RULACO: 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.
RULACO
Largest movements
- Receivables within one year -€4,379
down €4,379 (-17.9%), from €24,429 to €20,050
of which Other amounts receivable: -€2,879
- Cash +€1,240
up €1,240 (+6632.4%), from €19 to €1,259
mainly Receivables within one year (+€4,379) and Short-term financial debts (+€3,490)
- Tangible fixed assets -€545
down €545 (-13.2%), from €4,118 to €3,574
of which Plant, machinery and equipment: -€689
- Trade debts -€4,209
down €4,209 (-57.8%), from €7,278 to €3,070
- Short-term financial debts +€3,490
up €3,490 (+510.7%), from €683 to €4,173
- Tax, wage and social debts -€1,671
down €1,671 (-56.3%), from €2,970 to €1,299
- Profit (loss) carried forward -€1,294
down €1,294 (-48.8%), from -€2,648 to -€3,942
- Financial charges +€2,060
up €2,060 (+174.7%), from €1,179 to €3,239
- Gross operating margin +€1,565
up €1,565 (+27.6%), from €5,673 to €7,238
- Depreciation +€735
up €735 (+52.6%), from €1,397 to €2,133
- Taxes +€708
up €708 (+119.9%), from €591 to €1,299
- Other operating charges -€162
down €162 (-8.0%), from €2,022 to €1,860
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 | €28,566 | €24,883 | -€3,683 | -12.9% |
| Fixed assets | 21/28 | €4,118 | €3,574 | -€545 | -13.2% |
| Tangible fixed assets | 22/27 | €4,118 | €3,574 | -€545 | -13.2% |
| Land and buildings | 22 | €1,157 | €495 | -€662 | -57.2% |
| Plant, machinery and equipment | 23 | €2,067 | €1,378 | -€689 | -33.3% |
| Furniture and vehicles | 24 | €895 | €1,701 | +€806 | +90.1% |
| Current assets | 29/58 | €24,447 | €21,309 | -€3,139 | -12.8% |
| Amounts receivable within one year | 40/41 | €24,429 | €20,050 | -€4,379 | -17.9% |
| Trade receivables | 40 | €1,500 | €0 | -€1,500 | -100.0% |
| Other amounts receivable | 41 | €22,929 | €20,050 | -€2,879 | -12.6% |
| Cash at bank and in hand | 54/58 | €19 | €1,259 | +€1,240 | +6632.4% |
| Total equity and liabilities | 10/49 | €28,566 | €24,883 | -€3,683 | -12.9% |
| Equity | 10/15 | €17,634 | €16,340 | -€1,294 | -7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,682 | €1,682 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,682 | €1,682 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,682 | €1,682 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,648 | -€3,942 | -€1,294 | -48.8% |
| Amounts payable | 17/49 | €10,932 | €8,542 | -€2,390 | -21.9% |
| Amounts payable within one year | 42/48 | €10,932 | €8,542 | -€2,390 | -21.9% |
| Financial debts | 43 | €683 | €4,173 | +€3,490 | +510.7% |
| Credit institutions | 430/8 | €683 | €4,173 | +€3,490 | +510.7% |
| Trade debts | 44 | €7,278 | €3,070 | -€4,209 | -57.8% |
| Suppliers | 440/4 | €7,278 | €3,070 | -€4,209 | -57.8% |
| Taxes, remuneration and social security | 45 | €2,970 | €1,299 | -€1,671 | -56.3% |
| Taxes | 450/3 | €2,970 | €1,299 | -€1,671 | -56.3% |
| Non-recurring operating income | 76A | €9,767 | €3,371 | -€6,396 | -65.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,397 | €2,133 | +€735 | +52.6% |
| Other operating charges | 640/8 | €2,022 | €1,860 | -€162 | -8.0% |
| Gross operating margin | 9900 | €5,673 | €7,238 | +€1,565 | +27.6% |
| Operating profit (loss) | 9901 | €2,254 | €3,245 | +€992 | +44.0% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.8% |
| Financial charges | 65/66B | €1,179 | €3,239 | +€2,060 | +174.7% |
| Recurring financial charges | 65 | €1,179 | €3,239 | +€2,060 | +174.7% |
| Profit (loss) for the period before taxes | 9903 | €1,079 | €6 | -€1,074 | -99.5% |
| Income taxes | 67/77 | €591 | €1,299 | +€708 | +119.9% |
| Profit (loss) for the period | 9904 | €488 | -€1,294 | -€1,782 | |
| Profit (loss) for the period to be appropriated | 9905 | €488 | -€1,294 | -€1,782 |
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 30 September 2026 via checked.be.