RIVE CONSULTING: 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.
RIVE CONSULTING
Largest movements
- Receivables within one year -€14,873
down €14,873 (-55.6%), from €26,740 to €11,866
of which Other amounts receivable: -€14,335
- Tangible fixed assets -€11,862
down €11,862 (-45.4%), from €26,132 to €14,270
of which Furniture and vehicles: -€11,491
- Cash +€10,403
up €10,403 (+39.8%), from €26,158 to €36,561
mainly Receivables within one year (+€14,873) and Depreciation (+€11,862)
- Reserves -€12,310
down €12,310 (-26.4%), from €46,661 to €34,351
- Current portion of long-term debt -€4,193
down €4,193 (-66.5%), from €6,305 to €2,112
- Debts after one year -€2,112
no longer reported in 2025 (was €2,112)
- Other debts +€2,051
up €2,051 (+246.2%), from €833 to €2,884
- Gross operating margin -€29,661
down €29,661 (-59.3%), from €49,981 to €20,321
- Taxes -€7,457
down €7,457 (-75.9%), from €9,822 to €2,365
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 | €79,257 | €62,963 | -€16,293 | -20.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €26,172 | €14,310 | -€11,862 | -45.3% |
| Tangible fixed assets | 22/27 | €26,132 | €14,270 | -€11,862 | -45.4% |
| Plant, machinery and equipment | 23 | €813 | €442 | -€371 | -45.6% |
| Furniture and vehicles | 24 | €25,319 | €13,828 | -€11,491 | -45.4% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €53,085 | €48,653 | -€4,432 | -8.3% |
| Amounts receivable within one year | 40/41 | €26,740 | €11,866 | -€14,873 | -55.6% |
| Trade receivables | 40 | €11,519 | €10,981 | -€538 | -4.7% |
| Other amounts receivable | 41 | €15,220 | €885 | -€14,335 | -94.2% |
| Cash at bank and in hand | 54/58 | €26,158 | €36,561 | +€10,403 | +39.8% |
| Deferred charges and accrued income | 490/1 | €187 | €226 | +€39 | +20.7% |
| Total equity and liabilities | 10/49 | €79,257 | €62,963 | -€16,293 | -20.6% |
| Equity | 10/15 | €59,061 | €46,751 | -€12,310 | -20.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €46,661 | €34,351 | -€12,310 | -26.4% |
| Distributable reserves | 133 | €46,661 | €34,351 | -€12,310 | -26.4% |
| Amounts payable | 17/49 | €20,196 | €16,213 | -€3,983 | -19.7% |
| Amounts payable after more than one year | 17 | €2,112 | - | -€2,112 | |
| Financial debts | 170/4 | €2,112 | - | -€2,112 | |
| Amounts payable within one year | 42/48 | €18,084 | €16,213 | -€1,871 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €6,305 | €2,112 | -€4,193 | -66.5% |
| Trade debts | 44 | €238 | €489 | +€251 | +105.7% |
| Suppliers | 440/4 | €238 | €489 | +€251 | +105.7% |
| Taxes, remuneration and social security | 45 | €10,709 | €10,728 | +€20 | +0.2% |
| Taxes | 450/3 | €10,709 | €10,728 | +€20 | +0.2% |
| Other amounts payable | 47/48 | €833 | €2,884 | +€2,051 | +246.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,012 | €11,862 | -€151 | -1.3% |
| Other operating charges | 640/8 | €789 | €813 | +€24 | +3.1% |
| Gross operating margin | 9900 | €49,981 | €20,321 | -€29,661 | -59.3% |
| Operating profit (loss) | 9901 | €37,180 | €7,646 | -€29,534 | -79.4% |
| Financial income | 75/76B | €379 | - | -€379 | |
| Recurring financial income | 75 | €379 | - | -€379 | |
| Financial charges | 65/66B | €226 | €186 | -€41 | -17.9% |
| Recurring financial charges | 65 | €226 | €186 | -€41 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €37,333 | €7,460 | -€29,872 | -80.0% |
| Income taxes | 67/77 | €9,822 | €2,365 | -€7,457 | -75.9% |
| Profit (loss) for the period | 9904 | €27,511 | €5,096 | -€22,415 | -81.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,511 | €5,096 | -€22,415 | -81.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.