ETS. SIX - DE RYCKE: what changed
What changed
ETS. SIX - DE RYCKE
NACE 46.711, Wholesale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€197,544
31-12-2024 · €257,307-€59,763
Equity
€272,182
31-12-2024 · €272,182
Cash
€194,054
31-12-2024 · €205,153-€11,099
Balance sheet total
€644,624
31-12-2024 · €675,897-€31,273
Largest movements
Assets
- Receivables within one year -€21,088
down €21,088 (-27.8%), from €75,774 to €54,686
of which Trade receivables: -€13,923
- Cash -€11,099
down €11,099 (-5.4%), from €205,153 to €194,054
mainly Contributions, distributions and other (-€197,544) and Investment in fixed assets (net) (-€130,000)
Equity and liabilities
- Debts after one year -€32,688
down €32,688 (-100%), from €32,688 to €0
- Trade debts +€11,051
up €11,051 (+419%), from €2,635 to €13,686
- Current portion of long-term debt -€7,067
down €7,067 (-16.3%), from €43,378 to €36,311
Income statement
- Gross operating margin -€48,567
down €48,567 (-11.0%), from €440,574 to €392,007
- Depreciation +€30,871
up €30,871 (+31.4%), from €98,216 to €129,087
- Taxes -€20,623
down €20,623 (-23.8%), from €86,471 to €65,848
Change in the result, 31-12-2024 to 31-12-2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 31-12-2024
€257,307
Gross operating margin
-€48,567
Depreciation
-€30,871
Other operating charges
-€12
Financial income
-€1,062
Financial charges
+€128
Taxes
+€20,623
Result 31-12-2025
€197,544
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€356,200
Investment
-€130,000
Financing
-€237,299
Cash 31-12-2024
€205,153
From operations (derived)
+€356,200
Net result for the year
+€197,544
Depreciation
+€129,087
Receivables within one year
+€21,088
Trade debts
+€11,051
Tax, wage and social debts
+€3,510
Other debts
-€2,456
Accrued charges and deferred income
-€3,624
Investment (derived)
-€130,000
Investment in fixed assets (net)
-€130,000
Financing
-€237,299
Debts after one year
-€32,688
Current portion of long-term debt
-€7,067
Contributions, distributions and other
-€197,544
Cash 31-12-2025
€194,054
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €675,897 | €644,624 | -€31,273 | -4.6% |
| Fixed assets | 21/28 | €394,970 | €395,883 | +€913 | +0.2% |
| Tangible fixed assets | 22/27 | €359,888 | €360,802 | +€913 | +0.3% |
| Plant, machinery and equipment | 23 | €359,888 | €360,802 | +€913 | +0.3% |
| Financial fixed assets | 28 | €35,082 | €35,082 | = | 0.0% |
| Current assets | 29/58 | €280,927 | €248,740 | -€32,187 | -11.5% |
| Amounts receivable within one year | 40/41 | €75,774 | €54,686 | -€21,088 | -27.8% |
| Trade receivables | 40 | €56,609 | €42,686 | -€13,923 | -24.6% |
| Other amounts receivable | 41 | €19,165 | €12,000 | -€7,165 | -37.4% |
| Cash at bank and in hand | 54/58 | €205,153 | €194,054 | -€11,099 | -5.4% |
| Total equity and liabilities | 10/49 | €675,897 | €644,624 | -€31,273 | -4.6% |
| Equity | 10/15 | €272,182 | €272,182 | = | 0.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €210,208 | €210,208 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,923 | €21,923 | = | 0.0% |
| Distributable reserves | 133 | €182,088 | €182,088 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €403,715 | €372,442 | -€31,273 | -7.7% |
| Amounts payable after more than one year | 17 | €32,688 | €0 | -€32,688 | -100% |
| Financial debts | 170/4 | €32,688 | €0 | -€32,688 | -100% |
| Amounts payable within one year | 42/48 | €367,388 | €372,426 | +€5,038 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €43,378 | €36,311 | -€7,067 | -16.3% |
| Trade debts | 44 | €2,635 | €13,686 | +€11,051 | +419% |
| Suppliers | 440/4 | €2,635 | €13,686 | +€11,051 | +419% |
| Taxes, remuneration and social security | 45 | €21,374 | €24,884 | +€3,510 | +16.4% |
| Taxes | 450/3 | €21,374 | €24,884 | +€3,510 | +16.4% |
| Other amounts payable | 47/48 | €300,000 | €297,544 | -€2,456 | -0.8% |
| Accrued charges and deferred income | 492/3 | €3,640 | €16 | -€3,624 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,216 | €129,087 | +€30,871 | +31.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €440,574 | €392,007 | -€48,567 | -11.0% |
| Operating profit (loss) | 9901 | €341,971 | €262,520 | -€79,451 | -23.2% |
| Financial income | 75/76B | €2,608 | €1,546 | -€1,062 | -40.7% |
| Recurring financial income | 75 | €2,608 | €1,546 | -€1,062 | -40.7% |
| Financial charges | 65/66B | €802 | €674 | -€128 | -16.0% |
| Recurring financial charges | 65 | €802 | €674 | -€128 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €343,778 | €263,392 | -€80,385 | -23.4% |
| Income taxes | 67/77 | €86,471 | €65,848 | -€20,623 | -23.8% |
| Profit (loss) for the period | 9904 | €257,307 | €197,544 | -€59,763 | -23.2% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €257,307 | €197,544 | -€59,763 | -23.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.