Rucquoy Frères: 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.
What changed
Rucquoy Frères
NACE 46.370, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€252,642
2024 · €27,517+€225,125
Equity
€2.3m
2024 · €2.1m+€252,642
Cash
€1.4m
2024 · €38,644+€1.3m
Balance sheet total
€12.0m
2024 · €6.6m+€5.4m
Largest movements
Assets
- Stocks and contracts +€3.5m
up €3.5m (+75.2%), from €4.6m to €8.1m
- Cash +€1.3m
up €1.3m (+3,460%), from €38,644 to €1.4m
mainly Short-term financial debts (+€3.8m) and Trade debts (+€619,699)
- Receivables within one year +€499,529
up €499,529 (+32.9%), from €1.5m to €2.0m
of which Trade receivables: +€544,928
Equity and liabilities
- Short-term financial debts +€3.8m
up €3.8m (+113%), from €3.3m to €7.1m
- Trade debts +€619,699
up €619,699 (+121%), from €512,410 to €1.1m
- Other debts +€548,315
up €548,315 (+93.2%), from €588,529 to €1.1m
- Reserves +€252,642
up €252,642 (+13.4%), from €1.9m to €2.1m
of which Distributable reserves: +€252,642
- Tax, wage and social debts +€122,191
up €122,191 (+218%), from €55,997 to €178,188
of which Taxes: +€104,256
Income statement
- Turnover +€7.1m
up €7.1m (+41.6%), from €17.0m to €24.1m
- Goods and materials +€6.6m
up €6.6m (+42.1%), from €15.7m to €22.3m
of which Purchases: +€10.5m
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.
Result 2024
€27,517
Turnover
+€7.1m
Other operating income
+€538
Goods and materials
-€6.6m
Services and other goods
-€59,167
Staff costs
-€60,511
Depreciation
+€845
Other operating charges
-€14,589
Financial income
-€2,835
Financial charges
-€22,250
Taxes
-€80,358
Result 2025
€252,642
raises the resultlowers the result
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.
From operations
-€2.4m
Investment
-€13,750
Financing
+€3.8m
Cash 2024
€38,644
From operations (derived)
-€2.4m
Net result for the year
+€252,642
Depreciation
+€32,637
Stocks and contracts
-€3.5m
Receivables within one year
-€499,529
Deferred charges and accrued income
-€56,187
Trade debts
+€619,699
Tax, wage and social debts
+€122,191
Other debts
+€548,315
Accrued charges and deferred income
+€37,938
Investment (derived)
-€13,750
Investment in fixed assets (net)
-€13,750
Financing
+€3.8m
Debts after one year
-€4,316
Current portion of long-term debt
-€4,252
Short-term financial debts
+€3.8m
Cash 2025
€1.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,614,235 | €11,964,657 | +€5.4m | +80.9% |
| Fixed assets | 21/28 | €113,500 | €94,613 | -€18,887 | -16.6% |
| Intangible fixed assets | 21 | €77,775 | €72,425 | -€5,350 | -6.9% |
| Tangible fixed assets | 22/27 | €30,668 | €17,131 | -€13,537 | -44.1% |
| Plant, machinery and equipment | 23 | €14,772 | €11,132 | -€3,640 | -24.6% |
| Furniture and vehicles | 24 | €6,268 | €4,850 | -€1,419 | -22.6% |
| Leasing and similar rights | 25 | €8,027 | €0 | -€8,027 | -100% |
| Other tangible fixed assets | 26 | €1,601 | €1,149 | -€452 | -28.2% |
| Financial fixed assets | 28 | €5,057 | €5,057 | = | 0.0% |
| Other financial fixed assets | 284/8 | €5,057 | €5,057 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €5,057 | €5,057 | = | 0.0% |
| Current assets | 29/58 | €6,500,735 | €11,870,045 | +€5.4m | +82.6% |
| Stocks and contracts in progress | 3 | €4,619,989 | €8,096,524 | +€3.5m | +75.2% |
| Stocks | 30/36 | €4,619,989 | €8,096,524 | +€3.5m | +75.2% |
| Goods purchased for resale | 34 | €4,619,989 | €8,096,524 | +€3.5m | +75.2% |
| Amounts receivable within one year | 40/41 | €1,516,746 | €2,016,276 | +€499,529 | +32.9% |
| Trade receivables | 40 | €1,470,047 | €2,014,974 | +€544,928 | +37.1% |
| Other amounts receivable | 41 | €46,700 | €1,301 | -€45,398 | -97.2% |
| Cash at bank and in hand | 54/58 | €38,644 | €1,375,702 | +€1.3m | +3,460% |
| Deferred charges and accrued income | 490/1 | €325,356 | €381,543 | +€56,187 | +17.3% |
| Total equity and liabilities | 10/49 | €6,614,235 | €11,964,657 | +€5.4m | +80.9% |
| Equity | 10/15 | €2,072,013 | €2,324,656 | +€252,642 | +12.2% |
| Contributions | 10/11 | €186,000 | €186,000 | = | 0.0% |
| Capital | 10 | €186,000 | €186,000 | = | 0.0% |
| Issued capital | 100 | €186,000 | €186,000 | = | 0.0% |
| Reserves | 13 | €1,886,013 | €2,138,656 | +€252,642 | +13.4% |
| Non-distributable reserves | 130/1 | €18,600 | €18,600 | = | 0.0% |
| Legal reserve | 130 | €18,600 | €18,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,373 | €2,373 | = | 0.0% |
| Distributable reserves | 133 | €1,865,040 | €2,117,683 | +€252,642 | +13.5% |
| Amounts payable | 17/49 | €4,542,221 | €9,640,002 | +€5.1m | +112% |
| Amounts payable after more than one year | 17 | €11,142 | €6,826 | -€4,316 | -38.7% |
| Financial debts | 170/4 | €11,142 | €6,826 | -€4,316 | -38.7% |
| Leasing and similar obligations | 172 | €11,142 | €6,826 | -€4,316 | -38.7% |
| Amounts payable within one year | 42/48 | €4,501,846 | €9,566,005 | +€5.1m | +112% |
| Current portion of amounts payable after more than one year | 42 | €8,568 | €4,316 | -€4,252 | -49.6% |
| Financial debts | 43 | €3,336,342 | €7,114,548 | +€3.8m | +113% |
| Credit institutions | 430/8 | €3,336,342 | €7,114,548 | +€3.8m | +113% |
| Trade debts | 44 | €512,410 | €1,132,109 | +€619,699 | +121% |
| Suppliers | 440/4 | €512,410 | €1,132,109 | +€619,699 | +121% |
| Taxes, remuneration and social security | 45 | €55,997 | €178,188 | +€122,191 | +218% |
| Taxes | 450/3 | €25,662 | €129,918 | +€104,256 | +406% |
| Remuneration and social security | 454/9 | €30,335 | €48,270 | +€17,935 | +59.1% |
| Other amounts payable | 47/48 | €588,529 | €1,136,844 | +€548,315 | +93.2% |
| Accrued charges and deferred income | 492/3 | €29,233 | €67,170 | +€37,938 | +130% |
| Operating income | 70/76A | €17,029,934 | €24,103,984 | +€7.1m | +41.5% |
| Turnover | 70 | €17,021,444 | €24,094,956 | +€7.1m | +41.6% |
| Other operating income | 74 | €8,490 | €9,028 | +€538 | +6.3% |
| Operating charges | 60/66A | €16,756,413 | €23,499,895 | +€6.7m | +40.2% |
| Goods for resale, raw materials and consumables | 60 | €15,704,569 | €22,314,628 | +€6.6m | +42.1% |
| Purchases | 600/8 | €15,291,293 | €25,791,162 | +€10.5m | +68.7% |
| Change in stocks: decrease (increase) | 609 | €413,276 | -€3,476,534 | -€3.9m | |
| Services and other goods | 61 | €882,363 | €941,530 | +€59,167 | +6.7% |
| Remuneration, social security and pensions | 62 | €133,670 | €194,181 | +€60,511 | +45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,482 | €32,637 | -€845 | -2.5% |
| Other operating charges | 640/8 | €2,329 | €16,919 | +€14,589 | +626% |
| Operating profit (loss) | 9901 | €273,521 | €604,089 | +€330,569 | +121% |
| Financial income | 75/76B | €3,961 | €1,126 | -€2,835 | -71.6% |
| Recurring financial income | 75 | €3,961 | €1,126 | -€2,835 | -71.6% |
| Other financial income | 752/9 | €3,961 | €1,126 | -€2,835 | -71.6% |
| Financial charges | 65/66B | €233,086 | €255,336 | +€22,250 | +9.5% |
| Recurring financial charges | 65 | €233,086 | €255,336 | +€22,250 | +9.5% |
| Debt charges | 650 | €24,622 | €32,250 | +€7,627 | +31.0% |
| Other financial charges | 652/9 | €208,463 | €223,086 | +€14,622 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €44,396 | €349,879 | +€305,484 | +688% |
| Income taxes | 67/77 | €16,879 | €97,237 | +€80,358 | +476% |
| Taxes | 670/3 | €16,937 | €97,237 | +€80,300 | +474% |
| Tax adjustments and reversals of tax provisions | 77 | €58 | €0 | -€58 | -100% |
| Profit (loss) for the period | 9904 | €27,517 | €252,642 | +€225,125 | +818% |
| Profit (loss) for the period to be appropriated | 9905 | €27,517 | €252,642 | +€225,125 | +818% |
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 29 October 2026 via checked.be.