RINICO: 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.
RINICO
Largest movements
- Stocks and contracts +€9,154
up €9,154 (+18.7%), from €48,914 to €58,068
- Cash +€5,042
up €5,042 (+5.9%), from €85,106 to €90,148
mainly Trade debts (+€5,864) and Receivables within one year (+€4,178)
- Receivables within one year -€4,178
down €4,178 (-29.9%), from €13,984 to €9,806
of which Other amounts receivable: -€2,378
- Trade debts +€5,864
up €5,864 (+231%), from €2,540 to €8,404
- Profit (loss) carried forward +€1,935
up €1,935 (+20.9%), from €9,237 to €11,172
- Gross operating margin +€2,412
up €2,412 (+52.4%), from €4,600 to €7,012
- Taxes +€2,029
up €2,029 (+1,470%), from €138 to €2,167
- Other operating charges -€440
down €440 (-69.9%), from €629 to €189
- Financial income -€208
down €208 (-55.8%), from €373 to €165
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.
Derived cash bridge
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 | €152,969 | €162,125 | +€9,156 | +6.0% |
| Fixed assets | 21/28 | €2,319 | €1,347 | -€972 | -41.9% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €2,319 | €1,347 | -€972 | -41.9% |
| Plant, machinery and equipment | 23 | €898 | €480 | -€418 | -46.6% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Other tangible fixed assets | 26 | €1,421 | €868 | -€553 | -38.9% |
| Current assets | 29/58 | €150,650 | €160,778 | +€10,128 | +6.7% |
| Stocks and contracts in progress | 3 | €48,914 | €58,068 | +€9,154 | +18.7% |
| Stocks | 30/36 | €48,914 | €58,068 | +€9,154 | +18.7% |
| Amounts receivable within one year | 40/41 | €13,984 | €9,806 | -€4,178 | -29.9% |
| Trade receivables | 40 | €1,800 | - | -€1,800 | |
| Other amounts receivable | 41 | €12,184 | €9,806 | -€2,378 | -19.5% |
| Cash at bank and in hand | 54/58 | €85,106 | €90,148 | +€5,042 | +5.9% |
| Deferred charges and accrued income | 490/1 | €2,646 | €2,756 | +€110 | +4.2% |
| Total equity and liabilities | 10/49 | €152,969 | €162,125 | +€9,156 | +6.0% |
| Equity | 10/15 | €143,104 | €145,040 | +€1,936 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €115,267 | €115,268 | +€1 | 0.0% |
| Tax-exempt reserves | 132 | €191 | €191 | +€0 | +0.2% |
| Distributable reserves | 133 | €115,076 | €115,077 | +€1 | 0.0% |
| Profit (loss) carried forward | 14 | €9,237 | €11,172 | +€1,935 | +20.9% |
| Amounts payable | 17/49 | €9,865 | €17,085 | +€7,220 | +73.2% |
| Amounts payable within one year | 42/48 | €9,863 | €17,085 | +€7,222 | +73.2% |
| Trade debts | 44 | €2,540 | €8,404 | +€5,864 | +231% |
| Suppliers | 440/4 | €2,540 | €8,404 | +€5,864 | +231% |
| Taxes, remuneration and social security | 45 | €7,323 | €7,848 | +€525 | +7.2% |
| Taxes | 450/3 | €7,323 | €7,848 | +€525 | +7.2% |
| Other amounts payable | 47/48 | - | €833 | +€833 | |
| Accrued charges and deferred income | 492/3 | €2 | - | -€2 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €972 | €972 | -€0 | 0.0% |
| Other operating charges | 640/8 | €629 | €189 | -€440 | -69.9% |
| Non-recurring operating charges | 66A | €5,455 | - | -€5,455 | |
| Gross operating margin | 9900 | €4,600 | €7,012 | +€2,412 | +52.4% |
| Operating profit (loss) | 9901 | -€2,456 | €5,851 | +€8,307 | |
| Financial income | 75/76B | €373 | €165 | -€208 | -55.8% |
| Recurring financial income | 75 | €373 | €165 | -€208 | -55.8% |
| Financial charges | 65/66B | €1,097 | €1,081 | -€16 | -1.5% |
| Recurring financial charges | 65 | €1,097 | €1,081 | -€16 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,180 | €4,935 | +€8,115 | |
| Income taxes | 67/77 | €138 | €2,167 | +€2,029 | +1,470% |
| Profit (loss) for the period | 9904 | -€3,318 | €2,768 | +€6,086 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,318 | €2,768 | +€6,086 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.