RIVELI: what changed
Two financial 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.
RIVELI
Largest movements
- Tangible fixed assets -€80,181
down €80,181 (-10.7%), from €750,389 to €670,208
of which Land and buildings: -€78,008
- Receivables within one year +€41,468
up €41,468 (+357%), from €11,605 to €53,073
of which Other amounts receivable: +€41,468
- Debts after one year +€130,513
up €130,513 (+3.6%), from €3.6m to €3.8m
- Profit (loss) carried forward -€108,027
down €108,027 (-2.8%), from -€3.8m to -€3.9m
- Other debts -€25,467
down €25,467 (-24.1%), from €105,513 to €80,046
- Reserves -€23,981
down €23,981 (-100%), from €23,981 to €0
- Provisions -€7,994
down €7,994 (-100%), from €7,994 to €0
- Gross operating margin +€60,389
up €60,389, from -€11,976 to €48,413
- Financial charges -€25,466
down €25,466 (-24.1%), from €105,716 to €80,251
- Depreciation +€3,087
up €3,087 (+3.3%), from €93,886 to €96,973
- Other operating charges -€744
down €744 (-6.2%), from €11,935 to €11,191
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.
Derived cash bridge
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 | €769,867 | €734,374 | -€35,493 | -4.6% |
| Fixed assets | 21/28 | €750,389 | €670,208 | -€80,181 | -10.7% |
| Tangible fixed assets | 22/27 | €750,389 | €670,208 | -€80,181 | -10.7% |
| Land and buildings | 22 | €744,719 | €666,711 | -€78,008 | -10.5% |
| Plant, machinery and equipment | 23 | €5,671 | €3,497 | -€2,173 | -38.3% |
| Current assets | 29/58 | €19,478 | €64,166 | +€44,688 | +229% |
| Amounts receivable within one year | 40/41 | €11,605 | €53,073 | +€41,468 | +357% |
| Trade receivables | 40 | €689 | €689 | = | 0.0% |
| Other amounts receivable | 41 | €10,915 | €52,384 | +€41,468 | +380% |
| Cash at bank and in hand | 54/58 | €6,357 | €9,493 | +€3,135 | +49.3% |
| Deferred charges and accrued income | 490/1 | €1,516 | €1,600 | +€84 | +5.5% |
| Total equity and liabilities | 10/49 | €769,867 | €734,374 | -€35,493 | -4.6% |
| Equity | 10/15 | -€3,006,831 | -€3,138,839 | -€132,008 | -4.4% |
| Contributions | 10/11 | €785,000 | €785,000 | = | 0.0% |
| Reserves | 13 | €23,981 | €0 | -€23,981 | -100% |
| Tax-exempt reserves | 132 | €23,981 | €0 | -€23,981 | -100% |
| Profit (loss) carried forward | 14 | -€3,815,812 | -€3,923,839 | -€108,027 | -2.8% |
| Provisions and deferred taxes | 16 | €7,994 | €0 | -€7,994 | -100% |
| Deferred taxes | 168 | €7,994 | €0 | -€7,994 | -100% |
| Amounts payable | 17/49 | €3,768,704 | €3,873,212 | +€104,508 | +2.8% |
| Amounts payable after more than one year | 17 | €3,647,231 | €3,777,744 | +€130,513 | +3.6% |
| Other amounts payable | 178/9 | €3,647,231 | €3,777,744 | +€130,513 | +3.6% |
| Amounts payable within one year | 42/48 | €121,460 | €92,002 | -€29,458 | -24.3% |
| Trade debts | 44 | €15,947 | €11,956 | -€3,991 | -25.0% |
| Suppliers | 440/4 | €15,947 | €11,956 | -€3,991 | -25.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €105,513 | €80,046 | -€25,467 | -24.1% |
| Accrued charges and deferred income | 492/3 | €13 | €3,466 | +€3,453 | +26,746% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,886 | €96,973 | +€3,087 | +3.3% |
| Other operating charges | 640/8 | €11,935 | €11,191 | -€744 | -6.2% |
| Gross operating margin | 9900 | -€11,976 | €48,413 | +€60,389 | |
| Operating profit (loss) | 9901 | -€117,798 | -€59,751 | +€58,046 | +49.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €105,716 | €80,251 | -€25,466 | -24.1% |
| Recurring financial charges | 65 | €105,716 | €80,251 | -€25,466 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | -€223,514 | -€140,002 | +€83,512 | +37.4% |
| Transfer from deferred taxes | 780 | €7,994 | €7,994 | +€0 | 0.0% |
| Profit (loss) for the period | 9904 | -€215,520 | -€132,008 | +€83,512 | +38.7% |
| Transfer from tax-exempt reserves | 789 | €23,981 | €23,981 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€191,539 | -€108,027 | +€83,512 | +43.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.