RUBIDECK: 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.
RUBIDECK
Largest movements
- Receivables within one year -€39,514
down €39,514 (-47.6%), from €82,999 to €43,485
of which Other amounts receivable: -€35,986
- Tangible fixed assets -€21,807
down €21,807 (-47.2%), from €46,169 to €24,362
of which Furniture and vehicles: -€14,388
- Cash -€4,425
down €4,425 (-79.7%), from €5,551 to €1,126
mainly Net result for the year (-€55,742) and Debts after one year (-€10,430)
- Deferred charges and accrued income +€3,797
new in 2025: €3,797
- Profit (loss) carried forward -€55,742
down €55,742, from €14,119 to -€41,623
- Short-term financial debts +€20,801
new in 2025: €20,801
- Debts after one year -€10,430
down €10,430 (-89.7%), from €11,627 to €1,198
- Current portion of long-term debt -€7,365
down €7,365 (-40.8%), from €18,069 to €10,704
- Tax, wage and social debts -€6,385
down €6,385 (-40.1%), from €15,905 to €9,521
of which Remuneration and social security: -€4,498
- Gross operating margin -€81,885
down €81,885 (-62.4%), from €131,323 to €49,438
- Staff costs -€12,568
down €12,568 (-15.1%), from €83,348 to €70,780
- Financial charges +€4,226
up €4,226 (+119%), from €3,549 to €7,774
- Depreciation -€2,901
down €2,901 (-11.7%), from €24,708 to €21,807
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 | €134,718 | €72,769 | -€61,949 | -46.0% |
| Fixed assets | 21/28 | €46,169 | €24,362 | -€21,807 | -47.2% |
| Tangible fixed assets | 22/27 | €46,169 | €24,362 | -€21,807 | -47.2% |
| Plant, machinery and equipment | 23 | €13,429 | €6,011 | -€7,419 | -55.2% |
| Furniture and vehicles | 24 | €32,739 | €18,351 | -€14,388 | -43.9% |
| Current assets | 29/58 | €88,549 | €48,407 | -€40,143 | -45.3% |
| Amounts receivable within one year | 40/41 | €82,999 | €43,485 | -€39,514 | -47.6% |
| Trade receivables | 40 | €35,549 | €32,021 | -€3,529 | -9.9% |
| Other amounts receivable | 41 | €47,450 | €11,464 | -€35,986 | -75.8% |
| Cash at bank and in hand | 54/58 | €5,551 | €1,126 | -€4,425 | -79.7% |
| Deferred charges and accrued income | 490/1 | - | €3,797 | +€3,797 | |
| Total equity and liabilities | 10/49 | €134,718 | €72,769 | -€61,949 | -46.0% |
| Equity | 10/15 | €84,879 | €29,137 | -€55,742 | -65.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,160 | €52,160 | = | 0.0% |
| Distributable reserves | 133 | €52,160 | €52,160 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,119 | -€41,623 | -€55,742 | |
| Amounts payable | 17/49 | €49,839 | €43,632 | -€6,208 | -12.5% |
| Amounts payable after more than one year | 17 | €11,627 | €1,198 | -€10,430 | -89.7% |
| Financial debts | 170/4 | €11,627 | €1,198 | -€10,430 | -89.7% |
| Amounts payable within one year | 42/48 | €38,212 | €42,434 | +€4,222 | +11.0% |
| Current portion of amounts payable after more than one year | 42 | €18,069 | €10,704 | -€7,365 | -40.8% |
| Financial debts | 43 | - | €20,801 | +€20,801 | |
| Credit institutions | 430/8 | - | €20,801 | +€20,801 | |
| Trade debts | 44 | €4,238 | €1,029 | -€3,209 | -75.7% |
| Suppliers | 440/4 | €4,238 | €1,029 | -€3,209 | -75.7% |
| Advances received on contracts in progress | 46 | - | €20 | +€20 | |
| Taxes, remuneration and social security | 45 | €15,905 | €9,521 | -€6,385 | -40.1% |
| Taxes | 450/3 | €11,407 | €9,521 | -€1,886 | -16.5% |
| Remuneration and social security | 454/9 | €4,498 | - | -€4,498 | |
| Other amounts payable | 47/48 | - | €360 | +€360 | |
| Remuneration, social security and pensions | 62 | €83,348 | €70,780 | -€12,568 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,708 | €21,807 | -€2,901 | -11.7% |
| Other operating charges | 640/8 | €3,543 | €4,539 | +€996 | +28.1% |
| Gross operating margin | 9900 | €131,323 | €49,438 | -€81,885 | -62.4% |
| Operating profit (loss) | 9901 | €19,724 | -€47,688 | -€67,412 | |
| Financial income | 75/76B | €1 | €3 | +€2 | +410% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +410% |
| Financial charges | 65/66B | €3,549 | €7,774 | +€4,226 | +119% |
| Recurring financial charges | 65 | €3,549 | €7,774 | +€4,226 | +119% |
| Profit (loss) for the period before taxes | 9903 | €16,176 | -€55,459 | -€71,635 | |
| Income taxes | 67/77 | - | €282 | +€282 | |
| Profit (loss) for the period | 9904 | €16,176 | -€55,742 | -€71,918 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,176 | -€55,742 | -€71,918 |
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 18 October 2026 via checked.be.