RUBEX Co: what changed
Two fiscal 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.
RUBEX Co
Largest movements
- Cash -€13,525
down €13,525 (-47.1%), from €28,713 to €15,188
mainly Contributions, distributions and other (-€13,524) and Net result for the year (-€10,277)
- Receivables within one year +€4,875
up €4,875 (+181.3%), from €2,689 to €7,565
of which Trade receivables: +€5,192
- Stocks and contracts -€2,500
down €2,500 (-20.0%), from €12,500 to €10,000
- Tangible fixed assets +€1,360
new in 2025: €1,360
- Reserves -€13,524
down €13,524 (-70.4%), from €19,220 to €5,696
- Other debts +€13,387
up €13,387 (+210.1%), from €6,372 to €19,759
- Profit (loss) carried forward -€10,277
down €10,277, from €4,323 to -€5,953
- Gross operating margin -€4,143
down €4,143, from €1,758 to -€2,385
- Write-downs +€3,452
new in 2025: €3,452
- Financial charges +€1,430
up €1,430 (+201.5%), from €710 to €2,140
- Other operating charges +€1,317
up €1,317 (+193.7%), from €680 to €1,997
- Depreciation -€335
down €335 (-70.6%), from €475 to €140
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 | €43,933 | €34,113 | -€9,820 | -22.4% |
| Fixed assets | 21/28 | - | €1,360 | +€1,360 | |
| Tangible fixed assets | 22/27 | - | €1,360 | +€1,360 | |
| Plant, machinery and equipment | 23 | - | €1,360 | +€1,360 | |
| Current assets | 29/58 | €43,933 | €32,752 | -€11,181 | -25.4% |
| Stocks and contracts in progress | 3 | €12,500 | €10,000 | -€2,500 | -20.0% |
| Stocks | 30/36 | €12,500 | €10,000 | -€2,500 | -20.0% |
| Amounts receivable within one year | 40/41 | €2,689 | €7,565 | +€4,875 | +181.3% |
| Trade receivables | 40 | €1,510 | €6,702 | +€5,192 | +343.8% |
| Other amounts receivable | 41 | €1,179 | €863 | -€317 | -26.9% |
| Cash at bank and in hand | 54/58 | €28,713 | €15,188 | -€13,525 | -47.1% |
| Deferred charges and accrued income | 490/1 | €30 | - | -€30 | |
| Total equity and liabilities | 10/49 | €43,933 | €34,113 | -€9,820 | -22.4% |
| Equity | 10/15 | €35,943 | €12,142 | -€23,800 | -66.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,220 | €5,696 | -€13,524 | -70.4% |
| Distributable reserves | 133 | €19,220 | €5,696 | -€13,524 | -70.4% |
| Profit (loss) carried forward | 14 | €4,323 | -€5,953 | -€10,277 | |
| Amounts payable | 17/49 | €7,990 | €21,970 | +€13,980 | +175.0% |
| Amounts payable within one year | 42/48 | €7,990 | €21,970 | +€13,980 | +175.0% |
| Trade debts | 44 | €1,171 | €1,512 | +€341 | +29.1% |
| Suppliers | 440/4 | €1,171 | €1,512 | +€341 | +29.1% |
| Taxes, remuneration and social security | 45 | €447 | €699 | +€252 | +56.3% |
| Taxes | 450/3 | €447 | €699 | +€252 | +56.3% |
| Other amounts payable | 47/48 | €6,372 | €19,759 | +€13,387 | +210.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €475 | €140 | -€335 | -70.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,452 | +€3,452 | |
| Other operating charges | 640/8 | €680 | €1,997 | +€1,317 | +193.7% |
| Gross operating margin | 9900 | €1,758 | -€2,385 | -€4,143 | |
| Operating profit (loss) | 9901 | €603 | -€7,974 | -€8,576 | |
| Financial income | 75/76B | €135 | €89 | -€46 | -33.8% |
| Recurring financial income | 75 | €135 | €89 | -€46 | -33.8% |
| Financial charges | 65/66B | €710 | €2,140 | +€1,430 | +201.5% |
| Recurring financial charges | 65 | €710 | €2,140 | +€1,430 | +201.5% |
| Profit (loss) for the period before taxes | 9903 | €28 | -€10,025 | -€10,052 | |
| Income taxes | 67/77 | €228 | €252 | +€23 | +10.3% |
| Profit (loss) for the period | 9904 | -€201 | -€10,277 | -€10,076 | -5019.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€201 | -€10,277 | -€10,076 | -5019.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.