RisasoN: 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.
What changed
RisasoN
NACE 69.203, Activities of company auditors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€743,316
2024 · €1.2m-€408,028
Equity
€3.3m
2024 · €3.3m+€43,316
Cash
€25,708
2024 · €8,723+€16,985
Balance sheet total
€5.8m
2024 · €6.3m-€490,342
Largest movements
Assets
- Current investments -€575,344
down €575,344 (-11.2%), from €5.1m to €4.6m
- Receivables within one year +€111,690
up €111,690 (+164%), from €68,052 to €179,742
of which Other amounts receivable: +€111,690
Equity and liabilities
- Accrued charges and deferred income -€847,750
down €847,750 (-30.0%), from €2.8m to €2.0m
- Other debts +€332,500
new in 2025: €332,500
Income statement
- Gross operating margin -€646,098
down €646,098 (-38.7%), from €1.7m to €1.0m
- Taxes -€195,020
down €195,020 (-36.3%), from €537,436 to €342,417
- Financial income +€34,980
up €34,980 (+40.7%), from €85,889 to €120,869
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.
Result 2024
€1.2m
Gross operating margin
-€646,098
Depreciation
+€2,522
Other operating charges
+€85
Financial income
+€34,980
Financial charges
+€5,463
Taxes
+€195,020
Result 2025
€743,316
raises the resultlowers the result
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.
From operations
+€141,641
Investment
+€575,344
Financing
-€700,000
Cash 2024
€8,723
From operations (derived)
+€141,641
Net result for the year
+€743,316
Depreciation
+€43,672
Receivables within one year
-€111,690
Trade debts
+€3,057
Tax, wage and social debts
-€21,465
Other debts
+€332,500
Accrued charges and deferred income
-€847,750
Investment (derived)
+€575,344
Current investments
+€575,344
Financing
-€700,000
Contributions, distributions and other
-€700,000
Cash 2025
€25,708
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,309,278 | €5,818,937 | -€490,342 | -7.8% |
| Fixed assets | 21/28 | €1,105,997 | €1,062,325 | -€43,672 | -3.9% |
| Tangible fixed assets | 22/27 | €1,105,928 | €1,062,257 | -€43,672 | -3.9% |
| Land and buildings | 22 | €1,048,333 | €1,019,287 | -€29,047 | -2.8% |
| Plant, machinery and equipment | 23 | €2,817 | €1,878 | -€939 | -33.3% |
| Furniture and vehicles | 24 | €54,779 | €41,092 | -€13,686 | -25.0% |
| Financial fixed assets | 28 | €68 | €68 | = | 0.0% |
| Current assets | 29/58 | €5,203,282 | €4,756,612 | -€446,670 | -8.6% |
| Amounts receivable within one year | 40/41 | €68,052 | €179,742 | +€111,690 | +164% |
| Trade receivables | 40 | €40,333 | €40,333 | = | 0.0% |
| Other amounts receivable | 41 | €27,719 | €139,409 | +€111,690 | +403% |
| Current investments | 50/53 | €5,126,506 | €4,551,162 | -€575,344 | -11.2% |
| Cash at bank and in hand | 54/58 | €8,723 | €25,708 | +€16,985 | +195% |
| Total equity and liabilities | 10/49 | €6,309,278 | €5,818,937 | -€490,342 | -7.8% |
| Equity | 10/15 | €3,265,944 | €3,309,260 | +€43,316 | +1.3% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €3,234,944 | €3,278,260 | +€43,316 | +1.3% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,974 | €27,974 | = | 0.0% |
| Distributable reserves | 133 | €3,203,870 | €3,247,186 | +€43,316 | +1.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €98,458 | €98,458 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €98,458 | €98,458 | = | 0.0% |
| Pensions and similar obligations | 160 | €98,458 | €98,458 | = | 0.0% |
| Amounts payable | 17/49 | €2,944,876 | €2,411,219 | -€533,658 | -18.1% |
| Amounts payable within one year | 42/48 | €119,043 | €433,135 | +€314,092 | +264% |
| Trade debts | 44 | €6,146 | €9,203 | +€3,057 | +49.7% |
| Suppliers | 440/4 | €6,146 | €9,203 | +€3,057 | +49.7% |
| Taxes, remuneration and social security | 45 | €112,897 | €91,432 | -€21,465 | -19.0% |
| Taxes | 450/3 | €112,897 | €91,432 | -€21,465 | -19.0% |
| Other amounts payable | 47/48 | - | €332,500 | +€332,500 | |
| Accrued charges and deferred income | 492/3 | €2,825,833 | €1,978,083 | -€847,750 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,193 | €43,672 | -€2,522 | -5.5% |
| Other operating charges | 640/8 | €5,283 | €5,198 | -€85 | -1.6% |
| Gross operating margin | 9900 | €1,667,359 | €1,021,261 | -€646,098 | -38.7% |
| Operating profit (loss) | 9901 | €1,615,882 | €972,391 | -€643,491 | -39.8% |
| Financial income | 75/76B | €85,889 | €120,869 | +€34,980 | +40.7% |
| Recurring financial income | 75 | €85,889 | €120,869 | +€34,980 | +40.7% |
| Financial charges | 65/66B | €12,990 | €7,527 | -€5,463 | -42.1% |
| Recurring financial charges | 65 | €12,990 | €7,527 | -€5,463 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | €1,688,781 | €1,085,733 | -€603,048 | -35.7% |
| Income taxes | 67/77 | €537,436 | €342,417 | -€195,020 | -36.3% |
| Profit (loss) for the period | 9904 | €1,151,344 | €743,316 | -€408,028 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,151,344 | €743,316 | -€408,028 | -35.4% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.