RUBRIEKAL: 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.
RUBRIEKAL
Largest movements
- Cash +€28,805
up €28,805 (+10.5%), from €275,456 to €304,260
mainly Depreciation (+€22,091) and Net result for the year (+€5,722)
- Tangible fixed assets -€22,091
down €22,091 (-4.5%), from €492,348 to €470,257
of which Land and buildings: -€21,347
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€4,201
up €4,201 (+11.5%), from €36,577 to €40,778
- Taxes +€1,074
up €1,074 (+100.4%), from €1,069 to €2,143
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 | €770,709 | €778,393 | +€7,684 | +1.0% |
| Fixed assets | 21/28 | €492,348 | €470,257 | -€22,091 | -4.5% |
| Tangible fixed assets | 22/27 | €492,348 | €470,257 | -€22,091 | -4.5% |
| Land and buildings | 22 | €448,967 | €427,620 | -€21,347 | -4.8% |
| Other tangible fixed assets | 26 | €43,381 | €42,637 | -€744 | -1.7% |
| Current assets | 29/58 | €278,362 | €308,136 | +€29,774 | +10.7% |
| Amounts receivable within one year | 40/41 | - | €838 | +€838 | |
| Trade receivables | 40 | - | €838 | +€838 | |
| Cash at bank and in hand | 54/58 | €275,456 | €304,260 | +€28,805 | +10.5% |
| Deferred charges and accrued income | 490/1 | €2,906 | €3,038 | +€132 | +4.5% |
| Total equity and liabilities | 10/49 | €770,709 | €778,393 | +€7,684 | +1.0% |
| Equity | 10/15 | €616,367 | €622,089 | +€5,722 | +0.9% |
| Contributions | 10/11 | €399,479 | €399,479 | = | 0.0% |
| Capital | 10 | €397,000 | €397,000 | = | 0.0% |
| Issued capital | 100 | €397,000 | €397,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,479 | €2,479 | = | 0.0% |
| Share premium | 1100/10 | €2,479 | €2,479 | = | 0.0% |
| Reserves | 13 | €216,888 | €222,610 | +€5,722 | +2.6% |
| Non-distributable reserves | 130/1 | €39,700 | €39,700 | = | 0.0% |
| Legal reserve | 130 | €39,700 | €39,700 | = | 0.0% |
| Distributable reserves | 133 | €177,188 | €182,910 | +€5,722 | +3.2% |
| Amounts payable | 17/49 | €154,342 | €156,305 | +€1,962 | +1.3% |
| Amounts payable after more than one year | 17 | €125,000 | €125,000 | = | 0.0% |
| Other amounts payable | 178/9 | €125,000 | €125,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,170 | €27,794 | +€1,624 | +6.2% |
| Trade debts | 44 | €436 | €986 | +€550 | +126.3% |
| Suppliers | 440/4 | €436 | €986 | +€550 | +126.3% |
| Taxes, remuneration and social security | 45 | €1,069 | €2,143 | +€1,074 | +100.4% |
| Taxes | 450/3 | €1,069 | €2,143 | +€1,074 | +100.4% |
| Other amounts payable | 47/48 | €24,665 | €24,665 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,172 | €3,511 | +€338 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,982 | €22,091 | +€109 | +0.5% |
| Other operating charges | 640/8 | €5,496 | €5,668 | +€172 | +3.1% |
| Gross operating margin | 9900 | €36,577 | €40,778 | +€4,201 | +11.5% |
| Operating profit (loss) | 9901 | €9,099 | €13,019 | +€3,920 | +43.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €5,092 | €5,154 | +€62 | +1.2% |
| Recurring financial charges | 65 | €5,092 | €5,154 | +€62 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €4,007 | €7,865 | +€3,858 | +96.3% |
| Income taxes | 67/77 | €1,069 | €2,143 | +€1,074 | +100.4% |
| Profit (loss) for the period | 9904 | €2,938 | €5,722 | +€2,784 | +94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,938 | €5,722 | +€2,784 | +94.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.