W. DE RYCKE & CO: what changed
What changed
W. DE RYCKE & CO
NACE 52.249, Warehousing and support activities for transportation
filed annual accounts (NBB)
Net result for the year
€2,924
2024 · €8,426-€5,503
Equity
€292,214
2024 · €289,290+€2,924
Cash
€379
2024 · €9,830-€9,451
Balance sheet total
€794,681
2024 · €723,935+€70,746
Largest movements
Assets
- Receivables after one year +€400,000
new in 2025: €400,000
- Receivables within one year -€298,393
down €298,393 (-48.2%), from €618,630 to €320,237
of which Other amounts receivable: -€317,997
- Tangible fixed assets -€26,008
down €26,008 (-30.0%), from €86,721 to €60,713
of which Leasing and similar rights: -€19,800
- Cash -€9,451
down €9,451 (-96.1%), from €9,830 to €379
mainly Receivables after one year (-€400,000) and Investment in fixed assets (net) (-€24,104)
Equity and liabilities
- Trade debts +€80,176
up €80,176 (+99.6%), from €80,537 to €160,713
- Current portion of long-term debt -€11,262
down €11,262 (-100%), from €11,262 to €0
Income statement
- Depreciation -€7,793
down €7,793 (-14.2%), from €54,905 to €47,112
- Financial income -€7,608
down €7,608 (-55.5%), from €13,699 to €6,091
- Gross operating margin -€7,098
down €7,098 (-11.7%), from €60,427 to €53,329
- Taxes -€1,953
down €1,953 (-57.0%), from €3,425 to €1,472
- Other operating charges +€813
up €813 (+14.0%), from €5,792 to €6,605
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€8,426
Gross operating margin
-€7,098
Depreciation
+€7,793
Other operating charges
-€813
Financial income
-€7,608
Financial charges
+€269
Taxes
+€1,953
Result 2025
€2,924
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€25,915
Investment
-€24,104
Financing
-€11,262
Cash 2024
€9,830
From operations (derived)
+€25,915
Net result for the year
+€2,924
Depreciation
+€47,112
Receivables after one year
-€400,000
Receivables within one year
+€298,393
Deferred charges and accrued income
-€1,598
Trade debts
+€80,176
Smaller working-capital items
-€1,092
Investment (derived)
-€24,104
Investment in fixed assets (net)
-€24,104
Financing
-€11,262
Current portion of long-term debt
-€11,262
Cash 2025
€379
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €723,935 | €794,681 | +€70,746 | +9.8% |
| Fixed assets | 21/28 | €87,498 | €64,490 | -€23,008 | -26.3% |
| Tangible fixed assets | 22/27 | €86,721 | €60,713 | -€26,008 | -30.0% |
| Furniture and vehicles | 24 | €66,921 | €60,713 | -€6,208 | -9.3% |
| Leasing and similar rights | 25 | €19,800 | €0 | -€19,800 | -100% |
| Financial fixed assets | 28 | €777 | €3,777 | +€3,000 | +386% |
| Current assets | 29/58 | €636,437 | €730,191 | +€93,754 | +14.7% |
| Amounts receivable after more than one year | 29 | - | €400,000 | +€400,000 | |
| Other amounts receivable | 291 | - | €400,000 | +€400,000 | |
| Amounts receivable within one year | 40/41 | €618,630 | €320,237 | -€298,393 | -48.2% |
| Trade receivables | 40 | €244,417 | €264,021 | +€19,604 | +8.0% |
| Other amounts receivable | 41 | €374,214 | €56,217 | -€317,997 | -85.0% |
| Cash at bank and in hand | 54/58 | €9,830 | €379 | -€9,451 | -96.1% |
| Deferred charges and accrued income | 490/1 | €7,977 | €9,575 | +€1,598 | +20.0% |
| Total equity and liabilities | 10/49 | €723,935 | €794,681 | +€70,746 | +9.8% |
| Equity | 10/15 | €289,290 | €292,214 | +€2,924 | +1.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €95,515 | €95,515 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €93,015 | €93,015 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,775 | €171,699 | +€2,924 | +1.7% |
| Amounts payable | 17/49 | €434,645 | €502,467 | +€67,822 | +15.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €314,645 | €382,467 | +€67,822 | +21.6% |
| Current portion of amounts payable after more than one year | 42 | €11,262 | €0 | -€11,262 | -100% |
| Trade debts | 44 | €80,537 | €160,713 | +€80,176 | +99.6% |
| Suppliers | 440/4 | €80,537 | €160,713 | +€80,176 | +99.6% |
| Taxes, remuneration and social security | 45 | €10,778 | €10,549 | -€228 | -2.1% |
| Taxes | 450/3 | €7,816 | €7,570 | -€246 | -3.2% |
| Remuneration and social security | 454/9 | €2,961 | €2,979 | +€18 | +0.6% |
| Other amounts payable | 47/48 | €212,068 | €211,204 | -€864 | -0.4% |
| Accrued charges and deferred income | 492/3 | €120,000 | €120,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,905 | €47,112 | -€7,793 | -14.2% |
| Other operating charges | 640/8 | €5,792 | €6,605 | +€813 | +14.0% |
| Gross operating margin | 9900 | €60,427 | €53,329 | -€7,098 | -11.7% |
| Operating profit (loss) | 9901 | -€271 | -€388 | -€117 | -43.4% |
| Financial income | 75/76B | €13,699 | €6,091 | -€7,608 | -55.5% |
| Recurring financial income | 75 | €13,699 | €6,091 | -€7,608 | -55.5% |
| Financial charges | 65/66B | €1,577 | €1,307 | -€269 | -17.1% |
| Recurring financial charges | 65 | €1,577 | €1,307 | -€269 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €11,852 | €4,396 | -€7,456 | -62.9% |
| Income taxes | 67/77 | €3,425 | €1,472 | -€1,953 | -57.0% |
| Profit (loss) for the period | 9904 | €8,426 | €2,924 | -€5,503 | -65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,426 | €2,924 | -€5,503 | -65.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.