Ryco Horeca: 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.
Ryco Horeca
Largest movements
- Cash -€17,278
down €17,278 (-37.3%), from €46,285 to €29,008
mainly Tax, wage and social debts (-€13,258) and Debts after one year (-€8,836)
- Tangible fixed assets -€4,545
down €4,545 (-9.8%), from €46,363 to €41,818
of which Plant, machinery and equipment: -€4,230
- Stocks and contracts -€1,750
down €1,750 (-16.1%), from €10,875 to €9,125
- Tax, wage and social debts -€13,258
down €13,258 (-63.7%), from €20,825 to €7,567
of which Remuneration and social security: -€7,444
- Debts after one year -€8,836
down €8,836 (-42.9%), from €20,582 to €11,746
- Other debts -€7,126
down €7,126 (-34.8%), from €20,464 to €13,338
- Reserves +€3,010
up €3,010 (+10.7%), from €28,000 to €31,010
- Trade debts +€1,920
up €1,920 (+24.2%), from €7,939 to €9,860
- Gross operating margin +€4,848
up €4,848 (+10.3%), from €47,168 to €52,016
- Staff costs +€3,833
up €3,833 (+13.0%), from €29,479 to €33,312
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 | €116,327 | €92,357 | -€23,971 | -20.6% |
| Fixed assets | 21/28 | €56,307 | €51,343 | -€4,965 | -8.8% |
| Intangible fixed assets | 21 | €3,441 | €3,021 | -€420 | -12.2% |
| Tangible fixed assets | 22/27 | €46,363 | €41,818 | -€4,545 | -9.8% |
| Plant, machinery and equipment | 23 | €27,554 | €23,324 | -€4,230 | -15.4% |
| Furniture and vehicles | 24 | €5,367 | €4,608 | -€760 | -14.2% |
| Other tangible fixed assets | 26 | €13,441 | €13,886 | +€445 | +3.3% |
| Financial fixed assets | 28 | €6,504 | €6,504 | = | 0.0% |
| Current assets | 29/58 | €60,020 | €41,014 | -€19,006 | -31.7% |
| Stocks and contracts in progress | 3 | €10,875 | €9,125 | -€1,750 | -16.1% |
| Stocks | 30/36 | €10,875 | €9,125 | -€1,750 | -16.1% |
| Amounts receivable within one year | 40/41 | €2,038 | €2,881 | +€843 | +41.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,038 | €2,881 | +€843 | +41.4% |
| Cash at bank and in hand | 54/58 | €46,285 | €29,008 | -€17,278 | -37.3% |
| Deferred charges and accrued income | 490/1 | €822 | €0 | -€822 | -100% |
| Total equity and liabilities | 10/49 | €116,327 | €92,357 | -€23,971 | -20.6% |
| Equity | 10/15 | €38,000 | €41,010 | +€3,010 | +7.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €28,000 | €31,010 | +€3,010 | +10.7% |
| Distributable reserves | 133 | €28,000 | €31,010 | +€3,010 | +10.7% |
| Amounts payable | 17/49 | €78,327 | €51,346 | -€26,981 | -34.4% |
| Amounts payable after more than one year | 17 | €20,582 | €11,746 | -€8,836 | -42.9% |
| Financial debts | 170/4 | €20,582 | €11,746 | -€8,836 | -42.9% |
| Amounts payable within one year | 42/48 | €57,745 | €39,601 | -€18,144 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €8,517 | €8,836 | +€319 | +3.7% |
| Trade debts | 44 | €7,939 | €9,860 | +€1,920 | +24.2% |
| Suppliers | 440/4 | €7,939 | €9,860 | +€1,920 | +24.2% |
| Taxes, remuneration and social security | 45 | €20,825 | €7,567 | -€13,258 | -63.7% |
| Taxes | 450/3 | €11,342 | €5,529 | -€5,814 | -51.3% |
| Remuneration and social security | 454/9 | €9,482 | €2,039 | -€7,444 | -78.5% |
| Other amounts payable | 47/48 | €20,464 | €13,338 | -€7,126 | -34.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €29,479 | €33,312 | +€3,833 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,748 | €8,124 | +€376 | +4.8% |
| Other operating charges | 640/8 | €1,773 | €2,023 | +€250 | +14.1% |
| Gross operating margin | 9900 | €47,168 | €52,016 | +€4,848 | +10.3% |
| Operating profit (loss) | 9901 | €8,168 | €8,556 | +€389 | +4.8% |
| Financial income | 75/76B | €243 | €732 | +€489 | +201% |
| Recurring financial income | 75 | €243 | €732 | +€489 | +201% |
| Financial charges | 65/66B | €2,793 | €3,191 | +€398 | +14.2% |
| Recurring financial charges | 65 | €2,793 | €3,191 | +€398 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €5,617 | €6,097 | +€480 | +8.5% |
| Income taxes | 67/77 | €3,206 | €3,087 | -€118 | -3.7% |
| Profit (loss) for the period | 9904 | €2,412 | €3,010 | +€598 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,412 | €3,010 | +€598 | +24.8% |
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 16 October 2026 via checked.be.