RINVEST: 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.
RINVEST
Largest movements
- Receivables within one year -€480
down €480 (-20.1%), from €2,389 to €1,909
of which Other amounts receivable: -€480
- Debts after one year -€241,328
down €241,328 (-15.2%), from €1.6m to €1.3m
- Profit (loss) carried forward +€196,916
up €196,916 (+9.2%), from -€2.1m to -€1.9m
- Tax, wage and social debts +€40,661
new in 2025: €40,661
- Trade debts +€3,316
up €3,316 (+22.8%), from €14,571 to €17,887
- Gross operating margin +€208,124
up €208,124, from -€10,512 to €197,612
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 | €22,064 | €21,629 | -€435 | -2.0% |
| Fixed assets | 21/28 | €373 | €373 | = | 0.0% |
| Financial fixed assets | 28 | €373 | €373 | = | 0.0% |
| Current assets | 29/58 | €21,691 | €21,256 | -€435 | -2.0% |
| Stocks and contracts in progress | 3 | €19,265 | €19,265 | = | 0.0% |
| Stocks | 30/36 | €19,265 | €19,265 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,389 | €1,909 | -€480 | -20.1% |
| Trade receivables | 40 | €1,369 | €1,369 | = | 0.0% |
| Other amounts receivable | 41 | €1,020 | €540 | -€480 | -47.0% |
| Cash at bank and in hand | 54/58 | €37 | €82 | +€45 | +120.1% |
| Total equity and liabilities | 10/49 | €22,064 | €21,629 | -€435 | -2.0% |
| Equity | 10/15 | -€1,578,417 | -€1,381,501 | +€196,916 | +12.5% |
| Contributions | 10/11 | €560,000 | €560,000 | = | 0.0% |
| Capital | 10 | €560,000 | €560,000 | = | 0.0% |
| Issued capital | 100 | €560,000 | €560,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,138,417 | -€1,941,501 | +€196,916 | +9.2% |
| Amounts payable | 17/49 | €1,600,481 | €1,403,131 | -€197,351 | -12.3% |
| Amounts payable after more than one year | 17 | €1,585,910 | €1,344,583 | -€241,328 | -15.2% |
| Other amounts payable | 178/9 | €1,585,910 | €1,344,583 | -€241,328 | -15.2% |
| Amounts payable within one year | 42/48 | €14,571 | €58,548 | +€43,977 | +301.8% |
| Trade debts | 44 | €14,571 | €17,887 | +€3,316 | +22.8% |
| Suppliers | 440/4 | €14,571 | €17,887 | +€3,316 | +22.8% |
| Taxes, remuneration and social security | 45 | - | €40,661 | +€40,661 | |
| Taxes | 450/3 | - | €40,661 | +€40,661 | |
| Other operating charges | 640/8 | €503 | €537 | +€34 | +6.7% |
| Gross operating margin | 9900 | -€10,512 | €197,612 | +€208,124 | |
| Operating profit (loss) | 9901 | -€11,015 | €197,075 | +€208,090 | |
| Financial charges | 65/66B | €271 | €159 | -€112 | -41.2% |
| Recurring financial charges | 65 | €271 | €159 | -€112 | -41.2% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€11,286 | €196,916 | +€208,202 | |
| Profit (loss) for the period | 9904 | -€11,286 | €196,916 | +€208,202 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,286 | €196,916 | +€208,202 |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.