RISE-HUP: 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-HUP
Largest movements
- Cash -€13,588
down €13,588 (-59.6%), from €22,805 to €9,217
mainly Receivables within one year (-€9,400) and Trade debts (-€4,084)
- Receivables within one year +€9,400
new in 2025: €9,400
- Tangible fixed assets -€3,416
down €3,416 (-29.7%), from €11,486 to €8,070
of which Furniture and vehicles: -€2,766
- Deferred charges and accrued income +€862
new in 2025: €862
- Trade debts -€4,084
down €4,084 (-74.3%), from €5,500 to €1,416
- Other debts -€2,367
down €2,367 (-21.7%), from €10,913 to €8,546
- Profit (loss) carried forward -€800
down €800 (-85.7%), from -€933 to -€1,733
- Tax, wage and social debts +€509
up €509 (+11.8%), from €4,311 to €4,820
- Gross operating margin +€3,693
up €3,693, from -€460 to €3,233
- Depreciation +€3,114
up €3,114 (+1,029%), from €303 to €3,416
- Taxes +€421
up €421 (+246%), from €171 to €592
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 | €34,790 | €28,049 | -€6,741 | -19.4% |
| Fixed assets | 21/28 | €11,986 | €8,570 | -€3,416 | -28.5% |
| Tangible fixed assets | 22/27 | €11,486 | €8,070 | -€3,416 | -29.7% |
| Plant, machinery and equipment | 23 | €586 | €385 | -€200 | -34.2% |
| Furniture and vehicles | 24 | €9,583 | €6,817 | -€2,766 | -28.9% |
| Other tangible fixed assets | 26 | €1,317 | €867 | -€450 | -34.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €22,805 | €19,479 | -€3,325 | -14.6% |
| Amounts receivable within one year | 40/41 | - | €9,400 | +€9,400 | |
| Trade receivables | 40 | - | €9,400 | +€9,400 | |
| Cash at bank and in hand | 54/58 | €22,805 | €9,217 | -€13,588 | -59.6% |
| Deferred charges and accrued income | 490/1 | - | €862 | +€862 | |
| Total equity and liabilities | 10/49 | €34,790 | €28,049 | -€6,741 | -19.4% |
| Equity | 10/15 | €4,067 | €3,267 | -€800 | -19.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€933 | -€1,733 | -€800 | -85.7% |
| Amounts payable | 17/49 | €30,724 | €24,782 | -€5,942 | -19.3% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,724 | €14,782 | -€5,942 | -28.7% |
| Trade debts | 44 | €5,500 | €1,416 | -€4,084 | -74.3% |
| Suppliers | 440/4 | €5,500 | €1,416 | -€4,084 | -74.3% |
| Taxes, remuneration and social security | 45 | €4,311 | €4,820 | +€509 | +11.8% |
| Taxes | 450/3 | €4,311 | €4,820 | +€509 | +11.8% |
| Other amounts payable | 47/48 | €10,913 | €8,546 | -€2,367 | -21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €303 | €3,416 | +€3,114 | +1,029% |
| Gross operating margin | 9900 | -€460 | €3,233 | +€3,693 | |
| Operating profit (loss) | 9901 | -€762 | -€183 | +€579 | +76.0% |
| Financial charges | 65/66B | - | €24 | +€24 | |
| Recurring financial charges | 65 | - | €24 | +€24 | |
| Profit (loss) for the period before taxes | 9903 | -€762 | -€207 | +€555 | +72.8% |
| Income taxes | 67/77 | €171 | €592 | +€421 | +246% |
| Profit (loss) for the period | 9904 | -€933 | -€800 | +€133 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€933 | -€800 | +€133 | +14.3% |
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 19 October 2026 via checked.be.