RUDEMA: 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.
RUDEMA
Largest movements
- Cash +€629,288
up €629,288 (+818.0%), from €76,925 to €706,214
mainly Net result for the year (+€654,441) and Current investments (+€540,194)
- Current investments -€540,194
no longer reported in 2025 (was €540,194)
- Receivables within one year -€119,856
no longer reported in 2025 (was €119,856)
of which Trade receivables: -€115,834
- Other debts -€126,887
down €126,887 (-19.8%), from €639,963 to €513,076
- Reserves +€54,441
new in 2025: €54,441
- Tax, wage and social debts +€40,239
up €40,239 (+52.5%), from €76,585 to €116,823
- Financial income -€52,768
down €52,768 (-56.1%), from €94,040 to €41,273
- Financial charges +€43,087
up €43,087 (+2789.7%), from €1,544 to €44,632
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 | €739,476 | €708,281 | -€31,195 | -4.2% |
| Fixed assets | 21/28 | €1,161 | - | -€1,161 | |
| Tangible fixed assets | 22/27 | €1,161 | - | -€1,161 | |
| Furniture and vehicles | 24 | €1,161 | - | -€1,161 | |
| Current assets | 29/58 | €738,316 | €708,281 | -€30,034 | -4.1% |
| Amounts receivable within one year | 40/41 | €119,856 | - | -€119,856 | |
| Trade receivables | 40 | €115,834 | - | -€115,834 | |
| Other amounts receivable | 41 | €4,022 | - | -€4,022 | |
| Current investments | 50/53 | €540,194 | - | -€540,194 | |
| Cash at bank and in hand | 54/58 | €76,925 | €706,214 | +€629,288 | +818.0% |
| Deferred charges and accrued income | 490/1 | €1,340 | €2,068 | +€728 | +54.3% |
| Total equity and liabilities | 10/49 | €739,476 | €708,281 | -€31,195 | -4.2% |
| Equity | 10/15 | €18,600 | €73,041 | +€54,441 | +292.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €54,441 | +€54,441 | |
| Distributable reserves | 133 | - | €54,441 | +€54,441 | |
| Amounts payable | 17/49 | €720,876 | €635,240 | -€85,637 | -11.9% |
| Amounts payable within one year | 42/48 | €719,949 | €635,240 | -€84,710 | -11.8% |
| Trade debts | 44 | €3,402 | €5,341 | +€1,939 | +57.0% |
| Suppliers | 440/4 | €3,402 | €5,341 | +€1,939 | +57.0% |
| Taxes, remuneration and social security | 45 | €76,585 | €116,823 | +€40,239 | +52.5% |
| Taxes | 450/3 | €76,585 | €116,823 | +€40,239 | +52.5% |
| Other amounts payable | 47/48 | €639,963 | €513,076 | -€126,887 | -19.8% |
| Accrued charges and deferred income | 492/3 | €927 | - | -€927 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,899 | €1,161 | -€1,739 | -60.0% |
| Other operating charges | 640/8 | €986 | €1,185 | +€199 | +20.1% |
| Gross operating margin | 9900 | €882,833 | €877,777 | -€5,056 | -0.6% |
| Operating profit (loss) | 9901 | €878,948 | €875,432 | -€3,516 | -0.4% |
| Financial income | 75/76B | €94,040 | €41,273 | -€52,768 | -56.1% |
| Recurring financial income | 75 | €94,040 | €41,273 | -€52,768 | -56.1% |
| Financial charges | 65/66B | €1,544 | €44,632 | +€43,087 | +2789.7% |
| Recurring financial charges | 65 | €1,544 | €44,632 | +€43,087 | +2789.7% |
| Profit (loss) for the period before taxes | 9903 | €971,444 | €872,072 | -€99,371 | -10.2% |
| Income taxes | 67/77 | €226,048 | €217,631 | -€8,417 | -3.7% |
| Profit (loss) for the period | 9904 | €745,396 | €654,441 | -€90,954 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €745,396 | €654,441 | -€90,954 | -12.2% |
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 11 October 2026 via checked.be.