RIGELDEV: 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.
RIGELDEV
Largest movements
- Cash +€11,216
up €11,216 (+16.3%), from €68,759 to €79,975
mainly Net result for the year (+€37,538) and Tax, wage and social debts (+€5,138)
- Tangible fixed assets -€2,652
down €2,652 (-34.7%), from €7,642 to €4,990
- Receivables within one year +€1,293
up €1,293 (+9.0%), from €14,420 to €15,714
of which Trade receivables: +€1,293
- Tax, wage and social debts +€5,138
up €5,138 (+140%), from €3,680 to €8,818
- Trade debts +€2,910
up €2,910 (+232%), from €1,256 to €4,166
- Other debts +€1,619
up €1,619 (+3.8%), from €42,099 to €43,717
- Gross operating margin -€7,689
down €7,689 (-12.8%), from €60,207 to €52,518
- Depreciation -€3,185
down €3,185 (-48.6%), from €6,560 to €3,375
- Taxes -€1,190
down €1,190 (-10.1%), from €11,794 to €10,604
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 | €93,139 | €102,806 | +€9,667 | +10.4% |
| Fixed assets | 21/28 | €7,642 | €4,990 | -€2,652 | -34.7% |
| Tangible fixed assets | 22/27 | €7,642 | €4,990 | -€2,652 | -34.7% |
| Furniture and vehicles | 24 | €7,642 | €4,990 | -€2,652 | -34.7% |
| Current assets | 29/58 | €85,497 | €97,816 | +€12,319 | +14.4% |
| Amounts receivable within one year | 40/41 | €14,420 | €15,714 | +€1,293 | +9.0% |
| Trade receivables | 40 | €14,214 | €15,507 | +€1,293 | +9.1% |
| Other amounts receivable | 41 | €206 | €206 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €68,759 | €79,975 | +€11,216 | +16.3% |
| Deferred charges and accrued income | 490/1 | €2,317 | €2,127 | -€190 | -8.2% |
| Total equity and liabilities | 10/49 | €93,139 | €102,806 | +€9,667 | +10.4% |
| Equity | 10/15 | €46,104 | €46,104 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €43,104 | €43,104 | = | 0.0% |
| Distributable reserves | 133 | €43,104 | €43,104 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €47,034 | €56,701 | +€9,667 | +20.6% |
| Amounts payable within one year | 42/48 | €47,034 | €56,701 | +€9,667 | +20.6% |
| Trade debts | 44 | €1,256 | €4,166 | +€2,910 | +232% |
| Suppliers | 440/4 | €1,256 | €4,166 | +€2,910 | +232% |
| Taxes, remuneration and social security | 45 | €3,680 | €8,818 | +€5,138 | +140% |
| Taxes | 450/3 | €3,680 | €8,818 | +€5,138 | +140% |
| Other amounts payable | 47/48 | €42,099 | €43,717 | +€1,619 | +3.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,560 | €3,375 | -€3,185 | -48.6% |
| Other operating charges | 640/8 | €700 | €856 | +€155 | +22.2% |
| Gross operating margin | 9900 | €60,207 | €52,518 | -€7,689 | -12.8% |
| Operating profit (loss) | 9901 | €52,947 | €48,288 | -€4,659 | -8.8% |
| Financial income | 75/76B | €30 | €12 | -€18 | -59.7% |
| Recurring financial income | 75 | €30 | €12 | -€18 | -59.7% |
| Financial charges | 65/66B | €52 | €158 | +€107 | +206% |
| Recurring financial charges | 65 | €52 | €158 | +€107 | +206% |
| Profit (loss) for the period before taxes | 9903 | €52,925 | €48,142 | -€4,784 | -9.0% |
| Income taxes | 67/77 | €11,794 | €10,604 | -€1,190 | -10.1% |
| Profit (loss) for the period | 9904 | €41,132 | €37,538 | -€3,594 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,132 | €37,538 | -€3,594 | -8.7% |
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 25 October 2026 via checked.be.