RYCK-ART: 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.
RYCK-ART
Largest movements
- Cash -€26,474
down €26,474 (-63.5%), from €41,663 to €15,189
mainly Debts after one year (-€38,470) and Trade debts (-€7,134)
- Tangible fixed assets -€6,463
down €6,463 (-9.0%), from €72,119 to €65,655
of which Land and buildings: -€7,505
- Debts after one year -€38,470
down €38,470 (-22.0%), from €174,579 to €136,109
of which Financial debts: -€28,470
- Reserves +€17,349
up €17,349 (+6.1%), from €285,312 to €302,661
of which Distributable reserves: +€17,349
- Trade debts -€7,134
down €7,134 (-83.7%), from €8,520 to €1,386
- Gross operating margin -€55,183
down €55,183 (-51.1%), from €107,979 to €52,796
- Taxes -€17,100
down €17,100 (-61.2%), from €27,953 to €10,852
- Financial charges -€1,926
down €1,926 (-22.5%), from €8,569 to €6,643
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 | €518,578 | €488,504 | -€30,074 | -5.8% |
| Fixed assets | 21/28 | €222,753 | €215,990 | -€6,763 | -3.0% |
| Intangible fixed assets | 21 | €634 | €335 | -€299 | -47.2% |
| Tangible fixed assets | 22/27 | €72,119 | €65,655 | -€6,463 | -9.0% |
| Land and buildings | 22 | €67,345 | €59,840 | -€7,505 | -11.1% |
| Plant, machinery and equipment | 23 | - | €1,372 | +€1,372 | |
| Furniture and vehicles | 24 | €958 | €443 | -€514 | -53.7% |
| Other tangible fixed assets | 26 | €3,816 | €4,000 | +€184 | +4.8% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €295,825 | €272,514 | -€23,311 | -7.9% |
| Amounts receivable within one year | 40/41 | €253,090 | €253,500 | +€410 | +0.2% |
| Trade receivables | 40 | €2,420 | €0 | -€2,420 | -100% |
| Other amounts receivable | 41 | €250,670 | €253,500 | +€2,830 | +1.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €41,663 | €15,189 | -€26,474 | -63.5% |
| Deferred charges and accrued income | 490/1 | €1,072 | €3,825 | +€2,753 | +257% |
| Total equity and liabilities | 10/49 | €518,578 | €488,504 | -€30,074 | -5.8% |
| Equity | 10/15 | €291,512 | €308,861 | +€17,349 | +6.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €285,312 | €302,661 | +€17,349 | +6.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €285,312 | €302,661 | +€17,349 | +6.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €227,066 | €179,643 | -€47,423 | -20.9% |
| Amounts payable after more than one year | 17 | €174,579 | €136,109 | -€38,470 | -22.0% |
| Financial debts | 170/4 | €164,579 | €136,109 | -€28,470 | -17.3% |
| Other amounts payable | 178/9 | €10,000 | €0 | -€10,000 | -100% |
| Amounts payable within one year | 42/48 | €50,124 | €40,712 | -€9,412 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €29,972 | €28,470 | -€1,502 | -5.0% |
| Trade debts | 44 | €8,520 | €1,386 | -€7,134 | -83.7% |
| Suppliers | 440/4 | €8,520 | €1,386 | -€7,134 | -83.7% |
| Taxes, remuneration and social security | 45 | €7,068 | €2,941 | -€4,127 | -58.4% |
| Taxes | 450/3 | €7,068 | €2,941 | -€4,127 | -58.4% |
| Other amounts payable | 47/48 | €4,564 | €7,915 | +€3,351 | +73.4% |
| Accrued charges and deferred income | 492/3 | €2,363 | €2,823 | +€459 | +19.4% |
| Non-recurring operating income | 76A | - | €6,335 | +€6,335 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,101 | €12,363 | +€262 | +2.2% |
| Other operating charges | 640/8 | €4,292 | €4,400 | +€108 | +2.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €107,979 | €52,796 | -€55,183 | -51.1% |
| Operating profit (loss) | 9901 | €91,586 | €36,033 | -€55,553 | -60.7% |
| Financial income | 75/76B | €24 | €111 | +€87 | +353% |
| Recurring financial income | 75 | €24 | €111 | +€87 | +353% |
| Financial charges | 65/66B | €8,569 | €6,643 | -€1,926 | -22.5% |
| Recurring financial charges | 65 | €8,569 | €6,643 | -€1,926 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €83,041 | €29,501 | -€53,540 | -64.5% |
| Income taxes | 67/77 | €27,953 | €10,852 | -€17,100 | -61.2% |
| Profit (loss) for the period | 9904 | €55,088 | €18,649 | -€36,440 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €55,088 | €18,649 | -€36,440 | -66.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.