RIGA MARINE: 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 MARINE
Largest movements
- Cash -€2,383
down €2,383 (-5.3%), from €44,876 to €42,493
mainly Net result for the year (-€3,497) and Receivables within one year (-€737)
- Receivables within one year +€737
up €737 (+12.1%), from €6,098 to €6,835
of which Trade receivables: +€644
- Tangible fixed assets -€662
down €662 (-7.8%), from €8,508 to €7,846
- Profit (loss) carried forward -€3,497
down €3,497 (-9.5%), from -€36,725 to -€40,222
- Trade debts +€1,057
new in 2025: €1,057
- Gross operating margin +€3,127
up €3,127 (+59.6%), from -€5,250 to -€2,123
- Other operating charges -€258
down €258 (-33.6%), from €767 to €509
- Taxes +€131
new in 2025: €131
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 | €59,482 | €57,173 | -€2,309 | -3.9% |
| Fixed assets | 21/28 | €8,508 | €7,846 | -€662 | -7.8% |
| Tangible fixed assets | 22/27 | €8,508 | €7,846 | -€662 | -7.8% |
| Land and buildings | 22 | €8,508 | €7,846 | -€662 | -7.8% |
| Current assets | 29/58 | €50,974 | €49,328 | -€1,646 | -3.2% |
| Amounts receivable within one year | 40/41 | €6,098 | €6,835 | +€737 | +12.1% |
| Trade receivables | 40 | - | €644 | +€644 | |
| Other amounts receivable | 41 | €6,098 | €6,191 | +€93 | +1.5% |
| Cash at bank and in hand | 54/58 | €44,876 | €42,493 | -€2,383 | -5.3% |
| Total equity and liabilities | 10/49 | €59,482 | €57,173 | -€2,309 | -3.9% |
| Equity | 10/15 | €58,275 | €54,778 | -€3,497 | -6.0% |
| Contributions | 10/11 | €95,000 | €95,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,725 | -€40,222 | -€3,497 | -9.5% |
| Amounts payable | 17/49 | €1,207 | €2,395 | +€1,188 | +98.4% |
| Amounts payable after more than one year | 17 | €1,207 | €1,207 | +€0 | 0.0% |
| Financial debts | 170/4 | €1,207 | €1,207 | +€0 | 0.0% |
| Amounts payable within one year | 42/48 | - | €1,188 | +€1,188 | |
| Trade debts | 44 | - | €1,057 | +€1,057 | |
| Suppliers | 440/4 | - | €1,057 | +€1,057 | |
| Taxes, remuneration and social security | 45 | - | €131 | +€131 | |
| Taxes | 450/3 | - | €131 | +€131 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €662 | €662 | +€0 | +0.1% |
| Other operating charges | 640/8 | €767 | €509 | -€258 | -33.6% |
| Gross operating margin | 9900 | -€5,250 | -€2,123 | +€3,127 | +59.6% |
| Operating profit (loss) | 9901 | -€6,679 | -€3,295 | +€3,384 | +50.7% |
| Financial charges | 65/66B | €100 | €70 | -€30 | -29.7% |
| Recurring financial charges | 65 | €100 | €70 | -€30 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,779 | -€3,366 | +€3,413 | +50.4% |
| Income taxes | 67/77 | - | €131 | +€131 | |
| Profit (loss) for the period | 9904 | -€6,779 | -€3,497 | +€3,282 | +48.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,779 | -€3,497 | +€3,282 | +48.4% |
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 16 October 2026 via checked.be.