RicWard: what changed
Two fiscal 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.
RicWard
Largest movements
- Cash +€8,488
up €8,488 (+4.0%), from €210,220 to €218,708
mainly Net result for the year (+€54,790) and Investment in fixed assets (net) (+€4,095)
- Tangible fixed assets -€4,704
down €4,704 (-38.6%), from €12,179 to €7,474
- Receivables within one year -€3,763
down €3,763 (-26.1%), from €14,436 to €10,673
of which Trade receivables: -€3,768
- Intangible fixed assets -€3,000
down €3,000 (-12.5%), from €23,989 to €20,989
- Other debts -€30,957
down €30,957 (-40.0%), from €77,320 to €46,363
- Reserves +€30,000
up €30,000 (+50.0%), from €60,000 to €90,000
- Tax, wage and social debts -€23,979
down €23,979 (-82.0%), from €29,255 to €5,276
of which Taxes: -€23,979
- Profit (loss) carried forward +€19,790
up €19,790 (+30.0%), from €65,862 to €85,652
- Gross operating margin +€5,700
up €5,700 (+8.6%), from €66,634 to €72,335
- Taxes -€2,936
down €2,936 (-17.5%), from €16,818 to €13,882
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €260,823 | €257,935 | -€2,889 | -1.1% |
| Fixed assets | 21/28 | €36,168 | €28,463 | -€7,704 | -21.3% |
| Intangible fixed assets | 21 | €23,989 | €20,989 | -€3,000 | -12.5% |
| Tangible fixed assets | 22/27 | €12,179 | €7,474 | -€4,704 | -38.6% |
| Other tangible fixed assets | 26 | €12,179 | €7,474 | -€4,704 | -38.6% |
| Current assets | 29/58 | €224,656 | €229,471 | +€4,816 | +2.1% |
| Amounts receivable within one year | 40/41 | €14,436 | €10,673 | -€3,763 | -26.1% |
| Trade receivables | 40 | €14,436 | €10,668 | -€3,768 | -26.1% |
| Other amounts receivable | 41 | - | €5 | +€5 | |
| Cash at bank and in hand | 54/58 | €210,220 | €218,708 | +€8,488 | +4.0% |
| Deferred charges and accrued income | 490/1 | - | €90 | +€90 | |
| Total equity and liabilities | 10/49 | €260,823 | €257,935 | -€2,889 | -1.1% |
| Equity | 10/15 | €145,862 | €195,652 | +€49,790 | +34.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €60,000 | €90,000 | +€30,000 | +50.0% |
| Distributable reserves | 133 | €60,000 | €90,000 | +€30,000 | +50.0% |
| Profit (loss) carried forward | 14 | €65,862 | €85,652 | +€19,790 | +30.0% |
| Amounts payable | 17/49 | €114,962 | €62,283 | -€52,679 | -45.8% |
| Amounts payable within one year | 42/48 | €114,962 | €62,283 | -€52,679 | -45.8% |
| Trade debts | 44 | €8,386 | €10,644 | +€2,257 | +26.9% |
| Suppliers | 440/4 | €8,386 | €10,644 | +€2,257 | +26.9% |
| Taxes, remuneration and social security | 45 | €29,255 | €5,276 | -€23,979 | -82.0% |
| Taxes | 450/3 | €26,755 | €2,776 | -€23,979 | -89.6% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €77,320 | €46,363 | -€30,957 | -40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,722 | €3,609 | -€112 | -3.0% |
| Other operating charges | 640/8 | €113 | - | -€113 | |
| Gross operating margin | 9900 | €66,634 | €72,335 | +€5,700 | +8.6% |
| Operating profit (loss) | 9901 | €62,800 | €68,725 | +€5,926 | +9.4% |
| Financial income | 75/76B | €0 | €1 | +€1 | +1900.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1900.0% |
| Financial charges | 65/66B | €38 | €54 | +€15 | +40.4% |
| Recurring financial charges | 65 | €38 | €54 | +€15 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | €62,761 | €68,672 | +€5,911 | +9.4% |
| Income taxes | 67/77 | €16,818 | €13,882 | -€2,936 | -17.5% |
| Profit (loss) for the period | 9904 | €45,944 | €54,790 | +€8,847 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,944 | €54,790 | +€8,847 | +19.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.