Rubber Duck Consulting: what changed
Rubber Duck Consulting
Largest movements
- Cash +€63,343
up €63,343 (+111%), from €57,059 to €120,401
mainly Net result for the year (+€52,856) and Tax, wage and social debts (+€21,739)
- Receivables within one year -€5,932
down €5,932 (-28.8%), from €20,596 to €14,664
- Tangible fixed assets -€2,401
down €2,401 (-24.3%), from €9,889 to €7,488
of which Furniture and vehicles: -€2,913
- Reserves +€52,856
up €52,856 (+155%), from €33,994 to €86,850
- Tax, wage and social debts +€21,739
up €21,739 (+111%), from €19,511 to €41,250
of which Taxes: +€11,372
- Other debts -€15,435
down €15,435 (-65.9%), from €23,435 to €8,000
- Trade debts -€3,324
down €3,324 (-60.4%), from €5,507 to €2,183
- Gross operating margin +€22,861
up €22,861 (+45.5%), from €50,280 to €73,141
- Taxes +€5,197
up €5,197 (+59.9%), from €8,671 to €13,867
- Depreciation +€1,846
up €1,846 (+100%), from €1,843 to €3,689
- Financial charges +€1,602
up €1,602 (+247%), from €649 to €2,251
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 | €87,543 | €143,379 | +€55,836 | +63.8% |
| Fixed assets | 21/28 | €9,889 | €7,488 | -€2,401 | -24.3% |
| Tangible fixed assets | 22/27 | €9,889 | €7,488 | -€2,401 | -24.3% |
| Plant, machinery and equipment | 23 | €2,597 | €3,110 | +€513 | +19.8% |
| Furniture and vehicles | 24 | €7,292 | €4,379 | -€2,913 | -40.0% |
| Current assets | 29/58 | €77,654 | €135,891 | +€58,236 | +75.0% |
| Amounts receivable within one year | 40/41 | €20,596 | €14,664 | -€5,932 | -28.8% |
| Trade receivables | 40 | €20,596 | €14,664 | -€5,932 | -28.8% |
| Cash at bank and in hand | 54/58 | €57,059 | €120,401 | +€63,343 | +111% |
| Deferred charges and accrued income | 490/1 | - | €826 | +€826 | |
| Total equity and liabilities | 10/49 | €87,543 | €143,379 | +€55,836 | +63.8% |
| Equity | 10/15 | €37,994 | €90,850 | +€52,856 | +139% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €33,994 | €86,850 | +€52,856 | +155% |
| Distributable reserves | 133 | €33,994 | €86,850 | +€52,856 | +155% |
| Amounts payable | 17/49 | €49,549 | €52,529 | +€2,980 | +6.0% |
| Amounts payable within one year | 42/48 | €48,453 | €51,433 | +€2,980 | +6.1% |
| Trade debts | 44 | €5,507 | €2,183 | -€3,324 | -60.4% |
| Suppliers | 440/4 | €5,507 | €2,183 | -€3,324 | -60.4% |
| Taxes, remuneration and social security | 45 | €19,511 | €41,250 | +€21,739 | +111% |
| Taxes | 450/3 | €19,511 | €30,883 | +€11,372 | +58.3% |
| Remuneration and social security | 454/9 | - | €10,367 | +€10,367 | |
| Other amounts payable | 47/48 | €23,435 | €8,000 | -€15,435 | -65.9% |
| Accrued charges and deferred income | 492/3 | €1,096 | €1,096 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,843 | €3,689 | +€1,846 | +100% |
| Other operating charges | 640/8 | €123 | €478 | +€355 | +288% |
| Gross operating margin | 9900 | €50,280 | €73,141 | +€22,861 | +45.5% |
| Operating profit (loss) | 9901 | €48,313 | €68,974 | +€20,661 | +42.8% |
| Financial charges | 65/66B | €649 | €2,251 | +€1,602 | +247% |
| Recurring financial charges | 65 | €649 | €2,251 | +€1,602 | +247% |
| Profit (loss) for the period before taxes | 9903 | €47,664 | €66,723 | +€19,059 | +40.0% |
| Income taxes | 67/77 | €8,671 | €13,867 | +€5,197 | +59.9% |
| Profit (loss) for the period | 9904 | €38,994 | €52,856 | +€13,862 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,994 | €52,856 | +€13,862 | +35.6% |
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 6 November 2026 via checked.be.