Richa Group: 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.
What changed
Richa Group
NACE 64.210, Activities of holding companies
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€28.3m
2024 · €157,301+€28.2m
Equity
€50.5m
2024 · €22.2m+€28.3m
Cash
€109
2024 · €448-€339
Balance sheet total
€55.9m
2024 · €27.3m+€28.5m
Largest movements
Assets
- Financial fixed assets +€28.9m
up €28.9m (+136.8%), from €21.1m to €50.0m
Equity and liabilities
- Reserves +€28.3m
up €28.3m (+1102.6%), from €2.6m to €30.9m
of which Distributable reserves: +€26.9m
- Debts after one year -€5.0m
no longer reported in 2025 (was €5.0m)
- Current portion of long-term debt +€5.0m
new in 2025: €5.0m
Income statement
- Financial income +€28.9m
up €28.9m (+13225.3%), from €218,622 to €29.1m
of which Non-recurring financial income: +€28.9m
- Turnover -€96,477
down €96,477 (-8.0%), from €1.2m to €1.1m
- Services and other goods -€47,458
down €47,458 (-4.8%), from €989,926 to €942,468
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
€157,301
Turnover
-€96,477
Services and other goods
+€47,458
Staff costs
+€7,704
Depreciation
-€6,411
Other operating charges
-€2,146
Other operating items
-€698,211
Financial income
+€28.9m
Financial charges
-€811
Result 2025
€28.3m
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
+€28.9m
Investment
-€28.9m
Financing
€0
Cash 2024
€448
From operations (derived)
+€28.9m
Net result for the year
+€28.3m
Depreciation
+€17,994
Receivables within one year
+€419,456
Smaller working-capital items
-€33,715
Trade debts
+€187,718
Investment (derived)
-€28.9m
Investment in fixed assets (net)
-€28.9m
Financing
€0
Debts after one year
-€5.0m
Current portion of long-term debt
+€5.0m
Cash 2025
€109
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,328,949 | €55,867,391 | +€28.5m | +104.4% |
| Fixed assets | 21/28 | €21,144,155 | €50,039,711 | +€28.9m | +136.7% |
| Intangible fixed assets | 21 | €4,030 | €39,711 | +€35,681 | +885.4% |
| Tangible fixed assets | 22/27 | €22,898 | - | -€22,898 | |
| Plant, machinery and equipment | 23 | €22,898 | - | -€22,898 | |
| Financial fixed assets | 28 | €21,117,227 | €50,000,000 | +€28.9m | +136.8% |
| Affiliated companies | 280/1 | €21,117,227 | €50,000,000 | +€28.9m | +136.8% |
| Participating interests | 280 | €21,117,227 | €50,000,000 | +€28.9m | +136.8% |
| Current assets | 29/58 | €6,184,794 | €5,827,680 | -€357,114 | -5.8% |
| Amounts receivable within one year | 40/41 | €6,168,461 | €5,749,005 | -€419,456 | -6.8% |
| Other amounts receivable | 41 | €6,168,461 | €5,749,005 | -€419,456 | -6.8% |
| Cash at bank and in hand | 54/58 | €448 | €109 | -€339 | -75.6% |
| Deferred charges and accrued income | 490/1 | €15,885 | €78,566 | +€62,681 | +394.6% |
| Total equity and liabilities | 10/49 | €27,328,949 | €55,867,391 | +€28.5m | +104.4% |
| Equity | 10/15 | €22,168,745 | €50,490,504 | +€28.3m | +127.8% |
| Contributions | 10/11 | €19,600,100 | €19,600,100 | = | 0.0% |
| Capital | 10 | €19,600,100 | €19,600,100 | = | 0.0% |
| Issued capital | 100 | €19,600,100 | €19,600,100 | = | 0.0% |
| Reserves | 13 | €2,568,645 | €30,890,404 | +€28.3m | +1102.6% |
| Non-distributable reserves | 130/1 | €128,432 | €1,544,520 | +€1.4m | +1102.6% |
| Legal reserve | 130 | €128,432 | €1,544,520 | +€1.4m | +1102.6% |
| Distributable reserves | 133 | €2,440,213 | €29,345,883 | +€26.9m | +1102.6% |
| Amounts payable | 17/49 | €5,160,204 | €5,376,887 | +€216,683 | +4.2% |
| Amounts payable after more than one year | 17 | €5,000,000 | - | -€5.0m | |
| Financial debts | 170/4 | €5,000,000 | - | -€5.0m | |
| Subordinated loans | 170 | €5,000,000 | - | -€5.0m | |
| Amounts payable within one year | 42/48 | €160,174 | €5,314,388 | +€5.2m | +3217.9% |
| Current portion of amounts payable after more than one year | 42 | - | €5,000,000 | +€5.0m | |
| Trade debts | 44 | €126,669 | €314,388 | +€187,718 | +148.2% |
| Suppliers | 440/4 | €126,669 | €314,388 | +€187,718 | +148.2% |
| Taxes, remuneration and social security | 45 | €33,505 | - | -€33,505 | |
| Taxes | 450/3 | €33,505 | - | -€33,505 | |
| Accrued charges and deferred income | 492/3 | €30 | €62,500 | +€62,470 | +208233.3% |
| Operating income | 70/76A | €1,205,973 | €1,109,496 | -€96,477 | -8.0% |
| Turnover | 70 | €1,205,973 | €1,109,496 | -€96,477 | -8.0% |
| Operating charges | 60/66A | €1,016,100 | €1,667,706 | +€651,606 | +64.1% |
| Services and other goods | 61 | €989,926 | €942,468 | -€47,458 | -4.8% |
| Remuneration, social security and pensions | 62 | €8,060 | €356 | -€7,704 | -95.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,583 | €17,994 | +€6,411 | +55.3% |
| Other operating charges | 640/8 | €141 | €2,287 | +€2,146 | +1527.4% |
| Non-recurring operating charges | 66A | €6,391 | €704,602 | +€698,211 | +10925.1% |
| Operating profit (loss) | 9901 | €189,873 | -€558,210 | -€748,083 | |
| Financial income | 75/76B | €218,622 | €29,131,973 | +€28.9m | +13225.3% |
| Recurring financial income | 75 | €218,622 | €249,201 | +€30,579 | +14.0% |
| Income from current assets | 751 | €218,614 | €248,796 | +€30,182 | +13.8% |
| Other financial income | 752/9 | €8 | €405 | +€397 | +4689.4% |
| Non-recurring financial income | 76B | - | €28,882,773 | +€28.9m | |
| Financial charges | 65/66B | €251,194 | €252,005 | +€811 | +0.3% |
| Recurring financial charges | 65 | €251,194 | €252,005 | +€811 | +0.3% |
| Debt charges | 650 | €250,000 | €250,000 | = | 0.0% |
| Other financial charges | 652/9 | €1,194 | €2,005 | +€811 | +67.9% |
| Profit (loss) for the period before taxes | 9903 | €157,301 | €28,321,759 | +€28.2m | +17904.8% |
| Profit (loss) for the period | 9904 | €157,301 | €28,321,759 | +€28.2m | +17904.8% |
| Profit (loss) for the period to be appropriated | 9905 | €157,301 | €28,321,759 | +€28.2m | +17904.8% |
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 10 October 2026 via checked.be.