RYSA: 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.
RYSA
Largest movements
- Financial fixed assets -€59,075
down €59,075 (-64.9%), from €91,081 to €32,006
- Cash +€35,796
up €35,796 (+62.6%), from €57,161 to €92,958
mainly Net result for the year (+€117,879) and Investment in fixed assets (net) (+€47,260)
- Receivables within one year +€6,234
up €6,234 (+13.9%), from €44,916 to €51,150
of which Trade receivables: +€7,082
- Debts after one year -€20,286
down €20,286 (-6.3%), from €324,401 to €304,115
- Profit (loss) carried forward +€7,879
up €7,879 (+11.4%), from €68,880 to €76,760
- Financial income +€52,627
up €52,627 (+87.7%), from €59,981 to €112,609
- Write-downs +€37,492
new in 2025: €37,492
- Gross operating margin +€22,058
up €22,058 (+11.8%), from €186,653 to €208,711
- Staff costs +€7,916
up €7,916 (+6.4%), from €123,008 to €130,924
- Taxes -€4,709
down €4,709 (-70.9%), from €6,640 to €1,930
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 | €599,582 | €578,629 | -€20,953 | -3.5% |
| Fixed assets | 21/28 | €493,504 | €429,494 | -€64,011 | -13.0% |
| Tangible fixed assets | 22/27 | €402,423 | €397,488 | -€4,935 | -1.2% |
| Land and buildings | 22 | €395,052 | €381,587 | -€13,465 | -3.4% |
| Plant, machinery and equipment | 23 | €2,840 | €2,807 | -€33 | -1.2% |
| Furniture and vehicles | 24 | €4,531 | €13,094 | +€8,563 | +189.0% |
| Financial fixed assets | 28 | €91,081 | €32,006 | -€59,075 | -64.9% |
| Current assets | 29/58 | €106,077 | €149,136 | +€43,058 | +40.6% |
| Amounts receivable within one year | 40/41 | €44,916 | €51,150 | +€6,234 | +13.9% |
| Trade receivables | 40 | €25,078 | €32,160 | +€7,082 | +28.2% |
| Other amounts receivable | 41 | €19,838 | €18,990 | -€848 | -4.3% |
| Cash at bank and in hand | 54/58 | €57,161 | €92,958 | +€35,796 | +62.6% |
| Deferred charges and accrued income | 490/1 | €4,000 | €5,028 | +€1,028 | +25.7% |
| Total equity and liabilities | 10/49 | €599,582 | €578,629 | -€20,953 | -3.5% |
| Equity | 10/15 | €137,935 | €145,815 | +€7,879 | +5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,455 | €50,455 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,455 | €50,455 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50,455 | €50,455 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,880 | €76,760 | +€7,879 | +11.4% |
| Amounts payable | 17/49 | €461,646 | €432,814 | -€28,832 | -6.2% |
| Amounts payable after more than one year | 17 | €324,401 | €304,115 | -€20,286 | -6.3% |
| Financial debts | 170/4 | €324,401 | €304,115 | -€20,286 | -6.3% |
| Amounts payable within one year | 42/48 | €136,025 | €127,547 | -€8,478 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €24,568 | €24,465 | -€102 | -0.4% |
| Trade debts | 44 | €12,990 | €8,373 | -€4,617 | -35.5% |
| Suppliers | 440/4 | €12,990 | €8,373 | -€4,617 | -35.5% |
| Taxes, remuneration and social security | 45 | €47,807 | €44,496 | -€3,311 | -6.9% |
| Taxes | 450/3 | €23,699 | €27,343 | +€3,644 | +15.4% |
| Remuneration and social security | 454/9 | €24,108 | €17,153 | -€6,955 | -28.8% |
| Other amounts payable | 47/48 | €50,659 | €50,212 | -€448 | -0.9% |
| Accrued charges and deferred income | 492/3 | €1,221 | €1,152 | -€68 | -5.6% |
| Non-recurring operating income | 76A | €900 | - | -€900 | |
| Remuneration, social security and pensions | 62 | €123,008 | €130,924 | +€7,916 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,927 | €16,751 | +€1,823 | +12.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €37,492 | +€37,492 | |
| Other operating charges | 640/8 | €877 | €884 | +€8 | +0.9% |
| Non-recurring operating charges | 66A | - | €393 | +€393 | |
| Gross operating margin | 9900 | €186,653 | €208,711 | +€22,058 | +11.8% |
| Operating profit (loss) | 9901 | €47,842 | €22,267 | -€25,574 | -53.5% |
| Financial income | 75/76B | €59,981 | €112,609 | +€52,627 | +87.7% |
| Recurring financial income | 75 | €59,981 | €112,609 | +€52,627 | +87.7% |
| Financial charges | 65/66B | €15,675 | €15,066 | -€608 | -3.9% |
| Recurring financial charges | 65 | €15,675 | €15,066 | -€608 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €92,149 | €119,810 | +€27,661 | +30.0% |
| Income taxes | 67/77 | €6,640 | €1,930 | -€4,709 | -70.9% |
| Profit (loss) for the period | 9904 | €85,509 | €117,879 | +€32,370 | +37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €85,509 | €117,879 | +€32,370 | +37.9% |
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 11 October 2026 via checked.be.