RUBBIK: 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.
RUBBIK
Largest movements
- Cash -€35,460
down €35,460 (-19.8%), from €179,226 to €143,766
mainly Other debts (-€30,182) and Investment in fixed assets (net) (-€10,499)
- Tangible fixed assets +€7,487
up €7,487 (+180.8%), from €4,142 to €11,629
of which Furniture and vehicles: +€7,716
- Receivables within one year +€4,661
up €4,661 (+16.0%), from €29,191 to €33,852
of which Other amounts receivable: +€7,283
- Other debts -€30,182
down €30,182 (-53.0%), from €56,989 to €26,807
- Reserves +€16,175
up €16,175 (+20.5%), from €78,964 to €95,139
of which Distributable reserves: +€16,175
- Tax, wage and social debts -€9,365
down €9,365 (-58.4%), from €16,023 to €6,658
of which Taxes: -€7,355
- Gross operating margin -€17,537
down €17,537 (-38.3%), from €45,732 to €28,195
- Taxes -€4,531
down €4,531 (-36.1%), from €12,540 to €8,009
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 | €214,455 | €190,274 | -€24,181 | -11.3% |
| Fixed assets | 21/28 | €4,171 | €11,658 | +€7,487 | +179.5% |
| Tangible fixed assets | 22/27 | €4,142 | €11,629 | +€7,487 | +180.8% |
| Furniture and vehicles | 24 | €3,013 | €10,729 | +€7,716 | +256.1% |
| Other tangible fixed assets | 26 | €1,129 | €900 | -€229 | -20.3% |
| Financial fixed assets | 28 | €29 | €29 | = | 0.0% |
| Current assets | 29/58 | €210,284 | €178,616 | -€31,668 | -15.1% |
| Amounts receivable within one year | 40/41 | €29,191 | €33,852 | +€4,661 | +16.0% |
| Trade receivables | 40 | €26,348 | €23,726 | -€2,622 | -10.0% |
| Other amounts receivable | 41 | €2,843 | €10,126 | +€7,283 | +256.2% |
| Cash at bank and in hand | 54/58 | €179,226 | €143,766 | -€35,460 | -19.8% |
| Deferred charges and accrued income | 490/1 | €1,867 | €998 | -€869 | -46.5% |
| Total equity and liabilities | 10/49 | €214,455 | €190,274 | -€24,181 | -11.3% |
| Equity | 10/15 | €140,464 | €156,639 | +€16,175 | +11.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €78,964 | €95,139 | +€16,175 | +20.5% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €72,814 | €88,989 | +€16,175 | +22.2% |
| Amounts payable | 17/49 | €73,991 | €33,635 | -€40,356 | -54.5% |
| Amounts payable within one year | 42/48 | €73,991 | €33,635 | -€40,356 | -54.5% |
| Trade debts | 44 | €979 | €170 | -€809 | -82.6% |
| Suppliers | 440/4 | €979 | €170 | -€809 | -82.6% |
| Taxes, remuneration and social security | 45 | €16,023 | €6,658 | -€9,365 | -58.4% |
| Taxes | 450/3 | €14,013 | €6,658 | -€7,355 | -52.5% |
| Remuneration and social security | 454/9 | €2,010 | - | -€2,010 | |
| Other amounts payable | 47/48 | €56,989 | €26,807 | -€30,182 | -53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,408 | €3,012 | -€396 | -11.6% |
| Other operating charges | 640/8 | €1,050 | €1,311 | +€261 | +24.9% |
| Gross operating margin | 9900 | €45,732 | €28,195 | -€17,537 | -38.3% |
| Operating profit (loss) | 9901 | €41,274 | €23,872 | -€17,402 | -42.2% |
| Financial income | 75/76B | €1,279 | €987 | -€292 | -22.8% |
| Recurring financial income | 75 | €1,279 | €987 | -€292 | -22.8% |
| Financial charges | 65/66B | €892 | €676 | -€216 | -24.2% |
| Recurring financial charges | 65 | €892 | €676 | -€216 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €41,661 | €24,183 | -€17,478 | -42.0% |
| Income taxes | 67/77 | €12,540 | €8,009 | -€4,531 | -36.1% |
| Profit (loss) for the period | 9904 | €29,121 | €16,174 | -€12,947 | -44.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,121 | €16,174 | -€12,947 | -44.5% |
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 11 October 2026 via checked.be.