RUBY'S FLUID: 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.
RUBY'S FLUID
Largest movements
- Cash +€3,617
up €3,617 (+5.8%), from €62,293 to €65,910
mainly Net result for the year (+€25,631) and Depreciation (+€7,634)
- Deferred charges and accrued income -€3,208
down €3,208 (-15.3%), from €20,936 to €17,728
- Receivables within one year +€3,159
up €3,159 (+67.9%), from €4,654 to €7,813
of which Trade receivables: +€2,091
- Tangible fixed assets -€1,632
down €1,632 (-5.3%), from €30,916 to €29,284
of which Land and buildings: -€2,099
- Debts after one year -€27,137
down €27,137 (-57.1%), from €47,492 to €20,355
- Profit (loss) carried forward +€25,631
up €25,631 (+88.2%), from €29,075 to €54,706
- Tax, wage and social debts +€1,996
up €1,996 (+28.3%), from €7,055 to €9,052
of which Taxes: +€1,996
- Depreciation -€10,938
down €10,938 (-58.9%), from €18,572 to €7,634
- Gross operating margin -€3,552
down €3,552 (-7.1%), from €50,212 to €46,660
- Financial charges -€1,745
down €1,745 (-26.6%), from €6,570 to €4,825
- Taxes +€1,666
up €1,666 (+31.3%), from €5,330 to €6,996
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 | €118,799 | €120,735 | +€1,936 | +1.6% |
| Fixed assets | 21/28 | €30,916 | €29,284 | -€1,632 | -5.3% |
| Tangible fixed assets | 22/27 | €30,916 | €29,284 | -€1,632 | -5.3% |
| Land and buildings | 22 | €10,496 | €8,397 | -€2,099 | -20.0% |
| Plant, machinery and equipment | 23 | €3,077 | €1,760 | -€1,317 | -42.8% |
| Furniture and vehicles | 24 | €567 | €1,171 | +€604 | +106.4% |
| Other tangible fixed assets | 26 | €16,776 | €17,956 | +€1,181 | +7.0% |
| Current assets | 29/58 | €87,883 | €91,451 | +€3,568 | +4.1% |
| Amounts receivable within one year | 40/41 | €4,654 | €7,813 | +€3,159 | +67.9% |
| Trade receivables | 40 | €683 | €2,773 | +€2,091 | +306.4% |
| Other amounts receivable | 41 | €3,972 | €5,039 | +€1,068 | +26.9% |
| Cash at bank and in hand | 54/58 | €62,293 | €65,910 | +€3,617 | +5.8% |
| Deferred charges and accrued income | 490/1 | €20,936 | €17,728 | -€3,208 | -15.3% |
| Total equity and liabilities | 10/49 | €118,799 | €120,735 | +€1,936 | +1.6% |
| Equity | 10/15 | €37,135 | €62,766 | +€25,631 | +69.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,075 | €54,706 | +€25,631 | +88.2% |
| Amounts payable | 17/49 | €81,665 | €57,970 | -€23,695 | -29.0% |
| Amounts payable after more than one year | 17 | €47,492 | €20,355 | -€27,137 | -57.1% |
| Financial debts | 170/4 | €47,492 | €20,355 | -€27,137 | -57.1% |
| Amounts payable within one year | 42/48 | €33,372 | €36,815 | +€3,443 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €25,953 | €27,137 | +€1,184 | +4.6% |
| Trade debts | 44 | €364 | €626 | +€262 | +71.9% |
| Suppliers | 440/4 | €364 | €626 | +€262 | +71.9% |
| Taxes, remuneration and social security | 45 | €7,055 | €9,052 | +€1,996 | +28.3% |
| Taxes | 450/3 | €5,805 | €7,802 | +€1,996 | +34.4% |
| Remuneration and social security | 454/9 | €1,250 | €1,250 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €800 | €800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,572 | €7,634 | -€10,938 | -58.9% |
| Other operating charges | 640/8 | €1,581 | €1,705 | +€125 | +7.9% |
| Gross operating margin | 9900 | €50,212 | €46,660 | -€3,552 | -7.1% |
| Operating profit (loss) | 9901 | €30,059 | €37,321 | +€7,261 | +24.2% |
| Financial income | 75/76B | €153 | €132 | -€21 | -13.8% |
| Recurring financial income | 75 | €153 | €132 | -€21 | -13.8% |
| Financial charges | 65/66B | €6,570 | €4,825 | -€1,745 | -26.6% |
| Recurring financial charges | 65 | €6,570 | €4,825 | -€1,745 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €23,642 | €32,627 | +€8,985 | +38.0% |
| Income taxes | 67/77 | €5,330 | €6,996 | +€1,666 | +31.3% |
| Profit (loss) for the period | 9904 | €18,312 | €25,631 | +€7,319 | +40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,312 | €25,631 | +€7,319 | +40.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.