RIETHOVE: 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.
RIETHOVE
Largest movements
- Receivables within one year -€19,560
no longer reported in 2025 (was €19,560)
- Other debts -€12,826
down €12,826 (-4.3%), from €297,906 to €285,080
- Current portion of long-term debt -€8,404
down €8,404 (-56.0%), from €14,999 to €6,595
- Debts after one year -€5,185
down €5,185 (-100%), from €5,185 to €0
- Short-term financial debts +€3,497
up €3,497 (+1,012%), from €345 to €3,842
- Trade debts +€3,478
new in 2025: €3,478
- Gross operating margin -€6,571
down €6,571 (-41.2%), from €15,943 to €9,372
- Financial charges +€330
up €330 (+23.9%), from €1,380 to €1,710
- Other operating charges -€297
down €297 (-9.8%), from €3,027 to €2,730
- Depreciation +€200
up €200 (+4.3%), from €4,670 to €4,870
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 | €326,529 | €305,898 | -€20,631 | -6.3% |
| Fixed assets | 21/28 | €306,305 | €305,447 | -€858 | -0.3% |
| Tangible fixed assets | 22/27 | €306,305 | €305,447 | -€858 | -0.3% |
| Land and buildings | 22 | €306,305 | €305,447 | -€858 | -0.3% |
| Current assets | 29/58 | €20,224 | €451 | -€19,773 | -97.8% |
| Amounts receivable within one year | 40/41 | €19,560 | - | -€19,560 | |
| Trade receivables | 40 | €19,560 | - | -€19,560 | |
| Cash at bank and in hand | 54/58 | €226 | €451 | +€225 | +99.6% |
| Deferred charges and accrued income | 490/1 | €438 | - | -€438 | |
| Total equity and liabilities | 10/49 | €326,529 | €305,898 | -€20,631 | -6.3% |
| Equity | 10/15 | €6,029 | €6,091 | +€62 | +1.0% |
| Contributions | 10/11 | €18,592 | €18,592 | -€0 | 0.0% |
| Reserves | 13 | €46,842 | €46,842 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | -€0 | 0.0% |
| Tax-exempt reserves | 132 | €44,983 | €44,983 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€59,405 | -€59,343 | +€62 | +0.1% |
| Amounts payable | 17/49 | €320,500 | €299,807 | -€20,693 | -6.5% |
| Amounts payable after more than one year | 17 | €5,185 | €0 | -€5,185 | -100% |
| Financial debts | 170/4 | €5,185 | €0 | -€5,185 | -100% |
| Amounts payable within one year | 42/48 | €315,316 | €299,807 | -€15,509 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €14,999 | €6,595 | -€8,404 | -56.0% |
| Financial debts | 43 | €345 | €3,842 | +€3,497 | +1,012% |
| Credit institutions | 430/8 | €345 | €3,842 | +€3,497 | +1,012% |
| Trade debts | 44 | - | €3,478 | +€3,478 | |
| Suppliers | 440/4 | - | €3,478 | +€3,478 | |
| Taxes, remuneration and social security | 45 | €2,065 | €812 | -€1,253 | -60.7% |
| Taxes | 450/3 | €2,065 | €812 | -€1,253 | -60.7% |
| Other amounts payable | 47/48 | €297,906 | €285,080 | -€12,826 | -4.3% |
| Non-recurring operating income | 76A | €10,675 | - | -€10,675 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,670 | €4,870 | +€200 | +4.3% |
| Other operating charges | 640/8 | €3,027 | €2,730 | -€297 | -9.8% |
| Gross operating margin | 9900 | €15,943 | €9,372 | -€6,571 | -41.2% |
| Operating profit (loss) | 9901 | €8,247 | €1,772 | -€6,475 | -78.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,380 | €1,710 | +€330 | +23.9% |
| Recurring financial charges | 65 | €1,380 | €1,710 | +€330 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €6,867 | €62 | -€6,805 | -99.1% |
| Profit (loss) for the period | 9904 | €6,867 | €62 | -€6,805 | -99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,867 | €62 | -€6,805 | -99.1% |
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 28 October 2026 via checked.be.