RY Trading: 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.
RY Trading
Largest movements
- Receivables within one year +€67,814
up €67,814 (+23.0%), from €294,987 to €362,801
of which Other amounts receivable: +€54,996
- Stocks and contracts -€62,488
down €62,488 (-65.1%), from €95,990 to €33,502
- Tangible fixed assets -€4,045
down €4,045 (-79.3%), from €5,102 to €1,057
of which Furniture and vehicles: -€3,873
- Profit (loss) carried forward -€87,633
down €87,633, from €62,483 to -€25,150
- Trade debts +€86,607
up €86,607 (+26.0%), from €333,360 to €419,966
- Gross operating margin -€108,435
down €108,435, from €50,678 to -€57,757
- Staff costs -€25,801
down €25,801 (-50.1%), from €51,457 to €25,655
- Depreciation +€1,637
up €1,637 (+68.0%), from €2,407 to €4,045
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 | €402,042 | €401,016 | -€1,026 | -0.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €8,752 | €4,707 | -€4,045 | -46.2% |
| Tangible fixed assets | 22/27 | €5,102 | €1,057 | -€4,045 | -79.3% |
| Plant, machinery and equipment | 23 | €573 | €401 | -€172 | -30.0% |
| Furniture and vehicles | 24 | €4,529 | €656 | -€3,873 | -85.5% |
| Financial fixed assets | 28 | €3,650 | €3,650 | = | 0.0% |
| Current assets | 29/58 | €393,291 | €396,309 | +€3,019 | +0.8% |
| Stocks and contracts in progress | 3 | €95,990 | €33,502 | -€62,488 | -65.1% |
| Contracts in progress | 37 | €95,990 | €33,502 | -€62,488 | -65.1% |
| Amounts receivable within one year | 40/41 | €294,987 | €362,801 | +€67,814 | +23.0% |
| Trade receivables | 40 | €275,853 | €288,670 | +€12,817 | +4.6% |
| Other amounts receivable | 41 | €19,135 | €74,131 | +€54,996 | +287% |
| Cash at bank and in hand | 54/58 | €2,313 | €7 | -€2,307 | -99.7% |
| Total equity and liabilities | 10/49 | €402,042 | €401,016 | -€1,026 | -0.3% |
| Equity | 10/15 | €68,683 | -€18,950 | -€87,633 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,483 | -€25,150 | -€87,633 | |
| Amounts payable | 17/49 | €333,360 | €419,966 | +€86,607 | +26.0% |
| Amounts payable within one year | 42/48 | €333,360 | €419,966 | +€86,607 | +26.0% |
| Trade debts | 44 | €333,360 | €419,966 | +€86,607 | +26.0% |
| Suppliers | 440/4 | €333,360 | €419,966 | +€86,607 | +26.0% |
| Non-recurring operating income | 76A | - | €3,607 | +€3,607 | |
| Remuneration, social security and pensions | 62 | €51,457 | €25,655 | -€25,801 | -50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,407 | €4,045 | +€1,637 | +68.0% |
| Other operating charges | 640/8 | - | €196 | +€196 | |
| Gross operating margin | 9900 | €50,678 | -€57,757 | -€108,435 | |
| Operating profit (loss) | 9901 | -€3,186 | -€87,652 | -€84,467 | -2,651% |
| Financial income | 75/76B | €6 | €150 | +€144 | +2,396% |
| Recurring financial income | 75 | €6 | €150 | +€144 | +2,396% |
| Financial charges | 65/66B | €70 | €130 | +€60 | +85.0% |
| Recurring financial charges | 65 | €70 | €130 | +€60 | +85.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,250 | -€87,633 | -€84,383 | -2,596% |
| Profit (loss) for the period | 9904 | -€3,250 | -€87,633 | -€84,383 | -2,596% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,250 | -€87,633 | -€84,383 | -2,596% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.