RIGOLE-MANAGEMENT: 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.
RIGOLE-MANAGEMENT
Largest movements
- Tangible fixed assets -€47,828
down €47,828 (-7.8%), from €613,941 to €566,113
of which Furniture and vehicles: -€35,925
- Receivables within one year +€38,558
up €38,558 (+26.8%), from €144,063 to €182,621
of which Other amounts receivable: +€90,767
- Cash -€12,357
down €12,357 (-22.8%), from €54,203 to €41,845
mainly Debts after one year (-€55,459) and Receivables within one year (-€38,558)
- Debts after one year -€55,459
down €55,459 (-30.0%), from €184,567 to €129,108
- Reserves +€16,828
up €16,828 (+6.9%), from €242,827 to €259,654
- Gross operating margin +€24,479
up €24,479 (+30.8%), from €79,391 to €103,871
- Depreciation +€22,022
up €22,022 (+41.6%), from €52,967 to €74,989
- Other operating charges -€13,185
down €13,185 (-77.0%), from €17,118 to €3,933
- Financial charges +€1,818
up €1,818 (+31.6%), from €5,748 to €7,566
- Taxes +€1,536
up €1,536 (+285.4%), from €538 to €2,074
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 | €820,253 | €797,175 | -€23,078 | -2.8% |
| Fixed assets | 21/28 | €615,457 | €567,194 | -€48,262 | -7.8% |
| Intangible fixed assets | 21 | €1,516 | €1,081 | -€435 | -28.7% |
| Tangible fixed assets | 22/27 | €613,941 | €566,113 | -€47,828 | -7.8% |
| Land and buildings | 22 | €426,612 | €398,175 | -€28,438 | -6.7% |
| Plant, machinery and equipment | 23 | €12,296 | €11,483 | -€814 | -6.6% |
| Furniture and vehicles | 24 | €160,851 | €124,926 | -€35,925 | -22.3% |
| Leasing and similar rights | 25 | - | €20,908 | +€20,908 | |
| Other tangible fixed assets | 26 | €14,181 | €10,622 | -€3,559 | -25.1% |
| Current assets | 29/58 | €204,796 | €229,981 | +€25,185 | +12.3% |
| Amounts receivable within one year | 40/41 | €144,063 | €182,621 | +€38,558 | +26.8% |
| Trade receivables | 40 | €96,246 | €44,037 | -€52,208 | -54.2% |
| Other amounts receivable | 41 | €47,817 | €138,584 | +€90,767 | +189.8% |
| Cash at bank and in hand | 54/58 | €54,203 | €41,845 | -€12,357 | -22.8% |
| Deferred charges and accrued income | 490/1 | €6,530 | €5,514 | -€1,017 | -15.6% |
| Total equity and liabilities | 10/49 | €820,253 | €797,175 | -€23,078 | -2.8% |
| Equity | 10/15 | €249,027 | €265,854 | +€16,828 | +6.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €242,827 | €259,654 | +€16,828 | +6.9% |
| Distributable reserves | 133 | €242,827 | €259,654 | +€16,828 | +6.9% |
| Amounts payable | 17/49 | €571,226 | €531,321 | -€39,905 | -7.0% |
| Amounts payable after more than one year | 17 | €184,567 | €129,108 | -€55,459 | -30.0% |
| Financial debts | 170/4 | €184,567 | €129,108 | -€55,459 | -30.0% |
| Amounts payable within one year | 42/48 | €383,894 | €398,902 | +€15,008 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €66,671 | €71,852 | +€5,181 | +7.8% |
| Trade debts | 44 | €3,938 | €702 | -€3,236 | -82.2% |
| Suppliers | 440/4 | €3,938 | €702 | -€3,236 | -82.2% |
| Taxes, remuneration and social security | 45 | €533 | €6,596 | +€6,063 | +1138.2% |
| Taxes | 450/3 | €533 | €6,596 | +€6,063 | +1138.2% |
| Other amounts payable | 47/48 | €312,753 | €319,753 | +€7,000 | +2.2% |
| Accrued charges and deferred income | 492/3 | €2,765 | €3,311 | +€546 | +19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,967 | €74,989 | +€22,022 | +41.6% |
| Other operating charges | 640/8 | €17,118 | €3,933 | -€13,185 | -77.0% |
| Gross operating margin | 9900 | €79,391 | €103,871 | +€24,479 | +30.8% |
| Operating profit (loss) | 9901 | €9,306 | €24,948 | +€15,642 | +168.1% |
| Financial income | 75/76B | €496 | €1,519 | +€1,023 | +206.2% |
| Recurring financial income | 75 | €496 | €1,519 | +€1,023 | +206.2% |
| Financial charges | 65/66B | €5,748 | €7,566 | +€1,818 | +31.6% |
| Recurring financial charges | 65 | €5,748 | €7,566 | +€1,818 | +31.6% |
| Profit (loss) for the period before taxes | 9903 | €4,054 | €18,901 | +€14,848 | +366.3% |
| Income taxes | 67/77 | €538 | €2,074 | +€1,536 | +285.4% |
| Profit (loss) for the period | 9904 | €3,516 | €16,828 | +€13,312 | +378.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,516 | €16,828 | +€13,312 | +378.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.