RIVES BOIS: 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.
RIVES BOIS
Largest movements
- Stocks and contracts -€126,988
down €126,988 (-36.2%), from €351,124 to €224,136
- Receivables within one year +€69,537
up €69,537 (+59.6%), from €116,732 to €186,269
of which Trade receivables: +€65,878
- Tangible fixed assets -€62,377
down €62,377 (-25.2%), from €247,103 to €184,726
of which Plant, machinery and equipment: -€35,976
- Other debts -€54,886
down €54,886 (-27.0%), from €203,059 to €148,173
- Debts after one year -€39,800
down €39,800 (-32.5%), from €122,521 to €82,721
- Trade debts -€28,586
down €28,586 (-16.3%), from €174,905 to €146,319
- Current portion of long-term debt -€9,896
down €9,896 (-19.9%), from €49,696 to €39,800
- Short-term financial debts +€8,484
new in 2025: €8,484
- Gross operating margin +€12,831
up €12,831 (+18.6%), from €69,162 to €81,994
- Depreciation +€7,001
up €7,001 (+12.6%), from €55,376 to €62,377
- Financial charges +€1,815
up €1,815 (+36.4%), from €4,985 to €6,799
- Taxes +€957
up €957 (+63.3%), from €1,513 to €2,470
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 | €738,928 | €620,226 | -€118,702 | -16.1% |
| Fixed assets | 21/28 | €247,103 | €184,726 | -€62,377 | -25.2% |
| Tangible fixed assets | 22/27 | €247,103 | €184,726 | -€62,377 | -25.2% |
| Land and buildings | 22 | €76,820 | €69,740 | -€7,080 | -9.2% |
| Plant, machinery and equipment | 23 | €130,467 | €94,491 | -€35,976 | -27.6% |
| Furniture and vehicles | 24 | €39,816 | €20,496 | -€19,321 | -48.5% |
| Current assets | 29/58 | €491,825 | €435,499 | -€56,325 | -11.5% |
| Stocks and contracts in progress | 3 | €351,124 | €224,136 | -€126,988 | -36.2% |
| Stocks | 30/36 | €351,124 | €224,136 | -€126,988 | -36.2% |
| Amounts receivable within one year | 40/41 | €116,732 | €186,269 | +€69,537 | +59.6% |
| Trade receivables | 40 | €110,770 | €176,648 | +€65,878 | +59.5% |
| Other amounts receivable | 41 | €5,963 | €9,621 | +€3,658 | +61.4% |
| Cash at bank and in hand | 54/58 | €18,210 | €22,694 | +€4,484 | +24.6% |
| Deferred charges and accrued income | 490/1 | €5,758 | €2,400 | -€3,358 | -58.3% |
| Total equity and liabilities | 10/49 | €738,928 | €620,226 | -€118,702 | -16.1% |
| Equity | 10/15 | €184,248 | €191,307 | +€7,059 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,315 | €39,315 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €37,455 | €37,455 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,853 | €133,392 | +€7,539 | +6.0% |
| Investment grants | 15 | €480 | - | -€480 | |
| Amounts payable | 17/49 | €554,680 | €428,918 | -€125,761 | -22.7% |
| Amounts payable after more than one year | 17 | €122,521 | €82,721 | -€39,800 | -32.5% |
| Financial debts | 170/4 | €122,521 | €82,721 | -€39,800 | -32.5% |
| Amounts payable within one year | 42/48 | €432,159 | €346,197 | -€85,962 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €49,696 | €39,800 | -€9,896 | -19.9% |
| Financial debts | 43 | - | €8,484 | +€8,484 | |
| Credit institutions | 430/8 | - | €8,484 | +€8,484 | |
| Trade debts | 44 | €174,905 | €146,319 | -€28,586 | -16.3% |
| Suppliers | 440/4 | €174,905 | €146,319 | -€28,586 | -16.3% |
| Taxes, remuneration and social security | 45 | €4,500 | €3,422 | -€1,078 | -24.0% |
| Taxes | 450/3 | €4,500 | €3,422 | -€1,078 | -24.0% |
| Other amounts payable | 47/48 | €203,059 | €148,173 | -€54,886 | -27.0% |
| Remuneration, social security and pensions | 62 | €443 | - | -€443 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,376 | €62,377 | +€7,001 | +12.6% |
| Other operating charges | 640/8 | €2,881 | €3,455 | +€573 | +19.9% |
| Gross operating margin | 9900 | €69,162 | €81,994 | +€12,831 | +18.6% |
| Operating profit (loss) | 9901 | €10,462 | €16,162 | +€5,700 | +54.5% |
| Financial income | 75/76B | €538 | €646 | +€108 | +20.1% |
| Recurring financial income | 75 | €538 | €646 | +€108 | +20.1% |
| Financial charges | 65/66B | €4,985 | €6,799 | +€1,815 | +36.4% |
| Recurring financial charges | 65 | €4,985 | €6,799 | +€1,815 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | €6,016 | €10,009 | +€3,993 | +66.4% |
| Income taxes | 67/77 | €1,513 | €2,470 | +€957 | +63.3% |
| Profit (loss) for the period | 9904 | €4,503 | €7,539 | +€3,036 | +67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,503 | €7,539 | +€3,036 | +67.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.