RIXHON J.: 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.
RIXHON J.
Largest movements
- Cash +€37,772
up €37,772 (+116.4%), from €32,450 to €70,221
mainly Depreciation (+€36,397) and Net result for the year (+€27,937)
- Deferred charges and accrued income -€24,170
down €24,170 (-90.6%), from €26,670 to €2,500
- Receivables within one year +€17,781
up €17,781 (+11.8%), from €150,690 to €168,471
of which Trade receivables: +€9,541
- Tangible fixed assets -€12,208
down €12,208 (-3.0%), from €407,670 to €395,461
of which Land and buildings: -€15,637
- Other debts +€19,516
up €19,516 (+58.9%), from €33,138 to €52,655
- Current portion of long-term debt -€8,543
no longer reported in 2025 (was €8,543)
- Gross operating margin -€21,960
down €21,960 (-22.3%), from €98,464 to €76,504
- Taxes -€3,944
down €3,944 (-21.4%), from €18,467 to €14,524
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 | €667,894 | €686,849 | +€18,956 | +2.8% |
| Formation expenses | 20 | €868 | €650 | -€219 | -25.2% |
| Fixed assets | 21/28 | €457,216 | €445,007 | -€12,208 | -2.7% |
| Tangible fixed assets | 22/27 | €407,670 | €395,461 | -€12,208 | -3.0% |
| Land and buildings | 22 | €367,248 | €351,611 | -€15,637 | -4.3% |
| Plant, machinery and equipment | 23 | €25,542 | €37,376 | +€11,834 | +46.3% |
| Furniture and vehicles | 24 | €14,880 | €6,474 | -€8,406 | -56.5% |
| Financial fixed assets | 28 | €49,546 | €49,546 | = | 0.0% |
| Current assets | 29/58 | €209,810 | €241,192 | +€31,382 | +15.0% |
| Amounts receivable within one year | 40/41 | €150,690 | €168,471 | +€17,781 | +11.8% |
| Trade receivables | 40 | €5,000 | €14,541 | +€9,541 | +190.8% |
| Other amounts receivable | 41 | €145,690 | €153,930 | +€8,240 | +5.7% |
| Cash at bank and in hand | 54/58 | €32,450 | €70,221 | +€37,772 | +116.4% |
| Deferred charges and accrued income | 490/1 | €26,670 | €2,500 | -€24,170 | -90.6% |
| Total equity and liabilities | 10/49 | €667,894 | €686,849 | +€18,956 | +2.8% |
| Equity | 10/15 | €589,444 | €595,382 | +€5,937 | +1.0% |
| Contributions | 10/11 | €260,000 | €260,000 | = | 0.0% |
| Reserves | 13 | €283,644 | €289,144 | +€5,500 | +1.9% |
| Distributable reserves | 133 | €283,644 | €289,144 | +€5,500 | +1.9% |
| Profit (loss) carried forward | 14 | €45,801 | €46,238 | +€437 | +1.0% |
| Amounts payable | 17/49 | €78,449 | €91,468 | +€13,018 | +16.6% |
| Amounts payable within one year | 42/48 | €75,071 | €88,124 | +€13,053 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €8,543 | - | -€8,543 | |
| Financial debts | 43 | €12,270 | €12,270 | = | 0.0% |
| Credit institutions | 430/8 | €12,270 | €12,270 | = | 0.0% |
| Trade debts | 44 | €7,811 | €4,650 | -€3,160 | -40.5% |
| Suppliers | 440/4 | €7,811 | €4,650 | -€3,160 | -40.5% |
| Taxes, remuneration and social security | 45 | €13,309 | €18,549 | +€5,239 | +39.4% |
| Taxes | 450/3 | €13,309 | €18,549 | +€5,239 | +39.4% |
| Other amounts payable | 47/48 | €33,138 | €52,655 | +€19,516 | +58.9% |
| Accrued charges and deferred income | 492/3 | €3,378 | €3,344 | -€34 | -1.0% |
| Remuneration, social security and pensions | 62 | €3,747 | €3,743 | -€4 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,909 | €36,397 | +€488 | +1.4% |
| Other operating charges | 640/8 | €2,068 | €2,133 | +€65 | +3.1% |
| Gross operating margin | 9900 | €98,464 | €76,504 | -€21,960 | -22.3% |
| Operating profit (loss) | 9901 | €56,740 | €34,231 | -€22,509 | -39.7% |
| Financial income | 75/76B | €10,296 | €9,554 | -€742 | -7.2% |
| Recurring financial income | 75 | €9,954 | €9,554 | -€400 | -4.0% |
| Non-recurring financial income | 76B | €342 | - | -€342 | |
| Financial charges | 65/66B | €1,153 | €1,324 | +€171 | +14.8% |
| Recurring financial charges | 65 | €1,084 | €1,260 | +€176 | +16.3% |
| Non-recurring financial charges | 66B | €69 | €63 | -€6 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €65,883 | €42,461 | -€23,422 | -35.6% |
| Income taxes | 67/77 | €18,467 | €14,524 | -€3,944 | -21.4% |
| Profit (loss) for the period | 9904 | €47,416 | €27,937 | -€19,479 | -41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,416 | €27,937 | -€19,479 | -41.1% |
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 2 October 2026 via checked.be.