RIVAND: what changed
Two fiscal 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.
RIVAND
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€438,167
up €438,167 (+8.2%), from €5.3m to €5.8m
- Profit (loss) carried forward -€437,428
down €437,428 (-20.4%), from -€2.1m to -€2.6m
- Other operating charges +€94,450
up €94,450 (+435.3%), from €21,697 to €116,147
- Gross operating margin -€81,886
down €81,886 (-918.7%), from -€8,913 to -€90,800
- Financial charges +€18,031
up €18,031 (+8.5%), from €212,452 to €230,483
- Financial income -€4,210
down €4,210 (-100.0%), from €4,211 to €1
From the 2023 result to the 2024 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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,181,154 | €7,184,072 | +€2,918 | 0.0% |
| Fixed assets | 21/28 | €7,181,154 | €7,181,154 | = | 0.0% |
| Tangible fixed assets | 22/27 | €7,181,154 | €7,181,154 | = | 0.0% |
| Land and buildings | 22 | €6,117,841 | €6,117,841 | = | 0.0% |
| Assets under construction and advance payments | 27 | €1,063,313 | €1,063,313 | = | 0.0% |
| Current assets | 29/58 | - | €2,918 | +€2,918 | |
| Deferred charges and accrued income | 490/1 | - | €2,918 | +€2,918 | |
| Total equity and liabilities | 10/49 | €7,181,154 | €7,184,072 | +€2,918 | 0.0% |
| Equity | 10/15 | -€2,087,012 | -€2,524,440 | -€437,428 | -21.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,149,012 | -€2,586,440 | -€437,428 | -20.4% |
| Amounts payable | 17/49 | €9,268,166 | €9,708,512 | +€440,345 | +4.8% |
| Amounts payable within one year | 42/48 | €9,267,206 | €9,707,552 | +€440,345 | +4.8% |
| Financial debts | 43 | €3,924,636 | €3,860,324 | -€64,311 | -1.6% |
| Credit institutions | 430/8 | €3,924,636 | €3,860,324 | -€64,311 | -1.6% |
| Trade debts | 44 | €28,081 | €94,570 | +€66,489 | +236.8% |
| Suppliers | 440/4 | €28,081 | €94,570 | +€66,489 | +236.8% |
| Other amounts payable | 47/48 | €5,314,490 | €5,752,657 | +€438,167 | +8.2% |
| Accrued charges and deferred income | 492/3 | €960 | €960 | = | 0.0% |
| Other operating charges | 640/8 | €21,697 | €116,147 | +€94,450 | +435.3% |
| Gross operating margin | 9900 | -€8,913 | -€90,800 | -€81,886 | -918.7% |
| Operating profit (loss) | 9901 | -€30,610 | -€206,946 | -€176,336 | -576.1% |
| Financial income | 75/76B | €4,211 | €1 | -€4,210 | -100.0% |
| Recurring financial income | 75 | €4,211 | €1 | -€4,210 | -100.0% |
| Financial charges | 65/66B | €212,452 | €230,483 | +€18,031 | +8.5% |
| Recurring financial charges | 65 | €212,452 | €230,483 | +€18,031 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | -€238,851 | -€437,428 | -€198,577 | -83.1% |
| Profit (loss) for the period | 9904 | -€238,851 | -€437,428 | -€198,577 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€238,851 | -€437,428 | -€198,577 | -83.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.