DE RYCKE: 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.
DE RYCKE
Largest movements
- Current investments +€35,000
new in 2026: €35,000
- Tangible fixed assets -€24,187
down €24,187 (-8.6%), from €279,662 to €255,475
of which Furniture and vehicles: -€16,482
- Cash -€20,477
down €20,477 (-25.5%), from €80,455 to €59,978
mainly Current investments (-€35,000) and Debts after one year (-€21,147)
- Receivables within one year +€13,467
up €13,467 (+53.2%), from €25,298 to €38,765
of which Trade receivables: +€13,488
- Debts after one year -€21,147
down €21,147 (-22.6%), from €93,582 to €72,435
- Reserves +€17,142
up €17,142 (+19.2%), from €89,293 to €106,435
of which Distributable reserves: +€16,323
- Tax, wage and social debts +€10,916
up €10,916 (+44.0%), from €24,802 to €35,718
of which Taxes: +€10,600
- Staff costs -€43,836
down €43,836 (-42.9%), from €102,166 to €58,329
- Gross operating margin -€27,380
down €27,380 (-19.4%), from €141,336 to €113,956
- Taxes +€10,726
up €10,726 (+1033.6%), from €1,038 to €11,764
- Financial charges -€9,618
down €9,618 (-63.9%), from €15,054 to €5,436
- Depreciation -€4,052
down €4,052 (-12.3%), from €33,045 to €28,993
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €390,489 | €394,668 | +€4,180 | +1.1% |
| Fixed assets | 21/28 | €279,662 | €255,475 | -€24,187 | -8.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €279,662 | €255,475 | -€24,187 | -8.6% |
| Land and buildings | 22 | €207,520 | €197,608 | -€9,912 | -4.8% |
| Furniture and vehicles | 24 | €72,142 | €55,660 | -€16,482 | -22.8% |
| Other tangible fixed assets | 26 | - | €2,207 | +€2,207 | |
| Current assets | 29/58 | €110,826 | €139,193 | +€28,367 | +25.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €25,298 | €38,765 | +€13,467 | +53.2% |
| Trade receivables | 40 | €25,277 | €38,765 | +€13,488 | +53.4% |
| Other amounts receivable | 41 | €21 | €0 | -€21 | -100.0% |
| Current investments | 50/53 | - | €35,000 | +€35,000 | |
| Cash at bank and in hand | 54/58 | €80,455 | €59,978 | -€20,477 | -25.5% |
| Deferred charges and accrued income | 490/1 | €5,074 | €5,450 | +€377 | +7.4% |
| Total equity and liabilities | 10/49 | €390,489 | €394,668 | +€4,180 | +1.1% |
| Equity | 10/15 | €208,077 | €225,219 | +€17,142 | +8.2% |
| Contributions | 10/11 | €118,700 | €118,700 | = | 0.0% |
| Capital | 10 | €118,700 | €118,700 | = | 0.0% |
| Issued capital | 100 | €118,700 | €118,700 | = | 0.0% |
| Reserves | 13 | €89,293 | €106,435 | +€17,142 | +19.2% |
| Non-distributable reserves | 130/1 | €11,870 | €11,870 | = | 0.0% |
| Legal reserve | 130 | €11,870 | €11,870 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,739 | €23,558 | +€818 | +3.6% |
| Distributable reserves | 133 | €54,684 | €71,007 | +€16,323 | +29.9% |
| Profit (loss) carried forward | 14 | €84 | €84 | = | 0.0% |
| Provisions and deferred taxes | 16 | €27,789 | €27,994 | +€205 | +0.7% |
| Provisions for liabilities and charges | 160/5 | €22,104 | €22,104 | = | 0.0% |
| Pensions and similar obligations | 160 | €22,104 | €22,104 | = | 0.0% |
| Deferred taxes | 168 | €5,685 | €5,889 | +€205 | +3.6% |
| Amounts payable | 17/49 | €154,623 | €141,456 | -€13,167 | -8.5% |
| Amounts payable after more than one year | 17 | €93,582 | €72,435 | -€21,147 | -22.6% |
| Financial debts | 170/4 | €93,582 | €72,435 | -€21,147 | -22.6% |
| Amounts payable within one year | 42/48 | €61,040 | €69,020 | +€7,980 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €23,528 | €21,429 | -€2,099 | -8.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €8,792 | €5,248 | -€3,544 | -40.3% |
| Suppliers | 440/4 | €8,792 | €5,248 | -€3,544 | -40.3% |
| Taxes, remuneration and social security | 45 | €24,802 | €35,718 | +€10,916 | +44.0% |
| Taxes | 450/3 | €13,411 | €24,011 | +€10,600 | +79.0% |
| Remuneration and social security | 454/9 | €11,391 | €11,707 | +€316 | +2.8% |
| Other amounts payable | 47/48 | €3,918 | €6,625 | +€2,707 | +69.1% |
| Non-recurring operating income | 76A | €4,056 | €0 | -€4,056 | -100.0% |
| Remuneration, social security and pensions | 62 | €102,166 | €58,329 | -€43,836 | -42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,045 | €28,993 | -€4,052 | -12.3% |
| Other operating charges | 640/8 | €6,810 | €2,851 | -€3,959 | -58.1% |
| Non-recurring operating charges | 66A | €57,121 | €0 | -€57,121 | -100.0% |
| Gross operating margin | 9900 | €141,336 | €113,956 | -€27,380 | -19.4% |
| Operating profit (loss) | 9901 | -€57,806 | €23,782 | +€81,588 | |
| Financial income | 75/76B | €718 | €249 | -€469 | -65.3% |
| Recurring financial income | 75 | €718 | €249 | -€469 | -65.3% |
| Financial charges | 65/66B | €15,054 | €5,436 | -€9,618 | -63.9% |
| Recurring financial charges | 65 | €15,054 | €5,436 | -€9,618 | -63.9% |
| Profit (loss) for the period before taxes | 9903 | -€72,142 | €18,596 | +€90,738 | |
| Transfer from deferred taxes | 780 | €5,893 | €2,232 | -€3,662 | -62.1% |
| Income taxes | 67/77 | €1,038 | €11,764 | +€10,726 | +1033.6% |
| Profit (loss) for the period | 9904 | -€67,287 | €9,063 | +€76,350 | |
| Transfer from tax-exempt reserves | 789 | €23,573 | €8,926 | -€14,647 | -62.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,714 | €17,989 | +€61,703 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.