Immo Rucquoy: what changed
Immo Rucquoy
Largest movements
- Cash -€136,216
down €136,216 (-92.4%), from €147,387 to €11,171
mainly Current investments (-€80,029) and Current portion of long-term debt (-€23,821)
- Current investments +€80,029
up €80,029 (+317%), from €25,242 to €105,271
- Receivables within one year +€2,272
up €2,272 (+682%), from €333 to €2,605
- Current portion of long-term debt -€23,821
down €23,821 (-82.1%), from €29,026 to €5,205
- Other debts -€14,307
down €14,307 (-39.1%), from €36,554 to €22,246
- Reserves -€14,140
down €14,140 (-15.9%), from €88,924 to €74,784
of which Distributable reserves: -€14,140
- Financial income -€2,617
down €2,617 (-74.8%), from €3,498 to €882
- Gross operating margin -€1,461
down €1,461 (-8.1%), from €18,036 to €16,575
- Financial charges -€1,085
down €1,085 (-85.8%), from €1,265 to €180
- Other operating charges +€845
up €845 (+45.4%), from €1,861 to €2,706
- Taxes -€526
down €526 (-9.5%), from €5,560 to €5,034
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €183,534 | €129,620 | -€53,914 | -29.4% |
| Fixed assets | 21/28 | €10,572 | €10,572 | = | 0.0% |
| Tangible fixed assets | 22/27 | €10,572 | €10,572 | = | 0.0% |
| Land and buildings | 22 | €10,572 | €10,572 | = | 0.0% |
| Current assets | 29/58 | €172,962 | €119,048 | -€53,914 | -31.2% |
| Amounts receivable within one year | 40/41 | €333 | €2,605 | +€2,272 | +682% |
| Other amounts receivable | 41 | €333 | €2,605 | +€2,272 | +682% |
| Current investments | 50/53 | €25,242 | €105,271 | +€80,029 | +317% |
| Cash at bank and in hand | 54/58 | €147,387 | €11,171 | -€136,216 | -92.4% |
| Total equity and liabilities | 10/49 | €183,534 | €129,620 | -€53,914 | -29.4% |
| Equity | 10/15 | €113,924 | €99,784 | -€14,140 | -12.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €88,924 | €74,784 | -€14,140 | -15.9% |
| 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 | €86,424 | €72,284 | -€14,140 | -16.4% |
| Amounts payable | 17/49 | €69,610 | €29,836 | -€39,774 | -57.1% |
| Amounts payable within one year | 42/48 | €69,610 | €29,836 | -€39,774 | -57.1% |
| Current portion of amounts payable after more than one year | 42 | €29,026 | €5,205 | -€23,821 | -82.1% |
| Taxes, remuneration and social security | 45 | €4,031 | €2,385 | -€1,646 | -40.8% |
| Taxes | 450/3 | €4,031 | €2,385 | -€1,646 | -40.8% |
| Other amounts payable | 47/48 | €36,554 | €22,246 | -€14,307 | -39.1% |
| Other operating charges | 640/8 | €1,861 | €2,706 | +€845 | +45.4% |
| Gross operating margin | 9900 | €18,036 | €16,575 | -€1,461 | -8.1% |
| Operating profit (loss) | 9901 | €16,175 | €13,869 | -€2,306 | -14.3% |
| Financial income | 75/76B | €3,498 | €882 | -€2,617 | -74.8% |
| Recurring financial income | 75 | €3,498 | €882 | -€2,617 | -74.8% |
| Financial charges | 65/66B | €1,265 | €180 | -€1,085 | -85.8% |
| Recurring financial charges | 65 | €1,265 | €180 | -€1,085 | -85.8% |
| Profit (loss) for the period before taxes | 9903 | €18,409 | €14,571 | -€3,837 | -20.8% |
| Income taxes | 67/77 | €5,560 | €5,034 | -€526 | -9.5% |
| Profit (loss) for the period | 9904 | €12,849 | €9,537 | -€3,311 | -25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,849 | €9,537 | -€3,311 | -25.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.