RITS++: 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.
RITS++
Largest movements
- Receivables within one year +€31,981
up €31,981 (+171%), from €18,692 to €50,673
of which Trade receivables: +€32,170
- Cash -€26,379
down €26,379 (-21.9%), from €120,455 to €94,076
mainly Contributions, distributions and other (-€40,000) and Receivables within one year (-€31,981)
- Tangible fixed assets -€12,116
down €12,116 (-38.6%), from €31,401 to €19,284
- Profit (loss) carried forward +€7,951
up €7,951 (+12.6%), from €63,278 to €71,230
- Debts after one year -€5,284
no longer reported in 2026 (was €5,284)
- Other debts -€4,398
down €4,398 (-10.3%), from €42,687 to €38,289
- Tax, wage and social debts -€3,173
down €3,173 (-11.7%), from €27,233 to €24,059
- Current portion of long-term debt -€2,323
down €2,323 (-30.5%), from €7,606 to €5,284
- Gross operating margin +€9,419
up €9,419 (+13.5%), from €69,614 to €79,033
- Depreciation +€4,326
up €4,326 (+40.5%), from €10,677 to €15,003
- Other operating charges -€1,610
down €1,610 (-60.3%), from €2,669 to €1,058
- Taxes +€1,189
up €1,189 (+9.2%), from €12,895 to €14,085
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.
Derived cash bridge
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 | €173,578 | €166,477 | -€7,101 | -4.1% |
| Fixed assets | 21/28 | €31,401 | €19,284 | -€12,116 | -38.6% |
| Tangible fixed assets | 22/27 | €31,401 | €19,284 | -€12,116 | -38.6% |
| Plant, machinery and equipment | 23 | €925 | - | -€925 | |
| Furniture and vehicles | 24 | €18,550 | €14,231 | -€4,319 | -23.3% |
| Leasing and similar rights | 25 | €1,280 | €63 | -€1,217 | -95.1% |
| Other tangible fixed assets | 26 | €10,645 | €4,990 | -€5,655 | -53.1% |
| Current assets | 29/58 | €142,178 | €147,193 | +€5,015 | +3.5% |
| Amounts receivable within one year | 40/41 | €18,692 | €50,673 | +€31,981 | +171% |
| Trade receivables | 40 | €18,503 | €50,673 | +€32,170 | +174% |
| Other amounts receivable | 41 | €189 | €0 | -€189 | -100.0% |
| Cash at bank and in hand | 54/58 | €120,455 | €94,076 | -€26,379 | -21.9% |
| Deferred charges and accrued income | 490/1 | €3,031 | €2,444 | -€587 | -19.4% |
| Total equity and liabilities | 10/49 | €173,578 | €166,477 | -€7,101 | -4.1% |
| Equity | 10/15 | €83,738 | €91,690 | +€7,951 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,278 | €71,230 | +€7,951 | +12.6% |
| Amounts payable | 17/49 | €89,840 | €74,787 | -€15,053 | -16.8% |
| Amounts payable after more than one year | 17 | €5,284 | - | -€5,284 | |
| Financial debts | 170/4 | €5,284 | - | -€5,284 | |
| Amounts payable within one year | 42/48 | €84,556 | €74,787 | -€9,769 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €7,606 | €5,284 | -€2,323 | -30.5% |
| Trade debts | 44 | €7,030 | €7,155 | +€125 | +1.8% |
| Suppliers | 440/4 | €7,030 | €7,155 | +€125 | +1.8% |
| Taxes, remuneration and social security | 45 | €27,233 | €24,059 | -€3,173 | -11.7% |
| Taxes | 450/3 | €27,233 | €24,059 | -€3,173 | -11.7% |
| Other amounts payable | 47/48 | €42,687 | €38,289 | -€4,398 | -10.3% |
| Non-recurring operating income | 76A | - | €10,826 | +€10,826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,677 | €15,003 | +€4,326 | +40.5% |
| Other operating charges | 640/8 | €2,669 | €1,058 | -€1,610 | -60.3% |
| Gross operating margin | 9900 | €69,614 | €79,033 | +€9,419 | +13.5% |
| Operating profit (loss) | 9901 | €56,269 | €62,972 | +€6,703 | +11.9% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €1,634 | €948 | -€687 | -42.0% |
| Recurring financial charges | 65 | €1,634 | €948 | -€687 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | €54,635 | €62,036 | +€7,402 | +13.5% |
| Income taxes | 67/77 | €12,895 | €14,085 | +€1,189 | +9.2% |
| Profit (loss) for the period | 9904 | €41,739 | €47,951 | +€6,212 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,739 | €47,951 | +€6,212 | +14.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.