Rigardo: 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.
Rigardo
Largest movements
- Cash +€4,939
up €4,939 (+530%), from €931 to €5,871
mainly Net result for the year (+€7,729) and Tax, wage and social debts (+€539)
- Reserves +€7,729
up €7,729 (+4.3%), from €178,404 to €186,133
- Other debts -€3,329
down €3,329 (-5.9%), from €56,478 to €53,149
- Gross operating margin -€5,046
down €5,046 (-29.9%), from €16,900 to €11,855
- Financial income +€755
new in 2025: €755
- Taxes +€419
up €419 (+10.5%), from €4,000 to €4,419
- Other operating charges -€385
down €385 (-45.5%), from €847 to €462
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 | €300,931 | €305,871 | +€4,939 | +1.6% |
| Fixed assets | 21/28 | €300,000 | €300,000 | = | 0.0% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €931 | €5,871 | +€4,939 | +530% |
| Cash at bank and in hand | 54/58 | €931 | €5,871 | +€4,939 | +530% |
| Total equity and liabilities | 10/49 | €300,931 | €305,871 | +€4,939 | +1.6% |
| Equity | 10/15 | €233,404 | €241,133 | +€7,729 | +3.3% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Reserves | 13 | €178,404 | €186,133 | +€7,729 | +4.3% |
| Distributable reserves | 133 | €178,404 | €186,133 | +€7,729 | +4.3% |
| Amounts payable | 17/49 | €67,528 | €64,738 | -€2,790 | -4.1% |
| Amounts payable within one year | 42/48 | €67,528 | €64,738 | -€2,790 | -4.1% |
| Taxes, remuneration and social security | 45 | €11,049 | €11,589 | +€539 | +4.9% |
| Taxes | 450/3 | €11,049 | €11,589 | +€539 | +4.9% |
| Other amounts payable | 47/48 | €56,478 | €53,149 | -€3,329 | -5.9% |
| Other operating charges | 640/8 | €847 | €462 | -€385 | -45.5% |
| Gross operating margin | 9900 | €16,900 | €11,855 | -€5,046 | -29.9% |
| Operating profit (loss) | 9901 | €16,054 | €11,393 | -€4,661 | -29.0% |
| Financial income | 75/76B | - | €755 | +€755 | |
| Recurring financial income | 75 | - | €755 | +€755 | |
| Financial charges | 65/66B | €153 | - | -€153 | |
| Recurring financial charges | 65 | €153 | - | -€153 | |
| Profit (loss) for the period before taxes | 9903 | €15,900 | €12,148 | -€3,753 | -23.6% |
| Income taxes | 67/77 | €4,000 | €4,419 | +€419 | +10.5% |
| Profit (loss) for the period | 9904 | €11,900 | €7,729 | -€4,171 | -35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,900 | €7,729 | -€4,171 | -35.1% |
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 18 October 2026 via checked.be.