RIGINOV: 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.
RIGINOV
Largest movements
- Stocks and contracts +€127,154
up €127,154 (+15.7%), from €809,662 to €936,817
- Cash +€77,863
up €77,863 (+95.9%), from €81,210 to €159,072
mainly Net result for the year (+€117,281) and Trade debts (+€70,439)
- Tangible fixed assets -€23,730
down €23,730 (-40.0%), from €59,294 to €35,564
of which Furniture and vehicles: -€18,000
- Receivables within one year +€20,866
up €20,866 (+88.2%), from €23,662 to €44,528
of which Other amounts receivable: +€23,585
- Reserves +€105,400
new in 2025: €105,400
- Trade debts +€70,439
up €70,439 (+148.3%), from €47,509 to €117,948
- Profit (loss) carried forward +€11,881
up €11,881, from -€11,795 to €86
- Gross operating margin +€164,507
up €164,507 (+1479.5%), from €11,119 to €175,626
- Taxes +€21,757
up €21,757 (+6237.7%), from €349 to €22,106
- Financial charges -€4,452
down €4,452 (-73.0%), from €6,098 to €1,646
- Financial income +€3,327
up €3,327 (+4101.9%), from €81 to €3,409
- Other operating charges +€2,664
up €2,664 (+22.9%), from €11,608 to €14,272
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 | €991,513 | €1,178,769 | +€187,256 | +18.9% |
| Fixed assets | 21/28 | €62,669 | €35,564 | -€27,105 | -43.3% |
| Tangible fixed assets | 22/27 | €59,294 | €35,564 | -€23,730 | -40.0% |
| Plant, machinery and equipment | 23 | €3,042 | €62 | -€2,980 | -98.0% |
| Furniture and vehicles | 24 | €46,667 | €28,667 | -€18,000 | -38.6% |
| Other tangible fixed assets | 26 | €9,586 | €6,836 | -€2,750 | -28.7% |
| Financial fixed assets | 28 | €3,375 | - | -€3,375 | |
| Current assets | 29/58 | €928,844 | €1,143,205 | +€214,361 | +23.1% |
| Stocks and contracts in progress | 3 | €809,662 | €936,817 | +€127,154 | +15.7% |
| Stocks | 30/36 | €809,662 | €936,817 | +€127,154 | +15.7% |
| Amounts receivable within one year | 40/41 | €23,662 | €44,528 | +€20,866 | +88.2% |
| Trade receivables | 40 | €2,719 | - | -€2,719 | |
| Other amounts receivable | 41 | €20,944 | €44,528 | +€23,585 | +112.6% |
| Cash at bank and in hand | 54/58 | €81,210 | €159,072 | +€77,863 | +95.9% |
| Deferred charges and accrued income | 490/1 | €14,310 | €2,788 | -€11,522 | -80.5% |
| Total equity and liabilities | 10/49 | €991,513 | €1,178,769 | +€187,256 | +18.9% |
| Equity | 10/15 | €6,805 | €124,086 | +€117,281 | +1723.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €105,400 | +€105,400 | |
| Distributable reserves | 133 | - | €105,400 | +€105,400 | |
| Profit (loss) carried forward | 14 | -€11,795 | €86 | +€11,881 | |
| Amounts payable | 17/49 | €984,708 | €1,054,683 | +€69,974 | +7.1% |
| Amounts payable after more than one year | 17 | - | €2,360 | +€2,360 | |
| Trade debts | 175 | - | €2,360 | +€2,360 | |
| Amounts payable within one year | 42/48 | €984,708 | €1,052,323 | +€67,614 | +6.9% |
| Trade debts | 44 | €47,509 | €117,948 | +€70,439 | +148.3% |
| Suppliers | 440/4 | €47,509 | €117,948 | +€70,439 | +148.3% |
| Taxes, remuneration and social security | 45 | €17,221 | €23,565 | +€6,344 | +36.8% |
| Taxes | 450/3 | €13,221 | €2,315 | -€10,906 | -82.5% |
| Remuneration and social security | 454/9 | €4,000 | €21,250 | +€17,250 | +431.3% |
| Other amounts payable | 47/48 | €919,978 | €910,810 | -€9,168 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,163 | €23,730 | -€433 | -1.8% |
| Other operating charges | 640/8 | €11,608 | €14,272 | +€2,664 | +22.9% |
| Gross operating margin | 9900 | €11,119 | €175,626 | +€164,507 | +1479.5% |
| Operating profit (loss) | 9901 | -€24,652 | €137,624 | +€162,276 | |
| Financial income | 75/76B | €81 | €3,409 | +€3,327 | +4101.9% |
| Recurring financial income | 75 | €81 | €3,409 | +€3,327 | +4101.9% |
| Financial charges | 65/66B | €6,098 | €1,646 | -€4,452 | -73.0% |
| Recurring financial charges | 65 | €6,098 | €1,646 | -€4,452 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | -€30,669 | €139,387 | +€170,056 | |
| Income taxes | 67/77 | €349 | €22,106 | +€21,757 | +6237.7% |
| Profit (loss) for the period | 9904 | -€31,018 | €117,281 | +€148,299 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,018 | €117,281 | +€148,299 |
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.