RICOCHET: 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.
RICOCHET
Largest movements
- Receivables within one year -€33,827
down €33,827 (-26.2%), from €128,962 to €95,134
of which Other amounts receivable: -€30,372
- Current portion of long-term debt -€21,456
down €21,456 (-77.9%), from €27,557 to €6,101
- Trade debts -€18,685
down €18,685 (-51.3%), from €36,440 to €17,755
- Reserves +€12,683
up €12,683 (+11.2%), from €113,163 to €125,846
of which Distributable reserves: +€12,683
- Debts after one year -€5,429
down €5,429 (-15.3%), from €35,429 to €30,000
- Gross operating margin -€20,779
down €20,779 (-58.8%), from €35,331 to €14,551
- Taxes +€915
new in 2025: €915
- Financial charges -€610
down €610 (-53.8%), from €1,134 to €523
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.
Cash bridge derived
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 | €248,853 | €214,960 | -€33,893 | -13.6% |
| Fixed assets | 21/28 | €119,764 | €119,733 | -€31 | 0.0% |
| Tangible fixed assets | 22/27 | €185 | €154 | -€31 | -16.7% |
| Plant, machinery and equipment | 23 | €185 | €154 | -€31 | -16.7% |
| Financial fixed assets | 28 | €119,579 | €119,579 | = | 0.0% |
| Current assets | 29/58 | €129,089 | €95,227 | -€33,862 | -26.2% |
| Amounts receivable within one year | 40/41 | €128,962 | €95,134 | -€33,827 | -26.2% |
| Trade receivables | 40 | €6,679 | €3,224 | -€3,455 | -51.7% |
| Other amounts receivable | 41 | €122,283 | €91,911 | -€30,372 | -24.8% |
| Cash at bank and in hand | 54/58 | €127 | €92 | -€35 | -27.4% |
| Total equity and liabilities | 10/49 | €248,853 | €214,960 | -€33,893 | -13.6% |
| Equity | 10/15 | €131,755 | €144,438 | +€12,683 | +9.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €113,163 | €125,846 | +€12,683 | +11.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,500 | €42,500 | = | 0.0% |
| Distributable reserves | 133 | €68,804 | €81,487 | +€12,683 | +18.4% |
| Provisions and deferred taxes | 16 | €15,000 | €15,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,000 | €15,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable | 17/49 | €102,097 | €55,521 | -€46,576 | -45.6% |
| Amounts payable after more than one year | 17 | €35,429 | €30,000 | -€5,429 | -15.3% |
| Financial debts | 170/4 | €35,429 | €30,000 | -€5,429 | -15.3% |
| Amounts payable within one year | 42/48 | €65,857 | €25,521 | -€40,335 | -61.2% |
| Current portion of amounts payable after more than one year | 42 | €27,557 | €6,101 | -€21,456 | -77.9% |
| Trade debts | 44 | €36,440 | €17,755 | -€18,685 | -51.3% |
| Suppliers | 440/4 | €36,440 | €17,755 | -€18,685 | -51.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,860 | €1,665 | -€195 | -10.5% |
| Taxes | 450/3 | €1,860 | €1,665 | -€195 | -10.5% |
| Accrued charges and deferred income | 492/3 | €812 | €0 | -€812 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31 | €31 | = | 0.0% |
| Other operating charges | 640/8 | €502 | €399 | -€103 | -20.5% |
| Gross operating margin | 9900 | €35,331 | €14,551 | -€20,779 | -58.8% |
| Operating profit (loss) | 9901 | €34,797 | €14,121 | -€20,676 | -59.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,134 | €523 | -€610 | -53.8% |
| Recurring financial charges | 65 | €1,134 | €523 | -€610 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | €33,664 | €13,598 | -€20,066 | -59.6% |
| Income taxes | 67/77 | - | €915 | +€915 | |
| Profit (loss) for the period | 9904 | €33,664 | €12,683 | -€20,981 | -62.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,664 | €12,683 | -€20,981 | -62.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.