RIVAS: 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.
RIVAS
Largest movements
- Cash +€21,507
up €21,507 (+13.1%), from €164,343 to €185,850
mainly Other debts (+€63,695) and Net result for the year (+€21,004)
- Tangible fixed assets -€7,689
down €7,689 (-53.9%), from €14,269 to €6,579
of which Furniture and vehicles: -€7,332
- Receivables within one year -€2,872
down €2,872 (-18.6%), from €15,403 to €12,531
of which Trade receivables: -€3,405
- Other debts +€63,695
up €63,695 (+554.6%), from €11,486 to €75,181
- Reserves -€49,000
down €49,000 (-51.4%), from €95,360 to €46,360
- Tax, wage and social debts -€3,434
down €3,434 (-76.0%), from €4,520 to €1,086
- Gross operating margin +€658
up €658 (+1.9%), from €34,186 to €34,845
- Taxes -€604
down €604 (-16.0%), from €3,772 to €3,167
- Financial income +€433
up €433 (+123.7%), from €350 to €783
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.
Cash bridge derived
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 | €194,524 | €205,398 | +€10,874 | +5.6% |
| Fixed assets | 21/28 | €14,269 | €6,579 | -€7,689 | -53.9% |
| Tangible fixed assets | 22/27 | €14,269 | €6,579 | -€7,689 | -53.9% |
| Land and buildings | 22 | €755 | €397 | -€357 | -47.4% |
| Furniture and vehicles | 24 | €13,514 | €6,182 | -€7,332 | -54.3% |
| Current assets | 29/58 | €180,255 | €198,818 | +€18,563 | +10.3% |
| Amounts receivable within one year | 40/41 | €15,403 | €12,531 | -€2,872 | -18.6% |
| Trade receivables | 40 | €14,192 | €10,787 | -€3,405 | -24.0% |
| Other amounts receivable | 41 | €1,211 | €1,744 | +€533 | +44.0% |
| Cash at bank and in hand | 54/58 | €164,343 | €185,850 | +€21,507 | +13.1% |
| Deferred charges and accrued income | 490/1 | €509 | €437 | -€72 | -14.1% |
| Total equity and liabilities | 10/49 | €194,524 | €205,398 | +€10,874 | +5.6% |
| Equity | 10/15 | €176,287 | €127,291 | -€48,996 | -27.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €95,360 | €46,360 | -€49,000 | -51.4% |
| Non-distributable reserves | 130/1 | €95,360 | €46,360 | -€49,000 | -51.4% |
| Reserves not available under the articles | 1311 | €19,860 | €19,860 | = | 0.0% |
| Other | 1319 | €75,500 | €26,500 | -€49,000 | -64.9% |
| Profit (loss) carried forward | 14 | €68,527 | €68,531 | +€4 | 0.0% |
| Amounts payable | 17/49 | €18,237 | €78,107 | +€59,870 | +328.3% |
| Amounts payable within one year | 42/48 | €18,237 | €78,107 | +€59,870 | +328.3% |
| Trade debts | 44 | €2,231 | €1,840 | -€392 | -17.5% |
| Suppliers | 440/4 | €2,231 | €1,840 | -€392 | -17.5% |
| Taxes, remuneration and social security | 45 | €4,520 | €1,086 | -€3,434 | -76.0% |
| Taxes | 450/3 | €4,520 | €1,086 | -€3,434 | -76.0% |
| Other amounts payable | 47/48 | €11,486 | €75,181 | +€63,695 | +554.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,711 | €10,655 | -€56 | -0.5% |
| Other operating charges | 640/8 | €648 | €694 | +€47 | +7.2% |
| Gross operating margin | 9900 | €34,186 | €34,845 | +€658 | +1.9% |
| Operating profit (loss) | 9901 | €22,828 | €23,495 | +€667 | +2.9% |
| Financial income | 75/76B | €350 | €783 | +€433 | +123.7% |
| Recurring financial income | 75 | €350 | €783 | +€433 | +123.7% |
| Financial charges | 65/66B | €327 | €107 | -€220 | -67.2% |
| Recurring financial charges | 65 | €327 | €107 | -€220 | -67.2% |
| Profit (loss) for the period before taxes | 9903 | €22,851 | €24,171 | +€1,321 | +5.8% |
| Income taxes | 67/77 | €3,772 | €3,167 | -€604 | -16.0% |
| Profit (loss) for the period | 9904 | €19,079 | €21,004 | +€1,925 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,079 | €21,004 | +€1,925 | +10.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.