RUCOLA: 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.
RUCOLA
Largest movements
- Tangible fixed assets -€13,912
down €13,912 (-72.3%), from €19,243 to €5,331
of which Furniture and vehicles: -€10,192
- Cash +€3,192
up €3,192 (+187.7%), from €1,700 to €4,892
mainly Depreciation (+€13,912) and Tax, wage and social debts (+€3,446)
- Deferred charges and accrued income -€2,850
no longer reported in 2025 (was €2,850)
- Receivables within one year -€2,088
down €2,088 (-56.7%), from €3,679 to €1,592
of which Trade receivables: -€1,875
- Debts after one year -€9,366
down €9,366 (-70.7%), from €13,241 to €3,875
- Current portion of long-term debt -€3,797
down €3,797 (-28.8%), from €13,162 to €9,366
- Tax, wage and social debts +€3,446
up €3,446 (+208.1%), from €1,656 to €5,102
of which Remuneration and social security: +€5,102
- Other debts -€3,441
down €3,441 (-17.4%), from €19,751 to €16,310
- Profit (loss) carried forward -€1,382
down €1,382 (-1.9%), from -€71,138 to -€72,519
- Gross operating margin -€3,413
down €3,413 (-8.4%), from €40,431 to €37,019
- Staff costs -€2,844
down €2,844 (-11.9%), from €23,982 to €21,138
- Financial income -€2,553
down €2,553 (-70.4%), from €3,626 to €1,073
- Other operating charges -€650
down €650 (-21.0%), from €3,098 to €2,448
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 | €29,720 | €14,062 | -€15,658 | -52.7% |
| Fixed assets | 21/28 | €19,243 | €5,331 | -€13,912 | -72.3% |
| Tangible fixed assets | 22/27 | €19,243 | €5,331 | -€13,912 | -72.3% |
| Furniture and vehicles | 24 | €10,192 | - | -€10,192 | |
| Other tangible fixed assets | 26 | €9,051 | €5,331 | -€3,720 | -41.1% |
| Current assets | 29/58 | €10,477 | €8,732 | -€1,746 | -16.7% |
| Stocks and contracts in progress | 3 | €2,248 | €2,248 | = | 0.0% |
| Stocks | 30/36 | €2,248 | €2,248 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,679 | €1,592 | -€2,088 | -56.7% |
| Trade receivables | 40 | €3,195 | €1,320 | -€1,875 | -58.7% |
| Other amounts receivable | 41 | €484 | €272 | -€213 | -43.9% |
| Cash at bank and in hand | 54/58 | €1,700 | €4,892 | +€3,192 | +187.7% |
| Deferred charges and accrued income | 490/1 | €2,850 | - | -€2,850 | |
| Total equity and liabilities | 10/49 | €29,720 | €14,062 | -€15,658 | -52.7% |
| Equity | 10/15 | -€24,048 | -€25,430 | -€1,382 | -5.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,890 | €40,890 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,100 | = | 0.0% |
| Distributable reserves | 133 | €37,790 | €37,790 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,138 | -€72,519 | -€1,382 | -1.9% |
| Amounts payable | 17/49 | €53,768 | €39,492 | -€14,276 | -26.6% |
| Amounts payable after more than one year | 17 | €13,241 | €3,875 | -€9,366 | -70.7% |
| Financial debts | 170/4 | €13,241 | €3,875 | -€9,366 | -70.7% |
| Amounts payable within one year | 42/48 | €40,527 | €35,617 | -€4,910 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €13,162 | €9,366 | -€3,797 | -28.8% |
| Financial debts | 43 | €3,785 | €3,966 | +€181 | +4.8% |
| Credit institutions | 430/8 | €3,785 | €3,966 | +€181 | +4.8% |
| Trade debts | 44 | €2,174 | €874 | -€1,299 | -59.8% |
| Suppliers | 440/4 | €2,174 | €874 | -€1,299 | -59.8% |
| Taxes, remuneration and social security | 45 | €1,656 | €5,102 | +€3,446 | +208.1% |
| Taxes | 450/3 | €1,656 | - | -€1,656 | |
| Remuneration and social security | 454/9 | - | €5,102 | +€5,102 | |
| Other amounts payable | 47/48 | €19,751 | €16,310 | -€3,441 | -17.4% |
| Remuneration, social security and pensions | 62 | €23,982 | €21,138 | -€2,844 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,912 | €13,912 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,098 | €2,448 | -€650 | -21.0% |
| Gross operating margin | 9900 | €40,431 | €37,019 | -€3,413 | -8.4% |
| Operating profit (loss) | 9901 | -€561 | -€480 | +€81 | +14.4% |
| Financial income | 75/76B | €3,626 | €1,073 | -€2,553 | -70.4% |
| Recurring financial income | 75 | €3,626 | €1,073 | -€2,553 | -70.4% |
| Financial charges | 65/66B | €1,666 | €1,975 | +€309 | +18.5% |
| Recurring financial charges | 65 | €1,666 | €1,975 | +€309 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €1,400 | -€1,382 | -€2,782 | |
| Profit (loss) for the period | 9904 | €1,400 | -€1,382 | -€2,782 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,400 | -€1,382 | -€2,782 |
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 4 October 2026 via checked.be.