RITMENIGMA: 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.
RITMENIGMA
Largest movements
- Cash +€273,099
up €273,099 (+56.8%), from €480,904 to €754,003
mainly Net result for the year (+€466,537) and Receivables within one year (+€30,248)
- Receivables within one year -€30,248
down €30,248 (-100.0%), from €30,248 to €0
- Reserves +€243,726
up €243,726 (+22.5%), from €1.1m to €1.3m
of which Distributable reserves: +€243,726
- Other debts +€25,056
up €25,056 (+20.2%), from €123,875 to €148,931
- Tax, wage and social debts -€17,674
down €17,674 (-21.0%), from €84,054 to €66,381
- Gross operating margin +€184,770
up €184,770 (+41.0%), from €450,921 to €635,691
- Financial income -€63,098
down €63,098 (-89.1%), from €70,801 to €7,703
- Taxes +€16,204
up €16,204 (+10.7%), from €151,335 to €167,539
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,352,213 | €1,602,227 | +€250,014 | +18.5% |
| Fixed assets | 21/28 | €7,769 | €8,051 | +€282 | +3.6% |
| Tangible fixed assets | 22/27 | €5,269 | €5,551 | +€282 | +5.4% |
| Furniture and vehicles | 24 | €5,269 | €5,551 | +€282 | +5.4% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €1,344,444 | €1,594,176 | +€249,732 | +18.6% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 291 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,248 | €0 | -€30,248 | -100.0% |
| Trade receivables | 40 | €30,248 | €0 | -€30,248 | -100.0% |
| Current investments | 50/53 | €785,525 | €791,897 | +€6,373 | +0.8% |
| Cash at bank and in hand | 54/58 | €480,904 | €754,003 | +€273,099 | +56.8% |
| Deferred charges and accrued income | 490/1 | €27,768 | €28,276 | +€508 | +1.8% |
| Total equity and liabilities | 10/49 | €1,352,213 | €1,602,227 | +€250,014 | +18.5% |
| Equity | 10/15 | €1,101,092 | €1,344,818 | +€243,726 | +22.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,082,492 | €1,326,218 | +€243,726 | +22.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,080,632 | €1,324,358 | +€243,726 | +22.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €251,121 | €257,409 | +€6,288 | +2.5% |
| Amounts payable within one year | 42/48 | €251,121 | €257,409 | +€6,288 | +2.5% |
| Financial debts | 43 | €33,778 | €33,808 | +€30 | +0.1% |
| Credit institutions | 430/8 | €33,778 | €33,808 | +€30 | +0.1% |
| Trade debts | 44 | €9,414 | €8,290 | -€1,124 | -11.9% |
| Suppliers | 440/4 | €9,414 | €8,290 | -€1,124 | -11.9% |
| Taxes, remuneration and social security | 45 | €84,054 | €66,381 | -€17,674 | -21.0% |
| Taxes | 450/3 | €84,054 | €66,381 | -€17,674 | -21.0% |
| Other amounts payable | 47/48 | €123,875 | €148,931 | +€25,056 | +20.2% |
| Remuneration, social security and pensions | 62 | - | €148 | +€148 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,602 | €3,414 | +€812 | +31.2% |
| Other operating charges | 640/8 | €3,066 | €3,089 | +€22 | +0.7% |
| Gross operating margin | 9900 | €450,921 | €635,691 | +€184,770 | +41.0% |
| Operating profit (loss) | 9901 | €445,253 | €629,041 | +€183,787 | +41.3% |
| Financial income | 75/76B | €70,801 | €7,703 | -€63,098 | -89.1% |
| Recurring financial income | 75 | €70,801 | €7,703 | -€63,098 | -89.1% |
| Financial charges | 65/66B | €2,161 | €2,668 | +€508 | +23.5% |
| Recurring financial charges | 65 | €2,161 | €2,668 | +€508 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €513,894 | €634,075 | +€120,182 | +23.4% |
| Income taxes | 67/77 | €151,335 | €167,539 | +€16,204 | +10.7% |
| Profit (loss) for the period | 9904 | €362,559 | €466,537 | +€103,978 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €362,559 | €466,537 | +€103,978 | +28.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.