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RICKS: what changed

Two fiscal 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

RICKS

BE 0460.458.703
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€5,032
2024 · €136,049-€141,081
Equity
€235,728
2024 · €240,760-€5,032
Cash
€3,206
2024 · €8,940-€5,734
Balance sheet total
€404,548
2024 · €419,000-€14,452

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€7,572

    down €7,572 (-2.5%), from €307,913 to €300,341

  • Cash -€5,734

    down €5,734 (-64.1%), from €8,940 to €3,206

    mainly Trade debts (-€6,420) and Net result for the year (-€5,032)

Equity and liabilities
  • Trade debts -€6,420

    down €6,420 (-95.9%), from €6,697 to €277

  • Profit (loss) carried forward -€5,032

    down €5,032 (-2.3%), from €220,554 to €215,521

Income statement
  • Gross operating margin -€256,589

    down €256,589 (-98.3%), from €260,965 to €4,376

  • Depreciation -€66,252

    down €66,252 (-89.7%), from €73,823 to €7,572

  • Taxes -€49,991

    down €49,991 (-100.0%), from €49,991 to €0

From the 2024 result to the 2025 result

effect on the 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 €136,049
Gross operating margin -€256,589
Depreciation +€66,252
Other operating charges -€735
Taxes +€49,991
Result 2025 -€5,032

Cash bridge derived

cash 2024 to 2025

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 -€5,734
Investment €0
Financing €0
Cash 2024 €8,940
Net result for the year -€5,032
Depreciation +€7,572
Receivables within one year +€1,146
Trade debts -€6,420
Other debts -€3,000
Cash 2025 €3,206
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €419,000 €404,548 -€14,452 -3.4%
Fixed assets 21/28 €307,913 €300,341 -€7,572 -2.5%
Tangible fixed assets 22/27 €307,913 €300,341 -€7,572 -2.5%
Land and buildings 22 €307,913 €300,341 -€7,572 -2.5%
Current assets 29/58 €111,087 €104,207 -€6,881 -6.2%
Amounts receivable after more than one year 29 €25,000 €25,000 = 0.0%
Other amounts receivable 291 €25,000 €25,000 = 0.0%
Amounts receivable within one year 40/41 €77,147 €76,001 -€1,146 -1.5%
Other amounts receivable 41 €77,147 €76,001 -€1,146 -1.5%
Cash at bank and in hand 54/58 €8,940 €3,206 -€5,734 -64.1%
Total equity and liabilities 10/49 €419,000 €404,548 -€14,452 -3.4%
Equity 10/15 €240,760 €235,728 -€5,032 -2.1%
Contributions 10/11 €18,347 €18,347 = 0.0%
Revaluation surpluses 12 €0 - =
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Other 1319 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €220,554 €215,521 -€5,032 -2.3%
Amounts payable 17/49 €178,240 €168,820 -€9,420 -5.3%
Amounts payable after more than one year 17 €0 - =
Financial debts 170/4 €0 - =
Amounts payable within one year 42/48 €178,240 €168,820 -€9,420 -5.3%
Trade debts 44 €6,697 €277 -€6,420 -95.9%
Suppliers 440/4 €6,697 €277 -€6,420 -95.9%
Taxes, remuneration and social security 45 €49,991 €49,991 = 0.0%
Taxes 450/3 €49,991 €49,991 = 0.0%
Other amounts payable 47/48 €121,552 €118,552 -€3,000 -2.5%
Non-recurring operating income 76A - €0 =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €73,823 €7,572 -€66,252 -89.7%
Other operating charges 640/8 €747 €1,482 +€735 +98.5%
Gross operating margin 9900 €260,965 €4,376 -€256,589 -98.3%
Operating profit (loss) 9901 €186,395 -€4,677 -€191,072
Financial charges 65/66B €355 €355 = 0.0%
Recurring financial charges 65 €355 €355 = 0.0%
Profit (loss) for the period before taxes 9903 €186,040 -€5,032 -€191,072
Income taxes 67/77 €49,991 €0 -€49,991 -100.0%
Profit (loss) for the period 9904 €136,049 -€5,032 -€141,081
Profit (loss) for the period to be appropriated 9905 €136,049 -€5,032 -€141,081

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.