Rulo Service: 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.
Rulo Service
Largest movements
- Tangible fixed assets +€230,388
up €230,388 (+12.4%), from €1.9m to €2.1m
of which Furniture and vehicles: +€296,621
- Cash +€62,713
up €62,713 (+91.9%), from €68,242 to €130,955
mainly Depreciation (+€314,862) and Other debts (+€112,042)
- Receivables within one year -€55,435
down €55,435 (-25.6%), from €216,945 to €161,510
of which Trade receivables: -€77,163
- Other debts +€112,042
up €112,042 (+75.6%), from €148,241 to €260,283
- Debts after one year +€109,961
up €109,961 (+8.5%), from €1.3m to €1.4m
- Current portion of long-term debt +€80,162
up €80,162 (+45.1%), from €177,708 to €257,870
- Reserves -€64,514
down €64,514 (-17.7%), from €364,787 to €300,273
of which Distributable reserves: -€63,164
- Depreciation +€107,288
up €107,288 (+51.7%), from €207,574 to €314,862
- Gross operating margin +€81,042
up €81,042 (+17.5%), from €462,593 to €543,635
- Staff costs +€41,517
up €41,517 (+99.8%), from €41,615 to €83,132
- Taxes -€28,637
down €28,637 (-79.5%), from €36,000 to €7,363
- Financial charges +€13,429
up €13,429 (+32.2%), from €41,683 to €55,112
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 | €2,147,918 | €2,382,663 | +€234,745 | +10.9% |
| Fixed assets | 21/28 | €1,859,810 | €2,090,198 | +€230,388 | +12.4% |
| Tangible fixed assets | 22/27 | €1,859,810 | €2,090,198 | +€230,388 | +12.4% |
| Land and buildings | 22 | €884,042 | €848,898 | -€35,144 | -4.0% |
| Plant, machinery and equipment | 23 | €330,603 | €299,514 | -€31,089 | -9.4% |
| Furniture and vehicles | 24 | €645,165 | €941,786 | +€296,621 | +46.0% |
| Current assets | 29/58 | €288,108 | €292,465 | +€4,357 | +1.5% |
| Amounts receivable within one year | 40/41 | €216,945 | €161,510 | -€55,435 | -25.6% |
| Trade receivables | 40 | €214,125 | €136,962 | -€77,163 | -36.0% |
| Other amounts receivable | 41 | €2,820 | €24,548 | +€21,728 | +770% |
| Cash at bank and in hand | 54/58 | €68,242 | €130,955 | +€62,713 | +91.9% |
| Deferred charges and accrued income | 490/1 | €2,921 | - | -€2,921 | |
| Total equity and liabilities | 10/49 | €2,147,918 | €2,382,663 | +€234,745 | +10.9% |
| Equity | 10/15 | €419,682 | €355,168 | -€64,514 | -15.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €36,295 | €36,295 | = | 0.0% |
| Reserves | 13 | €364,787 | €300,273 | -€64,514 | -17.7% |
| Tax-exempt reserves | 132 | €6,138 | €4,788 | -€1,350 | -22.0% |
| Distributable reserves | 133 | €358,649 | €295,485 | -€63,164 | -17.6% |
| Provisions and deferred taxes | 16 | €2,046 | €1,596 | -€450 | -22.0% |
| Deferred taxes | 168 | €2,046 | €1,596 | -€450 | -22.0% |
| Amounts payable | 17/49 | €1,726,190 | €2,025,899 | +€299,709 | +17.4% |
| Amounts payable after more than one year | 17 | €1,299,002 | €1,408,963 | +€109,961 | +8.5% |
| Financial debts | 170/4 | €1,299,002 | €1,408,963 | +€109,961 | +8.5% |
| Amounts payable within one year | 42/48 | €418,173 | €606,318 | +€188,145 | +45.0% |
| Current portion of amounts payable after more than one year | 42 | €177,708 | €257,870 | +€80,162 | +45.1% |
| Financial debts | 43 | - | €12,602 | +€12,602 | |
| Other loans | 439 | - | €12,602 | +€12,602 | |
| Trade debts | 44 | €39,056 | €40,802 | +€1,746 | +4.5% |
| Suppliers | 440/4 | €39,056 | €40,802 | +€1,746 | +4.5% |
| Taxes, remuneration and social security | 45 | €53,168 | €34,761 | -€18,407 | -34.6% |
| Taxes | 450/3 | €45,283 | €28,519 | -€16,764 | -37.0% |
| Remuneration and social security | 454/9 | €7,885 | €6,242 | -€1,643 | -20.8% |
| Other amounts payable | 47/48 | €148,241 | €260,283 | +€112,042 | +75.6% |
| Accrued charges and deferred income | 492/3 | €9,015 | €10,618 | +€1,603 | +17.8% |
| Remuneration, social security and pensions | 62 | €41,615 | €83,132 | +€41,517 | +99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €207,574 | €314,862 | +€107,288 | +51.7% |
| Other operating charges | 640/8 | €6,656 | €11,421 | +€4,765 | +71.6% |
| Gross operating margin | 9900 | €462,593 | €543,635 | +€81,042 | +17.5% |
| Operating profit (loss) | 9901 | €206,748 | €134,220 | -€72,528 | -35.1% |
| Financial income | 75/76B | €419 | €115 | -€304 | -72.6% |
| Recurring financial income | 75 | €419 | €115 | -€304 | -72.6% |
| Financial charges | 65/66B | €41,683 | €55,112 | +€13,429 | +32.2% |
| Recurring financial charges | 65 | €41,683 | €55,112 | +€13,429 | +32.2% |
| Profit (loss) for the period before taxes | 9903 | €165,484 | €79,223 | -€86,261 | -52.1% |
| Transfer from deferred taxes | 780 | €204 | €450 | +€246 | +121% |
| Transfer to deferred taxes | 680 | €2,250 | - | -€2,250 | |
| Income taxes | 67/77 | €36,000 | €7,363 | -€28,637 | -79.5% |
| Profit (loss) for the period | 9904 | €127,438 | €72,310 | -€55,128 | -43.3% |
| Transfer from tax-exempt reserves | 789 | €612 | €1,350 | +€738 | +121% |
| Transfer to tax-exempt reserves | 689 | €6,750 | - | -€6,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €121,300 | €73,660 | -€47,640 | -39.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.