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RIKI CONSTRUCT: 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.

What changed

RIKI CONSTRUCT

BE 0770.692.813
NACE 41.001, General construction of residential buildings
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€48,332
2023 · €36,116+€12,216
Equity
€31,876
2023 · €28,544+€3,332
Cash
€75
2023 · €1,906-€1,831
Balance sheet total
€135,408
2023 · €140,280-€4,872

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€7,688

    down €7,688 (-24.9%), from €30,874 to €23,186

    of which Furniture and vehicles: -€12,013

  • Receivables within one year +€4,646

    up €4,646 (+4.3%), from €107,500 to €112,146

    of which Trade receivables: +€15,548

  • Cash -€1,831

    down €1,831 (-96.0%), from €1,906 to €75

    mainly Contributions, distributions and other (-€45,000) and Trade debts (-€16,980)

Equity and liabilities
  • Trade debts -€16,980

    down €16,980 (-26.3%), from €64,585 to €47,606

  • Other debts +€9,000

    up €9,000 (+25.0%), from €36,000 to €45,000

  • Reserves +€3,332

    up €3,332 (+11.7%), from €28,544 to €31,876

Income statement
  • Gross operating margin +€24,048

    up €24,048 (+41.7%), from €57,676 to €81,724

  • Other operating charges +€11,942

    up €11,942 (+274.0%), from €4,358 to €16,300

  • Financial charges +€7,273

    up €7,273 (+4906.9%), from €148 to €7,422

  • Staff costs -€5,575

    no longer reported in 2024 (was €5,575)

  • Financial income +€2,523

    new in 2024: €2,523

From the 2023 result to the 2024 result

effect on the 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 2023 €36,116
Gross operating margin +€24,048
Staff costs +€5,575
Depreciation +€519
Other operating charges -€11,942
Financial income +€2,523
Financial charges -€7,273
Taxes -€1,234
Result 2024 €48,332

Cash bridge derived

cash 2023 to 2024

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.

From operations +€41,713
Investment +€1,456
Financing -€45,000
Cash 2023 €1,906
Net result for the year +€48,332
Depreciation +€6,232
Receivables within one year -€4,646
Trade debts -€16,980
Tax, wage and social debts -€225
Other debts +€9,000
Investment in fixed assets (net) +€1,456
Contributions, distributions and other -€45,000
Cash 2024 €75
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €140,280 €135,408 -€4,872 -3.5%
Fixed assets 21/28 €30,874 €23,186 -€7,688 -24.9%
Tangible fixed assets 22/27 €30,874 €23,186 -€7,688 -24.9%
Plant, machinery and equipment 23 €6,474 €10,799 +€4,325 +66.8%
Furniture and vehicles 24 €24,400 €12,387 -€12,013 -49.2%
Current assets 29/58 €109,406 €112,222 +€2,816 +2.6%
Amounts receivable within one year 40/41 €107,500 €112,146 +€4,646 +4.3%
Trade receivables 40 €50,658 €66,206 +€15,548 +30.7%
Other amounts receivable 41 €56,842 €45,940 -€10,902 -19.2%
Cash at bank and in hand 54/58 €1,906 €75 -€1,831 -96.0%
Total equity and liabilities 10/49 €140,280 €135,408 -€4,872 -3.5%
Equity 10/15 €28,544 €31,876 +€3,332 +11.7%
Reserves 13 €28,544 €31,876 +€3,332 +11.7%
Distributable reserves 133 €28,544 €31,876 +€3,332 +11.7%
Amounts payable 17/49 €111,737 €103,532 -€8,205 -7.3%
Amounts payable within one year 42/48 €111,737 €103,532 -€8,205 -7.3%
Trade debts 44 €64,585 €47,606 -€16,980 -26.3%
Suppliers 440/4 €64,585 €47,606 -€16,980 -26.3%
Taxes, remuneration and social security 45 €11,152 €10,926 -€225 -2.0%
Taxes 450/3 €10,294 €10,068 -€225 -2.2%
Remuneration and social security 454/9 €858 €858 = 0.0%
Other amounts payable 47/48 €36,000 €45,000 +€9,000 +25.0%
Remuneration, social security and pensions 62 €5,575 - -€5,575
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,751 €6,232 -€519 -7.7%
Other operating charges 640/8 €4,358 €16,300 +€11,942 +274.0%
Gross operating margin 9900 €57,676 €81,724 +€24,048 +41.7%
Operating profit (loss) 9901 €40,991 €59,192 +€18,201 +44.4%
Financial income 75/76B - €2,523 +€2,523
Recurring financial income 75 - €2,523 +€2,523
Financial charges 65/66B €148 €7,422 +€7,273 +4906.9%
Recurring financial charges 65 €148 €7,422 +€7,273 +4906.9%
Profit (loss) for the period before taxes 9903 €40,843 €54,294 +€13,451 +32.9%
Income taxes 67/77 €4,727 €5,961 +€1,234 +26.1%
Profit (loss) for the period 9904 €36,116 €48,332 +€12,216 +33.8%
Profit (loss) for the period to be appropriated 9905 €36,116 €48,332 +€12,216 +33.8%

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 30 September 2026 via checked.be.