RUGO: 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.
What changed
RUGO
NACE 47.762, Retail sale of pets, pet food and pet supplies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€21,667
2024 · €14,561-€36,229
Equity
€199,124
2024 · €220,791-€21,667
Cash
€17,462
2024 · €34,052-€16,590
Balance sheet total
€991,719
2024 · €1.1m-€95,331
Largest movements
Assets
- Tangible fixed assets -€50,069
down €50,069 (-7.3%), from €681,394 to €631,325
of which Land and buildings: -€36,055
- Cash -€16,590
down €16,590 (-48.7%), from €34,052 to €17,462
mainly Debts after one year (-€65,263) and Net result for the year (-€21,667)
- Current investments -€12,849
down €12,849 (-7.8%), from €164,390 to €151,540
Equity and liabilities
- Debts after one year -€65,263
down €65,263 (-10.7%), from €611,340 to €546,076
- Profit (loss) carried forward -€21,667
new in 2025: -€21,667
Income statement
- Gross operating margin -€48,636
down €48,636 (-19.6%), from €247,713 to €199,077
- Staff costs -€5,690
down €5,690 (-3.7%), from €155,139 to €149,450
- Taxes -€4,983
down €4,983 (-63.5%), from €7,850 to €2,867
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.
Result 2024
€14,561
Gross operating margin
-€48,636
Staff costs
+€5,690
Depreciation
-€295
Other operating charges
+€157
Other operating items
+€53
Financial income
-€387
Financial charges
+€2,207
Taxes
+€4,983
Result 2025
-€21,667
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.
From operations
+€40,026
Investment
+€7,381
Financing
-€63,997
Cash 2024
€34,052
From operations (derived)
+€40,026
Net result for the year
-€21,667
Depreciation
+€55,537
Stocks and contracts
+€8,557
Receivables within one year
+€7,117
Deferred charges and accrued income
+€148
Trade debts
-€4,829
Tax, wage and social debts
-€945
Other debts
-€3,893
Investment (derived)
+€7,381
Investment in fixed assets (net)
-€5,468
Current investments
+€12,849
Financing
-€63,997
Debts after one year
-€65,263
Current portion of long-term debt
+€1,266
Cash 2025
€17,462
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,087,050 | €991,719 | -€95,331 | -8.8% |
| Fixed assets | 21/28 | €681,894 | €631,825 | -€50,069 | -7.3% |
| Tangible fixed assets | 22/27 | €681,394 | €631,325 | -€50,069 | -7.3% |
| Land and buildings | 22 | €641,097 | €605,041 | -€36,055 | -5.6% |
| Furniture and vehicles | 24 | €34,099 | €17,679 | -€16,420 | -48.2% |
| Other tangible fixed assets | 26 | €6,198 | €8,604 | +€2,406 | +38.8% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €405,155 | €359,894 | -€45,262 | -11.2% |
| Stocks and contracts in progress | 3 | €192,394 | €183,837 | -€8,557 | -4.4% |
| Stocks | 30/36 | €192,394 | €183,837 | -€8,557 | -4.4% |
| Amounts receivable within one year | 40/41 | €10,010 | €2,893 | -€7,117 | -71.1% |
| Other amounts receivable | 41 | €10,010 | €2,893 | -€7,117 | -71.1% |
| Current investments | 50/53 | €164,390 | €151,540 | -€12,849 | -7.8% |
| Cash at bank and in hand | 54/58 | €34,052 | €17,462 | -€16,590 | -48.7% |
| Deferred charges and accrued income | 490/1 | €4,310 | €4,161 | -€148 | -3.4% |
| Total equity and liabilities | 10/49 | €1,087,050 | €991,719 | -€95,331 | -8.8% |
| Equity | 10/15 | €220,791 | €199,124 | -€21,667 | -9.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €214,591 | €214,591 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,992 | €5,992 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,992 | €5,992 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,244 | €24,244 | = | 0.0% |
| Distributable reserves | 133 | €184,355 | €184,355 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€21,667 | -€21,667 | |
| Amounts payable | 17/49 | €866,259 | €792,595 | -€73,664 | -8.5% |
| Amounts payable after more than one year | 17 | €611,340 | €546,076 | -€65,263 | -10.7% |
| Financial debts | 170/4 | €611,340 | €546,076 | -€65,263 | -10.7% |
| Amounts payable within one year | 42/48 | €254,919 | €246,518 | -€8,401 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €63,997 | €65,263 | +€1,266 | +2.0% |
| Trade debts | 44 | €41,762 | €36,933 | -€4,829 | -11.6% |
| Suppliers | 440/4 | €41,762 | €36,933 | -€4,829 | -11.6% |
| Taxes, remuneration and social security | 45 | €31,045 | €30,100 | -€945 | -3.0% |
| Taxes | 450/3 | €9,814 | €10,672 | +€858 | +8.7% |
| Remuneration and social security | 454/9 | €21,231 | €19,428 | -€1,803 | -8.5% |
| Other amounts payable | 47/48 | €118,115 | €114,222 | -€3,893 | -3.3% |
| Remuneration, social security and pensions | 62 | €155,139 | €149,450 | -€5,690 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,242 | €55,537 | +€295 | +0.5% |
| Other operating charges | 640/8 | €4,485 | €4,327 | -€157 | -3.5% |
| Non-recurring operating charges | 66A | €53 | - | -€53 | |
| Gross operating margin | 9900 | €247,713 | €199,077 | -€48,636 | -19.6% |
| Operating profit (loss) | 9901 | €32,794 | -€10,238 | -€43,031 | |
| Financial income | 75/76B | €9,970 | €9,583 | -€387 | -3.9% |
| Recurring financial income | 75 | €7,277 | €5,486 | -€1,791 | -24.6% |
| Non-recurring financial income | 76B | €2,693 | €4,097 | +€1,404 | +52.1% |
| Financial charges | 65/66B | €20,352 | €18,146 | -€2,207 | -10.8% |
| Recurring financial charges | 65 | €20,352 | €18,146 | -€2,207 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €22,411 | -€18,800 | -€41,212 | |
| Income taxes | 67/77 | €7,850 | €2,867 | -€4,983 | -63.5% |
| Profit (loss) for the period | 9904 | €14,561 | -€21,667 | -€36,229 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,561 | -€21,667 | -€36,229 |
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 6 October 2026 via checked.be.