RYWALV: 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.
RYWALV
Largest movements
- Current investments +€117,270
up €117,270 (+54.4%), from €215,444 to €332,714
- Cash -€31,595
down €31,595 (-70.9%), from €44,593 to €12,998
mainly Current investments (-€117,270) and Tax, wage and social debts (-€7,874)
- Tangible fixed assets -€13,930
down €13,930 (-5.9%), from €235,770 to €221,840
- Reserves +€79,626
up €79,626 (+16.9%), from €470,663 to €550,289
- Tax, wage and social debts -€7,874
down €7,874 (-63.6%), from €12,381 to €4,507
- Depreciation +€9,376
up €9,376 (+206%), from €4,554 to €13,930
- Gross operating margin -€6,552
down €6,552 (-6.3%), from €103,354 to €96,802
- Financial income +€6,103
up €6,103 (+33.6%), from €18,147 to €24,249
- Taxes -€6,043
down €6,043 (-18.4%), from €32,825 to €26,781
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 | €495,806 | €567,552 | +€71,746 | +14.5% |
| Fixed assets | 21/28 | €235,770 | €221,840 | -€13,930 | -5.9% |
| Tangible fixed assets | 22/27 | €235,770 | €221,840 | -€13,930 | -5.9% |
| Land and buildings | 22 | €235,770 | €221,840 | -€13,930 | -5.9% |
| Current assets | 29/58 | €260,036 | €345,712 | +€85,676 | +32.9% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €215,444 | €332,714 | +€117,270 | +54.4% |
| Cash at bank and in hand | 54/58 | €44,593 | €12,998 | -€31,595 | -70.9% |
| Total equity and liabilities | 10/49 | €495,806 | €567,552 | +€71,746 | +14.5% |
| Equity | 10/15 | €483,057 | €562,683 | +€79,626 | +16.5% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €470,663 | €550,289 | +€79,626 | +16.9% |
| Distributable reserves | 133 | €470,663 | €550,289 | +€79,626 | +16.9% |
| Amounts payable | 17/49 | €12,749 | €4,869 | -€7,880 | -61.8% |
| Amounts payable within one year | 42/48 | €12,749 | €4,869 | -€7,880 | -61.8% |
| Trade debts | 44 | €368 | €362 | -€6 | -1.6% |
| Suppliers | 440/4 | €368 | €362 | -€6 | -1.6% |
| Taxes, remuneration and social security | 45 | €12,381 | €4,507 | -€7,874 | -63.6% |
| Taxes | 450/3 | €12,381 | €4,507 | -€7,874 | -63.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,554 | €13,930 | +€9,376 | +206% |
| Other operating charges | 640/8 | €513 | €654 | +€140 | +27.3% |
| Gross operating margin | 9900 | €103,354 | €96,802 | -€6,552 | -6.3% |
| Operating profit (loss) | 9901 | €98,287 | €82,218 | -€16,069 | -16.3% |
| Financial income | 75/76B | €18,147 | €24,249 | +€6,103 | +33.6% |
| Recurring financial income | 75 | €18,147 | €24,249 | +€6,103 | +33.6% |
| Financial charges | 65/66B | €971 | €60 | -€911 | -93.8% |
| Recurring financial charges | 65 | €971 | €60 | -€911 | -93.8% |
| Profit (loss) for the period before taxes | 9903 | €115,462 | €106,407 | -€9,055 | -7.8% |
| Income taxes | 67/77 | €32,825 | €26,781 | -€6,043 | -18.4% |
| Profit (loss) for the period | 9904 | €82,638 | €79,626 | -€3,012 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €82,638 | €79,626 | -€3,012 | -3.6% |
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.