RISE CO: 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.
RISE CO
Largest movements
- Stocks and contracts +€63,296
up €63,296 (+39.4%), from €160,763 to €224,058
- Tangible fixed assets +€52,759
up €52,759 (+849%), from €6,215 to €58,974
of which Assets under construction and advance payments: +€34,874
- Receivables within one year -€16,557
down €16,557 (-64.4%), from €25,717 to €9,159
of which Trade receivables: -€15,492
- Cash +€13,092
up €13,092 (+118%), from €11,055 to €24,147
mainly Short-term financial debts (+€55,682) and Debts after one year (+€21,981)
- Short-term financial debts +€55,682
new in 2025: €55,682
- Debts after one year +€21,981
new in 2025: €21,981
- Reserves +€18,243
up €18,243 (+24.6%), from €74,175 to €92,417
- Current portion of long-term debt +€13,863
new in 2025: €13,863
- Trade debts +€3,862
up €3,862 (+130%), from €2,962 to €6,824
- Gross operating margin -€5,029
down €5,029 (-10.7%), from €47,139 to €42,110
- Taxes -€3,679
down €3,679 (-31.3%), from €11,750 to €8,071
- Depreciation +€2,202
up €2,202 (+61.8%), from €3,563 to €5,765
- Other operating charges +€1,932
up €1,932 (+177%), from €1,089 to €3,021
- Financial charges +€1,125
up €1,125 (+19.1%), from €5,892 to €7,017
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €204,105 | €316,488 | +€112,383 | +55.1% |
| Fixed assets | 21/28 | €6,215 | €58,974 | +€52,759 | +849% |
| Tangible fixed assets | 22/27 | €6,215 | €58,974 | +€52,759 | +849% |
| Plant, machinery and equipment | 23 | €188 | €21,220 | +€21,031 | +11,160% |
| Furniture and vehicles | 24 | €6,027 | €2,881 | -€3,146 | -52.2% |
| Assets under construction and advance payments | 27 | - | €34,874 | +€34,874 | |
| Current assets | 29/58 | €197,890 | €257,514 | +€59,624 | +30.1% |
| Stocks and contracts in progress | 3 | €160,763 | €224,058 | +€63,296 | +39.4% |
| Stocks | 30/36 | €160,763 | €224,058 | +€63,296 | +39.4% |
| Amounts receivable within one year | 40/41 | €25,717 | €9,159 | -€16,557 | -64.4% |
| Trade receivables | 40 | €20,603 | €5,111 | -€15,492 | -75.2% |
| Other amounts receivable | 41 | €5,114 | €4,048 | -€1,066 | -20.8% |
| Cash at bank and in hand | 54/58 | €11,055 | €24,147 | +€13,092 | +118% |
| Deferred charges and accrued income | 490/1 | €356 | €149 | -€207 | -58.2% |
| Total equity and liabilities | 10/49 | €204,105 | €316,488 | +€112,383 | +55.1% |
| Equity | 10/15 | €123,393 | €140,802 | +€17,410 | +14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €74,175 | €92,417 | +€18,243 | +24.6% |
| Distributable reserves | 133 | €74,175 | €92,417 | +€18,243 | +24.6% |
| Profit (loss) carried forward | 14 | €30,618 | €29,785 | -€833 | -2.7% |
| Amounts payable | 17/49 | €80,712 | €175,686 | +€94,973 | +118% |
| Amounts payable after more than one year | 17 | - | €21,981 | +€21,981 | |
| Financial debts | 170/4 | - | €21,981 | +€21,981 | |
| Amounts payable within one year | 42/48 | €75,045 | €149,035 | +€73,989 | +98.6% |
| Current portion of amounts payable after more than one year | 42 | - | €13,863 | +€13,863 | |
| Financial debts | 43 | - | €55,682 | +€55,682 | |
| Credit institutions | 430/8 | - | €55,682 | +€55,682 | |
| Trade debts | 44 | €2,962 | €6,824 | +€3,862 | +130% |
| Suppliers | 440/4 | €2,962 | €6,824 | +€3,862 | +130% |
| Taxes, remuneration and social security | 45 | €3,880 | €721 | -€3,159 | -81.4% |
| Taxes | 450/3 | €3,880 | €721 | -€3,159 | -81.4% |
| Other amounts payable | 47/48 | €68,203 | €71,945 | +€3,742 | +5.5% |
| Accrued charges and deferred income | 492/3 | €5,667 | €4,670 | -€997 | -17.6% |
| Remuneration, social security and pensions | 62 | €483 | - | -€483 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,563 | €5,765 | +€2,202 | +61.8% |
| Other operating charges | 640/8 | €1,089 | €3,021 | +€1,932 | +177% |
| Gross operating margin | 9900 | €47,139 | €42,110 | -€5,029 | -10.7% |
| Operating profit (loss) | 9901 | €42,004 | €33,324 | -€8,680 | -20.7% |
| Financial income | 75/76B | €1 | €6 | +€5 | +402% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +402% |
| Financial charges | 65/66B | €5,892 | €7,017 | +€1,125 | +19.1% |
| Recurring financial charges | 65 | €5,892 | €7,017 | +€1,125 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | €36,113 | €26,313 | -€9,800 | -27.1% |
| Income taxes | 67/77 | €11,750 | €8,071 | -€3,679 | -31.3% |
| Profit (loss) for the period | 9904 | €24,363 | €18,243 | -€6,120 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,363 | €18,243 | -€6,120 | -25.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.