Van Ryckeghem Lynn: 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.
Van Ryckeghem Lynn
Largest movements
- Receivables within one year -€248,813
down €248,813 (-87.6%), from €284,115 to €35,303
of which Trade receivables: -€249,029
- Tangible fixed assets +€177,001
up €177,001 (+167%), from €106,191 to €283,192
of which Plant, machinery and equipment: +€160,912
- Cash -€59,668
down €59,668 (-29.4%), from €202,694 to €143,026
mainly Advances received (-€248,456) and Investment in fixed assets (net) (-€205,898)
- Advances received -€248,456
down €248,456 (-100%), from €248,456 to €0
- Profit (loss) carried forward +€144,753
up €144,753 (+90.0%), from €160,858 to €305,611
- Other debts -€38,709
down €38,709 (-100%), from €38,709 to €0
- Tax, wage and social debts +€30,608
up €30,608 (+46.9%), from €65,258 to €95,866
of which Taxes: +€32,093
- Trade debts -€26,283
down €26,283 (-33.7%), from €77,964 to €51,681
- Gross operating margin -€18,889
down €18,889 (-5.1%), from €367,460 to €348,571
- Staff costs +€13,409
up €13,409 (+11.7%), from €115,088 to €128,497
- Taxes -€10,404
down €10,404 (-21.4%), from €48,626 to €38,222
- Financial charges -€4,337
down €4,337 (-46.4%), from €9,356 to €5,019
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 | €596,545 | €467,219 | -€129,326 | -21.7% |
| Fixed assets | 21/28 | €106,457 | €283,458 | +€177,001 | +166% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €106,191 | €283,192 | +€177,001 | +167% |
| Land and buildings | 22 | €48,925 | €72,478 | +€23,553 | +48.1% |
| Plant, machinery and equipment | 23 | €35,204 | €196,116 | +€160,912 | +457% |
| Furniture and vehicles | 24 | €22,063 | €14,599 | -€7,464 | -33.8% |
| Financial fixed assets | 28 | €265 | €265 | = | 0.0% |
| Current assets | 29/58 | €490,088 | €183,761 | -€306,327 | -62.5% |
| Stocks and contracts in progress | 3 | - | €3,810 | +€3,810 | |
| Stocks | 30/36 | - | €3,810 | +€3,810 | |
| Amounts receivable within one year | 40/41 | €284,115 | €35,303 | -€248,813 | -87.6% |
| Trade receivables | 40 | €264,273 | €15,244 | -€249,029 | -94.2% |
| Other amounts receivable | 41 | €19,842 | €20,058 | +€216 | +1.1% |
| Cash at bank and in hand | 54/58 | €202,694 | €143,026 | -€59,668 | -29.4% |
| Deferred charges and accrued income | 490/1 | €3,278 | €1,622 | -€1,656 | -50.5% |
| Total equity and liabilities | 10/49 | €596,545 | €467,219 | -€129,326 | -21.7% |
| Equity | 10/15 | €165,858 | €310,611 | +€144,753 | +87.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €160,858 | €305,611 | +€144,753 | +90.0% |
| Amounts payable | 17/49 | €430,687 | €156,608 | -€274,079 | -63.6% |
| Amounts payable within one year | 42/48 | €430,386 | €147,547 | -€282,839 | -65.7% |
| Trade debts | 44 | €77,964 | €51,681 | -€26,283 | -33.7% |
| Suppliers | 440/4 | €77,964 | €51,681 | -€26,283 | -33.7% |
| Advances received on contracts in progress | 46 | €248,456 | €0 | -€248,456 | -100% |
| Taxes, remuneration and social security | 45 | €65,258 | €95,866 | +€30,608 | +46.9% |
| Taxes | 450/3 | €51,076 | €83,169 | +€32,093 | +62.8% |
| Remuneration and social security | 454/9 | €14,182 | €12,697 | -€1,485 | -10.5% |
| Other amounts payable | 47/48 | €38,709 | €0 | -€38,709 | -100% |
| Accrued charges and deferred income | 492/3 | €301 | €9,061 | +€8,760 | +2,913% |
| Remuneration, social security and pensions | 62 | €115,088 | €128,497 | +€13,409 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,239 | €28,898 | -€1,341 | -4.4% |
| Other operating charges | 640/8 | €3,926 | €3,796 | -€131 | -3.3% |
| Gross operating margin | 9900 | €367,460 | €348,571 | -€18,889 | -5.1% |
| Operating profit (loss) | 9901 | €218,206 | €187,380 | -€30,826 | -14.1% |
| Financial income | 75/76B | €633 | €613 | -€20 | -3.1% |
| Recurring financial income | 75 | €633 | €613 | -€20 | -3.1% |
| Financial charges | 65/66B | €9,356 | €5,019 | -€4,337 | -46.4% |
| Recurring financial charges | 65 | €9,356 | €5,019 | -€4,337 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | €209,484 | €182,975 | -€26,509 | -12.7% |
| Income taxes | 67/77 | €48,626 | €38,222 | -€10,404 | -21.4% |
| Profit (loss) for the period | 9904 | €160,858 | €144,753 | -€16,105 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €160,858 | €144,753 | -€16,105 | -10.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.