RIGAUX André: 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.
RIGAUX André
Largest movements
- Receivables within one year -€37,487
down €37,487 (-88.5%), from €42,374 to €4,887
of which Trade receivables: -€38,348
- Tangible fixed assets +€21,086
up €21,086 (+1235.8%), from €1,706 to €22,792
of which Furniture and vehicles: +€21,119
- Cash -€16,833
down €16,833 (-16.6%), from €101,638 to €84,806
mainly Investment in fixed assets (net) (-€27,686) and Contributions, distributions and other (-€15,195)
- Other debts -€14,362
down €14,362 (-48.6%), from €29,557 to €15,195
- Reserves -€9,325
down €9,325 (-18.3%), from €50,969 to €41,644
- Tax, wage and social debts -€6,873
down €6,873 (-61.7%), from €11,134 to €4,261
- Trade debts -€2,586
down €2,586 (-67.9%), from €3,807 to €1,222
- Purchases and services +€13,965
up €13,965 (+17.0%), from €82,215 to €96,180
- Turnover +€12,757
up €12,757 (+13.3%), from €96,257 to €109,014
- Depreciation +€2,275
up €2,275 (+52.6%), from €4,325 to €6,600
- Gross operating margin +€1,685
up €1,685 (+12.0%), from €14,042 to €15,727
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 | €160,183 | €127,037 | -€33,146 | -20.7% |
| Fixed assets | 21/28 | €1,706 | €22,792 | +€21,086 | +1235.8% |
| Tangible fixed assets | 22/27 | €1,706 | €22,792 | +€21,086 | +1235.8% |
| Land and buildings | 22 | €161 | €128 | -€33 | -20.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €1,545 | €22,664 | +€21,119 | +1366.9% |
| Current assets | 29/58 | €158,477 | €104,245 | -€54,232 | -34.2% |
| Stocks and contracts in progress | 3 | €13,862 | €14,260 | +€398 | +2.9% |
| Stocks | 30/36 | €13,862 | €14,260 | +€398 | +2.9% |
| Amounts receivable within one year | 40/41 | €42,374 | €4,887 | -€37,487 | -88.5% |
| Trade receivables | 40 | €39,066 | €718 | -€38,348 | -98.2% |
| Other amounts receivable | 41 | €3,308 | €4,169 | +€861 | +26.0% |
| Cash at bank and in hand | 54/58 | €101,638 | €84,806 | -€16,833 | -16.6% |
| Deferred charges and accrued income | 490/1 | €602 | €292 | -€310 | -51.6% |
| Total equity and liabilities | 10/49 | €160,183 | €127,037 | -€33,146 | -20.7% |
| Equity | 10/15 | €115,684 | €106,359 | -€9,325 | -8.1% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €50,969 | €41,644 | -€9,325 | -18.3% |
| Distributable reserves | 133 | €50,969 | €41,644 | -€9,325 | -18.3% |
| Profit (loss) carried forward | 14 | €39,926 | €39,926 | = | 0.0% |
| Amounts payable | 17/49 | €44,499 | €20,678 | -€23,821 | -53.5% |
| Amounts payable within one year | 42/48 | €44,499 | €20,678 | -€23,821 | -53.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,807 | €1,222 | -€2,586 | -67.9% |
| Suppliers | 440/4 | €3,807 | €1,222 | -€2,586 | -67.9% |
| Taxes, remuneration and social security | 45 | €11,134 | €4,261 | -€6,873 | -61.7% |
| Taxes | 450/3 | €11,134 | €4,261 | -€6,873 | -61.7% |
| Other amounts payable | 47/48 | €29,557 | €15,195 | -€14,362 | -48.6% |
| Turnover | 70 | €96,257 | €109,014 | +€12,757 | +13.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €82,215 | €96,180 | +€13,965 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,325 | €6,600 | +€2,275 | +52.6% |
| Other operating charges | 640/8 | €1,490 | €1,265 | -€225 | -15.1% |
| Gross operating margin | 9900 | €14,042 | €15,727 | +€1,685 | +12.0% |
| Operating profit (loss) | 9901 | €8,226 | €7,861 | -€365 | -4.4% |
| Financial income | 75/76B | €39 | €10 | -€29 | -74.1% |
| Recurring financial income | 75 | €39 | €10 | -€29 | -74.1% |
| Financial charges | 65/66B | €107 | €178 | +€72 | +67.4% |
| Recurring financial charges | 65 | €107 | €178 | +€72 | +67.4% |
| Profit (loss) for the period before taxes | 9903 | €8,158 | €7,693 | -€466 | -5.7% |
| Income taxes | 67/77 | €2,807 | €1,822 | -€984 | -35.1% |
| Profit (loss) for the period | 9904 | €5,352 | €5,870 | +€519 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,352 | €5,870 | +€519 | +9.7% |
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 7 October 2026 via checked.be.