RIVAGES CONSEIL: 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.
RIVAGES CONSEIL
Largest movements
- Receivables within one year +€45,868
up €45,868 (+218%), from €21,009 to €66,877
of which Trade receivables: +€51,922
- Deferred charges and accrued income -€40,432
no longer reported in 2025 (was €40,432)
- Trade debts +€162,522
up €162,522 (+561%), from €28,957 to €191,479
- Other debts -€154,355
down €154,355 (-96.5%), from €159,986 to €5,631
- Profit (loss) carried forward -€3,989
down €3,989 (-23.1%), from €17,300 to €13,311
- Gross operating margin -€7,818
down €7,818, from €4,014 to -€3,804
- Taxes -€1,968
no longer reported in 2025 (was €1,968)
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 | €224,835 | €229,013 | +€4,178 | +1.9% |
| Fixed assets | 21/28 | €161,200 | €161,200 | = | 0.0% |
| Financial fixed assets | 28 | €161,200 | €161,200 | = | 0.0% |
| Current assets | 29/58 | €63,635 | €67,813 | +€4,178 | +6.6% |
| Amounts receivable within one year | 40/41 | €21,009 | €66,877 | +€45,868 | +218% |
| Trade receivables | 40 | - | €51,922 | +€51,922 | |
| Other amounts receivable | 41 | €21,009 | €14,955 | -€6,054 | -28.8% |
| Cash at bank and in hand | 54/58 | €2,194 | €936 | -€1,258 | -57.3% |
| Deferred charges and accrued income | 490/1 | €40,432 | - | -€40,432 | |
| Total equity and liabilities | 10/49 | €224,835 | €229,013 | +€4,178 | +1.9% |
| Equity | 10/15 | €35,892 | €31,903 | -€3,989 | -11.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,300 | €13,311 | -€3,989 | -23.1% |
| Amounts payable | 17/49 | €188,943 | €197,110 | +€8,167 | +4.3% |
| Amounts payable within one year | 42/48 | €188,943 | €197,110 | +€8,167 | +4.3% |
| Trade debts | 44 | €28,957 | €191,479 | +€162,522 | +561% |
| Suppliers | 440/4 | €28,957 | €191,479 | +€162,522 | +561% |
| Other amounts payable | 47/48 | €159,986 | €5,631 | -€154,355 | -96.5% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €4,014 | -€3,804 | -€7,818 | |
| Operating profit (loss) | 9901 | €3,896 | -€3,924 | -€7,820 | |
| Financial charges | 65/66B | €74 | €65 | -€9 | -12.2% |
| Recurring financial charges | 65 | €74 | €65 | -€9 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €3,822 | -€3,989 | -€7,811 | |
| Income taxes | 67/77 | €1,968 | - | -€1,968 | |
| Profit (loss) for the period | 9904 | €1,854 | -€3,989 | -€5,843 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,854 | -€3,989 | -€5,843 |
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 27 October 2026 via checked.be.