RUMA: 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.
RUMA
Largest movements
- Current investments +€820,000
up €820,000 (+103%), from €800,000 to €1.6m
- Cash -€383,293
down €383,293 (-71.2%), from €538,216 to €154,923
mainly Current investments (-€820,000) and Trade debts (-€3,267)
- Receivables within one year -€27,128
down €27,128 (-96.8%), from €28,036 to €908
of which Other amounts receivable: -€14,121
- Reserves +€393,000
up €393,000 (+38.6%), from €1.0m to €1.4m
- Gross operating margin +€113,027
up €113,027 (+28.7%), from €393,658 to €506,685
- Taxes +€31,287
up €31,287 (+31.3%), from €100,034 to €131,321
- Financial income +€15,736
up €15,736 (+107%), from €14,665 to €30,401
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 | €1,367,497 | €1,778,332 | +€410,834 | +30.0% |
| Fixed assets | 21/28 | €1,114 | €1,518 | +€404 | +36.2% |
| Tangible fixed assets | 22/27 | €1,114 | €1,518 | +€404 | +36.2% |
| Plant, machinery and equipment | 23 | €1,114 | €1,518 | +€404 | +36.2% |
| Current assets | 29/58 | €1,366,383 | €1,776,814 | +€410,431 | +30.0% |
| Amounts receivable after more than one year | 29 | - | €643 | +€643 | |
| Trade receivables | 290 | - | €643 | +€643 | |
| Amounts receivable within one year | 40/41 | €28,036 | €908 | -€27,128 | -96.8% |
| Trade receivables | 40 | €13,915 | €908 | -€13,008 | -93.5% |
| Other amounts receivable | 41 | €14,121 | - | -€14,121 | |
| Current investments | 50/53 | €800,000 | €1,620,000 | +€820,000 | +103% |
| Cash at bank and in hand | 54/58 | €538,216 | €154,923 | -€383,293 | -71.2% |
| Deferred charges and accrued income | 490/1 | €131 | €340 | +€209 | +159% |
| Total equity and liabilities | 10/49 | €1,367,497 | €1,778,332 | +€410,834 | +30.0% |
| Equity | 10/15 | €1,020,239 | €1,413,648 | +€393,409 | +38.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,017,000 | €1,410,000 | +€393,000 | +38.6% |
| Distributable reserves | 133 | €1,017,000 | €1,410,000 | +€393,000 | +38.6% |
| Profit (loss) carried forward | 14 | €239 | €648 | +€409 | +171% |
| Amounts payable | 17/49 | €347,259 | €364,684 | +€17,426 | +5.0% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €139,473 | €154,877 | +€15,404 | +11.0% |
| Trade debts | 44 | €3,267 | €0 | -€3,267 | -100% |
| Suppliers | 440/4 | €3,267 | €0 | -€3,267 | -100% |
| Taxes, remuneration and social security | 45 | - | €16,853 | +€16,853 | |
| Taxes | 450/3 | - | €16,853 | +€16,853 | |
| Other amounts payable | 47/48 | €136,206 | €138,025 | +€1,819 | +1.3% |
| Accrued charges and deferred income | 492/3 | €7,785 | €9,807 | +€2,022 | +26.0% |
| Remuneration, social security and pensions | 62 | - | €305 | +€305 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €330 | €694 | +€364 | +110% |
| Other operating charges | 640/8 | €534 | €1,148 | +€614 | +115% |
| Gross operating margin | 9900 | €393,658 | €506,685 | +€113,027 | +28.7% |
| Operating profit (loss) | 9901 | €392,794 | €504,538 | +€111,744 | +28.4% |
| Financial income | 75/76B | €14,665 | €30,401 | +€15,736 | +107% |
| Recurring financial income | 75 | €14,665 | €30,401 | +€15,736 | +107% |
| Financial charges | 65/66B | €7,859 | €10,210 | +€2,351 | +29.9% |
| Recurring financial charges | 65 | €7,859 | €10,210 | +€2,351 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | €399,600 | €524,730 | +€125,129 | +31.3% |
| Income taxes | 67/77 | €100,034 | €131,321 | +€31,287 | +31.3% |
| Profit (loss) for the period | 9904 | €299,566 | €393,409 | +€93,842 | +31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €299,566 | €393,409 | +€93,842 | +31.3% |
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 13 October 2026 via checked.be.