RICHELLE SERVICES: 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.
RICHELLE SERVICES
Largest movements
- Current investments -€2.3m
down €2.3m (-21.9%), from €10.4m to €8.2m
- Receivables within one year +€1.7m
up €1.7m (+981%), from €173,181 to €1.9m
of which Other amounts receivable: +€1.7m
- Cash -€1.4m
down €1.4m (-97.1%), from €1.5m to €42,884
- Tangible fixed assets +€648,801
up €648,801 (+10.2%), from €6.3m to €7.0m
of which Land and buildings: +€649,994
- Debts after one year -€1.2m
down €1.2m (-11.0%), from €10.4m to €9.3m
- Other debts -€189,144
no longer reported in 2025 (was €189,144)
- Financial charges +€320,335
up €320,335, from -€319,393 to €942
- Financial income -€85,990
down €85,990 (-30.6%), from €280,873 to €194,882
- Gross operating margin -€76,134
down €76,134 (-79.1%), from €96,226 to €20,092
- Depreciation -€75,829
down €75,829 (-12.0%), from €633,816 to €557,987
- Taxes -€23,608
down €23,608 (-21.8%), from -€108,413 to -€132,021
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,494,884 | €17,122,428 | -€1.4m | -7.4% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €6,331,985 | €6,980,786 | +€648,801 | +10.2% |
| Tangible fixed assets | 22/27 | €6,331,985 | €6,980,786 | +€648,801 | +10.2% |
| Land and buildings | 22 | €6,275,472 | €6,925,466 | +€649,994 | +10.4% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €3,989 | €2,796 | -€1,193 | -29.9% |
| Other tangible fixed assets | 26 | €52,524 | €52,524 | = | 0.0% |
| Current assets | 29/58 | €12,162,899 | €10,141,642 | -€2.0m | -16.6% |
| Amounts receivable within one year | 40/41 | €173,181 | €1,871,544 | +€1.7m | +981% |
| Trade receivables | 40 | €3,395 | €3,395 | = | 0.0% |
| Other amounts receivable | 41 | €169,786 | €1,868,149 | +€1.7m | +1,000% |
| Current investments | 50/53 | €10,432,340 | €8,151,454 | -€2.3m | -21.9% |
| Cash at bank and in hand | 54/58 | €1,482,122 | €42,884 | -€1.4m | -97.1% |
| Deferred charges and accrued income | 490/1 | €75,257 | €75,760 | +€503 | +0.7% |
| Total equity and liabilities | 10/49 | €18,494,884 | €17,122,428 | -€1.4m | -7.4% |
| Equity | 10/15 | €7,867,352 | €7,773,552 | -€93,801 | -1.2% |
| Contributions | 10/11 | €3,902,607 | €3,902,607 | = | 0.0% |
| Reserves | 13 | €4,809,356 | €4,809,356 | = | 0.0% |
| Non-distributable reserves | 130/1 | €339,356 | €0 | -€339,356 | -100% |
| Reserves not available under the articles | 1311 | €339,356 | €0 | -€339,356 | -100% |
| Distributable reserves | 133 | €4,470,000 | €4,809,356 | +€339,356 | +7.6% |
| Profit (loss) carried forward | 14 | -€844,610 | -€938,411 | -€93,801 | -11.1% |
| Amounts payable | 17/49 | €10,627,531 | €9,348,876 | -€1.3m | -12.0% |
| Amounts payable after more than one year | 17 | €10,436,665 | €9,286,665 | -€1.2m | -11.0% |
| Financial debts | 170/4 | €10,436,665 | €9,286,665 | -€1.2m | -11.0% |
| Amounts payable within one year | 42/48 | €190,867 | €55,415 | -€135,451 | -71.0% |
| Trade debts | 44 | €1,723 | €55,415 | +€53,693 | +3,117% |
| Suppliers | 440/4 | €1,723 | €55,415 | +€53,693 | +3,117% |
| Other amounts payable | 47/48 | €189,144 | - | -€189,144 | |
| Accrued charges and deferred income | 492/3 | - | €6,796 | +€6,796 | |
| Non-recurring operating income | 76A | €38,975 | €2,237 | -€36,738 | -94.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €633,816 | €557,987 | -€75,829 | -12.0% |
| Other operating charges | 640/8 | €8,454 | €11,935 | +€3,481 | +41.2% |
| Gross operating margin | 9900 | €96,226 | €20,092 | -€76,134 | -79.1% |
| Operating profit (loss) | 9901 | -€546,044 | -€549,830 | -€3,786 | -0.7% |
| Financial income | 75/76B | €280,873 | €194,882 | -€85,990 | -30.6% |
| Recurring financial income | 75 | €280,873 | €194,882 | -€85,990 | -30.6% |
| Financial charges | 65/66B | -€319,393 | €942 | +€320,335 | |
| Recurring financial charges | 65 | -€319,393 | €942 | +€320,335 | |
| Profit (loss) for the period before taxes | 9903 | €54,222 | -€355,889 | -€410,111 | |
| Income taxes | 67/77 | -€108,413 | -€132,021 | -€23,608 | -21.8% |
| Profit (loss) for the period | 9904 | €162,635 | -€223,868 | -€386,503 | |
| Profit (loss) for the period to be appropriated | 9905 | €162,635 | -€223,868 | -€386,503 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.