Riviera: 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.
Riviera
Largest movements
- Tangible fixed assets -€18,559
down €18,559 (-8.0%), from €232,046 to €213,487
of which Plant, machinery and equipment: -€18,559
- Cash +€11,284
up €11,284 (+19.2%), from €58,860 to €70,144
mainly Depreciation (+€18,559) and Net result for the year (+€1,706)
- Debts after one year -€6,951
down €6,951 (-6.0%), from €116,348 to €109,397
- Gross operating margin +€1,072
up €1,072 (+4.0%), from €26,745 to €27,817
- Other operating charges +€955
up €955 (+23.8%), from €4,005 to €4,959
- Taxes +€434
up €434 (+151.6%), from €286 to €720
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 | €291,333 | €286,923 | -€4,410 | -1.5% |
| Fixed assets | 21/28 | €232,046 | €213,487 | -€18,559 | -8.0% |
| Tangible fixed assets | 22/27 | €232,046 | €213,487 | -€18,559 | -8.0% |
| Land and buildings | 22 | €25,431 | €25,431 | = | 0.0% |
| Plant, machinery and equipment | 23 | €206,615 | €188,056 | -€18,559 | -9.0% |
| Current assets | 29/58 | €59,287 | €73,436 | +€14,149 | +23.9% |
| Amounts receivable within one year | 40/41 | €427 | €3,292 | +€2,865 | +670.7% |
| Trade receivables | 40 | €427 | €3,292 | +€2,865 | +670.7% |
| Cash at bank and in hand | 54/58 | €58,860 | €70,144 | +€11,284 | +19.2% |
| Total equity and liabilities | 10/49 | €291,333 | €286,923 | -€4,410 | -1.5% |
| Equity | 10/15 | €155,958 | €157,664 | +€1,706 | +1.1% |
| Contributions | 10/11 | €114,031 | €114,031 | = | 0.0% |
| Capital | 10 | €114,031 | €114,031 | = | 0.0% |
| Issued capital | 100 | €114,031 | €114,031 | = | 0.0% |
| Reserves | 13 | €11,403 | €11,403 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,403 | €11,403 | = | 0.0% |
| Legal reserve | 130 | €11,403 | €11,403 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,524 | €32,230 | +€1,706 | +5.6% |
| Amounts payable | 17/49 | €135,375 | €129,259 | -€6,116 | -4.5% |
| Amounts payable after more than one year | 17 | €116,348 | €109,397 | -€6,951 | -6.0% |
| Financial debts | 170/4 | €116,348 | €109,397 | -€6,951 | -6.0% |
| Amounts payable within one year | 42/48 | €16,098 | €16,706 | +€608 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €6,842 | €6,952 | +€111 | +1.6% |
| Financial debts | 43 | €5 | €0 | -€5 | -100.0% |
| Credit institutions | 430/8 | €5 | €0 | -€5 | -100.0% |
| Trade debts | 44 | €124 | €200 | +€76 | +60.8% |
| Suppliers | 440/4 | €124 | €200 | +€76 | +60.8% |
| Taxes, remuneration and social security | 45 | €284 | €680 | +€396 | +139.6% |
| Taxes | 450/3 | €284 | €680 | +€396 | +139.6% |
| Other amounts payable | 47/48 | €8,843 | €8,874 | +€31 | +0.3% |
| Accrued charges and deferred income | 492/3 | €2,929 | €3,156 | +€227 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,559 | €18,559 | = | 0.0% |
| Other operating charges | 640/8 | €4,005 | €4,959 | +€955 | +23.8% |
| Gross operating margin | 9900 | €26,745 | €27,817 | +€1,072 | +4.0% |
| Operating profit (loss) | 9901 | €4,181 | €4,298 | +€117 | +2.8% |
| Financial income | 75/76B | €7 | €131 | +€124 | +1779.9% |
| Recurring financial income | 75 | €7 | €131 | +€124 | +1779.9% |
| Financial charges | 65/66B | €2,172 | €2,003 | -€169 | -7.8% |
| Recurring financial charges | 65 | €2,172 | €2,003 | -€169 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €2,016 | €2,426 | +€410 | +20.3% |
| Income taxes | 67/77 | €286 | €720 | +€434 | +151.6% |
| Profit (loss) for the period | 9904 | €1,730 | €1,706 | -€24 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,730 | €1,706 | -€24 | -1.4% |
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 3 October 2026 via checked.be.