RUITERSWEELDE: 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.
What changed
RUITERSWEELDE
NACE 47.789, Other retail sale of new goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€11,008
2024 · €94,691-€83,683
Equity
€1.1m
2024 · €302,571+€761,008
Cash
€17,222
2024 · €31,642-€14,420
Balance sheet total
€2.5m
2024 · €1.9m+€625,176
Largest movements
Assets
- Tangible fixed assets +€684,314
up €684,314 (+60.7%), from €1.1m to €1.8m
of which Land and buildings: +€692,122
- Stocks and contracts -€36,365
down €36,365 (-5.0%), from €724,863 to €688,498
Equity and liabilities
- Revaluation surpluses +€750,000
new in 2025: €750,000
- Debts after one year -€146,057
down €146,057 (-11.9%), from €1.2m to €1.1m
- Trade debts +€29,199
up €29,199 (+28.6%), from €102,142 to €131,341
Income statement
- Gross operating margin -€141,474
down €141,474 (-37.7%), from €374,857 to €233,383
- Financial charges -€27,217
down €27,217 (-38.7%), from €70,246 to €43,029
- Staff costs -€24,954
down €24,954 (-20.4%), from €122,094 to €97,141
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
€94,691
Gross operating margin
-€141,474
Staff costs
+€24,954
Depreciation
+€521
Other operating charges
+€1,216
Other operating items
+€3,562
Financial income
+€332
Financial charges
+€27,217
Taxes
-€11
Result 2025
€11,008
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€134,590
Investment
-€750,000
Financing
+€600,990
Cash 2024
€31,642
From operations (derived)
+€134,590
Net result for the year
+€11,008
Depreciation
+€66,286
Stocks and contracts
+€36,365
Receivables within one year
+€8,605
Smaller working-capital items
-€731
Trade debts
+€29,199
Tax, wage and social debts
-€19,959
Advances received
+€10,817
Other debts
-€7,000
Investment (derived)
-€750,000
Investment in fixed assets (net)
-€750,000
Financing
+€600,990
Debts after one year
-€146,057
Current portion of long-term debt
-€6,316
Short-term financial debts
+€3,364
Contributions, distributions and other
+€750,000
Cash 2025
€17,222
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,921,109 | €2,546,285 | +€625,176 | +32.5% |
| Fixed assets | 21/28 | €1,132,822 | €1,816,537 | +€683,714 | +60.4% |
| Intangible fixed assets | 21 | €2,279 | €1,679 | -€600 | -26.3% |
| Tangible fixed assets | 22/27 | €1,128,146 | €1,812,460 | +€684,314 | +60.7% |
| Land and buildings | 22 | €1,089,960 | €1,782,082 | +€692,122 | +63.5% |
| Plant, machinery and equipment | 23 | €25,164 | €518 | -€24,646 | -97.9% |
| Furniture and vehicles | 24 | €13,022 | €29,860 | +€16,838 | +129% |
| Financial fixed assets | 28 | €2,398 | €2,398 | = | 0.0% |
| Current assets | 29/58 | €788,287 | €729,749 | -€58,538 | -7.4% |
| Stocks and contracts in progress | 3 | €724,863 | €688,498 | -€36,365 | -5.0% |
| Stocks | 30/36 | €724,863 | €688,498 | -€36,365 | -5.0% |
| Amounts receivable within one year | 40/41 | €24,138 | €15,533 | -€8,605 | -35.6% |
| Trade receivables | 40 | €24,138 | €15,533 | -€8,605 | -35.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €31,642 | €17,222 | -€14,420 | -45.6% |
| Deferred charges and accrued income | 490/1 | €7,644 | €8,495 | +€852 | +11.1% |
| Total equity and liabilities | 10/49 | €1,921,109 | €2,546,285 | +€625,176 | +32.5% |
| Equity | 10/15 | €302,571 | €1,063,579 | +€761,008 | +252% |
| Contributions | 10/11 | €185,920 | €185,920 | = | 0.0% |
| Capital | 10 | €185,920 | €185,920 | = | 0.0% |
| Issued capital | 100 | €185,920 | €185,920 | = | 0.0% |
| Revaluation surpluses | 12 | - | €750,000 | +€750,000 | |
| Reserves | 13 | €116,651 | €123,592 | +€6,941 | +6.0% |
| Non-distributable reserves | 130/1 | €18,592 | €18,592 | = | 0.0% |
| Legal reserve | 130 | €18,592 | €18,592 | = | 0.0% |
| Distributable reserves | 133 | €98,059 | €105,000 | +€6,941 | +7.1% |
| Profit (loss) carried forward | 14 | €0 | €4,066 | +€4,066 | |
| Amounts payable | 17/49 | €1,618,538 | €1,482,707 | -€135,831 | -8.4% |
| Amounts payable after more than one year | 17 | €1,226,760 | €1,080,703 | -€146,057 | -11.9% |
| Financial debts | 170/4 | €1,226,760 | €1,080,703 | -€146,057 | -11.9% |
| Amounts payable within one year | 42/48 | €391,778 | €401,883 | +€10,105 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €152,373 | €146,057 | -€6,316 | -4.1% |
| Financial debts | 43 | €50,000 | €53,364 | +€3,364 | +6.7% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Other loans | 439 | - | €3,364 | +€3,364 | |
| Trade debts | 44 | €102,142 | €131,341 | +€29,199 | +28.6% |
| Suppliers | 440/4 | €102,142 | €131,341 | +€29,199 | +28.6% |
| Advances received on contracts in progress | 46 | - | €10,817 | +€10,817 | |
| Taxes, remuneration and social security | 45 | €49,762 | €29,804 | -€19,959 | -40.1% |
| Taxes | 450/3 | €20,480 | €11,987 | -€8,493 | -41.5% |
| Remuneration and social security | 454/9 | €29,283 | €17,817 | -€11,466 | -39.2% |
| Other amounts payable | 47/48 | €37,500 | €30,500 | -€7,000 | -18.7% |
| Accrued charges and deferred income | 492/3 | - | €121 | +€121 | |
| Non-recurring operating income | 76A | €139,632 | €0 | -€139,632 | -100% |
| Remuneration, social security and pensions | 62 | €122,094 | €97,141 | -€24,954 | -20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,807 | €66,286 | -€521 | -0.8% |
| Other operating charges | 640/8 | €17,149 | €15,933 | -€1,216 | -7.1% |
| Non-recurring operating charges | 66A | €3,562 | €0 | -€3,562 | -100% |
| Gross operating margin | 9900 | €374,857 | €233,383 | -€141,474 | -37.7% |
| Operating profit (loss) | 9901 | €165,245 | €54,023 | -€111,221 | -67.3% |
| Financial income | 75/76B | €68 | €400 | +€332 | +485% |
| Recurring financial income | 75 | €68 | €400 | +€332 | +485% |
| Financial charges | 65/66B | €70,246 | €43,029 | -€27,217 | -38.7% |
| Recurring financial charges | 65 | €70,246 | €43,029 | -€27,217 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €95,068 | €11,395 | -€83,673 | -88.0% |
| Income taxes | 67/77 | €376 | €387 | +€11 | +2.9% |
| Profit (loss) for the period | 9904 | €94,691 | €11,008 | -€83,683 | -88.4% |
| Profit (loss) for the period to be appropriated | 9905 | €94,691 | €11,008 | -€83,683 | -88.4% |
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 26 October 2026 via checked.be.