RUMCO: 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.
RUMCO
Largest movements
- Financial fixed assets +€2.1m
up €2.1m, from €0 to €2.1m
- Receivables after one year -€1.1m
down €1.1m (-11.6%), from €9.4m to €8.3m
- Reserves +€577,730
up €577,730 (+11.1%), from €5.2m to €5.8m
of which Distributable reserves: +€575,731
- Profit (loss) carried forward +€356,450
up €356,450 (+11.3%), from €3.2m to €3.5m
- Debts after one year +€217,997
new in 2025: €217,997
- Tax, wage and social debts -€175,757
down €175,757 (-99.9%), from €175,900 to €143
- Financial charges -€23,137
down €23,137 (-96.7%), from €23,934 to €797
- Taxes +€3,756
up €3,756, from €0 to €3,756
- Gross operating margin -€3,173
down €3,173 (-17.1%), from -€18,540 to -€21,713
- Other operating charges -€2,526
down €2,526 (-66.1%), from €3,819 to €1,293
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 | €9,366,482 | €10,362,718 | +€996,236 | +10.6% |
| Fixed assets | 21/28 | €0 | €2,083,614 | +€2.1m | |
| Financial fixed assets | 28 | €0 | €2,083,614 | +€2.1m | |
| Current assets | 29/58 | €9,366,482 | €8,279,104 | -€1.1m | -11.6% |
| Amounts receivable after more than one year | 29 | €9,363,801 | €8,278,381 | -€1.1m | -11.6% |
| Other amounts receivable | 291 | €9,363,801 | €8,278,381 | -€1.1m | -11.6% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,681 | €723 | -€1,958 | -73.0% |
| Total equity and liabilities | 10/49 | €9,366,482 | €10,362,718 | +€996,236 | +10.6% |
| Equity | 10/15 | €8,397,792 | €9,351,973 | +€954,181 | +11.4% |
| Contributions | 10/11 | €33,366 | €53,366 | +€20,000 | +59.9% |
| Reserves | 13 | €5,198,155 | €5,775,885 | +€577,730 | +11.1% |
| Non-distributable reserves | 130/1 | - | €2,000 | +€2,000 | |
| Reserves not available under the articles | 1311 | - | €2,000 | +€2,000 | |
| Tax-exempt reserves | 132 | €2,418,356 | €2,418,356 | +€0 | 0.0% |
| Distributable reserves | 133 | €2,779,799 | €3,355,530 | +€575,731 | +20.7% |
| Profit (loss) carried forward | 14 | €3,166,271 | €3,522,721 | +€356,450 | +11.3% |
| Provisions and deferred taxes | 16 | €787,369 | €787,369 | +€0 | 0.0% |
| Deferred taxes | 168 | €787,369 | €787,369 | +€0 | 0.0% |
| Amounts payable | 17/49 | €181,321 | €223,377 | +€42,056 | +23.2% |
| Amounts payable after more than one year | 17 | - | €217,997 | +€217,997 | |
| Financial debts | 170/4 | - | €217,997 | +€217,997 | |
| Amounts payable within one year | 42/48 | €179,562 | €5,379 | -€174,183 | -97.0% |
| Trade debts | 44 | €3,662 | €5,236 | +€1,574 | +43.0% |
| Suppliers | 440/4 | €3,662 | €5,236 | +€1,574 | +43.0% |
| Taxes, remuneration and social security | 45 | €175,900 | €143 | -€175,757 | -99.9% |
| Taxes | 450/3 | €175,900 | €143 | -€175,757 | -99.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,759 | €0 | -€1,759 | -100% |
| Other operating charges | 640/8 | €3,819 | €1,293 | -€2,526 | -66.1% |
| Non-recurring operating charges | 66A | - | €400,000 | +€400,000 | |
| Gross operating margin | 9900 | -€18,540 | -€21,713 | -€3,173 | -17.1% |
| Operating profit (loss) | 9901 | -€22,360 | -€423,006 | -€400,646 | -1,792% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €23,934 | €797 | -€23,137 | -96.7% |
| Recurring financial charges | 65 | €23,934 | €797 | -€23,137 | -96.7% |
| Profit (loss) for the period before taxes | 9903 | -€46,294 | -€423,803 | -€377,509 | -815% |
| Transfer from deferred taxes | 780 | €28,733 | €0 | -€28,733 | -100% |
| Income taxes | 67/77 | €0 | €3,756 | +€3,756 | |
| Profit (loss) for the period | 9904 | -€17,560 | -€427,559 | -€409,999 | -2,335% |
| Transfer from tax-exempt reserves | 789 | €86,200 | €0 | -€86,200 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €68,640 | -€427,559 | -€496,199 |
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 14 October 2026 via checked.be.