RUBY INVEST: 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.
RUBY INVEST
Largest movements
- Receivables within one year -€6,932
down €6,932 (-55.3%), from €12,537 to €5,605
of which Trade receivables: -€12,537
- Cash +€5,977
up €5,977 (+16,603%), from €36 to €6,013
mainly Net result for the year (+€54,142) and Receivables within one year (+€6,932)
- Profit (loss) carried forward +€54,142
up €54,142 (+31.4%), from -€172,314 to -€118,172
- Other debts -€54,133
down €54,133 (-33.4%), from €162,101 to €107,968
- Tax, wage and social debts -€5,346
down €5,346 (-93.4%), from €5,721 to €375
- Trade debts +€4,313
up €4,313 (+829%), from €520 to €4,833
- Gross operating margin -€24,661
down €24,661 (-31.0%), from €79,527 to €54,866
- Depreciation -€10,562
no longer reported in 2025 (was €10,562)
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 | €12,573 | €11,618 | -€955 | -7.6% |
| Current assets | 29/58 | €12,573 | €11,618 | -€955 | -7.6% |
| Amounts receivable within one year | 40/41 | €12,537 | €5,605 | -€6,932 | -55.3% |
| Trade receivables | 40 | €12,537 | - | -€12,537 | |
| Other amounts receivable | 41 | - | €5,605 | +€5,605 | |
| Cash at bank and in hand | 54/58 | €36 | €6,013 | +€5,977 | +16,603% |
| Total equity and liabilities | 10/49 | €12,573 | €11,618 | -€955 | -7.6% |
| Equity | 10/15 | -€156,114 | -€101,972 | +€54,142 | +34.7% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€172,314 | -€118,172 | +€54,142 | +31.4% |
| Amounts payable | 17/49 | €168,687 | €113,590 | -€55,097 | -32.7% |
| Amounts payable within one year | 42/48 | €168,687 | €113,590 | -€55,097 | -32.7% |
| Financial debts | 43 | €345 | €414 | +€69 | +20.0% |
| Credit institutions | 430/8 | €345 | €414 | +€69 | +20.0% |
| Trade debts | 44 | €520 | €4,833 | +€4,313 | +829% |
| Suppliers | 440/4 | €520 | €4,833 | +€4,313 | +829% |
| Taxes, remuneration and social security | 45 | €5,721 | €375 | -€5,346 | -93.4% |
| Taxes | 450/3 | €5,721 | €375 | -€5,346 | -93.4% |
| Other amounts payable | 47/48 | €162,101 | €107,968 | -€54,133 | -33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,562 | - | -€10,562 | |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €79,527 | €54,866 | -€24,661 | -31.0% |
| Operating profit (loss) | 9901 | €68,578 | €54,466 | -€14,112 | -20.6% |
| Financial charges | 65/66B | €154 | €324 | +€170 | +110% |
| Recurring financial charges | 65 | €154 | €324 | +€170 | +110% |
| Profit (loss) for the period before taxes | 9903 | €68,424 | €54,142 | -€14,282 | -20.9% |
| Profit (loss) for the period | 9904 | €68,424 | €54,142 | -€14,282 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €68,424 | €54,142 | -€14,282 | -20.9% |
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 31 October 2026 via checked.be.