Rubis: what changed
What changed
Rubis
NACE 13.100, Manufacture of textiles
filed annual accounts (NBB)
Net result for the year
€123,635
2024 · €135,533-€11,899
Equity
€2.4m
2024 · €2.3m+€17,901
Cash
€912,453
2024 · €299,774+€612,679
Balance sheet total
€2.6m
2024 · €2.5m+€140,568
Largest movements
Assets
- Cash +€612,679
up €612,679 (+204%), from €299,774 to €912,453
mainly Current investments (+€532,964) and Net result for the year (+€123,635)
- Current investments -€532,964
down €532,964 (-63.8%), from €835,118 to €302,154
- Stocks and contracts +€69,257
up €69,257 (+21.5%), from €321,395 to €390,652
- Tangible fixed assets -€36,788
down €36,788 (-4.3%), from €849,393 to €812,605
of which Plant, machinery and equipment: -€33,761
Equity and liabilities
- Other debts +€78,941
up €78,941 (+295%), from €26,792 to €105,733
- Trade debts +€38,616
up €38,616 (+176%), from €21,947 to €60,563
Income statement
- Gross operating margin -€33,804
down €33,804 (-5.0%), from €673,741 to €639,937
- Taxes -€14,025
down €14,025 (-22.9%), from €61,366 to €47,341
- Depreciation -€8,015
down €8,015 (-7.7%), from €103,839 to €95,824
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€135,533
Gross operating margin
-€33,804
Staff costs
+€316
Depreciation
+€8,015
Other operating charges
+€266
Financial income
-€3,829
Financial charges
+€3,113
Taxes
+€14,025
Result 2025
€123,635
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€244,484
Investment
+€473,928
Financing
-€105,733
Cash 2024
€299,774
From operations (derived)
+€244,484
Net result for the year
+€123,635
Depreciation
+€95,824
Stocks and contracts
-€69,257
Receivables within one year
-€21,295
Deferred charges and accrued income
-€7,089
Provisions
-€1,675
Trade debts
+€38,616
Tax, wage and social debts
+€6,784
Other debts
+€78,941
Investment (derived)
+€473,928
Investment in fixed assets (net)
-€59,036
Current investments
+€532,964
Financing
-€105,733
Contributions, distributions and other
-€105,733
Cash 2025
€912,453
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,455,694 | €2,596,262 | +€140,568 | +5.7% |
| Fixed assets | 21/28 | €849,393 | €812,605 | -€36,788 | -4.3% |
| Tangible fixed assets | 22/27 | €849,393 | €812,605 | -€36,788 | -4.3% |
| Land and buildings | 22 | €614,524 | €632,685 | +€18,161 | +3.0% |
| Plant, machinery and equipment | 23 | €169,757 | €135,996 | -€33,761 | -19.9% |
| Furniture and vehicles | 24 | €65,112 | €43,924 | -€21,187 | -32.5% |
| Current assets | 29/58 | €1,606,301 | €1,783,657 | +€177,355 | +11.0% |
| Stocks and contracts in progress | 3 | €321,395 | €390,652 | +€69,257 | +21.5% |
| Stocks | 30/36 | €321,395 | €390,652 | +€69,257 | +21.5% |
| Amounts receivable within one year | 40/41 | €150,014 | €171,309 | +€21,295 | +14.2% |
| Trade receivables | 40 | €138,523 | €146,594 | +€8,070 | +5.8% |
| Other amounts receivable | 41 | €11,491 | €24,715 | +€13,225 | +115% |
| Current investments | 50/53 | €835,118 | €302,154 | -€532,964 | -63.8% |
| Cash at bank and in hand | 54/58 | €299,774 | €912,453 | +€612,679 | +204% |
| Deferred charges and accrued income | 490/1 | - | €7,089 | +€7,089 | |
| Total equity and liabilities | 10/49 | €2,455,694 | €2,596,262 | +€140,568 | +5.7% |
| Equity | 10/15 | €2,345,905 | €2,363,806 | +€17,901 | +0.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,637,790 | €1,655,691 | +€17,901 | +1.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €50,742 | €47,490 | -€3,252 | -6.4% |
| Distributable reserves | 133 | €1,580,848 | €1,602,001 | +€21,154 | +1.3% |
| Profit (loss) carried forward | 14 | €646,115 | €646,115 | = | 0.0% |
| Provisions and deferred taxes | 16 | €19,329 | €17,654 | -€1,675 | -8.7% |
| Deferred taxes | 168 | €19,329 | €17,654 | -€1,675 | -8.7% |
| Amounts payable | 17/49 | €90,461 | €214,802 | +€124,341 | +137% |
| Amounts payable within one year | 42/48 | €90,461 | €214,802 | +€124,341 | +137% |
| Trade debts | 44 | €21,947 | €60,563 | +€38,616 | +176% |
| Suppliers | 440/4 | €21,947 | €60,563 | +€38,616 | +176% |
| Taxes, remuneration and social security | 45 | €41,722 | €48,506 | +€6,784 | +16.3% |
| Taxes | 450/3 | €8,779 | €12,655 | +€3,876 | +44.1% |
| Remuneration and social security | 454/9 | €32,942 | €35,851 | +€2,908 | +8.8% |
| Other amounts payable | 47/48 | €26,792 | €105,733 | +€78,941 | +295% |
| Remuneration, social security and pensions | 62 | €363,167 | €362,851 | -€316 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,839 | €95,824 | -€8,015 | -7.7% |
| Other operating charges | 640/8 | €32,256 | €31,990 | -€266 | -0.8% |
| Gross operating margin | 9900 | €673,741 | €639,937 | -€33,804 | -5.0% |
| Operating profit (loss) | 9901 | €174,479 | €149,271 | -€25,207 | -14.4% |
| Financial income | 75/76B | €24,319 | €20,489 | -€3,829 | -15.7% |
| Recurring financial income | 75 | €24,319 | €20,489 | -€3,829 | -15.7% |
| Financial charges | 65/66B | €3,573 | €460 | -€3,113 | -87.1% |
| Recurring financial charges | 65 | €3,573 | €460 | -€3,113 | -87.1% |
| Profit (loss) for the period before taxes | 9903 | €195,224 | €169,300 | -€25,924 | -13.3% |
| Transfer from deferred taxes | 780 | €1,675 | €1,675 | +€0 | 0.0% |
| Income taxes | 67/77 | €61,366 | €47,341 | -€14,025 | -22.9% |
| Profit (loss) for the period | 9904 | €135,533 | €123,635 | -€11,899 | -8.8% |
| Transfer from tax-exempt reserves | 789 | €3,252 | €3,252 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €138,786 | €126,887 | -€11,899 | -8.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.