Rivka: 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.
Rivka
Largest movements
- Stocks and contracts -€28,029
down €28,029 (-87.0%), from €32,225 to €4,196
- Tangible fixed assets -€25,526
down €25,526 (-10.6%), from €239,701 to €214,174
of which Land and buildings: -€19,786
- Cash +€16,777
up €16,777 (+87.7%), from €19,121 to €35,898
mainly Stocks and contracts (+€28,029) and Depreciation (+€25,526)
- Receivables within one year -€6,159
down €6,159 (-45.2%), from €13,639 to €7,481
- Debts after one year -€22,638
down €22,638 (-100%), from €22,638 to €0
- Tax, wage and social debts -€14,103
down €14,103 (-77.7%), from €18,145 to €4,042
- Other debts -€13,027
down €13,027 (-53.6%), from €24,324 to €11,297
- Trade debts +€5,782
up €5,782 (+164%), from €3,533 to €9,315
- Current portion of long-term debt -€3,221
down €3,221 (-12.5%), from €25,859 to €22,638
- Gross operating margin -€13,392
down €13,392 (-23.3%), from €57,537 to €44,145
- Write-downs +€7,793
new in 2025: €7,793
- Taxes -€5,573
down €5,573 (-86.8%), from €6,424 to €851
- Financial charges -€963
down €963 (-15.2%), from €6,318 to €5,356
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 | €321,118 | €274,155 | -€46,962 | -14.6% |
| Fixed assets | 21/28 | €241,651 | €214,174 | -€27,476 | -11.4% |
| Tangible fixed assets | 22/27 | €239,701 | €214,174 | -€25,526 | -10.6% |
| Land and buildings | 22 | €212,151 | €192,365 | -€19,786 | -9.3% |
| Plant, machinery and equipment | 23 | €24,084 | €19,834 | -€4,251 | -17.6% |
| Furniture and vehicles | 24 | €3,466 | €1,976 | -€1,490 | -43.0% |
| Financial fixed assets | 28 | €1,950 | €0 | -€1,950 | -100% |
| Current assets | 29/58 | €79,467 | €59,981 | -€19,486 | -24.5% |
| Stocks and contracts in progress | 3 | €32,225 | €4,196 | -€28,029 | -87.0% |
| Stocks | 30/36 | €32,225 | €4,196 | -€28,029 | -87.0% |
| Amounts receivable within one year | 40/41 | €13,639 | €7,481 | -€6,159 | -45.2% |
| Trade receivables | 40 | €13,639 | €7,481 | -€6,159 | -45.2% |
| Cash at bank and in hand | 54/58 | €19,121 | €35,898 | +€16,777 | +87.7% |
| Deferred charges and accrued income | 490/1 | €14,482 | €12,406 | -€2,076 | -14.3% |
| Total equity and liabilities | 10/49 | €321,118 | €274,155 | -€46,962 | -14.6% |
| Equity | 10/15 | €226,619 | €226,863 | +€244 | +0.1% |
| Contributions | 10/11 | €76,200 | €76,200 | = | 0.0% |
| Reserves | 13 | €123,780 | €123,780 | = | 0.0% |
| Distributable reserves | 133 | €123,780 | €123,780 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,639 | €26,883 | +€244 | +0.9% |
| Amounts payable | 17/49 | €94,499 | €47,292 | -€47,207 | -50.0% |
| Amounts payable after more than one year | 17 | €22,638 | €0 | -€22,638 | -100% |
| Financial debts | 170/4 | €22,638 | €0 | -€22,638 | -100% |
| Amounts payable within one year | 42/48 | €71,861 | €47,292 | -€24,569 | -34.2% |
| Current portion of amounts payable after more than one year | 42 | €25,859 | €22,638 | -€3,221 | -12.5% |
| Trade debts | 44 | €3,533 | €9,315 | +€5,782 | +164% |
| Suppliers | 440/4 | €3,533 | €9,315 | +€5,782 | +164% |
| Taxes, remuneration and social security | 45 | €18,145 | €4,042 | -€14,103 | -77.7% |
| Taxes | 450/3 | €18,145 | €4,042 | -€14,103 | -77.7% |
| Other amounts payable | 47/48 | €24,324 | €11,297 | -€13,027 | -53.6% |
| Non-recurring operating income | 76A | €8,395 | - | -€8,395 | |
| Remuneration, social security and pensions | 62 | €461 | - | -€461 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,431 | €25,526 | +€95 | +0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,793 | +€7,793 | |
| Other operating charges | 640/8 | €4,295 | €4,455 | +€160 | +3.7% |
| Gross operating margin | 9900 | €57,537 | €44,145 | -€13,392 | -23.3% |
| Operating profit (loss) | 9901 | €27,351 | €6,371 | -€20,980 | -76.7% |
| Financial income | 75/76B | €651 | €80 | -€571 | -87.7% |
| Recurring financial income | 75 | €651 | €80 | -€571 | -87.7% |
| Financial charges | 65/66B | €6,318 | €5,356 | -€963 | -15.2% |
| Recurring financial charges | 65 | €6,318 | €5,356 | -€963 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €21,683 | €1,095 | -€20,589 | -95.0% |
| Income taxes | 67/77 | €6,424 | €851 | -€5,573 | -86.8% |
| Profit (loss) for the period | 9904 | €15,260 | €244 | -€15,015 | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,260 | €244 | -€15,015 | -98.4% |
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 13 October 2026 via checked.be.