Rubektro: 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.
Rubektro
Largest movements
- Tangible fixed assets -€6,548
down €6,548 (-14.0%), from €46,618 to €40,070
of which Furniture and vehicles: -€5,057
- Receivables within one year +€6,079
up €6,079 (+42.4%), from €14,336 to €20,415
of which Trade receivables: +€3,975
- Reserves +€20,412
up €20,412 (+59.1%), from €34,512 to €54,924
- Debts after one year -€12,143
down €12,143 (-43.4%), from €27,982 to €15,840
- Other debts -€7,654
down €7,654 (-90.0%), from €8,504 to €850
- Trade debts -€1,688
down €1,688 (-79.1%), from €2,135 to €447
- Depreciation +€2,774
up €2,774 (+27.8%), from €9,990 to €12,765
- Gross operating margin +€1,034
up €1,034 (+2.4%), from €43,954 to €44,987
- Taxes +€597
up €597 (+7.3%), from €8,163 to €8,760
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 | €93,177 | €92,903 | -€274 | -0.3% |
| Fixed assets | 21/28 | €47,018 | €40,070 | -€6,948 | -14.8% |
| Tangible fixed assets | 22/27 | €46,618 | €40,070 | -€6,548 | -14.0% |
| Plant, machinery and equipment | 23 | €2,860 | €1,370 | -€1,490 | -52.1% |
| Furniture and vehicles | 24 | €43,758 | €38,700 | -€5,057 | -11.6% |
| Financial fixed assets | 28 | €400 | - | -€400 | |
| Current assets | 29/58 | €46,158 | €52,833 | +€6,674 | +14.5% |
| Amounts receivable within one year | 40/41 | €14,336 | €20,415 | +€6,079 | +42.4% |
| Trade receivables | 40 | €8,186 | €12,161 | +€3,975 | +48.6% |
| Other amounts receivable | 41 | €6,150 | €8,254 | +€2,104 | +34.2% |
| Cash at bank and in hand | 54/58 | €31,478 | €32,115 | +€637 | +2.0% |
| Deferred charges and accrued income | 490/1 | €344 | €302 | -€42 | -12.1% |
| Total equity and liabilities | 10/49 | €93,177 | €92,903 | -€274 | -0.3% |
| Equity | 10/15 | €36,312 | €56,724 | +€20,412 | +56.2% |
| Contributions | 10/11 | €1,800 | €1,800 | = | 0.0% |
| Contributions outside capital | 11 | €1,800 | €1,800 | = | 0.0% |
| Share premium | 1100/10 | €1,800 | €1,800 | = | 0.0% |
| Reserves | 13 | €34,512 | €54,924 | +€20,412 | +59.1% |
| Distributable reserves | 133 | €34,512 | €54,924 | +€20,412 | +59.1% |
| Amounts payable | 17/49 | €56,865 | €36,179 | -€20,686 | -36.4% |
| Amounts payable after more than one year | 17 | €27,982 | €15,840 | -€12,143 | -43.4% |
| Financial debts | 170/4 | €27,982 | €15,840 | -€12,143 | -43.4% |
| Amounts payable within one year | 42/48 | €28,882 | €20,340 | -€8,543 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €11,692 | €12,143 | +€451 | +3.9% |
| Trade debts | 44 | €2,135 | €447 | -€1,688 | -79.1% |
| Suppliers | 440/4 | €2,135 | €447 | -€1,688 | -79.1% |
| Taxes, remuneration and social security | 45 | €6,552 | €6,900 | +€348 | +5.3% |
| Taxes | 450/3 | €5,228 | €6,668 | +€1,440 | +27.5% |
| Remuneration and social security | 454/9 | €1,324 | €232 | -€1,092 | -82.5% |
| Other amounts payable | 47/48 | €8,504 | €850 | -€7,654 | -90.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,990 | €12,765 | +€2,774 | +27.8% |
| Other operating charges | 640/8 | €535 | €824 | +€289 | +54.0% |
| Non-recurring operating charges | 66A | €3,987 | - | -€3,987 | |
| Gross operating margin | 9900 | €43,954 | €44,987 | +€1,034 | +2.4% |
| Operating profit (loss) | 9901 | €29,441 | €31,398 | +€1,957 | +6.6% |
| Financial income | 75/76B | €38 | €84 | +€46 | +123% |
| Recurring financial income | 75 | €38 | €84 | +€46 | +123% |
| Financial charges | 65/66B | €1,680 | €1,460 | -€220 | -13.1% |
| Recurring financial charges | 65 | €1,680 | €1,460 | -€220 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €27,799 | €30,022 | +€2,224 | +8.0% |
| Income taxes | 67/77 | €8,163 | €8,760 | +€597 | +7.3% |
| Profit (loss) for the period | 9904 | €19,636 | €21,262 | +€1,626 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,636 | €21,262 | +€1,626 | +8.3% |
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 17 October 2026 via checked.be.