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Ryckedaele: 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.

What changed

Ryckedaele

BE 0790.449.337
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€667,919
2024 · -€20,494-€647,426
Equity
€270,087
2024 · €938,007-€667,919
Cash
€42,229
2024 · €54,537-€12,308
Balance sheet total
€302,787
2024 · €970,984-€668,197

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€655,742

    down €655,742 (-71.6%), from €916,170 to €260,428

    of which Land and buildings: -€646,286

  • Cash -€12,308

    down €12,308 (-22.6%), from €54,537 to €42,229

    mainly Net result for the year (-€667,919) and Smaller working-capital items (-€131)

Equity and liabilities
  • Profit (loss) carried forward -€667,919

    down €667,919 (-4,455%), from -€14,993 to -€682,913

Income statement
  • Gross operating margin -€28,595

    down €28,595, from €23,167 to -€5,428

  • Depreciation -€28,370

    down €28,370 (-73.5%), from €38,611 to €10,241

  • Other operating charges +€1,191

    up €1,191 (+48.7%), from €2,445 to €3,636

  • Financial charges -€280

    down €280 (-11.3%), from €2,476 to €2,196

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€20,494
Gross operating margin -€28,595
Depreciation +€28,370
Other operating charges -€1,191
Other operating items -€646,286
Financial charges +€280
Taxes -€4
Result 2025 -€667,919
raises the resultlowers the resultnot broken down further in the accounts

Derived cash bridge

cash 2024 to 2025

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.

From operations -€657,809
Investment +€645,501
Financing €0
Cash 2024 €54,537
Net result for the year -€667,919
Depreciation +€10,241
Smaller working-capital items -€131
Investment in fixed assets (net) +€645,501
Cash 2025 €42,229
brings cash intakes cash out
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €970,984 €302,787 -€668,197 -68.8%
Fixed assets 21/28 €916,170 €260,428 -€655,742 -71.6%
Tangible fixed assets 22/27 €916,170 €260,428 -€655,742 -71.6%
Land and buildings 22 €883,786 €237,500 -€646,286 -73.1%
Furniture and vehicles 24 €32,384 €22,928 -€9,456 -29.2%
Current assets 29/58 €54,814 €42,359 -€12,455 -22.7%
Cash at bank and in hand 54/58 €54,537 €42,229 -€12,308 -22.6%
Deferred charges and accrued income 490/1 €276 €129 -€147 -53.2%
Total equity and liabilities 10/49 €970,984 €302,787 -€668,197 -68.8%
Equity 10/15 €938,007 €270,087 -€667,919 -71.2%
Contributions 10/11 €953,000 €953,000 = 0.0%
Profit (loss) carried forward 14 -€14,993 -€682,913 -€667,919 -4,455%
Amounts payable 17/49 €32,977 €32,700 -€278 -0.8%
Amounts payable within one year 42/48 €30,574 €30,578 +€4 0.0%
Trade debts 44 €484 €484 = 0.0%
Suppliers 440/4 €484 €484 = 0.0%
Taxes, remuneration and social security 45 €128 €132 +€4 +3.1%
Taxes 450/3 €128 €132 +€4 +3.1%
Other amounts payable 47/48 €29,962 €29,962 = 0.0%
Accrued charges and deferred income 492/3 €2,403 €2,121 -€282 -11.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €38,611 €10,241 -€28,370 -73.5%
Other operating charges 640/8 €2,445 €3,636 +€1,191 +48.7%
Non-recurring operating charges 66A - €646,286 +€646,286
Gross operating margin 9900 €23,167 -€5,428 -€28,595
Operating profit (loss) 9901 -€17,889 -€665,591 -€647,702 -3,621%
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €2,476 €2,196 -€280 -11.3%
Recurring financial charges 65 €2,476 €2,196 -€280 -11.3%
Profit (loss) for the period before taxes 9903 -€20,366 -€667,787 -€647,422 -3,179%
Income taxes 67/77 €128 €132 +€4 +3.1%
Profit (loss) for the period 9904 -€20,494 -€667,919 -€647,426 -3,159%
Profit (loss) for the period to be appropriated 9905 -€20,494 -€667,919 -€647,426 -3,159%

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 18 October 2026 via checked.be.