RUGGERI: 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.
RUGGERI
Largest movements
- Tangible fixed assets -€110,716
down €110,716 (-33.1%), from €334,620 to €223,904
of which Land and buildings: -€109,729
- Receivables within one year -€6,948
down €6,948 (-33.9%), from €20,517 to €13,569
- Debts after one year -€152,480
down €152,480 (-38.2%), from €399,648 to €247,168
- Current portion of long-term debt +€35,417
up €35,417 (+54.2%), from €65,326 to €100,743
- Other debts +€33,769
up €33,769 (+73.7%), from €45,836 to €79,605
- Profit (loss) carried forward -€26,716
down €26,716 (-14.8%), from -€180,544 to -€207,260
- Trade debts -€7,864
down €7,864 (-59.1%), from €13,316 to €5,452
- Gross operating margin +€54,968
up €54,968, from -€3,223 to €51,745
- Financial charges +€32,684
up €32,684 (+1205.8%), from €2,711 to €35,395
- Other operating charges +€8,859
up €8,859 (+313.2%), from €2,828 to €11,687
- Depreciation -€7,437
down €7,437 (-24.7%), from €30,164 to €22,726
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 | €366,679 | €247,232 | -€119,447 | -32.6% |
| Fixed assets | 21/28 | €334,620 | €223,904 | -€110,716 | -33.1% |
| Tangible fixed assets | 22/27 | €334,620 | €223,904 | -€110,716 | -33.1% |
| Land and buildings | 22 | €331,798 | €222,069 | -€109,729 | -33.1% |
| Plant, machinery and equipment | 23 | €2,822 | €1,835 | -€987 | -35.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €32,058 | €23,328 | -€8,731 | -27.2% |
| Amounts receivable within one year | 40/41 | €20,517 | €13,569 | -€6,948 | -33.9% |
| Other amounts receivable | 41 | €20,517 | €13,569 | -€6,948 | -33.9% |
| Cash at bank and in hand | 54/58 | €11,541 | €9,759 | -€1,783 | -15.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €366,679 | €247,232 | -€119,447 | -32.6% |
| Equity | 10/15 | -€160,084 | -€186,800 | -€26,716 | -16.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€180,544 | -€207,260 | -€26,716 | -14.8% |
| Amounts payable | 17/49 | €526,762 | €434,031 | -€92,731 | -17.6% |
| Amounts payable after more than one year | 17 | €399,648 | €247,168 | -€152,480 | -38.2% |
| Financial debts | 170/4 | €399,648 | €247,168 | -€152,480 | -38.2% |
| Amounts payable within one year | 42/48 | €127,070 | €186,863 | +€59,793 | +47.1% |
| Current portion of amounts payable after more than one year | 42 | €65,326 | €100,743 | +€35,417 | +54.2% |
| Financial debts | 43 | - | €1,063 | +€1,063 | |
| Credit institutions | 430/8 | - | €1,063 | +€1,063 | |
| Trade debts | 44 | €13,316 | €5,452 | -€7,864 | -59.1% |
| Suppliers | 440/4 | €13,316 | €5,452 | -€7,864 | -59.1% |
| Taxes, remuneration and social security | 45 | €2,592 | €0 | -€2,592 | -100.0% |
| Taxes | 450/3 | €72 | €0 | -€72 | -100.0% |
| Remuneration and social security | 454/9 | €2,520 | €0 | -€2,520 | -100.0% |
| Other amounts payable | 47/48 | €45,836 | €79,605 | +€33,769 | +73.7% |
| Accrued charges and deferred income | 492/3 | €44 | €0 | -€44 | -100.0% |
| Non-recurring operating income | 76A | - | €80,082 | +€80,082 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,164 | €22,726 | -€7,437 | -24.7% |
| Other operating charges | 640/8 | €2,828 | €11,687 | +€8,859 | +313.2% |
| Non-recurring operating charges | 66A | €41,516 | €9,450 | -€32,066 | -77.2% |
| Gross operating margin | 9900 | -€3,223 | €51,745 | +€54,968 | |
| Operating profit (loss) | 9901 | -€77,731 | €7,881 | +€85,612 | |
| Financial income | 75/76B | €432 | €798 | +€366 | +84.8% |
| Recurring financial income | 75 | €432 | €798 | +€366 | +84.8% |
| Financial charges | 65/66B | €2,711 | €35,395 | +€32,684 | +1205.8% |
| Recurring financial charges | 65 | €2,711 | €35,395 | +€32,684 | +1205.8% |
| Profit (loss) for the period before taxes | 9903 | -€80,009 | -€26,716 | +€53,294 | +66.6% |
| Profit (loss) for the period | 9904 | -€80,009 | -€26,716 | +€53,294 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€80,009 | -€26,716 | +€53,294 | +66.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.