RIJOKO: 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.
What changed
RIJOKO
NACE 49.410, Freight transport by road
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€113,621
2024 · €597,987-€711,608
Equity
€4.3m
2024 · €4.4m-€113,621
Cash
€1.9m
2024 · €2.1m-€217,140
Balance sheet total
€5.7m
2024 · €6.2m-€439,181
Largest movements
Assets
- Cash -€217,140
down €217,140 (-10.4%), from €2.1m to €1.9m
mainly Tax, wage and social debts (-€130,403) and Debts after one year (-€123,559)
- Receivables after one year -€100,000
down €100,000 (-33.3%), from €300,000 to €200,000
Equity and liabilities
- Tax, wage and social debts -€130,403
down €130,403 (-99.9%), from €130,569 to €167
of which Taxes: -€127,174
- Debts after one year -€123,559
down €123,559 (-10.2%), from €1.2m to €1.1m
of which Financial debts: -€123,799
- Reserves -€113,621
down €113,621 (-2.6%), from €4.4m to €4.3m
of which Distributable reserves: -€113,621
- Current portion of long-term debt -€64,873
down €64,873 (-34.1%), from €190,462 to €125,589
Income statement
- Gross operating margin -€1.1m
down €1.1m, from €1.1m to -€44,112
- Taxes -€200,226
down €200,226 (-99.8%), from €200,591 to €365
- Staff costs -€54,576
down €54,576 (-100.0%), from €54,576 to €0
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.
Result 2024
€597,987
Gross operating margin
-€1.1m
Staff costs
+€54,576
Depreciation
-€3,261
Write-downs
-€1,370
Other operating charges
-€2,778
Other operating items
+€152,606
Financial income
+€6,383
Financial charges
+€5,006
Taxes
+€200,226
Result 2025
-€113,621
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.
From operations
-€19,440
Investment
-€9,268
Financing
-€188,432
Cash 2024
€2.1m
From operations (derived)
-€19,440
Net result for the year
-€113,621
Depreciation
+€68,410
Receivables after one year
+€100,000
Receivables within one year
+€54,001
Deferred charges and accrued income
+€8,898
Trade debts
-€6,196
Tax, wage and social debts
-€130,403
Accrued charges and deferred income
-€528
Investment (derived)
-€9,268
Investment in fixed assets (net)
-€9,268
Financing
-€188,432
Debts after one year
-€123,559
Current portion of long-term debt
-€64,873
Cash 2025
€1.9m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,174,450 | €5,735,269 | -€439,181 | -7.1% |
| Fixed assets | 21/28 | €2,728,457 | €2,669,315 | -€59,143 | -2.2% |
| Tangible fixed assets | 22/27 | €2,728,457 | €2,669,315 | -€59,143 | -2.2% |
| Land and buildings | 22 | €2,682,476 | €2,625,991 | -€56,485 | -2.1% |
| Plant, machinery and equipment | 23 | €11,747 | €18,354 | +€6,607 | +56.2% |
| Furniture and vehicles | 24 | €34,234 | €24,969 | -€9,264 | -27.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €3,445,993 | €3,065,955 | -€380,038 | -11.0% |
| Amounts receivable after more than one year | 29 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Other amounts receivable | 291 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Amounts receivable within one year | 40/41 | €1,054,555 | €1,000,554 | -€54,001 | -5.1% |
| Trade receivables | 40 | €134,361 | €74,097 | -€60,264 | -44.9% |
| Other amounts receivable | 41 | €920,193 | €926,457 | +€6,264 | +0.7% |
| Cash at bank and in hand | 54/58 | €2,082,541 | €1,865,401 | -€217,140 | -10.4% |
| Deferred charges and accrued income | 490/1 | €8,898 | €0 | -€8,898 | -100.0% |
| Total equity and liabilities | 10/49 | €6,174,450 | €5,735,269 | -€439,181 | -7.1% |
| Equity | 10/15 | €4,446,003 | €4,332,382 | -€113,621 | -2.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €4,427,411 | €4,313,790 | -€113,621 | -2.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €271,627 | €271,627 | = | 0.0% |
| Distributable reserves | 133 | €4,155,784 | €4,042,163 | -€113,621 | -2.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €152,606 | €152,606 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €152,606 | €152,606 | = | 0.0% |
| Other liabilities and charges | 164/5 | €152,606 | €152,606 | = | 0.0% |
| Amounts payable | 17/49 | €1,575,841 | €1,250,282 | -€325,560 | -20.7% |
| Amounts payable after more than one year | 17 | €1,210,476 | €1,086,917 | -€123,559 | -10.2% |
| Financial debts | 170/4 | €1,210,476 | €1,086,677 | -€123,799 | -10.2% |
| Other amounts payable | 178/9 | - | €240 | +€240 | |
| Amounts payable within one year | 42/48 | €364,837 | €163,364 | -€201,473 | -55.2% |
| Current portion of amounts payable after more than one year | 42 | €190,462 | €125,589 | -€64,873 | -34.1% |
| Trade debts | 44 | €8,548 | €2,352 | -€6,196 | -72.5% |
| Suppliers | 440/4 | €8,548 | €2,352 | -€6,196 | -72.5% |
| Taxes, remuneration and social security | 45 | €130,569 | €167 | -€130,403 | -99.9% |
| Taxes | 450/3 | €127,341 | €167 | -€127,174 | -99.9% |
| Remuneration and social security | 454/9 | €3,229 | €0 | -€3,229 | -100.0% |
| Other amounts payable | 47/48 | €35,257 | €35,257 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €528 | €0 | -€528 | -100.0% |
| Remuneration, social security and pensions | 62 | €54,576 | €0 | -€54,576 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,150 | €68,410 | +€3,261 | +5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,370 | €0 | +€1,370 | |
| Other operating charges | 640/8 | €15,799 | €18,577 | +€2,778 | +17.6% |
| Non-recurring operating charges | 66A | €152,606 | €0 | -€152,606 | -100.0% |
| Gross operating margin | 9900 | €1,078,883 | -€44,112 | -€1.1m | |
| Operating profit (loss) | 9901 | €792,123 | -€131,100 | -€923,222 | |
| Financial income | 75/76B | €23,618 | €30,001 | +€6,383 | +27.0% |
| Recurring financial income | 75 | €23,618 | €30,001 | +€6,383 | +27.0% |
| Financial charges | 65/66B | €17,163 | €12,157 | -€5,006 | -29.2% |
| Recurring financial charges | 65 | €17,163 | €12,157 | -€5,006 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €798,578 | -€113,256 | -€911,834 | |
| Income taxes | 67/77 | €200,591 | €365 | -€200,226 | -99.8% |
| Profit (loss) for the period | 9904 | €597,987 | -€113,621 | -€711,608 | |
| Profit (loss) for the period to be appropriated | 9905 | €597,987 | -€113,621 | -€711,608 |
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 11 October 2026 via checked.be.