Ryoku: 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.
Ryoku
Largest movements
- Receivables within one year -€15,884
down €15,884 (-94.0%), from €16,889 to €1,005
of which Other amounts receivable: -€15,263
- Tangible fixed assets -€12,085
down €12,085 (-35.4%), from €34,151 to €22,066
of which Furniture and vehicles: -€7,733
- Cash -€4,761
down €4,761 (-32.1%), from €14,853 to €10,092
mainly Net result for the year (-€84,085) and Trade debts (-€1,656)
- Profit (loss) carried forward -€84,085
down €84,085 (-87.5%), from -€96,142 to -€180,227
- Other debts +€53,365
up €53,365 (+36.9%), from €144,724 to €198,089
- Trade debts -€1,656
down €1,656 (-40.4%), from €4,095 to €2,440
- Accrued charges and deferred income -€860
down €860 (-100.0%), from €860 to €0
- Gross operating margin +€2,238
up €2,238 (+3.2%), from -€70,522 to -€68,284
- Financial income -€1,089
down €1,089 (-94.7%), from €1,149 to €61
- Taxes +€890
up €890 (+151.8%), from €587 to €1,477
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 | €65,893 | €33,164 | -€32,730 | -49.7% |
| Fixed assets | 21/28 | €34,151 | €22,066 | -€12,085 | -35.4% |
| Tangible fixed assets | 22/27 | €34,151 | €22,066 | -€12,085 | -35.4% |
| Plant, machinery and equipment | 23 | €2,450 | €1,590 | -€860 | -35.1% |
| Furniture and vehicles | 24 | €20,443 | €12,710 | -€7,733 | -37.8% |
| Other tangible fixed assets | 26 | €11,258 | €7,766 | -€3,492 | -31.0% |
| Current assets | 29/58 | €31,742 | €11,098 | -€20,644 | -65.0% |
| Amounts receivable within one year | 40/41 | €16,889 | €1,005 | -€15,884 | -94.0% |
| Trade receivables | 40 | €621 | €0 | -€621 | -100.0% |
| Other amounts receivable | 41 | €16,268 | €1,005 | -€15,263 | -93.8% |
| Cash at bank and in hand | 54/58 | €14,853 | €10,092 | -€4,761 | -32.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €65,893 | €33,164 | -€32,730 | -49.7% |
| Equity | 10/15 | -€84,142 | -€168,227 | -€84,085 | -99.9% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,142 | -€180,227 | -€84,085 | -87.5% |
| Amounts payable | 17/49 | €150,036 | €201,391 | +€51,355 | +34.2% |
| Amounts payable within one year | 42/48 | €149,176 | €201,391 | +€52,215 | +35.0% |
| Trade debts | 44 | €4,095 | €2,440 | -€1,656 | -40.4% |
| Suppliers | 440/4 | €4,095 | €2,440 | -€1,656 | -40.4% |
| Taxes, remuneration and social security | 45 | €356 | €862 | +€506 | +142.0% |
| Taxes | 450/3 | €356 | €862 | +€506 | +142.0% |
| Other amounts payable | 47/48 | €144,724 | €198,089 | +€53,365 | +36.9% |
| Accrued charges and deferred income | 492/3 | €860 | €0 | -€860 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,283 | €12,085 | -€198 | -1.6% |
| Other operating charges | 640/8 | €651 | €610 | -€41 | -6.4% |
| Gross operating margin | 9900 | -€70,522 | -€68,284 | +€2,238 | +3.2% |
| Operating profit (loss) | 9901 | -€83,457 | -€80,979 | +€2,478 | +3.0% |
| Financial income | 75/76B | €1,149 | €61 | -€1,089 | -94.7% |
| Recurring financial income | 75 | €1,149 | €61 | -€1,089 | -94.7% |
| Financial charges | 65/66B | €2,208 | €1,690 | -€518 | -23.4% |
| Recurring financial charges | 65 | €2,208 | €1,690 | -€518 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | -€84,515 | -€82,608 | +€1,907 | +2.3% |
| Income taxes | 67/77 | €587 | €1,477 | +€890 | +151.8% |
| Profit (loss) for the period | 9904 | -€85,102 | -€84,085 | +€1,017 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,102 | -€84,085 | +€1,017 | +1.2% |
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 4 October 2026 via checked.be.