RIESTER: 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.
RIESTER
Largest movements
- Current investments +€603,814
up €603,814 (+69.8%), from €865,277 to €1.5m
- Financial fixed assets -€402,610
down €402,610 (-5.2%), from €7.7m to €7.3m
- Cash +€247,924
up €247,924 (+41.5%), from €596,784 to €844,708
mainly Net result for the year (+€444,114) and Investment in fixed assets (net) (+€304,242)
- Reserves +€444,114
up €444,114 (+9.3%), from €4.8m to €5.2m
- Other debts +€146,389
up €146,389 (+6.7%), from €2.2m to €2.3m
- Financial income +€501,544
up €501,544 (+4,083%), from €12,285 to €513,829
- Financial charges +€57,270
up €57,270 (+47.4%), from €120,901 to €178,170
of which Financial charges: +€65,669
- Gross operating margin -€10,757
down €10,757 (-7.1%), from €151,951 to €141,194
- Other operating charges +€9,025
up €9,025 (+516%), from €1,750 to €10,775
- Taxes -€7,151
down €7,151 (-98.9%), from €7,231 to €80
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.
Derived cash bridge
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 | €10,305,566 | €10,895,840 | +€590,274 | +5.7% |
| Fixed assets | 21/28 | €8,768,859 | €8,442,732 | -€326,127 | -3.7% |
| Tangible fixed assets | 22/27 | €1,053,085 | €1,129,568 | +€76,483 | +7.3% |
| Land and buildings | 22 | €1,045,568 | €1,059,759 | +€14,190 | +1.4% |
| Plant, machinery and equipment | 23 | €4,965 | €3,385 | -€1,580 | -31.8% |
| Furniture and vehicles | 24 | €2,552 | €66,425 | +€63,873 | +2,503% |
| Financial fixed assets | 28 | €7,715,774 | €7,313,164 | -€402,610 | -5.2% |
| Current assets | 29/58 | €1,536,707 | €2,453,107 | +€916,400 | +59.6% |
| Amounts receivable after more than one year | 29 | €12,500 | €13,971 | +€1,471 | +11.8% |
| Trade receivables | 290 | €12,500 | €13,971 | +€1,471 | +11.8% |
| Amounts receivable within one year | 40/41 | €62,146 | €125,337 | +€63,192 | +102% |
| Trade receivables | 40 | €22,830 | €46,246 | +€23,416 | +103% |
| Other amounts receivable | 41 | €39,315 | €79,091 | +€39,776 | +101% |
| Current investments | 50/53 | €865,277 | €1,469,091 | +€603,814 | +69.8% |
| Cash at bank and in hand | 54/58 | €596,784 | €844,708 | +€247,924 | +41.5% |
| Total equity and liabilities | 10/49 | €10,305,566 | €10,895,840 | +€590,274 | +5.7% |
| Equity | 10/15 | €8,044,588 | €8,488,701 | +€444,114 | +5.5% |
| Contributions | 10/11 | €3,287,500 | €3,287,500 | = | 0.0% |
| Reserves | 13 | €4,757,088 | €5,201,201 | +€444,114 | +9.3% |
| Distributable reserves | 133 | €4,757,088 | €5,201,201 | +€444,114 | +9.3% |
| Amounts payable | 17/49 | €2,260,978 | €2,407,138 | +€146,160 | +6.5% |
| Amounts payable within one year | 42/48 | €2,260,978 | €2,407,138 | +€146,160 | +6.5% |
| Trade debts | 44 | €3,849 | €29,102 | +€25,254 | +656% |
| Suppliers | 440/4 | €3,849 | €29,102 | +€25,254 | +656% |
| Taxes, remuneration and social security | 45 | €78,189 | €52,707 | -€25,482 | -32.6% |
| Taxes | 450/3 | €78,189 | €52,707 | -€25,482 | -32.6% |
| Other amounts payable | 47/48 | €2,178,940 | €2,325,329 | +€146,389 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,385 | €21,885 | +€1,499 | +7.4% |
| Other operating charges | 640/8 | €1,750 | €10,775 | +€9,025 | +516% |
| Gross operating margin | 9900 | €151,951 | €141,194 | -€10,757 | -7.1% |
| Operating profit (loss) | 9901 | €129,816 | €108,535 | -€21,281 | -16.4% |
| Financial income | 75/76B | €12,285 | €513,829 | +€501,544 | +4,083% |
| Recurring financial income | 75 | €12,285 | €513,829 | +€501,544 | +4,083% |
| Financial charges | 65/66B | €120,901 | €178,170 | +€57,270 | +47.4% |
| Recurring financial charges | 65 | €112,502 | €178,170 | +€65,669 | +58.4% |
| Non-recurring financial charges | 66B | €8,399 | - | -€8,399 | |
| Profit (loss) for the period before taxes | 9903 | €21,200 | €444,193 | +€422,993 | +1,995% |
| Income taxes | 67/77 | €7,231 | €80 | -€7,151 | -98.9% |
| Profit (loss) for the period | 9904 | €13,970 | €444,114 | +€430,144 | +3,079% |
| Profit (loss) for the period to be appropriated | 9905 | €13,970 | €444,114 | +€430,144 | +3,079% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.