RIKAR: 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.
RIKAR
Largest movements
- Cash -€66,075
down €66,075 (-61.5%), from €107,356 to €41,282
mainly Contributions, distributions and other (-€101,000) and Receivables within one year (-€29,784)
- Receivables within one year +€29,784
up €29,784 (+167%), from €17,827 to €47,610
of which Trade receivables: +€35,811
- Reserves -€101,457
down €101,457 (-100%), from €101,457 to €0
- Other debts +€79,322
up €79,322 (+218,519%), from €36 to €79,359
- Tax, wage and social debts -€8,356
down €8,356 (-42.7%), from €19,547 to €11,192
of which Taxes: -€8,356
- Profit (loss) carried forward -€5,642
new in 2025: -€5,642
- Financial charges +€40,439
up €40,439 (+47,077%), from €86 to €40,525
- Taxes -€8,598
down €8,598 (-100%), from €8,598 to €0
- Gross operating margin -€7,477
down €7,477 (-17.3%), from €43,280 to €35,803
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 | €125,501 | €89,031 | -€36,470 | -29.1% |
| Fixed assets | 21/28 | €318 | €139 | -€179 | -56.3% |
| Tangible fixed assets | 22/27 | €318 | €139 | -€179 | -56.3% |
| Furniture and vehicles | 24 | €318 | €139 | -€179 | -56.3% |
| Current assets | 29/58 | €125,183 | €88,892 | -€36,291 | -29.0% |
| Amounts receivable within one year | 40/41 | €17,827 | €47,610 | +€29,784 | +167% |
| Trade receivables | 40 | €11,759 | €47,571 | +€35,811 | +305% |
| Other amounts receivable | 41 | €6,067 | €40 | -€6,028 | -99.3% |
| Cash at bank and in hand | 54/58 | €107,356 | €41,282 | -€66,075 | -61.5% |
| Total equity and liabilities | 10/49 | €125,501 | €89,031 | -€36,470 | -29.1% |
| Equity | 10/15 | €105,457 | -€1,642 | -€107,099 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €101,457 | €0 | -€101,457 | -100% |
| Distributable reserves | 133 | €101,457 | €0 | -€101,457 | -100% |
| Profit (loss) carried forward | 14 | - | -€5,642 | -€5,642 | |
| Amounts payable | 17/49 | €20,044 | €90,673 | +€70,629 | +352% |
| Amounts payable within one year | 42/48 | €20,044 | €90,673 | +€70,629 | +352% |
| Trade debts | 44 | €460 | €122 | -€338 | -73.4% |
| Suppliers | 440/4 | €460 | €122 | -€338 | -73.4% |
| Taxes, remuneration and social security | 45 | €19,547 | €11,192 | -€8,356 | -42.7% |
| Taxes | 450/3 | €17,147 | €8,792 | -€8,356 | -48.7% |
| Remuneration and social security | 454/9 | €2,400 | €2,400 | = | 0.0% |
| Other amounts payable | 47/48 | €36 | €79,359 | +€79,322 | +218,519% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179 | €179 | = | 0.0% |
| Other operating charges | 640/8 | €1,187 | €1,500 | +€313 | +26.4% |
| Gross operating margin | 9900 | €43,280 | €35,803 | -€7,477 | -17.3% |
| Operating profit (loss) | 9901 | €41,914 | €34,124 | -€7,791 | -18.6% |
| Financial income | 75/76B | €270 | €302 | +€32 | +11.8% |
| Recurring financial income | 75 | €270 | €302 | +€32 | +11.8% |
| Financial charges | 65/66B | €86 | €40,525 | +€40,439 | +47,077% |
| Recurring financial charges | 65 | €86 | €40,525 | +€40,439 | +47,077% |
| Profit (loss) for the period before taxes | 9903 | €42,099 | -€6,099 | -€48,198 | |
| Income taxes | 67/77 | €8,598 | €0 | -€8,598 | -100% |
| Profit (loss) for the period | 9904 | €33,501 | -€6,099 | -€39,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,501 | -€6,099 | -€39,600 |
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.