Rik Cools: 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.
Rik Cools
Largest movements
- Tangible fixed assets -€13,864
down €13,864 (-28.6%), from €48,469 to €34,605
- Cash +€10,818
up €10,818 (+6.0%), from €180,323 to €191,142
mainly Depreciation (+€15,281) and Other debts (+€4,944)
- Other debts +€4,944
up €4,944 (+441.4%), from €1,120 to €6,064
- Debts after one year -€3,579
no longer reported in 2025 (was €3,579)
- Gross operating margin -€10,662
down €10,662 (-42.4%), from €25,136 to €14,475
- Depreciation -€2,645
down €2,645 (-14.8%), from €17,926 to €15,281
- Taxes -€1,780
down €1,780 (-88.1%), from €2,020 to €240
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 | €244,453 | €242,543 | -€1,909 | -0.8% |
| Fixed assets | 21/28 | €48,569 | €34,705 | -€13,864 | -28.5% |
| Tangible fixed assets | 22/27 | €48,469 | €34,605 | -€13,864 | -28.6% |
| Land and buildings | 22 | €24,409 | €19,539 | -€4,870 | -20.0% |
| Plant, machinery and equipment | 23 | €21,709 | €14,885 | -€6,824 | -31.4% |
| Furniture and vehicles | 24 | €363 | €181 | -€181 | -50.0% |
| Leasing and similar rights | 25 | €1,988 | - | -€1,988 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €195,884 | €207,838 | +€11,955 | +6.1% |
| Stocks and contracts in progress | 3 | €6,041 | €6,108 | +€68 | +1.1% |
| Stocks | 30/36 | €6,041 | €6,108 | +€68 | +1.1% |
| Amounts receivable within one year | 40/41 | €8,894 | €10,244 | +€1,350 | +15.2% |
| Other amounts receivable | 41 | €8,894 | €10,244 | +€1,350 | +15.2% |
| Cash at bank and in hand | 54/58 | €180,323 | €191,142 | +€10,818 | +6.0% |
| Deferred charges and accrued income | 490/1 | €626 | €345 | -€282 | -45.0% |
| Total equity and liabilities | 10/49 | €244,453 | €242,543 | -€1,909 | -0.8% |
| Equity | 10/15 | €237,877 | €236,479 | -€1,398 | -0.6% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €177,820 | €177,820 | = | 0.0% |
| Distributable reserves | 133 | €177,820 | €177,820 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57 | -€1,341 | -€1,398 | |
| Amounts payable | 17/49 | €6,575 | €6,064 | -€511 | -7.8% |
| Amounts payable after more than one year | 17 | €3,579 | - | -€3,579 | |
| Financial debts | 170/4 | €3,579 | - | -€3,579 | |
| Amounts payable within one year | 42/48 | €2,996 | €6,064 | +€3,068 | +102.4% |
| Current portion of amounts payable after more than one year | 42 | €1,690 | - | -€1,690 | |
| Trade debts | 44 | €186 | - | -€186 | |
| Suppliers | 440/4 | €186 | - | -€186 | |
| Other amounts payable | 47/48 | €1,120 | €6,064 | +€4,944 | +441.4% |
| Non-recurring operating income | 76A | €22 | - | -€22 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,926 | €15,281 | -€2,645 | -14.8% |
| Other operating charges | 640/8 | €206 | €128 | -€78 | -37.9% |
| Gross operating margin | 9900 | €25,136 | €14,475 | -€10,662 | -42.4% |
| Operating profit (loss) | 9901 | €7,004 | -€935 | -€7,939 | |
| Financial income | 75/76B | €42 | €17 | -€25 | -59.3% |
| Recurring financial income | 75 | €42 | €17 | -€25 | -59.3% |
| Financial charges | 65/66B | €269 | €241 | -€28 | -10.4% |
| Recurring financial charges | 65 | €269 | €241 | -€28 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €6,777 | -€1,158 | -€7,936 | |
| Income taxes | 67/77 | €2,020 | €240 | -€1,780 | -88.1% |
| Profit (loss) for the period | 9904 | €4,757 | -€1,398 | -€6,155 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,757 | -€1,398 | -€6,155 |
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 11 October 2026 via checked.be.