LOWIE RUDI: 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.
LOWIE RUDI
Largest movements
- Tangible fixed assets -€7,917
down €7,917 (-35.3%), from €22,435 to €14,518
- Receivables within one year +€4,150
up €4,150 (+49.4%), from €8,397 to €12,547
of which Trade receivables: +€3,410
- Cash +€465
up €465 (+14.8%), from €3,151 to €3,616
mainly Depreciation (+€7,917) and Net result for the year (+€4,404)
- Profit (loss) carried forward +€4,404
up €4,404 (+36.9%), from -€11,919 to -€7,515
- Debts after one year -€2,570
down €2,570 (-100.0%), from €2,570 to €0
- Current portion of long-term debt -€2,557
down €2,557 (-49.9%), from €5,127 to €2,570
- Tax, wage and social debts -€1,856
down €1,856 (-83.6%), from €2,222 to €365
- Trade debts -€369
down €369 (-8.7%), from €4,235 to €3,866
- Gross operating margin +€10,155
up €10,155 (+259.9%), from €3,907 to €14,062
- Financial charges -€427
down €427 (-41.9%), from €1,020 to €593
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 | €35,871 | €32,923 | -€2,948 | -8.2% |
| Fixed assets | 21/28 | €22,435 | €14,518 | -€7,917 | -35.3% |
| Tangible fixed assets | 22/27 | €22,435 | €14,518 | -€7,917 | -35.3% |
| Plant, machinery and equipment | 23 | €4,228 | €2,842 | -€1,386 | -32.8% |
| Furniture and vehicles | 24 | €7,812 | €4,380 | -€3,432 | -43.9% |
| Leasing and similar rights | 25 | €10,396 | €7,296 | -€3,100 | -29.8% |
| Current assets | 29/58 | €13,436 | €18,405 | +€4,969 | +37.0% |
| Amounts receivable within one year | 40/41 | €8,397 | €12,547 | +€4,150 | +49.4% |
| Trade receivables | 40 | €3,780 | €7,191 | +€3,410 | +90.2% |
| Other amounts receivable | 41 | €4,617 | €5,357 | +€740 | +16.0% |
| Cash at bank and in hand | 54/58 | €3,151 | €3,616 | +€465 | +14.8% |
| Deferred charges and accrued income | 490/1 | €1,888 | €2,242 | +€354 | +18.8% |
| Total equity and liabilities | 10/49 | €35,871 | €32,923 | -€2,948 | -8.2% |
| Equity | 10/15 | €21,718 | €26,122 | +€4,404 | +20.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €32,637 | €32,637 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €32,637 | €32,637 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,919 | -€7,515 | +€4,404 | +36.9% |
| Amounts payable | 17/49 | €14,153 | €6,801 | -€7,352 | -51.9% |
| Amounts payable after more than one year | 17 | €2,570 | €0 | -€2,570 | -100.0% |
| Financial debts | 170/4 | €2,570 | €0 | -€2,570 | -100.0% |
| Amounts payable within one year | 42/48 | €11,584 | €6,801 | -€4,782 | -41.3% |
| Current portion of amounts payable after more than one year | 42 | €5,127 | €2,570 | -€2,557 | -49.9% |
| Trade debts | 44 | €4,235 | €3,866 | -€369 | -8.7% |
| Suppliers | 440/4 | €4,235 | €3,866 | -€369 | -8.7% |
| Taxes, remuneration and social security | 45 | €2,222 | €365 | -€1,856 | -83.6% |
| Taxes | 450/3 | €2,222 | €365 | -€1,856 | -83.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,917 | €7,917 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,205 | €1,179 | -€26 | -2.1% |
| Gross operating margin | 9900 | €3,907 | €14,062 | +€10,155 | +259.9% |
| Operating profit (loss) | 9901 | -€5,215 | €4,966 | +€10,181 | |
| Financial income | 75/76B | €254 | €221 | -€33 | -13.0% |
| Recurring financial income | 75 | €254 | €221 | -€33 | -13.0% |
| Financial charges | 65/66B | €1,020 | €593 | -€427 | -41.9% |
| Recurring financial charges | 65 | €1,020 | €593 | -€427 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,981 | €4,594 | +€10,575 | |
| Income taxes | 67/77 | €176 | €190 | +€14 | +8.0% |
| Profit (loss) for the period | 9904 | -€6,157 | €4,404 | +€10,561 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,157 | €4,404 | +€10,561 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.