RIGO Frédéric: 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.
RIGO Frédéric
Largest movements
- Receivables within one year +€192,682
up €192,682 (+28.3%), from €681,108 to €873,789
of which Trade receivables: +€193,151
- Intangible fixed assets -€56,669
down €56,669 (-16.5%), from €343,337 to €286,669
- Cash +€48,578
up €48,578 (+18.0%), from €269,987 to €318,565
mainly Net result for the year (+€145,474) and Tax, wage and social debts (+€118,626)
- Tax, wage and social debts +€118,626
up €118,626 (+380.4%), from €31,188 to €149,814
of which Taxes: +€111,422
- Profit (loss) carried forward +€98,474
up €98,474 (+30.8%), from €319,955 to €418,430
- Debts after one year -€52,500
down €52,500 (-13.1%), from €399,375 to €346,875
- Other debts -€23,856
down €23,856 (-20.3%), from €117,336 to €93,480
- Gross operating margin +€145,778
up €145,778 (+66.7%), from €218,450 to €364,228
- Taxes +€36,055
up €36,055 (+327.1%), from €11,022 to €47,076
- Staff costs +€12,047
up €12,047 (+23.2%), from €52,021 to €64,068
- Depreciation -€10,508
down €10,508 (-11.8%), from €89,293 to €78,785
- Other operating charges +€5,127
up €5,127 (+191.0%), from €2,684 to €7,811
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,632,349 | €1,786,977 | +€154,628 | +9.5% |
| Fixed assets | 21/28 | €470,146 | €400,782 | -€69,364 | -14.8% |
| Intangible fixed assets | 21 | €343,337 | €286,669 | -€56,669 | -16.5% |
| Tangible fixed assets | 22/27 | €126,583 | €113,888 | -€12,695 | -10.0% |
| Land and buildings | 22 | €61,365 | €62,991 | +€1,625 | +2.6% |
| Plant, machinery and equipment | 23 | €62,309 | €42,820 | -€19,489 | -31.3% |
| Furniture and vehicles | 24 | €2,908 | €8,077 | +€5,169 | +177.7% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €1,162,203 | €1,386,195 | +€223,992 | +19.3% |
| Stocks and contracts in progress | 3 | €204,299 | €189,359 | -€14,940 | -7.3% |
| Stocks | 30/36 | €204,299 | €189,359 | -€14,940 | -7.3% |
| Amounts receivable within one year | 40/41 | €681,108 | €873,789 | +€192,682 | +28.3% |
| Trade receivables | 40 | €680,638 | €873,789 | +€193,151 | +28.4% |
| Other amounts receivable | 41 | €470 | - | -€470 | |
| Cash at bank and in hand | 54/58 | €269,987 | €318,565 | +€48,578 | +18.0% |
| Deferred charges and accrued income | 490/1 | €6,810 | €4,481 | -€2,328 | -34.2% |
| Total equity and liabilities | 10/49 | €1,632,349 | €1,786,977 | +€154,628 | +9.5% |
| Equity | 10/15 | €340,415 | €438,890 | +€98,474 | +28.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €319,955 | €418,430 | +€98,474 | +30.8% |
| Amounts payable | 17/49 | €1,291,933 | €1,348,088 | +€56,154 | +4.3% |
| Amounts payable after more than one year | 17 | €399,375 | €346,875 | -€52,500 | -13.1% |
| Financial debts | 170/4 | €399,375 | €346,875 | -€52,500 | -13.1% |
| Amounts payable within one year | 42/48 | €892,558 | €1,001,213 | +€108,654 | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €302,500 | €302,500 | = | 0.0% |
| Trade debts | 44 | €441,534 | €455,418 | +€13,884 | +3.1% |
| Suppliers | 440/4 | €441,534 | €455,418 | +€13,884 | +3.1% |
| Taxes, remuneration and social security | 45 | €31,188 | €149,814 | +€118,626 | +380.4% |
| Taxes | 450/3 | €25,518 | €136,941 | +€111,422 | +436.6% |
| Remuneration and social security | 454/9 | €5,670 | €12,874 | +€7,204 | +127.1% |
| Other amounts payable | 47/48 | €117,336 | €93,480 | -€23,856 | -20.3% |
| Remuneration, social security and pensions | 62 | €52,021 | €64,068 | +€12,047 | +23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,293 | €78,785 | -€10,508 | -11.8% |
| Other operating charges | 640/8 | €2,684 | €7,811 | +€5,127 | +191.0% |
| Gross operating margin | 9900 | €218,450 | €364,228 | +€145,778 | +66.7% |
| Operating profit (loss) | 9901 | €74,451 | €213,564 | +€139,112 | +186.8% |
| Financial income | 75/76B | €0 | €17 | +€17 | +171500.0% |
| Recurring financial income | 75 | €0 | €17 | +€17 | +171500.0% |
| Financial charges | 65/66B | €22,190 | €21,030 | -€1,160 | -5.2% |
| Recurring financial charges | 65 | €22,190 | €21,030 | -€1,160 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €52,261 | €192,551 | +€140,289 | +268.4% |
| Income taxes | 67/77 | €11,022 | €47,076 | +€36,055 | +327.1% |
| Profit (loss) for the period | 9904 | €41,240 | €145,474 | +€104,234 | +252.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,240 | €145,474 | +€104,234 | +252.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.