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
- Receivables within one year +€19,760
up €19,760 (+312%), from €6,327 to €26,087
of which Trade receivables: +€10,673
- Cash +€8,278
up €8,278 (+69.7%), from €11,873 to €20,150
mainly Debts after one year (+€12,026) and Trade debts (+€10,479)
- Stocks and contracts -€6,030
down €6,030 (-100%), from €6,030 to €0
- Deferred charges and accrued income +€5,620
up €5,620 (+226%), from €2,483 to €8,103
- Debts after one year +€12,026
new in 2022: €12,026
- Trade debts +€10,479
up €10,479 (+1,507%), from €695 to €11,175
- Reserves +€5,125
up €5,125 (+38.4%), from €13,347 to €18,471
- Current portion of long-term debt +€3,793
new in 2022: €3,793
- Tax, wage and social debts -€3,331
down €3,331 (-39.1%), from €8,511 to €5,180
of which Taxes: -€5,031
- Gross operating margin -€4,745
down €4,745 (-24.6%), from €19,259 to €14,515
- Depreciation +€1,869
up €1,869 (+10,196%), from €18 to €1,887
- Other operating charges +€1,379
up €1,379 (+105%), from €1,319 to €2,698
- Taxes -€884
down €884 (-20.3%), from €4,364 to €3,480
- Financial charges +€355
up €355 (+168%), from €212 to €567
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,553 | €56,645 | +€28,092 | +98.4% |
| Fixed assets | 21/28 | €1,840 | €2,304 | +€464 | +25.2% |
| Tangible fixed assets | 22/27 | €1,840 | €2,304 | +€464 | +25.2% |
| Furniture and vehicles | 24 | €1,840 | €2,304 | +€464 | +25.2% |
| Current assets | 29/58 | €26,713 | €54,341 | +€27,628 | +103% |
| Stocks and contracts in progress | 3 | €6,030 | €0 | -€6,030 | -100% |
| Contracts in progress | 37 | €6,030 | €0 | -€6,030 | -100% |
| Amounts receivable within one year | 40/41 | €6,327 | €26,087 | +€19,760 | +312% |
| Trade receivables | 40 | €6,179 | €16,852 | +€10,673 | +173% |
| Other amounts receivable | 41 | €148 | €9,235 | +€9,087 | +6,145% |
| Cash at bank and in hand | 54/58 | €11,873 | €20,150 | +€8,278 | +69.7% |
| Deferred charges and accrued income | 490/1 | €2,483 | €8,103 | +€5,620 | +226% |
| Total equity and liabilities | 10/49 | €28,553 | €56,645 | +€28,092 | +98.4% |
| Equity | 10/15 | €19,347 | €24,471 | +€5,125 | +26.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €13,347 | €18,471 | +€5,125 | +38.4% |
| Distributable reserves | 133 | €13,347 | €18,471 | +€5,125 | +38.4% |
| Amounts payable | 17/49 | €9,206 | €32,173 | +€22,967 | +249% |
| Amounts payable after more than one year | 17 | - | €12,026 | +€12,026 | |
| Financial debts | 170/4 | - | €12,026 | +€12,026 | |
| Amounts payable within one year | 42/48 | €9,206 | €20,147 | +€10,941 | +119% |
| Current portion of amounts payable after more than one year | 42 | - | €3,793 | +€3,793 | |
| Trade debts | 44 | €695 | €11,175 | +€10,479 | +1,507% |
| Suppliers | 440/4 | €695 | €11,175 | +€10,479 | +1,507% |
| Taxes, remuneration and social security | 45 | €8,511 | €5,180 | -€3,331 | -39.1% |
| Taxes | 450/3 | €8,511 | €3,480 | -€5,031 | -59.1% |
| Remuneration and social security | 454/9 | - | €1,700 | +€1,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18 | €1,887 | +€1,869 | +10,196% |
| Other operating charges | 640/8 | €1,319 | €2,698 | +€1,379 | +105% |
| Non-recurring operating charges | 66A | - | €758 | +€758 | |
| Gross operating margin | 9900 | €19,259 | €14,515 | -€4,745 | -24.6% |
| Operating profit (loss) | 9901 | €17,922 | €9,171 | -€8,751 | -48.8% |
| Financial charges | 65/66B | €212 | €567 | +€355 | +168% |
| Recurring financial charges | 65 | €212 | €567 | +€355 | +168% |
| Profit (loss) for the period before taxes | 9903 | €17,710 | €8,604 | -€9,106 | -51.4% |
| Income taxes | 67/77 | €4,364 | €3,480 | -€884 | -20.3% |
| Profit (loss) for the period | 9904 | €13,347 | €5,125 | -€8,222 | -61.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,347 | €5,125 | -€8,222 | -61.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.