RUMADE: 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.
RUMADE
Largest movements
- Current investments +€141,910
up €141,910 (+24.9%), from €569,112 to €711,022
- Reserves +€111,189
up €111,189 (+9.1%), from €1.2m to €1.3m
of which Distributable reserves: +€111,189
- Tax, wage and social debts +€22,942
up €22,942 (+80.1%), from €28,656 to €51,598
- Financial income -€69,788
down €69,788 (-85.2%), from €81,909 to €12,121
- Gross operating margin +€53,337
up €53,337 (+47.0%), from €113,421 to €166,757
- Depreciation +€10,040
up €10,040, from €0 to €10,040
- Taxes -€6,765
down €6,765 (-11.4%), from €59,096 to €52,331
- Financial charges +€1,910
up €1,910 (+110.8%), from €1,724 to €3,634
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 | €2,127,873 | €2,261,647 | +€133,774 | +6.3% |
| Fixed assets | 21/28 | €1,478,177 | €1,468,137 | -€10,040 | -0.7% |
| Tangible fixed assets | 22/27 | €1,478,177 | €1,468,137 | -€10,040 | -0.7% |
| Land and buildings | 22 | €1,478,177 | €1,468,137 | -€10,040 | -0.7% |
| Current assets | 29/58 | €649,696 | €793,511 | +€143,814 | +22.1% |
| Amounts receivable within one year | 40/41 | €34,336 | €34,336 | = | 0.0% |
| Other amounts receivable | 41 | €34,336 | €34,336 | = | 0.0% |
| Current investments | 50/53 | €569,112 | €711,022 | +€141,910 | +24.9% |
| Cash at bank and in hand | 54/58 | €46,248 | €48,152 | +€1,904 | +4.1% |
| Total equity and liabilities | 10/49 | €2,127,873 | €2,261,647 | +€133,774 | +6.3% |
| Equity | 10/15 | €2,087,709 | €2,198,898 | +€111,189 | +5.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €800,000 | €800,000 | = | 0.0% |
| Reserves | 13 | €1,225,709 | €1,336,898 | +€111,189 | +9.1% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €1,205,709 | €1,316,898 | +€111,189 | +9.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €40,164 | €62,750 | +€22,586 | +56.2% |
| Amounts payable within one year | 42/48 | €40,164 | €62,750 | +€22,586 | +56.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €8,792 | €8,754 | -€38 | -0.4% |
| Credit institutions | 430/8 | €8,792 | €8,754 | -€38 | -0.4% |
| Trade debts | 44 | €421 | €104 | -€317 | -75.4% |
| Suppliers | 440/4 | €421 | €104 | -€317 | -75.4% |
| Taxes, remuneration and social security | 45 | €28,656 | €51,598 | +€22,942 | +80.1% |
| Taxes | 450/3 | €28,656 | €51,598 | +€22,942 | +80.1% |
| Other amounts payable | 47/48 | €2,294 | €2,294 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €10,040 | +€10,040 | |
| Other operating charges | 640/8 | €1,802 | €1,685 | -€118 | -6.5% |
| Gross operating margin | 9900 | €113,421 | €166,757 | +€53,337 | +47.0% |
| Operating profit (loss) | 9901 | €111,618 | €155,032 | +€43,414 | +38.9% |
| Financial income | 75/76B | €81,909 | €12,121 | -€69,788 | -85.2% |
| Recurring financial income | 75 | €81,909 | €12,121 | -€69,788 | -85.2% |
| Financial charges | 65/66B | €1,724 | €3,634 | +€1,910 | +110.8% |
| Recurring financial charges | 65 | €1,724 | €3,634 | +€1,910 | +110.8% |
| Profit (loss) for the period before taxes | 9903 | €191,803 | €163,519 | -€28,284 | -14.7% |
| Income taxes | 67/77 | €59,096 | €52,331 | -€6,765 | -11.4% |
| Profit (loss) for the period | 9904 | €132,707 | €111,189 | -€21,519 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €132,707 | €111,189 | -€21,519 | -16.2% |
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 29 September 2026 via checked.be.