RIOTECHNICS: 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.
RIOTECHNICS
Largest movements
- Receivables within one year +€3,931
up €3,931 (+9.3%), from €42,227 to €46,157
of which Trade receivables: +€2,336
- Cash +€1,467
up €1,467 (+107%), from €1,376 to €2,843
mainly Net result for the year (+€11,107) and Trade debts (+€4,704)
- Tangible fixed assets +€736
up €736 (+7.2%), from €10,256 to €10,992
of which Furniture and vehicles: +€4,036
- Reserves +€7,303
up €7,303 (+110%), from €6,625 to €13,928
- Tax, wage and social debts -€5,846
down €5,846 (-36.5%), from €16,001 to €10,156
of which Remuneration and social security: -€10,274
- Trade debts +€4,704
up €4,704 (+48.0%), from €9,797 to €14,501
- Debts after one year -€4,136
down €4,136 (-25.2%), from €16,407 to €12,271
- Profit (loss) carried forward +€3,804
no longer reported in 2023 (was -€3,804)
- Gross operating margin +€21,164
up €21,164 (+1,831%), from €1,156 to €22,320
- Taxes +€6,301
up €6,301, from -€261 to €6,040
- Other operating charges -€550
down €550 (-64.5%), from €852 to €302
- Depreciation +€437
up €437 (+14.1%), from €3,100 to €3,537
- Financial charges +€242
up €242 (+7.8%), from €3,093 to €3,335
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,858 | €59,992 | +€6,134 | +11.4% |
| Fixed assets | 21/28 | €10,256 | €10,992 | +€736 | +7.2% |
| Tangible fixed assets | 22/27 | €10,256 | €10,992 | +€736 | +7.2% |
| Plant, machinery and equipment | 23 | €10,256 | €6,956 | -€3,299 | -32.2% |
| Furniture and vehicles | 24 | - | €4,036 | +€4,036 | |
| Current assets | 29/58 | €43,603 | €49,000 | +€5,398 | +12.4% |
| Amounts receivable within one year | 40/41 | €42,227 | €46,157 | +€3,931 | +9.3% |
| Trade receivables | 40 | €4,033 | €6,369 | +€2,336 | +57.9% |
| Other amounts receivable | 41 | €38,194 | €39,788 | +€1,595 | +4.2% |
| Cash at bank and in hand | 54/58 | €1,376 | €2,843 | +€1,467 | +107% |
| Total equity and liabilities | 10/49 | €53,858 | €59,992 | +€6,134 | +11.4% |
| Equity | 10/15 | €7,822 | €18,928 | +€11,107 | +142% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,625 | €13,928 | +€7,303 | +110% |
| Distributable reserves | 133 | €6,625 | €13,928 | +€7,303 | +110% |
| Profit (loss) carried forward | 14 | -€3,804 | - | +€3,804 | |
| Amounts payable | 17/49 | €46,037 | €41,064 | -€4,973 | -10.8% |
| Amounts payable after more than one year | 17 | €16,407 | €12,271 | -€4,136 | -25.2% |
| Financial debts | 170/4 | €16,407 | €12,271 | -€4,136 | -25.2% |
| Amounts payable within one year | 42/48 | €29,630 | €28,793 | -€837 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €3,831 | €4,136 | +€305 | +8.0% |
| Trade debts | 44 | €9,797 | €14,501 | +€4,704 | +48.0% |
| Suppliers | 440/4 | €9,797 | €14,501 | +€4,704 | +48.0% |
| Taxes, remuneration and social security | 45 | €16,001 | €10,156 | -€5,846 | -36.5% |
| Taxes | 450/3 | €5,728 | €10,156 | +€4,428 | +77.3% |
| Remuneration and social security | 454/9 | €10,274 | - | -€10,274 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,100 | €3,537 | +€437 | +14.1% |
| Other operating charges | 640/8 | €852 | €302 | -€550 | -64.5% |
| Gross operating margin | 9900 | €1,156 | €22,320 | +€21,164 | +1,831% |
| Operating profit (loss) | 9901 | -€2,796 | €18,481 | +€21,277 | |
| Financial income | 75/76B | €1,824 | €2,001 | +€176 | +9.7% |
| Recurring financial income | 75 | €1,824 | €2,001 | +€176 | +9.7% |
| Financial charges | 65/66B | €3,093 | €3,335 | +€242 | +7.8% |
| Recurring financial charges | 65 | €3,093 | €3,335 | +€242 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,065 | €17,147 | +€21,212 | |
| Income taxes | 67/77 | -€261 | €6,040 | +€6,301 | |
| Profit (loss) for the period | 9904 | -€3,804 | €11,107 | +€14,910 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,804 | €11,107 | +€14,910 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.