RuKa Management & Consulting: 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.
RuKa Management & Consulting
Largest movements
- Tangible fixed assets +€63,227
up €63,227 (+20.0%), from €315,876 to €379,103
of which Furniture and vehicles: +€42,881
- Cash -€33,198
down €33,198 (-74.6%), from €44,513 to €11,315
mainly Investment in fixed assets (net) (-€83,008) and Trade debts (-€2,967)
- Receivables within one year -€14,663
down €14,663 (-47.9%), from €30,589 to €15,926
of which Trade receivables: -€16,198
- Accrued charges and deferred income +€12,284
up €12,284 (+476%), from €2,581 to €14,865
- Debts after one year +€5,408
up €5,408 (+2.3%), from €230,879 to €236,288
- Gross operating margin -€8,829
down €8,829 (-16.9%), from €52,361 to €43,532
- Depreciation +€5,667
up €5,667 (+32.9%), from €17,216 to €22,883
- Taxes -€3,577
down €3,577 (-63.0%), from €5,681 to €2,104
- Financial charges +€1,813
up €1,813 (+15.0%), from €12,105 to €13,917
- Staff costs -€1,217
down €1,217 (-27.5%), from €4,428 to €3,211
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 | €399,666 | €412,649 | +€12,982 | +3.2% |
| Fixed assets | 21/28 | €318,978 | €379,103 | +€60,125 | +18.8% |
| Intangible fixed assets | 21 | €3,102 | - | -€3,102 | |
| Tangible fixed assets | 22/27 | €315,876 | €379,103 | +€63,227 | +20.0% |
| Land and buildings | 22 | €292,269 | €312,259 | +€19,989 | +6.8% |
| Plant, machinery and equipment | 23 | €1,511 | €1,868 | +€357 | +23.6% |
| Furniture and vehicles | 24 | €22,095 | €64,976 | +€42,881 | +194% |
| Current assets | 29/58 | €80,688 | €33,545 | -€47,143 | -58.4% |
| Amounts receivable within one year | 40/41 | €30,589 | €15,926 | -€14,663 | -47.9% |
| Trade receivables | 40 | €30,353 | €14,155 | -€16,198 | -53.4% |
| Other amounts receivable | 41 | €236 | €1,771 | +€1,535 | +650% |
| Cash at bank and in hand | 54/58 | €44,513 | €11,315 | -€33,198 | -74.6% |
| Deferred charges and accrued income | 490/1 | €5,587 | €6,305 | +€718 | +12.9% |
| Total equity and liabilities | 10/49 | €399,666 | €412,649 | +€12,982 | +3.2% |
| Equity | 10/15 | €62,325 | €59,738 | -€2,588 | -4.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €56,125 | €56,125 | = | 0.0% |
| Distributable reserves | 133 | €56,125 | €56,125 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,588 | -€2,588 | |
| Amounts payable | 17/49 | €337,341 | €352,911 | +€15,570 | +4.6% |
| Amounts payable after more than one year | 17 | €230,879 | €236,288 | +€5,408 | +2.3% |
| Financial debts | 170/4 | €230,879 | €236,288 | +€5,408 | +2.3% |
| Amounts payable within one year | 42/48 | €103,880 | €101,758 | -€2,122 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €26,782 | €29,200 | +€2,418 | +9.0% |
| Trade debts | 44 | €4,333 | €1,366 | -€2,967 | -68.5% |
| Suppliers | 440/4 | €4,333 | €1,366 | -€2,967 | -68.5% |
| Taxes, remuneration and social security | 45 | €3,204 | €2,785 | -€419 | -13.1% |
| Taxes | 450/3 | €1,744 | €2,785 | +€1,041 | +59.7% |
| Remuneration and social security | 454/9 | €1,460 | - | -€1,460 | |
| Other amounts payable | 47/48 | €69,562 | €68,408 | -€1,154 | -1.7% |
| Accrued charges and deferred income | 492/3 | €2,581 | €14,865 | +€12,284 | +476% |
| Remuneration, social security and pensions | 62 | €4,428 | €3,211 | -€1,217 | -27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,216 | €22,883 | +€5,667 | +32.9% |
| Other operating charges | 640/8 | €3,760 | €4,017 | +€257 | +6.8% |
| Gross operating margin | 9900 | €52,361 | €43,532 | -€8,829 | -16.9% |
| Operating profit (loss) | 9901 | €26,957 | €13,422 | -€13,535 | -50.2% |
| Financial income | 75/76B | €0 | €11 | +€11 | +22,160% |
| Recurring financial income | 75 | €0 | €11 | +€11 | +22,160% |
| Financial charges | 65/66B | €12,105 | €13,917 | +€1,813 | +15.0% |
| Recurring financial charges | 65 | €12,105 | €13,917 | +€1,813 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €14,853 | -€484 | -€15,337 | |
| Income taxes | 67/77 | €5,681 | €2,104 | -€3,577 | -63.0% |
| Profit (loss) for the period | 9904 | €9,172 | -€2,588 | -€11,760 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,172 | -€2,588 | -€11,760 |
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 30 October 2026 via checked.be.