RIGEO: 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.
RIGEO
Largest movements
- Tangible fixed assets -€25,670
down €25,670 (-3.6%), from €709,178 to €683,509
of which Land and buildings: -€25,113
- Reserves -€15,586
down €15,586 (-7.2%), from €215,378 to €199,792
of which Distributable reserves: -€9,544
- Gross operating margin +€1,079
up €1,079 (+5.6%), from €19,265 to €20,344
- Depreciation +€261
up €261 (+0.9%), from €28,966 to €29,227
- Financial charges +€219
up €219 (+5.5%), from €3,950 to €4,169
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 | €879,942 | €857,946 | -€21,996 | -2.5% |
| Fixed assets | 21/28 | €841,395 | €815,725 | -€25,670 | -3.1% |
| Tangible fixed assets | 22/27 | €709,178 | €683,509 | -€25,670 | -3.6% |
| Land and buildings | 22 | €707,129 | €682,016 | -€25,113 | -3.6% |
| Plant, machinery and equipment | 23 | €2,050 | €1,493 | -€557 | -27.2% |
| Financial fixed assets | 28 | €132,216 | €132,216 | = | 0.0% |
| Current assets | 29/58 | €38,547 | €42,220 | +€3,674 | +9.5% |
| Current investments | 50/53 | €24,270 | €24,057 | -€213 | -0.9% |
| Cash at bank and in hand | 54/58 | €14,084 | €17,962 | +€3,879 | +27.5% |
| Deferred charges and accrued income | 490/1 | €194 | €201 | +€8 | +4.0% |
| Total equity and liabilities | 10/49 | €879,942 | €857,946 | -€21,996 | -2.5% |
| Equity | 10/15 | €413,693 | €398,107 | -€15,586 | -3.8% |
| Contributions | 10/11 | €198,315 | €198,315 | = | 0.0% |
| Reserves | 13 | €215,378 | €199,792 | -€15,586 | -7.2% |
| Tax-exempt reserves | 132 | €120,937 | €114,895 | -€6,042 | -5.0% |
| Distributable reserves | 133 | €94,441 | €84,897 | -€9,544 | -10.1% |
| Provisions and deferred taxes | 16 | €33,451 | €31,437 | -€2,014 | -6.0% |
| Deferred taxes | 168 | €33,451 | €31,437 | -€2,014 | -6.0% |
| Amounts payable | 17/49 | €432,797 | €428,402 | -€4,396 | -1.0% |
| Amounts payable after more than one year | 17 | €4,199 | - | -€4,199 | |
| Financial debts | 170/4 | €4,199 | - | -€4,199 | |
| Amounts payable within one year | 42/48 | €428,148 | €427,939 | -€209 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €168,179 | €163,454 | -€4,725 | -2.8% |
| Trade debts | 44 | €660 | €1,707 | +€1,046 | +158.4% |
| Suppliers | 440/4 | €660 | €1,707 | +€1,046 | +158.4% |
| Other amounts payable | 47/48 | €259,308 | €262,779 | +€3,471 | +1.3% |
| Accrued charges and deferred income | 492/3 | €450 | €462 | +€12 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,966 | €29,227 | +€261 | +0.9% |
| Other operating charges | 640/8 | €4,400 | €4,548 | +€148 | +3.4% |
| Gross operating margin | 9900 | €19,265 | €20,344 | +€1,079 | +5.6% |
| Operating profit (loss) | 9901 | -€14,101 | -€13,431 | +€670 | +4.8% |
| Financial income | 75/76B | €135 | - | -€135 | |
| Recurring financial income | 75 | €135 | - | -€135 | |
| Financial charges | 65/66B | €3,950 | €4,169 | +€219 | +5.5% |
| Recurring financial charges | 65 | €3,950 | €4,169 | +€219 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,917 | -€17,600 | +€316 | +1.8% |
| Transfer from deferred taxes | 780 | €2,014 | €2,014 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€15,902 | -€15,586 | +€316 | +2.0% |
| Transfer from tax-exempt reserves | 789 | €6,042 | €6,042 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,860 | -€9,544 | +€316 | +3.2% |
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 6 October 2026 via checked.be.