RYNYCO: 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.
RYNYCO
Largest movements
- Tangible fixed assets -€37,549
down €37,549 (-4.7%), from €806,574 to €769,025
of which Land and buildings: -€37,282
- Cash +€8,135
up €8,135 (+996.2%), from €817 to €8,951
mainly Depreciation (+€37,549) and Debts after one year (+€20,587)
- Debts after one year +€20,587
up €20,587 (+4.2%), from €488,993 to €509,580
of which Financial debts: +€20,587
- Current portion of long-term debt -€17,043
down €17,043 (-31.9%), from €53,463 to €36,420
- Profit (loss) carried forward -€12,136
down €12,136, from €4,340 to -€7,796
- Financial charges +€24,742
up €24,742 (+85.1%), from €29,065 to €53,808
- Taxes -€5,792
down €5,792 (-100.0%), from €5,792 to €0
- Gross operating margin -€4,996
down €4,996 (-5.7%), from €87,295 to €82,298
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 | €807,390 | €782,976 | -€24,414 | -3.0% |
| Fixed assets | 21/28 | €806,574 | €769,025 | -€37,549 | -4.7% |
| Tangible fixed assets | 22/27 | €806,574 | €769,025 | -€37,549 | -4.7% |
| Land and buildings | 22 | €805,538 | €768,256 | -€37,282 | -4.6% |
| Plant, machinery and equipment | 23 | €1,036 | €769 | -€267 | -25.8% |
| Current assets | 29/58 | €817 | €13,951 | +€13,135 | +1608.5% |
| Amounts receivable within one year | 40/41 | - | €5,000 | +€5,000 | |
| Other amounts receivable | 41 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €817 | €8,951 | +€8,135 | +996.2% |
| Total equity and liabilities | 10/49 | €807,390 | €782,976 | -€24,414 | -3.0% |
| Equity | 10/15 | €146,350 | €134,214 | -€12,136 | -8.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €42,010 | €42,010 | = | 0.0% |
| Distributable reserves | 133 | €42,010 | €42,010 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,340 | -€7,796 | -€12,136 | |
| Amounts payable | 17/49 | €661,040 | €648,762 | -€12,278 | -1.9% |
| Amounts payable after more than one year | 17 | €488,993 | €509,580 | +€20,587 | +4.2% |
| Financial debts | 170/4 | €487,993 | €508,580 | +€20,587 | +4.2% |
| Other amounts payable | 178/9 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €166,047 | €133,182 | -€32,865 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €53,463 | €36,420 | -€17,043 | -31.9% |
| Financial debts | 43 | €5,000 | €0 | -€5,000 | -100.0% |
| Credit institutions | 430/8 | €5,000 | €0 | -€5,000 | -100.0% |
| Trade debts | 44 | €6,798 | €133 | -€6,665 | -98.1% |
| Suppliers | 440/4 | €6,798 | €133 | -€6,665 | -98.1% |
| Taxes, remuneration and social security | 45 | €758 | €0 | -€758 | -100.0% |
| Taxes | 450/3 | €758 | €0 | -€758 | -100.0% |
| Other amounts payable | 47/48 | €100,029 | €96,630 | -€3,399 | -3.4% |
| Accrued charges and deferred income | 492/3 | €6,000 | €6,000 | = | 0.0% |
| Non-recurring operating income | 76A | €4,083 | €0 | -€4,083 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,485 | €37,549 | +€64 | +0.2% |
| Other operating charges | 640/8 | €3,343 | €3,078 | -€265 | -7.9% |
| Gross operating margin | 9900 | €87,295 | €82,298 | -€4,996 | -5.7% |
| Operating profit (loss) | 9901 | €46,466 | €41,672 | -€4,795 | -10.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €29,065 | €53,808 | +€24,742 | +85.1% |
| Recurring financial charges | 65 | €29,065 | €53,808 | +€24,742 | +85.1% |
| Profit (loss) for the period before taxes | 9903 | €17,401 | -€12,136 | -€29,537 | |
| Income taxes | 67/77 | €5,792 | €0 | -€5,792 | -100.0% |
| Profit (loss) for the period | 9904 | €11,609 | -€12,136 | -€23,745 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,609 | -€12,136 | -€23,745 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.