RISE TRANSPORT: what changed
RISE TRANSPORT
Largest movements
- Receivables within one year +€58,066
up €58,066 (+33.6%), from €172,993 to €231,059
of which Other amounts receivable: +€68,045
- Cash -€20,570
down €20,570 (-99.4%), from €20,684 to €114
mainly Receivables within one year (-€58,066) and Trade debts (-€21,420)
- Tangible fixed assets -€8,537
down €8,537 (-36.0%), from €23,719 to €15,182
- Reserves +€23,950
new in 2025: €23,950
- Trade debts -€21,420
down €21,420 (-31.6%), from €67,755 to €46,335
- Tax, wage and social debts +€18,581
up €18,581 (+44.2%), from €42,009 to €60,590
of which Taxes: +€11,939
- Advances received +€11,129
up €11,129 (+58.4%), from €19,048 to €30,177
- Current portion of long-term debt -€10,505
down €10,505 (-61.2%), from €17,153 to €6,648
- Staff costs +€11,345
up €11,345 (+13.7%), from €83,020 to €94,365
- Gross operating margin +€3,678
up €3,678 (+2.6%), from €139,243 to €142,920
- Other operating charges -€3,668
down €3,668 (-84.7%), from €4,329 to €661
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,396 | €255,355 | +€28,959 | +12.8% |
| Fixed assets | 21/28 | €32,719 | €24,182 | -€8,537 | -26.1% |
| Tangible fixed assets | 22/27 | €23,719 | €15,182 | -€8,537 | -36.0% |
| Furniture and vehicles | 24 | €23,719 | €15,182 | -€8,537 | -36.0% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €193,677 | €231,173 | +€37,496 | +19.4% |
| Amounts receivable within one year | 40/41 | €172,993 | €231,059 | +€58,066 | +33.6% |
| Trade receivables | 40 | €122,563 | €112,585 | -€9,979 | -8.1% |
| Other amounts receivable | 41 | €50,429 | €118,474 | +€68,045 | +135% |
| Cash at bank and in hand | 54/58 | €20,684 | €114 | -€20,570 | -99.4% |
| Total equity and liabilities | 10/49 | €226,396 | €255,355 | +€28,959 | +12.8% |
| Equity | 10/15 | €76,460 | €100,410 | +€23,950 | +31.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €23,950 | +€23,950 | |
| Distributable reserves | 133 | - | €23,950 | +€23,950 | |
| Profit (loss) carried forward | 14 | €57,860 | €57,860 | = | 0.0% |
| Amounts payable | 17/49 | €149,935 | €154,944 | +€5,009 | +3.3% |
| Amounts payable within one year | 42/48 | €149,935 | €147,210 | -€2,725 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €17,153 | €6,648 | -€10,505 | -61.2% |
| Financial debts | 43 | - | €3,459 | +€3,459 | |
| Credit institutions | 430/8 | - | €3,459 | +€3,459 | |
| Trade debts | 44 | €67,755 | €46,335 | -€21,420 | -31.6% |
| Suppliers | 440/4 | €67,755 | €46,335 | -€21,420 | -31.6% |
| Advances received on contracts in progress | 46 | €19,048 | €30,177 | +€11,129 | +58.4% |
| Taxes, remuneration and social security | 45 | €42,009 | €60,590 | +€18,581 | +44.2% |
| Taxes | 450/3 | €35,740 | €47,680 | +€11,939 | +33.4% |
| Remuneration and social security | 454/9 | €6,268 | €12,910 | +€6,642 | +106% |
| Other amounts payable | 47/48 | €3,970 | - | -€3,970 | |
| Accrued charges and deferred income | 492/3 | - | €7,734 | +€7,734 | |
| Remuneration, social security and pensions | 62 | €83,020 | €94,365 | +€11,345 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,644 | €13,537 | +€893 | +7.1% |
| Other operating charges | 640/8 | €4,329 | €661 | -€3,668 | -84.7% |
| Gross operating margin | 9900 | €139,243 | €142,920 | +€3,678 | +2.6% |
| Operating profit (loss) | 9901 | €39,250 | €34,358 | -€4,892 | -12.5% |
| Financial income | 75/76B | - | €1,061 | +€1,061 | |
| Recurring financial income | 75 | - | €1,061 | +€1,061 | |
| Financial charges | 65/66B | €933 | €1,825 | +€893 | +95.7% |
| Recurring financial charges | 65 | €933 | €1,825 | +€893 | +95.7% |
| Profit (loss) for the period before taxes | 9903 | €38,317 | €33,593 | -€4,724 | -12.3% |
| Income taxes | 67/77 | €9,216 | €9,643 | +€427 | +4.6% |
| Profit (loss) for the period | 9904 | €29,101 | €23,950 | -€5,151 | -17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,101 | €23,950 | -€5,151 | -17.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.