RyuTEC: 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.
RyuTEC
Largest movements
- Cash +€12,935
up €12,935 (+43.8%), from €29,541 to €42,477
mainly Net result for the year (+€21,346) and Receivables within one year (+€6,529)
- Receivables within one year -€6,529
down €6,529 (-45.8%), from €14,254 to €7,725
of which Trade receivables: -€8,006
- Tangible fixed assets -€4,126
down €4,126 (-8.9%), from €46,497 to €42,371
of which Land and buildings: -€3,629
- Reserves +€6,346
up €6,346 (+10.0%), from €63,257 to €69,602
of which Distributable reserves: +€18,619
- Tax, wage and social debts -€5,513
down €5,513 (-52.1%), from €10,574 to €5,061
of which Taxes: -€3,089
- Gross operating margin -€9,072
down €9,072 (-23.0%), from €39,410 to €30,338
- Taxes -€2,289
down €2,289 (-42.8%), from €5,352 to €3,063
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,887 | €94,254 | +€1,367 | +1.5% |
| Fixed assets | 21/28 | €46,497 | €42,371 | -€4,126 | -8.9% |
| Tangible fixed assets | 22/27 | €46,497 | €42,371 | -€4,126 | -8.9% |
| Land and buildings | 22 | €45,083 | €41,454 | -€3,629 | -8.1% |
| Furniture and vehicles | 24 | €1,414 | €917 | -€497 | -35.1% |
| Current assets | 29/58 | €46,390 | €51,883 | +€5,493 | +11.8% |
| Amounts receivable within one year | 40/41 | €14,254 | €7,725 | -€6,529 | -45.8% |
| Trade receivables | 40 | €8,717 | €711 | -€8,006 | -91.8% |
| Other amounts receivable | 41 | €5,538 | €7,015 | +€1,477 | +26.7% |
| Cash at bank and in hand | 54/58 | €29,541 | €42,477 | +€12,935 | +43.8% |
| Deferred charges and accrued income | 490/1 | €2,594 | €1,681 | -€913 | -35.2% |
| Total equity and liabilities | 10/49 | €92,887 | €94,254 | +€1,367 | +1.5% |
| Equity | 10/15 | €64,757 | €71,102 | +€6,346 | +9.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €63,257 | €69,602 | +€6,346 | +10.0% |
| Non-distributable reserves | 130/1 | €12,273 | - | -€12,273 | |
| Reserves not available under the articles | 1311 | €12,273 | - | -€12,273 | |
| Distributable reserves | 133 | €50,984 | €69,602 | +€18,619 | +36.5% |
| Amounts payable | 17/49 | €28,131 | €23,152 | -€4,979 | -17.7% |
| Amounts payable within one year | 42/48 | €28,131 | €23,152 | -€4,979 | -17.7% |
| Trade debts | 44 | €2,556 | €3,090 | +€534 | +20.9% |
| Suppliers | 440/4 | €2,556 | €3,090 | +€534 | +20.9% |
| Taxes, remuneration and social security | 45 | €10,574 | €5,061 | -€5,513 | -52.1% |
| Taxes | 450/3 | €8,150 | €5,061 | -€3,089 | -37.9% |
| Remuneration and social security | 454/9 | €2,424 | - | -€2,424 | |
| Other amounts payable | 47/48 | €15,000 | €15,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,075 | €4,126 | +€51 | +1.3% |
| Other operating charges | 640/8 | €1,223 | €1,191 | -€32 | -2.6% |
| Gross operating margin | 9900 | €39,410 | €30,338 | -€9,072 | -23.0% |
| Operating profit (loss) | 9901 | €34,113 | €25,021 | -€9,092 | -26.7% |
| Financial income | 75/76B | €207 | €197 | -€10 | -5.0% |
| Recurring financial income | 75 | €207 | €197 | -€10 | -5.0% |
| Financial charges | 65/66B | €1,004 | €810 | -€194 | -19.3% |
| Recurring financial charges | 65 | €1,004 | €810 | -€194 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €33,317 | €24,408 | -€8,908 | -26.7% |
| Income taxes | 67/77 | €5,352 | €3,063 | -€2,289 | -42.8% |
| Profit (loss) for the period | 9904 | €27,965 | €21,346 | -€6,619 | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,965 | €21,346 | -€6,619 | -23.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.