RIQ: 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.
RIQ
Largest movements
- Cash -€41,892
down €41,892 (-94.1%), from €44,540 to €2,648
mainly Debts after one year (-€29,610) and Net result for the year (-€13,472)
- Tangible fixed assets -€8,299
down €8,299 (-24.1%), from €34,393 to €26,093
of which Furniture and vehicles: -€7,394
- Receivables within one year +€6,352
up €6,352 (+861.3%), from €738 to €7,090
of which Trade receivables: +€6,454
- Debts after one year -€29,610
down €29,610 (-22.8%), from €129,610 to €100,000
- Reserves -€9,417
down €9,417 (-100.0%), from €9,417 to €0
- Tax, wage and social debts +€6,000
up €6,000 (+130.9%), from €4,584 to €10,584
of which Remuneration and social security: +€6,000
- Profit (loss) carried forward -€4,056
down €4,056 (-3.7%), from -€109,346 to -€113,401
- Current portion of long-term debt -€3,156
down €3,156 (-40.7%), from €7,756 to €4,599
- Gross operating margin +€4,713
up €4,713 (+55.4%), from -€8,510 to -€3,797
- Taxes +€1,789
up €1,789, from -€1,789 to €0
- Depreciation +€822
up €822 (+11.0%), from €7,478 to €8,299
- Other operating charges +€271
up €271 (+33.6%), from €807 to €1,078
- Financial charges -€173
down €173 (-36.7%), from €471 to €298
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 | €80,567 | €36,922 | -€43,645 | -54.2% |
| Fixed assets | 21/28 | €34,393 | €26,093 | -€8,299 | -24.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €34,393 | €26,093 | -€8,299 | -24.1% |
| Plant, machinery and equipment | 23 | €3,620 | €2,715 | -€905 | -25.0% |
| Furniture and vehicles | 24 | €30,772 | €23,378 | -€7,394 | -24.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €46,174 | €10,828 | -€35,346 | -76.5% |
| Amounts receivable within one year | 40/41 | €738 | €7,090 | +€6,352 | +861.3% |
| Trade receivables | 40 | €436 | €6,890 | +€6,454 | +1481.7% |
| Other amounts receivable | 41 | €302 | €200 | -€102 | -33.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €44,540 | €2,648 | -€41,892 | -94.1% |
| Deferred charges and accrued income | 490/1 | €897 | €1,090 | +€194 | +21.6% |
| Total equity and liabilities | 10/49 | €80,567 | €36,922 | -€43,645 | -54.2% |
| Equity | 10/15 | -€81,337 | -€94,809 | -€13,472 | -16.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €9,417 | €0 | -€9,417 | -100.0% |
| Distributable reserves | 133 | €9,417 | €0 | -€9,417 | -100.0% |
| Profit (loss) carried forward | 14 | -€109,346 | -€113,401 | -€4,056 | -3.7% |
| Amounts payable | 17/49 | €161,903 | €131,731 | -€30,173 | -18.6% |
| Amounts payable after more than one year | 17 | €129,610 | €100,000 | -€29,610 | -22.8% |
| Financial debts | 170/4 | €129,610 | €100,000 | -€29,610 | -22.8% |
| Amounts payable within one year | 42/48 | €32,294 | €31,731 | -€563 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €7,756 | €4,599 | -€3,156 | -40.7% |
| Trade debts | 44 | €2,377 | €931 | -€1,446 | -60.8% |
| Suppliers | 440/4 | €2,377 | €931 | -€1,446 | -60.8% |
| Taxes, remuneration and social security | 45 | €4,584 | €10,584 | +€6,000 | +130.9% |
| Taxes | 450/3 | €84 | €84 | = | 0.0% |
| Remuneration and social security | 454/9 | €4,500 | €10,500 | +€6,000 | +133.3% |
| Other amounts payable | 47/48 | €17,577 | €15,617 | -€1,960 | -11.2% |
| Non-recurring operating income | 76A | €21,177 | €0 | -€21,177 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,478 | €8,299 | +€822 | +11.0% |
| Other operating charges | 640/8 | €807 | €1,078 | +€271 | +33.6% |
| Non-recurring operating charges | 66A | €10,949 | €0 | -€10,949 | -100.0% |
| Gross operating margin | 9900 | -€8,510 | -€3,797 | +€4,713 | +55.4% |
| Operating profit (loss) | 9901 | -€27,744 | -€13,175 | +€14,569 | +52.5% |
| Financial income | 75/76B | €100 | €0 | -€100 | -99.6% |
| Recurring financial income | 75 | €100 | €0 | -€100 | -99.6% |
| Financial charges | 65/66B | €471 | €298 | -€173 | -36.7% |
| Recurring financial charges | 65 | €471 | €298 | -€173 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | -€28,115 | -€13,472 | +€14,642 | +52.1% |
| Income taxes | 67/77 | -€1,789 | €0 | +€1,789 | |
| Profit (loss) for the period | 9904 | -€26,326 | -€13,472 | +€12,853 | +48.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,326 | -€13,472 | +€12,853 | +48.8% |
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 7 October 2026 via checked.be.