RICAMES: 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.
RICAMES
Largest movements
- Tangible fixed assets -€46,439
down €46,439 (-8.1%), from €571,577 to €525,139
of which Land and buildings: -€33,402
- Debts after one year -€40,413
down €40,413 (-18.1%), from €222,794 to €182,382
- Profit (loss) carried forward -€22,785
down €22,785 (-18.1%), from -€126,172 to -€148,957
- Other debts +€12,500
up €12,500 (+6.1%), from €205,621 to €218,121
- Advances received +€10,315
up €10,315 (+13.6%), from €75,774 to €86,089
- Trade debts -€7,467
down €7,467 (-30.8%), from €24,217 to €16,750
- Gross operating margin +€15,091
up €15,091 (+6.5%), from €230,848 to €245,939
- Staff costs -€3,738
down €3,738 (-1.9%), from €199,826 to €196,088
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €612,755 | €563,367 | -€49,388 | -8.1% |
| Fixed assets | 21/28 | €571,577 | €525,139 | -€46,439 | -8.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €571,577 | €525,139 | -€46,439 | -8.1% |
| Land and buildings | 22 | €536,501 | €503,099 | -€33,402 | -6.2% |
| Plant, machinery and equipment | 23 | €34,372 | €20,154 | -€14,217 | -41.4% |
| Furniture and vehicles | 24 | €705 | €1,886 | +€1,181 | +167.6% |
| Current assets | 29/58 | €41,177 | €38,228 | -€2,949 | -7.2% |
| Stocks and contracts in progress | 3 | €14,207 | €12,822 | -€1,386 | -9.8% |
| Stocks | 30/36 | €14,207 | €12,822 | -€1,386 | -9.8% |
| Cash at bank and in hand | 54/58 | €20,304 | €18,975 | -€1,329 | -6.5% |
| Deferred charges and accrued income | 490/1 | €6,666 | €6,432 | -€235 | -3.5% |
| Total equity and liabilities | 10/49 | €612,755 | €563,367 | -€49,388 | -8.1% |
| Equity | 10/15 | €4,362 | -€18,422 | -€22,785 | |
| Contributions | 10/11 | €118,668 | €118,668 | = | 0.0% |
| Reserves | 13 | €11,867 | €11,867 | = | 0.0% |
| Distributable reserves | 133 | €11,867 | €11,867 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€126,172 | -€148,957 | -€22,785 | -18.1% |
| Amounts payable | 17/49 | €608,392 | €581,789 | -€26,603 | -4.4% |
| Amounts payable after more than one year | 17 | €222,794 | €182,382 | -€40,413 | -18.1% |
| Financial debts | 170/4 | €222,794 | €182,382 | -€40,413 | -18.1% |
| Amounts payable within one year | 42/48 | €385,598 | €399,408 | +€13,810 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €43,696 | €40,768 | -€2,928 | -6.7% |
| Trade debts | 44 | €24,217 | €16,750 | -€7,467 | -30.8% |
| Suppliers | 440/4 | €24,217 | €16,750 | -€7,467 | -30.8% |
| Advances received on contracts in progress | 46 | €75,774 | €86,089 | +€10,315 | +13.6% |
| Taxes, remuneration and social security | 45 | €36,290 | €37,679 | +€1,390 | +3.8% |
| Taxes | 450/3 | €12,779 | €15,799 | +€3,020 | +23.6% |
| Remuneration and social security | 454/9 | €23,511 | €21,880 | -€1,631 | -6.9% |
| Other amounts payable | 47/48 | €205,621 | €218,121 | +€12,500 | +6.1% |
| Remuneration, social security and pensions | 62 | €199,826 | €196,088 | -€3,738 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,603 | €50,924 | -€1,678 | -3.2% |
| Other operating charges | 640/8 | €7,589 | €7,439 | -€150 | -2.0% |
| Gross operating margin | 9900 | €230,848 | €245,939 | +€15,091 | +6.5% |
| Operating profit (loss) | 9901 | -€29,169 | -€8,512 | +€20,657 | +70.8% |
| Financial income | 75/76B | €19 | - | -€19 | |
| Recurring financial income | 75 | €19 | - | -€19 | |
| Financial charges | 65/66B | €13,721 | €14,273 | +€552 | +4.0% |
| Recurring financial charges | 65 | €13,721 | €12,982 | -€739 | -5.4% |
| Non-recurring financial charges | 66B | - | €1,291 | +€1,291 | |
| Profit (loss) for the period before taxes | 9903 | -€42,871 | -€22,785 | +€20,086 | +46.9% |
| Profit (loss) for the period | 9904 | -€42,871 | -€22,785 | +€20,086 | +46.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,871 | -€22,785 | +€20,086 | +46.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.