RIAZ: 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.
RIAZ
Largest movements
- Cash +€2,463
up €2,463 (+82.8%), from €2,974 to €5,437
mainly Other debts (+€29,729) and Trade debts (+€1,239)
- Stocks and contracts +€835
up €835 (+3.2%), from €25,839 to €26,674
- Deferred charges and accrued income +€515
up €515 (+56.4%), from €913 to €1,428
- Other debts +€29,729
up €29,729 (+14.5%), from €204,412 to €234,141
- Profit (loss) carried forward -€27,164
down €27,164 (-15.2%), from -€178,466 to -€205,630
- Trade debts +€1,239
up €1,239 (+243.9%), from €508 to €1,747
- Turnover +€15,062
up €15,062 (+61.4%), from €24,535 to €39,597
- Gross operating margin -€4,175
down €4,175 (-19.2%), from -€21,749 to -€25,924
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,045 | €36,848 | +€3,803 | +11.5% |
| Fixed assets | 21/28 | €1,279 | €940 | -€339 | -26.5% |
| Tangible fixed assets | 22/27 | €1,279 | €940 | -€339 | -26.5% |
| Plant, machinery and equipment | 23 | €1,279 | €940 | -€339 | -26.5% |
| Current assets | 29/58 | €31,766 | €35,908 | +€4,142 | +13.0% |
| Stocks and contracts in progress | 3 | €25,839 | €26,674 | +€835 | +3.2% |
| Stocks | 30/36 | €25,839 | €26,674 | +€835 | +3.2% |
| Amounts receivable within one year | 40/41 | €2,040 | €2,369 | +€329 | +16.1% |
| Other amounts receivable | 41 | €2,040 | €2,369 | +€329 | +16.1% |
| Cash at bank and in hand | 54/58 | €2,974 | €5,437 | +€2,463 | +82.8% |
| Deferred charges and accrued income | 490/1 | €913 | €1,428 | +€515 | +56.4% |
| Total equity and liabilities | 10/49 | €33,045 | €36,848 | +€3,803 | +11.5% |
| Equity | 10/15 | -€171,876 | -€199,040 | -€27,164 | -15.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €390 | €390 | = | 0.0% |
| Distributable reserves | 133 | €390 | €390 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€178,466 | -€205,630 | -€27,164 | -15.2% |
| Amounts payable | 17/49 | €204,921 | €235,888 | +€30,967 | +15.1% |
| Amounts payable within one year | 42/48 | €204,920 | €235,888 | +€30,968 | +15.1% |
| Trade debts | 44 | €508 | €1,747 | +€1,239 | +243.9% |
| Suppliers | 440/4 | €508 | €1,747 | +€1,239 | +243.9% |
| Other amounts payable | 47/48 | €204,412 | €234,141 | +€29,729 | +14.5% |
| Accrued charges and deferred income | 492/3 | €1 | - | -€1 | |
| Turnover | 70 | €24,535 | €39,597 | +€15,062 | +61.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €66,302 | €66,357 | +€55 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €340 | €340 | = | 0.0% |
| Other operating charges | 640/8 | €660 | €822 | +€162 | +24.5% |
| Gross operating margin | 9900 | -€21,749 | -€25,924 | -€4,175 | -19.2% |
| Operating profit (loss) | 9901 | -€22,749 | -€27,086 | -€4,337 | -19.1% |
| Financial charges | 65/66B | €122 | €78 | -€44 | -36.1% |
| Recurring financial charges | 65 | €122 | €78 | -€44 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | -€22,871 | -€27,164 | -€4,293 | -18.8% |
| Profit (loss) for the period | 9904 | -€22,871 | -€27,164 | -€4,293 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,871 | -€27,164 | -€4,293 | -18.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.