Rice Paper: 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.
Rice Paper
Largest movements
- Receivables within one year -€23,167
down €23,167 (-92.0%), from €25,174 to €2,007
of which Trade receivables: -€21,831
- Cash +€16,963
up €16,963 (+105%), from €16,218 to €33,181
mainly Net result for the year (+€28,665) and Receivables within one year (+€23,167)
- Tangible fixed assets -€1,892
down €1,892 (-16.5%), from €11,486 to €9,594
of which Plant, machinery and equipment: -€1,673
- Reserves +€28,499
new in 2025: €28,499
- Accrued charges and deferred income -€17,478
down €17,478 (-100%), from €17,478 to €0
- Other debts -€17,062
down €17,062 (-95.9%), from €17,794 to €732
- Tax, wage and social debts +€10,035
up €10,035 (+249%), from €4,031 to €14,067
of which Taxes: +€8,570
- Debts after one year -€10,000
down €10,000 (-100%), from €10,000 to €0
- Gross operating margin +€46,514
up €46,514 (+319%), from €14,596 to €61,110
- Staff costs +€8,194
up €8,194 (+99.4%), from €8,246 to €16,439
- Taxes +€7,330
up €7,330 (+174,112%), from €4 to €7,334
- Other operating charges +€1,424
up €1,424 (+37.3%), from €3,815 to €5,239
- Depreciation +€767
up €767 (+30.7%), from €2,499 to €3,266
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.
Derived cash bridge
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 | €61,353 | €53,510 | -€7,843 | -12.8% |
| Fixed assets | 21/28 | €18,421 | €16,529 | -€1,892 | -10.3% |
| Tangible fixed assets | 22/27 | €11,486 | €9,594 | -€1,892 | -16.5% |
| Plant, machinery and equipment | 23 | €10,920 | €9,247 | -€1,673 | -15.3% |
| Furniture and vehicles | 24 | €566 | €347 | -€219 | -38.7% |
| Financial fixed assets | 28 | €6,935 | €6,935 | = | 0.0% |
| Current assets | 29/58 | €42,932 | €36,981 | -€5,951 | -13.9% |
| Stocks and contracts in progress | 3 | €1,420 | €1,370 | -€50 | -3.5% |
| Stocks | 30/36 | €1,420 | €1,370 | -€50 | -3.5% |
| Amounts receivable within one year | 40/41 | €25,174 | €2,007 | -€23,167 | -92.0% |
| Trade receivables | 40 | €22,743 | €911 | -€21,831 | -96.0% |
| Other amounts receivable | 41 | €2,432 | €1,096 | -€1,335 | -54.9% |
| Cash at bank and in hand | 54/58 | €16,218 | €33,181 | +€16,963 | +105% |
| Deferred charges and accrued income | 490/1 | €120 | €422 | +€303 | +252% |
| Total equity and liabilities | 10/49 | €61,353 | €53,510 | -€7,843 | -12.8% |
| Equity | 10/15 | €4,835 | €33,499 | +€28,665 | +593% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €28,499 | +€28,499 | |
| Distributable reserves | 133 | - | €28,499 | +€28,499 | |
| Profit (loss) carried forward | 14 | -€165 | €0 | +€165 | |
| Amounts payable | 17/49 | €56,518 | €20,010 | -€36,508 | -64.6% |
| Amounts payable after more than one year | 17 | €10,000 | €0 | -€10,000 | -100% |
| Financial debts | 170/4 | €10,000 | €0 | -€10,000 | -100% |
| Amounts payable within one year | 42/48 | €29,040 | €20,010 | -€9,030 | -31.1% |
| Trade debts | 44 | €2,751 | €5,212 | +€2,461 | +89.5% |
| Suppliers | 440/4 | €2,751 | €5,212 | +€2,461 | +89.5% |
| Advances received on contracts in progress | 46 | €4,464 | €0 | -€4,464 | -100% |
| Taxes, remuneration and social security | 45 | €4,031 | €14,067 | +€10,035 | +249% |
| Taxes | 450/3 | €499 | €9,069 | +€8,570 | +1,719% |
| Remuneration and social security | 454/9 | €3,533 | €4,998 | +€1,465 | +41.5% |
| Other amounts payable | 47/48 | €17,794 | €732 | -€17,062 | -95.9% |
| Accrued charges and deferred income | 492/3 | €17,478 | €0 | -€17,478 | -100% |
| Remuneration, social security and pensions | 62 | €8,246 | €16,439 | +€8,194 | +99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,499 | €3,266 | +€767 | +30.7% |
| Other operating charges | 640/8 | €3,815 | €5,239 | +€1,424 | +37.3% |
| Gross operating margin | 9900 | €14,596 | €61,110 | +€46,514 | +319% |
| Operating profit (loss) | 9901 | €37 | €36,166 | +€36,129 | +98,499% |
| Financial income | 75/76B | €1 | €8 | +€7 | +826% |
| Recurring financial income | 75 | €1 | €8 | +€7 | +826% |
| Financial charges | 65/66B | €199 | €175 | -€24 | -11.9% |
| Recurring financial charges | 65 | €199 | €175 | -€24 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | -€161 | €35,999 | +€36,160 | |
| Income taxes | 67/77 | €4 | €7,334 | +€7,330 | +174,112% |
| Profit (loss) for the period | 9904 | -€165 | €28,665 | +€28,830 | |
| Profit (loss) for the period to be appropriated | 9905 | -€165 | €28,665 | +€28,830 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.