | +427.0% |
| Financial income | 75/76B | €17,861 | €4,268 | -€13,593 | -76.1% |
| Recurring financial income | 75 | €17,861 | €4,268 | -€13,593 | -76.1% |
| Financial charges | 65/66B | €62 | €72 | +€11 | +17.3% |
| Recurring financial charges | 65 | €62 | €72 | +€11 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | €65,680 | €256,514 | +€190,834 | +290.6% |
| Transfer to deferred taxes | 680 | - | €55,917 | +€55,917 | |
| Income taxes | 67/77 | €20,900 | €10,450 | -€10,450 | -50.0% |
| Profit (loss) for the period | 9904 | €44,781 | €190,148 | +€145,367 | +324.6% |
| Transfer to tax-exempt reserves | 689 | - | €167,751 | +€167,751 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,781 | €22,397 | -€22,384 | -50.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.