Rits Vision: 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 Vision
Largest movements
- Receivables after one year -€47,482
down €47,482 (-49.2%), from €96,482 to €49,000
- Cash +€24,241
up €24,241 (+801%), from €3,025 to €27,266
mainly Receivables after one year (+€47,482) and Depreciation (+€21,612)
- Tangible fixed assets -€20,697
down €20,697 (-44.6%), from €46,378 to €25,682
of which Furniture and vehicles: -€19,962
- Debts after one year -€37,000
down €37,000 (-46.3%), from €80,000 to €43,000
- Trade debts -€21,672
down €21,672 (-41.8%), from €51,847 to €30,176
- Reserves +€15,291
up €15,291 (+56.7%), from €26,978 to €42,269
- Profit (loss) carried forward +€2,854
up €2,854, from -€2,854 to €0
- Tax, wage and social debts -€2,061
down €2,061 (-11.9%), from €17,263 to €15,203
of which Remuneration and social security: -€2,865
- Taxes +€6,182
up €6,182 (+561%), from €1,103 to €7,285
- Depreciation -€4,679
down €4,679 (-17.8%), from €26,291 to €21,612
- Other operating charges -€1,864
down €1,864 (-26.5%), from €7,026 to €5,163
- Financial income -€965
down €965 (-34.2%), from €2,819 to €1,854
- Financial charges -€600
down €600 (-52.5%), from €1,143 to €543
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 | €191,835 | €149,724 | -€42,111 | -22.0% |
| Fixed assets | 21/28 | €46,378 | €25,682 | -€20,697 | -44.6% |
| Tangible fixed assets | 22/27 | €46,378 | €25,682 | -€20,697 | -44.6% |
| Plant, machinery and equipment | 23 | €1,937 | €1,203 | -€734 | -37.9% |
| Furniture and vehicles | 24 | €44,441 | €24,479 | -€19,962 | -44.9% |
| Current assets | 29/58 | €145,456 | €124,042 | -€21,414 | -14.7% |
| Amounts receivable after more than one year | 29 | €96,482 | €49,000 | -€47,482 | -49.2% |
| Other amounts receivable | 291 | €96,482 | €49,000 | -€47,482 | -49.2% |
| Amounts receivable within one year | 40/41 | €38,893 | €40,404 | +€1,511 | +3.9% |
| Trade receivables | 40 | €34,708 | €31,572 | -€3,137 | -9.0% |
| Other amounts receivable | 41 | €4,185 | €8,832 | +€4,647 | +111% |
| Cash at bank and in hand | 54/58 | €3,025 | €27,266 | +€24,241 | +801% |
| Deferred charges and accrued income | 490/1 | €7,056 | €7,372 | +€316 | +4.5% |
| Total equity and liabilities | 10/49 | €191,835 | €149,724 | -€42,111 | -22.0% |
| Equity | 10/15 | €42,724 | €60,869 | +€18,145 | +42.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,978 | €42,269 | +€15,291 | +56.7% |
| Distributable reserves | 133 | €26,978 | €42,269 | +€15,291 | +56.7% |
| Profit (loss) carried forward | 14 | -€2,854 | €0 | +€2,854 | |
| Amounts payable | 17/49 | €149,111 | €88,855 | -€60,256 | -40.4% |
| Amounts payable after more than one year | 17 | €80,000 | €43,000 | -€37,000 | -46.3% |
| Financial debts | 170/4 | €80,000 | €43,000 | -€37,000 | -46.3% |
| Amounts payable within one year | 42/48 | €69,111 | €45,378 | -€23,733 | -34.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €51,847 | €30,176 | -€21,672 | -41.8% |
| Suppliers | 440/4 | €51,847 | €30,176 | -€21,672 | -41.8% |
| Taxes, remuneration and social security | 45 | €17,263 | €15,203 | -€2,061 | -11.9% |
| Taxes | 450/3 | €14,398 | €15,203 | +€804 | +5.6% |
| Remuneration and social security | 454/9 | €2,865 | €0 | -€2,865 | -100% |
| Accrued charges and deferred income | 492/3 | - | €477 | +€477 | |
| Non-recurring operating income | 76A | - | €1,240 | +€1,240 | |
| Remuneration, social security and pensions | 62 | €350 | €0 | -€350 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,291 | €21,612 | -€4,679 | -17.8% |
| Other operating charges | 640/8 | €7,026 | €5,163 | -€1,864 | -26.5% |
| Gross operating margin | 9900 | €50,514 | €50,894 | +€380 | +0.8% |
| Operating profit (loss) | 9901 | €16,846 | €24,119 | +€7,272 | +43.2% |
| Financial income | 75/76B | €2,819 | €1,854 | -€965 | -34.2% |
| Recurring financial income | 75 | €2,819 | €1,854 | -€965 | -34.2% |
| Financial charges | 65/66B | €1,143 | €543 | -€600 | -52.5% |
| Recurring financial charges | 65 | €1,143 | €543 | -€600 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | €18,523 | €25,430 | +€6,907 | +37.3% |
| Income taxes | 67/77 | €1,103 | €7,285 | +€6,182 | +561% |
| Profit (loss) for the period | 9904 | €17,420 | €18,145 | +€725 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,420 | €18,145 | +€725 | +4.2% |
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 19 October 2026 via checked.be.