RYCKSO: 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.
RYCKSO
Largest movements
- Cash +€73,680
up €73,680 (+171.6%), from €42,931 to €116,611
mainly Depreciation (+€81,452) and Receivables within one year (+€34,393)
- Tangible fixed assets -€53,000
down €53,000 (-5.8%), from €917,491 to €864,491
of which Land and buildings: -€50,411
- Receivables within one year -€34,393
down €34,393 (-57.6%), from €59,660 to €25,267
of which Trade receivables: -€36,300
- Debts after one year -€50,000
down €50,000 (-15.2%), from €329,166 to €279,166
- Profit (loss) carried forward +€26,086
up €26,086 (+26.9%), from €97,110 to €123,196
- Gross operating margin -€9,195
down €9,195 (-6.1%), from €151,385 to €142,190
- Depreciation +€4,527
up €4,527 (+5.9%), from €76,926 to €81,452
- Financial charges -€3,509
down €3,509 (-11.7%), from €29,935 to €26,426
- Taxes -€2,636
down €2,636 (-27.8%), from €9,488 to €6,853
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 | €1,020,288 | €1,006,690 | -€13,599 | -1.3% |
| Fixed assets | 21/28 | €917,491 | €864,491 | -€53,000 | -5.8% |
| Tangible fixed assets | 22/27 | €917,491 | €864,491 | -€53,000 | -5.8% |
| Land and buildings | 22 | €909,452 | €859,042 | -€50,411 | -5.5% |
| Plant, machinery and equipment | 23 | €8,039 | €5,450 | -€2,590 | -32.2% |
| Current assets | 29/58 | €102,797 | €142,198 | +€39,402 | +38.3% |
| Amounts receivable within one year | 40/41 | €59,660 | €25,267 | -€34,393 | -57.6% |
| Trade receivables | 40 | €54,450 | €18,150 | -€36,300 | -66.7% |
| Other amounts receivable | 41 | €5,210 | €7,117 | +€1,907 | +36.6% |
| Cash at bank and in hand | 54/58 | €42,931 | €116,611 | +€73,680 | +171.6% |
| Deferred charges and accrued income | 490/1 | €206 | €320 | +€114 | +55.6% |
| Total equity and liabilities | 10/49 | €1,020,288 | €1,006,690 | -€13,599 | -1.3% |
| Equity | 10/15 | €297,110 | €323,196 | +€26,086 | +8.8% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,110 | €123,196 | +€26,086 | +26.9% |
| Amounts payable | 17/49 | €723,178 | €683,494 | -€39,685 | -5.5% |
| Amounts payable after more than one year | 17 | €329,166 | €279,166 | -€50,000 | -15.2% |
| Financial debts | 170/4 | €329,166 | €279,166 | -€50,000 | -15.2% |
| Amounts payable within one year | 42/48 | €393,882 | €403,594 | +€9,712 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €672 | €5,386 | +€4,714 | +701.8% |
| Suppliers | 440/4 | €672 | €5,386 | +€4,714 | +701.8% |
| Taxes, remuneration and social security | 45 | €9,537 | €18,810 | +€9,273 | +97.2% |
| Taxes | 450/3 | €5,817 | €15,090 | +€9,273 | +159.4% |
| Remuneration and social security | 454/9 | €3,720 | €3,720 | = | 0.0% |
| Other amounts payable | 47/48 | €333,673 | €329,398 | -€4,275 | -1.3% |
| Accrued charges and deferred income | 492/3 | €130 | €734 | +€604 | +464.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,926 | €81,452 | +€4,527 | +5.9% |
| Other operating charges | 640/8 | €1,341 | €1,373 | +€32 | +2.4% |
| Gross operating margin | 9900 | €151,385 | €142,190 | -€9,195 | -6.1% |
| Operating profit (loss) | 9901 | €73,118 | €59,365 | -€13,753 | -18.8% |
| Financial charges | 65/66B | €29,935 | €26,426 | -€3,509 | -11.7% |
| Recurring financial charges | 65 | €29,935 | €26,426 | -€3,509 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €43,183 | €32,939 | -€10,244 | -23.7% |
| Income taxes | 67/77 | €9,488 | €6,853 | -€2,636 | -27.8% |
| Profit (loss) for the period | 9904 | €33,694 | €26,086 | -€7,608 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,694 | €26,086 | -€7,608 | -22.6% |
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 9 October 2026 via checked.be.