ORANE RUTTEN: 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.
ORANE RUTTEN
Largest movements
- Receivables within one year +€9,077
up €9,077 (+140%), from €6,496 to €15,573
of which Other amounts receivable: +€15,573
- Cash -€6,077
down €6,077 (-25.2%), from €24,125 to €18,048
mainly Receivables within one year (-€9,077) and Trade debts (-€3,894)
- Reserves +€9,375
up €9,375 (+83.6%), from €11,212 to €20,587
- Trade debts -€3,894
down €3,894 (-83.2%), from €4,680 to €785
- Tax, wage and social debts -€2,252
down €2,252 (-18.8%), from €12,001 to €9,748
of which Remuneration and social security: -€1,860
- Accrued charges and deferred income -€399
no longer reported in 2025 (was €399)
- Gross operating margin -€6,048
down €6,048 (-33.7%), from €17,945 to €11,897
- Taxes -€2,940
down €2,940 (-52.2%), from €5,632 to €2,691
- Depreciation -€933
no longer reported in 2025 (was €933)
- Financial income +€291
up €291 (+72.6%), from €401 to €691
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 | €30,844 | €33,621 | +€2,777 | +9.0% |
| Current assets | 29/58 | €30,844 | €33,621 | +€2,777 | +9.0% |
| Amounts receivable within one year | 40/41 | €6,496 | €15,573 | +€9,077 | +140% |
| Trade receivables | 40 | €6,496 | - | -€6,496 | |
| Other amounts receivable | 41 | - | €15,573 | +€15,573 | |
| Cash at bank and in hand | 54/58 | €24,125 | €18,048 | -€6,077 | -25.2% |
| Deferred charges and accrued income | 490/1 | €223 | - | -€223 | |
| Total equity and liabilities | 10/49 | €30,844 | €33,621 | +€2,777 | +9.0% |
| Equity | 10/15 | €13,712 | €23,087 | +€9,375 | +68.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €11,212 | €20,587 | +€9,375 | +83.6% |
| Distributable reserves | 133 | €11,212 | €20,587 | +€9,375 | +83.6% |
| Amounts payable | 17/49 | €17,131 | €10,534 | -€6,598 | -38.5% |
| Amounts payable within one year | 42/48 | €16,732 | €10,534 | -€6,199 | -37.0% |
| Trade debts | 44 | €4,680 | €785 | -€3,894 | -83.2% |
| Suppliers | 440/4 | €4,680 | €785 | -€3,894 | -83.2% |
| Taxes, remuneration and social security | 45 | €12,001 | €9,748 | -€2,252 | -18.8% |
| Taxes | 450/3 | €9,501 | €9,108 | -€392 | -4.1% |
| Remuneration and social security | 454/9 | €2,500 | €640 | -€1,860 | -74.4% |
| Other amounts payable | 47/48 | €52 | - | -€52 | |
| Accrued charges and deferred income | 492/3 | €399 | - | -€399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €933 | - | -€933 | |
| Other operating charges | 640/8 | €483 | €426 | -€57 | -11.8% |
| Gross operating margin | 9900 | €17,945 | €11,897 | -€6,048 | -33.7% |
| Operating profit (loss) | 9901 | €16,528 | €11,470 | -€5,058 | -30.6% |
| Financial income | 75/76B | €401 | €691 | +€291 | +72.6% |
| Recurring financial income | 75 | €401 | €691 | +€291 | +72.6% |
| Financial charges | 65/66B | €85 | €96 | +€11 | +13.0% |
| Recurring financial charges | 65 | €85 | €96 | +€11 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €16,844 | €12,066 | -€4,778 | -28.4% |
| Income taxes | 67/77 | €5,632 | €2,691 | -€2,940 | -52.2% |
| Profit (loss) for the period | 9904 | €11,212 | €9,375 | -€1,838 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,212 | €9,375 | -€1,838 | -16.4% |
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 18 October 2026 via checked.be.