Rijckaert Ellen: 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.
Rijckaert Ellen
Largest movements
- Cash +€40,858
up €40,858 (+77.3%), from €52,842 to €93,700
mainly Other debts (+€85,226) and Net result for the year (+€34,471)
- Receivables within one year -€8,950
down €8,950 (-75.1%), from €11,913 to €2,963
- Other debts +€85,226
up €85,226 (+1,201%), from €7,096 to €92,322
- Profit (loss) carried forward -€40,529
down €40,529 (-97.8%), from €41,444 to €915
- Reserves -€10,000
down €10,000 (-100%), from €10,000 to €0
- Trade debts -€2,826
down €2,826 (-100%), from €2,826 to €0
- Gross operating margin +€48,799
up €48,799, from -€845 to €47,954
- Taxes +€8,942
up €8,942 (+9,464%), from €94 to €9,037
- Financial charges +€788
up €788 (+56.1%), from €1,406 to €2,194
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 | €69,481 | €101,351 | +€31,871 | +45.9% |
| Fixed assets | 21/28 | €4,028 | €3,956 | -€72 | -1.8% |
| Tangible fixed assets | 22/27 | €4,028 | €3,956 | -€72 | -1.8% |
| Plant, machinery and equipment | 23 | €3,715 | €3,956 | +€240 | +6.5% |
| Furniture and vehicles | 24 | €312 | €0 | -€312 | -100% |
| Current assets | 29/58 | €65,453 | €97,396 | +€31,943 | +48.8% |
| Amounts receivable within one year | 40/41 | €11,913 | €2,963 | -€8,950 | -75.1% |
| Other amounts receivable | 41 | €11,913 | €2,963 | -€8,950 | -75.1% |
| Cash at bank and in hand | 54/58 | €52,842 | €93,700 | +€40,858 | +77.3% |
| Deferred charges and accrued income | 490/1 | €698 | €733 | +€35 | +5.0% |
| Total equity and liabilities | 10/49 | €69,481 | €101,351 | +€31,871 | +45.9% |
| Equity | 10/15 | €57,444 | €6,915 | -€50,529 | -88.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €0 | -€10,000 | -100% |
| Distributable reserves | 133 | €10,000 | €0 | -€10,000 | -100% |
| Profit (loss) carried forward | 14 | €41,444 | €915 | -€40,529 | -97.8% |
| Amounts payable | 17/49 | €12,037 | €94,437 | +€82,400 | +685% |
| Amounts payable within one year | 42/48 | €12,037 | €94,437 | +€82,400 | +685% |
| Trade debts | 44 | €2,826 | €0 | -€2,826 | -100% |
| Suppliers | 440/4 | €2,826 | €0 | -€2,826 | -100% |
| Taxes, remuneration and social security | 45 | €2,115 | €2,115 | = | 0.0% |
| Taxes | 450/3 | €2,115 | €2,115 | = | 0.0% |
| Other amounts payable | 47/48 | €7,096 | €92,322 | +€85,226 | +1,201% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,116 | €1,401 | +€285 | +25.6% |
| Other operating charges | 640/8 | €525 | €851 | +€327 | +62.2% |
| Gross operating margin | 9900 | -€845 | €47,954 | +€48,799 | |
| Operating profit (loss) | 9901 | -€2,486 | €45,701 | +€48,187 | |
| Financial charges | 65/66B | €1,406 | €2,194 | +€788 | +56.1% |
| Recurring financial charges | 65 | €1,406 | €2,194 | +€788 | +56.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,892 | €43,507 | +€47,399 | |
| Income taxes | 67/77 | €94 | €9,037 | +€8,942 | +9,464% |
| Profit (loss) for the period | 9904 | -€3,986 | €34,471 | +€38,457 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,986 | €34,471 | +€38,457 |
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 27 October 2026 via checked.be.