Rio Management: 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.
Rio Management
Largest movements
- Cash +€56,219
up €56,219 (+27.6%), from €203,730 to €259,949
mainly Other debts (+€218,277) and Net result for the year (+€107,080)
- Tangible fixed assets -€14,707
down €14,707 (-4.3%), from €343,730 to €329,023
of which Land and buildings: -€14,815
- Deferred charges and accrued income +€9,388
up €9,388 (+57.6%), from €16,296 to €25,684
- Other debts +€218,277
up €218,277 (+244.4%), from €89,294 to €307,571
- Reserves -€125,037
no longer reported in 2025 (was €125,037)
- Tax, wage and social debts -€31,083
down €31,083 (-77.7%), from €39,989 to €8,907
of which Taxes: -€29,327
- Debts after one year -€13,556
down €13,556 (-4.7%), from €290,571 to €277,014
- Gross operating margin -€21,706
down €21,706 (-11.0%), from €196,999 to €175,293
- Financial charges +€2,213
up €2,213 (+22.8%), from €9,695 to €11,908
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 | €563,756 | €614,886 | +€51,130 | +9.1% |
| Fixed assets | 21/28 | €343,730 | €329,023 | -€14,707 | -4.3% |
| Tangible fixed assets | 22/27 | €343,730 | €329,023 | -€14,707 | -4.3% |
| Land and buildings | 22 | €340,982 | €326,167 | -€14,815 | -4.3% |
| Plant, machinery and equipment | 23 | €1,825 | €2,475 | +€650 | +35.6% |
| Furniture and vehicles | 24 | €923 | €381 | -€542 | -58.7% |
| Current assets | 29/58 | €220,026 | €285,863 | +€65,838 | +29.9% |
| Amounts receivable within one year | 40/41 | - | €230 | +€230 | |
| Other amounts receivable | 41 | - | €230 | +€230 | |
| Cash at bank and in hand | 54/58 | €203,730 | €259,949 | +€56,219 | +27.6% |
| Deferred charges and accrued income | 490/1 | €16,296 | €25,684 | +€9,388 | +57.6% |
| Total equity and liabilities | 10/49 | €563,756 | €614,886 | +€51,130 | +9.1% |
| Equity | 10/15 | €130,037 | €5,000 | -€125,037 | -96.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €125,037 | - | -€125,037 | |
| Distributable reserves | 133 | €125,037 | - | -€125,037 | |
| Amounts payable | 17/49 | €433,719 | €609,886 | +€176,167 | +40.6% |
| Amounts payable after more than one year | 17 | €290,571 | €277,014 | -€13,556 | -4.7% |
| Financial debts | 170/4 | €290,571 | €277,014 | -€13,556 | -4.7% |
| Amounts payable within one year | 42/48 | €143,148 | €332,871 | +€189,723 | +132.5% |
| Current portion of amounts payable after more than one year | 42 | €13,175 | €13,556 | +€382 | +2.9% |
| Trade debts | 44 | €690 | €2,837 | +€2,147 | +311.0% |
| Suppliers | 440/4 | €690 | €2,837 | +€2,147 | +311.0% |
| Taxes, remuneration and social security | 45 | €39,989 | €8,907 | -€31,083 | -77.7% |
| Taxes | 450/3 | €38,233 | €8,907 | -€29,327 | -76.7% |
| Remuneration and social security | 454/9 | €1,756 | - | -€1,756 | |
| Other amounts payable | 47/48 | €89,294 | €307,571 | +€218,277 | +244.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,405 | €15,863 | +€458 | +3.0% |
| Other operating charges | 640/8 | €3,068 | €2,422 | -€646 | -21.1% |
| Non-recurring operating charges | 66A | €4,633 | - | -€4,633 | |
| Gross operating margin | 9900 | €196,999 | €175,293 | -€21,706 | -11.0% |
| Operating profit (loss) | 9901 | €173,893 | €157,007 | -€16,886 | -9.7% |
| Financial income | 75/76B | €0 | €1 | +€0 | +2400.0% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +2400.0% |
| Financial charges | 65/66B | €9,695 | €11,908 | +€2,213 | +22.8% |
| Recurring financial charges | 65 | €9,695 | €11,908 | +€2,213 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | €164,198 | €145,100 | -€19,098 | -11.6% |
| Income taxes | 67/77 | €39,161 | €38,020 | -€1,142 | -2.9% |
| Profit (loss) for the period | 9904 | €125,037 | €107,080 | -€17,957 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €125,037 | €107,080 | -€17,957 | -14.4% |
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 9 October 2026 via checked.be.