Ruben: 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.
Ruben
Largest movements
- Receivables within one year -€53,601
down €53,601 (-73.1%), from €73,354 to €19,754
of which Other amounts receivable: -€53,701
- Tangible fixed assets +€6,205
up €6,205 (+90.1%), from €6,890 to €13,095
of which Furniture and vehicles: +€7,770
- Cash +€5,942
up €5,942 (+298.1%), from €1,993 to €7,935
- Stocks and contracts +€3,500
up €3,500 (+350.0%), from €1,000 to €4,500
- Financial fixed assets +€2,400
up €2,400 (+40.0%), from €6,000 to €8,400
- Tax, wage and social debts -€17,983
down €17,983 (-88.7%), from €20,265 to €2,282
of which Remuneration and social security: -€11,972
- Trade debts -€14,336
down €14,336 (-64.8%), from €22,116 to €7,780
- Debts after one year +€4,694
up €4,694 (+109.4%), from €4,290 to €8,983
- Other debts -€4,152
no longer reported in 2024 (was €4,152)
- Profit (loss) carried forward -€3,777
down €3,777 (-20.5%), from €18,415 to €14,638
- Depreciation +€7,854
up €7,854 (+283.7%), from €2,768 to €10,622
- Gross operating margin +€4,368
up €4,368 (+13.4%), from €32,579 to €36,947
- Staff costs -€2,699
down €2,699 (-7.9%), from €34,239 to €31,541
- Financial charges +€780
up €780 (+64.7%), from €1,206 to €1,986
- Other operating charges +€550
up €550 (+1100.0%), from €50 to €600
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,237 | €53,684 | -€35,554 | -39.8% |
| Fixed assets | 21/28 | €12,890 | €21,495 | +€8,605 | +66.8% |
| Tangible fixed assets | 22/27 | €6,890 | €13,095 | +€6,205 | +90.1% |
| Plant, machinery and equipment | 23 | €4,537 | €3,658 | -€879 | -19.4% |
| Furniture and vehicles | 24 | €979 | €8,749 | +€7,770 | +794.1% |
| Other tangible fixed assets | 26 | €1,375 | €689 | -€686 | -49.9% |
| Financial fixed assets | 28 | €6,000 | €8,400 | +€2,400 | +40.0% |
| Current assets | 29/58 | €76,347 | €32,188 | -€44,159 | -57.8% |
| Stocks and contracts in progress | 3 | €1,000 | €4,500 | +€3,500 | +350.0% |
| Stocks | 30/36 | €1,000 | €4,500 | +€3,500 | +350.0% |
| Amounts receivable within one year | 40/41 | €73,354 | €19,754 | -€53,601 | -73.1% |
| Trade receivables | 40 | €1,664 | €1,765 | +€101 | +6.1% |
| Other amounts receivable | 41 | €71,690 | €17,989 | -€53,701 | -74.9% |
| Cash at bank and in hand | 54/58 | €1,993 | €7,935 | +€5,942 | +298.1% |
| Total equity and liabilities | 10/49 | €89,237 | €53,684 | -€35,554 | -39.8% |
| Equity | 10/15 | €38,415 | €34,638 | -€3,777 | -9.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | - | €5,000 | +€5,000 | |
| Issued capital | 100 | - | €5,000 | +€5,000 | |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,415 | €14,638 | -€3,777 | -20.5% |
| Amounts payable | 17/49 | €50,822 | €19,045 | -€31,777 | -62.5% |
| Amounts payable after more than one year | 17 | €4,290 | €8,983 | +€4,694 | +109.4% |
| Financial debts | 170/4 | €4,290 | €8,983 | +€4,694 | +109.4% |
| Amounts payable within one year | 42/48 | €46,532 | €10,062 | -€36,471 | -78.4% |
| Trade debts | 44 | €22,116 | €7,780 | -€14,336 | -64.8% |
| Suppliers | 440/4 | €22,116 | €7,780 | -€14,336 | -64.8% |
| Taxes, remuneration and social security | 45 | €20,265 | €2,282 | -€17,983 | -88.7% |
| Taxes | 450/3 | €6,011 | - | -€6,011 | |
| Remuneration and social security | 454/9 | €14,254 | €2,282 | -€11,972 | -84.0% |
| Other amounts payable | 47/48 | €4,152 | - | -€4,152 | |
| Remuneration, social security and pensions | 62 | €34,239 | €31,541 | -€2,699 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,768 | €10,622 | +€7,854 | +283.7% |
| Other operating charges | 640/8 | €50 | €600 | +€550 | +1100.0% |
| Gross operating margin | 9900 | €32,579 | €36,947 | +€4,368 | +13.4% |
| Operating profit (loss) | 9901 | -€4,479 | -€5,816 | -€1,337 | -29.8% |
| Financial income | 75/76B | €100 | - | -€100 | |
| Recurring financial income | 75 | €100 | - | -€100 | |
| Financial charges | 65/66B | €1,206 | €1,986 | +€780 | +64.7% |
| Recurring financial charges | 65 | €1,206 | €1,986 | +€780 | +64.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,585 | -€7,801 | -€2,217 | -39.7% |
| Profit (loss) for the period | 9904 | -€5,585 | -€7,801 | -€2,217 | -39.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,585 | -€7,801 | -€2,217 | -39.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.