RUKA: 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.
RUKA
Largest movements
- Cash +€36,685
up €36,685 (+54.8%), from €66,942 to €103,627
mainly Depreciation (+€40,599) and Tax, wage and social debts (+€20,308)
- Tangible fixed assets -€26,504
down €26,504 (-4.5%), from €582,810 to €556,307
of which Plant, machinery and equipment: -€14,762
- Tax, wage and social debts +€20,308
up €20,308 (+519.4%), from €3,910 to €24,218
- Provisions -€17,895
down €17,895 (-90.6%), from €19,745 to €1,851
- Reserves +€14,347
up €14,347 (+2.9%), from €493,317 to €507,664
of which Distributable reserves: +€68,031
- Taxes +€16,478
up €16,478 (+102.0%), from €16,147 to €32,625
- Gross operating margin -€15,083
down €15,083 (-12.0%), from €125,260 to €110,177
- Other operating charges -€2,985
down €2,985 (-9.9%), from €30,270 to €27,285
- Financial charges -€2,187
down €2,187 (-9.3%), from €23,633 to €21,446
- Depreciation +€1,619
up €1,619 (+4.2%), from €38,980 to €40,599
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 | €950,490 | €960,526 | +€10,035 | +1.1% |
| Fixed assets | 21/28 | €582,810 | €556,307 | -€26,504 | -4.5% |
| Tangible fixed assets | 22/27 | €582,810 | €556,307 | -€26,504 | -4.5% |
| Land and buildings | 22 | €475,209 | €463,917 | -€11,292 | -2.4% |
| Plant, machinery and equipment | 23 | €107,152 | €92,389 | -€14,762 | -13.8% |
| Furniture and vehicles | 24 | €450 | €0 | -€450 | -100.0% |
| Current assets | 29/58 | €367,680 | €404,219 | +€36,539 | +9.9% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €66,942 | €103,627 | +€36,685 | +54.8% |
| Deferred charges and accrued income | 490/1 | €738 | €592 | -€146 | -19.8% |
| Total equity and liabilities | 10/49 | €950,490 | €960,526 | +€10,035 | +1.1% |
| Equity | 10/15 | €597,741 | €611,583 | +€13,843 | +2.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €493,317 | €507,664 | +€14,347 | +2.9% |
| Non-distributable reserves | 130/1 | €68,171 | €68,171 | = | 0.0% |
| Legal reserve | 130 | €68,171 | €68,171 | = | 0.0% |
| Tax-exempt reserves | 132 | €59,236 | €5,551 | -€53,685 | -90.6% |
| Distributable reserves | 133 | €365,910 | €433,941 | +€68,031 | +18.6% |
| Profit (loss) carried forward | 14 | €52 | €52 | = | 0.0% |
| Investment grants | 15 | €4,371 | €3,867 | -€504 | -11.5% |
| Provisions and deferred taxes | 16 | €19,745 | €1,851 | -€17,895 | -90.6% |
| Deferred taxes | 168 | €19,745 | €1,851 | -€17,895 | -90.6% |
| Amounts payable | 17/49 | €333,005 | €347,092 | +€14,088 | +4.2% |
| Amounts payable after more than one year | 17 | €300,968 | €298,650 | -€2,319 | -0.8% |
| Other amounts payable | 178/9 | €300,968 | €298,650 | -€2,319 | -0.8% |
| Amounts payable within one year | 42/48 | €4,051 | €25,368 | +€21,317 | +526.3% |
| Trade debts | 44 | €141 | €1,150 | +€1,009 | +717.9% |
| Suppliers | 440/4 | €141 | €1,150 | +€1,009 | +717.9% |
| Taxes, remuneration and social security | 45 | €3,910 | €24,218 | +€20,308 | +519.4% |
| Taxes | 450/3 | €3,910 | €24,218 | +€20,308 | +519.4% |
| Accrued charges and deferred income | 492/3 | €27,985 | €23,075 | -€4,911 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,980 | €40,599 | +€1,619 | +4.2% |
| Other operating charges | 640/8 | €30,270 | €27,285 | -€2,985 | -9.9% |
| Gross operating margin | 9900 | €125,260 | €110,177 | -€15,083 | -12.0% |
| Operating profit (loss) | 9901 | €56,010 | €42,293 | -€13,717 | -24.5% |
| Financial income | 75/76B | €7,841 | €8,230 | +€388 | +5.0% |
| Recurring financial income | 75 | €7,841 | €8,230 | +€388 | +5.0% |
| Financial charges | 65/66B | €23,633 | €21,446 | -€2,187 | -9.3% |
| Recurring financial charges | 65 | €23,633 | €21,446 | -€2,187 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €40,218 | €29,077 | -€11,141 | -27.7% |
| Transfer from deferred taxes | 780 | €2,577 | €17,895 | +€15,318 | +594.5% |
| Income taxes | 67/77 | €16,147 | €32,625 | +€16,478 | +102.0% |
| Profit (loss) for the period | 9904 | €26,648 | €14,347 | -€12,301 | -46.2% |
| Transfer from tax-exempt reserves | 789 | €7,730 | €53,685 | +€45,954 | +594.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,378 | €68,031 | +€33,654 | +97.9% |
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 5 October 2026 via checked.be.