RUITOR: 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.
RUITOR
Largest movements
- Cash +€44,992
up €44,992 (+159%), from €28,344 to €73,336
mainly Net result for the year (+€88,271) and Depreciation (+€6,925)
- Receivables within one year +€21,785
up €21,785 (+117%), from €18,630 to €40,415
- Tangible fixed assets -€6,925
down €6,925 (-22.7%), from €30,556 to €23,632
of which Furniture and vehicles: -€6,384
- Profit (loss) carried forward +€61,271
up €61,271 (+123%), from €49,630 to €110,901
- Gross operating margin +€86,394
up €86,394 (+427%), from €20,217 to €106,611
- Financial charges -€64,343
down €64,343 (-99.5%), from €64,641 to €298
- Taxes +€10,679
up €10,679 (+27,752%), from €38 to €10,718
- Depreciation +€3,341
up €3,341 (+93.2%), from €3,584 to €6,925
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 | €99,990 | €160,178 | +€60,188 | +60.2% |
| Fixed assets | 21/28 | €30,606 | €23,682 | -€6,925 | -22.6% |
| Tangible fixed assets | 22/27 | €30,556 | €23,632 | -€6,925 | -22.7% |
| Furniture and vehicles | 24 | €25,699 | €19,314 | -€6,384 | -24.8% |
| Other tangible fixed assets | 26 | €4,858 | €4,317 | -€541 | -11.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €69,384 | €136,496 | +€67,113 | +96.7% |
| Amounts receivable within one year | 40/41 | €18,630 | €40,415 | +€21,785 | +117% |
| Other amounts receivable | 41 | €18,630 | €40,415 | +€21,785 | +117% |
| Cash at bank and in hand | 54/58 | €28,344 | €73,336 | +€44,992 | +159% |
| Deferred charges and accrued income | 490/1 | €22,409 | €22,745 | +€336 | +1.5% |
| Total equity and liabilities | 10/49 | €99,990 | €160,178 | +€60,188 | +60.2% |
| Equity | 10/15 | €93,408 | €154,679 | +€61,271 | +65.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €43,278 | €43,278 | = | 0.0% |
| Distributable reserves | 133 | €43,278 | €43,278 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,630 | €110,901 | +€61,271 | +123% |
| Amounts payable | 17/49 | €6,582 | €5,499 | -€1,083 | -16.4% |
| Amounts payable within one year | 42/48 | €6,582 | €5,499 | -€1,083 | -16.4% |
| Trade debts | 44 | €1,043 | €448 | -€595 | -57.1% |
| Suppliers | 440/4 | €1,043 | €448 | -€595 | -57.1% |
| Taxes, remuneration and social security | 45 | €5,538 | €5,051 | -€487 | -8.8% |
| Taxes | 450/3 | €5,538 | €5,051 | -€487 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,584 | €6,925 | +€3,341 | +93.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €20,217 | €106,611 | +€86,394 | +427% |
| Operating profit (loss) | 9901 | €16,246 | €99,286 | +€83,040 | +511% |
| Financial charges | 65/66B | €64,641 | €298 | -€64,343 | -99.5% |
| Recurring financial charges | 65 | €64,641 | €298 | -€64,343 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | -€48,395 | €98,988 | +€147,383 | |
| Income taxes | 67/77 | €38 | €10,718 | +€10,679 | +27,752% |
| Profit (loss) for the period | 9904 | -€48,433 | €88,271 | +€136,704 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,433 | €88,271 | +€136,704 |
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 28 October 2026 via checked.be.