RubyDW: 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.
RubyDW
Largest movements
- Cash +€34,714
up €34,714 (+56.1%), from €61,913 to €96,627
mainly Net result for the year (+€36,394) and Tax, wage and social debts (+€5,404)
- Receivables within one year +€5,063
up €5,063 (+40.5%), from €12,500 to €17,564
of which Trade receivables: +€2,661
- Deferred charges and accrued income -€2,772
down €2,772 (-49.2%), from €5,632 to €2,860
- Stocks and contracts +€1,612
new in 2025: €1,612
- Tangible fixed assets +€1,537
up €1,537 (+225.3%), from €682 to €2,219
- Reserves +€36,394
up €36,394 (+67.2%), from €54,162 to €90,556
- Tax, wage and social debts +€5,404
up €5,404 (+25.7%), from €21,048 to €26,451
- Trade debts -€1,644
down €1,644 (-65.3%), from €2,518 to €874
- Gross operating margin +€6,084
up €6,084 (+13.8%), from €43,931 to €50,015
- Taxes +€1,552
up €1,552 (+16.7%), from €9,273 to €10,824
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 | €80,727 | €120,881 | +€40,153 | +49.7% |
| Fixed assets | 21/28 | €682 | €2,219 | +€1,537 | +225.3% |
| Tangible fixed assets | 22/27 | €682 | €2,219 | +€1,537 | +225.3% |
| Furniture and vehicles | 24 | €682 | €2,219 | +€1,537 | +225.3% |
| Current assets | 29/58 | €80,045 | €118,662 | +€38,617 | +48.2% |
| Stocks and contracts in progress | 3 | - | €1,612 | +€1,612 | |
| Stocks | 30/36 | - | €1,612 | +€1,612 | |
| Amounts receivable within one year | 40/41 | €12,500 | €17,564 | +€5,063 | +40.5% |
| Trade receivables | 40 | €10,187 | €12,849 | +€2,661 | +26.1% |
| Other amounts receivable | 41 | €2,313 | €4,715 | +€2,402 | +103.8% |
| Cash at bank and in hand | 54/58 | €61,913 | €96,627 | +€34,714 | +56.1% |
| Deferred charges and accrued income | 490/1 | €5,632 | €2,860 | -€2,772 | -49.2% |
| Total equity and liabilities | 10/49 | €80,727 | €120,881 | +€40,153 | +49.7% |
| Equity | 10/15 | €57,162 | €93,556 | +€36,394 | +63.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €54,162 | €90,556 | +€36,394 | +67.2% |
| Distributable reserves | 133 | €54,162 | €90,556 | +€36,394 | +67.2% |
| Amounts payable | 17/49 | €23,565 | €27,325 | +€3,760 | +16.0% |
| Amounts payable within one year | 42/48 | €23,565 | €27,325 | +€3,760 | +16.0% |
| Trade debts | 44 | €2,518 | €874 | -€1,644 | -65.3% |
| Suppliers | 440/4 | €2,518 | €874 | -€1,644 | -65.3% |
| Taxes, remuneration and social security | 45 | €21,048 | €26,451 | +€5,404 | +25.7% |
| Taxes | 450/3 | €21,048 | €26,451 | +€5,404 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €827 | +€427 | +107.0% |
| Other operating charges | 640/8 | €1,286 | €809 | -€477 | -37.1% |
| Gross operating margin | 9900 | €43,931 | €50,015 | +€6,084 | +13.8% |
| Operating profit (loss) | 9901 | €42,246 | €48,379 | +€6,134 | +14.5% |
| Financial income | 75/76B | €129 | €190 | +€61 | +47.2% |
| Recurring financial income | 75 | €129 | €190 | +€61 | +47.2% |
| Financial charges | 65/66B | €1,687 | €1,352 | -€336 | -19.9% |
| Recurring financial charges | 65 | €1,687 | €1,352 | -€336 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €40,688 | €47,218 | +€6,530 | +16.0% |
| Income taxes | 67/77 | €9,273 | €10,824 | +€1,552 | +16.7% |
| Profit (loss) for the period | 9904 | €31,415 | €36,394 | +€4,979 | +15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,415 | €36,394 | +€4,979 | +15.8% |
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 2 October 2026 via checked.be.