RIKSO: 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.
RIKSO
Largest movements
- Tangible fixed assets +€81,823
up €81,823 (+11.3%), from €722,944 to €804,767
of which Land and buildings: +€91,984
- Receivables within one year -€32,662
down €32,662 (-69.0%), from €47,353 to €14,692
of which Trade receivables: -€34,258
- Other debts +€187,974
up €187,974 (+35.9%), from €523,935 to €711,909
- Profit (loss) carried forward -€69,508
down €69,508 (-10.8%), from -€644,101 to -€713,608
- Trade debts -€43,562
down €43,562 (-95.3%), from €45,688 to €2,126
- Debts after one year -€18,687
down €18,687 (-4.0%), from €472,334 to €453,647
of which Financial debts: -€18,687
- Current portion of long-term debt -€10,466
down €10,466 (-35.9%), from €29,153 to €18,687
- Depreciation -€20,121
down €20,121 (-19.8%), from €101,591 to €81,471
- Gross operating margin -€8,951
down €8,951 (-28.2%), from €31,747 to €22,796
- Other operating charges -€3,366
down €3,366 (-44.7%), from €7,537 to €4,171
- Financial charges -€2,115
down €2,115 (-24.0%), from €8,813 to €6,699
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €780,187 | €823,955 | +€43,769 | +5.6% |
| Fixed assets | 21/28 | €722,944 | €804,767 | +€81,823 | +11.3% |
| Tangible fixed assets | 22/27 | €722,944 | €804,767 | +€81,823 | +11.3% |
| Land and buildings | 22 | €625,100 | €717,084 | +€91,984 | +14.7% |
| Plant, machinery and equipment | 23 | €74,894 | €64,733 | -€10,161 | -13.6% |
| Furniture and vehicles | 24 | €22,950 | €22,950 | = | 0.0% |
| Current assets | 29/58 | €57,243 | €19,189 | -€38,054 | -66.5% |
| Amounts receivable within one year | 40/41 | €47,353 | €14,692 | -€32,662 | -69.0% |
| Trade receivables | 40 | €46,974 | €12,715 | -€34,258 | -72.9% |
| Other amounts receivable | 41 | €379 | €1,976 | +€1,597 | +420.8% |
| Cash at bank and in hand | 54/58 | €7,869 | €2,395 | -€5,474 | -69.6% |
| Deferred charges and accrued income | 490/1 | €2,021 | €2,102 | +€81 | +4.0% |
| Total equity and liabilities | 10/49 | €780,187 | €823,955 | +€43,769 | +5.6% |
| Equity | 10/15 | -€294,943 | -€364,451 | -€69,508 | -23.6% |
| Contributions | 10/11 | €347,051 | €347,051 | = | 0.0% |
| Capital | 10 | €347,051 | €347,051 | = | 0.0% |
| Issued capital | 100 | €347,051 | €347,051 | = | 0.0% |
| Reserves | 13 | €2,107 | €2,107 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,795 | €1,795 | = | 0.0% |
| Legal reserve | 130 | €1,795 | €1,795 | = | 0.0% |
| Tax-exempt reserves | 132 | €311 | €311 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€644,101 | -€713,608 | -€69,508 | -10.8% |
| Amounts payable | 17/49 | €1,075,130 | €1,188,406 | +€113,276 | +10.5% |
| Amounts payable after more than one year | 17 | €472,334 | €453,647 | -€18,687 | -4.0% |
| Financial debts | 170/4 | €466,385 | €447,698 | -€18,687 | -4.0% |
| Other amounts payable | 178/9 | €5,949 | €5,949 | = | 0.0% |
| Amounts payable within one year | 42/48 | €602,295 | €734,258 | +€131,963 | +21.9% |
| Current portion of amounts payable after more than one year | 42 | €29,153 | €18,687 | -€10,466 | -35.9% |
| Trade debts | 44 | €45,688 | €2,126 | -€43,562 | -95.3% |
| Suppliers | 440/4 | €45,688 | €2,126 | -€43,562 | -95.3% |
| Taxes, remuneration and social security | 45 | €3,519 | €1,536 | -€1,983 | -56.3% |
| Taxes | 450/3 | €3,519 | €1,536 | -€1,983 | -56.3% |
| Other amounts payable | 47/48 | €523,935 | €711,909 | +€187,974 | +35.9% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,591 | €81,471 | -€20,121 | -19.8% |
| Other operating charges | 640/8 | €7,537 | €4,171 | -€3,366 | -44.7% |
| Gross operating margin | 9900 | €31,747 | €22,796 | -€8,951 | -28.2% |
| Operating profit (loss) | 9901 | -€77,382 | -€62,845 | +€14,536 | +18.8% |
| Financial income | 75/76B | €22 | €36 | +€14 | +63.5% |
| Recurring financial income | 75 | €22 | €36 | +€14 | +63.5% |
| Financial charges | 65/66B | €8,813 | €6,699 | -€2,115 | -24.0% |
| Recurring financial charges | 65 | €8,813 | €6,699 | -€2,115 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | -€86,173 | -€69,508 | +€16,665 | +19.3% |
| Profit (loss) for the period | 9904 | -€86,173 | -€69,508 | +€16,665 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,173 | -€69,508 | +€16,665 | +19.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.