RIZÔM: 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.
RIZÔM
Largest movements
- Cash +€28,782
up €28,782 (+48.2%), from €59,716 to €88,498
mainly Receivables within one year (+€19,768) and Depreciation (+€14,245)
- Receivables within one year -€19,768
down €19,768 (-18.0%), from €109,954 to €90,186
of which Trade receivables: -€23,570
- Tangible fixed assets -€13,195
down €13,195 (-41.6%), from €31,740 to €18,545
of which Furniture and vehicles: -€12,725
- Reserves +€8,500
up €8,500 (+6.9%), from €122,855 to €131,355
- Trade debts -€7,835
down €7,835 (-29.8%), from €26,281 to €18,446
- Tax, wage and social debts -€6,988
down €6,988 (-35.1%), from €19,905 to €12,917
- Other debts +€3,370
up €3,370 (+230.3%), from €1,463 to €4,833
- Current portion of long-term debt -€2,539
no longer reported in 2025 (was €2,539)
- Gross operating margin -€13,305
down €13,305 (-30.4%), from €43,771 to €30,465
- Taxes -€3,288
down €3,288 (-38.7%), from €8,485 to €5,197
- Depreciation -€787
down €787 (-5.2%), from €15,032 to €14,245
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 | €203,672 | €199,729 | -€3,943 | -1.9% |
| Fixed assets | 21/28 | €31,920 | €18,725 | -€13,195 | -41.3% |
| Tangible fixed assets | 22/27 | €31,740 | €18,545 | -€13,195 | -41.6% |
| Plant, machinery and equipment | 23 | €1,011 | €541 | -€470 | -46.5% |
| Furniture and vehicles | 24 | €30,729 | €18,004 | -€12,725 | -41.4% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €171,752 | €181,004 | +€9,252 | +5.4% |
| Amounts receivable within one year | 40/41 | €109,954 | €90,186 | -€19,768 | -18.0% |
| Trade receivables | 40 | €108,439 | €84,869 | -€23,570 | -21.7% |
| Other amounts receivable | 41 | €1,515 | €5,317 | +€3,803 | +251.0% |
| Cash at bank and in hand | 54/58 | €59,716 | €88,498 | +€28,782 | +48.2% |
| Deferred charges and accrued income | 490/1 | €2,082 | €2,320 | +€238 | +11.4% |
| Total equity and liabilities | 10/49 | €203,672 | €199,729 | -€3,943 | -1.9% |
| Equity | 10/15 | €153,484 | €163,533 | +€10,049 | +6.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €122,855 | €131,355 | +€8,500 | +6.9% |
| Distributable reserves | 133 | €122,855 | €131,355 | +€8,500 | +6.9% |
| Profit (loss) carried forward | 14 | €18,229 | €19,778 | +€1,549 | +8.5% |
| Amounts payable | 17/49 | €50,188 | €36,196 | -€13,992 | -27.9% |
| Amounts payable within one year | 42/48 | €50,188 | €36,196 | -€13,992 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €2,539 | - | -€2,539 | |
| Trade debts | 44 | €26,281 | €18,446 | -€7,835 | -29.8% |
| Suppliers | 440/4 | €26,281 | €18,446 | -€7,835 | -29.8% |
| Taxes, remuneration and social security | 45 | €19,905 | €12,917 | -€6,988 | -35.1% |
| Taxes | 450/3 | €19,905 | €12,917 | -€6,988 | -35.1% |
| Other amounts payable | 47/48 | €1,463 | €4,833 | +€3,370 | +230.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,032 | €14,245 | -€787 | -5.2% |
| Other operating charges | 640/8 | €1,082 | €849 | -€233 | -21.5% |
| Gross operating margin | 9900 | €43,771 | €30,465 | -€13,305 | -30.4% |
| Operating profit (loss) | 9901 | €27,657 | €15,371 | -€12,286 | -44.4% |
| Financial charges | 65/66B | €206 | €124 | -€82 | -39.7% |
| Recurring financial charges | 65 | €206 | €124 | -€82 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €27,451 | €15,247 | -€12,204 | -44.5% |
| Income taxes | 67/77 | €8,485 | €5,197 | -€3,288 | -38.7% |
| Profit (loss) for the period | 9904 | €18,965 | €10,049 | -€8,916 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,965 | €10,049 | -€8,916 | -47.0% |
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 9 October 2026 via checked.be.