DE COSTER RUBEN: 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.
DE COSTER RUBEN
Largest movements
- Cash +€159,144
up €159,144 (+180.8%), from €88,009 to €247,153
mainly Net result for the year (+€69,839) and Receivables within one year (+€69,575)
- Receivables within one year -€69,575
down €69,575 (-99.3%), from €70,075 to €500
of which Trade receivables: -€69,575
- Reserves +€68,939
up €68,939 (+50.1%), from €137,593 to €206,532
- Tax, wage and social debts +€18,639
up €18,639 (+137.5%), from €13,552 to €32,191
of which Taxes: +€18,639
No income-statement line moved by more than 1% of the activity.
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 | €158,083 | €247,653 | +€89,569 | +56.7% |
| Current assets | 29/58 | €158,083 | €247,653 | +€89,569 | +56.7% |
| Amounts receivable within one year | 40/41 | €70,075 | €500 | -€69,575 | -99.3% |
| Trade receivables | 40 | €69,575 | - | -€69,575 | |
| Other amounts receivable | 41 | €500 | €500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €88,009 | €247,153 | +€159,144 | +180.8% |
| Total equity and liabilities | 10/49 | €158,083 | €247,653 | +€89,569 | +56.7% |
| Equity | 10/15 | €142,593 | €211,532 | +€68,939 | +48.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €137,593 | €206,532 | +€68,939 | +50.1% |
| Distributable reserves | 133 | €137,593 | €206,532 | +€68,939 | +50.1% |
| Amounts payable | 17/49 | €15,491 | €36,121 | +€20,630 | +133.2% |
| Amounts payable within one year | 42/48 | €15,241 | €35,871 | +€20,630 | +135.4% |
| Trade debts | 44 | €194 | €206 | +€12 | +6.3% |
| Suppliers | 440/4 | €194 | €206 | +€12 | +6.3% |
| Taxes, remuneration and social security | 45 | €13,552 | €32,191 | +€18,639 | +137.5% |
| Taxes | 450/3 | €11,552 | €30,191 | +€18,639 | +161.3% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €1,495 | €3,474 | +€1,979 | +132.4% |
| Accrued charges and deferred income | 492/3 | €250 | €250 | = | 0.0% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €87,603 | €87,401 | -€202 | -0.2% |
| Operating profit (loss) | 9901 | €87,541 | €87,339 | -€202 | -0.2% |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.5% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €87,502 | €87,299 | -€203 | -0.2% |
| Income taxes | 67/77 | €17,500 | €17,460 | -€41 | -0.2% |
| Profit (loss) for the period | 9904 | €70,001 | €69,839 | -€162 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €70,001 | €69,839 | -€162 | -0.2% |
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 12 October 2026 via checked.be.