RuLoGi: 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.
RuLoGi
Largest movements
- Tangible fixed assets -€25,262
down €25,262 (-4.9%), from €520,622 to €495,360
of which Land and buildings: -€25,840
- Cash -€8,848
down €8,848 (-23.0%), from €38,485 to €29,636
mainly Other debts (-€25,082) and Debts after one year (-€24,565)
- Receivables within one year +€8,255
up €8,255 (+67.9%), from €12,153 to €20,408
of which Trade receivables: +€9,153
- Other debts -€25,082
down €25,082 (-100.0%), from €25,082 to €0
- Debts after one year -€24,565
down €24,565 (-5.0%), from €490,999 to €466,435
- Reserves +€17,754
new in 2025: €17,754
- Gross operating margin +€2,939
up €2,939 (+5.1%), from €57,986 to €60,924
- Financial charges -€788
down €788 (-5.1%), from €15,503 to €14,716
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 | €571,260 | €546,999 | -€24,261 | -4.2% |
| Fixed assets | 21/28 | €520,622 | €495,360 | -€25,262 | -4.9% |
| Tangible fixed assets | 22/27 | €520,622 | €495,360 | -€25,262 | -4.9% |
| Land and buildings | 22 | €519,770 | €493,930 | -€25,840 | -5.0% |
| Furniture and vehicles | 24 | €852 | €1,430 | +€578 | +67.8% |
| Current assets | 29/58 | €50,638 | €51,639 | +€1,001 | +2.0% |
| Amounts receivable within one year | 40/41 | €12,153 | €20,408 | +€8,255 | +67.9% |
| Trade receivables | 40 | €11,253 | €20,406 | +€9,153 | +81.3% |
| Other amounts receivable | 41 | €900 | €1 | -€899 | -99.9% |
| Cash at bank and in hand | 54/58 | €38,485 | €29,636 | -€8,848 | -23.0% |
| Deferred charges and accrued income | 490/1 | - | €1,595 | +€1,595 | |
| Total equity and liabilities | 10/49 | €571,260 | €546,999 | -€24,261 | -4.2% |
| Equity | 10/15 | €19,465 | €35,754 | +€16,289 | +83.7% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | - | €17,754 | +€17,754 | |
| Distributable reserves | 133 | - | €17,754 | +€17,754 | |
| Profit (loss) carried forward | 14 | €1,465 | €0 | -€1,465 | -100.0% |
| Amounts payable | 17/49 | €551,795 | €511,245 | -€40,550 | -7.3% |
| Amounts payable after more than one year | 17 | €490,999 | €466,435 | -€24,565 | -5.0% |
| Financial debts | 170/4 | €490,999 | €466,435 | -€24,565 | -5.0% |
| Amounts payable within one year | 42/48 | €57,746 | €43,666 | -€14,080 | -24.4% |
| Current portion of amounts payable after more than one year | 42 | €23,948 | €26,470 | +€2,522 | +10.5% |
| Trade debts | 44 | - | €3,452 | +€3,452 | |
| Suppliers | 440/4 | - | €3,452 | +€3,452 | |
| Taxes, remuneration and social security | 45 | €8,716 | €13,744 | +€5,027 | +57.7% |
| Taxes | 450/3 | €6,516 | €9,144 | +€2,627 | +40.3% |
| Remuneration and social security | 454/9 | €2,200 | €4,600 | +€2,400 | +109.1% |
| Other amounts payable | 47/48 | €25,082 | €0 | -€25,082 | -100.0% |
| Accrued charges and deferred income | 492/3 | €3,050 | €1,145 | -€1,905 | -62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,612 | €26,666 | +€54 | +0.2% |
| Other operating charges | 640/8 | €3,080 | €3,239 | +€160 | +5.2% |
| Gross operating margin | 9900 | €57,986 | €60,924 | +€2,939 | +5.1% |
| Operating profit (loss) | 9901 | €28,294 | €31,019 | +€2,725 | +9.6% |
| Financial charges | 65/66B | €15,503 | €14,716 | -€788 | -5.1% |
| Recurring financial charges | 65 | €15,503 | €14,716 | -€788 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €12,791 | €16,303 | +€3,512 | +27.5% |
| Income taxes | 67/77 | - | €15 | +€15 | |
| Profit (loss) for the period | 9904 | €12,791 | €16,289 | +€3,498 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,791 | €16,289 | +€3,498 | +27.3% |
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 8 October 2026 via checked.be.