RYCLA: 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.
RYCLA
Largest movements
- Cash +€299,359
up €299,359 (+64.5%), from €464,136 to €763,495
mainly Net result for the year (+€332,900) and Current investments (+€260,000)
- Current investments -€260,000
down €260,000 (-15.8%), from €1.7m to €1.4m
- Tangible fixed assets +€181,001
up €181,001 (+215.1%), from €84,144 to €265,145
of which Other tangible fixed assets: +€147,279
- Deferred charges and accrued income -€27,194
down €27,194 (-58.8%), from €46,243 to €19,049
- Reserves +€229,856
up €229,856 (+11.7%), from €2.0m to €2.2m
of which Distributable reserves: +€137,236
- Tax, wage and social debts -€32,799
down €32,799 (-29.5%), from €111,085 to €78,286
of which Taxes: -€38,566
- Gross operating margin -€173,941
down €173,941 (-18.1%), from €960,809 to €786,868
- Staff costs -€55,046
down €55,046 (-15.3%), from €359,940 to €304,895
- Taxes -€41,555
down €41,555 (-24.3%), from €171,177 to €129,622
- Financial income -€10,054
down €10,054 (-24.3%), from €41,352 to €31,297
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 | €2,269,842 | €2,468,336 | +€198,494 | +8.7% |
| Fixed assets | 21/28 | €86,666 | €268,021 | +€181,355 | +209.3% |
| Tangible fixed assets | 22/27 | €84,144 | €265,145 | +€181,001 | +215.1% |
| Plant, machinery and equipment | 23 | €12,367 | €24,128 | +€11,761 | +95.1% |
| Furniture and vehicles | 24 | €61,079 | €83,402 | +€22,322 | +36.5% |
| Leasing and similar rights | 25 | €1,649 | €1,288 | -€361 | -21.9% |
| Other tangible fixed assets | 26 | €9,048 | €156,327 | +€147,279 | +1627.7% |
| Financial fixed assets | 28 | €2,522 | €2,876 | +€354 | +14.0% |
| Current assets | 29/58 | €2,183,176 | €2,200,315 | +€17,139 | +0.8% |
| Stocks and contracts in progress | 3 | €18,673 | €20,522 | +€1,849 | +9.9% |
| Stocks | 30/36 | €18,673 | €20,522 | +€1,849 | +9.9% |
| Amounts receivable within one year | 40/41 | €4,124 | €7,249 | +€3,125 | +75.8% |
| Trade receivables | 40 | €4,124 | €5,326 | +€1,202 | +29.1% |
| Other amounts receivable | 41 | - | €1,923 | +€1,923 | |
| Current investments | 50/53 | €1,650,000 | €1,390,000 | -€260,000 | -15.8% |
| Cash at bank and in hand | 54/58 | €464,136 | €763,495 | +€299,359 | +64.5% |
| Deferred charges and accrued income | 490/1 | €46,243 | €19,049 | -€27,194 | -58.8% |
| Total equity and liabilities | 10/49 | €2,269,842 | €2,468,336 | +€198,494 | +8.7% |
| Equity | 10/15 | €1,978,610 | €2,208,466 | +€229,856 | +11.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,972,410 | €2,202,266 | +€229,856 | +11.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €618,370 | €710,990 | +€92,620 | +15.0% |
| Distributable reserves | 133 | €1,354,040 | €1,491,276 | +€137,236 | +10.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €291,232 | €259,870 | -€31,362 | -10.8% |
| Amounts payable after more than one year | 17 | €148,049 | €153,449 | +€5,400 | +3.6% |
| Other amounts payable | 178/9 | €148,049 | €153,449 | +€5,400 | +3.6% |
| Amounts payable within one year | 42/48 | €120,749 | €93,235 | -€27,514 | -22.8% |
| Trade debts | 44 | €9,664 | €14,949 | +€5,285 | +54.7% |
| Suppliers | 440/4 | €9,664 | €14,949 | +€5,285 | +54.7% |
| Taxes, remuneration and social security | 45 | €111,085 | €78,286 | -€32,799 | -29.5% |
| Taxes | 450/3 | €74,859 | €36,293 | -€38,566 | -51.5% |
| Remuneration and social security | 454/9 | €36,226 | €41,993 | +€5,767 | +15.9% |
| Accrued charges and deferred income | 492/3 | €22,434 | €13,186 | -€9,247 | -41.2% |
| Remuneration, social security and pensions | 62 | €359,940 | €304,895 | -€55,046 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,735 | €34,119 | +€8,384 | +32.6% |
| Other operating charges | 640/8 | €287 | €237 | -€50 | -17.4% |
| Gross operating margin | 9900 | €960,809 | €786,868 | -€173,941 | -18.1% |
| Operating profit (loss) | 9901 | €574,846 | €447,617 | -€127,229 | -22.1% |
| Financial income | 75/76B | €41,352 | €31,297 | -€10,054 | -24.3% |
| Recurring financial income | 75 | €41,352 | €31,297 | -€10,054 | -24.3% |
| Financial charges | 65/66B | €16,894 | €16,393 | -€501 | -3.0% |
| Recurring financial charges | 65 | €16,894 | €16,393 | -€501 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €599,304 | €462,522 | -€136,782 | -22.8% |
| Income taxes | 67/77 | €171,177 | €129,622 | -€41,555 | -24.3% |
| Profit (loss) for the period | 9904 | €428,127 | €332,900 | -€95,227 | -22.2% |
| Transfer from tax-exempt reserves | 789 | €84,200 | €75,780 | -€8,420 | -10.0% |
| Transfer to tax-exempt reserves | 689 | €197,870 | €168,400 | -€29,470 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €314,457 | €240,280 | -€74,177 | -23.6% |
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 11 October 2026 via checked.be.