Rioolexpert: 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.
Rioolexpert
Largest movements
- Tangible fixed assets -€55,801
down €55,801 (-26.6%), from €209,914 to €154,113
of which Leasing and similar rights: -€55,145
- Cash -€17,305
no longer reported in 2025 (was €17,305)
mainly Net result for the year (-€64,241) and Debts after one year (-€41,140)
- Receivables within one year +€3,514
up €3,514 (+4.6%), from €75,883 to €79,396
of which Trade receivables: +€3,017
- Profit (loss) carried forward -€64,241
down €64,241 (-169%), from -€38,002 to -€102,243
- Debts after one year -€41,140
down €41,140 (-28.3%), from €145,571 to €104,432
- Trade debts +€34,740
up €34,740 (+65.7%), from €52,853 to €87,593
- Short-term financial debts +€13,643
new in 2025: €13,643
- Current portion of long-term debt -€11,807
down €11,807 (-21.8%), from €54,063 to €42,256
- Gross operating margin -€29,190
down €29,190 (-25.3%), from €115,243 to €86,053
- Taxes +€8,574
no longer reported in 2025 (was -€8,574)
- Other operating charges -€8,095
down €8,095 (-85.4%), from €9,474 to €1,379
- Staff costs -€3,206
down €3,206 (-3.8%), from €83,685 to €80,478
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 | €304,343 | €234,588 | -€69,755 | -22.9% |
| Fixed assets | 21/28 | €210,039 | €154,113 | -€55,926 | -26.6% |
| Tangible fixed assets | 22/27 | €209,914 | €154,113 | -€55,801 | -26.6% |
| Land and buildings | 22 | €64,289 | €63,256 | -€1,034 | -1.6% |
| Plant, machinery and equipment | 23 | €158 | €77 | -€81 | -51.3% |
| Furniture and vehicles | 24 | - | €459 | +€459 | |
| Leasing and similar rights | 25 | €145,467 | €90,322 | -€55,145 | -37.9% |
| Financial fixed assets | 28 | €125 | - | -€125 | |
| Current assets | 29/58 | €94,304 | €80,475 | -€13,830 | -14.7% |
| Amounts receivable within one year | 40/41 | €75,883 | €79,396 | +€3,514 | +4.6% |
| Trade receivables | 40 | €51,788 | €54,804 | +€3,017 | +5.8% |
| Other amounts receivable | 41 | €24,095 | €24,592 | +€497 | +2.1% |
| Cash at bank and in hand | 54/58 | €17,305 | - | -€17,305 | |
| Deferred charges and accrued income | 490/1 | €1,116 | €1,078 | -€38 | -3.4% |
| Total equity and liabilities | 10/49 | €304,343 | €234,588 | -€69,755 | -22.9% |
| Equity | 10/15 | €15,933 | -€48,308 | -€64,241 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,335 | €35,335 | = | 0.0% |
| Distributable reserves | 133 | €35,335 | €35,335 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,002 | -€102,243 | -€64,241 | -169% |
| Amounts payable | 17/49 | €288,410 | €282,895 | -€5,514 | -1.9% |
| Amounts payable after more than one year | 17 | €145,571 | €104,432 | -€41,140 | -28.3% |
| Financial debts | 170/4 | €145,571 | €104,432 | -€41,140 | -28.3% |
| Amounts payable within one year | 42/48 | €142,838 | €178,464 | +€35,625 | +24.9% |
| Current portion of amounts payable after more than one year | 42 | €54,063 | €42,256 | -€11,807 | -21.8% |
| Financial debts | 43 | - | €13,643 | +€13,643 | |
| Credit institutions | 430/8 | - | €13,643 | +€13,643 | |
| Trade debts | 44 | €52,853 | €87,593 | +€34,740 | +65.7% |
| Suppliers | 440/4 | €52,853 | €87,593 | +€34,740 | +65.7% |
| Taxes, remuneration and social security | 45 | €8,614 | €7,664 | -€950 | -11.0% |
| Remuneration and social security | 454/9 | €8,614 | €7,664 | -€950 | -11.0% |
| Other amounts payable | 47/48 | €27,309 | €27,309 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €83,685 | €80,478 | -€3,206 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,324 | €59,887 | +€564 | +1.0% |
| Other operating charges | 640/8 | €9,474 | €1,379 | -€8,095 | -85.4% |
| Gross operating margin | 9900 | €115,243 | €86,053 | -€29,190 | -25.3% |
| Operating profit (loss) | 9901 | -€37,239 | -€55,691 | -€18,453 | -49.6% |
| Financial income | 75/76B | €94 | €150 | +€56 | +59.4% |
| Recurring financial income | 75 | €94 | €150 | +€56 | +59.4% |
| Financial charges | 65/66B | €9,432 | €8,700 | -€731 | -7.8% |
| Recurring financial charges | 65 | €9,432 | €8,700 | -€731 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | -€46,576 | -€64,241 | -€17,665 | -37.9% |
| Income taxes | 67/77 | -€8,574 | - | +€8,574 | |
| Profit (loss) for the period | 9904 | -€38,002 | -€64,241 | -€26,240 | -69.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,002 | -€64,241 | -€26,240 | -69.0% |
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 15 October 2026 via checked.be.