RUMAT: 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.
RUMAT
Largest movements
- Cash +€186,377
up €186,377 (+27.1%), from €686,983 to €873,360
mainly Depreciation (+€176,567) and Net result for the year (+€168,067)
- Tangible fixed assets +€35,634
up €35,634 (+2.9%), from €1.2m to €1.3m
of which Furniture and vehicles: +€128,742
- Trade debts +€156,387
up €156,387 (+184.2%), from €84,891 to €241,279
- Reserves +€55,886
up €55,886 (+3.7%), from €1.5m to €1.6m
of which Distributable reserves: +€55,886
- Gross operating margin +€59,091
up €59,091 (+6.9%), from €853,864 to €912,955
- Taxes +€19,520
up €19,520 (+33.7%), from €57,894 to €77,413
- Staff costs -€19,046
down €19,046 (-4.1%), from €469,004 to €449,958
- Depreciation +€16,573
up €16,573 (+10.4%), from €159,994 to €176,567
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 | €2,292,145 | €2,489,730 | +€197,586 | +8.6% |
| Fixed assets | 21/28 | €1,249,367 | €1,285,000 | +€35,634 | +2.9% |
| Tangible fixed assets | 22/27 | €1,248,995 | €1,284,628 | +€35,634 | +2.9% |
| Land and buildings | 22 | €844,750 | €810,882 | -€33,868 | -4.0% |
| Plant, machinery and equipment | 23 | €286,933 | €227,692 | -€59,241 | -20.6% |
| Furniture and vehicles | 24 | €117,312 | €246,054 | +€128,742 | +109.7% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €1,042,778 | €1,204,730 | +€161,952 | +15.5% |
| Stocks and contracts in progress | 3 | €166,911 | €160,410 | -€6,501 | -3.9% |
| Stocks | 30/36 | €166,911 | €160,410 | -€6,501 | -3.9% |
| Amounts receivable within one year | 40/41 | €173,486 | €155,989 | -€17,497 | -10.1% |
| Trade receivables | 40 | €116,969 | €95,577 | -€21,392 | -18.3% |
| Other amounts receivable | 41 | €56,518 | €60,413 | +€3,895 | +6.9% |
| Cash at bank and in hand | 54/58 | €686,983 | €873,360 | +€186,377 | +27.1% |
| Deferred charges and accrued income | 490/1 | €15,397 | €14,971 | -€427 | -2.8% |
| Total equity and liabilities | 10/49 | €2,292,145 | €2,489,730 | +€197,586 | +8.6% |
| Equity | 10/15 | €1,675,396 | €1,731,282 | +€55,886 | +3.3% |
| Contributions | 10/11 | €161,131 | €161,131 | = | 0.0% |
| Capital | 10 | €161,131 | €161,131 | = | 0.0% |
| Issued capital | 100 | €161,131 | €161,131 | = | 0.0% |
| Reserves | 13 | €1,514,265 | €1,570,151 | +€55,886 | +3.7% |
| Non-distributable reserves | 130/1 | €16,113 | €16,113 | = | 0.0% |
| Legal reserve | 130 | €16,113 | €16,113 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,630 | €17,630 | = | 0.0% |
| Distributable reserves | 133 | €1,480,522 | €1,536,408 | +€55,886 | +3.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €616,749 | €758,449 | +€141,700 | +23.0% |
| Amounts payable within one year | 42/48 | €581,955 | €725,130 | +€143,175 | +24.6% |
| Trade debts | 44 | €84,891 | €241,279 | +€156,387 | +184.2% |
| Suppliers | 440/4 | €84,891 | €241,279 | +€156,387 | +184.2% |
| Taxes, remuneration and social security | 45 | €97,064 | €80,520 | -€16,544 | -17.0% |
| Taxes | 450/3 | €41,511 | €31,213 | -€10,297 | -24.8% |
| Remuneration and social security | 454/9 | €55,553 | €49,306 | -€6,247 | -11.2% |
| Other amounts payable | 47/48 | €400,000 | €403,332 | +€3,332 | +0.8% |
| Accrued charges and deferred income | 492/3 | €34,794 | €33,318 | -€1,475 | -4.2% |
| Non-recurring operating income | 76A | - | €13,832 | +€13,832 | |
| Remuneration, social security and pensions | 62 | €469,004 | €449,958 | -€19,046 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,994 | €176,567 | +€16,573 | +10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,667 | +€6,667 | |
| Other operating charges | 640/8 | €17,175 | €16,667 | -€507 | -3.0% |
| Gross operating margin | 9900 | €853,864 | €912,955 | +€59,091 | +6.9% |
| Operating profit (loss) | 9901 | €207,691 | €263,097 | +€55,405 | +26.7% |
| Financial income | 75/76B | €14,878 | €15,333 | +€455 | +3.1% |
| Recurring financial income | 75 | €14,878 | €15,333 | +€455 | +3.1% |
| Financial charges | 65/66B | €36,766 | €32,949 | -€3,817 | -10.4% |
| Recurring financial charges | 65 | €36,766 | €32,949 | -€3,817 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €185,803 | €245,481 | +€59,677 | +32.1% |
| Income taxes | 67/77 | €57,894 | €77,413 | +€19,520 | +33.7% |
| Profit (loss) for the period | 9904 | €127,910 | €168,067 | +€40,158 | +31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €127,910 | €168,067 | +€40,158 | +31.4% |
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 3 October 2026 via checked.be.