RICHOLD BELGIUM: what changed
RICHOLD BELGIUM
Largest movements
- Receivables within one year -€187,133
down €187,133 (-13.7%), from €1.4m to €1.2m
of which Trade receivables: -€182,081
- Cash +€48,877
up €48,877 (+10.3%), from €472,675 to €521,552
mainly Receivables within one year (+€187,133) and Trade debts (+€38,448)
- Tangible fixed assets +€23,347
new in 2026: €23,347
- Debts after one year -€115,001
down €115,001 (-13.1%), from €875,001 to €760,000
- Trade debts +€38,448
up €38,448 (+7.9%), from €485,163 to €523,611
- Tax, wage and social debts -€25,937
down €25,937 (-29.3%), from €88,564 to €62,627
of which Remuneration and social security: -€43,909
- Financial charges +€187,395
up €187,395 (+304%), from €61,591 to €248,986
- Staff costs -€101,359
down €101,359 (-18.2%), from €556,000 to €454,642
- Gross operating margin +€31,206
up €31,206 (+5.5%), from €571,818 to €603,023
- Financial income +€26,003
up €26,003 (+28.3%), from €91,825 to €117,828
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,251,395 | €2,146,583 | -€104,812 | -4.7% |
| Fixed assets | 21/28 | €3,227 | €26,574 | +€23,347 | +723% |
| Tangible fixed assets | 22/27 | - | €23,347 | +€23,347 | |
| Plant, machinery and equipment | 23 | - | €23,347 | +€23,347 | |
| Financial fixed assets | 28 | €3,227 | €3,227 | = | 0.0% |
| Current assets | 29/58 | €2,248,167 | €2,120,008 | -€128,159 | -5.7% |
| Stocks and contracts in progress | 3 | €406,056 | €416,153 | +€10,097 | +2.5% |
| Stocks | 30/36 | €406,056 | €416,153 | +€10,097 | +2.5% |
| Amounts receivable within one year | 40/41 | €1,369,437 | €1,182,304 | -€187,133 | -13.7% |
| Trade receivables | 40 | €1,290,991 | €1,108,909 | -€182,081 | -14.1% |
| Other amounts receivable | 41 | €78,446 | €73,394 | -€5,051 | -6.4% |
| Cash at bank and in hand | 54/58 | €472,675 | €521,552 | +€48,877 | +10.3% |
| Total equity and liabilities | 10/49 | €2,251,395 | €2,146,583 | -€104,812 | -4.7% |
| Equity | 10/15 | €802,667 | €800,345 | -€2,322 | -0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €784,067 | €781,745 | -€2,322 | -0.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €782,207 | €779,885 | -€2,322 | -0.3% |
| Amounts payable | 17/49 | €1,448,728 | €1,346,238 | -€102,490 | -7.1% |
| Amounts payable after more than one year | 17 | €875,001 | €760,000 | -€115,001 | -13.1% |
| Other amounts payable | 178/9 | €875,001 | €760,000 | -€115,001 | -13.1% |
| Amounts payable within one year | 42/48 | €573,727 | €586,238 | +€12,511 | +2.2% |
| Trade debts | 44 | €485,163 | €523,611 | +€38,448 | +7.9% |
| Suppliers | 440/4 | €485,163 | €523,611 | +€38,448 | +7.9% |
| Taxes, remuneration and social security | 45 | €88,564 | €62,627 | -€25,937 | -29.3% |
| Taxes | 450/3 | €9,837 | €27,809 | +€17,972 | +183% |
| Remuneration and social security | 454/9 | €78,727 | €34,818 | -€43,909 | -55.8% |
| Remuneration, social security and pensions | 62 | €556,000 | €454,642 | -€101,359 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,351 | €5,520 | +€4,169 | +308% |
| Other operating charges | 640/8 | €4,325 | €4,454 | +€129 | +3.0% |
| Gross operating margin | 9900 | €571,818 | €603,023 | +€31,206 | +5.5% |
| Operating profit (loss) | 9901 | €10,141 | €138,408 | +€128,267 | +1,265% |
| Financial income | 75/76B | €91,825 | €117,828 | +€26,003 | +28.3% |
| Recurring financial income | 75 | €91,825 | €117,828 | +€26,003 | +28.3% |
| Financial charges | 65/66B | €61,591 | €248,986 | +€187,395 | +304% |
| Recurring financial charges | 65 | €61,591 | €248,986 | +€187,395 | +304% |
| Profit (loss) for the period before taxes | 9903 | €40,375 | €7,250 | -€33,125 | -82.0% |
| Income taxes | 67/77 | €9,837 | €9,572 | -€266 | -2.7% |
| Profit (loss) for the period | 9904 | €30,537 | -€2,322 | -€32,860 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,537 | -€2,322 | -€32,860 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.