RINA-LUX: 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.
RINA-LUX
Largest movements
- Tangible fixed assets -€149,244
down €149,244 (-100%), from €149,244 to €0
of which Land and buildings: -€127,801
- Stocks and contracts -€8,744
down €8,744 (-100%), from €8,744 to €0
- Receivables within one year +€8,652
up €8,652 (+1,099%), from €787 to €9,439
of which Trade receivables: +€8,757
- Other debts -€119,175
down €119,175 (-73.9%), from €161,319 to €42,145
- Profit (loss) carried forward -€29,003
down €29,003 (-54.7%), from -€52,988 to -€81,991
- Other operating charges +€20,306
up €20,306 (+36,988%), from €55 to €20,361
- Write-downs +€8,744
new in 2022: €8,744
- Purchases and services -€254
no longer reported in 2022 (was €254)
- Financial charges -€126
down €126 (-87.1%), from €145 to €19
- Gross operating margin -€125
down €125 (-50.8%), from €246 to €121
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,319 | €9,562 | -€149,757 | -94.0% |
| Fixed assets | 21/28 | €149,244 | €0 | -€149,244 | -100% |
| Tangible fixed assets | 22/27 | €149,244 | €0 | -€149,244 | -100% |
| Land and buildings | 22 | €127,801 | €0 | -€127,801 | -100% |
| Plant, machinery and equipment | 23 | €9,753 | €0 | -€9,753 | -100% |
| Furniture and vehicles | 24 | €11,690 | €0 | -€11,690 | -100% |
| Current assets | 29/58 | €10,075 | €9,562 | -€513 | -5.1% |
| Stocks and contracts in progress | 3 | €8,744 | €0 | -€8,744 | -100% |
| Stocks | 30/36 | €8,744 | €0 | -€8,744 | -100% |
| Amounts receivable within one year | 40/41 | €787 | €9,439 | +€8,652 | +1,099% |
| Trade receivables | 40 | €344 | €9,101 | +€8,757 | +2,547% |
| Other amounts receivable | 41 | €443 | €338 | -€105 | -23.7% |
| Cash at bank and in hand | 54/58 | €544 | €0 | -€544 | -100% |
| Deferred charges and accrued income | 490/1 | - | €123 | +€123 | |
| Total equity and liabilities | 10/49 | €159,319 | €9,562 | -€149,757 | -94.0% |
| Equity | 10/15 | -€3,580 | -€32,583 | -€29,003 | -810% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €30,816 | €30,816 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,421 | €18,421 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,562 | €16,562 | = | 0.0% |
| Distributable reserves | 133 | €12,395 | €12,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,988 | -€81,991 | -€29,003 | -54.7% |
| Amounts payable | 17/49 | €162,899 | €42,145 | -€120,755 | -74.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €162,899 | €42,145 | -€120,755 | -74.1% |
| Current portion of amounts payable after more than one year | 42 | €1,580 | €0 | -€1,580 | -100% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €161,319 | €42,145 | -€119,175 | -73.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €254 | - | -€254 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,744 | +€8,744 | |
| Other operating charges | 640/8 | €55 | €20,361 | +€20,306 | +36,988% |
| Gross operating margin | 9900 | €246 | €121 | -€125 | -50.8% |
| Operating profit (loss) | 9901 | €191 | -€28,984 | -€29,175 | |
| Financial charges | 65/66B | €145 | €19 | -€126 | -87.1% |
| Recurring financial charges | 65 | €145 | €19 | -€126 | -87.1% |
| Profit (loss) for the period before taxes | 9903 | €46 | -€29,003 | -€29,049 | |
| Profit (loss) for the period | 9904 | €46 | -€29,003 | -€29,049 | |
| Profit (loss) for the period to be appropriated | 9905 | €46 | -€29,003 | -€29,049 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.