RISOLTO: 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.
RISOLTO
Largest movements
- Cash +€159,820
up €159,820 (+224%), from €71,397 to €231,217
mainly Depreciation (+€360,364) and Contributions, distributions and other (+€75,000)
- Receivables within one year +€46,930
up €46,930 (+19.4%), from €241,756 to €288,686
of which Trade receivables: +€48,408
- Intangible fixed assets -€23,430
down €23,430 (-2.3%), from €1.0m to €976,592
- Contributions +€75,000
up €75,000 (+12.3%), from €611,769 to €686,769
- Tax, wage and social debts +€55,435
up €55,435 (+355%), from €15,596 to €71,031
of which Remuneration and social security: +€39,330
- Trade debts +€40,306
up €40,306 (+14.5%), from €278,401 to €318,707
- Gross operating margin +€393,375
up €393,375 (+159%), from €248,122 to €641,497
- Staff costs +€186,825
up €186,825 (+348%), from €53,632 to €240,457
- Depreciation -€6,561
down €6,561 (-1.8%), from €366,925 to €360,364
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 | €1,318,524 | €1,507,669 | +€189,145 | +14.3% |
| Fixed assets | 21/28 | €1,001,226 | €983,816 | -€17,410 | -1.7% |
| Intangible fixed assets | 21 | €1,000,021 | €976,592 | -€23,430 | -2.3% |
| Tangible fixed assets | 22/27 | €1,205 | €7,225 | +€6,020 | +500% |
| Plant, machinery and equipment | 23 | €985 | €7,005 | +€6,020 | +611% |
| Other tangible fixed assets | 26 | €220 | €220 | = | 0.0% |
| Current assets | 29/58 | €317,298 | €523,853 | +€206,554 | +65.1% |
| Amounts receivable within one year | 40/41 | €241,756 | €288,686 | +€46,930 | +19.4% |
| Trade receivables | 40 | €239,337 | €287,745 | +€48,408 | +20.2% |
| Other amounts receivable | 41 | €2,419 | €941 | -€1,478 | -61.1% |
| Cash at bank and in hand | 54/58 | €71,397 | €231,217 | +€159,820 | +224% |
| Deferred charges and accrued income | 490/1 | €4,146 | €3,950 | -€196 | -4.7% |
| Total equity and liabilities | 10/49 | €1,318,524 | €1,507,669 | +€189,145 | +14.3% |
| Equity | 10/15 | €424,435 | €501,859 | +€77,424 | +18.2% |
| Contributions | 10/11 | €611,769 | €686,769 | +€75,000 | +12.3% |
| Reserves | 13 | €16,841 | €16,841 | = | 0.0% |
| Non-distributable reserves | 130/1 | €842 | €842 | = | 0.0% |
| Reserves not available under the articles | 1311 | €842 | €842 | = | 0.0% |
| Distributable reserves | 133 | €15,999 | €15,999 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€204,174 | -€201,751 | +€2,424 | +1.2% |
| Amounts payable | 17/49 | €894,090 | €1,005,811 | +€111,721 | +12.5% |
| Amounts payable after more than one year | 17 | €600,000 | €600,000 | = | 0.0% |
| Financial debts | 170/4 | €600,000 | €600,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €294,090 | €404,830 | +€110,741 | +37.7% |
| Current portion of amounts payable after more than one year | 42 | - | €15,000 | +€15,000 | |
| Trade debts | 44 | €278,401 | €318,707 | +€40,306 | +14.5% |
| Suppliers | 440/4 | €278,401 | €318,707 | +€40,306 | +14.5% |
| Taxes, remuneration and social security | 45 | €15,596 | €71,031 | +€55,435 | +355% |
| Taxes | 450/3 | €4,108 | €20,213 | +€16,105 | +392% |
| Remuneration and social security | 454/9 | €11,488 | €50,818 | +€39,330 | +342% |
| Other amounts payable | 47/48 | €92 | €92 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €980 | +€980 | |
| Remuneration, social security and pensions | 62 | €53,632 | €240,457 | +€186,825 | +348% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €366,925 | €360,364 | -€6,561 | -1.8% |
| Other operating charges | 640/8 | €1,333 | €1,218 | -€115 | -8.7% |
| Gross operating margin | 9900 | €248,122 | €641,497 | +€393,375 | +159% |
| Operating profit (loss) | 9901 | -€173,768 | €39,458 | +€213,226 | |
| Financial income | 75/76B | €2,218 | €56 | -€2,162 | -97.5% |
| Recurring financial income | 75 | €2,218 | €56 | -€2,162 | -97.5% |
| Financial charges | 65/66B | €32,625 | €37,091 | +€4,466 | +13.7% |
| Recurring financial charges | 65 | €32,625 | €37,091 | +€4,466 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | -€204,174 | €2,424 | +€206,598 | |
| Profit (loss) for the period | 9904 | -€204,174 | €2,424 | +€206,598 | |
| Profit (loss) for the period to be appropriated | 9905 | -€204,174 | €2,424 | +€206,598 |
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 17 October 2026 via checked.be.