RUBI GEMS: 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.
RUBI GEMS
Largest movements
- Cash -€54,111
down €54,111 (-68.1%), from €79,435 to €25,324
mainly Contributions, distributions and other (-€47,309) and Net result for the year (-€32,464)
- Tangible fixed assets -€34,071
down €34,071 (-11.2%), from €305,558 to €271,486
of which Land and buildings: -€41,981
- Receivables within one year +€7,737
up €7,737 (+27.3%), from €28,389 to €36,126
of which Trade receivables: +€9,739
- Reserves -€47,309
down €47,309 (-45.8%), from €103,269 to €55,959
- Profit (loss) carried forward -€32,464
down €32,464 (-134%), from -€24,263 to -€56,727
- Other debts +€26,501
up €26,501 (+26.8%), from €98,919 to €125,419
- Debts after one year -€18,843
down €18,843 (-18.6%), from €101,039 to €82,197
- Trade debts -€17,428
down €17,428 (-43.1%), from €40,474 to €23,046
- Gross operating margin -€24,348
down €24,348 (-55.4%), from €43,922 to €19,574
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 | €417,630 | €336,115 | -€81,515 | -19.5% |
| Fixed assets | 21/28 | €305,558 | €271,486 | -€34,071 | -11.2% |
| Tangible fixed assets | 22/27 | €305,558 | €271,486 | -€34,071 | -11.2% |
| Land and buildings | 22 | €299,905 | €257,924 | -€41,981 | -14.0% |
| Plant, machinery and equipment | 23 | €326 | €0 | -€326 | -100% |
| Furniture and vehicles | 24 | €5,326 | €13,562 | +€8,236 | +155% |
| Current assets | 29/58 | €112,072 | €64,628 | -€47,443 | -42.3% |
| Amounts receivable within one year | 40/41 | €28,389 | €36,126 | +€7,737 | +27.3% |
| Trade receivables | 40 | €26,374 | €36,113 | +€9,739 | +36.9% |
| Other amounts receivable | 41 | €2,015 | €13 | -€2,002 | -99.3% |
| Cash at bank and in hand | 54/58 | €79,435 | €25,324 | -€54,111 | -68.1% |
| Deferred charges and accrued income | 490/1 | €4,248 | €3,179 | -€1,069 | -25.2% |
| Total equity and liabilities | 10/49 | €417,630 | €336,115 | -€81,515 | -19.5% |
| Equity | 10/15 | €149,005 | €69,232 | -€79,773 | -53.5% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €103,269 | €55,959 | -€47,309 | -45.8% |
| Distributable reserves | 133 | €103,269 | €55,959 | -€47,309 | -45.8% |
| Profit (loss) carried forward | 14 | -€24,263 | -€56,727 | -€32,464 | -134% |
| Amounts payable | 17/49 | €268,624 | €266,882 | -€1,742 | -0.6% |
| Amounts payable after more than one year | 17 | €101,039 | €82,197 | -€18,843 | -18.6% |
| Financial debts | 170/4 | €101,039 | €82,197 | -€18,843 | -18.6% |
| Amounts payable within one year | 42/48 | €167,579 | €184,686 | +€17,106 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €24,823 | €28,475 | +€3,652 | +14.7% |
| Trade debts | 44 | €40,474 | €23,046 | -€17,428 | -43.1% |
| Suppliers | 440/4 | €40,474 | €23,046 | -€17,428 | -43.1% |
| Taxes, remuneration and social security | 45 | €3,363 | €7,746 | +€4,382 | +130% |
| Taxes | 450/3 | €3,363 | €7,746 | +€4,382 | +130% |
| Other amounts payable | 47/48 | €98,919 | €125,419 | +€26,501 | +26.8% |
| Accrued charges and deferred income | 492/3 | €6 | €0 | -€6 | -100% |
| Non-recurring operating income | 76A | - | €346 | +€346 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,728 | €47,032 | +€304 | +0.7% |
| Other operating charges | 640/8 | €2,960 | €2,633 | -€327 | -11.1% |
| Non-recurring operating charges | 66A | €1,665 | €0 | -€1,665 | -100% |
| Gross operating margin | 9900 | €43,922 | €19,574 | -€24,348 | -55.4% |
| Operating profit (loss) | 9901 | -€7,431 | -€30,092 | -€22,660 | -305% |
| Financial income | 75/76B | €0 | €9 | +€9 | +22,100% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +22,100% |
| Financial charges | 65/66B | €2,330 | €2,381 | +€51 | +2.2% |
| Recurring financial charges | 65 | €2,330 | €2,381 | +€51 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,762 | -€32,464 | -€22,702 | -233% |
| Profit (loss) for the period | 9904 | -€9,762 | -€32,464 | -€22,702 | -233% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,762 | -€32,464 | -€22,702 | -233% |
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 25 October 2026 via checked.be.