Britt 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.
Britt De Ryck
Largest movements
- Tangible fixed assets +€15,028
up €15,028 (+34.3%), from €43,778 to €58,806
of which Plant, machinery and equipment: +€28,384
- Cash +€7,699
up €7,699 (+60.0%), from €12,823 to €20,523
mainly Depreciation (+€18,967) and Debts after one year (+€12,851)
- Stocks and contracts +€2,982
up €2,982 (+18.0%), from €16,610 to €19,592
- Debts after one year +€12,851
up €12,851 (+55.5%), from €23,153 to €36,004
- Current portion of long-term debt +€8,509
up €8,509 (+98.2%), from €8,664 to €17,172
- Profit (loss) carried forward +€4,290
up €4,290 (+58.4%), from €7,343 to €11,633
- Tax, wage and social debts +€2,515
up €2,515 (+32.3%), from €7,779 to €10,294
of which Taxes: +€2,980
- Trade debts -€2,439
down €2,439 (-42.3%), from €5,759 to €3,321
- Gross operating margin +€7,466
up €7,466 (+11.3%), from €65,827 to €73,293
- Staff costs +€2,570
up €2,570 (+5.9%), from €43,780 to €46,350
- Depreciation +€2,366
up €2,366 (+14.3%), from €16,601 to €18,967
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.
Derived cash bridge
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 | €78,364 | €103,818 | +€25,455 | +32.5% |
| Fixed assets | 21/28 | €43,778 | €58,806 | +€15,028 | +34.3% |
| Tangible fixed assets | 22/27 | €43,778 | €58,806 | +€15,028 | +34.3% |
| Plant, machinery and equipment | 23 | €9,588 | €37,972 | +€28,384 | +296% |
| Furniture and vehicles | 24 | €30,388 | €20,082 | -€10,307 | -33.9% |
| Other tangible fixed assets | 26 | €3,801 | €752 | -€3,049 | -80.2% |
| Current assets | 29/58 | €34,586 | €45,013 | +€10,427 | +30.1% |
| Stocks and contracts in progress | 3 | €16,610 | €19,592 | +€2,982 | +18.0% |
| Stocks | 30/36 | €16,610 | €19,592 | +€2,982 | +18.0% |
| Amounts receivable within one year | 40/41 | €4,000 | €4,000 | = | 0.0% |
| Other amounts receivable | 41 | €4,000 | €4,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,823 | €20,523 | +€7,699 | +60.0% |
| Deferred charges and accrued income | 490/1 | €1,152 | €898 | -€254 | -22.1% |
| Total equity and liabilities | 10/49 | €78,364 | €103,818 | +€25,455 | +32.5% |
| Equity | 10/15 | €10,343 | €14,633 | +€4,290 | +41.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,343 | €11,633 | +€4,290 | +58.4% |
| Amounts payable | 17/49 | €68,020 | €89,185 | +€21,165 | +31.1% |
| Amounts payable after more than one year | 17 | €23,153 | €36,004 | +€12,851 | +55.5% |
| Financial debts | 170/4 | €23,153 | €36,004 | +€12,851 | +55.5% |
| Amounts payable within one year | 42/48 | €44,867 | €53,181 | +€8,314 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €8,664 | €17,172 | +€8,509 | +98.2% |
| Financial debts | 43 | €1,280 | €564 | -€716 | -56.0% |
| Other loans | 439 | €1,280 | €564 | -€716 | -56.0% |
| Trade debts | 44 | €5,759 | €3,321 | -€2,439 | -42.3% |
| Suppliers | 440/4 | €5,759 | €3,321 | -€2,439 | -42.3% |
| Taxes, remuneration and social security | 45 | €7,779 | €10,294 | +€2,515 | +32.3% |
| Taxes | 450/3 | €1,511 | €4,491 | +€2,980 | +197% |
| Remuneration and social security | 454/9 | €6,268 | €5,803 | -€465 | -7.4% |
| Other amounts payable | 47/48 | €21,386 | €21,831 | +€445 | +2.1% |
| Remuneration, social security and pensions | 62 | €43,780 | €46,350 | +€2,570 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,601 | €18,967 | +€2,366 | +14.3% |
| Other operating charges | 640/8 | €588 | €782 | +€194 | +32.9% |
| Gross operating margin | 9900 | €65,827 | €73,293 | +€7,466 | +11.3% |
| Operating profit (loss) | 9901 | €4,858 | €7,194 | +€2,336 | +48.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -96.4% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -96.4% |
| Financial charges | 65/66B | €1,558 | €1,956 | +€399 | +25.6% |
| Recurring financial charges | 65 | €1,558 | €1,956 | +€399 | +25.6% |
| Profit (loss) for the period before taxes | 9903 | €3,301 | €5,238 | +€1,937 | +58.7% |
| Income taxes | 67/77 | €747 | €948 | +€200 | +26.8% |
| Profit (loss) for the period | 9904 | €2,554 | €4,290 | +€1,736 | +68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,554 | €4,290 | +€1,736 | +68.0% |
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 14 October 2026 via checked.be.