RISEN: 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.
RISEN
Largest movements
- Tangible fixed assets -€3,436
down €3,436 (-14.9%), from €23,062 to €19,626
of which Other tangible fixed assets: -€2,209
- Cash +€981
new in 2025: €981
mainly Depreciation (+€3,436) and Accrued charges and deferred income (+€1,903)
- Receivables within one year +€791
up €791 (+3.3%), from €24,174 to €24,966
of which Trade receivables: +€2,562
- Current portion of long-term debt -€5,066
no longer reported in 2025 (was €5,066)
- Accrued charges and deferred income +€1,903
up €1,903 (+195%), from €978 to €2,882
- Trade debts +€1,535
up €1,535 (+20.6%), from €7,461 to €8,996
- Short-term financial debts -€877
no longer reported in 2025 (was €877)
- Profit (loss) carried forward +€828
up €828 (+29.8%), from €2,776 to €3,604
- Gross operating margin -€8,030
down €8,030 (-45.6%), from €17,619 to €9,588
- Other operating charges -€2,385
down €2,385 (-51.4%), from €4,636 to €2,252
- Taxes -€895
down €895 (-37.5%), from €2,385 to €1,490
- Depreciation -€548
down €548 (-13.8%), from €3,983 to €3,436
- Financial charges +€473
up €473 (+37.0%), from €1,276 to €1,749
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 | €47,733 | €46,155 | -€1,578 | -3.3% |
| Fixed assets | 21/28 | €23,062 | €19,626 | -€3,436 | -14.9% |
| Tangible fixed assets | 22/27 | €23,062 | €19,626 | -€3,436 | -14.9% |
| Furniture and vehicles | 24 | €3,200 | €1,974 | -€1,227 | -38.3% |
| Other tangible fixed assets | 26 | €19,861 | €17,652 | -€2,209 | -11.1% |
| Current assets | 29/58 | €24,672 | €26,529 | +€1,857 | +7.5% |
| Amounts receivable within one year | 40/41 | €24,174 | €24,966 | +€791 | +3.3% |
| Trade receivables | 40 | €20,986 | €23,548 | +€2,562 | +12.2% |
| Other amounts receivable | 41 | €3,189 | €1,418 | -€1,771 | -55.5% |
| Cash at bank and in hand | 54/58 | - | €981 | +€981 | |
| Deferred charges and accrued income | 490/1 | €497 | €582 | +€84 | +17.0% |
| Total equity and liabilities | 10/49 | €47,733 | €46,155 | -€1,578 | -3.3% |
| Equity | 10/15 | €13,373 | €14,201 | +€828 | +6.2% |
| Contributions | 10/11 | €8,738 | €8,738 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,776 | €3,604 | +€828 | +29.8% |
| Amounts payable | 17/49 | €34,360 | €31,954 | -€2,407 | -7.0% |
| Amounts payable within one year | 42/48 | €33,382 | €29,072 | -€4,310 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €5,066 | - | -€5,066 | |
| Financial debts | 43 | €877 | - | -€877 | |
| Credit institutions | 430/8 | €877 | - | -€877 | |
| Trade debts | 44 | €7,461 | €8,996 | +€1,535 | +20.6% |
| Suppliers | 440/4 | €7,461 | €8,996 | +€1,535 | +20.6% |
| Taxes, remuneration and social security | 45 | €19,978 | €20,076 | +€98 | +0.5% |
| Taxes | 450/3 | €19,978 | €20,076 | +€98 | +0.5% |
| Accrued charges and deferred income | 492/3 | €978 | €2,882 | +€1,903 | +195% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,983 | €3,436 | -€548 | -13.8% |
| Other operating charges | 640/8 | €4,636 | €2,252 | -€2,385 | -51.4% |
| Gross operating margin | 9900 | €17,619 | €9,588 | -€8,030 | -45.6% |
| Operating profit (loss) | 9901 | €8,999 | €3,901 | -€5,098 | -56.6% |
| Financial income | 75/76B | €113 | €165 | +€52 | +46.1% |
| Recurring financial income | 75 | €113 | €165 | +€52 | +46.1% |
| Financial charges | 65/66B | €1,276 | €1,749 | +€473 | +37.0% |
| Recurring financial charges | 65 | €1,276 | €1,749 | +€473 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | €7,836 | €2,318 | -€5,518 | -70.4% |
| Income taxes | 67/77 | €2,385 | €1,490 | -€895 | -37.5% |
| Profit (loss) for the period | 9904 | €5,451 | €828 | -€4,623 | -84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,451 | €828 | -€4,623 | -84.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.