Rycken Projects: 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.
Rycken Projects
Largest movements
- Receivables within one year -€62,016
down €62,016 (-69.2%), from €89,570 to €27,554
of which Trade receivables: -€67,719
- Cash -€6,211
down €6,211 (-33.5%), from €18,541 to €12,330
mainly Other debts (-€52,616) and Tax, wage and social debts (-€15,345)
- Deferred charges and accrued income +€1,396
new in 2025: €1,396
- Other debts -€52,616
down €52,616 (-89.9%), from €58,508 to €5,892
- Tax, wage and social debts -€15,345
down €15,345 (-59.5%), from €25,774 to €10,429
of which Remuneration and social security: -€15,074
- Reserves +€11,779
up €11,779 (+1308.1%), from €900 to €12,679
- Trade debts -€10,649
down €10,649 (-82.4%), from €12,929 to €2,280
- Gross operating margin -€161,207
down €161,207 (-92.0%), from €175,200 to €13,993
- Staff costs -€150,178
down €150,178 (-100.0%), from €150,178 to €0
- Taxes -€1,836
down €1,836 (-35.4%), from €5,181 to €3,345
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 | €108,111 | €41,280 | -€66,831 | -61.8% |
| Current assets | 29/58 | €108,111 | €41,280 | -€66,831 | -61.8% |
| Amounts receivable within one year | 40/41 | €89,570 | €27,554 | -€62,016 | -69.2% |
| Trade receivables | 40 | €69,089 | €1,370 | -€67,719 | -98.0% |
| Other amounts receivable | 41 | €20,482 | €26,184 | +€5,703 | +27.8% |
| Cash at bank and in hand | 54/58 | €18,541 | €12,330 | -€6,211 | -33.5% |
| Deferred charges and accrued income | 490/1 | - | €1,396 | +€1,396 | |
| Total equity and liabilities | 10/49 | €108,111 | €41,280 | -€66,831 | -61.8% |
| Equity | 10/15 | €10,900 | €22,679 | +€11,779 | +108.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €900 | €12,679 | +€11,779 | +1308.1% |
| Distributable reserves | 133 | €900 | €12,679 | +€11,779 | +1308.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €97,211 | €18,601 | -€78,609 | -80.9% |
| Amounts payable within one year | 42/48 | €97,211 | €18,601 | -€78,609 | -80.9% |
| Trade debts | 44 | €12,929 | €2,280 | -€10,649 | -82.4% |
| Suppliers | 440/4 | €12,929 | €2,280 | -€10,649 | -82.4% |
| Taxes, remuneration and social security | 45 | €25,774 | €10,429 | -€15,345 | -59.5% |
| Taxes | 450/3 | €10,700 | €10,429 | -€271 | -2.5% |
| Remuneration and social security | 454/9 | €15,074 | €0 | -€15,074 | -100.0% |
| Other amounts payable | 47/48 | €58,508 | €5,892 | -€52,616 | -89.9% |
| Remuneration, social security and pensions | 62 | €150,178 | €0 | -€150,178 | -100.0% |
| Other operating charges | 640/8 | €630 | €0 | -€630 | -100.0% |
| Gross operating margin | 9900 | €175,200 | €13,993 | -€161,207 | -92.0% |
| Operating profit (loss) | 9901 | €24,391 | €13,993 | -€10,399 | -42.6% |
| Financial income | 75/76B | €5 | €1,396 | +€1,391 | +27765.3% |
| Recurring financial income | 75 | €5 | €1,396 | +€1,391 | +27765.3% |
| Financial charges | 65/66B | €624 | €265 | -€358 | -57.5% |
| Recurring financial charges | 65 | €624 | €265 | -€358 | -57.5% |
| Profit (loss) for the period before taxes | 9903 | €23,773 | €15,123 | -€8,649 | -36.4% |
| Income taxes | 67/77 | €5,181 | €3,345 | -€1,836 | -35.4% |
| Profit (loss) for the period | 9904 | €18,592 | €11,779 | -€6,813 | -36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,592 | €11,779 | -€6,813 | -36.6% |
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 10 October 2026 via checked.be.