RIX: 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.
RIX
Largest movements
- Tangible fixed assets +€44,928
up €44,928 (+170%), from €26,376 to €71,303
of which Furniture and vehicles: +€45,771
- Cash +€17,784
up €17,784 (+510%), from €3,486 to €21,270
mainly Debts after one year (+€63,199) and Trade debts (+€17,803)
- Receivables within one year +€9,167
up €9,167 (+465%), from €1,971 to €11,138
of which Other amounts receivable: +€10,307
- Debts after one year +€63,199
up €63,199 (+371%), from €17,022 to €80,221
- Trade debts +€17,803
up €17,803 (+5,573%), from €319 to €18,123
- Profit (loss) carried forward -€9,124
down €9,124 (-43.7%), from -€20,880 to -€30,004
- Gross operating margin -€28,905
down €28,905 (-92.8%), from €31,153 to €2,248
- Depreciation -€10,412
down €10,412 (-87.1%), from €11,949 to €1,536
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 | €31,852 | €103,731 | +€71,878 | +226% |
| Fixed assets | 21/28 | €26,395 | €71,323 | +€44,928 | +170% |
| Tangible fixed assets | 22/27 | €26,376 | €71,303 | +€44,928 | +170% |
| Plant, machinery and equipment | 23 | €844 | - | -€844 | |
| Furniture and vehicles | 24 | €25,532 | €71,303 | +€45,771 | +179% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €5,457 | €32,408 | +€26,951 | +494% |
| Amounts receivable within one year | 40/41 | €1,971 | €11,138 | +€9,167 | +465% |
| Trade receivables | 40 | €1,432 | €292 | -€1,140 | -79.6% |
| Other amounts receivable | 41 | €539 | €10,846 | +€10,307 | +1,911% |
| Cash at bank and in hand | 54/58 | €3,486 | €21,270 | +€17,784 | +510% |
| Total equity and liabilities | 10/49 | €31,852 | €103,731 | +€71,878 | +226% |
| Equity | 10/15 | €14,511 | €5,387 | -€9,124 | -62.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,791 | €16,791 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €5,931 | €7,791 | +€1,860 | +31.4% |
| Profit (loss) carried forward | 14 | -€20,880 | -€30,004 | -€9,124 | -43.7% |
| Amounts payable | 17/49 | €17,342 | €98,344 | +€81,002 | +467% |
| Amounts payable after more than one year | 17 | €17,022 | €80,221 | +€63,199 | +371% |
| Financial debts | 170/4 | €17,022 | €80,221 | +€63,199 | +371% |
| Amounts payable within one year | 42/48 | €319 | €18,123 | +€17,803 | +5,573% |
| Trade debts | 44 | €319 | €18,123 | +€17,803 | +5,573% |
| Suppliers | 440/4 | €319 | €18,123 | +€17,803 | +5,573% |
| Non-recurring operating income | 76A | - | €6,503 | +€6,503 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,949 | €1,536 | -€10,412 | -87.1% |
| Other operating charges | 640/8 | €978 | €853 | -€125 | -12.8% |
| Non-recurring operating charges | 66A | - | €8,897 | +€8,897 | |
| Gross operating margin | 9900 | €31,153 | €2,248 | -€28,905 | -92.8% |
| Operating profit (loss) | 9901 | €18,226 | -€9,038 | -€27,265 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €74 | €88 | +€15 | +19.8% |
| Recurring financial charges | 65 | €74 | €88 | +€15 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | €18,153 | -€9,124 | -€27,276 | |
| Profit (loss) for the period | 9904 | €18,153 | -€9,124 | -€27,276 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,153 | -€9,124 | -€27,276 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.