RILLAERTS PROJECTS: 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.
RILLAERTS PROJECTS
Largest movements
- Receivables within one year +€35,075
up €35,075 (+42.5%), from €82,466 to €117,541
of which Other amounts receivable: +€38,920
- Cash -€4,632
down €4,632 (-10.9%), from €42,355 to €37,723
mainly Receivables within one year (-€35,075) and Tax, wage and social debts (-€5,933)
- Reserves +€36,998
up €36,998 (+39.1%), from €94,642 to €131,640
of which Distributable reserves: +€37,098
- Tax, wage and social debts -€5,933
down €5,933 (-13.7%), from €43,178 to €37,245
- Gross operating margin -€4,329
down €4,329 (-6.9%), from €63,148 to €58,819
- Financial income +€1,987
up €1,987 (+91.7%), from €2,167 to €4,154
- Depreciation +€1,673
up €1,673 (+43.2%), from €3,870 to €5,543
- Financial charges -€1,267
down €1,267 (-21.2%), from €5,981 to €4,714
- Taxes -€703
down €703 (-4.5%), from €15,553 to €14,850
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 | €139,415 | €170,257 | +€30,842 | +22.1% |
| Formation expenses | 20 | €659 | €445 | -€214 | -32.5% |
| Fixed assets | 21/28 | €12,733 | €12,008 | -€725 | -5.7% |
| Intangible fixed assets | 21 | €212 | €188 | -€24 | -11.3% |
| Tangible fixed assets | 22/27 | €12,521 | €11,820 | -€701 | -5.6% |
| Plant, machinery and equipment | 23 | €11,814 | €11,273 | -€541 | -4.6% |
| Furniture and vehicles | 24 | €707 | €547 | -€160 | -22.6% |
| Current assets | 29/58 | €126,023 | €157,804 | +€31,781 | +25.2% |
| Stocks and contracts in progress | 3 | €902 | €1,205 | +€303 | +33.6% |
| Stocks | 30/36 | €902 | €1,205 | +€303 | +33.6% |
| Amounts receivable within one year | 40/41 | €82,466 | €117,541 | +€35,075 | +42.5% |
| Trade receivables | 40 | €25,289 | €21,444 | -€3,845 | -15.2% |
| Other amounts receivable | 41 | €57,177 | €96,097 | +€38,920 | +68.1% |
| Cash at bank and in hand | 54/58 | €42,355 | €37,723 | -€4,632 | -10.9% |
| Deferred charges and accrued income | 490/1 | €300 | €1,335 | +€1,035 | +345% |
| Total equity and liabilities | 10/49 | €139,415 | €170,257 | +€30,842 | +22.1% |
| Equity | 10/15 | €95,642 | €132,640 | +€36,998 | +38.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €94,642 | €131,640 | +€36,998 | +39.1% |
| Non-distributable reserves | 130/1 | €100 | - | -€100 | |
| Reserves not available under the articles | 1311 | €100 | - | -€100 | |
| Distributable reserves | 133 | €94,542 | €131,640 | +€37,098 | +39.2% |
| Amounts payable | 17/49 | €43,773 | €37,617 | -€6,156 | -14.1% |
| Amounts payable within one year | 42/48 | €43,773 | €37,617 | -€6,156 | -14.1% |
| Trade debts | 44 | €595 | €372 | -€223 | -37.5% |
| Suppliers | 440/4 | €595 | €372 | -€223 | -37.5% |
| Taxes, remuneration and social security | 45 | €43,178 | €37,245 | -€5,933 | -13.7% |
| Taxes | 450/3 | €43,178 | €37,245 | -€5,933 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,870 | €5,543 | +€1,673 | +43.2% |
| Other operating charges | 640/8 | €1,056 | €868 | -€188 | -17.8% |
| Gross operating margin | 9900 | €63,148 | €58,819 | -€4,329 | -6.9% |
| Operating profit (loss) | 9901 | €58,222 | €52,408 | -€5,814 | -10.0% |
| Financial income | 75/76B | €2,167 | €4,154 | +€1,987 | +91.7% |
| Recurring financial income | 75 | €2,167 | €4,154 | +€1,987 | +91.7% |
| Financial charges | 65/66B | €5,981 | €4,714 | -€1,267 | -21.2% |
| Recurring financial charges | 65 | €5,981 | €4,714 | -€1,267 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €54,408 | €51,848 | -€2,560 | -4.7% |
| Income taxes | 67/77 | €15,553 | €14,850 | -€703 | -4.5% |
| Profit (loss) for the period | 9904 | €38,855 | €36,998 | -€1,857 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,855 | €36,998 | -€1,857 | -4.8% |
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 16 October 2026 via checked.be.