Rudi Das: what changed
Rudi Das
Largest movements
- Receivables after one year +€63,339
up €63,339 (+35.8%), from €177,127 to €240,466
- Cash -€33,122
down €33,122 (-9.6%), from €343,928 to €310,806
mainly Receivables after one year (-€63,339) and Net result for the year (-€38,718)
- Stocks and contracts -€26,134
down €26,134 (-18.0%), from €145,006 to €118,871
- Tangible fixed assets -€20,878
down €20,878 (-22.4%), from €93,318 to €72,441
of which Furniture and vehicles: -€15,444
- Receivables within one year -€16,745
down €16,745 (-48.9%), from €34,262 to €17,518
of which Other amounts receivable: -€12,078
- Profit (loss) carried forward -€38,718
down €38,718 (-15.7%), from -€247,163 to -€285,881
- Depreciation +€2,246
up €2,246 (+12.1%), from €18,632 to €20,878
- Gross operating margin -€1,993
down €1,993 (-9.1%), from -€21,808 to -€23,802
- Financial income +€780
up €780 (+10.3%), from €7,553 to €8,333
- Other operating charges -€743
down €743 (-31.1%), from €2,389 to €1,646
- Financial charges -€405
down €405 (-35.8%), from €1,131 to €726
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €799,048 | €764,850 | -€34,197 | -4.3% |
| Fixed assets | 21/28 | €94,218 | €73,341 | -€20,878 | -22.2% |
| Tangible fixed assets | 22/27 | €93,318 | €72,441 | -€20,878 | -22.4% |
| Land and buildings | 22 | €34,441 | €29,963 | -€4,478 | -13.0% |
| Plant, machinery and equipment | 23 | €2,409 | €1,453 | -€956 | -39.7% |
| Furniture and vehicles | 24 | €56,469 | €41,025 | -€15,444 | -27.3% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €704,829 | €691,509 | -€13,320 | -1.9% |
| Amounts receivable after more than one year | 29 | €177,127 | €240,466 | +€63,339 | +35.8% |
| Other amounts receivable | 291 | €177,127 | €240,466 | +€63,339 | +35.8% |
| Stocks and contracts in progress | 3 | €145,006 | €118,871 | -€26,134 | -18.0% |
| Stocks | 30/36 | €145,006 | €118,871 | -€26,134 | -18.0% |
| Amounts receivable within one year | 40/41 | €34,262 | €17,518 | -€16,745 | -48.9% |
| Trade receivables | 40 | €14,185 | €9,519 | -€4,667 | -32.9% |
| Other amounts receivable | 41 | €20,077 | €7,999 | -€12,078 | -60.2% |
| Cash at bank and in hand | 54/58 | €343,928 | €310,806 | -€33,122 | -9.6% |
| Deferred charges and accrued income | 490/1 | €4,506 | €3,848 | -€658 | -14.6% |
| Total equity and liabilities | 10/49 | €799,048 | €764,850 | -€34,197 | -4.3% |
| Equity | 10/15 | €797,422 | €758,704 | -€38,718 | -4.9% |
| Contributions | 10/11 | €260,000 | €260,000 | = | 0.0% |
| Reserves | 13 | €784,585 | €784,585 | = | 0.0% |
| Distributable reserves | 133 | €784,585 | €784,585 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€247,163 | -€285,881 | -€38,718 | -15.7% |
| Amounts payable | 17/49 | €1,625 | €6,146 | +€4,521 | +278% |
| Amounts payable within one year | 42/48 | €1,133 | €6,146 | +€5,014 | +443% |
| Trade debts | 44 | €1,133 | €1,183 | +€51 | +4.5% |
| Suppliers | 440/4 | €1,133 | €1,183 | +€51 | +4.5% |
| Taxes, remuneration and social security | 45 | - | €4,963 | +€4,963 | |
| Taxes | 450/3 | - | €4,963 | +€4,963 | |
| Accrued charges and deferred income | 492/3 | €493 | €0 | -€493 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,632 | €20,878 | +€2,246 | +12.1% |
| Other operating charges | 640/8 | €2,389 | €1,646 | -€743 | -31.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€21,808 | -€23,802 | -€1,993 | -9.1% |
| Operating profit (loss) | 9901 | -€42,830 | -€46,325 | -€3,496 | -8.2% |
| Financial income | 75/76B | €7,553 | €8,333 | +€780 | +10.3% |
| Recurring financial income | 75 | €7,553 | €8,333 | +€780 | +10.3% |
| Financial charges | 65/66B | €1,131 | €726 | -€405 | -35.8% |
| Recurring financial charges | 65 | €1,131 | €726 | -€405 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | -€36,407 | -€38,718 | -€2,311 | -6.3% |
| Profit (loss) for the period | 9904 | -€36,407 | -€38,718 | -€2,311 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,407 | -€38,718 | -€2,311 | -6.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.