RIK TANGHE: 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.
What changed
RIK TANGHE
NACE 46.319, Wholesale of fruit and vegetables, excluding potatoes
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€254,565
2024 · €9,048-€263,613
Equity
€789,247
2024 · €1.0m-€254,565
Cash
€23,844
2024 · €7,694+€16,150
Balance sheet total
€7.2m
2024 · €5.3m+€1.8m
Largest movements
Assets
- Tangible fixed assets +€2.0m
up €2.0m (+39.1%), from €5.1m to €7.1m
of which Land and buildings: +€2.0m
- Receivables within one year -€190,091
down €190,091 (-76.7%), from €247,961 to €57,870
of which Trade receivables: -€177,267
Equity and liabilities
- Debts after one year +€1.8m
up €1.8m (+76.9%), from €2.4m to €4.2m
of which Other amounts payable: +€2.0m
- Reserves -€403,912
down €403,912 (-34.4%), from €1.2m to €770,655
of which Distributable reserves: -€394,792
- Other debts +€378,581
up €378,581 (+47.1%), from €803,802 to €1.2m
- Current portion of long-term debt -€219,872
down €219,872 (-36.6%), from €600,274 to €380,402
- Profit (loss) carried forward +€149,347
up €149,347, from -€149,347 to €0
Income statement
- Financial charges +€190,284
up €190,284 (+215%), from €88,509 to €278,793
- Depreciation +€174,411
up €174,411 (+38.7%), from €451,155 to €625,566
- Gross operating margin +€70,045
up €70,045 (+11.0%), from €634,864 to €704,909
- Taxes -€10,446
down €10,446 (-32.1%), from €32,519 to €22,073
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.
Result 2024
€9,048
Gross operating margin
+€70,045
Depreciation
-€174,411
Other operating charges
+€3,534
Financial income
-€3
Financial charges
-€190,284
Taxes
+€10,446
Deferred taxes and other
+€17,060
Result 2025
-€254,565
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.0m
Investment
-€2.6m
Financing
+€1.6m
Cash 2024
€7,694
From operations (derived)
+€1.0m
Net result for the year
-€254,565
Depreciation
+€625,566
Receivables within one year
+€190,091
Deferred charges and accrued income
-€6,525
Provisions
-€3,040
Trade debts
+€105,560
Other debts
+€378,581
Investment (derived)
-€2.6m
Investment in fixed assets (net)
-€2.6m
Financing
+€1.6m
Debts after one year
+€1.8m
Current portion of long-term debt
-€219,872
Short-term financial debts
-€24,451
Cash 2025
€23,844
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,335,213 | €7,150,976 | +€1.8m | +34.0% |
| Fixed assets | 21/28 | €5,076,439 | €7,059,619 | +€2.0m | +39.1% |
| Tangible fixed assets | 22/27 | €5,075,199 | €7,058,379 | +€2.0m | +39.1% |
| Land and buildings | 22 | €2,145,229 | €4,146,687 | +€2.0m | +93.3% |
| Plant, machinery and equipment | 23 | €305,612 | €298,721 | -€6,891 | -2.3% |
| Furniture and vehicles | 24 | €45,527 | €29,728 | -€15,800 | -34.7% |
| Leasing and similar rights | 25 | €1,326,898 | €1,331,311 | +€4,412 | +0.3% |
| Other tangible fixed assets | 26 | €1,251,933 | €1,251,933 | = | 0.0% |
| Financial fixed assets | 28 | €1,239 | €1,239 | = | 0.0% |
| Current assets | 29/58 | €258,774 | €91,358 | -€167,416 | -64.7% |
| Amounts receivable within one year | 40/41 | €247,961 | €57,870 | -€190,091 | -76.7% |
| Trade receivables | 40 | €235,137 | €57,870 | -€177,267 | -75.4% |
| Other amounts receivable | 41 | €12,824 | €0 | -€12,824 | -100% |
| Cash at bank and in hand | 54/58 | €7,694 | €23,844 | +€16,150 | +210% |
| Deferred charges and accrued income | 490/1 | €3,119 | €9,644 | +€6,525 | +209% |
| Total equity and liabilities | 10/49 | €5,335,213 | €7,150,976 | +€1.8m | +34.0% |
| Equity | 10/15 | €1,043,812 | €789,247 | -€254,565 | -24.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,174,567 | €770,655 | -€403,912 | -34.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €77,276 | €68,156 | -€9,120 | -11.8% |
| Distributable reserves | 133 | €1,095,432 | €700,639 | -€394,792 | -36.0% |
| Profit (loss) carried forward | 14 | -€149,347 | €0 | +€149,347 | |
| Provisions and deferred taxes | 16 | €14,020 | €10,980 | -€3,040 | -21.7% |
| Deferred taxes | 168 | €14,020 | €10,980 | -€3,040 | -21.7% |
| Amounts payable | 17/49 | €4,277,381 | €6,350,750 | +€2.1m | +48.5% |
| Amounts payable after more than one year | 17 | €2,384,984 | €4,218,535 | +€1.8m | +76.9% |
| Financial debts | 170/4 | €2,384,984 | €2,238,029 | -€146,956 | -6.2% |
| Other amounts payable | 178/9 | - | €1,980,506 | +€2.0m | |
| Amounts payable within one year | 42/48 | €1,892,397 | €2,132,215 | +€239,818 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €600,274 | €380,402 | -€219,872 | -36.6% |
| Financial debts | 43 | €250,000 | €225,549 | -€24,451 | -9.8% |
| Credit institutions | 430/8 | €250,000 | €225,549 | -€24,451 | -9.8% |
| Trade debts | 44 | €238,321 | €343,881 | +€105,560 | +44.3% |
| Suppliers | 440/4 | €238,321 | €343,881 | +€105,560 | +44.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €803,802 | €1,182,384 | +€378,581 | +47.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €77,436 | €28,768 | -€48,668 | -62.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €451,155 | €625,566 | +€174,411 | +38.7% |
| Other operating charges | 640/8 | €39,616 | €36,081 | -€3,534 | -8.9% |
| Gross operating margin | 9900 | €634,864 | €704,909 | +€70,045 | +11.0% |
| Operating profit (loss) | 9901 | €144,093 | €43,261 | -€100,832 | -70.0% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €88,509 | €278,793 | +€190,284 | +215% |
| Recurring financial charges | 65 | €88,509 | €278,793 | +€190,284 | +215% |
| Profit (loss) for the period before taxes | 9903 | €55,586 | -€235,532 | -€291,118 | |
| Transfer from deferred taxes | 780 | €1,180 | €3,040 | +€1,860 | +158% |
| Transfer to deferred taxes | 680 | €15,200 | €0 | -€15,200 | -100% |
| Income taxes | 67/77 | €32,519 | €22,073 | -€10,446 | -32.1% |
| Profit (loss) for the period | 9904 | €9,048 | -€254,565 | -€263,613 | |
| Transfer from tax-exempt reserves | 789 | €3,541 | €9,120 | +€5,579 | +158% |
| Transfer to tax-exempt reserves | 689 | €45,600 | €0 | -€45,600 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,011 | -€245,445 | -€212,434 | -644% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.