RISHMA: what changed
Two fiscal 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.
RISHMA
Largest movements
- Cash +€53,432
up €53,432 (+223.2%), from €23,941 to €77,374
mainly Net result for the year (+€24,459) and Receivables within one year (+€9,223)
- Receivables within one year -€9,223
down €9,223 (-76.9%), from €11,990 to €2,767
- Tangible fixed assets -€5,316
down €5,316 (-33.4%), from €15,916 to €10,599
- Profit (loss) carried forward +€24,459
up €24,459 (+4082.4%), from €599 to €25,058
- Tax, wage and social debts +€7,715
up €7,715 (+57.5%), from €13,420 to €21,134
of which Remuneration and social security: +€5,376
- Other debts -€5,756
down €5,756 (-27.1%), from €21,250 to €15,493
- Trade debts +€5,226
up €5,226 (+64.7%), from €8,079 to €13,305
- Current portion of long-term debt +€4,446
new in 2025: €4,446
- Gross operating margin +€99,896
up €99,896 (+127.4%), from €78,391 to €178,287
- Staff costs +€67,213
up €67,213 (+100.5%), from €66,878 to €134,091
- Taxes +€6,542
up €6,542 (+434.7%), from €1,505 to €8,047
- Other operating charges +€2,447
up €2,447 (+83.2%), from €2,940 to €5,387
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 | €55,347 | €94,240 | +€38,893 | +70.3% |
| Fixed assets | 21/28 | €19,416 | €14,099 | -€5,316 | -27.4% |
| Tangible fixed assets | 22/27 | €15,916 | €10,599 | -€5,316 | -33.4% |
| Furniture and vehicles | 24 | €15,916 | €10,599 | -€5,316 | -33.4% |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €35,931 | €80,141 | +€44,209 | +123.0% |
| Amounts receivable within one year | 40/41 | €11,990 | €2,767 | -€9,223 | -76.9% |
| Other amounts receivable | 41 | €11,990 | €2,767 | -€9,223 | -76.9% |
| Cash at bank and in hand | 54/58 | €23,941 | €77,374 | +€53,432 | +223.2% |
| Total equity and liabilities | 10/49 | €55,347 | €94,240 | +€38,893 | +70.3% |
| Equity | 10/15 | €12,599 | €37,058 | +€24,459 | +194.1% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €599 | €25,058 | +€24,459 | +4082.4% |
| Amounts payable | 17/49 | €42,748 | €57,182 | +€14,434 | +33.8% |
| Amounts payable after more than one year | 17 | - | €2,804 | +€2,804 | |
| Financial debts | 170/4 | - | €2,804 | +€2,804 | |
| Amounts payable within one year | 42/48 | €42,748 | €54,378 | +€11,631 | +27.2% |
| Current portion of amounts payable after more than one year | 42 | - | €4,446 | +€4,446 | |
| Trade debts | 44 | €8,079 | €13,305 | +€5,226 | +64.7% |
| Suppliers | 440/4 | €8,079 | €13,305 | +€5,226 | +64.7% |
| Taxes, remuneration and social security | 45 | €13,420 | €21,134 | +€7,715 | +57.5% |
| Taxes | 450/3 | €13,420 | €15,759 | +€2,339 | +17.4% |
| Remuneration and social security | 454/9 | - | €5,376 | +€5,376 | |
| Other amounts payable | 47/48 | €21,250 | €15,493 | -€5,756 | -27.1% |
| Remuneration, social security and pensions | 62 | €66,878 | €134,091 | +€67,213 | +100.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,083 | €5,316 | +€233 | +4.6% |
| Other operating charges | 640/8 | €2,940 | €5,387 | +€2,447 | +83.2% |
| Gross operating margin | 9900 | €78,391 | €178,287 | +€99,896 | +127.4% |
| Operating profit (loss) | 9901 | €3,490 | €33,492 | +€30,003 | +859.7% |
| Financial income | 75/76B | €0 | €2 | +€2 | +17900.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +17900.0% |
| Financial charges | 65/66B | €1,699 | €988 | -€710 | -41.8% |
| Recurring financial charges | 65 | €1,699 | €988 | -€710 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €1,791 | €32,506 | +€30,715 | +1714.9% |
| Income taxes | 67/77 | €1,505 | €8,047 | +€6,542 | +434.7% |
| Profit (loss) for the period | 9904 | €286 | €24,459 | +€24,173 | +8451.1% |
| Profit (loss) for the period to be appropriated | 9905 | €286 | €24,459 | +€24,173 | +8451.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.