RIVALDO: 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.
RIVALDO
Largest movements
- Cash +€96,479
up €96,479 (+72.1%), from €133,750 to €230,229
mainly Receivables within one year (+€53,945) and Receivables after one year (+€46,013)
- Receivables within one year -€53,945
down €53,945 (-52.9%), from €101,950 to €48,005
of which Trade receivables: -€54,078
- Receivables after one year -€46,013
down €46,013 (-66.4%), from €69,262 to €23,249
- Tax, wage and social debts +€6,432
up €6,432 (+495%), from €1,299 to €7,731
of which Remuneration and social security: +€5,446
- Reserves -€5,524
down €5,524 (-10.3%), from €53,627 to €48,103
of which Distributable reserves: -€5,524
- Profit (loss) carried forward -€4,176
down €4,176, from €0 to -€4,176
- Gross operating margin -€17,775
down €17,775 (-37.4%), from €47,567 to €29,793
- Taxes -€1,400
down €1,400 (-85.7%), from €1,633 to €233
- Financial income -€673
down €673 (-30.2%), from €2,225 to €1,552
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 | €305,369 | €301,876 | -€3,492 | -1.1% |
| Current assets | 29/58 | €305,369 | €301,876 | -€3,492 | -1.1% |
| Amounts receivable after more than one year | 29 | €69,262 | €23,249 | -€46,013 | -66.4% |
| Other amounts receivable | 291 | €69,262 | €23,249 | -€46,013 | -66.4% |
| Amounts receivable within one year | 40/41 | €101,950 | €48,005 | -€53,945 | -52.9% |
| Trade receivables | 40 | €54,314 | €236 | -€54,078 | -99.6% |
| Other amounts receivable | 41 | €47,635 | €47,769 | +€133 | +0.3% |
| Current investments | 50/53 | €407 | €394 | -€13 | -3.2% |
| Cash at bank and in hand | 54/58 | €133,750 | €230,229 | +€96,479 | +72.1% |
| Total equity and liabilities | 10/49 | €305,369 | €301,876 | -€3,492 | -1.1% |
| Equity | 10/15 | €303,627 | €293,927 | -€9,700 | -3.2% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €53,627 | €48,103 | -€5,524 | -10.3% |
| Non-distributable reserves | 130/1 | €14,547 | €14,547 | = | 0.0% |
| Legal reserve | 130 | €14,547 | €14,547 | = | 0.0% |
| Distributable reserves | 133 | €39,081 | €33,556 | -€5,524 | -14.1% |
| Profit (loss) carried forward | 14 | €0 | -€4,176 | -€4,176 | |
| Amounts payable | 17/49 | €1,741 | €7,949 | +€6,208 | +357% |
| Amounts payable within one year | 42/48 | €1,664 | €7,949 | +€6,285 | +378% |
| Trade debts | 44 | €0 | €218 | +€218 | |
| Suppliers | 440/4 | €0 | €218 | +€218 | |
| Taxes, remuneration and social security | 45 | €1,299 | €7,731 | +€6,432 | +495% |
| Taxes | 450/3 | €1,299 | €2,285 | +€986 | +75.9% |
| Remuneration and social security | 454/9 | €0 | €5,446 | +€5,446 | |
| Other amounts payable | 47/48 | €365 | €0 | -€365 | -100% |
| Accrued charges and deferred income | 492/3 | €77 | €0 | -€77 | -100% |
| Remuneration, social security and pensions | 62 | €34,487 | €34,419 | -€68 | -0.2% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €47,567 | €29,793 | -€17,775 | -37.4% |
| Operating profit (loss) | 9901 | €12,631 | -€5,088 | -€17,719 | |
| Financial income | 75/76B | €2,225 | €1,552 | -€673 | -30.2% |
| Recurring financial income | 75 | €2,225 | €1,552 | -€673 | -30.2% |
| Financial charges | 65/66B | €222 | €407 | +€185 | +83.2% |
| Recurring financial charges | 65 | €222 | €407 | +€185 | +83.2% |
| Profit (loss) for the period before taxes | 9903 | €14,633 | -€3,943 | -€18,576 | |
| Income taxes | 67/77 | €1,633 | €233 | -€1,400 | -85.7% |
| Profit (loss) for the period | 9904 | €13,000 | -€4,176 | -€17,176 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,000 | -€4,176 | -€17,176 |
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 15 October 2026 via checked.be.