RINATO: what changed
Two fiscal 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.
RINATO
Largest movements
- Current investments -€4,000
down €4,000 (-5.6%), from €70,982 to €66,982
- Cash -€2,992
down €2,992 (-61.9%), from €4,831 to €1,839
mainly Contributions, distributions and other (-€13,395) and Net result for the year (-€4,784)
- Provisions +€13,395
new in 2025: €13,395
- Contributions -€12,395
no longer reported in 2025 (was €12,395)
- Profit (loss) carried forward -€4,784
down €4,784 (-8.3%), from -€57,636 to -€62,420
- Trade debts -€2,208
down €2,208 (-64.3%), from €3,433 to €1,224
- Reserves -€1,000
down €1,000 (-14.1%), from €7,100 to €6,100
- Gross operating margin -€1,224
down €1,224 (-36.6%), from -€3,346 to -€4,570
- Other operating charges -€181
down €181 (-49.6%), from €365 to €184
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 | €75,813 | €68,820 | -€6,992 | -9.2% |
| Current assets | 29/58 | €75,813 | €68,820 | -€6,992 | -9.2% |
| Current investments | 50/53 | €70,982 | €66,982 | -€4,000 | -5.6% |
| Cash at bank and in hand | 54/58 | €4,831 | €1,839 | -€2,992 | -61.9% |
| Total equity and liabilities | 10/49 | €75,813 | €68,820 | -€6,992 | -9.2% |
| Equity | 10/15 | -€38,142 | -€56,320 | -€18,179 | -47.7% |
| Contributions | 10/11 | €12,395 | - | -€12,395 | |
| Reserves | 13 | €7,100 | €6,100 | -€1,000 | -14.1% |
| Distributable reserves | 133 | €7,100 | €6,100 | -€1,000 | -14.1% |
| Profit (loss) carried forward | 14 | -€57,636 | -€62,420 | -€4,784 | -8.3% |
| Provisions and deferred taxes | 16 | - | €13,395 | +€13,395 | |
| Deferred taxes | 168 | - | €13,395 | +€13,395 | |
| Amounts payable | 17/49 | €113,954 | €111,746 | -€2,208 | -1.9% |
| Amounts payable within one year | 42/48 | €113,954 | €111,746 | -€2,208 | -1.9% |
| Trade debts | 44 | €3,433 | €1,224 | -€2,208 | -64.3% |
| Suppliers | 440/4 | €3,433 | €1,224 | -€2,208 | -64.3% |
| Other amounts payable | 47/48 | €110,522 | €110,522 | = | 0.0% |
| Other operating charges | 640/8 | €365 | €184 | -€181 | -49.6% |
| Gross operating margin | 9900 | -€3,346 | -€4,570 | -€1,224 | -36.6% |
| Operating profit (loss) | 9901 | -€3,711 | -€4,754 | -€1,043 | -28.1% |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,741 | -€4,784 | -€1,043 | -27.9% |
| Profit (loss) for the period | 9904 | -€3,741 | -€4,784 | -€1,043 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,741 | -€4,784 | -€1,043 | -27.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.