Riverside Management: 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.
Riverside Management
Largest movements
- Cash +€1.0m
up €1.0m (+356%), from €290,015 to €1.3m
mainly Current investments (+€630,000) and Net result for the year (+€457,930)
- Current investments -€630,000
no longer reported in 2025 (was €630,000)
- Receivables within one year -€25,065
down €25,065 (-64.5%), from €38,874 to €13,809
of which Trade receivables: -€17,733
- Profit (loss) carried forward +€385,390
up €385,390 (+19.3%), from €2.0m to €2.4m
- Financial income -€66,276
down €66,276 (-13.7%), from €482,737 to €416,461
- Depreciation -€6,583
down €6,583 (-45.9%), from €14,351 to €7,768
- Taxes +€1,309
up €1,309 (+6.2%), from €21,136 to €22,445
- Gross operating margin +€742
up €742 (+1.0%), from €73,265 to €74,007
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 | €2,119,380 | €2,495,374 | +€375,994 | +17.7% |
| Fixed assets | 21/28 | €1,105,042 | €1,101,246 | -€3,796 | -0.3% |
| Tangible fixed assets | 22/27 | €11,503 | €7,707 | -€3,796 | -33.0% |
| Furniture and vehicles | 24 | €11,503 | €7,707 | -€3,796 | -33.0% |
| Financial fixed assets | 28 | €1,093,539 | €1,093,539 | = | 0.0% |
| Current assets | 29/58 | €1,014,337 | €1,394,128 | +€379,791 | +37.4% |
| Amounts receivable after more than one year | 29 | €51,096 | €55,184 | +€4,088 | +8.0% |
| Other amounts receivable | 291 | €51,096 | €55,184 | +€4,088 | +8.0% |
| Amounts receivable within one year | 40/41 | €38,874 | €13,809 | -€25,065 | -64.5% |
| Trade receivables | 40 | €27,525 | €9,793 | -€17,733 | -64.4% |
| Other amounts receivable | 41 | €11,348 | €4,016 | -€7,332 | -64.6% |
| Current investments | 50/53 | €630,000 | - | -€630,000 | |
| Cash at bank and in hand | 54/58 | €290,015 | €1,322,481 | +€1.0m | +356% |
| Deferred charges and accrued income | 490/1 | €4,352 | €2,654 | -€1,698 | -39.0% |
| Total equity and liabilities | 10/49 | €2,119,380 | €2,495,374 | +€375,994 | +17.7% |
| Equity | 10/15 | €2,017,898 | €2,403,288 | +€385,390 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,997,438 | €2,382,828 | +€385,390 | +19.3% |
| Amounts payable | 17/49 | €101,482 | €92,086 | -€9,396 | -9.3% |
| Amounts payable within one year | 42/48 | €101,482 | €92,086 | -€9,396 | -9.3% |
| Trade debts | 44 | €216 | €267 | +€51 | +23.6% |
| Suppliers | 440/4 | €216 | €267 | +€51 | +23.6% |
| Taxes, remuneration and social security | 45 | €28,726 | €13,224 | -€15,502 | -54.0% |
| Taxes | 450/3 | €28,726 | €13,224 | -€15,502 | -54.0% |
| Other amounts payable | 47/48 | €72,540 | €78,595 | +€6,055 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,351 | €7,768 | -€6,583 | -45.9% |
| Other operating charges | 640/8 | €1,871 | €1,584 | -€287 | -15.3% |
| Gross operating margin | 9900 | €73,265 | €74,007 | +€742 | +1.0% |
| Operating profit (loss) | 9901 | €57,043 | €64,655 | +€7,612 | +13.3% |
| Financial income | 75/76B | €482,737 | €416,461 | -€66,276 | -13.7% |
| Recurring financial income | 75 | €482,737 | €416,461 | -€66,276 | -13.7% |
| Financial charges | 65/66B | €726 | €741 | +€15 | +2.1% |
| Recurring financial charges | 65 | €726 | €741 | +€15 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €539,054 | €480,375 | -€58,679 | -10.9% |
| Income taxes | 67/77 | €21,136 | €22,445 | +€1,309 | +6.2% |
| Profit (loss) for the period | 9904 | €517,919 | €457,930 | -€59,988 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €517,919 | €457,930 | -€59,988 | -11.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.