RIVERCO: 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.
RIVERCO
Largest movements
- Stocks and contracts +€7,645
new in 2025: €7,645
- Receivables within one year +€1,488
up €1,488 (+142.1%), from €1,047 to €2,536
of which Trade receivables: +€1,255
- Cash +€345
new in 2025: €345
mainly Trade debts (+€12,097) and Other debts (+€1,616)
- Trade debts +€12,097
up €12,097 (+272.8%), from €4,434 to €16,531
- Profit (loss) carried forward -€2,594
down €2,594 (-2.4%), from -€107,962 to -€110,556
- Short-term financial debts -€1,640
no longer reported in 2025 (was €1,640)
- Other debts +€1,616
up €1,616 (+1.8%), from €89,900 to €91,516
- Depreciation -€3,667
no longer reported in 2025 (was €3,667)
- Gross operating margin -€3,471
down €3,471, from €952 to -€2,520
- Financial charges -€163
down €163 (-68.7%), from €237 to €74
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.
Cash bridge derived
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 | €1,047 | €10,526 | +€9,478 | +905.2% |
| Current assets | 29/58 | €1,047 | €10,526 | +€9,478 | +905.2% |
| Stocks and contracts in progress | 3 | - | €7,645 | +€7,645 | |
| Stocks | 30/36 | - | €7,645 | +€7,645 | |
| Amounts receivable within one year | 40/41 | €1,047 | €2,536 | +€1,488 | +142.1% |
| Trade receivables | 40 | - | €1,255 | +€1,255 | |
| Other amounts receivable | 41 | €1,047 | €1,280 | +€233 | +22.2% |
| Cash at bank and in hand | 54/58 | - | €345 | +€345 | |
| Total equity and liabilities | 10/49 | €1,047 | €10,526 | +€9,478 | +905.2% |
| Equity | 10/15 | -€94,962 | -€97,556 | -€2,594 | -2.7% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,962 | -€110,556 | -€2,594 | -2.4% |
| Amounts payable | 17/49 | €96,009 | €108,081 | +€12,072 | +12.6% |
| Amounts payable within one year | 42/48 | €95,975 | €108,047 | +€12,072 | +12.6% |
| Financial debts | 43 | €1,640 | - | -€1,640 | |
| Credit institutions | 430/8 | €1,640 | - | -€1,640 | |
| Trade debts | 44 | €4,434 | €16,531 | +€12,097 | +272.8% |
| Suppliers | 440/4 | €4,434 | €16,531 | +€12,097 | +272.8% |
| Other amounts payable | 47/48 | €89,900 | €91,516 | +€1,616 | +1.8% |
| Accrued charges and deferred income | 492/3 | €34 | €34 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,667 | - | -€3,667 | |
| Gross operating margin | 9900 | €952 | -€2,520 | -€3,471 | |
| Operating profit (loss) | 9901 | -€2,715 | -€2,520 | +€195 | +7.2% |
| Financial charges | 65/66B | €237 | €74 | -€163 | -68.7% |
| Recurring financial charges | 65 | €237 | €74 | -€163 | -68.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,952 | -€2,594 | +€359 | +12.1% |
| Profit (loss) for the period | 9904 | -€2,952 | -€2,594 | +€359 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,952 | -€2,594 | +€359 | +12.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.