RUEBENS: 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.
RUEBENS
Largest movements
- Receivables within one year +€23,884
up €23,884 (+99.8%), from €23,930 to €47,813
of which Trade receivables: +€18,502
- Tangible fixed assets -€7,200
down €7,200 (-34.9%), from €20,618 to €13,418
of which Plant, machinery and equipment: -€4,483
- Cash -€5,544
down €5,544 (-22.9%), from €24,224 to €18,681
mainly Receivables within one year (-€23,884) and Stocks and contracts (-€1,853)
- Stocks and contracts +€1,853
up €1,853 (+20.4%), from €9,102 to €10,955
- Trade debts +€8,629
up €8,629 (+49.6%), from €17,400 to €26,029
- Profit (loss) carried forward +€3,496
up €3,496, from -€489 to €3,007
- Other operating charges -€12,976
down €12,976 (-98.9%), from €13,121 to €144
- Gross operating margin -€7,595
down €7,595 (-32.4%), from €23,441 to €15,846
- Taxes +€1,509
up €1,509 (+48.1%), from €3,136 to €4,645
- Financial charges +€516
up €516 (+608%), from €85 to €601
- Depreciation -€388
down €388 (-5.1%), from €7,589 to €7,200
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 | €81,582 | €94,215 | +€12,633 | +15.5% |
| Fixed assets | 21/28 | €20,678 | €13,478 | -€7,200 | -34.8% |
| Tangible fixed assets | 22/27 | €20,618 | €13,418 | -€7,200 | -34.9% |
| Plant, machinery and equipment | 23 | €11,660 | €7,176 | -€4,483 | -38.5% |
| Furniture and vehicles | 24 | €8,959 | €6,242 | -€2,717 | -30.3% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €60,904 | €80,737 | +€19,833 | +32.6% |
| Stocks and contracts in progress | 3 | €9,102 | €10,955 | +€1,853 | +20.4% |
| Stocks | 30/36 | €9,102 | €10,955 | +€1,853 | +20.4% |
| Amounts receivable within one year | 40/41 | €23,930 | €47,813 | +€23,884 | +99.8% |
| Trade receivables | 40 | €21,225 | €39,728 | +€18,502 | +87.2% |
| Other amounts receivable | 41 | €2,704 | €8,086 | +€5,382 | +199% |
| Cash at bank and in hand | 54/58 | €24,224 | €18,681 | -€5,544 | -22.9% |
| Deferred charges and accrued income | 490/1 | €3,648 | €3,288 | -€360 | -9.9% |
| Total equity and liabilities | 10/49 | €81,582 | €94,215 | +€12,633 | +15.5% |
| Equity | 10/15 | €61,053 | €64,549 | +€3,496 | +5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,942 | €42,942 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €41,082 | €41,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€489 | €3,007 | +€3,496 | |
| Amounts payable | 17/49 | €20,529 | €29,666 | +€9,136 | +44.5% |
| Amounts payable within one year | 42/48 | €20,529 | €29,666 | +€9,136 | +44.5% |
| Trade debts | 44 | €17,400 | €26,029 | +€8,629 | +49.6% |
| Suppliers | 440/4 | €17,400 | €26,029 | +€8,629 | +49.6% |
| Taxes, remuneration and social security | 45 | €3,130 | €3,637 | +€507 | +16.2% |
| Taxes | 450/3 | €3,130 | €3,637 | +€507 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,589 | €7,200 | -€388 | -5.1% |
| Other operating charges | 640/8 | €13,121 | €144 | -€12,976 | -98.9% |
| Gross operating margin | 9900 | €23,441 | €15,846 | -€7,595 | -32.4% |
| Operating profit (loss) | 9901 | €2,732 | €8,501 | +€5,770 | +211% |
| Financial income | 75/76B | - | €241 | +€241 | |
| Recurring financial income | 75 | - | €241 | +€241 | |
| Financial charges | 65/66B | €85 | €601 | +€516 | +608% |
| Recurring financial charges | 65 | €85 | €601 | +€516 | +608% |
| Profit (loss) for the period before taxes | 9903 | €2,647 | €8,142 | +€5,495 | +208% |
| Income taxes | 67/77 | €3,136 | €4,645 | +€1,509 | +48.1% |
| Profit (loss) for the period | 9904 | -€489 | €3,496 | +€3,986 | |
| Profit (loss) for the period to be appropriated | 9905 | -€489 | €3,496 | +€3,986 |
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 18 October 2026 via checked.be.