RIGA TRANS: what changed
Two fiscal 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 TRANS
Largest movements
- Receivables within one year -€131,646
down €131,646 (-6.3%), from €2.1m to €2.0m
of which Other amounts receivable: -€193,028
- Tax, wage and social debts -€45,764
down €45,764 (-14.6%), from €314,418 to €268,654
of which Remuneration and social security: -€25,396
- Profit (loss) carried forward -€45,690
down €45,690 (-72.2%), from €63,273 to €17,583
- Trade debts -€37,665
down €37,665 (-39.5%), from €95,372 to €57,707
- Gross operating margin -€230,966
down €230,966 (-9.5%), from €2.4m to €2.2m
- Staff costs -€206,276
down €206,276 (-8.6%), from €2.4m to €2.2m
- Taxes -€31,511
down €31,511, from €17,432 to -€14,078
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,179,006 | €2,049,886 | -€129,119 | -5.9% |
| Fixed assets | 21/28 | €88,626 | €90,877 | +€2,250 | +2.5% |
| Tangible fixed assets | 22/27 | €88,626 | €90,877 | +€2,250 | +2.5% |
| Furniture and vehicles | 24 | €88,626 | €90,877 | +€2,250 | +2.5% |
| Current assets | 29/58 | €2,090,379 | €1,959,010 | -€131,370 | -6.3% |
| Amounts receivable within one year | 40/41 | €2,083,143 | €1,951,497 | -€131,646 | -6.3% |
| Trade receivables | 40 | €495,379 | €556,762 | +€61,382 | +12.4% |
| Other amounts receivable | 41 | €1,587,763 | €1,394,735 | -€193,028 | -12.2% |
| Deferred charges and accrued income | 490/1 | €7,237 | €7,513 | +€276 | +3.8% |
| Total equity and liabilities | 10/49 | €2,179,006 | €2,049,886 | -€129,119 | -5.9% |
| Equity | 10/15 | €1,769,216 | €1,723,525 | -€45,690 | -2.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,643,943 | €1,643,943 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,305 | €8,305 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,105 | €2,105 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,635,638 | €1,635,638 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,273 | €17,583 | -€45,690 | -72.2% |
| Amounts payable | 17/49 | €409,790 | €326,361 | -€83,429 | -20.4% |
| Amounts payable within one year | 42/48 | €409,790 | €326,361 | -€83,429 | -20.4% |
| Trade debts | 44 | €95,372 | €57,707 | -€37,665 | -39.5% |
| Suppliers | 440/4 | €95,372 | €57,707 | -€37,665 | -39.5% |
| Taxes, remuneration and social security | 45 | €314,418 | €268,654 | -€45,764 | -14.6% |
| Taxes | 450/3 | €75,039 | €54,671 | -€20,368 | -27.1% |
| Remuneration and social security | 454/9 | €239,380 | €213,984 | -€25,396 | -10.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €4,565 | €15,905 | +€11,340 | +248.4% |
| Remuneration, social security and pensions | 62 | €2,386,112 | €2,179,836 | -€206,276 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,921 | €27,827 | +€3,906 | +16.3% |
| Other operating charges | 640/8 | €4,380 | €4,161 | -€219 | -5.0% |
| Non-recurring operating charges | 66A | - | €27,887 | +€27,887 | |
| Gross operating margin | 9900 | €2,442,725 | €2,211,759 | -€230,966 | -9.5% |
| Operating profit (loss) | 9901 | €28,312 | -€27,952 | -€56,264 | |
| Financial income | 75/76B | €52,615 | €31,589 | -€21,026 | -40.0% |
| Recurring financial income | 75 | €52,615 | €31,589 | -€21,026 | -40.0% |
| Financial charges | 65/66B | €222 | €133 | -€89 | -40.2% |
| Recurring financial charges | 65 | €222 | €133 | -€89 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | €80,705 | €3,504 | -€77,201 | -95.7% |
| Income taxes | 67/77 | €17,432 | -€14,078 | -€31,511 | |
| Profit (loss) for the period | 9904 | €63,273 | €17,583 | -€45,690 | -72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €63,273 | €17,583 | -€45,690 | -72.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.