RIVE GAUCHE HUY: what changed
RIVE GAUCHE HUY
Largest movements
- Tangible fixed assets +€412,584
up €412,584 (+79.3%), from €520,437 to €933,021
of which Land and buildings: +€411,271
- Receivables within one year +€229,367
up €229,367 (+2,659%), from €8,625 to €237,991
of which Trade receivables: +€232,937
- Cash -€70,078
down €70,078 (-61.7%), from €113,665 to €43,587
mainly Investment in fixed assets (net) (-€502,773) and Receivables within one year (-€229,367)
- Stocks and contracts +€22,174
up €22,174 (+199%), from €11,127 to €33,301
- Debts after one year +€371,599
up €371,599 (+129%), from €287,420 to €659,019
- Tax, wage and social debts +€85,555
up €85,555 (+130%), from €65,918 to €151,473
of which Remuneration and social security: +€61,047
- Trade debts +€54,519
up €54,519 (+25.1%), from €217,141 to €271,660
- Profit (loss) carried forward +€48,398
up €48,398 (+43.0%), from €112,617 to €161,015
- Current portion of long-term debt +€25,324
up €25,324 (+83.1%), from €30,477 to €55,801
- Gross operating margin +€167,025
up €167,025 (+50.3%), from €331,843 to €498,868
- Staff costs +€85,465
up €85,465 (+47.9%), from €178,448 to €263,913
- Other operating charges +€22,940
up €22,940 (+622%), from €3,690 to €26,630
- Financial charges +€10,663
up €10,663 (+42.7%), from €24,971 to €35,634
- Depreciation +€10,637
up €10,637 (+12.1%), from €88,052 to €98,689
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €730,984 | €1,318,518 | +€587,533 | +80.4% |
| Fixed assets | 21/28 | €594,794 | €998,878 | +€404,084 | +67.9% |
| Intangible fixed assets | 21 | €74,358 | €65,858 | -€8,500 | -11.4% |
| Tangible fixed assets | 22/27 | €520,437 | €933,021 | +€412,584 | +79.3% |
| Land and buildings | 22 | €342,614 | €753,885 | +€411,271 | +120% |
| Plant, machinery and equipment | 23 | €46,305 | €62,823 | +€16,518 | +35.7% |
| Furniture and vehicles | 24 | €123,537 | €67,283 | -€56,253 | -45.5% |
| Leasing and similar rights | 25 | - | €41,947 | +€41,947 | |
| Other tangible fixed assets | 26 | €7,982 | €7,082 | -€900 | -11.3% |
| Current assets | 29/58 | €136,190 | €319,639 | +€183,449 | +135% |
| Stocks and contracts in progress | 3 | €11,127 | €33,301 | +€22,174 | +199% |
| Stocks | 30/36 | €11,127 | €33,301 | +€22,174 | +199% |
| Amounts receivable within one year | 40/41 | €8,625 | €237,991 | +€229,367 | +2,659% |
| Trade receivables | 40 | €1,301 | €234,238 | +€232,937 | +17,906% |
| Other amounts receivable | 41 | €7,324 | €3,754 | -€3,570 | -48.7% |
| Cash at bank and in hand | 54/58 | €113,665 | €43,587 | -€70,078 | -61.7% |
| Deferred charges and accrued income | 490/1 | €2,773 | €4,760 | +€1,987 | +71.6% |
| Total equity and liabilities | 10/49 | €730,984 | €1,318,518 | +€587,533 | +80.4% |
| Equity | 10/15 | €122,617 | €171,015 | +€48,398 | +39.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,617 | €161,015 | +€48,398 | +43.0% |
| Amounts payable | 17/49 | €608,368 | €1,147,503 | +€539,135 | +88.6% |
| Amounts payable after more than one year | 17 | €287,420 | €659,019 | +€371,599 | +129% |
| Financial debts | 170/4 | €287,420 | €659,019 | +€371,599 | +129% |
| Amounts payable within one year | 42/48 | €320,948 | €488,416 | +€167,468 | +52.2% |
| Current portion of amounts payable after more than one year | 42 | €30,477 | €55,801 | +€25,324 | +83.1% |
| Trade debts | 44 | €217,141 | €271,660 | +€54,519 | +25.1% |
| Suppliers | 440/4 | €217,141 | €271,660 | +€54,519 | +25.1% |
| Taxes, remuneration and social security | 45 | €65,918 | €151,473 | +€85,555 | +130% |
| Taxes | 450/3 | €42,902 | €67,410 | +€24,508 | +57.1% |
| Remuneration and social security | 454/9 | €23,016 | €84,063 | +€61,047 | +265% |
| Other amounts payable | 47/48 | €7,412 | €9,483 | +€2,071 | +27.9% |
| Accrued charges and deferred income | 492/3 | - | €68 | +€68 | |
| Remuneration, social security and pensions | 62 | €178,448 | €263,913 | +€85,465 | +47.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,052 | €98,689 | +€10,637 | +12.1% |
| Other operating charges | 640/8 | €3,690 | €26,630 | +€22,940 | +622% |
| Non-recurring operating charges | 66A | €363 | €3,268 | +€2,905 | +800% |
| Gross operating margin | 9900 | €331,843 | €498,868 | +€167,025 | +50.3% |
| Operating profit (loss) | 9901 | €61,291 | €106,369 | +€45,079 | +73.5% |
| Financial income | 75/76B | €55 | €37 | -€18 | -33.2% |
| Recurring financial income | 75 | €55 | €37 | -€18 | -33.2% |
| Financial charges | 65/66B | €24,971 | €35,634 | +€10,663 | +42.7% |
| Recurring financial charges | 65 | €24,971 | €35,634 | +€10,663 | +42.7% |
| Profit (loss) for the period before taxes | 9903 | €36,374 | €70,772 | +€34,398 | +94.6% |
| Income taxes | 67/77 | €24,395 | €22,374 | -€2,021 | -8.3% |
| Profit (loss) for the period | 9904 | €11,979 | €48,398 | +€36,419 | +304% |
| Profit (loss) for the period to be appropriated | 9905 | €11,979 | €48,398 | +€36,419 | +304% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.