RYCCOM: what changed
RYCCOM
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+160%), from €672,722 to €1.7m
of which Land and buildings: +€1.1m
- Cash -€339,331
down €339,331 (-73.8%), from €459,667 to €120,337
mainly Investment in fixed assets (net) (-€1.3m) and Contributions, distributions and other (-€23,600)
- Receivables within one year -€25,806
down €25,806 (-41.4%), from €62,402 to €36,596
of which Other amounts receivable: -€26,189
- Debts after one year +€664,775
up €664,775 (+360%), from €184,766 to €849,541
- Current portion of long-term debt +€51,408
up €51,408 (+83.5%), from €61,595 to €113,003
- Other debts +€30,040
up €30,040 (+257%), from €11,672 to €41,713
- Reserves -€23,600
down €23,600 (-3.1%), from €756,900 to €733,300
of which Distributable reserves: -€23,600
- Depreciation +€151,603
up €151,603 (+238%), from €63,801 to €215,404
- Gross operating margin +€73,575
up €73,575 (+33.5%), from €219,667 to €293,241
- Financial charges +€30,765
up €30,765 (+80.9%), from €38,037 to €68,801
- Taxes -€22,976
down €22,976 (-80.2%), from €28,640 to €5,664
- Financial income -€3,083
down €3,083 (-37.7%), from €8,172 to €5,090
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,201,416 | €1,913,836 | +€712,420 | +59.3% |
| Fixed assets | 21/28 | €672,722 | €1,749,824 | +€1.1m | +160% |
| Tangible fixed assets | 22/27 | €672,722 | €1,749,824 | +€1.1m | +160% |
| Land and buildings | 22 | €626,336 | €1,713,745 | +€1.1m | +174% |
| Plant, machinery and equipment | 23 | €351 | €94 | -€257 | -73.3% |
| Furniture and vehicles | 24 | €16,744 | €14,781 | -€1,963 | -11.7% |
| Other tangible fixed assets | 26 | €29,291 | €21,204 | -€8,087 | -27.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €528,693 | €164,012 | -€364,682 | -69.0% |
| Amounts receivable within one year | 40/41 | €62,402 | €36,596 | -€25,806 | -41.4% |
| Trade receivables | 40 | €30,924 | €31,307 | +€383 | +1.2% |
| Other amounts receivable | 41 | €31,478 | €5,289 | -€26,189 | -83.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €459,667 | €120,337 | -€339,331 | -73.8% |
| Deferred charges and accrued income | 490/1 | €6,624 | €7,079 | +€455 | +6.9% |
| Total equity and liabilities | 10/49 | €1,201,416 | €1,913,836 | +€712,420 | +59.3% |
| Equity | 10/15 | €872,971 | €849,593 | -€23,378 | -2.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €756,900 | €733,300 | -€23,600 | -3.1% |
| Tax-exempt reserves | 132 | €81,900 | €81,900 | = | 0.0% |
| Distributable reserves | 133 | €675,000 | €651,400 | -€23,600 | -3.5% |
| Profit (loss) carried forward | 14 | €97,521 | €97,743 | +€222 | +0.2% |
| Provisions and deferred taxes | 16 | €43,043 | €41,304 | -€1,739 | -4.0% |
| Provisions for liabilities and charges | 160/5 | €43,043 | €41,304 | -€1,739 | -4.0% |
| Other liabilities and charges | 164/5 | €43,043 | €41,304 | -€1,739 | -4.0% |
| Amounts payable | 17/49 | €285,402 | €1,022,939 | +€737,537 | +258% |
| Amounts payable after more than one year | 17 | €184,766 | €849,541 | +€664,775 | +360% |
| Financial debts | 170/4 | €184,766 | €849,541 | +€664,775 | +360% |
| Amounts payable within one year | 42/48 | €100,636 | €172,503 | +€71,867 | +71.4% |
| Current portion of amounts payable after more than one year | 42 | €61,595 | €113,003 | +€51,408 | +83.5% |
| Trade debts | 44 | €11,948 | €7,304 | -€4,644 | -38.9% |
| Suppliers | 440/4 | €11,948 | €7,304 | -€4,644 | -38.9% |
| Taxes, remuneration and social security | 45 | €15,421 | €10,483 | -€4,938 | -32.0% |
| Taxes | 450/3 | €15,421 | €10,483 | -€4,938 | -32.0% |
| Other amounts payable | 47/48 | €11,672 | €41,713 | +€30,040 | +257% |
| Accrued charges and deferred income | 492/3 | €0 | €895 | +€895 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,801 | €215,404 | +€151,603 | +238% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,280 | -€1,739 | -€3,019 | |
| Other operating charges | 640/8 | €8,505 | €9,978 | +€1,473 | +17.3% |
| Gross operating margin | 9900 | €219,667 | €293,241 | +€73,575 | +33.5% |
| Operating profit (loss) | 9901 | €146,080 | €69,597 | -€76,483 | -52.4% |
| Financial income | 75/76B | €8,172 | €5,090 | -€3,083 | -37.7% |
| Recurring financial income | 75 | €8,172 | €5,090 | -€3,083 | -37.7% |
| Financial charges | 65/66B | €38,037 | €68,801 | +€30,765 | +80.9% |
| Recurring financial charges | 65 | €38,037 | €68,801 | +€30,765 | +80.9% |
| Profit (loss) for the period before taxes | 9903 | €116,215 | €5,886 | -€110,330 | -94.9% |
| Income taxes | 67/77 | €28,640 | €5,664 | -€22,976 | -80.2% |
| Profit (loss) for the period | 9904 | €87,575 | €222 | -€87,354 | -99.7% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €87,575 | €222 | -€87,354 | -99.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.