RORIVE Judith: 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.
RORIVE Judith
Largest movements
- Receivables within one year +€18,721
up €18,721 (+27.0%), from €69,311 to €88,033
of which Other amounts receivable: +€19,074
- Deferred charges and accrued income +€12,307
up €12,307 (+4247.9%), from €290 to €12,596
- Tangible fixed assets -€6,709
down €6,709 (-40.7%), from €16,469 to €9,760
of which Land and buildings: -€14,662
- Cash -€2,913
down €2,913 (-6.6%), from €43,957 to €41,044
- Reserves +€22,344
up €22,344 (+39.3%), from €56,860 to €79,204
- Tax, wage and social debts +€8,324
up €8,324 (+5441.8%), from €153 to €8,477
- Debts after one year -€7,267
no longer reported in 2025 (was €7,267)
- Current portion of long-term debt -€4,937
down €4,937 (-90.3%), from €5,468 to €531
- Profit (loss) carried forward +€1,567
up €1,567 (+3.4%), from €46,724 to €48,291
- Gross operating margin +€8,958
up €8,958, from -€2,135 to €6,823
- Taxes -€8,337
down €8,337 (-85.7%), from €9,732 to €1,395
- Other operating charges -€2,738
down €2,738 (-87.5%), from €3,130 to €392
- Depreciation -€1,328
down €1,328 (-26.4%), from €5,037 to €3,709
- Financial charges -€724
down €724 (-73.0%), from €991 to €267
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,027 | €151,433 | +€21,407 | +16.5% |
| Fixed assets | 21/28 | €16,469 | €9,760 | -€6,709 | -40.7% |
| Tangible fixed assets | 22/27 | €16,469 | €9,760 | -€6,709 | -40.7% |
| Land and buildings | 22 | €14,662 | - | -€14,662 | |
| Furniture and vehicles | 24 | €1,807 | €292 | -€1,514 | -83.8% |
| Other tangible fixed assets | 26 | - | €9,467 | +€9,467 | |
| Current assets | 29/58 | €113,558 | €141,673 | +€28,115 | +24.8% |
| Amounts receivable within one year | 40/41 | €69,311 | €88,033 | +€18,721 | +27.0% |
| Trade receivables | 40 | €353 | - | -€353 | |
| Other amounts receivable | 41 | €68,959 | €88,033 | +€19,074 | +27.7% |
| Cash at bank and in hand | 54/58 | €43,957 | €41,044 | -€2,913 | -6.6% |
| Deferred charges and accrued income | 490/1 | €290 | €12,596 | +€12,307 | +4247.9% |
| Total equity and liabilities | 10/49 | €130,027 | €151,433 | +€21,407 | +16.5% |
| Equity | 10/15 | €115,984 | €139,895 | +€23,911 | +20.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €56,860 | €79,204 | +€22,344 | +39.3% |
| Distributable reserves | 133 | €56,860 | €79,204 | +€22,344 | +39.3% |
| Profit (loss) carried forward | 14 | €46,724 | €48,291 | +€1,567 | +3.4% |
| Amounts payable | 17/49 | €14,042 | €11,538 | -€2,504 | -17.8% |
| Amounts payable after more than one year | 17 | €7,267 | - | -€7,267 | |
| Financial debts | 170/4 | €7,267 | - | -€7,267 | |
| Amounts payable within one year | 42/48 | €6,775 | €11,538 | +€4,763 | +70.3% |
| Current portion of amounts payable after more than one year | 42 | €5,468 | €531 | -€4,937 | -90.3% |
| Trade debts | 44 | €1,154 | €2,530 | +€1,376 | +119.2% |
| Suppliers | 440/4 | €1,154 | €2,530 | +€1,376 | +119.2% |
| Taxes, remuneration and social security | 45 | €153 | €8,477 | +€8,324 | +5441.8% |
| Taxes | 450/3 | €153 | €8,477 | +€8,324 | +5441.8% |
| Remuneration, social security and pensions | 62 | €124 | - | -€124 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,037 | €3,709 | -€1,328 | -26.4% |
| Other operating charges | 640/8 | €3,130 | €392 | -€2,738 | -87.5% |
| Gross operating margin | 9900 | -€2,135 | €6,823 | +€8,958 | |
| Operating profit (loss) | 9901 | -€10,426 | €2,722 | +€13,148 | |
| Financial income | 75/76B | €0 | €508 | +€507 | +634337.5% |
| Recurring financial income | 75 | €0 | €508 | +€507 | +634337.5% |
| Financial charges | 65/66B | €991 | €267 | -€724 | -73.0% |
| Recurring financial charges | 65 | €991 | €267 | -€724 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,417 | €2,962 | +€14,379 | |
| Income taxes | 67/77 | €9,732 | €1,395 | -€8,337 | -85.7% |
| Profit (loss) for the period | 9904 | -€21,149 | €1,567 | +€22,716 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,149 | €1,567 | +€22,716 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 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.