RIVERTOURS: 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.
RIVERTOURS
Largest movements
- Receivables within one year +€42,579
up €42,579 (+8.9%), from €478,041 to €520,620
of which Other amounts receivable: +€27,784
- Deferred charges and accrued income -€17,875
down €17,875 (-96.5%), from €18,521 to €646
- Cash +€12,498
up €12,498 (+133.8%), from €9,338 to €21,836
mainly Other debts (+€35,627) and Trade debts (+€33,015)
- Other debts +€35,627
up €35,627 (+75.8%), from €47,009 to €82,636
- Trade debts +€33,015
up €33,015 (+10.5%), from €313,338 to €346,354
- Profit (loss) carried forward -€20,179
down €20,179 (-240.3%), from -€8,396 to -€28,575
- Accrued charges and deferred income -€6,933
down €6,933 (-31.9%), from €21,759 to €14,826
- Gross operating margin -€59,956
down €59,956, from €48,598 to -€11,358
- Staff costs -€26,414
down €26,414 (-74.7%), from €35,345 to €8,931
- Other operating charges +€1,550
up €1,550 (+63.1%), from €2,458 to €4,009
- Taxes -€604
no longer reported in 2025 (was €604)
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 | €508,268 | €546,314 | +€38,046 | +7.5% |
| Fixed assets | 21/28 | €2,368 | €3,212 | +€844 | +35.6% |
| Tangible fixed assets | 22/27 | €2,120 | €2,964 | +€844 | +39.8% |
| Furniture and vehicles | 24 | €2,120 | €2,964 | +€844 | +39.8% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €505,900 | €543,102 | +€37,202 | +7.4% |
| Amounts receivable within one year | 40/41 | €478,041 | €520,620 | +€42,579 | +8.9% |
| Trade receivables | 40 | €143,380 | €158,175 | +€14,796 | +10.3% |
| Other amounts receivable | 41 | €334,661 | €362,445 | +€27,784 | +8.3% |
| Cash at bank and in hand | 54/58 | €9,338 | €21,836 | +€12,498 | +133.8% |
| Deferred charges and accrued income | 490/1 | €18,521 | €646 | -€17,875 | -96.5% |
| Total equity and liabilities | 10/49 | €508,268 | €546,314 | +€38,046 | +7.5% |
| Equity | 10/15 | €122,026 | €101,847 | -€20,179 | -16.5% |
| Contributions | 10/11 | €126,921 | €126,921 | = | 0.0% |
| Reserves | 13 | €3,500 | €3,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,396 | -€28,575 | -€20,179 | -240.3% |
| Amounts payable | 17/49 | €386,242 | €444,467 | +€58,225 | +15.1% |
| Amounts payable within one year | 42/48 | €364,483 | €429,641 | +€65,157 | +17.9% |
| Trade debts | 44 | €313,338 | €346,354 | +€33,015 | +10.5% |
| Suppliers | 440/4 | €313,338 | €346,354 | +€33,015 | +10.5% |
| Taxes, remuneration and social security | 45 | €4,136 | €651 | -€3,485 | -84.3% |
| Remuneration and social security | 454/9 | €4,136 | €651 | -€3,485 | -84.3% |
| Other amounts payable | 47/48 | €47,009 | €82,636 | +€35,627 | +75.8% |
| Accrued charges and deferred income | 492/3 | €21,759 | €14,826 | -€6,933 | -31.9% |
| Remuneration, social security and pensions | 62 | €35,345 | €8,931 | -€26,414 | -74.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €163 | +€163 | |
| Other operating charges | 640/8 | €2,458 | €4,009 | +€1,550 | +63.1% |
| Gross operating margin | 9900 | €48,598 | -€11,358 | -€59,956 | |
| Operating profit (loss) | 9901 | €10,794 | -€24,460 | -€35,255 | |
| Financial income | 75/76B | €6,140 | €5,967 | -€174 | -2.8% |
| Recurring financial income | 75 | €6,140 | €5,967 | -€174 | -2.8% |
| Financial charges | 65/66B | €1,442 | €1,685 | +€243 | +16.9% |
| Recurring financial charges | 65 | €1,442 | €1,685 | +€243 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | €15,492 | -€20,179 | -€35,671 | |
| Income taxes | 67/77 | €604 | - | -€604 | |
| Profit (loss) for the period | 9904 | €14,888 | -€20,179 | -€35,067 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,888 | -€20,179 | -€35,067 |
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 12 October 2026 via checked.be.