RISC GROUP: 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.
RISC GROUP
Largest movements
- Current investments -€6.1m
down €6.1m (-100%), from €6.1m to €0
- Cash -€4.5m
down €4.5m (-85.4%), from €5.3m to €775,195
- Receivables within one year -€723,654
down €723,654 (-33.9%), from €2.1m to €1.4m
of which Other amounts receivable: -€759,173
- Profit (loss) carried forward -€11.3m
down €11.3m (-105%), from -€10.8m to -€22.1m
- Other debts +€591,613
up €591,613 (+2.6%), from €23.0m to €23.6m
- Short-term financial debts -€588,408
down €588,408 (-88.5%), from €664,678 to €76,270
- Trade debts -€242,878
down €242,878 (-80.3%), from €302,319 to €59,440
- Accrued charges and deferred income +€195,166
up €195,166 (+74,882%), from €261 to €195,427
- Financial income -€37.1m
down €37.1m (-95.8%), from €38.7m to €1.6m
- Financial charges -€35.4m
down €35.4m (-73.2%), from €48.4m to €13.0m
- Write-downs -€200,601
new in 2024: -€200,601
- Other operating charges +€200,465
up €200,465 (+18,524%), from €1,082 to €201,547
- Gross operating margin +€10,655
up €10,655, from -€2,236 to €8,419
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,556,326 | €2,195,863 | -€11.4m | -83.8% |
| Current assets | 29/58 | €13,556,326 | €2,195,863 | -€11.4m | -83.8% |
| Amounts receivable within one year | 40/41 | €2,135,206 | €1,411,553 | -€723,654 | -33.9% |
| Trade receivables | 40 | €25,275 | €60,794 | +€35,519 | +141% |
| Other amounts receivable | 41 | €2,109,932 | €1,350,759 | -€759,173 | -36.0% |
| Current investments | 50/53 | €6,117,079 | €0 | -€6.1m | -100% |
| Cash at bank and in hand | 54/58 | €5,303,972 | €775,195 | -€4.5m | -85.4% |
| Deferred charges and accrued income | 490/1 | €68 | €9,116 | +€9,048 | +13,315% |
| Total equity and liabilities | 10/49 | €13,556,326 | €2,195,863 | -€11.4m | -83.8% |
| Equity | 10/15 | -€10,403,699 | -€21,717,924 | -€11.3m | -109% |
| Contributions | 10/11 | €342,760 | €342,760 | = | 0.0% |
| Capital | 10 | €342,000 | €342,000 | = | 0.0% |
| Issued capital | 100 | €342,000 | €342,000 | = | 0.0% |
| Contributions outside capital | 11 | €760 | €760 | = | 0.0% |
| Share premium | 1100/10 | €760 | €760 | = | 0.0% |
| Reserves | 13 | €34,200 | €34,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €34,200 | €34,200 | = | 0.0% |
| Legal reserve | 130 | €34,200 | €34,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,780,659 | -€22,094,884 | -€11.3m | -105% |
| Amounts payable | 17/49 | €23,960,024 | €23,913,787 | -€46,237 | -0.2% |
| Amounts payable within one year | 42/48 | €23,959,763 | €23,718,361 | -€241,403 | -1.0% |
| Financial debts | 43 | €664,678 | €76,270 | -€588,408 | -88.5% |
| Credit institutions | 430/8 | €664,678 | €76,270 | -€588,408 | -88.5% |
| Trade debts | 44 | €302,319 | €59,440 | -€242,878 | -80.3% |
| Suppliers | 440/4 | €302,319 | €59,440 | -€242,878 | -80.3% |
| Taxes, remuneration and social security | 45 | €1,730 | €0 | -€1,730 | -100% |
| Taxes | 450/3 | €1,730 | €0 | -€1,730 | -100% |
| Other amounts payable | 47/48 | €22,991,037 | €23,582,650 | +€591,613 | +2.6% |
| Accrued charges and deferred income | 492/3 | €261 | €195,427 | +€195,166 | +74,882% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€200,601 | -€200,601 | |
| Other operating charges | 640/8 | €1,082 | €201,547 | +€200,465 | +18,524% |
| Gross operating margin | 9900 | -€2,236 | €8,419 | +€10,655 | |
| Operating profit (loss) | 9901 | -€3,318 | €7,472 | +€10,791 | |
| Financial income | 75/76B | €38,705,149 | €1,632,813 | -€37.1m | -95.8% |
| Recurring financial income | 75 | €38,705,149 | €1,632,813 | -€37.1m | -95.8% |
| Financial charges | 65/66B | €48,388,139 | €12,953,620 | -€35.4m | -73.2% |
| Recurring financial charges | 65 | €48,388,139 | €12,953,620 | -€35.4m | -73.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,686,308 | -€11,313,335 | -€1.6m | -16.8% |
| Income taxes | 67/77 | - | €890 | +€890 | |
| Profit (loss) for the period | 9904 | -€9,686,308 | -€11,314,225 | -€1.6m | -16.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,686,308 | -€11,314,225 | -€1.6m | -16.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 31 August 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.