Rivedelys: 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.
What changed
Rivedelys
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€528,443
2024 · €2.0m-€1.4m
Equity
€2.4m
2024 · €2.0m+€428,443
Cash
€2,067
2024 · €1,892+€175
Balance sheet total
€15.1m
2024 · €15.1m+€12,163
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€500,000
down €500,000 (-3.8%), from €13.1m to €12.6m
- Profit (loss) carried forward +€428,443
up €428,443 (+21.7%), from €2.0m to €2.4m
Income statement
- Financial income -€1.5m
down €1.5m (-75.0%), from €2.0m to €500,000
- Turnover +€35,000
up €35,000 (+14.7%), from €238,000 to €273,000
- Services and other goods -€24,737
down €24,737 (-9.4%), from €263,166 to €238,429
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.
Result 2024
€2.0m
Turnover
+€35,000
Services and other goods
+€24,737
Other operating charges
-€461
Financial income
-€1.5m
Financial charges
+€281
Taxes
-€1,302
Result 2025
€528,443
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.
From operations
+€600,175
Investment
€0
Financing
-€600,000
Cash 2024
€1,892
From operations (derived)
+€600,175
Net result for the year
+€528,443
Depreciation
+€3,613
Receivables within one year
-€15,601
Trade debts
+€11,001
Other debts
+€73,000
Accrued charges and deferred income
-€282
Financing
-€600,000
Debts after one year
-€500,000
Contributions, distributions and other
-€100,000
Cash 2025
€2,067
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,086,664 | €15,098,827 | +€12,163 | +0.1% |
| Formation expenses | 20 | €10,840 | €7,226 | -€3,613 | -33.3% |
| Fixed assets | 21/28 | €15,059,481 | €15,059,481 | = | 0.0% |
| Financial fixed assets | 28 | €15,059,481 | €15,059,481 | = | 0.0% |
| Affiliated companies | 280/1 | €15,059,481 | €15,059,481 | = | 0.0% |
| Participating interests | 280 | €15,059,481 | €15,059,481 | = | 0.0% |
| Current assets | 29/58 | €16,343 | €32,119 | +€15,776 | +96.5% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €14,451 | €30,052 | +€15,601 | +108.0% |
| Trade receivables | 40 | €13,915 | €18,150 | +€4,235 | +30.4% |
| Other amounts receivable | 41 | €536 | €11,902 | +€11,366 | +2119.6% |
| Cash at bank and in hand | 54/58 | €1,892 | €2,067 | +€175 | +9.3% |
| Total equity and liabilities | 10/49 | €15,086,664 | €15,098,827 | +€12,163 | +0.1% |
| Equity | 10/15 | €1,980,068 | €2,408,512 | +€428,443 | +21.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,975,068 | €2,403,512 | +€428,443 | +21.7% |
| Amounts payable | 17/49 | €13,106,596 | €12,690,315 | -€416,281 | -3.2% |
| Amounts payable after more than one year | 17 | €13,059,481 | €12,559,481 | -€500,000 | -3.8% |
| Financial debts | 170/4 | €13,059,481 | €12,559,481 | -€500,000 | -3.8% |
| Other loans | 174 | €13,059,481 | €12,559,481 | -€500,000 | -3.8% |
| Amounts payable within one year | 42/48 | €46,746 | €130,747 | +€84,001 | +179.7% |
| Trade debts | 44 | €19,746 | €30,747 | +€11,001 | +55.7% |
| Suppliers | 440/4 | €19,746 | €30,747 | +€11,001 | +55.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €27,000 | €100,000 | +€73,000 | +270.4% |
| Accrued charges and deferred income | 492/3 | €368 | €86 | -€282 | -76.5% |
| Operating income | 70/76A | €238,000 | €273,000 | +€35,000 | +14.7% |
| Turnover | 70 | €238,000 | €273,000 | +€35,000 | +14.7% |
| Operating charges | 60/66A | €267,391 | €243,115 | -€24,276 | -9.1% |
| Services and other goods | 61 | €263,166 | €238,429 | -€24,737 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,613 | €3,613 | = | 0.0% |
| Other operating charges | 640/8 | €612 | €1,073 | +€461 | +75.3% |
| Operating profit (loss) | 9901 | -€29,391 | €29,885 | +€59,276 | |
| Financial income | 75/76B | €2,000,000 | €500,000 | -€1.5m | -75.0% |
| Recurring financial income | 75 | €2,000,000 | €500,000 | -€1.5m | -75.0% |
| Income from financial fixed assets | 750 | €2,000,000 | €500,000 | -€1.5m | -75.0% |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €420 | €139 | -€281 | -66.8% |
| Recurring financial charges | 65 | €420 | €139 | -€281 | -66.8% |
| Debt charges | 650 | €368 | €86 | -€282 | -76.5% |
| Other financial charges | 652/9 | €51 | €53 | +€1 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €1,970,189 | €529,745 | -€1.4m | -73.1% |
| Income taxes | 67/77 | - | €1,302 | +€1,302 | |
| Taxes | 670/3 | - | €1,302 | +€1,302 | |
| Profit (loss) for the period | 9904 | €1,970,189 | €528,443 | -€1.4m | -73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,970,189 | €528,443 | -€1.4m | -73.2% |
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 2 October 2026 via checked.be.