RIVENDELL: 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.
RIVENDELL
Largest movements
- Cash -€16,716
down €16,716 (-90.0%), from €18,584 to €1,867
mainly Debts after one year (-€34,308) and Net result for the year (-€24,667)
- Tangible fixed assets -€16,451
down €16,451 (-3.4%), from €478,079 to €461,628
of which Land and buildings: -€14,389
- Debts after one year -€34,308
down €34,308 (-13.4%), from €255,397 to €221,088
- Other debts +€26,769
up €26,769 (+10.3%), from €260,431 to €287,200
- Profit (loss) carried forward -€24,667
down €24,667 (-43.1%), from -€57,179 to -€81,846
- Gross operating margin -€45,451
down €45,451 (-97.7%), from €46,522 to €1,071
- Other operating charges -€35,177
down €35,177 (-94.3%), from €37,322 to €2,145
- Financial charges -€3,522
down €3,522 (-33.0%), from €10,664 to €7,141
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 | €496,662 | €463,495 | -€33,167 | -6.7% |
| Fixed assets | 21/28 | €478,079 | €461,628 | -€16,451 | -3.4% |
| Tangible fixed assets | 22/27 | €478,079 | €461,628 | -€16,451 | -3.4% |
| Land and buildings | 22 | €473,901 | €459,512 | -€14,389 | -3.0% |
| Plant, machinery and equipment | 23 | €4,178 | €2,116 | -€2,062 | -49.4% |
| Current assets | 29/58 | €18,584 | €1,867 | -€16,716 | -90.0% |
| Cash at bank and in hand | 54/58 | €18,584 | €1,867 | -€16,716 | -90.0% |
| Total equity and liabilities | 10/49 | €496,662 | €463,495 | -€33,167 | -6.7% |
| Equity | 10/15 | -€57,178 | -€81,845 | -€24,667 | -43.1% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,179 | -€81,846 | -€24,667 | -43.1% |
| Amounts payable | 17/49 | €553,841 | €545,340 | -€8,501 | -1.5% |
| Amounts payable after more than one year | 17 | €255,397 | €221,088 | -€34,308 | -13.4% |
| Financial debts | 170/4 | €255,397 | €221,088 | -€34,308 | -13.4% |
| Amounts payable within one year | 42/48 | €298,444 | €324,252 | +€25,808 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €34,633 | €34,308 | -€325 | -0.9% |
| Trade debts | 44 | €3,088 | €2,626 | -€462 | -15.0% |
| Suppliers | 440/4 | €3,088 | €2,626 | -€462 | -15.0% |
| Taxes, remuneration and social security | 45 | €292 | €117 | -€175 | -59.8% |
| Taxes | 450/3 | €292 | €117 | -€175 | -59.8% |
| Other amounts payable | 47/48 | €260,431 | €287,200 | +€26,769 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,451 | €16,451 | = | 0.0% |
| Other operating charges | 640/8 | €37,322 | €2,145 | -€35,177 | -94.3% |
| Gross operating margin | 9900 | €46,522 | €1,071 | -€45,451 | -97.7% |
| Operating profit (loss) | 9901 | -€7,251 | -€17,525 | -€10,274 | -141.7% |
| Financial charges | 65/66B | €10,664 | €7,141 | -€3,522 | -33.0% |
| Recurring financial charges | 65 | €10,664 | €7,141 | -€3,522 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,915 | -€24,667 | -€6,752 | -37.7% |
| Profit (loss) for the period | 9904 | -€17,915 | -€24,667 | -€6,752 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,915 | -€24,667 | -€6,752 | -37.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.