RISPED: 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.
RISPED
Largest movements
- Cash -€17,981
down €17,981 (-50.4%), from €35,701 to €17,720
mainly Investment in fixed assets (net) (-€40,000) and Other debts (-€39,425)
- Tangible fixed assets -€11,502
down €11,502 (-10.3%), from €111,398 to €99,896
- Receivables within one year -€9,478
down €9,478 (-11.0%), from €86,086 to €76,608
of which Other amounts receivable: -€9,552
- Other debts -€39,425
down €39,425 (-38.0%), from €103,838 to €64,413
- Depreciation +€42,773
up €42,773 (+490.0%), from €8,729 to €51,502
- Gross operating margin +€14,714
up €14,714 (+33.4%), from €44,071 to €58,785
- Taxes -€5,379
no longer reported in 2025 (was €5,379)
- Financial charges -€3,603
down €3,603 (-33.9%), from €10,613 to €7,010
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 | €236,150 | €197,135 | -€39,015 | -16.5% |
| Fixed assets | 21/28 | €111,398 | €99,896 | -€11,502 | -10.3% |
| Tangible fixed assets | 22/27 | €111,398 | €99,896 | -€11,502 | -10.3% |
| Furniture and vehicles | 24 | €111,398 | €99,896 | -€11,502 | -10.3% |
| Current assets | 29/58 | €124,752 | €97,238 | -€27,514 | -22.1% |
| Amounts receivable within one year | 40/41 | €86,086 | €76,608 | -€9,478 | -11.0% |
| Trade receivables | 40 | €68,534 | €68,608 | +€74 | +0.1% |
| Other amounts receivable | 41 | €17,552 | €8,000 | -€9,552 | -54.4% |
| Cash at bank and in hand | 54/58 | €35,701 | €17,720 | -€17,981 | -50.4% |
| Deferred charges and accrued income | 490/1 | €2,964 | €2,910 | -€55 | -1.8% |
| Total equity and liabilities | 10/49 | €236,150 | €197,135 | -€39,015 | -16.5% |
| Equity | 10/15 | €124,468 | €123,005 | -€1,463 | -1.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €11,775 | €11,775 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,916 | €9,916 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,101 | €92,638 | -€1,463 | -1.6% |
| Amounts payable | 17/49 | €111,682 | €74,130 | -€37,552 | -33.6% |
| Amounts payable within one year | 42/48 | €111,682 | €74,130 | -€37,552 | -33.6% |
| Trade debts | 44 | €5,061 | €7,422 | +€2,361 | +46.7% |
| Suppliers | 440/4 | €5,061 | €7,422 | +€2,361 | +46.7% |
| Taxes, remuneration and social security | 45 | €2,783 | €2,294 | -€489 | -17.6% |
| Taxes | 450/3 | €2,783 | €2,294 | -€489 | -17.6% |
| Other amounts payable | 47/48 | €103,838 | €64,413 | -€39,425 | -38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,729 | €51,502 | +€42,773 | +490.0% |
| Other operating charges | 640/8 | €1,724 | €1,736 | +€12 | +0.7% |
| Gross operating margin | 9900 | €44,071 | €58,785 | +€14,714 | +33.4% |
| Operating profit (loss) | 9901 | €33,618 | €5,547 | -€28,071 | -83.5% |
| Financial charges | 65/66B | €10,613 | €7,010 | -€3,603 | -33.9% |
| Recurring financial charges | 65 | €10,613 | €7,010 | -€3,603 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €23,004 | -€1,463 | -€24,468 | |
| Income taxes | 67/77 | €5,379 | - | -€5,379 | |
| Profit (loss) for the period | 9904 | €17,625 | -€1,463 | -€19,088 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,625 | -€1,463 | -€19,088 |
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 30 September 2026 via checked.be.