RITMIK: 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.
RITMIK
Largest movements
- Tangible fixed assets -€28,152
down €28,152 (-29.2%), from €96,255 to €68,103
of which Land and buildings: -€18,225
- Receivables after one year +€5,500
up €5,500 (+20.4%), from €27,000 to €32,500
- Receivables within one year -€5,270
down €5,270 (-13.5%), from €39,154 to €33,884
of which Other amounts receivable: -€4,961
- Cash -€3,030
down €3,030 (-6.6%), from €45,630 to €42,599
mainly Debts after one year (-€32,590) and Contributions, distributions and other (-€29,248)
- Stocks and contracts +€2,828
up €2,828 (+4.9%), from €57,444 to €60,272
- Debts after one year -€32,590
down €32,590 (-34.2%), from €95,312 to €62,722
- Reserves -€29,248
down €29,248 (-34.4%), from €84,974 to €55,725
- Profit (loss) carried forward +€18,070
new in 2025: €18,070
- Other debts +€17,966
up €17,966 (+179%), from €10,010 to €27,976
- Tax, wage and social debts -€3,848
down €3,848 (-15.4%), from €24,994 to €21,145
of which Remuneration and social security: -€4,561
- Gross operating margin +€12,912
up €12,912 (+15.9%), from €81,231 to €94,143
- Staff costs -€3,328
down €3,328 (-11.0%), from €30,229 to €26,900
- Taxes +€2,410
up €2,410 (+75.8%), from €3,179 to €5,590
- Depreciation +€2,167
up €2,167 (+6.5%), from €33,389 to €35,556
- Financial charges -€1,506
down €1,506 (-19.9%), from €7,585 to €6,079
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 | €267,120 | €239,137 | -€27,983 | -10.5% |
| Fixed assets | 21/28 | €96,255 | €68,103 | -€28,152 | -29.2% |
| Tangible fixed assets | 22/27 | €96,255 | €68,103 | -€28,152 | -29.2% |
| Land and buildings | 22 | €60,683 | €42,458 | -€18,225 | -30.0% |
| Plant, machinery and equipment | 23 | €1,287 | €1,617 | +€330 | +25.6% |
| Furniture and vehicles | 24 | €34,285 | €24,028 | -€10,257 | -29.9% |
| Current assets | 29/58 | €170,865 | €171,034 | +€169 | +0.1% |
| Amounts receivable after more than one year | 29 | €27,000 | €32,500 | +€5,500 | +20.4% |
| Other amounts receivable | 291 | €27,000 | €32,500 | +€5,500 | +20.4% |
| Stocks and contracts in progress | 3 | €57,444 | €60,272 | +€2,828 | +4.9% |
| Stocks | 30/36 | €57,444 | €60,272 | +€2,828 | +4.9% |
| Amounts receivable within one year | 40/41 | €39,154 | €33,884 | -€5,270 | -13.5% |
| Trade receivables | 40 | €29,362 | €29,054 | -€308 | -1.0% |
| Other amounts receivable | 41 | €9,792 | €4,830 | -€4,961 | -50.7% |
| Cash at bank and in hand | 54/58 | €45,630 | €42,599 | -€3,030 | -6.6% |
| Deferred charges and accrued income | 490/1 | €1,638 | €1,779 | +€141 | +8.6% |
| Total equity and liabilities | 10/49 | €267,120 | €239,137 | -€27,983 | -10.5% |
| Equity | 10/15 | €103,574 | €92,396 | -€11,178 | -10.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,974 | €55,725 | -€29,248 | -34.4% |
| Distributable reserves | 133 | €84,974 | €55,725 | -€29,248 | -34.4% |
| Profit (loss) carried forward | 14 | - | €18,070 | +€18,070 | |
| Amounts payable | 17/49 | €163,547 | €146,742 | -€16,805 | -10.3% |
| Amounts payable after more than one year | 17 | €95,312 | €62,722 | -€32,590 | -34.2% |
| Financial debts | 170/4 | €95,312 | €62,722 | -€32,590 | -34.2% |
| Amounts payable within one year | 42/48 | €68,234 | €84,020 | +€15,785 | +23.1% |
| Current portion of amounts payable after more than one year | 42 | €31,050 | €32,590 | +€1,541 | +5.0% |
| Trade debts | 44 | €2,181 | €2,308 | +€127 | +5.8% |
| Suppliers | 440/4 | €2,181 | €2,308 | +€127 | +5.8% |
| Taxes, remuneration and social security | 45 | €24,994 | €21,145 | -€3,848 | -15.4% |
| Taxes | 450/3 | €20,433 | €21,145 | +€713 | +3.5% |
| Remuneration and social security | 454/9 | €4,561 | - | -€4,561 | |
| Other amounts payable | 47/48 | €10,010 | €27,976 | +€17,966 | +179% |
| Remuneration, social security and pensions | 62 | €30,229 | €26,900 | -€3,328 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,389 | €35,556 | +€2,167 | +6.5% |
| Other operating charges | 640/8 | €2,405 | €2,771 | +€367 | +15.3% |
| Gross operating margin | 9900 | €81,231 | €94,143 | +€12,912 | +15.9% |
| Operating profit (loss) | 9901 | €15,208 | €28,915 | +€13,707 | +90.1% |
| Financial income | 75/76B | €750 | €824 | +€74 | +9.9% |
| Recurring financial income | 75 | €750 | €824 | +€74 | +9.9% |
| Financial charges | 65/66B | €7,585 | €6,079 | -€1,506 | -19.9% |
| Recurring financial charges | 65 | €7,585 | €6,079 | -€1,506 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €8,373 | €23,660 | +€15,287 | +183% |
| Income taxes | 67/77 | €3,179 | €5,590 | +€2,410 | +75.8% |
| Profit (loss) for the period | 9904 | €5,194 | €18,070 | +€12,877 | +248% |
| Profit (loss) for the period to be appropriated | 9905 | €5,194 | €18,070 | +€12,877 | +248% |
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 18 October 2026 via checked.be.