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RYD: what changed

Two fiscal 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

RYD

BE 0430.860.241
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€2,924
2023 · €303-€3,226
Equity
€291,110
2023 · €294,033-€2,924
Cash
€222,944
2023 · €242,575-€19,631
Balance sheet total
€758,259
2023 · €803,751-€45,492

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€25,623

    down €25,623 (-4.6%), from €552,797 to €527,174

    of which Land and buildings: -€13,775

  • Cash -€19,631

    down €19,631 (-8.1%), from €242,575 to €222,944

    mainly Other debts (-€21,399) and Accrued charges and deferred income (-€20,377)

Equity and liabilities
  • Other debts -€21,399

    down €21,399 (-10.4%), from €205,421 to €184,022

  • Accrued charges and deferred income -€20,377

    down €20,377 (-66.1%), from €30,821 to €10,444

Income statement
  • Gross operating margin -€17,061

    down €17,061 (-24.1%), from €70,755 to €53,693

  • Depreciation -€11,671

    down €11,671 (-25.9%), from €45,106 to €33,435

  • Financial income +€3,409

    up €3,409 (+113.3%), from €3,008 to €6,418

  • Taxes -€1,767

    down €1,767 (-47.5%), from €3,720 to €1,953

  • Other operating charges +€1,553

    up €1,553 (+24.6%), from €6,304 to €7,857

From the 2023 result to the 2024 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 2023 €303
Gross operating margin -€17,061
Depreciation +€11,671
Other operating charges -€1,553
Financial income +€3,409
Taxes +€1,767
Deferred taxes and other -€1,460
Result 2024 -€2,924

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€11,819
Investment -€7,812
Financing €0
Cash 2023 €242,575
Net result for the year -€2,924
Depreciation +€33,435
Receivables within one year +€238
Provisions -€794
Other debts -€21,399
Accrued charges and deferred income -€20,377
Investment in fixed assets (net) -€7,812
Cash 2024 €222,944
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €803,751 €758,259 -€45,492 -5.7%
Fixed assets 21/28 €552,797 €527,174 -€25,623 -4.6%
Tangible fixed assets 22/27 €552,797 €527,174 -€25,623 -4.6%
Land and buildings 22 €504,509 €490,734 -€13,775 -2.7%
Plant, machinery and equipment 23 €41,837 €32,602 -€9,235 -22.1%
Furniture and vehicles 24 €6,452 €3,838 -€2,614 -40.5%
Current assets 29/58 €250,954 €231,085 -€19,869 -7.9%
Amounts receivable within one year 40/41 €8,379 €8,141 -€238 -2.8%
Other amounts receivable 41 €8,379 €8,141 -€238 -2.8%
Cash at bank and in hand 54/58 €242,575 €222,944 -€19,631 -8.1%
Total equity and liabilities 10/49 €803,751 €758,259 -€45,492 -5.7%
Equity 10/15 €294,033 €291,110 -€2,924 -1.0%
Contributions 10/11 €150,000 €150,000 = 0.0%
Reserves 13 €144,033 €141,110 -€2,924 -2.0%
Tax-exempt reserves 132 €1,541 - -€1,541
Distributable reserves 133 €142,492 €141,110 -€1,382 -1.0%
Provisions and deferred taxes 16 €794 - -€794
Deferred taxes 168 €794 - -€794
Amounts payable 17/49 €508,925 €467,149 -€41,775 -8.2%
Amounts payable after more than one year 17 €272,683 €272,683 = 0.0%
Financial debts 170/4 €272,683 €272,683 = 0.0%
Amounts payable within one year 42/48 €205,421 €184,022 -€21,399 -10.4%
Other amounts payable 47/48 €205,421 €184,022 -€21,399 -10.4%
Accrued charges and deferred income 492/3 €30,821 €10,444 -€20,377 -66.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €45,106 €33,435 -€11,671 -25.9%
Other operating charges 640/8 €6,304 €7,857 +€1,553 +24.6%
Gross operating margin 9900 €70,755 €53,693 -€17,061 -24.1%
Operating profit (loss) 9901 €19,344 €12,401 -€6,943 -35.9%
Financial income 75/76B €3,008 €6,418 +€3,409 +113.3%
Recurring financial income 75 €3,008 €6,418 +€3,409 +113.3%
Financial charges 65/66B €20,583 €20,583 = 0.0%
Recurring financial charges 65 €20,583 €20,583 = 0.0%
Profit (loss) for the period before taxes 9903 €1,769 -€1,764 -€3,534
Transfer from deferred taxes 780 €2,253 €794 -€1,460 -64.8%
Income taxes 67/77 €3,720 €1,953 -€1,767 -47.5%
Profit (loss) for the period 9904 €303 -€2,924 -€3,226
Transfer from tax-exempt reserves 789 €4,376 €1,541 -€2,835 -64.8%
Profit (loss) for the period to be appropriated 9905 €4,679 -€1,382 -€6,061

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.