RUFIA: 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.
RUFIA
Largest movements
- Stocks and contracts +€11,568
new in 2023: €11,568
- Cash -€9,287
down €9,287 (-33.3%), from €27,853 to €18,566
mainly Stocks and contracts (-€11,568) and Trade debts (-€7,906)
- Tangible fixed assets +€3,371
up €3,371 (+424.6%), from €794 to €4,165
of which Plant, machinery and equipment: +€3,531
- Receivables within one year -€1,128
no longer reported in 2023 (was €1,128)
- Profit (loss) carried forward +€10,420
up €10,420 (+124.3%), from €8,380 to €18,800
- Trade debts -€7,906
down €7,906 (-76.5%), from €10,337 to €2,431
- Other debts +€2,768
new in 2023: €2,768
- Tax, wage and social debts -€758
down €758 (-13.9%), from €5,454 to €4,696
of which Taxes: -€922
- Purchases and services -€24,308
down €24,308 (-19.6%), from €123,770 to €99,462
- Turnover -€11,773
down €11,773 (-9.3%), from €126,301 to €114,528
- Gross operating margin +€8,535
up €8,535 (+130.7%), from €6,531 to €15,066
- Staff costs +€2,614
new in 2023: €2,614
- Taxes -€1,583
no longer reported in 2023 (was €1,583)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,775 | €34,299 | +€4,524 | +15.2% |
| Fixed assets | 21/28 | €794 | €4,165 | +€3,371 | +424.6% |
| Tangible fixed assets | 22/27 | €794 | €4,165 | +€3,371 | +424.6% |
| Plant, machinery and equipment | 23 | - | €3,531 | +€3,531 | |
| Furniture and vehicles | 24 | €794 | €634 | -€160 | -20.2% |
| Current assets | 29/58 | €28,981 | €30,134 | +€1,153 | +4.0% |
| Stocks and contracts in progress | 3 | - | €11,568 | +€11,568 | |
| Stocks | 30/36 | - | €11,568 | +€11,568 | |
| Amounts receivable within one year | 40/41 | €1,128 | - | -€1,128 | |
| Other amounts receivable | 41 | €1,128 | - | -€1,128 | |
| Cash at bank and in hand | 54/58 | €27,853 | €18,566 | -€9,287 | -33.3% |
| Total equity and liabilities | 10/49 | €29,775 | €34,299 | +€4,524 | +15.2% |
| Equity | 10/15 | €13,984 | €24,404 | +€10,420 | +74.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Share premium | 1100/10 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €604 | €604 | = | 0.0% |
| Non-distributable reserves | 130/1 | €604 | €604 | = | 0.0% |
| Legal reserve | 130 | €604 | €604 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,380 | €18,800 | +€10,420 | +124.3% |
| Amounts payable | 17/49 | €15,791 | €9,895 | -€5,896 | -37.3% |
| Amounts payable within one year | 42/48 | €15,791 | €9,895 | -€5,896 | -37.3% |
| Trade debts | 44 | €10,337 | €2,431 | -€7,906 | -76.5% |
| Suppliers | 440/4 | €10,337 | €2,431 | -€7,906 | -76.5% |
| Taxes, remuneration and social security | 45 | €5,454 | €4,696 | -€758 | -13.9% |
| Taxes | 450/3 | €5,454 | €4,532 | -€922 | -16.9% |
| Remuneration and social security | 454/9 | - | €164 | +€164 | |
| Other amounts payable | 47/48 | - | €2,768 | +€2,768 | |
| Turnover | 70 | €126,301 | €114,528 | -€11,773 | -9.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €123,770 | €99,462 | -€24,308 | -19.6% |
| Remuneration, social security and pensions | 62 | - | €2,614 | +€2,614 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6 | €1,579 | +€1,573 | +26216.7% |
| Other operating charges | 640/8 | - | €347 | +€347 | |
| Gross operating margin | 9900 | €6,531 | €15,066 | +€8,535 | +130.7% |
| Operating profit (loss) | 9901 | €6,525 | €10,526 | +€4,001 | +61.3% |
| Financial charges | 65/66B | €122 | €106 | -€16 | -13.1% |
| Recurring financial charges | 65 | €122 | €106 | -€16 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €6,403 | €10,420 | +€4,017 | +62.7% |
| Income taxes | 67/77 | €1,583 | - | -€1,583 | |
| Profit (loss) for the period | 9904 | €4,820 | €10,420 | +€5,600 | +116.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,820 | €10,420 | +€5,600 | +116.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.