RIVENDEL: 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.
RIVENDEL
Largest movements
- Cash -€82,378
down €82,378 (-92.3%), from €89,286 to €6,908
mainly Other debts (-€88,601) and Net result for the year (-€520)
- Tangible fixed assets -€7,083
down €7,083 (-3.9%), from €180,389 to €173,306
- Other debts -€88,601
down €88,601 (-47.4%), from €186,788 to €98,187
- Gross operating margin -€8,065
down €8,065 (-50.8%), from €15,865 to €7,800
- Taxes -€2,059
no longer reported in 2024 (was €2,059)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €269,675 | €180,214 | -€89,461 | -33.2% |
| Fixed assets | 21/28 | €180,389 | €173,306 | -€7,083 | -3.9% |
| Tangible fixed assets | 22/27 | €180,389 | €173,306 | -€7,083 | -3.9% |
| Land and buildings | 22 | €180,389 | €173,306 | -€7,083 | -3.9% |
| Current assets | 29/58 | €89,286 | €6,908 | -€82,378 | -92.3% |
| Cash at bank and in hand | 54/58 | €89,286 | €6,908 | -€82,378 | -92.3% |
| Total equity and liabilities | 10/49 | €269,675 | €180,214 | -€89,461 | -33.2% |
| Equity | 10/15 | €80,863 | €80,343 | -€520 | -0.6% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €6,495 | €6,495 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,495 | €6,495 | = | 0.0% |
| Legal reserve | 130 | €6,495 | €6,495 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€520 | -€520 | |
| Amounts payable | 17/49 | €188,812 | €99,871 | -€88,941 | -47.1% |
| Amounts payable within one year | 42/48 | €188,812 | €99,871 | -€88,941 | -47.1% |
| Taxes, remuneration and social security | 45 | €2,024 | €1,684 | -€340 | -16.8% |
| Taxes | 450/3 | €2,024 | €1,684 | -€340 | -16.8% |
| Other amounts payable | 47/48 | €186,788 | €98,187 | -€88,601 | -47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,082 | €7,083 | +€1 | 0.0% |
| Other operating charges | 640/8 | €1,170 | €1,208 | +€38 | +3.2% |
| Gross operating margin | 9900 | €15,865 | €7,800 | -€8,065 | -50.8% |
| Operating profit (loss) | 9901 | €7,613 | -€491 | -€8,104 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €7,583 | -€520 | -€8,103 | |
| Income taxes | 67/77 | €2,059 | - | -€2,059 | |
| Profit (loss) for the period | 9904 | €5,524 | -€520 | -€6,044 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,524 | -€520 | -€6,044 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.