RIKTRANS: 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.
RIKTRANS
Largest movements
- Tangible fixed assets +€646,695
up €646,695 (+33.0%), from €2.0m to €2.6m
of which Leasing and similar rights: +€782,615
- Cash -€196,247
down €196,247 (-24.3%), from €807,250 to €611,003
mainly Investment in fixed assets (net) (-€1.2m) and Contributions, distributions and other (-€494,379)
- Current investments +€147,000
up €147,000 (+72.4%), from €203,000 to €350,000
- Receivables within one year +€141,451
up €141,451 (+22.0%), from €642,682 to €784,132
of which Trade receivables: +€180,571
- Debts after one year +€409,975
up €409,975 (+43.4%), from €944,763 to €1.4m
of which Financial debts: +€409,099
- Current portion of long-term debt +€161,427
up €161,427 (+59.9%), from €269,348 to €430,775
- Reserves +€75,563
up €75,563 (+4.0%), from €1.9m to €2.0m
of which Distributable reserves: +€75,563
- Tax, wage and social debts +€64,126
up €64,126 (+37.5%), from €171,143 to €235,269
of which Remuneration and social security: +€34,100
- Trade debts +€48,576
up €48,576 (+22.5%), from €215,721 to €264,297
- Gross operating margin +€318,862
up €318,862 (+14.1%), from €2.3m to €2.6m
- Staff costs +€104,404
up €104,404 (+9.7%), from €1.1m to €1.2m
- Depreciation +€97,561
up €97,561 (+22.5%), from €433,901 to €531,462
- Taxes +€30,168
up €30,168 (+15.0%), from €201,325 to €231,493
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 | €3,723,980 | €4,487,824 | +€763,844 | +20.5% |
| Fixed assets | 21/28 | €1,962,857 | €2,609,552 | +€646,695 | +32.9% |
| Tangible fixed assets | 22/27 | €1,957,738 | €2,604,433 | +€646,695 | +33.0% |
| Land and buildings | 22 | €189,278 | €177,351 | -€11,927 | -6.3% |
| Plant, machinery and equipment | 23 | €154,416 | €124,426 | -€29,990 | -19.4% |
| Furniture and vehicles | 24 | €566,804 | €531,449 | -€35,356 | -6.2% |
| Leasing and similar rights | 25 | €658,765 | €1,441,381 | +€782,615 | +118.8% |
| Other tangible fixed assets | 26 | €388,475 | €329,827 | -€58,647 | -15.1% |
| Financial fixed assets | 28 | €5,119 | €5,119 | = | 0.0% |
| Current assets | 29/58 | €1,761,123 | €1,878,272 | +€117,149 | +6.7% |
| Amounts receivable within one year | 40/41 | €642,682 | €784,132 | +€141,451 | +22.0% |
| Trade receivables | 40 | €577,269 | €757,840 | +€180,571 | +31.3% |
| Other amounts receivable | 41 | €65,413 | €26,293 | -€39,120 | -59.8% |
| Current investments | 50/53 | €203,000 | €350,000 | +€147,000 | +72.4% |
| Cash at bank and in hand | 54/58 | €807,250 | €611,003 | -€196,247 | -24.3% |
| Deferred charges and accrued income | 490/1 | €108,192 | €133,137 | +€24,945 | +23.1% |
| Total equity and liabilities | 10/49 | €3,723,980 | €4,487,824 | +€763,844 | +20.5% |
| Equity | 10/15 | €1,915,300 | €1,990,863 | +€75,563 | +3.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,890,300 | €1,965,863 | +€75,563 | +4.0% |
| Tax-exempt reserves | 132 | €135,697 | €135,697 | = | 0.0% |
| Distributable reserves | 133 | €1,754,602 | €1,830,165 | +€75,563 | +4.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,808,680 | €2,496,961 | +€688,281 | +38.1% |
| Amounts payable after more than one year | 17 | €944,763 | €1,354,738 | +€409,975 | +43.4% |
| Financial debts | 170/4 | €922,308 | €1,331,408 | +€409,099 | +44.4% |
| Other amounts payable | 178/9 | €22,455 | €23,331 | +€876 | +3.9% |
| Amounts payable within one year | 42/48 | €699,261 | €976,198 | +€276,936 | +39.6% |
| Current portion of amounts payable after more than one year | 42 | €269,348 | €430,775 | +€161,427 | +59.9% |
| Trade debts | 44 | €215,721 | €264,297 | +€48,576 | +22.5% |
| Suppliers | 440/4 | €215,721 | €264,297 | +€48,576 | +22.5% |
| Taxes, remuneration and social security | 45 | €171,143 | €235,269 | +€64,126 | +37.5% |
| Taxes | 450/3 | €56,240 | €86,266 | +€30,026 | +53.4% |
| Remuneration and social security | 454/9 | €114,903 | €149,003 | +€34,100 | +29.7% |
| Other amounts payable | 47/48 | €43,049 | €45,856 | +€2,807 | +6.5% |
| Accrued charges and deferred income | 492/3 | €164,657 | €166,025 | +€1,369 | +0.8% |
| Remuneration, social security and pensions | 62 | €1,080,573 | €1,184,976 | +€104,404 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €433,901 | €531,462 | +€97,561 | +22.5% |
| Other operating charges | 640/8 | €19,139 | €22,556 | +€3,418 | +17.9% |
| Gross operating margin | 9900 | €2,268,416 | €2,587,277 | +€318,862 | +14.1% |
| Operating profit (loss) | 9901 | €734,803 | €848,283 | +€113,480 | +15.4% |
| Financial income | 75/76B | €11,539 | €9,446 | -€2,094 | -18.1% |
| Recurring financial income | 75 | €11,539 | €9,446 | -€2,094 | -18.1% |
| Financial charges | 65/66B | €45,386 | €56,293 | +€10,907 | +24.0% |
| Recurring financial charges | 65 | €45,386 | €56,293 | +€10,907 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | €700,957 | €801,435 | +€100,479 | +14.3% |
| Income taxes | 67/77 | €201,325 | €231,493 | +€30,168 | +15.0% |
| Profit (loss) for the period | 9904 | €499,631 | €569,943 | +€70,311 | +14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €499,631 | €569,943 | +€70,311 | +14.1% |
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 12 October 2026 via checked.be.