RIC: 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.
What changed
RIC
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€343,870
2024 · €475,396-€131,526
Equity
€5.3m
2024 · €5.0m+€343,870
Cash
€991,861
2024 · €1.0m-€27,320
Balance sheet total
€12.2m
2024 · €12.0m+€216,283
Largest movements
Assets
- Receivables within one year +€280,762
up €280,762 (+12.2%), from €2.3m to €2.6m
of which Trade receivables: +€277,140
Equity and liabilities
- Reserves +€343,870
up €343,870 (+7.0%), from €4.9m to €5.3m
of which Distributable reserves: +€343,870
- Debts after one year +€164,558
up €164,558 (+4.7%), from €3.5m to €3.7m
- Accrued charges and deferred income -€144,410
down €144,410 (-59.4%), from €243,088 to €98,678
Income statement
- Turnover +€1.2m
up €1.2m (+8.9%), from €13.4m to €14.6m
- Staff costs +€929,531
up €929,531 (+17.4%), from €5.4m to €6.3m
- Other operating income -€572,818
down €572,818 (-44.4%), from €1.3m to €716,557
- Services and other goods -€332,417
down €332,417 (-9.8%), from €3.4m to €3.1m
- Goods and materials +€168,495
up €168,495 (+3.9%), from €4.3m to €4.5m
of which Change in stocks: decrease (increase): +€141,620
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.
Result 2024
€475,396
Turnover
+€1.2m
Other operating income
-€572,818
Goods and materials
-€168,495
Services and other goods
+€332,417
Staff costs
-€929,531
Depreciation
-€126,833
Other operating charges
+€40,109
Other operating items
+€3,832
Financial income
+€2,569
Financial charges
-€1,290
Taxes
+€126,972
Deferred taxes and other
-€25,721
Result 2025
€343,870
Cash bridge derived
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.
From operations
+€655,722
Investment
-€780,402
Financing
+€97,359
Cash 2024
€1.0m
From operations (derived)
+€655,722
Net result for the year
+€343,870
Depreciation
+€793,540
Receivables after one year
-€12,519
Stocks and contracts
-€24,095
Receivables within one year
-€280,762
Deferred charges and accrued income
+€60,635
Trade debts
-€66,057
Tax, wage and social debts
+€65,022
Advances received
+€20,499
Other debts
-€100,000
Accrued charges and deferred income
-€144,410
Investment (derived)
-€780,402
Investment in fixed assets (net)
-€780,402
Financing
+€97,359
Debts after one year
+€164,558
Current portion of long-term debt
-€42,015
Short-term financial debts
-€25,185
Cash 2025
€991,861
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,963,676 | €12,179,958 | +€216,283 | +1.8% |
| Fixed assets | 21/28 | €7,887,855 | €7,874,716 | -€13,139 | -0.2% |
| Intangible fixed assets | 21 | €9,751 | €2,915 | -€6,836 | -70.1% |
| Tangible fixed assets | 22/27 | €7,878,103 | €7,871,801 | -€6,303 | -0.1% |
| Land and buildings | 22 | €7,098,165 | €6,683,822 | -€414,344 | -5.8% |
| Plant, machinery and equipment | 23 | €616,470 | €980,280 | +€363,810 | +59.0% |
| Furniture and vehicles | 24 | €158,018 | €202,249 | +€44,231 | +28.0% |
| Other tangible fixed assets | 26 | €5,450 | €5,450 | = | 0.0% |
| Current assets | 29/58 | €4,075,821 | €4,305,242 | +€229,421 | +5.6% |
| Amounts receivable after more than one year | 29 | €74,140 | €86,660 | +€12,519 | +16.9% |
| Other amounts receivable | 291 | €74,140 | €86,660 | +€12,519 | +16.9% |
| Stocks and contracts in progress | 3 | €537,258 | €561,353 | +€24,095 | +4.5% |
| Stocks | 30/36 | €537,258 | €561,353 | +€24,095 | +4.5% |
| Raw materials and consumables | 30/31 | €381,490 | €350,900 | -€30,590 | -8.0% |
| Goods purchased for resale | 34 | €155,768 | €210,454 | +€54,685 | +35.1% |
| Amounts receivable within one year | 40/41 | €2,303,713 | €2,584,475 | +€280,762 | +12.2% |
| Trade receivables | 40 | €2,302,420 | €2,579,560 | +€277,140 | +12.0% |
| Other amounts receivable | 41 | €1,293 | €4,915 | +€3,622 | +280.2% |
| Cash at bank and in hand | 54/58 | €1,019,181 | €991,861 | -€27,320 | -2.7% |
| Deferred charges and accrued income | 490/1 | €141,529 | €80,894 | -€60,635 | -42.8% |
| Total equity and liabilities | 10/49 | €11,963,676 | €12,179,958 | +€216,283 | +1.8% |
| Equity | 10/15 | €4,975,481 | €5,319,352 | +€343,870 | +6.9% |
| Contributions | 10/11 | €56,000 | €56,000 | = | 0.0% |
| Reserves | 13 | €4,919,481 | €5,263,352 | +€343,870 | +7.0% |
| Non-distributable reserves | 130/1 | €5,600 | €5,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,600 | €5,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,494 | €21,494 | = | 0.0% |
| Distributable reserves | 133 | €4,892,387 | €5,236,257 | +€343,870 | +7.0% |
| Amounts payable | 17/49 | €6,988,194 | €6,860,607 | -€127,588 | -1.8% |
| Amounts payable after more than one year | 17 | €3,503,406 | €3,667,964 | +€164,558 | +4.7% |
| Financial debts | 170/4 | €3,503,406 | €3,667,964 | +€164,558 | +4.7% |
| Credit institutions | 173 | €3,503,406 | €3,667,964 | +€164,558 | +4.7% |
| Amounts payable within one year | 42/48 | €3,241,700 | €3,093,964 | -€147,736 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €463,076 | €421,061 | -€42,015 | -9.1% |
| Financial debts | 43 | €58,849 | €33,665 | -€25,185 | -42.8% |
| Credit institutions | 430/8 | €58,849 | €33,665 | -€25,185 | -42.8% |
| Trade debts | 44 | €1,196,026 | €1,129,968 | -€66,057 | -5.5% |
| Suppliers | 440/4 | €1,196,026 | €1,129,968 | -€66,057 | -5.5% |
| Advances received on contracts in progress | 46 | - | €20,499 | +€20,499 | |
| Taxes, remuneration and social security | 45 | €998,549 | €1,063,571 | +€65,022 | +6.5% |
| Taxes | 450/3 | €254,547 | €171,883 | -€82,664 | -32.5% |
| Remuneration and social security | 454/9 | €744,002 | €891,688 | +€147,686 | +19.9% |
| Other amounts payable | 47/48 | €525,200 | €425,200 | -€100,000 | -19.0% |
| Accrued charges and deferred income | 492/3 | €243,088 | €98,678 | -€144,410 | -59.4% |
| Operating income | 70/76A | €14,690,825 | €15,305,989 | +€615,164 | +4.2% |
| Turnover | 70 | €13,401,450 | €14,588,712 | +€1.2m | +8.9% |
| Other operating income | 74 | €1,289,375 | €716,557 | -€572,818 | -44.4% |
| Non-recurring operating income | 76A | - | €719 | +€719 | |
| Operating charges | 60/66A | €13,850,142 | €14,699,361 | +€849,219 | +6.1% |
| Goods for resale, raw materials and consumables | 60 | €4,322,251 | €4,490,746 | +€168,495 | +3.9% |
| Purchases | 600/8 | €4,480,913 | €4,507,788 | +€26,875 | +0.6% |
| Change in stocks: decrease (increase) | 609 | -€158,662 | -€17,042 | +€141,620 | +89.3% |
| Services and other goods | 61 | €3,405,828 | €3,073,411 | -€332,417 | -9.8% |
| Remuneration, social security and pensions | 62 | €5,355,731 | €6,285,262 | +€929,531 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €666,708 | €793,540 | +€126,833 | +19.0% |
| Other operating charges | 640/8 | €95,673 | €55,564 | -€40,109 | -41.9% |
| Non-recurring operating charges | 66A | €3,952 | €839 | -€3,113 | -78.8% |
| Operating profit (loss) | 9901 | €840,682 | €606,627 | -€234,055 | -27.8% |
| Financial income | 75/76B | €473 | €3,042 | +€2,569 | +542.6% |
| Recurring financial income | 75 | €473 | €3,042 | +€2,569 | +542.6% |
| Other financial income | 752/9 | €473 | €3,042 | +€2,569 | +542.6% |
| Financial charges | 65/66B | €117,398 | €118,688 | +€1,290 | +1.1% |
| Recurring financial charges | 65 | €117,398 | €118,688 | +€1,290 | +1.1% |
| Debt charges | 650 | €112,739 | €110,105 | -€2,634 | -2.3% |
| Other financial charges | 652/9 | €4,659 | €8,583 | +€3,924 | +84.2% |
| Profit (loss) for the period before taxes | 9903 | €723,758 | €490,981 | -€232,777 | -32.2% |
| Transfer from deferred taxes | 780 | €25,721 | - | -€25,721 | |
| Income taxes | 67/77 | €274,083 | €147,111 | -€126,972 | -46.3% |
| Taxes | 670/3 | €274,083 | €147,111 | -€126,972 | -46.3% |
| Profit (loss) for the period | 9904 | €475,396 | €343,870 | -€131,526 | -27.7% |
| Transfer from tax-exempt reserves | 789 | €53,404 | - | -€53,404 | |
| Profit (loss) for the period to be appropriated | 9905 | €528,801 | €343,870 | -€184,930 | -35.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.