't RIET: 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.
't RIET
Largest movements
- Tangible fixed assets -€38,129
down €38,129 (-11.4%), from €334,429 to €296,299
of which Land and buildings: -€23,466
- Tax, wage and social debts +€48,858
up €48,858 (+25.1%), from €194,486 to €243,344
of which Remuneration and social security: +€45,768
- Trade debts -€40,012
down €40,012 (-47.7%), from €83,808 to €43,797
- Short-term financial debts -€25,046
no longer reported in 2025 (was €25,046)
- Advances received -€15,492
no longer reported in 2025 (was €15,492)
- Gross operating margin +€82,262
up €82,262 (+18.7%), from €440,332 to €522,594
- Staff costs +€59,496
up €59,496 (+17.2%), from €345,869 to €405,365
- Other operating charges +€33,610
up €33,610 (+906.2%), from €3,709 to €37,319
- Financial charges -€17,633
down €17,633 (-52.6%), from €33,550 to €15,917
- Depreciation +€9,826
up €9,826 (+17.7%), from €55,553 to €65,379
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 | €831,742 | €794,436 | -€37,306 | -4.5% |
| Fixed assets | 21/28 | €338,850 | €300,720 | -€38,129 | -11.3% |
| Intangible fixed assets | 21 | €4,226 | €4,226 | = | 0.0% |
| Tangible fixed assets | 22/27 | €334,429 | €296,299 | -€38,129 | -11.4% |
| Land and buildings | 22 | €257,369 | €233,903 | -€23,466 | -9.1% |
| Plant, machinery and equipment | 23 | €42,075 | €37,723 | -€4,351 | -10.3% |
| Furniture and vehicles | 24 | €34,985 | €24,673 | -€10,312 | -29.5% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €492,892 | €493,716 | +€823 | +0.2% |
| Amounts receivable after more than one year | 29 | €355,000 | €355,000 | = | 0.0% |
| Trade receivables | 290 | €355,000 | €355,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €11,769 | €17,452 | +€5,683 | +48.3% |
| Stocks | 30/36 | €11,769 | €17,452 | +€5,683 | +48.3% |
| Amounts receivable within one year | 40/41 | €83,678 | €85,758 | +€2,080 | +2.5% |
| Trade receivables | 40 | €29,349 | €16,579 | -€12,770 | -43.5% |
| Other amounts receivable | 41 | €54,329 | €69,179 | +€14,850 | +27.3% |
| Cash at bank and in hand | 54/58 | €42,445 | €35,506 | -€6,939 | -16.3% |
| Total equity and liabilities | 10/49 | €831,742 | €794,436 | -€37,306 | -4.5% |
| Equity | 10/15 | €512,910 | €507,295 | -€5,615 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €494,310 | €488,695 | -€5,615 | -1.1% |
| Non-distributable reserves | 130/1 | €12,810 | €12,810 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,810 | €12,810 | = | 0.0% |
| Distributable reserves | 133 | €481,500 | €475,885 | -€5,615 | -1.2% |
| Amounts payable | 17/49 | €318,832 | €287,141 | -€31,691 | -9.9% |
| Amounts payable within one year | 42/48 | €318,832 | €287,141 | -€31,691 | -9.9% |
| Financial debts | 43 | €25,046 | - | -€25,046 | |
| Credit institutions | 430/8 | €25,046 | - | -€25,046 | |
| Trade debts | 44 | €83,808 | €43,797 | -€40,012 | -47.7% |
| Suppliers | 440/4 | €83,808 | €43,797 | -€40,012 | -47.7% |
| Advances received on contracts in progress | 46 | €15,492 | - | -€15,492 | |
| Taxes, remuneration and social security | 45 | €194,486 | €243,344 | +€48,858 | +25.1% |
| Taxes | 450/3 | €108,417 | €111,507 | +€3,090 | +2.9% |
| Remuneration and social security | 454/9 | €86,070 | €131,837 | +€45,768 | +53.2% |
| Other amounts payable | 47/48 | €0 | - | -€0 | |
| Non-recurring operating income | 76A | €8,455 | €7,491 | -€964 | -11.4% |
| Remuneration, social security and pensions | 62 | €345,869 | €405,365 | +€59,496 | +17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,553 | €65,379 | +€9,826 | +17.7% |
| Other operating charges | 640/8 | €3,709 | €37,319 | +€33,610 | +906.2% |
| Gross operating margin | 9900 | €440,332 | €522,594 | +€82,262 | +18.7% |
| Operating profit (loss) | 9901 | €35,201 | €14,531 | -€20,670 | -58.7% |
| Financial income | 75/76B | €10,975 | €10,508 | -€467 | -4.3% |
| Recurring financial income | 75 | €10,975 | €10,508 | -€467 | -4.3% |
| Financial charges | 65/66B | €33,550 | €15,917 | -€17,633 | -52.6% |
| Recurring financial charges | 65 | €33,550 | €15,917 | -€17,633 | -52.6% |
| Profit (loss) for the period before taxes | 9903 | €12,627 | €9,122 | -€3,505 | -27.8% |
| Income taxes | 67/77 | €10,064 | €14,737 | +€4,673 | +46.4% |
| Profit (loss) for the period | 9904 | €2,563 | -€5,615 | -€8,178 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,563 | -€5,615 | -€8,178 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.