RIOTECH: 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.
RIOTECH
Largest movements
- Tangible fixed assets -€33,757
down €33,757 (-47.4%), from €71,278 to €37,521
of which Furniture and vehicles: -€22,021
- Receivables within one year -€14,818
down €14,818 (-13.8%), from €107,051 to €92,233
of which Trade receivables: -€19,201
- Deferred charges and accrued income -€3,364
down €3,364 (-63.2%), from €5,322 to €1,958
- Cash -€2,318
down €2,318 (-28.4%), from €8,150 to €5,832
mainly Net result for the year (-€27,412) and Debts after one year (-€10,172)
- Profit (loss) carried forward -€27,412
down €27,412 (-22.4%), from €122,561 to €95,149
- Debts after one year -€10,172
down €10,172 (-61.2%), from €16,620 to €6,448
- Trade debts -€9,250
down €9,250 (-34.4%), from €26,909 to €17,659
- Tax, wage and social debts -€8,423
down €8,423 (-78.0%), from €10,798 to €2,375
of which Taxes: -€6,123
- Gross operating margin -€49,480
down €49,480 (-52.4%), from €94,435 to €44,955
- Staff costs -€32,306
down €32,306 (-51.4%), from €62,855 to €30,549
- Depreciation -€6,699
down €6,699 (-28.4%), from €23,565 to €16,866
- Financial charges +€6,645
up €6,645 (+2057.3%), from €323 to €6,968
of which Non-recurring financial charges: +€6,437
- Other operating charges +€6,080
up €6,080 (+214.8%), from €2,830 to €8,910
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 | €192,059 | €137,802 | -€54,257 | -28.3% |
| Fixed assets | 21/28 | €71,536 | €37,779 | -€33,757 | -47.2% |
| Tangible fixed assets | 22/27 | €71,278 | €37,521 | -€33,757 | -47.4% |
| Plant, machinery and equipment | 23 | €2,245 | €809 | -€1,436 | -64.0% |
| Furniture and vehicles | 24 | €30,994 | €8,973 | -€22,021 | -71.0% |
| Leasing and similar rights | 25 | €38,039 | €27,739 | -€10,300 | -27.1% |
| Financial fixed assets | 28 | €258 | €258 | = | 0.0% |
| Current assets | 29/58 | €120,523 | €100,023 | -€20,500 | -17.0% |
| Amounts receivable within one year | 40/41 | €107,051 | €92,233 | -€14,818 | -13.8% |
| Trade receivables | 40 | €38,717 | €19,516 | -€19,201 | -49.6% |
| Other amounts receivable | 41 | €68,334 | €72,717 | +€4,383 | +6.4% |
| Cash at bank and in hand | 54/58 | €8,150 | €5,832 | -€2,318 | -28.4% |
| Deferred charges and accrued income | 490/1 | €5,322 | €1,958 | -€3,364 | -63.2% |
| Total equity and liabilities | 10/49 | €192,059 | €137,802 | -€54,257 | -28.3% |
| Equity | 10/15 | €127,561 | €100,149 | -€27,412 | -21.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,561 | €95,149 | -€27,412 | -22.4% |
| Amounts payable | 17/49 | €64,498 | €37,653 | -€26,845 | -41.6% |
| Amounts payable after more than one year | 17 | €16,620 | €6,448 | -€10,172 | -61.2% |
| Financial debts | 170/4 | €16,620 | €6,448 | -€10,172 | -61.2% |
| Amounts payable within one year | 42/48 | €47,878 | €31,205 | -€16,673 | -34.8% |
| Current portion of amounts payable after more than one year | 42 | €10,171 | €10,171 | = | 0.0% |
| Trade debts | 44 | €26,909 | €17,659 | -€9,250 | -34.4% |
| Suppliers | 440/4 | €26,909 | €17,659 | -€9,250 | -34.4% |
| Taxes, remuneration and social security | 45 | €10,798 | €2,375 | -€8,423 | -78.0% |
| Taxes | 450/3 | €6,298 | €175 | -€6,123 | -97.2% |
| Remuneration and social security | 454/9 | €4,500 | €2,200 | -€2,300 | -51.1% |
| Other amounts payable | 47/48 | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €62,855 | €30,549 | -€32,306 | -51.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,565 | €16,866 | -€6,699 | -28.4% |
| Other operating charges | 640/8 | €2,830 | €8,910 | +€6,080 | +214.8% |
| Non-recurring operating charges | 66A | €386 | €9,314 | +€8,928 | +2313.0% |
| Gross operating margin | 9900 | €94,435 | €44,955 | -€49,480 | -52.4% |
| Operating profit (loss) | 9901 | €4,799 | -€20,684 | -€25,483 | |
| Financial income | 75/76B | €1 | €38 | +€37 | +3700.0% |
| Recurring financial income | 75 | €1 | €38 | +€37 | +3700.0% |
| Financial charges | 65/66B | €323 | €6,968 | +€6,645 | +2057.3% |
| Recurring financial charges | 65 | €323 | €531 | +€208 | +64.4% |
| Non-recurring financial charges | 66B | - | €6,437 | +€6,437 | |
| Profit (loss) for the period before taxes | 9903 | €4,477 | -€27,614 | -€32,091 | |
| Income taxes | 67/77 | €1,898 | -€202 | -€2,100 | |
| Profit (loss) for the period | 9904 | €2,579 | -€27,412 | -€29,991 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,579 | -€27,412 | -€29,991 |
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 8 October 2026 via checked.be.