RiskiT: 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.
RiskiT
Largest movements
- Tangible fixed assets +€644,201
up €644,201 (+123.3%), from €522,607 to €1.2m
of which Assets under construction and advance payments: +€504,548
- Current investments +€81,641
up €81,641 (+6.8%), from €1.2m to €1.3m
- Cash -€69,798
down €69,798 (-60.7%), from €114,955 to €45,157
mainly Investment in fixed assets (net) (-€685,502) and Contributions, distributions and other (-€230,799)
- Receivables within one year -€57,843
down €57,843 (-41.8%), from €138,330 to €80,486
of which Trade receivables: -€51,218
- Debts after one year +€414,770
up €414,770 (+301.4%), from €137,606 to €552,375
- Reserves +€88,192
up €88,192 (+5.5%), from €1.6m to €1.7m
of which Distributable reserves: +€125,285
- Other debts +€86,507
up €86,507 (+626.8%), from €13,801 to €100,308
- Current portion of long-term debt +€72,712
up €72,712 (+136.6%), from €53,218 to €125,930
- Short-term financial debts -€48,231
down €48,231 (-64.5%), from €74,760 to €26,529
- Financial income +€144,465
up €144,465 (+546.6%), from €26,430 to €170,896
- Staff costs +€38,831
up €38,831 (+25.9%), from €149,680 to €188,511
- Taxes +€30,099
up €30,099 (+25.1%), from €119,946 to €150,046
- Financial charges +€27,198
up €27,198 (+191.9%), from €14,177 to €41,375
- Depreciation +€20,660
up €20,660 (+100.1%), from €20,640 to €41,300
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,973,660 | €2,591,979 | +€618,319 | +31.3% |
| Fixed assets | 21/28 | €522,607 | €1,166,808 | +€644,201 | +123.3% |
| Tangible fixed assets | 22/27 | €522,607 | €1,166,808 | +€644,201 | +123.3% |
| Land and buildings | 22 | €507,415 | €652,724 | +€145,309 | +28.6% |
| Furniture and vehicles | 24 | €15,192 | €9,536 | -€5,656 | -37.2% |
| Assets under construction and advance payments | 27 | - | €504,548 | +€504,548 | |
| Current assets | 29/58 | €1,451,053 | €1,425,171 | -€25,883 | -1.8% |
| Amounts receivable within one year | 40/41 | €138,330 | €80,486 | -€57,843 | -41.8% |
| Trade receivables | 40 | €130,039 | €78,821 | -€51,218 | -39.4% |
| Other amounts receivable | 41 | €8,291 | €1,665 | -€6,626 | -79.9% |
| Current investments | 50/53 | €1,195,476 | €1,277,117 | +€81,641 | +6.8% |
| Cash at bank and in hand | 54/58 | €114,955 | €45,157 | -€69,798 | -60.7% |
| Deferred charges and accrued income | 490/1 | €2,293 | €22,411 | +€20,118 | +877.4% |
| Total equity and liabilities | 10/49 | €1,973,660 | €2,591,979 | +€618,319 | +31.3% |
| Equity | 10/15 | €1,605,038 | €1,693,229 | +€88,192 | +5.5% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €1,604,838 | €1,693,029 | +€88,192 | +5.5% |
| Tax-exempt reserves | 132 | €248,638 | €211,544 | -€37,094 | -14.9% |
| Distributable reserves | 133 | €1,356,200 | €1,481,485 | +€125,285 | +9.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €2,435 | +€2,435 | |
| Provisions for liabilities and charges | 160/5 | - | €2,435 | +€2,435 | |
| Other liabilities and charges | 164/5 | - | €2,435 | +€2,435 | |
| Amounts payable | 17/49 | €368,622 | €896,314 | +€527,692 | +143.2% |
| Amounts payable after more than one year | 17 | €137,606 | €552,375 | +€414,770 | +301.4% |
| Financial debts | 170/4 | €137,606 | €552,375 | +€414,770 | +301.4% |
| Amounts payable within one year | 42/48 | €229,582 | €343,207 | +€113,625 | +49.5% |
| Current portion of amounts payable after more than one year | 42 | €53,218 | €125,930 | +€72,712 | +136.6% |
| Financial debts | 43 | €74,760 | €26,529 | -€48,231 | -64.5% |
| Credit institutions | 430/8 | €74,760 | €26,529 | -€48,231 | -64.5% |
| Trade debts | 44 | €34,048 | €29,651 | -€4,397 | -12.9% |
| Suppliers | 440/4 | €34,048 | €29,651 | -€4,397 | -12.9% |
| Taxes, remuneration and social security | 45 | €53,755 | €60,788 | +€7,033 | +13.1% |
| Taxes | 450/3 | €43,640 | €50,188 | +€6,549 | +15.0% |
| Remuneration and social security | 454/9 | €10,115 | €10,600 | +€485 | +4.8% |
| Other amounts payable | 47/48 | €13,801 | €100,308 | +€86,507 | +626.8% |
| Accrued charges and deferred income | 492/3 | €1,435 | €732 | -€703 | -49.0% |
| Non-recurring operating income | 76A | €2,610 | €0 | -€2,610 | -100.0% |
| Remuneration, social security and pensions | 62 | €149,680 | €188,511 | +€38,831 | +25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,640 | €41,300 | +€20,660 | +100.1% |
| Other operating charges | 640/8 | €9,104 | €3,866 | -€5,238 | -57.5% |
| Gross operating margin | 9900 | €553,381 | €573,193 | +€19,812 | +3.6% |
| Operating profit (loss) | 9901 | €373,957 | €339,515 | -€34,441 | -9.2% |
| Financial income | 75/76B | €26,430 | €170,896 | +€144,465 | +546.6% |
| Recurring financial income | 75 | €26,430 | €170,896 | +€144,465 | +546.6% |
| Financial charges | 65/66B | €14,177 | €41,375 | +€27,198 | +191.9% |
| Recurring financial charges | 65 | €14,177 | €41,375 | +€27,198 | +191.9% |
| Profit (loss) for the period before taxes | 9903 | €386,210 | €469,037 | +€82,826 | +21.4% |
| Income taxes | 67/77 | €119,946 | €150,046 | +€30,099 | +25.1% |
| Profit (loss) for the period | 9904 | €266,264 | €318,991 | +€52,727 | +19.8% |
| Transfer from tax-exempt reserves | 789 | €12,382 | €121,294 | +€108,912 | +879.6% |
| Transfer to tax-exempt reserves | 689 | €84,200 | €84,200 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €194,446 | €356,085 | +€161,638 | +83.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.