RY-BUILD: what changed
Two fiscal 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.
RY-BUILD
Largest movements
- Tangible fixed assets -€23,801
down €23,801 (-4.2%), from €571,958 to €548,157
of which Land and buildings: -€19,418
- Receivables within one year +€21,361
up €21,361 (+27.9%), from €76,622 to €97,983
of which Trade receivables: +€20,851
- Cash +€13,694
up €13,694 (+252.0%), from €5,435 to €19,128
mainly Net result for the year (+€36,739) and Depreciation (+€31,185)
- Reserves +€35,906
up €35,906 (+65.0%), from €55,249 to €91,155
- Debts after one year -€32,024
down €32,024 (-6.5%), from €491,862 to €459,838
- Gross operating margin +€5,402
up €5,402 (+5.8%), from €92,839 to €98,242
- Depreciation +€1,714
up €1,714 (+5.8%), from €29,472 to €31,185
- Financial charges +€1,405
up €1,405 (+15.6%), from €9,031 to €10,436
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 | €657,162 | €665,953 | +€8,791 | +1.3% |
| Fixed assets | 21/28 | €572,343 | €548,542 | -€23,801 | -4.2% |
| Tangible fixed assets | 22/27 | €571,958 | €548,157 | -€23,801 | -4.2% |
| Land and buildings | 22 | €544,110 | €524,693 | -€19,418 | -3.6% |
| Plant, machinery and equipment | 23 | €23,382 | €20,958 | -€2,424 | -10.4% |
| Furniture and vehicles | 24 | €4,466 | €2,507 | -€1,959 | -43.9% |
| Financial fixed assets | 28 | €385 | €385 | = | 0.0% |
| Current assets | 29/58 | €84,819 | €117,411 | +€32,592 | +38.4% |
| Amounts receivable within one year | 40/41 | €76,622 | €97,983 | +€21,361 | +27.9% |
| Trade receivables | 40 | €76,622 | €97,472 | +€20,851 | +27.2% |
| Other amounts receivable | 41 | - | €510 | +€510 | |
| Cash at bank and in hand | 54/58 | €5,435 | €19,128 | +€13,694 | +252.0% |
| Deferred charges and accrued income | 490/1 | €2,763 | €299 | -€2,464 | -89.2% |
| Total equity and liabilities | 10/49 | €657,162 | €665,953 | +€8,791 | +1.3% |
| Equity | 10/15 | €73,849 | €109,755 | +€35,906 | +48.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €55,249 | €91,155 | +€35,906 | +65.0% |
| Distributable reserves | 133 | €55,249 | €91,155 | +€35,906 | +65.0% |
| Amounts payable | 17/49 | €583,313 | €556,198 | -€27,115 | -4.6% |
| Amounts payable after more than one year | 17 | €491,862 | €459,838 | -€32,024 | -6.5% |
| Financial debts | 170/4 | €491,862 | €459,838 | -€32,024 | -6.5% |
| Amounts payable within one year | 42/48 | €91,451 | €94,477 | +€3,026 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €31,516 | €32,024 | +€508 | +1.6% |
| Trade debts | 44 | €17,599 | €13,929 | -€3,671 | -20.9% |
| Suppliers | 440/4 | €17,599 | €13,929 | -€3,671 | -20.9% |
| Taxes, remuneration and social security | 45 | €15,185 | €20,799 | +€5,614 | +37.0% |
| Taxes | 450/3 | €15,185 | €20,799 | +€5,614 | +37.0% |
| Other amounts payable | 47/48 | €27,150 | €27,726 | +€575 | +2.1% |
| Accrued charges and deferred income | 492/3 | - | €1,883 | +€1,883 | |
| Non-recurring operating income | 76A | €147 | - | -€147 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,472 | €31,185 | +€1,714 | +5.8% |
| Other operating charges | 640/8 | €2,986 | €2,971 | -€15 | -0.5% |
| Gross operating margin | 9900 | €92,839 | €98,242 | +€5,402 | +5.8% |
| Operating profit (loss) | 9901 | €60,381 | €64,085 | +€3,704 | +6.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €9,031 | €10,436 | +€1,405 | +15.6% |
| Recurring financial charges | 65 | €9,031 | €10,436 | +€1,405 | +15.6% |
| Profit (loss) for the period before taxes | 9903 | €51,351 | €53,649 | +€2,299 | +4.5% |
| Income taxes | 67/77 | €16,119 | €16,910 | +€791 | +4.9% |
| Profit (loss) for the period | 9904 | €35,231 | €36,739 | +€1,508 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,231 | €36,739 | +€1,508 | +4.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.