RIVELNA: 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.
RIVELNA
Largest movements
- Tangible fixed assets +€1.6m
up €1.6m (+779%), from €209,041 to €1.8m
- Receivables after one year -€100,000
no longer reported in 2025 (was €100,000)
- Receivables within one year +€66,941
up €66,941 (+1,347%), from €4,970 to €71,911
of which Other amounts receivable: +€66,941
- Revaluation surpluses +€1.7m
new in 2025: €1.7m
- Trade debts -€160,744
down €160,744 (-94.7%), from €169,673 to €8,929
- Other debts +€76,073
up €76,073 (+61.4%), from €123,927 to €200,000
- Financial income +€20,101
up €20,101 (+258%), from €7,796 to €27,897
of which Financial income: +€19,616
- Other operating charges +€11,499
up €11,499 (+136%), from €8,474 to €19,973
- Depreciation -€976
down €976 (-3.2%), from €30,459 to €29,482
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 | €588,293 | €2,188,400 | +€1.6m | +272% |
| Fixed assets | 21/28 | €209,041 | €1,837,803 | +€1.6m | +779% |
| Tangible fixed assets | 22/27 | €209,041 | €1,837,803 | +€1.6m | +779% |
| Land and buildings | 22 | €209,041 | €1,837,803 | +€1.6m | +779% |
| Current assets | 29/58 | €379,252 | €350,598 | -€28,654 | -7.6% |
| Amounts receivable after more than one year | 29 | €100,000 | - | -€100,000 | |
| Other amounts receivable | 291 | €100,000 | - | -€100,000 | |
| Amounts receivable within one year | 40/41 | €4,970 | €71,911 | +€66,941 | +1,347% |
| Trade receivables | 40 | €811 | €811 | = | 0.0% |
| Other amounts receivable | 41 | €4,158 | €71,099 | +€66,941 | +1,610% |
| Current investments | 50/53 | €242,590 | €227,590 | -€15,000 | -6.2% |
| Cash at bank and in hand | 54/58 | €31,692 | €46,634 | +€14,942 | +47.1% |
| Deferred charges and accrued income | 490/1 | - | €4,463 | +€4,463 | |
| Total equity and liabilities | 10/49 | €588,293 | €2,188,400 | +€1.6m | +272% |
| Equity | 10/15 | €294,524 | €1,979,441 | +€1.7m | +572% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €1,658,244 | +€1.7m | |
| Reserves | 13 | €217,904 | €224,524 | +€6,620 | +3.0% |
| Non-distributable reserves | 130/1 | €12,162 | €12,162 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,162 | €5,162 | = | 0.0% |
| Tax-exempt reserves | 132 | €201,984 | €201,984 | = | 0.0% |
| Distributable reserves | 133 | €3,759 | €10,379 | +€6,620 | +176% |
| Profit (loss) carried forward | 14 | €6,620 | €26,673 | +€20,053 | +303% |
| Amounts payable | 17/49 | €293,769 | €208,960 | -€84,809 | -28.9% |
| Amounts payable within one year | 42/48 | €293,769 | €208,960 | -€84,809 | -28.9% |
| Trade debts | 44 | €169,673 | €8,929 | -€160,744 | -94.7% |
| Suppliers | 440/4 | €169,673 | €8,929 | -€160,744 | -94.7% |
| Taxes, remuneration and social security | 45 | €169 | €30 | -€138 | -82.0% |
| Taxes | 450/3 | €169 | €30 | -€138 | -82.0% |
| Other amounts payable | 47/48 | €123,927 | €200,000 | +€76,073 | +61.4% |
| Non-recurring operating income | 76A | €318 | - | -€318 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,459 | €29,482 | -€976 | -3.2% |
| Other operating charges | 640/8 | €8,474 | €19,973 | +€11,499 | +136% |
| Gross operating margin | 9900 | €90,122 | €89,834 | -€288 | -0.3% |
| Operating profit (loss) | 9901 | €51,190 | €40,379 | -€10,811 | -21.1% |
| Financial income | 75/76B | €7,796 | €27,897 | +€20,101 | +258% |
| Recurring financial income | 75 | €7,796 | €27,412 | +€19,616 | +252% |
| Non-recurring financial income | 76B | - | €486 | +€486 | |
| Financial charges | 65/66B | €197 | €181 | -€17 | -8.5% |
| Recurring financial charges | 65 | €197 | €181 | -€17 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €58,788 | €68,096 | +€9,307 | +15.8% |
| Income taxes | 67/77 | €2,169 | €1,423 | -€746 | -34.4% |
| Profit (loss) for the period | 9904 | €56,620 | €66,673 | +€10,053 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €56,620 | €66,673 | +€10,053 | +17.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.