RICH'ART: 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.
RICH'ART
Largest movements
- Receivables within one year +€51,581
up €51,581 (+120%), from €42,979 to €94,560
of which Trade receivables: +€33,000
- Receivables after one year -€22,000
down €22,000 (-12.1%), from €182,500 to €160,500
- Tangible fixed assets -€8,893
down €8,893 (-4.6%), from €195,186 to €186,293
- Short-term financial debts +€32,000
new in 2025: €32,000
- Reserves -€9,784
down €9,784 (-2.4%), from €407,651 to €397,867
of which Distributable reserves: -€7,162
- Gross operating margin -€20,007
down €20,007 (-87.8%), from €22,782 to €2,776
- Taxes -€3,461
down €3,461 (-100%), from €3,461 to €0
- Depreciation -€2,209
down €2,209 (-19.9%), from €11,103 to €8,893
- Financial income +€655
up €655 (+22.2%), from €2,943 to €3,597
- Other operating charges +€240
up €240 (+3.1%), from €7,852 to €8,093
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 | €445,320 | €462,862 | +€17,543 | +3.9% |
| Fixed assets | 21/28 | €209,136 | €200,243 | -€8,893 | -4.3% |
| Tangible fixed assets | 22/27 | €195,186 | €186,293 | -€8,893 | -4.6% |
| Land and buildings | 22 | €195,186 | €186,293 | -€8,893 | -4.6% |
| Financial fixed assets | 28 | €13,950 | €13,950 | = | 0.0% |
| Current assets | 29/58 | €236,183 | €262,620 | +€26,436 | +11.2% |
| Amounts receivable after more than one year | 29 | €182,500 | €160,500 | -€22,000 | -12.1% |
| Other amounts receivable | 291 | €182,500 | €160,500 | -€22,000 | -12.1% |
| Amounts receivable within one year | 40/41 | €42,979 | €94,560 | +€51,581 | +120% |
| Trade receivables | 40 | - | €33,000 | +€33,000 | |
| Other amounts receivable | 41 | €42,979 | €61,560 | +€18,581 | +43.2% |
| Cash at bank and in hand | 54/58 | €10,562 | €7,418 | -€3,144 | -29.8% |
| Deferred charges and accrued income | 490/1 | €142 | €142 | -€1 | -0.4% |
| Total equity and liabilities | 10/49 | €445,320 | €462,862 | +€17,543 | +3.9% |
| Equity | 10/15 | €426,351 | €416,567 | -€9,784 | -2.3% |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Reserves | 13 | €407,651 | €397,867 | -€9,784 | -2.4% |
| Non-distributable reserves | 130/1 | €34,457 | €34,457 | = | 0.0% |
| Reserves not available under the articles | 1311 | €34,457 | €34,457 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,354 | €15,732 | -€2,622 | -14.3% |
| Distributable reserves | 133 | €354,840 | €347,678 | -€7,162 | -2.0% |
| Provisions and deferred taxes | 16 | €6,118 | €5,244 | -€874 | -14.3% |
| Deferred taxes | 168 | €6,118 | €5,244 | -€874 | -14.3% |
| Amounts payable | 17/49 | €12,851 | €41,052 | +€28,201 | +219% |
| Amounts payable after more than one year | 17 | €5,400 | €5,400 | = | 0.0% |
| Other amounts payable | 178/9 | €5,400 | €5,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,451 | €35,652 | +€28,201 | +379% |
| Financial debts | 43 | - | €32,000 | +€32,000 | |
| Credit institutions | 430/8 | - | €32,000 | +€32,000 | |
| Trade debts | 44 | €54 | €190 | +€136 | +249% |
| Suppliers | 440/4 | €54 | €190 | +€136 | +249% |
| Taxes, remuneration and social security | 45 | €7,396 | €3,461 | -€3,935 | -53.2% |
| Taxes | 450/3 | €7,396 | €3,461 | -€3,935 | -53.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,103 | €8,893 | -€2,209 | -19.9% |
| Other operating charges | 640/8 | €7,852 | €8,093 | +€240 | +3.1% |
| Gross operating margin | 9900 | €22,782 | €2,776 | -€20,007 | -87.8% |
| Operating profit (loss) | 9901 | €3,827 | -€14,210 | -€18,038 | |
| Financial income | 75/76B | €2,943 | €3,597 | +€655 | +22.2% |
| Recurring financial income | 75 | €2,943 | €3,597 | +€655 | +22.2% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €6,725 | -€10,658 | -€17,383 | |
| Transfer from deferred taxes | 780 | €874 | €874 | = | 0.0% |
| Income taxes | 67/77 | €3,461 | €0 | -€3,461 | -100% |
| Profit (loss) for the period | 9904 | €4,138 | -€9,784 | -€13,922 | |
| Transfer from tax-exempt reserves | 789 | €2,622 | €2,622 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,760 | -€7,162 | -€13,922 |
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 29 October 2026 via checked.be.