RuffCut: 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.
RuffCut
Largest movements
- Stocks and contracts +€3,500
up €3,500 (+17.9%), from €19,500 to €23,000
- Receivables within one year -€1,341
down €1,341 (-91.7%), from €1,462 to €121
of which Other amounts receivable: -€1,341
- Cash -€808
down €808 (-84.3%), from €959 to €151
mainly Stocks and contracts (-€3,500) and Tax, wage and social debts (-€40)
- Other debts +€1,100
up €1,100 (+9.3%), from €11,765 to €12,865
- Other operating charges +€882
up €882 (+747.9%), from €118 to €1,000
- Gross operating margin +€786
up €786 (+147.7%), from €532 to €1,318
- Financial charges -€100
down €100 (-64.4%), from €156 to €56
- Taxes -€63
down €63 (-68.6%), from €92 to €29
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 | €21,921 | €23,309 | +€1,388 | +6.3% |
| Current assets | 29/58 | €21,921 | €23,309 | +€1,388 | +6.3% |
| Stocks and contracts in progress | 3 | €19,500 | €23,000 | +€3,500 | +17.9% |
| Contracts in progress | 37 | €19,500 | €23,000 | +€3,500 | +17.9% |
| Amounts receivable within one year | 40/41 | €1,462 | €121 | -€1,341 | -91.7% |
| Trade receivables | 40 | €121 | €121 | = | 0.0% |
| Other amounts receivable | 41 | €1,341 | - | -€1,341 | |
| Cash at bank and in hand | 54/58 | €959 | €151 | -€808 | -84.3% |
| Deferred charges and accrued income | 490/1 | - | €37 | +€37 | |
| Total equity and liabilities | 10/49 | €21,921 | €23,309 | +€1,388 | +6.3% |
| Equity | 10/15 | €9,956 | €10,188 | +€233 | +2.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,756 | €3,988 | +€233 | +6.2% |
| 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 | €1,896 | €2,128 | +€233 | +12.3% |
| Amounts payable | 17/49 | €11,965 | €13,121 | +€1,155 | +9.7% |
| Amounts payable within one year | 42/48 | €11,965 | €13,121 | +€1,155 | +9.7% |
| Trade debts | 44 | €100 | €195 | +€95 | +95.4% |
| Suppliers | 440/4 | €100 | €195 | +€95 | +95.4% |
| Taxes, remuneration and social security | 45 | €100 | €60 | -€40 | -40.0% |
| Taxes | 450/3 | €100 | €60 | -€40 | -40.0% |
| Other amounts payable | 47/48 | €11,765 | €12,865 | +€1,100 | +9.3% |
| Other operating charges | 640/8 | €118 | €1,000 | +€882 | +747.9% |
| Gross operating margin | 9900 | €532 | €1,318 | +€786 | +147.7% |
| Operating profit (loss) | 9901 | €414 | €317 | -€97 | -23.4% |
| Financial charges | 65/66B | €156 | €56 | -€100 | -64.4% |
| Recurring financial charges | 65 | €156 | €56 | -€100 | -64.4% |
| Profit (loss) for the period before taxes | 9903 | €258 | €262 | +€4 | +1.4% |
| Income taxes | 67/77 | €92 | €29 | -€63 | -68.6% |
| Profit (loss) for the period | 9904 | €166 | €233 | +€67 | +40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €166 | €233 | +€67 | +40.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.