RIGA: 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.
RIGA
Largest movements
- Cash +€87,091
up €87,091 (+96.3%), from €90,464 to €177,556
mainly Net result for the year (+€73,423) and Receivables within one year (+€27,457)
- Receivables within one year -€27,457
down €27,457 (-45.5%), from €60,409 to €32,953
- Reserves +€73,423
up €73,423 (+84.0%), from €87,438 to €160,861
- Tax, wage and social debts -€21,013
down €21,013 (-45.5%), from €46,153 to €25,140
of which Remuneration and social security: -€11,233
- Other debts +€5,677
up €5,677 (+58.1%), from €9,764 to €15,441
- Trade debts +€2,593
up €2,593 (+103.0%), from €2,518 to €5,112
- Gross operating margin -€18,248
down €18,248 (-16.2%), from €112,586 to €94,338
- Taxes -€4,091
down €4,091 (-18.0%), from €22,690 to €18,599
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 | €150,873 | €211,554 | +€60,680 | +40.2% |
| Fixed assets | 21/28 | - | €1,045 | +€1,045 | |
| Tangible fixed assets | 22/27 | - | €1,045 | +€1,045 | |
| Furniture and vehicles | 24 | - | €1,045 | +€1,045 | |
| Current assets | 29/58 | €150,873 | €210,508 | +€59,635 | +39.5% |
| Amounts receivable within one year | 40/41 | €60,409 | €32,953 | -€27,457 | -45.5% |
| Trade receivables | 40 | €60,409 | €32,953 | -€27,457 | -45.5% |
| Cash at bank and in hand | 54/58 | €90,464 | €177,556 | +€87,091 | +96.3% |
| Total equity and liabilities | 10/49 | €150,873 | €211,554 | +€60,680 | +40.2% |
| Equity | 10/15 | €92,438 | €165,861 | +€73,423 | +79.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €87,438 | €160,861 | +€73,423 | +84.0% |
| Distributable reserves | 133 | €87,438 | €160,861 | +€73,423 | +84.0% |
| Amounts payable | 17/49 | €58,436 | €45,693 | -€12,743 | -21.8% |
| Amounts payable within one year | 42/48 | €58,436 | €45,693 | -€12,743 | -21.8% |
| Trade debts | 44 | €2,518 | €5,112 | +€2,593 | +103.0% |
| Suppliers | 440/4 | €2,518 | €5,112 | +€2,593 | +103.0% |
| Taxes, remuneration and social security | 45 | €46,153 | €25,140 | -€21,013 | -45.5% |
| Taxes | 450/3 | €34,920 | €25,140 | -€9,780 | -28.0% |
| Remuneration and social security | 454/9 | €11,233 | €0 | -€11,233 | -100.0% |
| Other amounts payable | 47/48 | €9,764 | €15,441 | +€5,677 | +58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,296 | €521 | -€776 | -59.8% |
| Other operating charges | 640/8 | €913 | €528 | -€386 | -42.2% |
| Gross operating margin | 9900 | €112,586 | €94,338 | -€18,248 | -16.2% |
| Operating profit (loss) | 9901 | €110,377 | €93,290 | -€17,087 | -15.5% |
| Financial charges | 65/66B | €249 | €1,267 | +€1,018 | +408.8% |
| Recurring financial charges | 65 | €249 | €1,267 | +€1,018 | +408.8% |
| Profit (loss) for the period before taxes | 9903 | €110,128 | €92,022 | -€18,105 | -16.4% |
| Income taxes | 67/77 | €22,690 | €18,599 | -€4,091 | -18.0% |
| Profit (loss) for the period | 9904 | €87,438 | €73,423 | -€14,014 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €87,438 | €73,423 | -€14,014 | -16.0% |
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 10 October 2026 via checked.be.