RISEUP: 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.
RISEUP
Largest movements
- Intangible fixed assets -€19,194
down €19,194 (-12.5%), from €153,552 to €134,358
- Cash -€10,393
down €10,393 (-32.3%), from €32,216 to €21,822
mainly Contributions, distributions and other (-€26,826) and Current portion of long-term debt (-€22,652)
- Tangible fixed assets +€4,078
up €4,078 (+190.3%), from €2,143 to €6,222
of which Plant, machinery and equipment: +€4,583
- Other debts +€26,826
new in 2025: €26,826
- Current portion of long-term debt -€22,652
no longer reported in 2025 (was €22,652)
- Tax, wage and social debts -€13,622
down €13,622 (-28.7%), from €47,396 to €33,773
of which Taxes: -€13,811
- Reserves -€11,186
down €11,186 (-9.3%), from €120,326 to €109,140
of which Distributable reserves: -€11,186
- Trade debts -€2,396
down €2,396 (-56.4%), from €4,249 to €1,853
- Taxes -€2,944
down €2,944 (-17.9%), from €16,439 to €13,494
- Gross operating margin -€1,975
down €1,975 (-3.5%), from €57,115 to €55,141
- Depreciation +€1,249
up €1,249 (+5.6%), from €22,393 to €23,642
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.
Cash bridge derived
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 | €200,823 | €177,792 | -€23,031 | -11.5% |
| Fixed assets | 21/28 | €155,695 | €140,580 | -€15,116 | -9.7% |
| Intangible fixed assets | 21 | €153,552 | €134,358 | -€19,194 | -12.5% |
| Tangible fixed assets | 22/27 | €2,143 | €6,222 | +€4,078 | +190.3% |
| Plant, machinery and equipment | 23 | €1,638 | €6,222 | +€4,583 | +279.8% |
| Furniture and vehicles | 24 | €505 | - | -€505 | |
| Current assets | 29/58 | €45,128 | €37,212 | -€7,916 | -17.5% |
| Amounts receivable within one year | 40/41 | €12,464 | €13,664 | +€1,200 | +9.6% |
| Trade receivables | 40 | €11,978 | €8,470 | -€3,508 | -29.3% |
| Other amounts receivable | 41 | €486 | €5,194 | +€4,708 | +968.5% |
| Cash at bank and in hand | 54/58 | €32,216 | €21,822 | -€10,393 | -32.3% |
| Deferred charges and accrued income | 490/1 | €448 | €1,726 | +€1,278 | +285.3% |
| Total equity and liabilities | 10/49 | €200,823 | €177,792 | -€23,031 | -11.5% |
| Equity | 10/15 | €126,526 | €115,340 | -€11,186 | -8.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €120,326 | €109,140 | -€11,186 | -9.3% |
| Tax-exempt reserves | 132 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €120,126 | €108,940 | -€11,186 | -9.3% |
| Amounts payable | 17/49 | €74,297 | €62,452 | -€11,845 | -15.9% |
| Amounts payable within one year | 42/48 | €74,297 | €62,452 | -€11,845 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €22,652 | - | -€22,652 | |
| Trade debts | 44 | €4,249 | €1,853 | -€2,396 | -56.4% |
| Suppliers | 440/4 | €4,249 | €1,853 | -€2,396 | -56.4% |
| Taxes, remuneration and social security | 45 | €47,396 | €33,773 | -€13,622 | -28.7% |
| Taxes | 450/3 | €47,396 | €33,584 | -€13,811 | -29.1% |
| Remuneration and social security | 454/9 | - | €189 | +€189 | |
| Other amounts payable | 47/48 | - | €26,826 | +€26,826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,393 | €23,642 | +€1,249 | +5.6% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | €57,115 | €55,141 | -€1,975 | -3.5% |
| Operating profit (loss) | 9901 | €34,672 | €31,499 | -€3,173 | -9.2% |
| Financial income | 75/76B | €1 | €112 | +€111 | +10201.8% |
| Recurring financial income | 75 | €1 | €110 | +€109 | +11017.2% |
| Non-recurring financial income | 76B | €0 | €2 | +€2 | +2130.0% |
| Financial charges | 65/66B | €2,497 | €2,477 | -€20 | -0.8% |
| Recurring financial charges | 65 | €2,487 | €2,448 | -€40 | -1.6% |
| Non-recurring financial charges | 66B | €10 | €29 | +€19 | +194.8% |
| Profit (loss) for the period before taxes | 9903 | €32,176 | €29,134 | -€3,042 | -9.5% |
| Income taxes | 67/77 | €16,439 | €13,494 | -€2,944 | -17.9% |
| Profit (loss) for the period | 9904 | €15,737 | €15,640 | -€98 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,737 | €15,640 | -€98 | -0.6% |
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 10 October 2026 via checked.be.