RUCRA: 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.
RUCRA
Largest movements
- Tangible fixed assets +€55,974
up €55,974 (+2.0%), from €2.7m to €2.8m
of which Land and buildings: +€73,703
- Cash -€45,554
down €45,554 (-9.1%), from €499,010 to €453,457
mainly Investment in fixed assets (net) (-€226,787) and Accrued charges and deferred income (-€59,743)
- Accrued charges and deferred income -€59,743
down €59,743 (-97.7%), from €61,163 to €1,421
- Reserves +€36,951
up €36,951 (+4.3%), from €849,742 to €886,692
of which Distributable reserves: +€46,051
- Other debts +€36,404
up €36,404 (+5.6%), from €652,827 to €689,231
- Gross operating margin -€13,516
down €13,516 (-4.0%), from €341,568 to €328,052
- Taxes -€11,886
down €11,886 (-31.7%), from €37,554 to €25,668
- Financial charges +€11,029
up €11,029 (+18.7%), from €59,109 to €70,138
- Depreciation +€10,198
up €10,198 (+6.3%), from €160,614 to €170,813
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 | €3,476,690 | €3,507,766 | +€31,075 | +0.9% |
| Fixed assets | 21/28 | €2,749,214 | €2,805,188 | +€55,974 | +2.0% |
| Tangible fixed assets | 22/27 | €2,748,753 | €2,804,727 | +€55,974 | +2.0% |
| Land and buildings | 22 | €2,683,930 | €2,757,633 | +€73,703 | +2.7% |
| Plant, machinery and equipment | 23 | €1,664 | €1,236 | -€428 | -25.7% |
| Furniture and vehicles | 24 | €63,159 | €45,858 | -€17,301 | -27.4% |
| Financial fixed assets | 28 | €461 | €461 | = | 0.0% |
| Current assets | 29/58 | €727,476 | €702,578 | -€24,899 | -3.4% |
| Amounts receivable after more than one year | 29 | €170,000 | €170,000 | = | 0.0% |
| Other amounts receivable | 291 | €170,000 | €170,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,706 | €69,264 | +€27,558 | +66.1% |
| Trade receivables | 40 | - | €12,486 | +€12,486 | |
| Other amounts receivable | 41 | €41,706 | €56,779 | +€15,073 | +36.1% |
| Cash at bank and in hand | 54/58 | €499,010 | €453,457 | -€45,554 | -9.1% |
| Deferred charges and accrued income | 490/1 | €16,760 | €9,857 | -€6,903 | -41.2% |
| Total equity and liabilities | 10/49 | €3,476,690 | €3,507,766 | +€31,075 | +0.9% |
| Equity | 10/15 | €2,672,646 | €2,709,597 | +€36,951 | +1.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €67,330 | €67,330 | = | 0.0% |
| Reserves | 13 | €849,742 | €886,692 | +€36,951 | +4.3% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €139,594 | €130,494 | -€9,100 | -6.5% |
| Distributable reserves | 133 | €703,950 | €750,001 | +€46,051 | +6.5% |
| Profit (loss) carried forward | 14 | €1,693,601 | €1,693,601 | = | 0.0% |
| Provisions and deferred taxes | 16 | €45,705 | €42,672 | -€3,033 | -6.6% |
| Deferred taxes | 168 | €45,705 | €42,672 | -€3,033 | -6.6% |
| Amounts payable | 17/49 | €758,339 | €755,497 | -€2,842 | -0.4% |
| Amounts payable after more than one year | 17 | €39,868 | €38,368 | -€1,500 | -3.8% |
| Other amounts payable | 178/9 | €39,868 | €38,368 | -€1,500 | -3.8% |
| Amounts payable within one year | 42/48 | €657,308 | €715,709 | +€58,401 | +8.9% |
| Trade debts | 44 | €3,803 | €4,886 | +€1,082 | +28.5% |
| Suppliers | 440/4 | €3,803 | €4,886 | +€1,082 | +28.5% |
| Taxes, remuneration and social security | 45 | €678 | €21,592 | +€20,914 | +3084.2% |
| Taxes | 450/3 | €678 | €21,592 | +€20,914 | +3084.2% |
| Other amounts payable | 47/48 | €652,827 | €689,231 | +€36,404 | +5.6% |
| Accrued charges and deferred income | 492/3 | €61,163 | €1,421 | -€59,743 | -97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,614 | €170,813 | +€10,198 | +6.3% |
| Other operating charges | 640/8 | €32,613 | €33,374 | +€761 | +2.3% |
| Gross operating margin | 9900 | €341,568 | €328,052 | -€13,516 | -4.0% |
| Operating profit (loss) | 9901 | €148,341 | €123,866 | -€24,475 | -16.5% |
| Financial income | 75/76B | €3,416 | €5,857 | +€2,441 | +71.4% |
| Recurring financial income | 75 | €3,416 | €5,857 | +€2,441 | +71.4% |
| Financial charges | 65/66B | €59,109 | €70,138 | +€11,029 | +18.7% |
| Recurring financial charges | 65 | €59,109 | €70,138 | +€11,029 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €92,649 | €59,585 | -€33,064 | -35.7% |
| Transfer from deferred taxes | 780 | €3,033 | €3,033 | = | 0.0% |
| Income taxes | 67/77 | €37,554 | €25,668 | -€11,886 | -31.7% |
| Profit (loss) for the period | 9904 | €58,129 | €36,951 | -€21,178 | -36.4% |
| Transfer from tax-exempt reserves | 789 | €9,100 | €9,100 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €67,229 | €46,051 | -€21,178 | -31.5% |
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 7 October 2026 via checked.be.