RINDIS: 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.
RINDIS
Largest movements
- Cash +€105,269
up €105,269 (+89.2%), from €118,042 to €223,311
mainly Trade debts (+€178,854) and Depreciation (+€109,883)
- Receivables within one year +€60,088
up €60,088 (+17.1%), from €351,322 to €411,410
of which Trade receivables: +€62,383
- Tangible fixed assets -€19,167
down €19,167 (-6.0%), from €320,457 to €301,290
of which Furniture and vehicles: -€15,393
- Intangible fixed assets +€11,038
new in 2025: €11,038
- Trade debts +€178,854
up €178,854 (+112.9%), from €158,453 to €337,306
- Reserves +€103,323
up €103,323 (+19.8%), from €522,282 to €625,605
- Other debts -€99,701
down €99,701 (-100.0%), from €99,701 to €0
- Tax, wage and social debts -€23,198
down €23,198 (-71.8%), from €32,295 to €9,097
- Gross operating margin -€37,509
down €37,509 (-13.2%), from €284,337 to €246,828
- Depreciation +€10,051
up €10,051 (+10.1%), from €99,833 to €109,883
- Taxes -€8,892
down €8,892 (-20.2%), from €43,994 to €35,102
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 | €868,129 | €1,018,508 | +€150,379 | +17.3% |
| Fixed assets | 21/28 | €320,457 | €312,328 | -€8,128 | -2.5% |
| Intangible fixed assets | 21 | - | €11,038 | +€11,038 | |
| Tangible fixed assets | 22/27 | €320,457 | €301,290 | -€19,167 | -6.0% |
| Plant, machinery and equipment | 23 | €246,969 | €245,848 | -€1,121 | -0.5% |
| Furniture and vehicles | 24 | €49,249 | €33,856 | -€15,393 | -31.3% |
| Other tangible fixed assets | 26 | €24,239 | €21,586 | -€2,654 | -10.9% |
| Current assets | 29/58 | €547,672 | €706,180 | +€158,507 | +28.9% |
| Stocks and contracts in progress | 3 | €75,900 | €70,400 | -€5,500 | -7.2% |
| Stocks | 30/36 | €75,900 | €70,400 | -€5,500 | -7.2% |
| Amounts receivable within one year | 40/41 | €351,322 | €411,410 | +€60,088 | +17.1% |
| Trade receivables | 40 | €336,282 | €398,665 | +€62,383 | +18.6% |
| Other amounts receivable | 41 | €15,041 | €12,745 | -€2,295 | -15.3% |
| Cash at bank and in hand | 54/58 | €118,042 | €223,311 | +€105,269 | +89.2% |
| Deferred charges and accrued income | 490/1 | €2,408 | €1,059 | -€1,349 | -56.0% |
| Total equity and liabilities | 10/49 | €868,129 | €1,018,508 | +€150,379 | +17.3% |
| Equity | 10/15 | €547,282 | €650,605 | +€103,323 | +18.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €522,282 | €625,605 | +€103,323 | +19.8% |
| Distributable reserves | 133 | €522,282 | €625,605 | +€103,323 | +19.8% |
| Amounts payable | 17/49 | €320,847 | €367,903 | +€47,056 | +14.7% |
| Amounts payable within one year | 42/48 | €320,847 | €367,903 | +€47,056 | +14.7% |
| Trade debts | 44 | €158,453 | €337,306 | +€178,854 | +112.9% |
| Suppliers | 440/4 | €158,453 | €337,306 | +€178,854 | +112.9% |
| Advances received on contracts in progress | 46 | €30,398 | €21,500 | -€8,898 | -29.3% |
| Taxes, remuneration and social security | 45 | €32,295 | €9,097 | -€23,198 | -71.8% |
| Taxes | 450/3 | €32,295 | €9,097 | -€23,198 | -71.8% |
| Other amounts payable | 47/48 | €99,701 | €0 | -€99,701 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,833 | €109,883 | +€10,051 | +10.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€2,000 | -€2,000 | |
| Other operating charges | 640/8 | €882 | €787 | -€95 | -10.8% |
| Non-recurring operating charges | 66A | €7,772 | €0 | -€7,772 | -100.0% |
| Gross operating margin | 9900 | €284,337 | €246,828 | -€37,509 | -13.2% |
| Operating profit (loss) | 9901 | €175,850 | €138,157 | -€37,692 | -21.4% |
| Financial income | 75/76B | €358 | €647 | +€289 | +80.8% |
| Recurring financial income | 75 | €358 | €647 | +€289 | +80.8% |
| Financial charges | 65/66B | €227 | €379 | +€153 | +67.3% |
| Recurring financial charges | 65 | €227 | €379 | +€153 | +67.3% |
| Profit (loss) for the period before taxes | 9903 | €175,981 | €138,425 | -€37,556 | -21.3% |
| Income taxes | 67/77 | €43,994 | €35,102 | -€8,892 | -20.2% |
| Profit (loss) for the period | 9904 | €131,986 | €103,323 | -€28,663 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €131,986 | €103,323 | -€28,663 | -21.7% |
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 2 October 2026 via checked.be.