RULAU: 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.
RULAU
Largest movements
- Cash +€11,666
up €11,666 (+402.9%), from €2,895 to €14,561
mainly Debts after one year (+€9,956) and Net result for the year (+€5,926)
- Receivables within one year -€2,593
down €2,593 (-35.0%), from €7,397 to €4,804
of which Trade receivables: -€2,566
- Debts after one year +€9,956
new in 2025: €9,956
- Other debts -€8,154
no longer reported in 2025 (was €8,154)
- Profit (loss) carried forward +€5,926
up €5,926 (+62.5%), from €9,488 to €15,414
- Current portion of long-term debt +€2,903
new in 2025: €2,903
- Tax, wage and social debts -€943
down €943 (-16.2%), from €5,826 to €4,883
of which Remuneration and social security: -€2,732
- Gross operating margin +€13,696
up €13,696 (+49.3%), from €27,758 to €41,454
- Staff costs +€8,047
up €8,047 (+35.7%), from €22,568 to €30,616
- Taxes +€1,656
up €1,656 (+83.2%), from €1,992 to €3,648
- Financial charges +€794
up €794 (+320.0%), from €248 to €1,042
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 | €29,292 | €38,540 | +€9,248 | +31.6% |
| Fixed assets | 21/28 | - | €174 | +€174 | |
| Tangible fixed assets | 22/27 | - | €174 | +€174 | |
| Plant, machinery and equipment | 23 | - | €174 | +€174 | |
| Current assets | 29/58 | €29,292 | €38,365 | +€9,073 | +31.0% |
| Amounts receivable after more than one year | 29 | €19,000 | €19,000 | = | 0.0% |
| Other amounts receivable | 291 | €19,000 | €19,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,397 | €4,804 | -€2,593 | -35.0% |
| Trade receivables | 40 | €6,622 | €4,056 | -€2,566 | -38.7% |
| Other amounts receivable | 41 | €775 | €748 | -€27 | -3.5% |
| Cash at bank and in hand | 54/58 | €2,895 | €14,561 | +€11,666 | +402.9% |
| Total equity and liabilities | 10/49 | €29,292 | €38,540 | +€9,248 | +31.6% |
| Equity | 10/15 | €13,488 | €19,414 | +€5,926 | +43.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,488 | €15,414 | +€5,926 | +62.5% |
| Amounts payable | 17/49 | €15,804 | €19,126 | +€3,322 | +21.0% |
| Amounts payable after more than one year | 17 | - | €9,956 | +€9,956 | |
| Financial debts | 170/4 | - | €9,956 | +€9,956 | |
| Amounts payable within one year | 42/48 | €15,804 | €9,170 | -€6,635 | -42.0% |
| Current portion of amounts payable after more than one year | 42 | - | €2,903 | +€2,903 | |
| Trade debts | 44 | €1,824 | €1,383 | -€440 | -24.1% |
| Suppliers | 440/4 | €1,824 | €1,383 | -€440 | -24.1% |
| Taxes, remuneration and social security | 45 | €5,826 | €4,883 | -€943 | -16.2% |
| Taxes | 450/3 | €2,873 | €4,662 | +€1,789 | +62.3% |
| Remuneration and social security | 454/9 | €2,953 | €221 | -€2,732 | -92.5% |
| Other amounts payable | 47/48 | €8,154 | - | -€8,154 | |
| Remuneration, social security and pensions | 62 | €22,568 | €30,616 | +€8,047 | +35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €37 | +€37 | |
| Other operating charges | 640/8 | - | €215 | +€215 | |
| Gross operating margin | 9900 | €27,758 | €41,454 | +€13,696 | +49.3% |
| Operating profit (loss) | 9901 | €5,190 | €10,587 | +€5,397 | +104.0% |
| Financial income | 75/76B | - | €29 | +€29 | |
| Recurring financial income | 75 | - | €29 | +€29 | |
| Financial charges | 65/66B | €248 | €1,042 | +€794 | +320.0% |
| Recurring financial charges | 65 | €248 | €1,042 | +€794 | +320.0% |
| Profit (loss) for the period before taxes | 9903 | €4,942 | €9,574 | +€4,632 | +93.7% |
| Income taxes | 67/77 | €1,992 | €3,648 | +€1,656 | +83.2% |
| Profit (loss) for the period | 9904 | €2,950 | €5,926 | +€2,976 | +100.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,950 | €5,926 | +€2,976 | +100.9% |
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 11 October 2026 via checked.be.