Rubria: 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.
Rubria
Largest movements
- Receivables after one year -€100,000
down €100,000 (-50.4%), from €198,300 to €98,300
- Cash -€20,864
down €20,864 (-85.4%), from €24,434 to €3,571
mainly Contributions, distributions and other (-€138,000) and Other debts (-€98,176)
- Other debts -€98,176
down €98,176 (-98.7%), from €99,518 to €1,342
- Tax, wage and social debts -€27,776
down €27,776 (-34.1%), from €81,366 to €53,590
- Reserves +€11,607
up €11,607 (+3.5%), from €334,412 to €346,019
- Gross operating margin -€129,366
down €129,366 (-36.4%), from €355,736 to €226,370
- Taxes -€37,040
down €37,040 (-34.6%), from €107,061 to €70,021
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 | €542,170 | €423,864 | -€118,306 | -21.8% |
| Fixed assets | 21/28 | €9,346 | €8,237 | -€1,109 | -11.9% |
| Tangible fixed assets | 22/27 | €9,246 | €8,137 | -€1,109 | -12.0% |
| Furniture and vehicles | 24 | €5,956 | €5,834 | -€122 | -2.1% |
| Other tangible fixed assets | 26 | €3,290 | €2,303 | -€987 | -30.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €532,824 | €415,627 | -€117,197 | -22.0% |
| Amounts receivable after more than one year | 29 | €198,300 | €98,300 | -€100,000 | -50.4% |
| Other amounts receivable | 291 | €198,300 | €98,300 | -€100,000 | -50.4% |
| Amounts receivable within one year | 40/41 | €309,175 | €312,753 | +€3,578 | +1.2% |
| Trade receivables | 40 | €307,262 | €261,800 | -€45,462 | -14.8% |
| Other amounts receivable | 41 | €1,913 | €50,953 | +€49,039 | +2563.2% |
| Cash at bank and in hand | 54/58 | €24,434 | €3,571 | -€20,864 | -85.4% |
| Deferred charges and accrued income | 490/1 | €915 | €1,004 | +€89 | +9.7% |
| Total equity and liabilities | 10/49 | €542,170 | €423,864 | -€118,306 | -21.8% |
| Equity | 10/15 | €335,412 | €347,019 | +€11,607 | +3.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €334,412 | €346,019 | +€11,607 | +3.5% |
| Distributable reserves | 133 | €334,412 | €346,019 | +€11,607 | +3.5% |
| Amounts payable | 17/49 | €206,758 | €76,845 | -€129,913 | -62.8% |
| Amounts payable after more than one year | 17 | €2,951 | €935 | -€2,016 | -68.3% |
| Financial debts | 170/4 | €2,951 | €935 | -€2,016 | -68.3% |
| Amounts payable within one year | 42/48 | €203,807 | €75,910 | -€127,897 | -62.8% |
| Current portion of amounts payable after more than one year | 42 | €14,980 | €10,016 | -€4,964 | -33.1% |
| Trade debts | 44 | €7,942 | €10,962 | +€3,020 | +38.0% |
| Suppliers | 440/4 | €7,942 | €10,962 | +€3,020 | +38.0% |
| Taxes, remuneration and social security | 45 | €81,366 | €53,590 | -€27,776 | -34.1% |
| Taxes | 450/3 | €81,366 | €53,590 | -€27,776 | -34.1% |
| Other amounts payable | 47/48 | €99,518 | €1,342 | -€98,176 | -98.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,417 | €2,874 | -€543 | -15.9% |
| Other operating charges | 640/8 | €2,691 | €2,622 | -€69 | -2.6% |
| Non-recurring operating charges | 66A | €11,076 | - | -€11,076 | |
| Gross operating margin | 9900 | €355,736 | €226,370 | -€129,366 | -36.4% |
| Operating profit (loss) | 9901 | €338,553 | €220,875 | -€117,678 | -34.8% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €2,026 | €1,247 | -€780 | -38.5% |
| Recurring financial charges | 65 | €2,026 | €1,247 | -€780 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €336,528 | €219,628 | -€116,900 | -34.7% |
| Income taxes | 67/77 | €107,061 | €70,021 | -€37,040 | -34.6% |
| Profit (loss) for the period | 9904 | €229,467 | €149,607 | -€79,861 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €229,467 | €149,607 | -€79,861 | -34.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.