RUFLEON IMAGIN: 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.
RUFLEON IMAGIN
Largest movements
- Tangible fixed assets +€12,382
up €12,382 (+264%), from €4,681 to €17,064
of which Assets under construction and advance payments: +€13,500
- Cash +€2,695
up €2,695 (+353%), from €762 to €3,457
mainly Net result for the year (+€9,401) and Tax, wage and social debts (+€3,503)
- Deferred charges and accrued income -€738
down €738 (-25.7%), from €2,876 to €2,138
- Receivables within one year +€662
up €662 (+11.4%), from €5,785 to €6,447
of which Trade receivables: +€662
- Profit (loss) carried forward +€9,401
up €9,401 (+104%), from €9,013 to €18,414
- Tax, wage and social debts +€3,503
up €3,503 (+233%), from €1,504 to €5,008
- Accrued charges and deferred income +€2,572
up €2,572 (+2,288%), from €112 to €2,685
- Trade debts -€476
no longer reported in 2025 (was €476)
- Gross operating margin +€6,780
up €6,780 (+90.1%), from €7,528 to €14,308
- Taxes +€2,005
up €2,005 (+134%), from €1,498 to €3,503
- Depreciation +€273
up €273 (+32.2%), from €845 to €1,118
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 | €14,106 | €29,106 | +€15,000 | +106% |
| Fixed assets | 21/28 | €4,681 | €17,064 | +€12,382 | +264% |
| Tangible fixed assets | 22/27 | €4,681 | €17,064 | +€12,382 | +264% |
| Plant, machinery and equipment | 23 | €4,681 | €3,564 | -€1,118 | -23.9% |
| Assets under construction and advance payments | 27 | - | €13,500 | +€13,500 | |
| Current assets | 29/58 | €9,424 | €12,042 | +€2,618 | +27.8% |
| Amounts receivable within one year | 40/41 | €5,785 | €6,447 | +€662 | +11.4% |
| Trade receivables | 40 | €4,370 | €5,031 | +€662 | +15.1% |
| Other amounts receivable | 41 | €1,416 | €1,416 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €762 | €3,457 | +€2,695 | +353% |
| Deferred charges and accrued income | 490/1 | €2,876 | €2,138 | -€738 | -25.7% |
| Total equity and liabilities | 10/49 | €14,106 | €29,106 | +€15,000 | +106% |
| Equity | 10/15 | €12,013 | €21,414 | +€9,401 | +78.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,013 | €18,414 | +€9,401 | +104% |
| Amounts payable | 17/49 | €2,093 | €7,692 | +€5,600 | +268% |
| Amounts payable within one year | 42/48 | €1,980 | €5,008 | +€3,027 | +153% |
| Trade debts | 44 | €476 | - | -€476 | |
| Suppliers | 440/4 | €476 | - | -€476 | |
| Taxes, remuneration and social security | 45 | €1,504 | €5,008 | +€3,503 | +233% |
| Taxes | 450/3 | €1,504 | €5,008 | +€3,503 | +233% |
| Accrued charges and deferred income | 492/3 | €112 | €2,685 | +€2,572 | +2,288% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €845 | €1,118 | +€273 | +32.2% |
| Other operating charges | 640/8 | €179 | €188 | +€9 | +5.0% |
| Gross operating margin | 9900 | €7,528 | €14,308 | +€6,780 | +90.1% |
| Operating profit (loss) | 9901 | €6,504 | €13,002 | +€6,498 | +99.9% |
| Financial income | 75/76B | €23 | €30 | +€7 | +31.5% |
| Recurring financial income | 75 | €23 | €30 | +€7 | +31.5% |
| Financial charges | 65/66B | €58 | €129 | +€70 | +120% |
| Recurring financial charges | 65 | €58 | €129 | +€70 | +120% |
| Profit (loss) for the period before taxes | 9903 | €6,469 | €12,904 | +€6,435 | +99.5% |
| Income taxes | 67/77 | €1,498 | €3,503 | +€2,005 | +134% |
| Profit (loss) for the period | 9904 | €4,970 | €9,401 | +€4,430 | +89.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,970 | €9,401 | +€4,430 | +89.1% |
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 21 October 2026 via checked.be.