RICOBEL: 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.
RICOBEL
Largest movements
- Receivables within one year +€16,959
up €16,959 (+85.3%), from €19,870 to €36,829
of which Trade receivables: +€36,389
- Cash -€1,583
down €1,583 (-95.3%), from €1,661 to €77
mainly Other debts (-€17,780) and Receivables within one year (-€16,959)
- Profit (loss) carried forward +€32,835
up €32,835 (+36.8%), from -€89,155 to -€56,320
- Other debts -€17,780
down €17,780 (-18.1%), from €98,186 to €80,406
- Gross operating margin +€4,387
up €4,387 (+15.3%), from €28,581 to €32,968
- Other operating charges -€1,449
down €1,449 (-75.7%), from €1,915 to €465
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 | €21,817 | €37,137 | +€15,319 | +70.2% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €21,817 | €37,137 | +€15,319 | +70.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €19,870 | €36,829 | +€16,959 | +85.3% |
| Trade receivables | 40 | €0 | €36,389 | +€36,389 | |
| Other amounts receivable | 41 | €19,870 | €440 | -€19,430 | -97.8% |
| Cash at bank and in hand | 54/58 | €1,661 | €77 | -€1,583 | -95.3% |
| Deferred charges and accrued income | 490/1 | €287 | €231 | -€56 | -19.6% |
| Total equity and liabilities | 10/49 | €21,817 | €37,137 | +€15,319 | +70.2% |
| Equity | 10/15 | -€76,755 | -€43,920 | +€32,835 | +42.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,155 | -€56,320 | +€32,835 | +36.8% |
| Amounts payable | 17/49 | €98,572 | €81,057 | -€17,516 | -17.8% |
| Amounts payable within one year | 42/48 | €98,572 | €81,055 | -€17,517 | -17.8% |
| Trade debts | 44 | €386 | €649 | +€263 | +68.2% |
| Suppliers | 440/4 | €386 | €649 | +€263 | +68.2% |
| Other amounts payable | 47/48 | €98,186 | €80,406 | -€17,780 | -18.1% |
| Accrued charges and deferred income | 492/3 | - | €1 | +€1 | |
| Non-recurring operating income | 76A | €110 | €386 | +€276 | +250% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,915 | €465 | -€1,449 | -75.7% |
| Gross operating margin | 9900 | €28,581 | €32,968 | +€4,387 | +15.3% |
| Operating profit (loss) | 9901 | €26,667 | €32,503 | +€5,836 | +21.9% |
| Financial income | 75/76B | €336 | €378 | +€43 | +12.7% |
| Recurring financial income | 75 | €336 | €378 | +€43 | +12.7% |
| Financial charges | 65/66B | €32 | €46 | +€15 | +46.7% |
| Recurring financial charges | 65 | €32 | €46 | +€15 | +46.7% |
| Profit (loss) for the period before taxes | 9903 | €26,971 | €32,835 | +€5,864 | +21.7% |
| Profit (loss) for the period | 9904 | €26,971 | €32,835 | +€5,864 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,971 | €32,835 | +€5,864 | +21.7% |
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 13 October 2026 via checked.be.