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RUBRINA: 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.

What changed

RUBRINA

BE 0699.554.201
NACE 77.210, Renting and leasing of sports and recreation goods
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€27,917
2024 · -€1,055-€26,863
Equity
-€101,211
2024 · -€73,294-€27,917
Cash
€5,446
2024 · €25,449-€20,003
Balance sheet total
€19,300
2024 · €57,786-€38,486

Largest movements

2024 to 2025
Assets
  • Cash -€20,003

    down €20,003 (-78.6%), from €25,449 to €5,446

    mainly Net result for the year (-€27,917) and Trade debts (-€13,475)

  • Receivables within one year -€13,657

    down €13,657 (-69.7%), from €19,602 to €5,945

    of which Trade receivables: -€13,600

  • Tangible fixed assets -€5,056

    down €5,056 (-42.1%), from €11,998 to €6,942

    of which Furniture and vehicles: -€6,302

Equity and liabilities
  • Profit (loss) carried forward -€27,917

    down €27,917 (-30.4%), from -€91,894 to -€119,811

  • Trade debts -€13,475

    down €13,475 (-53.7%), from €25,097 to €11,623

  • Other debts +€6,442

    up €6,442 (+6.5%), from €99,294 to €105,737

  • Tax, wage and social debts -€3,536

    down €3,536 (-52.9%), from €6,688 to €3,152

    of which Taxes: -€3,513

Income statement
  • Gross operating margin -€26,557

    down €26,557, from €8,500 to -€18,057

  • Depreciation +€325

    up €325 (+4.0%), from €8,036 to €8,361

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€1,055
Gross operating margin -€26,557
Depreciation -€325
Other operating charges -€91
Other operating items +€19
Financial income +€22
Financial charges +€80
Taxes -€11
Result 2025 -€27,917

Cash bridge derived

cash 2024 to 2025

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.

From operations -€16,698
Investment -€3,305
Financing €0
Cash 2024 €25,449
Net result for the year -€27,917
Depreciation +€8,361
Receivables within one year +€13,657
Deferred charges and accrued income -€231
Trade debts -€13,475
Tax, wage and social debts -€3,536
Other debts +€6,442
Investment in fixed assets (net) -€3,305
Cash 2025 €5,446
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €57,786 €19,300 -€38,486 -66.6%
Fixed assets 21/28 €11,998 €6,942 -€5,056 -42.1%
Tangible fixed assets 22/27 €11,998 €6,942 -€5,056 -42.1%
Plant, machinery and equipment 23 €0 €1,246 +€1,246
Furniture and vehicles 24 €11,998 €5,696 -€6,302 -52.5%
Current assets 29/58 €45,787 €12,358 -€33,429 -73.0%
Amounts receivable within one year 40/41 €19,602 €5,945 -€13,657 -69.7%
Trade receivables 40 €19,532 €5,932 -€13,600 -69.6%
Other amounts receivable 41 €70 €13 -€57 -81.6%
Cash at bank and in hand 54/58 €25,449 €5,446 -€20,003 -78.6%
Deferred charges and accrued income 490/1 €736 €967 +€231 +31.3%
Total equity and liabilities 10/49 €57,786 €19,300 -€38,486 -66.6%
Equity 10/15 -€73,294 -€101,211 -€27,917 -38.1%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€91,894 -€119,811 -€27,917 -30.4%
Amounts payable 17/49 €131,079 €120,511 -€10,568 -8.1%
Amounts payable within one year 42/48 €131,079 €120,511 -€10,568 -8.1%
Trade debts 44 €25,097 €11,623 -€13,475 -53.7%
Suppliers 440/4 €25,097 €11,623 -€13,475 -53.7%
Taxes, remuneration and social security 45 €6,688 €3,152 -€3,536 -52.9%
Taxes 450/3 €4,665 €1,152 -€3,513 -75.3%
Remuneration and social security 454/9 €2,023 €2,000 -€23 -1.1%
Other amounts payable 47/48 €99,294 €105,737 +€6,442 +6.5%
Non-recurring operating income 76A €961 €0 -€961 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,036 €8,361 +€325 +4.0%
Other operating charges 640/8 €1,125 €1,217 +€91 +8.1%
Non-recurring operating charges 66A €19 €0 -€19 -100.0%
Gross operating margin 9900 €8,500 -€18,057 -€26,557
Operating profit (loss) 9901 -€680 -€27,634 -€26,954 -3963.7%
Financial income 75/76B €0 €22 +€22 +43820.0%
Recurring financial income 75 €0 €22 +€22 +43820.0%
Financial charges 65/66B €199 €118 -€80 -40.4%
Recurring financial charges 65 €199 €118 -€80 -40.4%
Profit (loss) for the period before taxes 9903 -€879 -€27,731 -€26,852 -3055.3%
Income taxes 67/77 €176 €186 +€11 +6.0%
Profit (loss) for the period 9904 -€1,055 -€27,917 -€26,863 -2547.2%
Profit (loss) for the period to be appropriated 9905 -€1,055 -€27,917 -€26,863 -2547.2%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.