RICON: 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.
RICON
Largest movements
- Receivables after one year +€111,240
new in 2025: €111,240
- Deferred charges and accrued income +€81,228
up €81,228, from €0 to €81,228
- Tangible fixed assets -€10,247
down €10,247 (-1.9%), from €547,299 to €537,052
of which Land and buildings: -€12,951
- Financial fixed assets -€10,000
down €10,000 (-100%), from €10,000 to €0
- Reserves +€242,687
up €242,687 (+150%), from €162,165 to €404,852
of which Distributable reserves: +€242,687
- Short-term financial debts -€61,439
down €61,439 (-100%), from €61,439 to €0
- Debts after one year -€17,366
down €17,366 (-6.2%), from €281,264 to €263,899
- Tax, wage and social debts +€9,128
up €9,128 (+50.3%), from €18,140 to €27,268
- Other debts -€8,929
down €8,929 (-100%), from €8,929 to €0
- Gross operating margin +€196,037
up €196,037 (+168%), from €116,612 to €312,649
- Depreciation +€22,427
up €22,427 (+116%), from €19,369 to €41,796
- Financial income +€6,195
up €6,195, from €0 to €6,195
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 | €576,903 | €746,587 | +€169,684 | +29.4% |
| Fixed assets | 21/28 | €557,299 | €537,052 | -€20,247 | -3.6% |
| Tangible fixed assets | 22/27 | €547,299 | €537,052 | -€10,247 | -1.9% |
| Land and buildings | 22 | €433,494 | €420,542 | -€12,951 | -3.0% |
| Furniture and vehicles | 24 | €113,806 | €116,510 | +€2,704 | +2.4% |
| Financial fixed assets | 28 | €10,000 | €0 | -€10,000 | -100% |
| Current assets | 29/58 | €19,604 | €209,534 | +€189,931 | +969% |
| Amounts receivable after more than one year | 29 | - | €111,240 | +€111,240 | |
| Other amounts receivable | 291 | - | €111,240 | +€111,240 | |
| Amounts receivable within one year | 40/41 | €10,162 | €12,475 | +€2,313 | +22.8% |
| Trade receivables | 40 | €10,162 | €11,439 | +€1,277 | +12.6% |
| Other amounts receivable | 41 | €0 | €1,036 | +€1,036 | |
| Cash at bank and in hand | 54/58 | €9,442 | €4,591 | -€4,851 | -51.4% |
| Deferred charges and accrued income | 490/1 | €0 | €81,228 | +€81,228 | |
| Total equity and liabilities | 10/49 | €576,903 | €746,587 | +€169,684 | +29.4% |
| Equity | 10/15 | €187,665 | €430,352 | +€242,687 | +129% |
| Contributions | 10/11 | €25,500 | €25,500 | = | 0.0% |
| Reserves | 13 | €162,165 | €404,852 | +€242,687 | +150% |
| Tax-exempt reserves | 132 | €5,160 | €5,160 | = | 0.0% |
| Distributable reserves | 133 | €157,005 | €399,691 | +€242,687 | +155% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €389,238 | €316,235 | -€73,003 | -18.8% |
| Amounts payable after more than one year | 17 | €281,264 | €263,899 | -€17,366 | -6.2% |
| Financial debts | 170/4 | €281,264 | €263,899 | -€17,366 | -6.2% |
| Amounts payable within one year | 42/48 | €107,974 | €52,336 | -€55,637 | -51.5% |
| Current portion of amounts payable after more than one year | 42 | €17,041 | €17,366 | +€325 | +1.9% |
| Financial debts | 43 | €61,439 | €0 | -€61,439 | -100% |
| Credit institutions | 430/8 | €61,439 | €0 | -€61,439 | -100% |
| Trade debts | 44 | €2,424 | €7,703 | +€5,278 | +218% |
| Suppliers | 440/4 | €2,424 | €7,703 | +€5,278 | +218% |
| Taxes, remuneration and social security | 45 | €18,140 | €27,268 | +€9,128 | +50.3% |
| Taxes | 450/3 | €18,140 | €27,268 | +€9,128 | +50.3% |
| Other amounts payable | 47/48 | €8,929 | €0 | -€8,929 | -100% |
| Non-recurring operating income | 76A | - | €295,099 | +€295,099 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,369 | €41,796 | +€22,427 | +116% |
| Other operating charges | 640/8 | €1,322 | €2,155 | +€833 | +63.0% |
| Non-recurring operating charges | 66A | €1,549 | €0 | -€1,549 | -100% |
| Gross operating margin | 9900 | €116,612 | €312,649 | +€196,037 | +168% |
| Operating profit (loss) | 9901 | €94,371 | €268,697 | +€174,326 | +185% |
| Financial income | 75/76B | €0 | €6,195 | +€6,195 | |
| Recurring financial income | 75 | €0 | €6,195 | +€6,195 | |
| Financial charges | 65/66B | €8,132 | €7,793 | -€339 | -4.2% |
| Recurring financial charges | 65 | €8,132 | €7,793 | -€339 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €86,239 | €267,099 | +€180,861 | +210% |
| Income taxes | 67/77 | €23,266 | €24,413 | +€1,146 | +4.9% |
| Profit (loss) for the period | 9904 | €62,972 | €242,687 | +€179,714 | +285% |
| Profit (loss) for the period to be appropriated | 9905 | €62,972 | €242,687 | +€179,714 | +285% |
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 30 October 2026 via checked.be.