RUMCO: 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.
What changed
RUMCO
NACE 47.830, Retail sale of motorcycles and motorcycle parts and accessories
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€63,513
2024 · €93,935-€30,422
Equity
€698,802
2024 · €733,729-€34,927
Cash
€59,905
2024 · €151,631-€91,726
Balance sheet total
€1.2m
2024 · €1.2m-€65,596
Largest movements
Assets
- Cash -€91,726
down €91,726 (-60.5%), from €151,631 to €59,905
mainly Contributions, distributions and other (-€98,440) and Investment in fixed assets (net) (-€73,492)
- Receivables within one year +€24,282
up €24,282 (+49.6%), from €48,944 to €73,226
of which Trade receivables: +€12,672
Equity and liabilities
- Debts after one year -€35,420
down €35,420 (-11.3%), from €312,327 to €276,907
- Reserves -€34,927
down €34,927 (-5.0%), from €704,823 to €669,897
of which Distributable reserves: -€21,436
- Trade debts +€12,243
up €12,243 (+268.6%), from €4,559 to €16,802
Income statement
- Write-downs +€36,300
new in 2025: €36,300
- Taxes -€9,041
down €9,041 (-19.3%), from €46,844 to €37,803
- Depreciation +€5,664
up €5,664 (+9.8%), from €58,000 to €63,664
- Gross operating margin +€4,179
up €4,179 (+1.8%), from €234,185 to €238,365
- Staff costs +€3,428
up €3,428 (+21.2%), from €16,144 to €19,572
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.
Result 2024
€93,935
Gross operating margin
+€4,179
Staff costs
-€3,428
Depreciation
-€5,664
Write-downs
-€36,300
Other operating charges
-€1,184
Financial income
+€748
Financial charges
+€2,186
Taxes
+€9,041
Result 2025
€63,513
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.
From operations
+€123,032
Investment
-€73,492
Financing
-€141,265
Cash 2024
€151,631
From operations (derived)
+€123,032
Net result for the year
+€63,513
Depreciation
+€63,664
Receivables after one year
+€6,300
Stocks and contracts
+€1,573
Receivables within one year
-€24,282
Smaller working-capital items
+€177
Provisions
-€3,373
Trade debts
+€12,243
Other debts
+€3,216
Investment (derived)
-€73,492
Investment in fixed assets (net)
-€73,492
Financing
-€141,265
Debts after one year
-€35,420
Current portion of long-term debt
-€6,897
Short-term financial debts
-€509
Contributions, distributions and other
-€98,440
Cash 2025
€59,905
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,219,264 | €1,153,669 | -€65,596 | -5.4% |
| Fixed assets | 21/28 | €969,282 | €979,110 | +€9,828 | +1.0% |
| Intangible fixed assets | 21 | €681 | €73 | -€608 | -89.3% |
| Tangible fixed assets | 22/27 | €968,036 | €978,472 | +€10,436 | +1.1% |
| Land and buildings | 22 | €886,534 | €861,187 | -€25,347 | -2.9% |
| Plant, machinery and equipment | 23 | €15,043 | €56,589 | +€41,547 | +276.2% |
| Furniture and vehicles | 24 | €64,972 | €60,696 | -€4,276 | -6.6% |
| Other tangible fixed assets | 26 | €1,487 | - | -€1,487 | |
| Financial fixed assets | 28 | €565 | €565 | = | 0.0% |
| Current assets | 29/58 | €249,982 | €174,559 | -€75,423 | -30.2% |
| Amounts receivable after more than one year | 29 | €36,300 | €30,000 | -€6,300 | -17.4% |
| Other amounts receivable | 291 | €36,300 | €30,000 | -€6,300 | -17.4% |
| Stocks and contracts in progress | 3 | €9,018 | €7,445 | -€1,573 | -17.4% |
| Stocks | 30/36 | €9,018 | €7,445 | -€1,573 | -17.4% |
| Amounts receivable within one year | 40/41 | €48,944 | €73,226 | +€24,282 | +49.6% |
| Trade receivables | 40 | €37,448 | €50,120 | +€12,672 | +33.8% |
| Other amounts receivable | 41 | €11,496 | €23,106 | +€11,610 | +101.0% |
| Cash at bank and in hand | 54/58 | €151,631 | €59,905 | -€91,726 | -60.5% |
| Deferred charges and accrued income | 490/1 | €4,089 | €3,982 | -€107 | -2.6% |
| Total equity and liabilities | 10/49 | €1,219,264 | €1,153,669 | -€65,596 | -5.4% |
| Equity | 10/15 | €733,729 | €698,802 | -€34,927 | -4.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €704,823 | €669,897 | -€34,927 | -5.0% |
| Tax-exempt reserves | 132 | €376,769 | €363,279 | -€13,490 | -3.6% |
| Distributable reserves | 133 | €328,054 | €306,618 | -€21,436 | -6.5% |
| Profit (loss) carried forward | 14 | €8,906 | €8,906 | = | 0.0% |
| Provisions and deferred taxes | 16 | €94,192 | €90,820 | -€3,373 | -3.6% |
| Deferred taxes | 168 | €94,192 | €90,820 | -€3,373 | -3.6% |
| Amounts payable | 17/49 | €391,343 | €364,047 | -€27,296 | -7.0% |
| Amounts payable after more than one year | 17 | €312,327 | €276,907 | -€35,420 | -11.3% |
| Financial debts | 170/4 | €312,327 | €276,907 | -€35,420 | -11.3% |
| Amounts payable within one year | 42/48 | €79,016 | €87,140 | +€8,124 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €42,317 | €35,420 | -€6,897 | -16.3% |
| Financial debts | 43 | €3,571 | €3,062 | -€509 | -14.3% |
| Credit institutions | 430/8 | €3,571 | €3,062 | -€509 | -14.3% |
| Trade debts | 44 | €4,559 | €16,802 | +€12,243 | +268.6% |
| Suppliers | 440/4 | €4,559 | €16,802 | +€12,243 | +268.6% |
| Taxes, remuneration and social security | 45 | €3,449 | €3,519 | +€70 | +2.0% |
| Taxes | 450/3 | €1,893 | €1,844 | -€50 | -2.6% |
| Remuneration and social security | 454/9 | €1,556 | €1,675 | +€120 | +7.7% |
| Other amounts payable | 47/48 | €25,121 | €28,336 | +€3,216 | +12.8% |
| Remuneration, social security and pensions | 62 | €16,144 | €19,572 | +€3,428 | +21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,000 | €63,664 | +€5,664 | +9.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €36,300 | +€36,300 | |
| Other operating charges | 640/8 | €6,841 | €8,025 | +€1,184 | +17.3% |
| Gross operating margin | 9900 | €234,185 | €238,365 | +€4,179 | +1.8% |
| Operating profit (loss) | 9901 | €153,200 | €110,803 | -€42,397 | -27.7% |
| Financial income | 75/76B | €526 | €1,273 | +€748 | +142.2% |
| Recurring financial income | 75 | €526 | €1,273 | +€748 | +142.2% |
| Financial charges | 65/66B | €16,319 | €14,133 | -€2,186 | -13.4% |
| Recurring financial charges | 65 | €16,319 | €14,133 | -€2,186 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €137,407 | €97,944 | -€39,463 | -28.7% |
| Transfer from deferred taxes | 780 | €3,373 | €3,373 | = | 0.0% |
| Income taxes | 67/77 | €46,844 | €37,803 | -€9,041 | -19.3% |
| Profit (loss) for the period | 9904 | €93,935 | €63,513 | -€30,422 | -32.4% |
| Transfer from tax-exempt reserves | 789 | €13,490 | €13,490 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €107,426 | €77,004 | -€30,422 | -28.3% |
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 30 September 2026 via checked.be.