RUDANN: 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.
RUDANN
Largest movements
- Current investments +€50,169
up €50,169 (+66.1%), from €75,909 to €126,078
- Cash -€33,988
down €33,988 (-5.7%), from €595,019 to €561,031
mainly Current investments (-€50,169) and Receivables within one year (-€23,792)
- Receivables within one year +€23,792
up €23,792 (+208.9%), from €11,387 to €35,179
of which Other amounts receivable: +€27,000
- Tangible fixed assets -€23,530
down €23,530 (-56.2%), from €41,898 to €18,368
of which Furniture and vehicles: -€22,976
- Reserves +€40,963
up €40,963 (+6.2%), from €664,681 to €705,644
- Tax, wage and social debts -€14,314
down €14,314 (-66.4%), from €21,544 to €7,231
- Other debts -€8,320
down €8,320 (-24.4%), from €34,062 to €25,742
- Gross operating margin +€17,534
up €17,534 (+25.7%), from €68,123 to €85,657
- Taxes +€5,360
up €5,360 (+33.0%), from €16,223 to €21,583
- Financial income +€1,737
new in 2025: €1,737
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 | €727,915 | €741,950 | +€14,035 | +1.9% |
| Fixed assets | 21/28 | €41,898 | €18,368 | -€23,530 | -56.2% |
| Tangible fixed assets | 22/27 | €41,898 | €18,368 | -€23,530 | -56.2% |
| Land and buildings | 22 | €3,540 | €2,986 | -€554 | -15.7% |
| Furniture and vehicles | 24 | €38,358 | €15,382 | -€22,976 | -59.9% |
| Current assets | 29/58 | €686,017 | €723,582 | +€37,566 | +5.5% |
| Amounts receivable within one year | 40/41 | €11,387 | €35,179 | +€23,792 | +208.9% |
| Trade receivables | 40 | €11,387 | €8,179 | -€3,208 | -28.2% |
| Other amounts receivable | 41 | - | €27,000 | +€27,000 | |
| Current investments | 50/53 | €75,909 | €126,078 | +€50,169 | +66.1% |
| Cash at bank and in hand | 54/58 | €595,019 | €561,031 | -€33,988 | -5.7% |
| Deferred charges and accrued income | 490/1 | €3,701 | €1,294 | -€2,408 | -65.0% |
| Total equity and liabilities | 10/49 | €727,915 | €741,950 | +€14,035 | +1.9% |
| Equity | 10/15 | €665,681 | €706,644 | +€40,963 | +6.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €664,681 | €705,644 | +€40,963 | +6.2% |
| Distributable reserves | 133 | €664,681 | €705,644 | +€40,963 | +6.2% |
| Amounts payable | 17/49 | €62,234 | €35,307 | -€26,927 | -43.3% |
| Amounts payable within one year | 42/48 | €62,234 | €35,307 | -€26,927 | -43.3% |
| Trade debts | 44 | €6,627 | €2,333 | -€4,294 | -64.8% |
| Suppliers | 440/4 | €6,627 | €2,333 | -€4,294 | -64.8% |
| Taxes, remuneration and social security | 45 | €21,544 | €7,231 | -€14,314 | -66.4% |
| Taxes | 450/3 | €21,544 | €7,231 | -€14,314 | -66.4% |
| Other amounts payable | 47/48 | €34,062 | €25,742 | -€8,320 | -24.4% |
| Non-recurring operating income | 76A | €1,514 | - | -€1,514 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,021 | €23,530 | -€491 | -2.0% |
| Other operating charges | 640/8 | €604 | €1,089 | +€486 | +80.5% |
| Gross operating margin | 9900 | €68,123 | €85,657 | +€17,534 | +25.7% |
| Operating profit (loss) | 9901 | €43,498 | €61,037 | +€17,539 | +40.3% |
| Financial income | 75/76B | - | €1,737 | +€1,737 | |
| Recurring financial income | 75 | - | €1,737 | +€1,737 | |
| Financial charges | 65/66B | €1,056 | €229 | -€827 | -78.3% |
| Recurring financial charges | 65 | €1,056 | €229 | -€827 | -78.3% |
| Profit (loss) for the period before taxes | 9903 | €42,443 | €62,546 | +€20,103 | +47.4% |
| Income taxes | 67/77 | €16,223 | €21,583 | +€5,360 | +33.0% |
| Profit (loss) for the period | 9904 | €26,220 | €40,963 | +€14,743 | +56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,220 | €40,963 | +€14,743 | +56.2% |
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 8 October 2026 via checked.be.