Rimann: 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.
What changed
Rimann
NACE 43.230, Insulation installation
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€292,335
2023 · -€87,709+€380,044
Equity
€2.4m
2023 · €2.1m+€292,335
Cash
€227,575
2023 · €317,564-€89,989
Balance sheet total
€7.7m
2023 · €7.0m+€688,798
Largest movements
Assets
- Tangible fixed assets +€953,683
up €953,683 (+16.0%), from €6.0m to €6.9m
of which Land and buildings: +€779,465
- Receivables within one year -€162,880
down €162,880 (-26.9%), from €604,840 to €441,960
of which Trade receivables: -€169,418
- Cash -€89,989
down €89,989 (-28.3%), from €317,564 to €227,575
mainly Investment in fixed assets (net) (-€1.4m) and Tax, wage and social debts (-€83,883)
Equity and liabilities
- Profit (loss) carried forward +€292,335
up €292,335 (+42.5%), from €687,633 to €979,967
- Debts after one year +€245,610
up €245,610 (+6.4%), from €3.8m to €4.1m
of which Financial debts: +€246,748
- Short-term financial debts +€120,000
up €120,000 (+60.0%), from €200,000 to €320,000
of which Other loans: +€120,000
- Tax, wage and social debts -€83,883
down €83,883 (-48.9%), from €171,386 to €87,503
of which Taxes: -€83,883
Income statement
- Goods and materials -€1.1m
down €1.1m (-64.5%), from €1.7m to €604,594
of which Purchases: -€1.1m
- Turnover -€912,793
down €912,793 (-28.2%), from €3.2m to €2.3m
- Services and other goods -€572,610
down €572,610 (-46.0%), from €1.2m to €673,160
- Other operating income -€247,507
down €247,507 (-82.9%), from €298,407 to €50,900
- Taxes +€77,211
up €77,211 (+1,303%), from €5,928 to €83,139
From the 2023 result to the 2024 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
-€87,709
Turnover
-€912,793
Other operating income
-€247,507
Goods and materials
+€1.1m
Services and other goods
+€572,610
Depreciation
+€8,037
Write-downs
-€932
Other operating charges
-€12,811
Other operating items
-€21,207
Financial income
-€10,926
Financial charges
-€15,317
Taxes
-€77,211
Result 2024
€292,335
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€880,485
Investment
-€1.4m
Financing
+€439,573
Cash 2023
€317,564
From operations (derived)
+€880,485
Net result for the year
+€292,335
Depreciation
+€456,364
Stocks and contracts
+€28,866
Receivables within one year
+€162,880
Deferred charges and accrued income
-€16,849
Trade debts
+€58,773
Tax, wage and social debts
-€83,883
Other debts
-€16,251
Accrued charges and deferred income
-€1,749
Investment (derived)
-€1.4m
Investment in fixed assets (net)
-€1.4m
Financing
+€439,573
Debts after one year
+€245,610
Current portion of long-term debt
+€73,963
Short-term financial debts
+€120,000
Cash 2024
€227,575
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,976,758 | €7,665,555 | +€688,798 | +9.9% |
| Fixed assets | 21/28 | €5,977,064 | €6,930,747 | +€953,683 | +16.0% |
| Tangible fixed assets | 22/27 | €5,976,884 | €6,930,567 | +€953,683 | +16.0% |
| Land and buildings | 22 | €5,914,319 | €6,693,783 | +€779,465 | +13.2% |
| Plant, machinery and equipment | 23 | €62,566 | €40,784 | -€21,782 | -34.8% |
| Furniture and vehicles | 24 | €0 | €196,000 | +€196,000 | |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Other financial fixed assets | 284/8 | €180 | €180 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €999,694 | €734,808 | -€264,885 | -26.5% |
| Stocks and contracts in progress | 3 | €28,866 | €0 | -€28,866 | -100% |
| Stocks | 30/36 | €28,866 | €0 | -€28,866 | -100% |
| Goods purchased for resale | 34 | €28,866 | €0 | -€28,866 | -100% |
| Amounts receivable within one year | 40/41 | €604,840 | €441,960 | -€162,880 | -26.9% |
| Trade receivables | 40 | €561,252 | €391,834 | -€169,418 | -30.2% |
| Other amounts receivable | 41 | €43,587 | €50,126 | +€6,539 | +15.0% |
| Cash at bank and in hand | 54/58 | €317,564 | €227,575 | -€89,989 | -28.3% |
| Deferred charges and accrued income | 490/1 | €48,424 | €65,273 | +€16,849 | +34.8% |
| Total equity and liabilities | 10/49 | €6,976,758 | €7,665,555 | +€688,798 | +9.9% |
| Equity | 10/15 | €2,110,133 | €2,402,467 | +€292,335 | +13.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,402,500 | €1,402,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €1,400,500 | €1,400,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €687,633 | €979,967 | +€292,335 | +42.5% |
| Amounts payable | 17/49 | €4,866,625 | €5,263,088 | +€396,463 | +8.1% |
| Amounts payable after more than one year | 17 | €3,849,101 | €4,094,712 | +€245,610 | +6.4% |
| Financial debts | 170/4 | €3,830,486 | €4,077,234 | +€246,748 | +6.4% |
| Credit institutions | 173 | €3,830,486 | €4,077,234 | +€246,748 | +6.4% |
| Other amounts payable | 178/9 | €18,615 | €17,478 | -€1,138 | -6.1% |
| Amounts payable within one year | 42/48 | €1,013,646 | €1,166,247 | +€152,602 | +15.1% |
| Current portion of amounts payable after more than one year | 42 | €309,662 | €383,625 | +€73,963 | +23.9% |
| Financial debts | 43 | €200,000 | €320,000 | +€120,000 | +60.0% |
| Credit institutions | 430/8 | €200,000 | €200,000 | = | 0.0% |
| Other loans | 439 | €0 | €120,000 | +€120,000 | |
| Trade debts | 44 | €155,227 | €214,000 | +€58,773 | +37.9% |
| Suppliers | 440/4 | €155,227 | €214,000 | +€58,773 | +37.9% |
| Taxes, remuneration and social security | 45 | €171,386 | €87,503 | -€83,883 | -48.9% |
| Taxes | 450/3 | €170,932 | €87,048 | -€83,883 | -49.1% |
| Remuneration and social security | 454/9 | €455 | €455 | = | 0.0% |
| Other amounts payable | 47/48 | €177,370 | €161,119 | -€16,251 | -9.2% |
| Accrued charges and deferred income | 492/3 | €3,878 | €2,129 | -€1,749 | -45.1% |
| Operating income | 70/76A | €3,567,258 | €2,370,751 | -€1.2m | -33.5% |
| Turnover | 70 | €3,232,644 | €2,319,851 | -€912,793 | -28.2% |
| Other operating income | 74 | €298,407 | €50,900 | -€247,507 | -82.9% |
| Non-recurring operating income | 76A | €36,207 | €0 | -€36,207 | -100% |
| Operating charges | 60/66A | €3,531,365 | €1,851,360 | -€1.7m | -47.6% |
| Goods for resale, raw materials and consumables | 60 | €1,702,694 | €604,594 | -€1.1m | -64.5% |
| Purchases | 600/8 | €1,642,987 | €575,728 | -€1.1m | -65.0% |
| Change in stocks: decrease (increase) | 609 | €59,707 | €28,866 | -€30,841 | -51.7% |
| Services and other goods | 61 | €1,245,771 | €673,160 | -€572,610 | -46.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €464,401 | €456,364 | -€8,037 | -1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €932 | +€932 | |
| Other operating charges | 640/8 | €103,499 | €116,310 | +€12,811 | +12.4% |
| Non-recurring operating charges | 66A | €15,000 | €0 | -€15,000 | -100% |
| Operating profit (loss) | 9901 | €35,893 | €519,392 | +€483,499 | +1,347% |
| Financial income | 75/76B | €12,253 | €1,327 | -€10,926 | -89.2% |
| Recurring financial income | 75 | €12,253 | €1,327 | -€10,926 | -89.2% |
| Other financial income | 752/9 | €12,253 | €1,327 | -€10,926 | -89.2% |
| Financial charges | 65/66B | €129,928 | €145,245 | +€15,317 | +11.8% |
| Recurring financial charges | 65 | €129,928 | €145,245 | +€15,317 | +11.8% |
| Debt charges | 650 | €3,369 | €2,147 | -€1,222 | -36.3% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €5,414 | €1,255 | -€4,159 | -76.8% |
| Other financial charges | 652/9 | €121,145 | €141,843 | +€20,698 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | -€81,782 | €375,474 | +€457,255 | |
| Income taxes | 67/77 | €5,928 | €83,139 | +€77,211 | +1,303% |
| Taxes | 670/3 | €5,928 | €83,139 | +€77,211 | +1,303% |
| Profit (loss) for the period | 9904 | -€87,709 | €292,335 | +€380,044 | |
| Profit (loss) for the period to be appropriated | 9905 | -€87,709 | €292,335 | +€380,044 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.