RYCKAERT INVEST: 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.
RYCKAERT INVEST
Largest movements
- Receivables within one year -€13,647
down €13,647 (-100%), from €13,647 to €0
- Cash +€12,407
up €12,407 (+100.0%), from €12,411 to €24,818
mainly Depreciation (+€17,499) and Other debts (+€13,736)
- Tangible fixed assets -€12,255
down €12,255 (-7.4%), from €165,329 to €153,074
of which Land and buildings: -€16,500
- Debts after one year -€18,641
down €18,641 (-8.5%), from €219,467 to €200,826
- Other debts +€13,736
up €13,736 (+19.8%), from €69,457 to €83,193
- Trade debts -€6,459
down €6,459 (-95.3%), from €6,781 to €322
- Financial charges +€1,605
up €1,605 (+10.9%), from €14,695 to €16,299
- Gross operating margin +€630
up €630 (+1.7%), from €36,874 to €37,505
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 | €591,620 | €577,892 | -€13,727 | -2.3% |
| Fixed assets | 21/28 | €565,329 | €553,074 | -€12,255 | -2.2% |
| Tangible fixed assets | 22/27 | €165,329 | €153,074 | -€12,255 | -7.4% |
| Land and buildings | 22 | €164,939 | €148,439 | -€16,500 | -10.0% |
| Furniture and vehicles | 24 | €390 | €4,635 | +€4,245 | +1,088% |
| Financial fixed assets | 28 | €400,000 | €400,000 | = | 0.0% |
| Current assets | 29/58 | €26,290 | €24,818 | -€1,472 | -5.6% |
| Amounts receivable within one year | 40/41 | €13,647 | €0 | -€13,647 | -100% |
| Trade receivables | 40 | €13,647 | €0 | -€13,647 | -100% |
| Cash at bank and in hand | 54/58 | €12,411 | €24,818 | +€12,407 | +100.0% |
| Deferred charges and accrued income | 490/1 | €233 | €0 | -€233 | -100% |
| Total equity and liabilities | 10/49 | €591,620 | €577,892 | -€13,727 | -2.3% |
| Equity | 10/15 | €228,498 | €227,385 | -€1,113 | -0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €194 | €0 | -€194 | -100% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €194 | €0 | -€194 | -100% |
| Profit (loss) carried forward | 14 | €209,704 | €208,785 | -€919 | -0.4% |
| Amounts payable | 17/49 | €363,122 | €350,507 | -€12,614 | -3.5% |
| Amounts payable after more than one year | 17 | €219,467 | €200,826 | -€18,641 | -8.5% |
| Financial debts | 170/4 | €219,467 | €200,826 | -€18,641 | -8.5% |
| Amounts payable within one year | 42/48 | €100,596 | €109,276 | +€8,680 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €16,759 | €18,641 | +€1,882 | +11.2% |
| Trade debts | 44 | €6,781 | €322 | -€6,459 | -95.3% |
| Suppliers | 440/4 | €6,781 | €322 | -€6,459 | -95.3% |
| Taxes, remuneration and social security | 45 | €7,599 | €7,120 | -€479 | -6.3% |
| Taxes | 450/3 | €7,599 | €7,120 | -€479 | -6.3% |
| Other amounts payable | 47/48 | €69,457 | €83,193 | +€13,736 | +19.8% |
| Accrued charges and deferred income | 492/3 | €43,059 | €40,406 | -€2,653 | -6.2% |
| Non-recurring operating income | 76A | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,196 | €17,499 | +€303 | +1.8% |
| Other operating charges | 640/8 | €716 | €653 | -€63 | -8.8% |
| Gross operating margin | 9900 | €36,874 | €37,505 | +€630 | +1.7% |
| Operating profit (loss) | 9901 | €18,962 | €19,353 | +€391 | +2.1% |
| Financial income | 75/76B | - | €24 | +€24 | |
| Recurring financial income | 75 | - | €24 | +€24 | |
| Financial charges | 65/66B | €14,695 | €16,299 | +€1,605 | +10.9% |
| Recurring financial charges | 65 | €14,695 | €16,299 | +€1,605 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €4,267 | €3,078 | -€1,189 | -27.9% |
| Income taxes | 67/77 | €1,080 | €755 | -€325 | -30.1% |
| Profit (loss) for the period | 9904 | €3,187 | €2,323 | -€864 | -27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,187 | €2,323 | -€864 | -27.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.