RIKSTRANS: 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.
RIKSTRANS
Largest movements
- Tangible fixed assets +€841,348
up €841,348 (+80.8%), from €1.0m to €1.9m
of which Leasing and similar rights: +€1.1m
- Receivables within one year +€631,262
up €631,262 (+33.4%), from €1.9m to €2.5m
of which Other amounts receivable: +€335,196
- Cash -€239,316
down €239,316 (-65.6%), from €364,637 to €125,322
mainly Investment in fixed assets (net) (-€1.1m) and Receivables within one year (-€631,262)
- Debts after one year +€662,936
up €662,936 (+130%), from €509,441 to €1.2m
- Profit (loss) carried forward +€304,954
up €304,954 (+25.1%), from €1.2m to €1.5m
- Current portion of long-term debt +€271,292
up €271,292 (+523%), from €51,868 to €323,160
- Other debts -€99,862
down €99,862 (-27.8%), from €359,862 to €260,000
- Short-term financial debts +€58,668
new in 2025: €58,668
- Gross operating margin +€532,008
up €532,008 (+22.5%), from €2.4m to €2.9m
- Staff costs +€148,662
up €148,662 (+9.2%), from €1.6m to €1.8m
- Taxes +€101,756
up €101,756 (+726%), from €14,009 to €115,765
- Other operating charges +€35,657
up €35,657 (+32.0%), from €111,468 to €147,125
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 | €3,330,128 | €4,572,264 | +€1.2m | +37.3% |
| Fixed assets | 21/28 | €1,041,612 | €1,882,959 | +€841,348 | +80.8% |
| Tangible fixed assets | 22/27 | €1,041,602 | €1,882,949 | +€841,348 | +80.8% |
| Furniture and vehicles | 24 | €455,936 | €241,208 | -€214,728 | -47.1% |
| Leasing and similar rights | 25 | €585,666 | €1,641,742 | +€1.1m | +180% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €2,288,516 | €2,689,305 | +€400,789 | +17.5% |
| Amounts receivable within one year | 40/41 | €1,892,572 | €2,523,834 | +€631,262 | +33.4% |
| Trade receivables | 40 | €397,572 | €693,638 | +€296,066 | +74.5% |
| Other amounts receivable | 41 | €1,495,000 | €1,830,196 | +€335,196 | +22.4% |
| Cash at bank and in hand | 54/58 | €364,637 | €125,322 | -€239,316 | -65.6% |
| Deferred charges and accrued income | 490/1 | €31,307 | €40,149 | +€8,842 | +28.2% |
| Total equity and liabilities | 10/49 | €3,330,128 | €4,572,264 | +€1.2m | +37.3% |
| Equity | 10/15 | €1,862,785 | €2,167,739 | +€304,954 | +16.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €633,360 | €633,360 | = | 0.0% |
| Tax-exempt reserves | 132 | €357,850 | €210,500 | -€147,350 | -41.2% |
| Distributable reserves | 133 | €275,510 | €422,860 | +€147,350 | +53.5% |
| Profit (loss) carried forward | 14 | €1,217,025 | €1,521,979 | +€304,954 | +25.1% |
| Amounts payable | 17/49 | €1,467,343 | €2,404,525 | +€937,182 | +63.9% |
| Amounts payable after more than one year | 17 | €509,441 | €1,172,378 | +€662,936 | +130% |
| Financial debts | 170/4 | €509,441 | €1,172,378 | +€662,936 | +130% |
| Amounts payable within one year | 42/48 | €957,902 | €1,232,148 | +€274,246 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €51,868 | €323,160 | +€271,292 | +523% |
| Financial debts | 43 | - | €58,668 | +€58,668 | |
| Credit institutions | 430/8 | - | €58,668 | +€58,668 | |
| Trade debts | 44 | €336,937 | €332,596 | -€4,341 | -1.3% |
| Suppliers | 440/4 | €336,937 | €332,596 | -€4,341 | -1.3% |
| Taxes, remuneration and social security | 45 | €209,235 | €257,723 | +€48,488 | +23.2% |
| Taxes | 450/3 | €60,086 | €82,795 | +€22,709 | +37.8% |
| Remuneration and social security | 454/9 | €149,149 | €174,928 | +€25,779 | +17.3% |
| Other amounts payable | 47/48 | €359,862 | €260,000 | -€99,862 | -27.8% |
| Non-recurring operating income | 76A | €15,000 | €3,582 | -€11,418 | -76.1% |
| Remuneration, social security and pensions | 62 | €1,619,344 | €1,768,006 | +€148,662 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €265,625 | €292,313 | +€26,688 | +10.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,325 | -€990 | -€9,315 | |
| Other operating charges | 640/8 | €111,468 | €147,125 | +€35,657 | +32.0% |
| Gross operating margin | 9900 | €2,363,463 | €2,895,471 | +€532,008 | +22.5% |
| Operating profit (loss) | 9901 | €358,701 | €689,017 | +€330,316 | +92.1% |
| Financial income | 75/76B | €6,290 | €34,309 | +€28,018 | +445% |
| Recurring financial income | 75 | €6,290 | €34,309 | +€28,018 | +445% |
| Financial charges | 65/66B | €20,737 | €42,607 | +€21,870 | +105% |
| Recurring financial charges | 65 | €20,737 | €42,607 | +€21,870 | +105% |
| Profit (loss) for the period before taxes | 9903 | €344,254 | €680,719 | +€336,465 | +97.7% |
| Income taxes | 67/77 | €14,009 | €115,765 | +€101,756 | +726% |
| Profit (loss) for the period | 9904 | €330,245 | €564,954 | +€234,709 | +71.1% |
| Transfer from tax-exempt reserves | 789 | €273,650 | €147,350 | -€126,300 | -46.2% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €603,895 | €712,304 | +€108,409 | +18.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.