RIVEZ HENRI: what changed
RIVEZ HENRI
Largest movements
- Tangible fixed assets -€40,386
down €40,386 (-49.4%), from €81,772 to €41,386
of which Furniture and vehicles: -€40,190
- Cash +€22,006
up €22,006 (+20.5%), from €107,360 to €129,366
mainly Investment in fixed assets (net) (+€27,969) and Depreciation (+€12,417)
- Profit (loss) carried forward -€9,850
down €9,850 (-18.3%), from €53,679 to €43,829
- Current portion of long-term debt -€9,446
down €9,446 (-40.8%), from €23,166 to €13,720
- Trade debts +€3,262
up €3,262 (+23.4%), from €13,929 to €17,191
- Tax, wage and social debts -€2,346
down €2,346 (-18.7%), from €12,521 to €10,175
of which Taxes: -€9,968
- Staff costs +€28,902
up €28,902 (+422%), from €6,852 to €35,754
- Gross operating margin -€24,141
down €24,141 (-25.5%), from €94,741 to €70,600
- Taxes -€13,098
down €13,098 (-80.5%), from €16,280 to €3,182
- Other operating charges -€6,836
down €6,836 (-19.6%), from €34,805 to €27,969
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €189,132 | €170,752 | -€18,380 | -9.7% |
| Fixed assets | 21/28 | €81,772 | €41,386 | -€40,386 | -49.4% |
| Tangible fixed assets | 22/27 | €81,772 | €41,386 | -€40,386 | -49.4% |
| Plant, machinery and equipment | 23 | €932 | €736 | -€196 | -21.1% |
| Furniture and vehicles | 24 | €80,840 | €40,651 | -€40,190 | -49.7% |
| Current assets | 29/58 | €107,360 | €129,366 | +€22,006 | +20.5% |
| Cash at bank and in hand | 54/58 | €107,360 | €129,366 | +€22,006 | +20.5% |
| Total equity and liabilities | 10/49 | €189,132 | €170,752 | -€18,380 | -9.7% |
| Equity | 10/15 | €138,739 | €128,889 | -€9,850 | -7.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €78,860 | €78,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €77,000 | €77,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,679 | €43,829 | -€9,850 | -18.3% |
| Amounts payable | 17/49 | €50,394 | €41,864 | -€8,530 | -16.9% |
| Amounts payable within one year | 42/48 | €50,394 | €41,864 | -€8,530 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €23,166 | €13,720 | -€9,446 | -40.8% |
| Trade debts | 44 | €13,929 | €17,191 | +€3,262 | +23.4% |
| Suppliers | 440/4 | €13,929 | €17,191 | +€3,262 | +23.4% |
| Taxes, remuneration and social security | 45 | €12,521 | €10,175 | -€2,346 | -18.7% |
| Taxes | 450/3 | €12,458 | €2,490 | -€9,968 | -80.0% |
| Remuneration and social security | 454/9 | €63 | €7,685 | +€7,622 | +12,089% |
| Other amounts payable | 47/48 | €778 | €778 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €6,852 | €35,754 | +€28,902 | +422% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,274 | €12,417 | +€144 | +1.2% |
| Other operating charges | 640/8 | €34,805 | €27,969 | -€6,836 | -19.6% |
| Gross operating margin | 9900 | €94,741 | €70,600 | -€24,141 | -25.5% |
| Operating profit (loss) | 9901 | €40,810 | -€5,540 | -€46,350 | |
| Financial charges | 65/66B | €699 | €1,128 | +€429 | +61.3% |
| Recurring financial charges | 65 | €699 | €1,128 | +€429 | +61.3% |
| Profit (loss) for the period before taxes | 9903 | €40,111 | -€6,668 | -€46,779 | |
| Income taxes | 67/77 | €16,280 | €3,182 | -€13,098 | -80.5% |
| Profit (loss) for the period | 9904 | €23,831 | -€9,850 | -€33,681 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,831 | -€9,850 | -€33,681 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.