RUCANI: 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.
RUCANI
Largest movements
- Stocks and contracts +€51,946
up €51,946 (+26.1%), from €199,297 to €251,244
- Tangible fixed assets -€6,018
down €6,018 (-41.9%), from €14,358 to €8,341
of which Leasing and similar rights: -€3,523
- Deferred charges and accrued income -€3,191
down €3,191 (-69.5%), from €4,591 to €1,400
- Reserves +€38,778
up €38,778 (+85.0%), from €45,638 to €84,415
- Tax, wage and social debts +€15,773
up €15,773 (+58.0%), from €27,176 to €42,949
- Accrued charges and deferred income -€10,039
down €10,039 (-70.4%), from €14,258 to €4,219
- Debts after one year -€9,182
down €9,182 (-37.2%), from €24,711 to €15,530
- Other debts +€4,049
up €4,049 (+9.0%), from €45,152 to €49,200
- Gross operating margin +€49,718
up €49,718 (+221.7%), from €22,428 to €72,146
- Taxes +€14,378
up €14,378 (+461.4%), from €3,116 to €17,494
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €223,815 | €262,255 | +€38,441 | +17.2% |
| Fixed assets | 21/28 | €14,358 | €8,341 | -€6,018 | -41.9% |
| Tangible fixed assets | 22/27 | €14,358 | €8,341 | -€6,018 | -41.9% |
| Plant, machinery and equipment | 23 | €6,705 | €4,210 | -€2,495 | -37.2% |
| Leasing and similar rights | 25 | €7,654 | €4,131 | -€3,523 | -46.0% |
| Current assets | 29/58 | €209,456 | €253,915 | +€44,459 | +21.2% |
| Stocks and contracts in progress | 3 | €199,297 | €251,244 | +€51,946 | +26.1% |
| Stocks | 30/36 | €199,297 | €251,244 | +€51,946 | +26.1% |
| Amounts receivable within one year | 40/41 | €2,847 | €1,129 | -€1,718 | -60.3% |
| Trade receivables | 40 | €246 | - | -€246 | |
| Other amounts receivable | 41 | €2,601 | €1,129 | -€1,472 | -56.6% |
| Cash at bank and in hand | 54/58 | €2,720 | €141 | -€2,579 | -94.8% |
| Deferred charges and accrued income | 490/1 | €4,591 | €1,400 | -€3,191 | -69.5% |
| Total equity and liabilities | 10/49 | €223,815 | €262,255 | +€38,441 | +17.2% |
| Equity | 10/15 | €50,638 | €89,415 | +€38,778 | +76.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €45,638 | €84,415 | +€38,778 | +85.0% |
| Distributable reserves | 133 | €45,638 | €84,415 | +€38,778 | +85.0% |
| Amounts payable | 17/49 | €173,177 | €172,840 | -€337 | -0.2% |
| Amounts payable after more than one year | 17 | €24,711 | €15,530 | -€9,182 | -37.2% |
| Financial debts | 170/4 | €24,711 | €15,530 | -€9,182 | -37.2% |
| Amounts payable within one year | 42/48 | €134,207 | €153,091 | +€18,884 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €11,132 | €9,182 | -€1,950 | -17.5% |
| Financial debts | 43 | €40,000 | €39,998 | -€2 | 0.0% |
| Credit institutions | 430/8 | €40,000 | €39,998 | -€2 | 0.0% |
| Trade debts | 44 | €10,747 | €10,311 | -€437 | -4.1% |
| Suppliers | 440/4 | €10,747 | €10,311 | -€437 | -4.1% |
| Advances received on contracts in progress | 46 | - | €1,452 | +€1,452 | |
| Taxes, remuneration and social security | 45 | €27,176 | €42,949 | +€15,773 | +58.0% |
| Taxes | 450/3 | €27,176 | €42,949 | +€15,773 | +58.0% |
| Other amounts payable | 47/48 | €45,152 | €49,200 | +€4,049 | +9.0% |
| Accrued charges and deferred income | 492/3 | €14,258 | €4,219 | -€10,039 | -70.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,371 | €7,174 | -€197 | -2.7% |
| Other operating charges | 640/8 | €1,025 | €1,033 | +€8 | +0.8% |
| Gross operating margin | 9900 | €22,428 | €72,146 | +€49,718 | +221.7% |
| Operating profit (loss) | 9901 | €14,033 | €63,939 | +€49,906 | +355.6% |
| Financial income | 75/76B | €325 | €601 | +€276 | +85.0% |
| Recurring financial income | 75 | €325 | €601 | +€276 | +85.0% |
| Financial charges | 65/66B | €5,933 | €6,468 | +€535 | +9.0% |
| Recurring financial charges | 65 | €5,933 | €6,468 | +€535 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €8,425 | €58,072 | +€49,647 | +589.3% |
| Income taxes | 67/77 | €3,116 | €17,494 | +€14,378 | +461.4% |
| Profit (loss) for the period | 9904 | €5,308 | €40,578 | +€35,270 | +664.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,308 | €40,578 | +€35,270 | +664.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.