RICCI'S: 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.
RICCI'S
Largest movements
- Cash -€27,131
down €27,131 (-47.5%), from €57,109 to €29,978
mainly Debts after one year (-€76,514) and Other debts (-€52,893)
- Tangible fixed assets -€12,331
down €12,331 (-10.2%), from €120,495 to €108,164
of which Furniture and vehicles: -€12,217
- Profit (loss) carried forward +€76,549
up €76,549 (+2.8%), from -€2.7m to -€2.6m
- Debts after one year -€76,514
down €76,514 (-6.6%), from €1.2m to €1.1m
of which Financial debts: -€76,514
- Other debts -€52,893
down €52,893 (-12.4%), from €426,674 to €373,781
- Trade debts +€16,874
up €16,874 (+4,927%), from €342 to €17,216
- Tax, wage and social debts -€4,730
down €4,730 (-12.4%), from €38,080 to €33,350
- Depreciation -€22,208
down €22,208 (-46.8%), from €47,446 to €25,238
- Taxes +€4,772
up €4,772 (+21.8%), from €21,866 to €26,638
- Gross operating margin +€4,021
up €4,021 (+2.6%), from €153,418 to €157,440
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 | €178,149 | €138,687 | -€39,462 | -22.2% |
| Fixed assets | 21/28 | €121,040 | €108,709 | -€12,331 | -10.2% |
| Tangible fixed assets | 22/27 | €120,495 | €108,164 | -€12,331 | -10.2% |
| Plant, machinery and equipment | 23 | €69,059 | €68,945 | -€114 | -0.2% |
| Furniture and vehicles | 24 | €51,435 | €39,218 | -€12,217 | -23.8% |
| Financial fixed assets | 28 | €546 | €546 | = | 0.0% |
| Current assets | 29/58 | €57,109 | €29,978 | -€27,131 | -47.5% |
| Cash at bank and in hand | 54/58 | €57,109 | €29,978 | -€27,131 | -47.5% |
| Total equity and liabilities | 10/49 | €178,149 | €138,687 | -€39,462 | -22.2% |
| Equity | 10/15 | -€1,530,093 | -€1,453,544 | +€76,549 | +5.0% |
| Contributions | 10/11 | €1,164,480 | €1,164,480 | = | 0.0% |
| Capital | 10 | €1,164,480 | €1,164,480 | = | 0.0% |
| Issued capital | 100 | €1,164,480 | €1,164,480 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,696,432 | -€2,619,884 | +€76,549 | +2.8% |
| Amounts payable | 17/49 | €1,708,242 | €1,592,231 | -€116,011 | -6.8% |
| Amounts payable after more than one year | 17 | €1,167,884 | €1,091,370 | -€76,514 | -6.6% |
| Financial debts | 170/4 | €1,165,184 | €1,088,670 | -€76,514 | -6.6% |
| Other amounts payable | 178/9 | €2,700 | €2,700 | = | 0.0% |
| Amounts payable within one year | 42/48 | €540,358 | €500,861 | -€39,497 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €75,262 | €76,514 | +€1,252 | +1.7% |
| Trade debts | 44 | €342 | €17,216 | +€16,874 | +4,927% |
| Suppliers | 440/4 | €342 | €17,216 | +€16,874 | +4,927% |
| Taxes, remuneration and social security | 45 | €38,080 | €33,350 | -€4,730 | -12.4% |
| Taxes | 450/3 | €38,080 | €33,350 | -€4,730 | -12.4% |
| Other amounts payable | 47/48 | €426,674 | €373,781 | -€52,893 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,446 | €25,238 | -€22,208 | -46.8% |
| Other operating charges | 640/8 | €24,181 | €24,031 | -€150 | -0.6% |
| Gross operating margin | 9900 | €153,418 | €157,440 | +€4,021 | +2.6% |
| Operating profit (loss) | 9901 | €81,791 | €108,171 | +€26,379 | +32.3% |
| Financial charges | 65/66B | €6,063 | €4,984 | -€1,079 | -17.8% |
| Recurring financial charges | 65 | €6,063 | €4,984 | -€1,079 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €75,729 | €103,186 | +€27,458 | +36.3% |
| Income taxes | 67/77 | €21,866 | €26,638 | +€4,772 | +21.8% |
| Profit (loss) for the period | 9904 | €53,863 | €76,549 | +€22,686 | +42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €53,863 | €76,549 | +€22,686 | +42.1% |
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 26 October 2026 via checked.be.