Rigel Solutions: 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.
Rigel Solutions
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€538,050
up €538,050 (+111%), from €485,986 to €1.0m
- Debts after one year -€465,000
no longer reported in 2025 (was €465,000)
- Current portion of long-term debt -€405,232
down €405,232 (-85.9%), from €471,493 to €66,262
- Reserves +€368,000
up €368,000 (+155%), from €238,000 to €606,000
of which Distributable reserves: +€368,000
- Profit (loss) carried forward -€42,596
down €42,596 (-98.1%), from €43,400 to €805
- Financial income +€200,712
up €200,712 (+100%), from €200,000 to €400,712
- Financial charges -€82,452
down €82,452 (-55.7%), from €147,960 to €65,508
of which Non-recurring financial charges: -€61,999
- Gross operating margin -€782
down €782 (-10.3%), from -€7,568 to -€8,350
- Purchases and services +€782
up €782 (+10.3%), from €7,568 to €8,350
- Other operating charges +€204
up €204 (+16.4%), from €1,246 to €1,450
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 | €1,775,329 | €1,774,486 | -€843 | 0.0% |
| Fixed assets | 21/28 | €1,768,533 | €1,768,533 | = | 0.0% |
| Financial fixed assets | 28 | €1,768,533 | €1,768,533 | = | 0.0% |
| Current assets | 29/58 | €6,796 | €5,953 | -€843 | -12.4% |
| Amounts receivable within one year | 40/41 | €1,646 | €803 | -€843 | -51.2% |
| Other amounts receivable | 41 | €1,646 | €803 | -€843 | -51.2% |
| Cash at bank and in hand | 54/58 | €5,150 | €5,150 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,775,329 | €1,774,486 | -€843 | 0.0% |
| Equity | 10/15 | €343,400 | €668,805 | +€325,404 | +94.8% |
| 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 | €238,000 | €606,000 | +€368,000 | +155% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €231,800 | €599,800 | +€368,000 | +159% |
| Profit (loss) carried forward | 14 | €43,400 | €805 | -€42,596 | -98.1% |
| Amounts payable | 17/49 | €1,431,929 | €1,105,681 | -€326,248 | -22.8% |
| Amounts payable after more than one year | 17 | €465,000 | - | -€465,000 | |
| Other amounts payable | 178/9 | €465,000 | - | -€465,000 | |
| Amounts payable within one year | 42/48 | €966,929 | €1,105,681 | +€138,752 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €471,493 | €66,262 | -€405,232 | -85.9% |
| Trade debts | 44 | €9,449 | €15,383 | +€5,933 | +62.8% |
| Suppliers | 440/4 | €9,449 | €15,383 | +€5,933 | +62.8% |
| Other amounts payable | 47/48 | €485,986 | €1,024,037 | +€538,050 | +111% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,568 | €8,350 | +€782 | +10.3% |
| Other operating charges | 640/8 | €1,246 | €1,450 | +€204 | +16.4% |
| Gross operating margin | 9900 | -€7,568 | -€8,350 | -€782 | -10.3% |
| Operating profit (loss) | 9901 | -€8,814 | -€9,800 | -€986 | -11.2% |
| Financial income | 75/76B | €200,000 | €400,712 | +€200,712 | +100% |
| Recurring financial income | 75 | €200,000 | €400,712 | +€200,712 | +100% |
| Financial charges | 65/66B | €147,960 | €65,508 | -€82,452 | -55.7% |
| Recurring financial charges | 65 | €85,961 | €65,508 | -€20,453 | -23.8% |
| Non-recurring financial charges | 66B | €61,999 | - | -€61,999 | |
| Profit (loss) for the period before taxes | 9903 | €43,226 | €325,404 | +€282,178 | +653% |
| Profit (loss) for the period | 9904 | €43,226 | €325,404 | +€282,178 | +653% |
| Profit (loss) for the period to be appropriated | 9905 | €43,226 | €325,404 | +€282,178 | +653% |
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 21 October 2026 via checked.be.