RIJA.ITALIA: 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.
RIJA.ITALIA
Largest movements
- Cash +€58,785
up €58,785 (+10.9%), from €540,877 to €599,663
mainly Net result for the year (+€53,759) and Depreciation (+€13,356)
- Tangible fixed assets -€11,577
down €11,577 (-29.3%), from €39,566 to €27,989
of which Land and buildings: -€7,031
- Reserves +€53,759
up €53,759 (+17.3%), from €310,916 to €364,675
- Debts after one year -€9,002
down €9,002 (-32.4%), from €27,814 to €18,812
- Staff costs -€8,324
down €8,324 (-9.2%), from €90,360 to €82,036
- Gross operating margin -€4,846
down €4,846 (-2.5%), from €195,191 to €190,345
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 | €597,578 | €646,129 | +€48,552 | +8.1% |
| Fixed assets | 21/28 | €39,566 | €27,989 | -€11,577 | -29.3% |
| Tangible fixed assets | 22/27 | €39,566 | €27,989 | -€11,577 | -29.3% |
| Land and buildings | 22 | €26,366 | €19,335 | -€7,031 | -26.7% |
| Plant, machinery and equipment | 23 | €1,920 | €1,208 | -€713 | -37.1% |
| Other tangible fixed assets | 26 | €11,280 | €7,446 | -€3,834 | -34.0% |
| Current assets | 29/58 | €558,012 | €618,140 | +€60,129 | +10.8% |
| Stocks and contracts in progress | 3 | €9,206 | €6,624 | -€2,581 | -28.0% |
| Stocks | 30/36 | €9,206 | €6,624 | -€2,581 | -28.0% |
| Amounts receivable within one year | 40/41 | €7,143 | €11,042 | +€3,899 | +54.6% |
| Trade receivables | 40 | €1,480 | €379 | -€1,101 | -74.4% |
| Other amounts receivable | 41 | €5,663 | €10,663 | +€5,000 | +88.3% |
| Cash at bank and in hand | 54/58 | €540,877 | €599,663 | +€58,785 | +10.9% |
| Deferred charges and accrued income | 490/1 | €785 | €812 | +€26 | +3.3% |
| Total equity and liabilities | 10/49 | €597,578 | €646,129 | +€48,552 | +8.1% |
| Equity | 10/15 | €411,612 | €465,371 | +€53,759 | +13.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €310,916 | €364,675 | +€53,759 | +17.3% |
| Distributable reserves | 133 | €310,916 | €364,675 | +€53,759 | +17.3% |
| Profit (loss) carried forward | 14 | €94,496 | €94,496 | = | 0.0% |
| Amounts payable | 17/49 | €185,965 | €180,758 | -€5,207 | -2.8% |
| Amounts payable after more than one year | 17 | €27,814 | €18,812 | -€9,002 | -32.4% |
| Financial debts | 170/4 | €27,814 | €18,812 | -€9,002 | -32.4% |
| Amounts payable within one year | 42/48 | €158,151 | €161,946 | +€3,794 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €49,115 | €51,305 | +€2,190 | +4.5% |
| Trade debts | 44 | €4,340 | €1,756 | -€2,584 | -59.5% |
| Suppliers | 440/4 | €4,340 | €1,756 | -€2,584 | -59.5% |
| Taxes, remuneration and social security | 45 | €16,109 | €15,983 | -€126 | -0.8% |
| Taxes | 450/3 | €7,663 | €13,627 | +€5,964 | +77.8% |
| Remuneration and social security | 454/9 | €8,446 | €2,356 | -€6,090 | -72.1% |
| Other amounts payable | 47/48 | €88,587 | €92,901 | +€4,314 | +4.9% |
| Remuneration, social security and pensions | 62 | €90,360 | €82,036 | -€8,324 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,284 | €13,356 | -€927 | -6.5% |
| Other operating charges | 640/8 | €2,268 | €2,677 | +€410 | +18.1% |
| Gross operating margin | 9900 | €195,191 | €190,345 | -€4,846 | -2.5% |
| Operating profit (loss) | 9901 | €88,280 | €92,275 | +€3,996 | +4.5% |
| Financial income | 75/76B | €40 | €3 | -€37 | -92.6% |
| Recurring financial income | 75 | €40 | €3 | -€37 | -92.6% |
| Financial charges | 65/66B | €13,353 | €12,738 | -€615 | -4.6% |
| Recurring financial charges | 65 | €13,353 | €12,738 | -€615 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €74,967 | €79,540 | +€4,573 | +6.1% |
| Income taxes | 67/77 | €24,337 | €25,781 | +€1,444 | +5.9% |
| Profit (loss) for the period | 9904 | €50,630 | €53,759 | +€3,129 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,630 | €53,759 | +€3,129 | +6.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.