RIGO PROPERTY GROUP: 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.
RIGO PROPERTY GROUP
Largest movements
- Tangible fixed assets +€1.5m
up €1.5m (+616%), from €247,954 to €1.8m
- Cash -€63,886
down €63,886 (-86.4%), from €73,967 to €10,081
mainly Investment in fixed assets (net) (-€1.7m) and Net result for the year (-€109,010)
- Receivables within one year +€26,302
up €26,302 (+1,347%), from €1,953 to €28,255
- Debts after one year +€434,780
up €434,780 (+5,506%), from €7,896 to €442,676
of which Financial debts: +€432,104
- Reserves +€386,225
up €386,225 (+393%), from €98,244 to €484,469
of which Distributable reserves: +€215,813
- Other debts +€255,412
up €255,412 (+195%), from €130,715 to €386,127
- Contributions +€234,460
up €234,460 (+126%), from €186,000 to €420,460
- Provisions +€87,084
up €87,084 (+202%), from €43,129 to €130,213
- Depreciation +€119,542
up €119,542 (+1,235%), from €9,679 to €129,221
- Gross operating margin +€17,287
up €17,287 (+59.8%), from €28,897 to €46,184
- Financial charges +€10,107
up €10,107 (+1,185%), from €853 to €10,960
- Other operating charges +€5,854
up €5,854 (+9,175%), from €64 to €5,917
- Taxes +€5,108
up €5,108 (+76.7%), from €6,660 to €11,768
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 | €667,570 | €2,145,147 | +€1.5m | +221% |
| Fixed assets | 21/28 | €247,954 | €1,777,013 | +€1.5m | +617% |
| Tangible fixed assets | 22/27 | €247,954 | €1,776,157 | +€1.5m | +616% |
| Land and buildings | 22 | €247,954 | €1,776,157 | +€1.5m | +616% |
| Financial fixed assets | 28 | - | €856 | +€856 | |
| Current assets | 29/58 | €419,616 | €368,135 | -€51,481 | -12.3% |
| Amounts receivable after more than one year | 29 | €308,000 | €308,000 | = | 0.0% |
| Other amounts receivable | 291 | €308,000 | €308,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,953 | €28,255 | +€26,302 | +1,347% |
| Other amounts receivable | 41 | €1,953 | €28,255 | +€26,302 | +1,347% |
| Current investments | 50/53 | €34,151 | €20,460 | -€13,691 | -40.1% |
| Cash at bank and in hand | 54/58 | €73,967 | €10,081 | -€63,886 | -86.4% |
| Deferred charges and accrued income | 490/1 | €1,545 | €1,339 | -€205 | -13.3% |
| Total equity and liabilities | 10/49 | €667,570 | €2,145,147 | +€1.5m | +221% |
| Equity | 10/15 | €455,654 | €1,122,817 | +€667,163 | +146% |
| Contributions | 10/11 | €186,000 | €420,460 | +€234,460 | +126% |
| Capital | 10 | €186,000 | €420,460 | +€234,460 | +126% |
| Issued capital | 100 | €186,000 | €420,460 | +€234,460 | +126% |
| Reserves | 13 | €98,244 | €484,469 | +€386,225 | +393% |
| Non-distributable reserves | 130/1 | €14,486 | €27,768 | +€13,283 | +91.7% |
| Legal reserve | 130 | €14,486 | €27,768 | +€13,283 | +91.7% |
| Tax-exempt reserves | 132 | €83,758 | €240,888 | +€157,130 | +188% |
| Distributable reserves | 133 | - | €215,813 | +€215,813 | |
| Profit (loss) carried forward | 14 | €171,410 | €217,888 | +€46,477 | +27.1% |
| Provisions and deferred taxes | 16 | €43,129 | €130,213 | +€87,084 | +202% |
| Deferred taxes | 168 | €43,129 | €130,213 | +€87,084 | +202% |
| Amounts payable | 17/49 | €168,788 | €892,118 | +€723,331 | +429% |
| Amounts payable after more than one year | 17 | €7,896 | €442,676 | +€434,780 | +5,506% |
| Financial debts | 170/4 | €7,896 | €440,000 | +€432,104 | +5,472% |
| Other amounts payable | 178/9 | - | €2,676 | +€2,676 | |
| Amounts payable within one year | 42/48 | €160,891 | €449,442 | +€288,551 | +179% |
| Current portion of amounts payable after more than one year | 42 | €23,426 | €7,897 | -€15,530 | -66.3% |
| Trade debts | 44 | - | €48,668 | +€48,668 | |
| Suppliers | 440/4 | - | €48,668 | +€48,668 | |
| Taxes, remuneration and social security | 45 | €6,750 | €6,750 | = | 0.0% |
| Taxes | 450/3 | €6,750 | €6,750 | = | 0.0% |
| Other amounts payable | 47/48 | €130,715 | €386,127 | +€255,412 | +195% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,679 | €129,221 | +€119,542 | +1,235% |
| Other operating charges | 640/8 | €64 | €5,917 | +€5,854 | +9,175% |
| Gross operating margin | 9900 | €28,897 | €46,184 | +€17,287 | +59.8% |
| Operating profit (loss) | 9901 | €19,154 | -€88,955 | -€108,108 | |
| Financial income | 75/76B | €149 | €363 | +€214 | +144% |
| Recurring financial income | 75 | €149 | €363 | +€214 | +144% |
| Financial charges | 65/66B | €853 | €10,960 | +€10,107 | +1,185% |
| Recurring financial charges | 65 | €853 | €10,960 | +€10,107 | +1,185% |
| Profit (loss) for the period before taxes | 9903 | €18,450 | -€99,552 | -€118,001 | |
| Transfer from deferred taxes | 780 | €2,310 | €2,310 | = | 0.0% |
| Income taxes | 67/77 | €6,660 | €11,768 | +€5,108 | +76.7% |
| Profit (loss) for the period | 9904 | €14,099 | -€109,010 | -€123,109 | |
| Transfer from tax-exempt reserves | 789 | €4,485 | €4,485 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,584 | -€104,525 | -€123,109 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.