Rinam: 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.
Rinam
Largest movements
- Receivables within one year -€7,221
down €7,221 (-32.1%), from €22,489 to €15,267
of which Trade receivables: -€5,644
- Cash +€2,686
up €2,686 (+284.3%), from €945 to €3,630
mainly Receivables within one year (+€7,221) and Short-term financial debts (+€3,333)
- Tangible fixed assets +€1,618
up €1,618 (+28.2%), from €5,726 to €7,344
of which Plant, machinery and equipment: +€4,500
- Deferred charges and accrued income +€761
up €761 (+24.0%), from €3,165 to €3,925
- Trade debts -€7,865
down €7,865 (-51.8%), from €15,182 to €7,317
- Short-term financial debts +€3,333
new in 2025: €3,333
- Reserves +€1,269
up €1,269 (+6.3%), from €20,102 to €21,371
- Tax, wage and social debts +€880
up €880 (+359.5%), from €245 to €1,124
- Gross operating margin +€11,943
up €11,943, from -€4,680 to €7,263
- Depreciation -€2,764
down €2,764 (-65.9%), from €4,195 to €1,430
- Taxes +€1,585
new in 2025: €1,585
- Other operating charges +€914
up €914 (+49.7%), from €1,837 to €2,751
- Financial charges -€369
down €369 (-43.4%), from €849 to €480
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 | €40,629 | €38,145 | -€2,484 | -6.1% |
| Fixed assets | 21/28 | €5,726 | €7,344 | +€1,618 | +28.2% |
| Tangible fixed assets | 22/27 | €5,726 | €7,344 | +€1,618 | +28.2% |
| Land and buildings | 22 | €2,500 | - | -€2,500 | |
| Plant, machinery and equipment | 23 | - | €4,500 | +€4,500 | |
| Furniture and vehicles | 24 | €3,226 | €2,844 | -€382 | -11.9% |
| Current assets | 29/58 | €34,903 | €30,801 | -€4,102 | -11.8% |
| Amounts receivable after more than one year | 29 | €8,305 | €7,978 | -€327 | -3.9% |
| Other amounts receivable | 291 | €8,305 | €7,978 | -€327 | -3.9% |
| Amounts receivable within one year | 40/41 | €22,489 | €15,267 | -€7,221 | -32.1% |
| Trade receivables | 40 | €20,911 | €15,267 | -€5,644 | -27.0% |
| Other amounts receivable | 41 | €1,577 | €0 | -€1,577 | -100.0% |
| Cash at bank and in hand | 54/58 | €945 | €3,630 | +€2,686 | +284.3% |
| Deferred charges and accrued income | 490/1 | €3,165 | €3,925 | +€761 | +24.0% |
| Total equity and liabilities | 10/49 | €40,629 | €38,145 | -€2,484 | -6.1% |
| Equity | 10/15 | €25,102 | €26,371 | +€1,269 | +5.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,102 | €21,371 | +€1,269 | +6.3% |
| Distributable reserves | 133 | €20,102 | €21,371 | +€1,269 | +6.3% |
| Amounts payable | 17/49 | €15,527 | €11,774 | -€3,753 | -24.2% |
| Amounts payable within one year | 42/48 | €15,527 | €11,774 | -€3,753 | -24.2% |
| Financial debts | 43 | - | €3,333 | +€3,333 | |
| Credit institutions | 430/8 | - | €3,333 | +€3,333 | |
| Trade debts | 44 | €15,182 | €7,317 | -€7,865 | -51.8% |
| Suppliers | 440/4 | €15,182 | €7,317 | -€7,865 | -51.8% |
| Taxes, remuneration and social security | 45 | €245 | €1,124 | +€880 | +359.5% |
| Taxes | 450/3 | €245 | €1,124 | +€880 | +359.5% |
| Other amounts payable | 47/48 | €100 | €0 | -€100 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,195 | €1,430 | -€2,764 | -65.9% |
| Other operating charges | 640/8 | €1,837 | €2,751 | +€914 | +49.7% |
| Non-recurring operating charges | 66A | €2,962 | €0 | -€2,962 | -100.0% |
| Gross operating margin | 9900 | -€4,680 | €7,263 | +€11,943 | |
| Operating profit (loss) | 9901 | -€13,674 | €3,081 | +€16,756 | |
| Financial income | 75/76B | €83 | €253 | +€170 | +204.2% |
| Recurring financial income | 75 | €83 | €253 | +€170 | +204.2% |
| Financial charges | 65/66B | €849 | €480 | -€369 | -43.4% |
| Recurring financial charges | 65 | €849 | €480 | -€369 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,440 | €2,854 | +€17,294 | |
| Income taxes | 67/77 | - | €1,585 | +€1,585 | |
| Profit (loss) for the period | 9904 | -€14,440 | €1,269 | +€15,709 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,440 | €1,269 | +€15,709 |
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.