RUDY BETTENS: what changed
RUDY BETTENS
Largest movements
- Cash +€21,366
up €21,366 (+174%), from €12,262 to €33,628
mainly Receivables within one year (+€17,619) and Depreciation (+€5,389)
- Receivables within one year -€17,619
down €17,619 (-69.5%), from €25,341 to €7,722
of which Trade receivables: -€19,000
- Tangible fixed assets -€5,389
down €5,389 (-69.8%), from €7,719 to €2,330
of which Furniture and vehicles: -€5,042
- Stocks and contracts -€1,212
down €1,212 (-16.0%), from €7,581 to €6,369
- Deferred charges and accrued income +€687
up €687 (+12.2%), from €5,622 to €6,309
- Tax, wage and social debts -€3,912
down €3,912 (-83.9%), from €4,662 to €750
of which Taxes: -€2,712
- Trade debts +€2,004
up €2,004 (+1,901%), from €105 to €2,109
- Gross operating margin -€11,736
down €11,736 (-59.9%), from €19,599 to €7,862
- Taxes -€3,436
down €3,436 (-81.6%), from €4,212 to €776
- Depreciation -€779
down €779 (-12.6%), from €6,169 to €5,389
- Financial income -€456
down €456 (-88.6%), from €514 to €58
- Financial charges +€323
up €323 (+211%), from €153 to €476
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 | €58,525 | €56,358 | -€2,167 | -3.7% |
| Fixed assets | 21/28 | €7,719 | €2,330 | -€5,389 | -69.8% |
| Tangible fixed assets | 22/27 | €7,719 | €2,330 | -€5,389 | -69.8% |
| Plant, machinery and equipment | 23 | €2,677 | €2,330 | -€347 | -13.0% |
| Furniture and vehicles | 24 | €5,042 | €0 | -€5,042 | -100% |
| Current assets | 29/58 | €50,806 | €54,028 | +€3,222 | +6.3% |
| Stocks and contracts in progress | 3 | €7,581 | €6,369 | -€1,212 | -16.0% |
| Stocks | 30/36 | €7,581 | €6,369 | -€1,212 | -16.0% |
| Amounts receivable within one year | 40/41 | €25,341 | €7,722 | -€17,619 | -69.5% |
| Trade receivables | 40 | €19,335 | €335 | -€19,000 | -98.3% |
| Other amounts receivable | 41 | €6,006 | €7,387 | +€1,381 | +23.0% |
| Cash at bank and in hand | 54/58 | €12,262 | €33,628 | +€21,366 | +174% |
| Deferred charges and accrued income | 490/1 | €5,622 | €6,309 | +€687 | +12.2% |
| Total equity and liabilities | 10/49 | €58,525 | €56,358 | -€2,167 | -3.7% |
| Equity | 10/15 | €53,535 | €53,499 | -€36 | -0.1% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €29,058 | €29,058 | = | 0.0% |
| Distributable reserves | 133 | €29,058 | €29,058 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,476 | €12,441 | -€36 | -0.3% |
| Amounts payable | 17/49 | €4,990 | €2,859 | -€2,131 | -42.7% |
| Amounts payable within one year | 42/48 | €4,849 | €2,859 | -€1,990 | -41.0% |
| Trade debts | 44 | €105 | €2,109 | +€2,004 | +1,901% |
| Suppliers | 440/4 | €105 | €2,109 | +€2,004 | +1,901% |
| Taxes, remuneration and social security | 45 | €4,662 | €750 | -€3,912 | -83.9% |
| Taxes | 450/3 | €3,462 | €750 | -€2,712 | -78.3% |
| Remuneration and social security | 454/9 | €1,200 | €0 | -€1,200 | -100% |
| Other amounts payable | 47/48 | €81 | €0 | -€81 | -100% |
| Accrued charges and deferred income | 492/3 | €142 | €0 | -€142 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,169 | €5,389 | -€779 | -12.6% |
| Other operating charges | 640/8 | €1,220 | €1,315 | +€95 | +7.8% |
| Gross operating margin | 9900 | €19,599 | €7,862 | -€11,736 | -59.9% |
| Operating profit (loss) | 9901 | €12,210 | €1,158 | -€11,052 | -90.5% |
| Financial income | 75/76B | €514 | €58 | -€456 | -88.6% |
| Recurring financial income | 75 | €514 | €58 | -€456 | -88.6% |
| Financial charges | 65/66B | €153 | €476 | +€323 | +211% |
| Recurring financial charges | 65 | €153 | €476 | +€323 | +211% |
| Profit (loss) for the period before taxes | 9903 | €12,571 | €740 | -€11,831 | -94.1% |
| Income taxes | 67/77 | €4,212 | €776 | -€3,436 | -81.6% |
| Profit (loss) for the period | 9904 | €8,359 | -€36 | -€8,395 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,359 | -€36 | -€8,395 |
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.