RUDY: 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.
RUDY
Largest movements
- Receivables within one year +€25,651
up €25,651 (+114.7%), from €22,362 to €48,013
of which Other amounts receivable: +€25,651
- Tangible fixed assets -€18,150
down €18,150 (-41.4%), from €43,880 to €25,730
of which Furniture and vehicles: -€16,765
- Stocks and contracts -€10,828
no longer reported in 2025 (was €10,828)
- Cash -€6,962
down €6,962 (-9.1%), from €76,645 to €69,682
mainly Receivables within one year (-€25,651) and Tax, wage and social debts (-€8,158)
- Trade debts +€8,466
up €8,466 (+393.3%), from €2,152 to €10,618
- Tax, wage and social debts -€8,158
down €8,158 (-49.0%), from €16,657 to €8,500
of which Remuneration and social security: -€7,596
- Debts after one year -€5,955
down €5,955 (-30.3%), from €19,638 to €13,683
- Profit (loss) carried forward -€4,449
down €4,449 (-10.5%), from €42,298 to €37,850
- Gross operating margin -€7,612
down €7,612 (-7.6%), from €100,349 to €92,737
- Other operating charges -€5,751
down €5,751 (-59.3%), from €9,690 to €3,940
- Staff costs -€5,625
down €5,625 (-7.5%), from €74,900 to €69,275
- Taxes -€2,580
down €2,580 (-51.7%), from €4,987 to €2,406
- Depreciation +€2,398
up €2,398 (+15.2%), from €15,752 to €18,150
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 | €154,685 | €144,806 | -€9,879 | -6.4% |
| Fixed assets | 21/28 | €43,880 | €25,730 | -€18,150 | -41.4% |
| Tangible fixed assets | 22/27 | €43,880 | €25,730 | -€18,150 | -41.4% |
| Plant, machinery and equipment | 23 | €2,677 | €1,812 | -€865 | -32.3% |
| Furniture and vehicles | 24 | €37,127 | €20,362 | -€16,765 | -45.2% |
| Other tangible fixed assets | 26 | €4,076 | €3,556 | -€520 | -12.8% |
| Current assets | 29/58 | €110,805 | €119,076 | +€8,271 | +7.5% |
| Stocks and contracts in progress | 3 | €10,828 | - | -€10,828 | |
| Stocks | 30/36 | €10,828 | - | -€10,828 | |
| Amounts receivable within one year | 40/41 | €22,362 | €48,013 | +€25,651 | +114.7% |
| Trade receivables | 40 | €4,000 | €4,000 | = | 0.0% |
| Other amounts receivable | 41 | €18,362 | €44,013 | +€25,651 | +139.7% |
| Cash at bank and in hand | 54/58 | €76,645 | €69,682 | -€6,962 | -9.1% |
| Deferred charges and accrued income | 490/1 | €969 | €1,381 | +€411 | +42.4% |
| Total equity and liabilities | 10/49 | €154,685 | €144,806 | -€9,879 | -6.4% |
| Equity | 10/15 | €110,498 | €106,050 | -€4,449 | -4.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,298 | €37,850 | -€4,449 | -10.5% |
| Amounts payable | 17/49 | €44,187 | €38,756 | -€5,431 | -12.3% |
| Amounts payable after more than one year | 17 | €19,638 | €13,683 | -€5,955 | -30.3% |
| Financial debts | 170/4 | €19,638 | €13,683 | -€5,955 | -30.3% |
| Amounts payable within one year | 42/48 | €24,549 | €25,073 | +€524 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €5,739 | €5,955 | +€216 | +3.8% |
| Trade debts | 44 | €2,152 | €10,618 | +€8,466 | +393.3% |
| Suppliers | 440/4 | €2,152 | €10,618 | +€8,466 | +393.3% |
| Taxes, remuneration and social security | 45 | €16,657 | €8,500 | -€8,158 | -49.0% |
| Taxes | 450/3 | €6,009 | €5,447 | -€562 | -9.4% |
| Remuneration and social security | 454/9 | €10,648 | €3,053 | -€7,596 | -71.3% |
| Remuneration, social security and pensions | 62 | €74,900 | €69,275 | -€5,625 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,752 | €18,150 | +€2,398 | +15.2% |
| Other operating charges | 640/8 | €9,690 | €3,940 | -€5,751 | -59.3% |
| Gross operating margin | 9900 | €100,349 | €92,737 | -€7,612 | -7.6% |
| Operating profit (loss) | 9901 | €7 | €1,372 | +€1,366 | +19847.5% |
| Financial income | 75/76B | €24 | €4 | -€20 | -83.8% |
| Recurring financial income | 75 | €24 | €4 | -€20 | -83.8% |
| Financial charges | 65/66B | €3,355 | €3,419 | +€63 | +1.9% |
| Recurring financial charges | 65 | €3,355 | €3,419 | +€63 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,324 | -€2,042 | +€1,282 | +38.6% |
| Income taxes | 67/77 | €4,987 | €2,406 | -€2,580 | -51.7% |
| Profit (loss) for the period | 9904 | -€8,311 | -€4,449 | +€3,863 | +46.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,311 | -€4,449 | +€3,863 | +46.5% |
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 6 October 2026 via checked.be.