RuJa: 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.
RuJa
Largest movements
- Cash +€33,693
up €33,693 (+144.1%), from €23,382 to €57,074
mainly Net result for the year (+€13,974) and Investment in fixed assets (net) (+€12,000)
- Tangible fixed assets -€15,305
down €15,305 (-67.8%), from €22,576 to €7,270
of which Land and buildings: -€12,345
- Receivables within one year -€2,034
down €2,034 (-11.0%), from €18,409 to €16,375
of which Trade receivables: -€9,824
- Reserves +€13,974
up €13,974 (+38.6%), from €36,189 to €50,163
- Other debts +€9,261
up €9,261 (+109.5%), from €8,455 to €17,716
- Trade debts -€5,646
down €5,646 (-96.2%), from €5,870 to €223
- Tax, wage and social debts -€2,925
down €2,925 (-26.9%), from €10,853 to €7,928
of which Taxes: -€5,059
- Current portion of long-term debt +€1,689
new in 2025: €1,689
- Gross operating margin -€19,812
down €19,812 (-46.2%), from €42,910 to €23,098
- Taxes -€5,338
down €5,338 (-50.9%), from €10,492 to €5,154
- Depreciation -€1,501
down €1,501 (-31.2%), from €4,806 to €3,305
- Other operating charges -€570
down €570 (-50.4%), from €1,129 to €560
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 | €64,366 | €80,719 | +€16,353 | +25.4% |
| Fixed assets | 21/28 | €22,576 | €7,270 | -€15,305 | -67.8% |
| Tangible fixed assets | 22/27 | €22,576 | €7,270 | -€15,305 | -67.8% |
| Land and buildings | 22 | €19,616 | €7,270 | -€12,345 | -62.9% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €2,960 | €0 | -€2,960 | -100.0% |
| Current assets | 29/58 | €41,791 | €73,449 | +€31,658 | +75.8% |
| Amounts receivable within one year | 40/41 | €18,409 | €16,375 | -€2,034 | -11.0% |
| Trade receivables | 40 | €18,409 | €8,585 | -€9,824 | -53.4% |
| Other amounts receivable | 41 | - | €7,790 | +€7,790 | |
| Cash at bank and in hand | 54/58 | €23,382 | €57,074 | +€33,693 | +144.1% |
| Total equity and liabilities | 10/49 | €64,366 | €80,719 | +€16,353 | +25.4% |
| Equity | 10/15 | €39,189 | €53,163 | +€13,974 | +35.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €36,189 | €50,163 | +€13,974 | +38.6% |
| Distributable reserves | 133 | €36,189 | €50,163 | +€13,974 | +38.6% |
| Amounts payable | 17/49 | €25,177 | €27,557 | +€2,379 | +9.5% |
| Amounts payable within one year | 42/48 | €25,177 | €27,557 | +€2,379 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | - | €1,689 | +€1,689 | |
| Trade debts | 44 | €5,870 | €223 | -€5,646 | -96.2% |
| Suppliers | 440/4 | €5,870 | €223 | -€5,646 | -96.2% |
| Taxes, remuneration and social security | 45 | €10,853 | €7,928 | -€2,925 | -26.9% |
| Taxes | 450/3 | €10,853 | €5,794 | -€5,059 | -46.6% |
| Remuneration and social security | 454/9 | - | €2,134 | +€2,134 | |
| Other amounts payable | 47/48 | €8,455 | €17,716 | +€9,261 | +109.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,806 | €3,305 | -€1,501 | -31.2% |
| Other operating charges | 640/8 | €1,129 | €560 | -€570 | -50.4% |
| Gross operating margin | 9900 | €42,910 | €23,098 | -€19,812 | -46.2% |
| Operating profit (loss) | 9901 | €36,974 | €19,233 | -€17,742 | -48.0% |
| Financial income | 75/76B | - | €146 | +€146 | |
| Recurring financial income | 75 | - | €146 | +€146 | |
| Financial charges | 65/66B | €112 | €250 | +€138 | +122.9% |
| Recurring financial charges | 65 | €112 | €250 | +€138 | +122.9% |
| Profit (loss) for the period before taxes | 9903 | €36,862 | €19,128 | -€17,734 | -48.1% |
| Income taxes | 67/77 | €10,492 | €5,154 | -€5,338 | -50.9% |
| Profit (loss) for the period | 9904 | €26,370 | €13,974 | -€12,396 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,370 | €13,974 | -€12,396 | -47.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.