RICNIC: 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.
RICNIC
Largest movements
- Tangible fixed assets -€20,388
down €20,388 (-33.0%), from €61,783 to €41,395
of which Land and buildings: -€26,667
- Cash -€13,905
down €13,905 (-60.8%), from €22,855 to €8,950
mainly Net result for the year (-€39,946) and Investment in fixed assets (net) (-€9,721)
- Receivables within one year +€7,702
up €7,702 (+60.8%), from €12,662 to €20,364
of which Trade receivables: +€7,171
- Profit (loss) carried forward -€39,946
down €39,946 (-41.6%), from -€95,959 to -€135,905
- Trade debts +€7,393
up €7,393 (+85.9%), from €8,602 to €15,995
- Other debts +€4,859
up €4,859 (+174.7%), from €2,782 to €7,641
- Provisions +€1,201
up €1,201 (+0.9%), from €139,370 to €140,571
- Depreciation +€22,486
up €22,486 (+295.0%), from €7,623 to €30,109
- Staff costs +€10,718
up €10,718 (+25.3%), from €42,293 to €53,011
- Gross operating margin -€4,053
down €4,053 (-6.7%), from €60,489 to €56,436
- Financial charges +€1,339
up €1,339 (+13.1%), from €10,192 to €11,531
- Financial income +€850
up €850 (+336.0%), from €253 to €1,103
From the 2022 result to the 2023 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.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,928 | €72,073 | -€25,855 | -26.4% |
| Fixed assets | 21/28 | €61,983 | €41,595 | -€20,388 | -32.9% |
| Tangible fixed assets | 22/27 | €61,783 | €41,395 | -€20,388 | -33.0% |
| Land and buildings | 22 | €53,334 | €26,667 | -€26,667 | -50.0% |
| Plant, machinery and equipment | 23 | €2,434 | €1,096 | -€1,338 | -55.0% |
| Furniture and vehicles | 24 | - | €8,820 | +€8,820 | |
| Other tangible fixed assets | 26 | €6,015 | €4,812 | -€1,203 | -20.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €35,945 | €30,478 | -€5,467 | -15.2% |
| Stocks and contracts in progress | 3 | €428 | €676 | +€248 | +57.9% |
| Stocks | 30/36 | €428 | €676 | +€248 | +57.9% |
| Amounts receivable within one year | 40/41 | €12,662 | €20,364 | +€7,702 | +60.8% |
| Trade receivables | 40 | €12,067 | €19,238 | +€7,171 | +59.4% |
| Other amounts receivable | 41 | €595 | €1,126 | +€531 | +89.2% |
| Cash at bank and in hand | 54/58 | €22,855 | €8,950 | -€13,905 | -60.8% |
| Deferred charges and accrued income | 490/1 | - | €488 | +€488 | |
| Total equity and liabilities | 10/49 | €97,928 | €72,073 | -€25,855 | -26.4% |
| Equity | 10/15 | -€62,501 | -€102,447 | -€39,946 | -63.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €21,058 | €21,058 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €19,198 | €21,058 | +€1,860 | +9.7% |
| Profit (loss) carried forward | 14 | -€95,959 | -€135,905 | -€39,946 | -41.6% |
| Provisions and deferred taxes | 16 | €139,370 | €140,571 | +€1,201 | +0.9% |
| Provisions for liabilities and charges | 160/5 | €139,370 | €140,571 | +€1,201 | +0.9% |
| Environmental obligations | 163 | €139,370 | €140,571 | +€1,201 | +0.9% |
| Amounts payable | 17/49 | €21,059 | €33,949 | +€12,890 | +61.2% |
| Amounts payable within one year | 42/48 | €18,533 | €31,359 | +€12,826 | +69.2% |
| Trade debts | 44 | €8,602 | €15,995 | +€7,393 | +85.9% |
| Suppliers | 440/4 | €8,602 | €15,995 | +€7,393 | +85.9% |
| Taxes, remuneration and social security | 45 | €7,149 | €7,723 | +€574 | +8.0% |
| Taxes | 450/3 | €1,140 | €1,500 | +€360 | +31.6% |
| Remuneration and social security | 454/9 | €6,009 | €6,223 | +€214 | +3.6% |
| Other amounts payable | 47/48 | €2,782 | €7,641 | +€4,859 | +174.7% |
| Accrued charges and deferred income | 492/3 | €2,526 | €2,590 | +€64 | +2.5% |
| Remuneration, social security and pensions | 62 | €42,293 | €53,011 | +€10,718 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,623 | €30,109 | +€22,486 | +295.0% |
| Other operating charges | 640/8 | €2,169 | €2,702 | +€533 | +24.6% |
| Gross operating margin | 9900 | €60,489 | €56,436 | -€4,053 | -6.7% |
| Operating profit (loss) | 9901 | €8,404 | -€29,386 | -€37,790 | |
| Financial income | 75/76B | €253 | €1,103 | +€850 | +336.0% |
| Recurring financial income | 75 | €253 | €1,103 | +€850 | +336.0% |
| Financial charges | 65/66B | €10,192 | €11,531 | +€1,339 | +13.1% |
| Recurring financial charges | 65 | €10,192 | €11,531 | +€1,339 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,535 | -€39,814 | -€38,279 | -2493.7% |
| Income taxes | 67/77 | €120 | €132 | +€12 | +10.0% |
| Profit (loss) for the period | 9904 | -€1,655 | -€39,946 | -€38,291 | -2313.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,655 | -€39,946 | -€38,291 | -2313.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.