RICOLDE: 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.
RICOLDE
Largest movements
- Receivables after one year +€926,004
new in 2025: €926,004
- Cash +€49,851
up €49,851 (+285%), from €17,486 to €67,337
mainly Net result for the year (+€905,279) and Tax, wage and social debts (+€94,567)
- Reserves +€905,279
up €905,279 (+145%), from €625,720 to €1.5m
of which Distributable reserves: +€905,279
- Tax, wage and social debts +€94,567
up €94,567 (+365%), from €25,943 to €120,510
of which Taxes: +€95,151
- Other debts -€40,387
down €40,387 (-100%), from €40,387 to €0
- Debts after one year +€36,403
up €36,403 (+1,161%), from €3,136 to €39,539
of which Other amounts payable: +€36,403
- Financial income +€916,080
up €916,080 (+9,231%), from €9,924 to €926,004
- Taxes +€90,020
up €90,020 (+368%), from €24,490 to €114,510
- Gross operating margin +€8,887
up €8,887 (+10.2%), from €86,829 to €95,716
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 | €1,334,779 | €2,313,210 | +€978,431 | +73.3% |
| Fixed assets | 21/28 | €1,278,269 | €1,278,269 | = | 0.0% |
| Financial fixed assets | 28 | €1,278,269 | €1,278,269 | = | 0.0% |
| Current assets | 29/58 | €56,510 | €1,034,941 | +€978,431 | +1,731% |
| Amounts receivable after more than one year | 29 | - | €926,004 | +€926,004 | |
| Other amounts receivable | 291 | - | €926,004 | +€926,004 | |
| Amounts receivable within one year | 40/41 | €38,598 | €41,160 | +€2,562 | +6.6% |
| Trade receivables | 40 | €28,674 | €41,160 | +€12,486 | +43.5% |
| Other amounts receivable | 41 | €9,924 | €0 | -€9,924 | -100% |
| Cash at bank and in hand | 54/58 | €17,486 | €67,337 | +€49,851 | +285% |
| Deferred charges and accrued income | 490/1 | €427 | €441 | +€15 | +3.5% |
| Total equity and liabilities | 10/49 | €1,334,779 | €2,313,210 | +€978,431 | +73.3% |
| Equity | 10/15 | €1,245,720 | €2,150,999 | +€905,279 | +72.7% |
| Contributions | 10/11 | €620,000 | €620,000 | = | 0.0% |
| Reserves | 13 | €625,720 | €1,530,999 | +€905,279 | +145% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €625,720 | €1,530,999 | +€905,279 | +145% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €89,059 | €162,211 | +€73,152 | +82.1% |
| Amounts payable after more than one year | 17 | €3,136 | €39,539 | +€36,403 | +1,161% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €3,136 | €39,539 | +€36,403 | +1,161% |
| Amounts payable within one year | 42/48 | €85,299 | €122,574 | +€37,275 | +43.7% |
| Current portion of amounts payable after more than one year | 42 | €18,750 | €0 | -€18,750 | -100% |
| Trade debts | 44 | €220 | €2,064 | +€1,844 | +840% |
| Suppliers | 440/4 | €220 | €2,064 | +€1,844 | +840% |
| Taxes, remuneration and social security | 45 | €25,943 | €120,510 | +€94,567 | +365% |
| Taxes | 450/3 | €25,343 | €120,494 | +€95,151 | +375% |
| Remuneration and social security | 454/9 | €600 | €16 | -€584 | -97.3% |
| Other amounts payable | 47/48 | €40,387 | €0 | -€40,387 | -100% |
| Accrued charges and deferred income | 492/3 | €623 | €98 | -€525 | -84.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,868 | €1,764 | -€104 | -5.6% |
| Gross operating margin | 9900 | €86,829 | €95,716 | +€8,887 | +10.2% |
| Operating profit (loss) | 9901 | €84,961 | €93,952 | +€8,992 | +10.6% |
| Financial income | 75/76B | €9,924 | €926,004 | +€916,080 | +9,231% |
| Recurring financial income | 75 | €9,924 | €926,004 | +€916,080 | +9,231% |
| Financial charges | 65/66B | €823 | €167 | -€657 | -79.7% |
| Recurring financial charges | 65 | €823 | €167 | -€657 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | €94,061 | €1,019,789 | +€925,728 | +984% |
| Income taxes | 67/77 | €24,490 | €114,510 | +€90,020 | +368% |
| Profit (loss) for the period | 9904 | €69,571 | €905,279 | +€835,708 | +1,201% |
| Profit (loss) for the period to be appropriated | 9905 | €69,571 | €905,279 | +€835,708 | +1,201% |
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 16 October 2026 via checked.be.