Dr Ruche: 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.
Dr Ruche
Largest movements
- Cash +€32,626
up €32,626 (+50.0%), from €65,274 to €97,900
mainly Net result for the year (+€110,776) and Other debts (+€39,813)
- Tangible fixed assets +€13,033
up €13,033 (+17.1%), from €76,350 to €89,383
of which Land and buildings: +€14,204
- Current investments +€4,000
up €4,000 (+12.7%), from €31,582 to €35,582
- Deferred charges and accrued income +€2,701
up €2,701 (+74.7%), from €3,614 to €6,314
- Other debts +€39,813
up €39,813 (+37.9%), from €105,069 to €144,882
- Reserves +€11,776
up €11,776 (+19.8%), from €59,331 to €71,108
- Gross operating margin -€6,882
down €6,882 (-4.3%), from €161,838 to €154,956
- Depreciation -€2,102
down €2,102 (-19.0%), from €11,069 to €8,966
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 | €181,963 | €233,418 | +€51,454 | +28.3% |
| Fixed assets | 21/28 | €76,354 | €89,383 | +€13,028 | +17.1% |
| Intangible fixed assets | 21 | €4 | €0 | -€4 | -100% |
| Tangible fixed assets | 22/27 | €76,350 | €89,383 | +€13,033 | +17.1% |
| Land and buildings | 22 | €67,594 | €81,797 | +€14,204 | +21.0% |
| Plant, machinery and equipment | 23 | €5,642 | €4,193 | -€1,449 | -25.7% |
| Furniture and vehicles | 24 | €3,114 | €3,392 | +€278 | +8.9% |
| Current assets | 29/58 | €105,609 | €144,035 | +€38,426 | +36.4% |
| Amounts receivable within one year | 40/41 | €5,139 | €4,239 | -€900 | -17.5% |
| Trade receivables | 40 | €3,668 | €4,239 | +€571 | +15.6% |
| Other amounts receivable | 41 | €1,471 | €0 | -€1,471 | -100% |
| Current investments | 50/53 | €31,582 | €35,582 | +€4,000 | +12.7% |
| Cash at bank and in hand | 54/58 | €65,274 | €97,900 | +€32,626 | +50.0% |
| Deferred charges and accrued income | 490/1 | €3,614 | €6,314 | +€2,701 | +74.7% |
| Total equity and liabilities | 10/49 | €181,963 | €233,418 | +€51,454 | +28.3% |
| Equity | 10/15 | €64,331 | €76,108 | +€11,776 | +18.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €59,331 | €71,108 | +€11,776 | +19.8% |
| Distributable reserves | 133 | €59,331 | €71,108 | +€11,776 | +19.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €117,632 | €157,310 | +€39,678 | +33.7% |
| Amounts payable within one year | 42/48 | €117,632 | €157,310 | +€39,678 | +33.7% |
| Trade debts | 44 | €1,443 | €1,694 | +€251 | +17.4% |
| Suppliers | 440/4 | €1,443 | €1,694 | +€251 | +17.4% |
| Taxes, remuneration and social security | 45 | €11,120 | €10,734 | -€386 | -3.5% |
| Taxes | 450/3 | €11,120 | €10,734 | -€386 | -3.5% |
| Other amounts payable | 47/48 | €105,069 | €144,882 | +€39,813 | +37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,069 | €8,966 | -€2,102 | -19.0% |
| Other operating charges | 640/8 | €821 | €847 | +€27 | +3.3% |
| Non-recurring operating charges | 66A | €960 | €0 | -€960 | -100% |
| Gross operating margin | 9900 | €161,838 | €154,956 | -€6,882 | -4.3% |
| Operating profit (loss) | 9901 | €148,989 | €145,142 | -€3,846 | -2.6% |
| Financial income | 75/76B | €357 | €1,412 | +€1,055 | +296% |
| Recurring financial income | 75 | €357 | €1,412 | +€1,055 | +296% |
| Financial charges | 65/66B | €5,284 | €5,105 | -€179 | -3.4% |
| Recurring financial charges | 65 | €5,284 | €5,105 | -€179 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €144,061 | €141,449 | -€2,612 | -1.8% |
| Income taxes | 67/77 | €31,986 | €30,673 | -€1,313 | -4.1% |
| Profit (loss) for the period | 9904 | €112,076 | €110,776 | -€1,299 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €112,076 | €110,776 | -€1,299 | -1.2% |
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 13 October 2026 via checked.be.