RIVOLI: 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.
RIVOLI
Largest movements
- Cash -€33,645
down €33,645 (-17.8%), from €189,255 to €155,610
mainly Contributions, distributions and other (-€39,000) and Net result for the year (-€11,359)
- Receivables within one year -€8,537
down €8,537 (-29.5%), from €28,960 to €20,423
of which Other amounts receivable: -€14,209
- Profit (loss) carried forward -€50,359
down €50,359 (-34.8%), from €144,604 to €94,245
- Tax, wage and social debts +€9,200
up €9,200 (+368.0%), from €2,500 to €11,700
- Purchases and services -€63,630
no longer reported in 2025 (was €63,630)
- Turnover -€18,313
down €18,313 (-37.0%), from €49,430 to €31,117
- Gross operating margin +€4,796
up €4,796 (+33.8%), from -€14,198 to -€9,402
- Financial income -€2,069
down €2,069 (-64.2%), from €3,222 to €1,153
- Other operating charges -€1,198
down €1,198 (-48.5%), from €2,469 to €1,271
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 | €218,517 | €176,032 | -€42,485 | -19.4% |
| Fixed assets | 21/28 | €302 | €0 | -€302 | -100.0% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €302 | €0 | -€302 | -100.0% |
| Furniture and vehicles | 24 | €302 | €0 | -€302 | -100.0% |
| Current assets | 29/58 | €218,215 | €176,032 | -€42,183 | -19.3% |
| Amounts receivable within one year | 40/41 | €28,960 | €20,423 | -€8,537 | -29.5% |
| Trade receivables | 40 | €3,178 | €8,850 | +€5,672 | +178.5% |
| Other amounts receivable | 41 | €25,782 | €11,573 | -€14,209 | -55.1% |
| Cash at bank and in hand | 54/58 | €189,255 | €155,610 | -€33,645 | -17.8% |
| Total equity and liabilities | 10/49 | €218,517 | €176,032 | -€42,485 | -19.4% |
| Equity | 10/15 | €212,804 | €162,445 | -€50,359 | -23.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,604 | €94,245 | -€50,359 | -34.8% |
| Amounts payable | 17/49 | €5,713 | €13,587 | +€7,874 | +137.8% |
| Amounts payable within one year | 42/48 | €5,713 | €13,587 | +€7,874 | +137.8% |
| Current portion of amounts payable after more than one year | 42 | €57 | €57 | +€0 | +0.8% |
| Trade debts | 44 | €3,156 | €1,830 | -€1,326 | -42.0% |
| Suppliers | 440/4 | €3,156 | €1,830 | -€1,326 | -42.0% |
| Taxes, remuneration and social security | 45 | €2,500 | €11,700 | +€9,200 | +368.0% |
| Taxes | 450/3 | €2,500 | €11,700 | +€9,200 | +368.0% |
| Turnover | 70 | €49,430 | €31,117 | -€18,313 | -37.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €63,630 | - | -€63,630 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €704 | €302 | -€402 | -57.1% |
| Other operating charges | 640/8 | €2,469 | €1,271 | -€1,198 | -48.5% |
| Non-recurring operating charges | 66A | €988 | €963 | -€25 | -2.5% |
| Gross operating margin | 9900 | -€14,198 | -€9,402 | +€4,796 | +33.8% |
| Operating profit (loss) | 9901 | -€18,359 | -€11,938 | +€6,421 | +35.0% |
| Financial income | 75/76B | €3,222 | €1,153 | -€2,069 | -64.2% |
| Recurring financial income | 75 | €3,222 | €1,153 | -€2,069 | -64.2% |
| Financial charges | 65/66B | €460 | €458 | -€2 | -0.5% |
| Recurring financial charges | 65 | €460 | €458 | -€2 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,597 | -€11,243 | +€4,354 | +27.9% |
| Income taxes | 67/77 | - | €116 | +€116 | |
| Profit (loss) for the period | 9904 | -€15,597 | -€11,359 | +€4,238 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,597 | -€11,359 | +€4,238 | +27.2% |
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 30 September 2026 via checked.be.