RUL: 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.
RUL
Largest movements
- Tangible fixed assets -€7,245
down €7,245 (-5.3%), from €137,204 to €129,959
- Debts after one year -€12,238
down €12,238 (-14.7%), from €83,017 to €70,779
- Other debts +€4,878
up €4,878 (+6.9%), from €70,740 to €75,618
- Gross operating margin +€1,555
up €1,555 (+12.1%), from €12,870 to €14,425
- Financial charges -€371
down €371 (-7.6%), from €4,862 to €4,490
- Other operating charges -€206
down €206 (-8.2%), from €2,502 to €2,296
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 | €138,161 | €130,453 | -€7,707 | -5.6% |
| Fixed assets | 21/28 | €137,204 | €129,959 | -€7,245 | -5.3% |
| Tangible fixed assets | 22/27 | €137,204 | €129,959 | -€7,245 | -5.3% |
| Land and buildings | 22 | €137,204 | €129,959 | -€7,245 | -5.3% |
| Current assets | 29/58 | €957 | €494 | -€462 | -48.3% |
| Cash at bank and in hand | 54/58 | €520 | €52 | -€468 | -89.9% |
| Deferred charges and accrued income | 490/1 | €437 | €442 | +€5 | +1.2% |
| Total equity and liabilities | 10/49 | €138,161 | €130,453 | -€7,707 | -5.6% |
| Equity | 10/15 | -€39,204 | -€38,811 | +€394 | +1.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,204 | -€63,811 | +€394 | +0.6% |
| Amounts payable | 17/49 | €177,365 | €169,264 | -€8,101 | -4.6% |
| Amounts payable after more than one year | 17 | €83,017 | €70,779 | -€12,238 | -14.7% |
| Financial debts | 170/4 | €83,017 | €70,779 | -€12,238 | -14.7% |
| Amounts payable within one year | 42/48 | €93,960 | €98,085 | +€4,125 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €11,667 | €12,238 | +€571 | +4.9% |
| Trade debts | 44 | €11,553 | €10,229 | -€1,325 | -11.5% |
| Suppliers | 440/4 | €11,553 | €10,229 | -€1,325 | -11.5% |
| Other amounts payable | 47/48 | €70,740 | €75,618 | +€4,878 | +6.9% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,245 | €7,245 | = | 0.0% |
| Other operating charges | 640/8 | €2,502 | €2,296 | -€206 | -8.2% |
| Gross operating margin | 9900 | €12,870 | €14,425 | +€1,555 | +12.1% |
| Operating profit (loss) | 9901 | €3,123 | €4,884 | +€1,761 | +56.4% |
| Financial charges | 65/66B | €4,862 | €4,490 | -€371 | -7.6% |
| Recurring financial charges | 65 | €4,862 | €4,490 | -€371 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,739 | €394 | +€2,132 | |
| Profit (loss) for the period | 9904 | -€1,739 | €394 | +€2,132 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,739 | €394 | +€2,132 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.