RYBELCO: 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.
RYBELCO
Largest movements
- Tangible fixed assets +€61,951
new in 2025: €61,951
of which Land and buildings: +€61,951
- Financial fixed assets +€24,842
new in 2025: €24,842
- Cash -€6,367
down €6,367 (-15.1%), from €42,089 to €35,723
mainly Net result for the year (-€133,286) and Investment in fixed assets (net) (-€86,793)
- Other debts +€214,457
up €214,457 (+73.1%), from €293,306 to €507,764
- Profit (loss) carried forward -€133,286
down €133,286 (-29.5%), from -€452,568 to -€585,854
- Gross operating margin +€6,482
up €6,482 (+63.1%), from -€10,267 to -€3,785
- Other operating charges +€307
up €307 (+78.8%), from €390 to €697
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 | €59,738 | €141,395 | +€81,657 | +136.7% |
| Fixed assets | 21/28 | - | €86,793 | +€86,793 | |
| Tangible fixed assets | 22/27 | - | €61,951 | +€61,951 | |
| Land and buildings | 22 | - | €61,951 | +€61,951 | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | - | €24,842 | +€24,842 | |
| Current assets | 29/58 | €59,738 | €54,602 | -€5,136 | -8.6% |
| Stocks and contracts in progress | 3 | €17,500 | €17,500 | = | 0.0% |
| Stocks | 30/36 | €17,500 | €17,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €149 | €1,379 | +€1,231 | +827.3% |
| Other amounts receivable | 41 | €149 | €1,379 | +€1,231 | +827.3% |
| Cash at bank and in hand | 54/58 | €42,089 | €35,723 | -€6,367 | -15.1% |
| Total equity and liabilities | 10/49 | €59,738 | €141,395 | +€81,657 | +136.7% |
| Equity | 10/15 | -€233,568 | -€366,854 | -€133,286 | -57.1% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €19,000 | €19,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,000 | €19,000 | = | 0.0% |
| Legal reserve | 130 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€452,568 | -€585,854 | -€133,286 | -29.5% |
| Amounts payable | 17/49 | €293,306 | €508,249 | +€214,943 | +73.3% |
| Amounts payable within one year | 42/48 | €293,306 | €508,249 | +€214,943 | +73.3% |
| Trade debts | 44 | - | €408 | +€408 | |
| Suppliers | 440/4 | - | €408 | +€408 | |
| Taxes, remuneration and social security | 45 | €0 | €78 | +€78 | |
| Taxes | 450/3 | €0 | €78 | +€78 | |
| Other amounts payable | 47/48 | €293,306 | €507,764 | +€214,457 | +73.1% |
| Other operating charges | 640/8 | €390 | €697 | +€307 | +78.8% |
| Non-recurring operating charges | 66A | - | €128,725 | +€128,725 | |
| Gross operating margin | 9900 | -€10,267 | -€3,785 | +€6,482 | +63.1% |
| Operating profit (loss) | 9901 | -€10,657 | -€133,208 | -€122,551 | -1150.0% |
| Financial charges | 65/66B | €70 | €78 | +€8 | +11.6% |
| Recurring financial charges | 65 | €70 | €78 | +€8 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,727 | -€133,286 | -€122,559 | -1142.5% |
| Profit (loss) for the period | 9904 | -€10,727 | -€133,286 | -€122,559 | -1142.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,727 | -€133,286 | -€122,559 | -1142.5% |
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 2 October 2026 via checked.be.