Rinav: 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.
Rinav
Largest movements
- Receivables within one year +€38,029
up €38,029 (+11593.6%), from €328 to €38,357
of which Trade receivables: +€33,782
- Tangible fixed assets +€15,491
new in 2025: €15,491
- Financial fixed assets +€1,169
new in 2025: €1,169
- Other debts +€27,815
up €27,815 (+1171.7%), from €2,374 to €30,189
- Current portion of long-term debt +€7,802
new in 2025: €7,802
- Reserves +€7,794
new in 2025: €7,794
- Debts after one year +€4,498
new in 2025: €4,498
- Tax, wage and social debts +€3,101
new in 2025: €3,101
- Gross operating margin +€16,642
new in 2025: €16,642
- Taxes +€3,101
new in 2025: €3,101
- Other operating charges +€1,493
new in 2025: €1,493
- Depreciation +€1,448
new in 2025: €1,448
- Financial charges +€762
new in 2025: €762
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €328 | €55,019 | +€54,691 | +16672.9% |
| Fixed assets | 21/28 | - | €16,660 | +€16,660 | |
| Tangible fixed assets | 22/27 | - | €15,491 | +€15,491 | |
| Furniture and vehicles | 24 | - | €15,491 | +€15,491 | |
| Financial fixed assets | 28 | - | €1,169 | +€1,169 | |
| Current assets | 29/58 | €328 | €38,358 | +€38,030 | +11593.8% |
| Amounts receivable within one year | 40/41 | €328 | €38,357 | +€38,029 | +11593.6% |
| Trade receivables | 40 | - | €33,782 | +€33,782 | |
| Other amounts receivable | 41 | €328 | €4,575 | +€4,247 | +1294.9% |
| Cash at bank and in hand | 54/58 | - | €1 | +€1 | |
| Total equity and liabilities | 10/49 | €328 | €55,019 | +€54,691 | +16672.9% |
| Equity | 10/15 | -€2,046 | €7,794 | +€9,840 | |
| Contributions | 10/11 | €0 | €0 | = | |
| Reserves | 13 | - | €7,794 | +€7,794 | |
| Distributable reserves | 133 | - | €7,794 | +€7,794 | |
| Profit (loss) carried forward | 14 | -€2,046 | - | +€2,046 | |
| Amounts payable | 17/49 | €2,374 | €47,224 | +€44,850 | +1889.4% |
| Amounts payable after more than one year | 17 | - | €4,498 | +€4,498 | |
| Financial debts | 170/4 | - | €4,498 | +€4,498 | |
| Amounts payable within one year | 42/48 | €2,374 | €42,726 | +€40,352 | +1699.9% |
| Current portion of amounts payable after more than one year | 42 | - | €7,802 | +€7,802 | |
| Trade debts | 44 | - | €1,635 | +€1,635 | |
| Suppliers | 440/4 | - | €1,635 | +€1,635 | |
| Taxes, remuneration and social security | 45 | - | €3,101 | +€3,101 | |
| Taxes | 450/3 | - | €3,101 | +€3,101 | |
| Other amounts payable | 47/48 | €2,374 | €30,189 | +€27,815 | +1171.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,448 | +€1,448 | |
| Other operating charges | 640/8 | - | €1,493 | +€1,493 | |
| Gross operating margin | 9900 | - | €16,642 | +€16,642 | |
| Operating profit (loss) | 9901 | - | €13,702 | +€13,702 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | - | €762 | +€762 | |
| Recurring financial charges | 65 | - | €762 | +€762 | |
| Profit (loss) for the period before taxes | 9903 | - | €12,941 | +€12,941 | |
| Income taxes | 67/77 | - | €3,101 | +€3,101 | |
| Profit (loss) for the period | 9904 | - | €9,840 | +€9,840 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €9,840 | +€9,840 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.