Rudy Platteau: 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.
Rudy Platteau
Largest movements
- Receivables within one year +€26,555
up €26,555 (+57.1%), from €46,479 to €73,033
of which Other amounts receivable: +€26,343
- Tangible fixed assets -€21,689
down €21,689 (-9.0%), from €241,930 to €220,241
of which Leasing and similar rights: -€21,452
- Cash -€5,375
down €5,375 (-11.2%), from €48,078 to €42,704
mainly Receivables within one year (-€26,555) and Debts after one year (-€21,871)
- Debts after one year -€21,871
down €21,871 (-85.6%), from €25,547 to €3,676
- Reserves +€20,539
up €20,539 (+8.0%), from €256,921 to €277,460
- Short-term financial debts +€4,214
new in 2025: €4,214
- Gross operating margin +€8,662
up €8,662 (+13.5%), from €64,071 to €72,732
- Taxes +€3,239
up €3,239 (+28.9%), from €11,199 to €14,438
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.
Derived cash bridge
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 | €341,082 | €339,856 | -€1,225 | -0.4% |
| Fixed assets | 21/28 | €241,930 | €220,241 | -€21,689 | -9.0% |
| Tangible fixed assets | 22/27 | €241,930 | €220,241 | -€21,689 | -9.0% |
| Land and buildings | 22 | €181,203 | €173,617 | -€7,586 | -4.2% |
| Furniture and vehicles | 24 | €4,433 | €3,354 | -€1,079 | -24.3% |
| Leasing and similar rights | 25 | €46,606 | €25,154 | -€21,452 | -46.0% |
| Other tangible fixed assets | 26 | €9,688 | €18,116 | +€8,428 | +87.0% |
| Current assets | 29/58 | €99,152 | €119,616 | +€20,464 | +20.6% |
| Amounts receivable within one year | 40/41 | €46,479 | €73,033 | +€26,555 | +57.1% |
| Trade receivables | 40 | €37,846 | €38,058 | +€212 | +0.6% |
| Other amounts receivable | 41 | €8,632 | €34,975 | +€26,343 | +305% |
| Cash at bank and in hand | 54/58 | €48,078 | €42,704 | -€5,375 | -11.2% |
| Deferred charges and accrued income | 490/1 | €4,595 | €3,879 | -€717 | -15.6% |
| Total equity and liabilities | 10/49 | €341,082 | €339,856 | -€1,225 | -0.4% |
| Equity | 10/15 | €275,521 | €296,060 | +€20,539 | +7.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €256,921 | €277,460 | +€20,539 | +8.0% |
| Distributable reserves | 133 | €256,921 | €277,460 | +€20,539 | +8.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €65,560 | €43,796 | -€21,764 | -33.2% |
| Amounts payable after more than one year | 17 | €25,547 | €3,676 | -€21,871 | -85.6% |
| Financial debts | 170/4 | €25,547 | €3,676 | -€21,871 | -85.6% |
| Amounts payable within one year | 42/48 | €40,013 | €40,120 | +€106 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €21,554 | €21,987 | +€434 | +2.0% |
| Financial debts | 43 | - | €4,214 | +€4,214 | |
| Credit institutions | 430/8 | - | €4,214 | +€4,214 | |
| Trade debts | 44 | €5,441 | €3,777 | -€1,664 | -30.6% |
| Suppliers | 440/4 | €5,441 | €3,777 | -€1,664 | -30.6% |
| Taxes, remuneration and social security | 45 | €13,019 | €10,141 | -€2,878 | -22.1% |
| Taxes | 450/3 | €13,019 | €10,141 | -€2,878 | -22.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,389 | €31,663 | +€274 | +0.9% |
| Other operating charges | 640/8 | €5,925 | €6,001 | +€76 | +1.3% |
| Gross operating margin | 9900 | €64,071 | €72,732 | +€8,662 | +13.5% |
| Operating profit (loss) | 9901 | €26,757 | €35,068 | +€8,311 | +31.1% |
| Financial income | 75/76B | €867 | €914 | +€47 | +5.4% |
| Recurring financial income | 75 | €867 | €914 | +€47 | +5.4% |
| Financial charges | 65/66B | €1,417 | €1,006 | -€411 | -29.0% |
| Recurring financial charges | 65 | €1,417 | €1,006 | -€411 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €26,207 | €34,976 | +€8,769 | +33.5% |
| Income taxes | 67/77 | €11,199 | €14,438 | +€3,239 | +28.9% |
| Profit (loss) for the period | 9904 | €15,008 | €20,539 | +€5,531 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,008 | €20,539 | +€5,531 | +36.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.