RITCH DECOR: 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.
RITCH DECOR
Largest movements
- Tangible fixed assets +€214,711
up €214,711 (+1,807%), from €11,882 to €226,592
of which Land and buildings: +€213,310
- Cash -€36,373
down €36,373 (-25.3%), from €143,769 to €107,397
mainly Investment in fixed assets (net) (-€223,605) and Contributions, distributions and other (-€94,118)
- Stocks and contracts +€15,530
up €15,530 (+132%), from €11,780 to €27,310
- Receivables within one year +€5,141
up €5,141 (+62.6%), from €8,209 to €13,350
of which Trade receivables: +€2,582
- Debts after one year +€180,744
new in 2025: €180,744
- Other debts +€80,294
up €80,294 (+6,455%), from €1,244 to €81,538
- Reserves -€58,205
down €58,205 (-45.7%), from €127,483 to €69,278
- Current portion of long-term debt +€6,585
new in 2025: €6,585
- Tax, wage and social debts -€6,055
down €6,055 (-27.8%), from €21,745 to €15,691
of which Remuneration and social security: -€13,742
- Staff costs -€5,123
down €5,123 (-10.5%), from €48,773 to €43,650
- Financial charges +€3,964
up €3,964 (+1,219%), from €325 to €4,289
- Taxes -€3,554
down €3,554 (-37.1%), from €9,570 to €6,016
- Depreciation +€2,473
up €2,473 (+38.5%), from €6,421 to €8,894
- Gross operating margin -€2,058
down €2,058 (-2.0%), from €100,792 to €98,734
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 | €175,640 | €374,944 | +€199,304 | +113% |
| Fixed assets | 21/28 | €11,882 | €226,592 | +€214,711 | +1,807% |
| Tangible fixed assets | 22/27 | €11,882 | €226,592 | +€214,711 | +1,807% |
| Land and buildings | 22 | - | €213,310 | +€213,310 | |
| Plant, machinery and equipment | 23 | €5,353 | €11,071 | +€5,717 | +107% |
| Furniture and vehicles | 24 | €6,528 | €2,212 | -€4,317 | -66.1% |
| Current assets | 29/58 | €163,758 | €148,352 | -€15,406 | -9.4% |
| Stocks and contracts in progress | 3 | €11,780 | €27,310 | +€15,530 | +132% |
| Stocks | 30/36 | €11,780 | €27,310 | +€15,530 | +132% |
| Amounts receivable within one year | 40/41 | €8,209 | €13,350 | +€5,141 | +62.6% |
| Trade receivables | 40 | €1,386 | €3,968 | +€2,582 | +186% |
| Other amounts receivable | 41 | €6,823 | €9,382 | +€2,559 | +37.5% |
| Cash at bank and in hand | 54/58 | €143,769 | €107,397 | -€36,373 | -25.3% |
| Deferred charges and accrued income | 490/1 | - | €296 | +€296 | |
| Total equity and liabilities | 10/49 | €175,640 | €374,944 | +€199,304 | +113% |
| Equity | 10/15 | €142,483 | €84,278 | -€58,205 | -40.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €127,483 | €69,278 | -€58,205 | -45.7% |
| Distributable reserves | 133 | €127,483 | €69,278 | -€58,205 | -45.7% |
| Amounts payable | 17/49 | €33,157 | €290,666 | +€257,510 | +777% |
| Amounts payable after more than one year | 17 | - | €180,744 | +€180,744 | |
| Financial debts | 170/4 | - | €180,744 | +€180,744 | |
| Amounts payable within one year | 42/48 | €30,855 | €107,644 | +€76,789 | +249% |
| Current portion of amounts payable after more than one year | 42 | - | €6,585 | +€6,585 | |
| Trade debts | 44 | €7,865 | €3,831 | -€4,034 | -51.3% |
| Suppliers | 440/4 | €7,865 | €3,831 | -€4,034 | -51.3% |
| Taxes, remuneration and social security | 45 | €21,745 | €15,691 | -€6,055 | -27.8% |
| Taxes | 450/3 | €7,225 | €14,912 | +€7,687 | +106% |
| Remuneration and social security | 454/9 | €14,521 | €779 | -€13,742 | -94.6% |
| Other amounts payable | 47/48 | €1,244 | €81,538 | +€80,294 | +6,455% |
| Accrued charges and deferred income | 492/3 | €2,302 | €2,278 | -€24 | -1.0% |
| Remuneration, social security and pensions | 62 | €48,773 | €43,650 | -€5,123 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,421 | €8,894 | +€2,473 | +38.5% |
| Other operating charges | 640/8 | €1,407 | €1,179 | -€228 | -16.2% |
| Gross operating margin | 9900 | €100,792 | €98,734 | -€2,058 | -2.0% |
| Operating profit (loss) | 9901 | €44,190 | €45,010 | +€820 | +1.9% |
| Financial income | 75/76B | €543 | €1,208 | +€665 | +123% |
| Recurring financial income | 75 | €543 | €1,208 | +€665 | +123% |
| Financial charges | 65/66B | €325 | €4,289 | +€3,964 | +1,219% |
| Recurring financial charges | 65 | €325 | €4,289 | +€3,964 | +1,219% |
| Profit (loss) for the period before taxes | 9903 | €44,408 | €41,929 | -€2,479 | -5.6% |
| Income taxes | 67/77 | €9,570 | €6,016 | -€3,554 | -37.1% |
| Profit (loss) for the period | 9904 | €34,837 | €35,913 | +€1,075 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,837 | €35,913 | +€1,075 | +3.1% |
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 14 October 2026 via checked.be.