RIOFIX: 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.
RIOFIX
Largest movements
- Receivables within one year +€218,800
up €218,800 (+345%), from €63,493 to €282,293
of which Trade receivables: +€239,548
- Cash -€118,172
down €118,172 (-60.1%), from €196,646 to €78,474
mainly Contributions, distributions and other (-€500,000) and Receivables within one year (-€218,800)
- Stocks and contracts -€51,098
no longer reported in 2025 (was €51,098)
- Deferred charges and accrued income -€49,075
down €49,075 (-94.9%), from €51,736 to €2,661
- Tangible fixed assets -€5,265
down €5,265 (-23.7%), from €22,195 to €16,930
of which Plant, machinery and equipment: -€5,512
- Other debts +€143,680
up €143,680 (+180%), from €79,741 to €223,421
- Reserves -€112,994
down €112,994 (-89.7%), from €125,969 to €12,975
- Trade debts -€43,015
down €43,015 (-60.3%), from €71,369 to €28,354
- Short-term financial debts +€16,875
new in 2025: €16,875
- Tax, wage and social debts -€14,356
down €14,356 (-12.9%), from €110,898 to €96,542
of which Taxes: -€10,562
- Gross operating margin +€305,527
up €305,527 (+100%), from €304,089 to €609,617
- Taxes +€75,343
up €75,343 (+123%), from €61,502 to €136,845
- Staff costs +€15,149
up €15,149 (+28.3%), from €53,555 to €68,704
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 | €388,977 | €384,167 | -€4,810 | -1.2% |
| Fixed assets | 21/28 | €26,005 | €20,740 | -€5,265 | -20.2% |
| Tangible fixed assets | 22/27 | €22,195 | €16,930 | -€5,265 | -23.7% |
| Plant, machinery and equipment | 23 | €11,416 | €5,905 | -€5,512 | -48.3% |
| Furniture and vehicles | 24 | €10,778 | €11,025 | +€247 | +2.3% |
| Financial fixed assets | 28 | €3,810 | €3,810 | = | 0.0% |
| Current assets | 29/58 | €362,973 | €363,427 | +€455 | +0.1% |
| Stocks and contracts in progress | 3 | €51,098 | - | -€51,098 | |
| Stocks | 30/36 | €51,098 | - | -€51,098 | |
| Amounts receivable within one year | 40/41 | €63,493 | €282,293 | +€218,800 | +345% |
| Trade receivables | 40 | €38,179 | €277,727 | +€239,548 | +627% |
| Other amounts receivable | 41 | €25,314 | €4,566 | -€20,749 | -82.0% |
| Cash at bank and in hand | 54/58 | €196,646 | €78,474 | -€118,172 | -60.1% |
| Deferred charges and accrued income | 490/1 | €51,736 | €2,661 | -€49,075 | -94.9% |
| Total equity and liabilities | 10/49 | €388,977 | €384,167 | -€4,810 | -1.2% |
| Equity | 10/15 | €126,969 | €13,975 | -€112,994 | -89.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €125,969 | €12,975 | -€112,994 | -89.7% |
| Distributable reserves | 133 | €125,969 | €12,975 | -€112,994 | -89.7% |
| Amounts payable | 17/49 | €262,008 | €370,192 | +€108,184 | +41.3% |
| Amounts payable within one year | 42/48 | €262,008 | €365,192 | +€103,184 | +39.4% |
| Financial debts | 43 | - | €16,875 | +€16,875 | |
| Credit institutions | 430/8 | - | €16,875 | +€16,875 | |
| Trade debts | 44 | €71,369 | €28,354 | -€43,015 | -60.3% |
| Suppliers | 440/4 | €71,369 | €28,354 | -€43,015 | -60.3% |
| Taxes, remuneration and social security | 45 | €110,898 | €96,542 | -€14,356 | -12.9% |
| Taxes | 450/3 | €107,104 | €96,542 | -€10,562 | -9.9% |
| Remuneration and social security | 454/9 | €3,793 | - | -€3,793 | |
| Other amounts payable | 47/48 | €79,741 | €223,421 | +€143,680 | +180% |
| Accrued charges and deferred income | 492/3 | - | €5,000 | +€5,000 | |
| Remuneration, social security and pensions | 62 | €53,555 | €68,704 | +€15,149 | +28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,589 | €9,105 | +€1,516 | +20.0% |
| Other operating charges | 640/8 | €1,596 | €5,851 | +€4,255 | +267% |
| Gross operating margin | 9900 | €304,089 | €609,617 | +€305,527 | +100% |
| Operating profit (loss) | 9901 | €241,350 | €525,958 | +€284,608 | +118% |
| Financial income | 75/76B | €485 | €819 | +€334 | +68.9% |
| Recurring financial income | 75 | €485 | €819 | +€334 | +68.9% |
| Financial charges | 65/66B | €739 | €2,926 | +€2,187 | +296% |
| Recurring financial charges | 65 | €739 | €2,926 | +€2,187 | +296% |
| Profit (loss) for the period before taxes | 9903 | €241,096 | €523,851 | +€282,755 | +117% |
| Income taxes | 67/77 | €61,502 | €136,845 | +€75,343 | +123% |
| Profit (loss) for the period | 9904 | €179,594 | €387,006 | +€207,411 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €179,594 | €387,006 | +€207,411 | +115% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.