RRyC Management: 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.
RRyC Management
Largest movements
- Cash +€268,519
up €268,519 (+291%), from €92,391 to €360,910
mainly Other debts (+€190,503) and Net result for the year (+€179,647)
- Current investments -€107,444
down €107,444 (-84.5%), from €127,149 to €19,704
- Tangible fixed assets +€81,431
up €81,431 (+144%), from €56,424 to €137,856
of which Furniture and vehicles: +€82,542
- Receivables within one year -€40,256
down €40,256 (-18.5%), from €218,119 to €177,863
of which Other amounts receivable: -€61,676
- Other debts +€190,503
up €190,503 (+282%), from €67,527 to €258,030
- Reserves -€52,202
down €52,202 (-13.0%), from €401,554 to €349,353
of which Distributable reserves: -€52,202
- Debts after one year +€46,917
up €46,917, from €0 to €46,917
- Tax, wage and social debts +€11,268
up €11,268 (+119%), from €9,433 to €20,701
- Gross operating margin +€126,079
up €126,079 (+88.2%), from €143,013 to €269,092
- Taxes +€43,687
up €43,687 (+113%), from €38,494 to €82,180
- Depreciation -€9,633
down €9,633 (-37.5%), from €25,686 to €16,053
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €498,312 | €700,597 | +€202,285 | +40.6% |
| Fixed assets | 21/28 | €56,424 | €137,856 | +€81,431 | +144% |
| Tangible fixed assets | 22/27 | €56,424 | €137,856 | +€81,431 | +144% |
| Furniture and vehicles | 24 | €47,069 | €129,611 | +€82,542 | +175% |
| Other tangible fixed assets | 26 | €9,355 | €8,245 | -€1,110 | -11.9% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €441,888 | €562,741 | +€120,853 | +27.3% |
| Amounts receivable within one year | 40/41 | €218,119 | €177,863 | -€40,256 | -18.5% |
| Trade receivables | 40 | €3,246 | €24,666 | +€21,420 | +660% |
| Other amounts receivable | 41 | €214,873 | €153,197 | -€61,676 | -28.7% |
| Current investments | 50/53 | €127,149 | €19,704 | -€107,444 | -84.5% |
| Cash at bank and in hand | 54/58 | €92,391 | €360,910 | +€268,519 | +291% |
| Deferred charges and accrued income | 490/1 | €4,229 | €4,264 | +€35 | +0.8% |
| Total equity and liabilities | 10/49 | €498,312 | €700,597 | +€202,285 | +40.6% |
| Equity | 10/15 | €413,954 | €361,753 | -€52,202 | -12.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €401,554 | €349,353 | -€52,202 | -13.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €401,554 | €349,353 | -€52,202 | -13.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €84,357 | €338,844 | +€254,487 | +302% |
| Amounts payable after more than one year | 17 | €0 | €46,917 | +€46,917 | |
| Financial debts | 170/4 | €0 | €46,917 | +€46,917 | |
| Amounts payable within one year | 42/48 | €84,357 | €291,927 | +€207,570 | +246% |
| Current portion of amounts payable after more than one year | 42 | €6,430 | €11,246 | +€4,816 | +74.9% |
| Trade debts | 44 | €968 | €1,950 | +€983 | +102% |
| Suppliers | 440/4 | €968 | €1,950 | +€983 | +102% |
| Taxes, remuneration and social security | 45 | €9,433 | €20,701 | +€11,268 | +119% |
| Taxes | 450/3 | €9,433 | €20,701 | +€11,268 | +119% |
| Other amounts payable | 47/48 | €67,527 | €258,030 | +€190,503 | +282% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,686 | €16,053 | -€9,633 | -37.5% |
| Other operating charges | 640/8 | €64 | €66 | +€2 | +3.0% |
| Gross operating margin | 9900 | €143,013 | €269,092 | +€126,079 | +88.2% |
| Operating profit (loss) | 9901 | €117,263 | €252,973 | +€135,710 | +116% |
| Financial income | 75/76B | €14,435 | €11,783 | -€2,652 | -18.4% |
| Recurring financial income | 75 | €14,435 | €11,783 | -€2,652 | -18.4% |
| Financial charges | 65/66B | €4,345 | €2,929 | -€1,416 | -32.6% |
| Recurring financial charges | 65 | €4,345 | €2,929 | -€1,416 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €127,353 | €261,827 | +€134,474 | +106% |
| Income taxes | 67/77 | €38,494 | €82,180 | +€43,687 | +113% |
| Profit (loss) for the period | 9904 | €88,859 | €179,647 | +€90,788 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €88,859 | €179,647 | +€90,788 | +102% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.