ASSOCIATED PROPERTIES DE RYCK: 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.
ASSOCIATED PROPERTIES DE RYCK
Largest movements
- Tangible fixed assets +€662,896
up €662,896 (+27.2%), from €2.4m to €3.1m
of which Land and buildings: +€662,036
- Revaluation surpluses +€600,000
new in 2024: €600,000
- Other debts +€366,290
up €366,290 (+76.9%), from €476,284 to €842,574
- Advances received -€314,000
down €314,000 (-100%), from €314,000 to €0
- Short-term financial debts +€73,592
new in 2024: €73,592
- Debts after one year -€51,435
down €51,435 (-32.6%), from €157,980 to €106,545
- Gross operating margin +€27,067
up €27,067 (+55.6%), from €48,705 to €75,772
- Financial charges +€20,501
up €20,501 (+156%), from €13,178 to €33,679
- Depreciation -€10,880
down €10,880 (-14.6%), from €74,618 to €63,738
- Other operating charges -€5,367
down €5,367 (-39.5%), from €13,596 to €8,229
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,447,048 | €3,110,550 | +€663,501 | +27.1% |
| Fixed assets | 21/28 | €2,434,509 | €3,097,405 | +€662,896 | +27.2% |
| Tangible fixed assets | 22/27 | €2,434,509 | €3,097,405 | +€662,896 | +27.2% |
| Land and buildings | 22 | €2,434,509 | €3,096,544 | +€662,036 | +27.2% |
| Plant, machinery and equipment | 23 | - | €861 | +€861 | |
| Current assets | 29/58 | €12,540 | €13,145 | +€605 | +4.8% |
| Cash at bank and in hand | 54/58 | €12,540 | €13,145 | +€605 | +4.8% |
| Total equity and liabilities | 10/49 | €2,447,048 | €3,110,550 | +€663,501 | +27.1% |
| Equity | 10/15 | €1,424,404 | €1,994,531 | +€570,126 | +40.0% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €600,000 | +€600,000 | |
| Reserves | 13 | €14,431 | €14,431 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,303 | €5,303 | = | 0.0% |
| Legal reserve | 130 | €5,303 | €5,303 | = | 0.0% |
| Distributable reserves | 133 | €9,128 | €9,128 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€590,027 | -€619,900 | -€29,874 | -5.1% |
| Amounts payable | 17/49 | €1,022,644 | €1,116,019 | +€93,375 | +9.1% |
| Amounts payable after more than one year | 17 | €157,980 | €106,545 | -€51,435 | -32.6% |
| Financial debts | 170/4 | €157,980 | €106,545 | -€51,435 | -32.6% |
| Amounts payable within one year | 42/48 | €864,664 | €1,006,549 | +€141,885 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €57,299 | €66,936 | +€9,637 | +16.8% |
| Financial debts | 43 | - | €73,592 | +€73,592 | |
| Credit institutions | 430/8 | - | €73,592 | +€73,592 | |
| Trade debts | 44 | €17,081 | €23,447 | +€6,366 | +37.3% |
| Suppliers | 440/4 | €17,081 | €23,447 | +€6,366 | +37.3% |
| Advances received on contracts in progress | 46 | €314,000 | €0 | -€314,000 | -100% |
| Other amounts payable | 47/48 | €476,284 | €842,574 | +€366,290 | +76.9% |
| Accrued charges and deferred income | 492/3 | - | €2,925 | +€2,925 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,618 | €63,738 | -€10,880 | -14.6% |
| Other operating charges | 640/8 | €13,596 | €8,229 | -€5,367 | -39.5% |
| Non-recurring operating charges | 66A | €253,935 | €0 | -€253,935 | -100% |
| Gross operating margin | 9900 | €48,705 | €75,772 | +€27,067 | +55.6% |
| Operating profit (loss) | 9901 | -€293,444 | €3,805 | +€297,249 | |
| Financial charges | 65/66B | €13,178 | €33,679 | +€20,501 | +156% |
| Recurring financial charges | 65 | €13,178 | €33,679 | +€20,501 | +156% |
| Profit (loss) for the period before taxes | 9903 | -€306,621 | -€29,874 | +€276,748 | +90.3% |
| Profit (loss) for the period | 9904 | -€306,621 | -€29,874 | +€276,748 | +90.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€306,621 | -€29,874 | +€276,748 | +90.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.