Etn. RUTS: 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.
Etn. RUTS
Largest movements
- Cash -€170,030
down €170,030 (-74.4%), from €228,410 to €58,380
mainly Provisions (-€113,846) and Net result for the year (-€52,041)
- Provisions -€113,846
no longer reported in 2025 (was €113,846)
- Profit (loss) carried forward -€52,041
down €52,041 (-63.0%), from -€82,611 to -€134,652
- Staff costs +€113,757
new in 2025: €113,757
- Gross operating margin +€66,521
up €66,521, from -€11,327 to €55,194
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 | €420,292 | €254,406 | -€165,887 | -39.5% |
| Current assets | 29/58 | €420,292 | €254,406 | -€165,887 | -39.5% |
| Amounts receivable within one year | 40/41 | €191,882 | €196,025 | +€4,143 | +2.2% |
| Trade receivables | 40 | €6,200 | - | -€6,200 | |
| Other amounts receivable | 41 | €185,683 | €196,025 | +€10,343 | +5.6% |
| Cash at bank and in hand | 54/58 | €228,410 | €58,380 | -€170,030 | -74.4% |
| Total equity and liabilities | 10/49 | €420,292 | €254,406 | -€165,887 | -39.5% |
| Equity | 10/15 | €306,447 | €254,406 | -€52,041 | -17.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €370,466 | €370,466 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €368,607 | €368,607 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,611 | -€134,652 | -€52,041 | -63.0% |
| Provisions and deferred taxes | 16 | €113,846 | - | -€113,846 | |
| Provisions for liabilities and charges | 160/5 | €113,846 | - | -€113,846 | |
| Major repairs and maintenance | 162 | €113,846 | - | -€113,846 | |
| Non-recurring operating income | 76A | - | €107,646 | +€107,646 | |
| Remuneration, social security and pensions | 62 | - | €113,757 | +€113,757 | |
| Other operating charges | 640/8 | €2,006 | €1,665 | -€341 | -17.0% |
| Gross operating margin | 9900 | -€11,327 | €55,194 | +€66,521 | |
| Operating profit (loss) | 9901 | -€13,334 | -€60,229 | -€46,895 | -352% |
| Financial income | 75/76B | €10,248 | €10,347 | +€98 | +1.0% |
| Recurring financial income | 75 | €10,248 | €10,347 | +€98 | +1.0% |
| Financial charges | 65/66B | €1,732 | €2,159 | +€427 | +24.6% |
| Recurring financial charges | 65 | €1,732 | €2,159 | +€427 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,818 | -€52,041 | -€47,224 | -980% |
| Profit (loss) for the period | 9904 | -€4,818 | -€52,041 | -€47,224 | -980% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,818 | -€52,041 | -€47,224 | -980% |
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 24 October 2026 via checked.be.