RULY: 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.
RULY
Largest movements
- Receivables within one year +€35,771
up €35,771 (+35.5%), from €100,764 to €136,536
of which Trade receivables: +€50,065
- Cash +€6,581
up €6,581 (+1215.9%), from €541 to €7,122
mainly Net result for the year (+€47,040) and Trade debts (+€9,919)
- Reserves +€45,180
up €45,180 (+99.8%), from €45,291 to €90,471
- Trade debts +€9,919
up €9,919 (+207.8%), from €4,774 to €14,694
- Other debts -€9,016
down €9,016 (-77.9%), from €11,574 to €2,558
- Tax, wage and social debts -€4,907
down €4,907 (-32.2%), from €15,257 to €10,350
of which Taxes: -€4,894
- Debts after one year -€4,593
down €4,593 (-45.4%), from €10,108 to €5,515
- Gross operating margin +€36,150
up €36,150 (+96.3%), from €37,523 to €73,673
- Taxes +€8,122
up €8,122 (+123.0%), from €6,605 to €14,727
- Other operating charges +€2,052
up €2,052 (+181.0%), from €1,134 to €3,186
- Financial charges -€1,273
down €1,273 (-53.5%), from €2,382 to €1,109
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 | €121,230 | €161,841 | +€40,611 | +33.5% |
| Fixed assets | 21/28 | €19,413 | €17,848 | -€1,565 | -8.1% |
| Tangible fixed assets | 22/27 | €19,413 | €17,848 | -€1,565 | -8.1% |
| Plant, machinery and equipment | 23 | €1,064 | €717 | -€347 | -32.6% |
| Furniture and vehicles | 24 | €18,349 | €17,131 | -€1,217 | -6.6% |
| Current assets | 29/58 | €101,817 | €143,993 | +€42,176 | +41.4% |
| Amounts receivable within one year | 40/41 | €100,764 | €136,536 | +€35,771 | +35.5% |
| Trade receivables | 40 | €27,825 | €77,890 | +€50,065 | +179.9% |
| Other amounts receivable | 41 | €72,939 | €58,645 | -€14,294 | -19.6% |
| Cash at bank and in hand | 54/58 | €541 | €7,122 | +€6,581 | +1215.9% |
| Deferred charges and accrued income | 490/1 | €512 | €336 | -€176 | -34.4% |
| Total equity and liabilities | 10/49 | €121,230 | €161,841 | +€40,611 | +33.5% |
| Equity | 10/15 | €63,891 | €109,071 | +€45,180 | +70.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,291 | €90,471 | +€45,180 | +99.8% |
| Distributable reserves | 133 | €45,291 | €90,471 | +€45,180 | +99.8% |
| Amounts payable | 17/49 | €57,339 | €52,770 | -€4,569 | -8.0% |
| Amounts payable after more than one year | 17 | €10,108 | €5,515 | -€4,593 | -45.4% |
| Financial debts | 170/4 | €10,108 | €5,515 | -€4,593 | -45.4% |
| Amounts payable within one year | 42/48 | €47,231 | €47,255 | +€24 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €8,557 | €12,593 | +€4,037 | +47.2% |
| Financial debts | 43 | €7,069 | €7,060 | -€9 | -0.1% |
| Credit institutions | 430/8 | €7,069 | €7,060 | -€9 | -0.1% |
| Trade debts | 44 | €4,774 | €14,694 | +€9,919 | +207.8% |
| Suppliers | 440/4 | €4,774 | €14,694 | +€9,919 | +207.8% |
| Taxes, remuneration and social security | 45 | €15,257 | €10,350 | -€4,907 | -32.2% |
| Taxes | 450/3 | €13,007 | €8,113 | -€4,894 | -37.6% |
| Remuneration and social security | 454/9 | €2,250 | €2,237 | -€13 | -0.6% |
| Other amounts payable | 47/48 | €11,574 | €2,558 | -€9,016 | -77.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,091 | €9,208 | +€117 | +1.3% |
| Other operating charges | 640/8 | €1,134 | €3,186 | +€2,052 | +181.0% |
| Gross operating margin | 9900 | €37,523 | €73,673 | +€36,150 | +96.3% |
| Operating profit (loss) | 9901 | €27,299 | €61,280 | +€33,981 | +124.5% |
| Financial income | 75/76B | €1,473 | €1,597 | +€124 | +8.4% |
| Recurring financial income | 75 | €1,473 | €1,597 | +€124 | +8.4% |
| Financial charges | 65/66B | €2,382 | €1,109 | -€1,273 | -53.5% |
| Recurring financial charges | 65 | €2,382 | €1,109 | -€1,273 | -53.5% |
| Profit (loss) for the period before taxes | 9903 | €26,389 | €61,768 | +€35,378 | +134.1% |
| Income taxes | 67/77 | €6,605 | €14,727 | +€8,122 | +123.0% |
| Profit (loss) for the period | 9904 | €19,785 | €47,040 | +€27,256 | +137.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,785 | €47,040 | +€27,256 | +137.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.