RIJTOP: 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.
RIJTOP
Largest movements
- Current investments +€190,000
up €190,000 (+380%), from €50,000 to €240,000
- Cash +€42,997
up €42,997 (+92.6%), from €46,454 to €89,451
mainly Net result for the year (+€179,068) and Tax, wage and social debts (+€51,693)
- Reserves +€179,068
up €179,068 (+210%), from €85,075 to €264,143
- Tax, wage and social debts +€51,693
up €51,693 (+193%), from €26,822 to €78,515
of which Taxes: +€51,693
- Gross operating margin +€124,301
up €124,301 (+114%), from €108,928 to €233,228
- Taxes +€31,331
up €31,331 (+144%), from €21,692 to €53,023
- Financial income +€2,425
up €2,425 (+963%), from €252 to €2,676
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 | €119,216 | €350,172 | +€230,956 | +194% |
| Fixed assets | 21/28 | €8,084 | €4,668 | -€3,417 | -42.3% |
| Tangible fixed assets | 22/27 | €8,084 | €4,668 | -€3,417 | -42.3% |
| Furniture and vehicles | 24 | €8,084 | €4,668 | -€3,417 | -42.3% |
| Current assets | 29/58 | €111,131 | €345,504 | +€234,372 | +211% |
| Amounts receivable within one year | 40/41 | €14,417 | €15,667 | +€1,251 | +8.7% |
| Trade receivables | 40 | €14,417 | €15,667 | +€1,251 | +8.7% |
| Current investments | 50/53 | €50,000 | €240,000 | +€190,000 | +380% |
| Cash at bank and in hand | 54/58 | €46,454 | €89,451 | +€42,997 | +92.6% |
| Deferred charges and accrued income | 490/1 | €261 | €385 | +€124 | +47.7% |
| Total equity and liabilities | 10/49 | €119,216 | €350,172 | +€230,956 | +194% |
| Equity | 10/15 | €90,075 | €269,143 | +€179,068 | +199% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €85,075 | €264,143 | +€179,068 | +210% |
| Distributable reserves | 133 | €85,075 | €264,143 | +€179,068 | +210% |
| Amounts payable | 17/49 | €29,141 | €81,029 | +€51,887 | +178% |
| Amounts payable within one year | 42/48 | €29,141 | €81,029 | +€51,887 | +178% |
| Trade debts | 44 | €425 | €386 | -€39 | -9.1% |
| Suppliers | 440/4 | €425 | €386 | -€39 | -9.1% |
| Taxes, remuneration and social security | 45 | €26,822 | €78,515 | +€51,693 | +193% |
| Taxes | 450/3 | €25,822 | €77,515 | +€51,693 | +200% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €1,894 | €2,127 | +€233 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,166 | €3,417 | +€1,251 | +57.8% |
| Other operating charges | 640/8 | €245 | €309 | +€64 | +26.1% |
| Gross operating margin | 9900 | €108,928 | €233,228 | +€124,301 | +114% |
| Operating profit (loss) | 9901 | €106,517 | €229,502 | +€122,986 | +115% |
| Financial income | 75/76B | €252 | €2,676 | +€2,425 | +963% |
| Recurring financial income | 75 | €252 | €2,676 | +€2,425 | +963% |
| Financial charges | 65/66B | €3 | €88 | +€85 | +3,403% |
| Recurring financial charges | 65 | €3 | €88 | +€85 | +3,403% |
| Profit (loss) for the period before taxes | 9903 | €106,766 | €232,091 | +€125,325 | +117% |
| Income taxes | 67/77 | €21,692 | €53,023 | +€31,331 | +144% |
| Profit (loss) for the period | 9904 | €85,075 | €179,068 | +€93,994 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €85,075 | €179,068 | +€93,994 | +110% |
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 18 October 2026 via checked.be.