Rihonimmo: 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.
Rihonimmo
Largest movements
- Tangible fixed assets +€20,902
up €20,902 (+11.5%), from €182,245 to €203,147
of which Land and buildings: +€16,665
- Cash -€13,281
down €13,281 (-72.8%), from €18,241 to €4,961
mainly Investment in fixed assets (net) (-€36,236) and Deferred charges and accrued income (-€13,238)
- Deferred charges and accrued income +€13,238
up €13,238 (+154.2%), from €8,587 to €21,825
- Reserves +€45,227
up €45,227 (+52.0%), from €87,010 to €132,237
- Debts after one year -€11,750
down €11,750 (-6.2%), from €188,353 to €176,603
- Tax, wage and social debts -€7,448
down €7,448 (-71.7%), from €10,385 to €2,937
- Trade debts -€3,731
down €3,731 (-84.2%), from €4,431 to €700
- Gross operating margin -€14,678
down €14,678 (-16.0%), from €91,454 to €76,776
- Taxes -€4,523
down €4,523 (-27.5%), from €16,460 to €11,937
- Depreciation +€3,091
up €3,091 (+25.2%), from €12,243 to €15,335
- Financial income -€1,071
down €1,071 (-100.0%), from €1,071 to €0
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 | €306,759 | €329,227 | +€22,468 | +7.3% |
| Fixed assets | 21/28 | €182,245 | €203,147 | +€20,902 | +11.5% |
| Tangible fixed assets | 22/27 | €182,245 | €203,147 | +€20,902 | +11.5% |
| Land and buildings | 22 | €181,991 | €198,656 | +€16,665 | +9.2% |
| Plant, machinery and equipment | 23 | €254 | €2,857 | +€2,603 | +1025.3% |
| Furniture and vehicles | 24 | - | €1,634 | +€1,634 | |
| Current assets | 29/58 | €124,515 | €126,081 | +€1,566 | +1.3% |
| Amounts receivable after more than one year | 29 | €56,071 | €57,192 | +€1,121 | +2.0% |
| Other amounts receivable | 291 | €56,071 | €57,192 | +€1,121 | +2.0% |
| Amounts receivable within one year | 40/41 | €41,615 | €42,103 | +€487 | +1.2% |
| Trade receivables | 40 | €754 | €0 | -€754 | -100.0% |
| Other amounts receivable | 41 | €40,862 | €42,103 | +€1,241 | +3.0% |
| Cash at bank and in hand | 54/58 | €18,241 | €4,961 | -€13,281 | -72.8% |
| Deferred charges and accrued income | 490/1 | €8,587 | €21,825 | +€13,238 | +154.2% |
| Total equity and liabilities | 10/49 | €306,759 | €329,227 | +€22,468 | +7.3% |
| Equity | 10/15 | €92,010 | €137,237 | +€45,227 | +49.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €87,010 | €132,237 | +€45,227 | +52.0% |
| Distributable reserves | 133 | €87,010 | €132,237 | +€45,227 | +52.0% |
| Amounts payable | 17/49 | €214,749 | €191,990 | -€22,759 | -10.6% |
| Amounts payable after more than one year | 17 | €188,353 | €176,603 | -€11,750 | -6.2% |
| Financial debts | 170/4 | €188,353 | €176,603 | -€11,750 | -6.2% |
| Amounts payable within one year | 42/48 | €26,396 | €15,387 | -€11,009 | -41.7% |
| Current portion of amounts payable after more than one year | 42 | €11,580 | €11,750 | +€170 | +1.5% |
| Trade debts | 44 | €4,431 | €700 | -€3,731 | -84.2% |
| Suppliers | 440/4 | €4,431 | €700 | -€3,731 | -84.2% |
| Taxes, remuneration and social security | 45 | €10,385 | €2,937 | -€7,448 | -71.7% |
| Taxes | 450/3 | €10,385 | €2,937 | -€7,448 | -71.7% |
| Non-recurring operating income | 76A | €27,071 | €0 | -€27,071 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,243 | €15,335 | +€3,091 | +25.2% |
| Other operating charges | 640/8 | €1,245 | €1,283 | +€38 | +3.0% |
| Non-recurring operating charges | 66A | €410 | €0 | -€410 | -100.0% |
| Gross operating margin | 9900 | €91,454 | €76,776 | -€14,678 | -16.0% |
| Operating profit (loss) | 9901 | €77,555 | €60,158 | -€17,397 | -22.4% |
| Financial income | 75/76B | €1,071 | €0 | -€1,071 | -100.0% |
| Recurring financial income | 75 | €1,071 | €0 | -€1,071 | -100.0% |
| Financial charges | 65/66B | €3,291 | €2,994 | -€297 | -9.0% |
| Recurring financial charges | 65 | €3,291 | €2,994 | -€297 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €75,335 | €57,164 | -€18,171 | -24.1% |
| Income taxes | 67/77 | €16,460 | €11,937 | -€4,523 | -27.5% |
| Profit (loss) for the period | 9904 | €58,875 | €45,227 | -€13,648 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,875 | €45,227 | -€13,648 | -23.2% |
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 1 October 2026 via checked.be.