Dr RYCKOORT VANESSA: 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.
Dr RYCKOORT VANESSA
Largest movements
- Cash -€494,076
down €494,076 (-88.6%), from €557,956 to €63,881
mainly Contributions, distributions and other (-€285,000) and Other debts (-€284,750)
- Tangible fixed assets -€33,525
down €33,525 (-27.7%), from €120,876 to €87,352
of which Furniture and vehicles: -€18,735
- Other debts -€284,750
down €284,750 (-54.0%), from €527,000 to €242,250
- Profit (loss) carried forward -€165,033
down €165,033 (-97.8%), from €168,684 to €3,651
- Tax, wage and social debts -€50,250
down €50,250 (-54.0%), from €93,000 to €42,750
- Debts after one year -€25,677
down €25,677 (-26.7%), from €96,019 to €70,342
- Gross operating margin -€19,570
down €19,570 (-9.6%), from €202,882 to €183,312
- Taxes -€6,674
down €6,674 (-15.1%), from €44,137 to €37,463
- Financial income +€4,946
up €4,946 (+60.4%), from €8,194 to €13,140
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 | €961,691 | €436,604 | -€525,088 | -54.6% |
| Fixed assets | 21/28 | €370,876 | €337,352 | -€33,525 | -9.0% |
| Tangible fixed assets | 22/27 | €120,876 | €87,352 | -€33,525 | -27.7% |
| Plant, machinery and equipment | 23 | €56,815 | €42,026 | -€14,789 | -26.0% |
| Furniture and vehicles | 24 | €64,061 | €45,326 | -€18,735 | -29.2% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €590,815 | €99,252 | -€491,563 | -83.2% |
| Amounts receivable within one year | 40/41 | €25,765 | €27,021 | +€1,257 | +4.9% |
| Other amounts receivable | 41 | €25,765 | €27,021 | +€1,257 | +4.9% |
| Cash at bank and in hand | 54/58 | €557,956 | €63,881 | -€494,076 | -88.6% |
| Deferred charges and accrued income | 490/1 | €7,094 | €8,350 | +€1,256 | +17.7% |
| Total equity and liabilities | 10/49 | €961,691 | €436,604 | -€525,088 | -54.6% |
| Equity | 10/15 | €187,284 | €22,251 | -€165,033 | -88.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,684 | €3,651 | -€165,033 | -97.8% |
| Amounts payable | 17/49 | €774,407 | €414,352 | -€360,055 | -46.5% |
| Amounts payable after more than one year | 17 | €96,019 | €70,342 | -€25,677 | -26.7% |
| Financial debts | 170/4 | €96,019 | €70,342 | -€25,677 | -26.7% |
| Amounts payable within one year | 42/48 | €678,388 | €344,010 | -€334,378 | -49.3% |
| Current portion of amounts payable after more than one year | 42 | €57,905 | €59,010 | +€1,105 | +1.9% |
| Trade debts | 44 | €484 | - | -€484 | |
| Suppliers | 440/4 | €484 | - | -€484 | |
| Taxes, remuneration and social security | 45 | €93,000 | €42,750 | -€50,250 | -54.0% |
| Taxes | 450/3 | €93,000 | €42,750 | -€50,250 | -54.0% |
| Other amounts payable | 47/48 | €527,000 | €242,250 | -€284,750 | -54.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,503 | €33,525 | -€979 | -2.8% |
| Other operating charges | 640/8 | €100 | €269 | +€169 | +169% |
| Gross operating margin | 9900 | €202,882 | €183,312 | -€19,570 | -9.6% |
| Operating profit (loss) | 9901 | €168,279 | €149,518 | -€18,761 | -11.1% |
| Financial income | 75/76B | €8,194 | €13,140 | +€4,946 | +60.4% |
| Recurring financial income | 75 | €8,194 | €13,140 | +€4,946 | +60.4% |
| Financial charges | 65/66B | €6,073 | €5,228 | -€845 | -13.9% |
| Recurring financial charges | 65 | €6,073 | €5,228 | -€845 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €170,400 | €157,430 | -€12,970 | -7.6% |
| Income taxes | 67/77 | €44,137 | €37,463 | -€6,674 | -15.1% |
| Profit (loss) for the period | 9904 | €126,263 | €119,967 | -€6,296 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €126,263 | €119,967 | -€6,296 | -5.0% |
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 24 October 2026 via checked.be.