RIVIERA BELLA: 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.
What changed
RIVIERA BELLA
NACE 46.150, Agents in the wholesale of furniture, household goods and hardware
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1,813
2024 · €11,747-€9,934
Equity
€544,473
2024 · €542,660+€1,813
Cash
€8,371
2024 · €31,264-€22,893
Balance sheet total
€1.5m
2024 · €1.2m+€285,024
Largest movements
Assets
- Receivables within one year +€399,326
up €399,326 (+45.5%), from €878,382 to €1.3m
of which Other amounts receivable: +€361,908
- Intangible fixed assets -€75,798
down €75,798 (-91.2%), from €83,108 to €7,310
- Cash -€22,893
down €22,893 (-73.2%), from €31,264 to €8,371
mainly Receivables within one year (-€399,326) and Trade debts (-€3,305)
Equity and liabilities
- Debts after one year +€280,000
up €280,000 (+142%), from €197,230 to €477,230
Income statement
- Gross operating margin -€401,165
down €401,165 (-71.0%), from €565,397 to €164,233
- Provisions -€291,888
down €291,888 (-100%), from €291,888 to €0
- Financial charges -€138,062
down €138,062 (-93.9%), from €146,983 to €8,920
of which Non-recurring financial charges: -€138,449
- Staff costs +€9,393
up €9,393 (+15.2%), from €61,703 to €71,096
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.
Result 2024
€11,747
Gross operating margin
-€401,165
Staff costs
-€9,393
Depreciation
+€1,013
Write-downs
+€462
Provisions
+€291,888
Other operating charges
+€1,804
Other operating items
-€32,833
Financial income
-€130
Financial charges
+€138,062
Taxes
+€359
Result 2025
€1,813
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€340,529
Investment
+€37,636
Financing
+€280,000
Cash 2024
€31,264
From operations (derived)
-€340,529
Net result for the year
+€1,813
Depreciation
+€44,942
Stocks and contracts
+€11,109
Receivables within one year
-€399,326
Deferred charges and accrued income
-€2,279
Trade debts
-€3,305
Tax, wage and social debts
+€1,282
Other debts
+€3,108
Accrued charges and deferred income
+€2,126
Investment (derived)
+€37,636
Investment in fixed assets (net)
+€37,962
Current investments
-€325
Financing
+€280,000
Debts after one year
+€280,000
Cash 2025
€8,371
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,232,377 | €1,517,402 | +€285,024 | +23.1% |
| Fixed assets | 21/28 | €91,847 | €8,944 | -€82,904 | -90.3% |
| Intangible fixed assets | 21 | €83,108 | €7,310 | -€75,798 | -91.2% |
| Tangible fixed assets | 22/27 | €4,640 | €0 | -€4,640 | -100% |
| Furniture and vehicles | 24 | €4,640 | €0 | -€4,640 | -100% |
| Financial fixed assets | 28 | €4,100 | €1,633 | -€2,467 | -60.2% |
| Current assets | 29/58 | €1,140,530 | €1,508,458 | +€367,928 | +32.3% |
| Stocks and contracts in progress | 3 | €198,074 | €186,965 | -€11,109 | -5.6% |
| Stocks | 30/36 | €198,074 | €186,965 | -€11,109 | -5.6% |
| Amounts receivable within one year | 40/41 | €878,382 | €1,277,708 | +€399,326 | +45.5% |
| Trade receivables | 40 | €431,144 | €468,562 | +€37,418 | +8.7% |
| Other amounts receivable | 41 | €447,238 | €809,146 | +€361,908 | +80.9% |
| Current investments | 50/53 | €30,000 | €30,325 | +€325 | +1.1% |
| Cash at bank and in hand | 54/58 | €31,264 | €8,371 | -€22,893 | -73.2% |
| Deferred charges and accrued income | 490/1 | €2,810 | €5,089 | +€2,279 | +81.1% |
| Total equity and liabilities | 10/49 | €1,232,377 | €1,517,402 | +€285,024 | +23.1% |
| Equity | 10/15 | €542,660 | €544,473 | +€1,813 | +0.3% |
| Contributions | 10/11 | €2,700,000 | €2,700,000 | = | 0.0% |
| Capital | 10 | €1,950,000 | €1,950,000 | = | 0.0% |
| Issued capital | 100 | €1,950,000 | €1,950,000 | = | 0.0% |
| Contributions outside capital | 11 | €750,000 | €750,000 | = | 0.0% |
| Share premium | 1100/10 | €750,000 | €750,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,157,340 | -€2,155,527 | +€1,813 | +0.1% |
| Provisions and deferred taxes | 16 | €298,388 | €298,388 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €298,388 | €298,388 | = | 0.0% |
| Other liabilities and charges | 164/5 | €298,388 | €298,388 | = | 0.0% |
| Amounts payable | 17/49 | €391,330 | €674,542 | +€283,211 | +72.4% |
| Amounts payable after more than one year | 17 | €197,230 | €477,230 | +€280,000 | +142% |
| Financial debts | 170/4 | €197,230 | €477,230 | +€280,000 | +142% |
| Amounts payable within one year | 42/48 | €194,018 | €195,103 | +€1,085 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €45,103 | €45,103 | = | 0.0% |
| Trade debts | 44 | €132,603 | €129,298 | -€3,305 | -2.5% |
| Suppliers | 440/4 | €132,603 | €129,298 | -€3,305 | -2.5% |
| Taxes, remuneration and social security | 45 | €16,312 | €17,594 | +€1,282 | +7.9% |
| Taxes | 450/3 | €5,367 | €5,711 | +€344 | +6.4% |
| Remuneration and social security | 454/9 | €10,945 | €11,883 | +€938 | +8.6% |
| Other amounts payable | 47/48 | - | €3,108 | +€3,108 | |
| Accrued charges and deferred income | 492/3 | €83 | €2,209 | +€2,126 | +2,573% |
| Non-recurring operating income | 76A | - | €6,945 | +€6,945 | |
| Remuneration, social security and pensions | 62 | €61,703 | €71,096 | +€9,393 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,955 | €44,942 | -€1,013 | -2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €462 | €0 | -€462 | -100% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €291,888 | €0 | -€291,888 | -100% |
| Other operating charges | 640/8 | €4,405 | €2,601 | -€1,804 | -41.0% |
| Non-recurring operating charges | 66A | €2,367 | €35,200 | +€32,833 | +1,387% |
| Gross operating margin | 9900 | €565,397 | €164,233 | -€401,165 | -71.0% |
| Operating profit (loss) | 9901 | €158,618 | €10,393 | -€148,224 | -93.4% |
| Financial income | 75/76B | €524 | €394 | -€130 | -24.8% |
| Recurring financial income | 75 | €524 | €394 | -€130 | -24.8% |
| Financial charges | 65/66B | €146,983 | €8,920 | -€138,062 | -93.9% |
| Recurring financial charges | 65 | €8,534 | €8,920 | +€387 | +4.5% |
| Non-recurring financial charges | 66B | €138,449 | €0 | -€138,449 | -100% |
| Profit (loss) for the period before taxes | 9903 | €12,160 | €1,867 | -€10,292 | -84.6% |
| Income taxes | 67/77 | €413 | €54 | -€359 | -86.8% |
| Profit (loss) for the period | 9904 | €11,747 | €1,813 | -€9,934 | -84.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,747 | €1,813 | -€9,934 | -84.6% |
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.