RICO E.M.G.: 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.
RICO E.M.G.
Largest movements
- Stocks and contracts -€80,000
no longer reported in 2025 (was €80,000)
- Cash -€3,949
down €3,949 (-85.5%), from €4,620 to €671
mainly Debts after one year (-€80,000) and Deferred charges and accrued income (-€3,000)
- Deferred charges and accrued income +€3,000
up €3,000 (+11.2%), from €26,722 to €29,722
- Debts after one year -€80,000
down €80,000 (-36.4%), from €219,900 to €139,900
- Other debts -€2,719
down €2,719 (-25.1%), from €10,846 to €8,127
- Gross operating margin +€1,416
up €1,416 (+67.8%), from -€2,087 to -€672
- Financial income -€1,276
down €1,276 (-29.8%), from €4,281 to €3,005
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €249,874 | €168,944 | -€80,930 | -32.4% |
| Fixed assets | 21/28 | €10,000 | €10,000 | = | 0.0% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €239,874 | €158,944 | -€80,930 | -33.7% |
| Stocks and contracts in progress | 3 | €80,000 | - | -€80,000 | |
| Contracts in progress | 37 | €80,000 | - | -€80,000 | |
| Amounts receivable within one year | 40/41 | €128,532 | €128,551 | +€19 | 0.0% |
| Other amounts receivable | 41 | €128,532 | €128,551 | +€19 | 0.0% |
| Cash at bank and in hand | 54/58 | €4,620 | €671 | -€3,949 | -85.5% |
| Deferred charges and accrued income | 490/1 | €26,722 | €29,722 | +€3,000 | +11.2% |
| Total equity and liabilities | 10/49 | €249,874 | €168,944 | -€80,930 | -32.4% |
| Equity | 10/15 | €18,524 | €20,134 | +€1,611 | +8.7% |
| Contributions | 10/11 | €69,410 | €69,410 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,887 | -€49,276 | +€1,611 | +3.2% |
| Amounts payable | 17/49 | €231,351 | €148,810 | -€82,541 | -35.7% |
| Amounts payable after more than one year | 17 | €219,900 | €139,900 | -€80,000 | -36.4% |
| Financial debts | 170/4 | €219,900 | €139,900 | -€80,000 | -36.4% |
| Amounts payable within one year | 42/48 | €11,451 | €8,910 | -€2,541 | -22.2% |
| Trade debts | 44 | €605 | €783 | +€178 | +29.4% |
| Suppliers | 440/4 | €605 | €783 | +€178 | +29.4% |
| Other amounts payable | 47/48 | €10,846 | €8,127 | -€2,719 | -25.1% |
| Other operating charges | 640/8 | €663 | €679 | +€16 | +2.4% |
| Gross operating margin | 9900 | -€2,087 | -€672 | +€1,416 | +67.8% |
| Operating profit (loss) | 9901 | -€2,750 | -€1,351 | +€1,400 | +50.9% |
| Financial income | 75/76B | €4,281 | €3,005 | -€1,276 | -29.8% |
| Recurring financial income | 75 | €4,281 | €3,005 | -€1,276 | -29.8% |
| Financial charges | 65/66B | €35 | €42 | +€7 | +20.3% |
| Recurring financial charges | 65 | €35 | €42 | +€7 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | €1,496 | €1,612 | +€117 | +7.8% |
| Income taxes | 67/77 | €0 | €1 | +€1 | +2,333% |
| Profit (loss) for the period | 9904 | €1,496 | €1,611 | +€115 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,496 | €1,611 | +€115 | +7.7% |
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 19 October 2026 via checked.be.