RUBICON LC: 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.
RUBICON LC
Largest movements
- Tangible fixed assets -€9,555
down €9,555 (-9.4%), from €101,495 to €91,940
of which Land and buildings: -€8,443
- Debts after one year -€10,000
down €10,000 (-12.0%), from €83,167 to €73,167
- Profit (loss) carried forward +€7,129
up €7,129 (+9.0%), from -€79,062 to -€71,933
- Other debts -€5,021
down €5,021 (-7.0%), from €71,815 to €66,794
- Tax, wage and social debts -€4,377
down €4,377 (-39.5%), from €11,081 to €6,704
of which Taxes: -€5,827
- Current portion of long-term debt +€1,322
up €1,322 (+16.1%), from €8,211 to €9,533
- Gross operating margin -€4,517
down €4,517 (-19.4%), from €23,241 to €18,724
- Staff costs +€1,302
up €1,302, from -€1,082 to €220
- Depreciation +€442
up €442 (+4.8%), from €9,243 to €9,684
From the 2023 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €122,522 | €112,026 | -€10,496 | -8.6% |
| Fixed assets | 21/28 | €106,995 | €97,440 | -€9,555 | -8.9% |
| Tangible fixed assets | 22/27 | €101,495 | €91,940 | -€9,555 | -9.4% |
| Land and buildings | 22 | €98,115 | €89,671 | -€8,443 | -8.6% |
| Furniture and vehicles | 24 | €3,069 | €1,786 | -€1,283 | -41.8% |
| Other tangible fixed assets | 26 | €311 | €483 | +€172 | +55.2% |
| Financial fixed assets | 28 | €5,500 | €5,500 | = | 0.0% |
| Current assets | 29/58 | €15,527 | €14,586 | -€941 | -6.1% |
| Stocks and contracts in progress | 3 | €11,984 | €11,843 | -€141 | -1.2% |
| Stocks | 30/36 | €11,984 | €11,843 | -€141 | -1.2% |
| Cash at bank and in hand | 54/58 | €3,543 | €2,743 | -€800 | -22.6% |
| Total equity and liabilities | 10/49 | €122,522 | €112,026 | -€10,496 | -8.6% |
| Equity | 10/15 | -€54,062 | -€46,933 | +€7,129 | +13.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,062 | -€71,933 | +€7,129 | +9.0% |
| Amounts payable | 17/49 | €176,583 | €158,959 | -€17,624 | -10.0% |
| Amounts payable after more than one year | 17 | €83,167 | €73,167 | -€10,000 | -12.0% |
| Financial debts | 170/4 | €83,167 | €73,167 | -€10,000 | -12.0% |
| Amounts payable within one year | 42/48 | €93,416 | €85,792 | -€7,624 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €8,211 | €9,533 | +€1,322 | +16.1% |
| Trade debts | 44 | €2,308 | €2,760 | +€452 | +19.6% |
| Suppliers | 440/4 | €2,308 | €2,760 | +€452 | +19.6% |
| Taxes, remuneration and social security | 45 | €11,081 | €6,704 | -€4,377 | -39.5% |
| Taxes | 450/3 | €8,422 | €2,595 | -€5,827 | -69.2% |
| Remuneration and social security | 454/9 | €2,660 | €4,110 | +€1,450 | +54.5% |
| Other amounts payable | 47/48 | €71,815 | €66,794 | -€5,021 | -7.0% |
| Remuneration, social security and pensions | 62 | -€1,082 | €220 | +€1,302 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,243 | €9,684 | +€442 | +4.8% |
| Other operating charges | 640/8 | €1,083 | €1,082 | -€1 | -0.1% |
| Gross operating margin | 9900 | €23,241 | €18,724 | -€4,517 | -19.4% |
| Operating profit (loss) | 9901 | €13,998 | €7,739 | -€6,259 | -44.7% |
| Financial charges | 65/66B | €538 | €348 | -€190 | -35.3% |
| Recurring financial charges | 65 | €538 | €348 | -€190 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | €13,459 | €7,391 | -€6,069 | -45.1% |
| Income taxes | 67/77 | €168 | €262 | +€94 | +55.9% |
| Profit (loss) for the period | 9904 | €13,291 | €7,129 | -€6,163 | -46.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,291 | €7,129 | -€6,163 | -46.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.