RYLS CREATIONS: 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.
RYLS CREATIONS
Largest movements
- Stocks and contracts +€1.1m
up €1.1m (+1,055%), from €101,906 to €1.2m
of which Contracts in progress: +€651,929
- Receivables within one year -€85,878
down €85,878 (-71.0%), from €120,896 to €35,018
of which Other amounts receivable: -€43,683
- Current portion of long-term debt +€693,912
new in 2025: €693,912
- Other debts +€320,682
up €320,682 (+170%), from €188,807 to €509,489
- Accrued charges and deferred income -€47,654
no longer reported in 2025 (was €47,654)
- Trade debts +€13,016
new in 2025: €13,016
- Gross operating margin +€27,686
up €27,686, from -€4,769 to €22,917
- Financial charges +€14,604
up €14,604 (+2,150%), from €679 to €15,283
- Other operating charges +€5,963
up €5,963 (+521%), from €1,146 to €7,108
- Financial income +€458
new in 2025: €458
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 | €239,936 | €1,220,698 | +€980,763 | +409% |
| Fixed assets | 21/28 | €4,750 | €4,750 | = | 0.0% |
| Financial fixed assets | 28 | €4,750 | €4,750 | = | 0.0% |
| Current assets | 29/58 | €235,186 | €1,215,948 | +€980,763 | +417% |
| Stocks and contracts in progress | 3 | €101,906 | €1,177,293 | +€1.1m | +1,055% |
| Stocks | 30/36 | - | €423,457 | +€423,457 | |
| Contracts in progress | 37 | €101,906 | €753,835 | +€651,929 | +640% |
| Amounts receivable within one year | 40/41 | €120,896 | €35,018 | -€85,878 | -71.0% |
| Trade receivables | 40 | €50,452 | €8,257 | -€42,195 | -83.6% |
| Other amounts receivable | 41 | €70,444 | €26,761 | -€43,683 | -62.0% |
| Cash at bank and in hand | 54/58 | €12,384 | €3,638 | -€8,746 | -70.6% |
| Total equity and liabilities | 10/49 | €239,936 | €1,220,698 | +€980,763 | +409% |
| Equity | 10/15 | €3,297 | €4,281 | +€984 | +29.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,703 | -€2,719 | +€984 | +26.6% |
| Amounts payable | 17/49 | €236,639 | €1,216,418 | +€979,779 | +414% |
| Amounts payable within one year | 42/48 | €188,985 | €1,216,418 | +€1.0m | +544% |
| Current portion of amounts payable after more than one year | 42 | - | €693,912 | +€693,912 | |
| Trade debts | 44 | - | €13,016 | +€13,016 | |
| Suppliers | 440/4 | - | €13,016 | +€13,016 | |
| Taxes, remuneration and social security | 45 | €177 | €2 | -€176 | -99.0% |
| Taxes | 450/3 | €177 | €2 | -€176 | -99.0% |
| Other amounts payable | 47/48 | €188,807 | €509,489 | +€320,682 | +170% |
| Accrued charges and deferred income | 492/3 | €47,654 | - | -€47,654 | |
| Other operating charges | 640/8 | €1,146 | €7,108 | +€5,963 | +521% |
| Gross operating margin | 9900 | -€4,769 | €22,917 | +€27,686 | |
| Operating profit (loss) | 9901 | -€5,915 | €15,809 | +€21,724 | |
| Financial income | 75/76B | - | €458 | +€458 | |
| Recurring financial income | 75 | - | €458 | +€458 | |
| Financial charges | 65/66B | €679 | €15,283 | +€14,604 | +2,150% |
| Recurring financial charges | 65 | €679 | €15,283 | +€14,604 | +2,150% |
| Profit (loss) for the period before taxes | 9903 | -€6,594 | €984 | +€7,578 | |
| Income taxes | 67/77 | -€32 | - | +€32 | |
| Profit (loss) for the period | 9904 | -€6,562 | €984 | +€7,546 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,562 | €984 | +€7,546 |
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 20 October 2026 via checked.be.