Riva: 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.
Riva
Largest movements
- Receivables within one year +€220,587
up €220,587 (+314%), from €70,267 to €290,854
of which Trade receivables: +€172,231
- Cash -€14,287
down €14,287 (-16.1%), from €88,954 to €74,667
mainly Receivables within one year (-€220,587) and Contributions, distributions and other (-€66,200)
- Tangible fixed assets +€7,101
up €7,101 (+8.1%), from €87,327 to €94,428
of which Leasing and similar rights: +€22,980
- Deferred charges and accrued income +€5,277
new in 2025: €5,277
- Reserves +€139,030
up €139,030 (+60.4%), from €230,337 to €369,367
- Tax, wage and social debts +€32,306
up €32,306 (+353%), from €9,164 to €41,470
of which Taxes: +€30,935
- Other debts +€29,000
up €29,000 (+114%), from €25,500 to €54,500
- Current portion of long-term debt +€9,638
up €9,638 (+133%), from €7,273 to €16,911
- Debts after one year +€9,393
up €9,393 (+50.0%), from €18,788 to €28,181
- Gross operating margin +€162,293
up €162,293 (+119%), from €136,912 to €299,205
- Taxes +€38,894
up €38,894 (+168%), from €23,214 to €62,108
- Depreciation +€7,521
up €7,521 (+33.6%), from €22,395 to €29,916
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 | €296,548 | €515,226 | +€218,678 | +73.7% |
| Fixed assets | 21/28 | €107,327 | €114,428 | +€7,101 | +6.6% |
| Tangible fixed assets | 22/27 | €87,327 | €94,428 | +€7,101 | +8.1% |
| Plant, machinery and equipment | 23 | €27,716 | €22,344 | -€5,373 | -19.4% |
| Furniture and vehicles | 24 | €18,087 | €11,581 | -€6,506 | -36.0% |
| Leasing and similar rights | 25 | €28,858 | €51,838 | +€22,980 | +79.6% |
| Other tangible fixed assets | 26 | €12,667 | €8,667 | -€4,000 | -31.6% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €189,221 | €400,797 | +€211,576 | +112% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €70,267 | €290,854 | +€220,587 | +314% |
| Trade receivables | 40 | €48,000 | €220,231 | +€172,231 | +359% |
| Other amounts receivable | 41 | €22,267 | €70,623 | +€48,356 | +217% |
| Cash at bank and in hand | 54/58 | €88,954 | €74,667 | -€14,287 | -16.1% |
| Deferred charges and accrued income | 490/1 | - | €5,277 | +€5,277 | |
| Total equity and liabilities | 10/49 | €296,548 | €515,226 | +€218,678 | +73.7% |
| Equity | 10/15 | €232,337 | €371,367 | +€139,030 | +59.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €230,337 | €369,367 | +€139,030 | +60.4% |
| Distributable reserves | 133 | €230,337 | €369,367 | +€139,030 | +60.4% |
| Amounts payable | 17/49 | €64,211 | €143,859 | +€79,648 | +124% |
| Amounts payable after more than one year | 17 | €18,788 | €28,181 | +€9,393 | +50.0% |
| Financial debts | 170/4 | €18,788 | €28,181 | +€9,393 | +50.0% |
| Amounts payable within one year | 42/48 | €45,423 | €115,678 | +€70,254 | +155% |
| Current portion of amounts payable after more than one year | 42 | €7,273 | €16,911 | +€9,638 | +133% |
| Trade debts | 44 | €3,486 | €2,797 | -€690 | -19.8% |
| Suppliers | 440/4 | €3,486 | €2,797 | -€690 | -19.8% |
| Taxes, remuneration and social security | 45 | €9,164 | €41,470 | +€32,306 | +353% |
| Taxes | 450/3 | €9,164 | €40,098 | +€30,935 | +338% |
| Remuneration and social security | 454/9 | - | €1,371 | +€1,371 | |
| Other amounts payable | 47/48 | €25,500 | €54,500 | +€29,000 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,395 | €29,916 | +€7,521 | +33.6% |
| Other operating charges | 640/8 | €708 | €990 | +€282 | +39.8% |
| Gross operating margin | 9900 | €136,912 | €299,205 | +€162,293 | +119% |
| Operating profit (loss) | 9901 | €113,809 | €268,299 | +€154,490 | +136% |
| Financial income | 75/76B | €948 | €1,806 | +€858 | +90.6% |
| Recurring financial income | 75 | €948 | €1,806 | +€858 | +90.6% |
| Financial charges | 65/66B | €2,698 | €2,767 | +€70 | +2.6% |
| Recurring financial charges | 65 | €2,698 | €2,767 | +€70 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €112,059 | €267,338 | +€155,279 | +139% |
| Income taxes | 67/77 | €23,214 | €62,108 | +€38,894 | +168% |
| Profit (loss) for the period | 9904 | €88,845 | €205,230 | +€116,385 | +131% |
| Profit (loss) for the period to be appropriated | 9905 | €88,845 | €205,230 | +€116,385 | +131% |
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 1 November 2026 via checked.be.