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RUPERT: 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

RUPERT

BE 0447.959.856
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,426
2024 · €2,384-€958
Equity
-€38,820
2024 · -€40,246+€1,426
Cash
€2,455
2024 · €2,408+€48
Balance sheet total
€61,180
2024 · €62,596-€1,416

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€4,344

    down €4,344 (-7.3%), from €59,510 to €55,166

    of which Land and buildings: -€5,798

  • Receivables within one year +€3,072

    new in 2025: €3,072

Equity and liabilities
  • Other debts -€2,780

    no longer reported in 2025 (was €2,780)

  • Profit (loss) carried forward +€1,426

    up €1,426 (+2.3%), from -€60,706 to -€59,280

Income statement
  • Other operating charges +€927

    up €927 (+163.7%), from €566 to €1,494

  • Depreciation +€134

    up €134 (+2.2%), from €6,223 to €6,357

  • Gross operating margin +€105

    up €105 (+1.1%), from €9,227 to €9,332

From the 2024 result to the 2025 result

effect on the 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 €2,384
Gross operating margin +€105
Depreciation -€134
Other operating charges -€927
Financial charges -€2
Result 2025 €1,426

Cash bridge derived

cash 2024 to 2025

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 +€2,060
Investment -€2,013
Financing €0
Cash 2024 €2,408
Net result for the year +€1,426
Depreciation +€6,357
Receivables within one year -€3,072
Deferred charges and accrued income +€192
Trade debts -€62
Other debts -€2,780
Investment in fixed assets (net) -€2,013
Cash 2025 €2,455
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €62,596 €61,180 -€1,416 -2.3%
Fixed assets 21/28 €59,510 €55,166 -€4,344 -7.3%
Tangible fixed assets 22/27 €59,510 €55,166 -€4,344 -7.3%
Land and buildings 22 €56,645 €50,847 -€5,798 -10.2%
Plant, machinery and equipment 23 €2,865 €4,319 +€1,454 +50.8%
Current assets 29/58 €3,086 €6,014 +€2,927 +94.9%
Amounts receivable within one year 40/41 - €3,072 +€3,072
Other amounts receivable 41 - €3,072 +€3,072
Cash at bank and in hand 54/58 €2,408 €2,455 +€48 +2.0%
Deferred charges and accrued income 490/1 €678 €487 -€192 -28.3%
Total equity and liabilities 10/49 €62,596 €61,180 -€1,416 -2.3%
Equity 10/15 -€40,246 -€38,820 +€1,426 +3.5%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 -€60,706 -€59,280 +€1,426 +2.3%
Amounts payable 17/49 €102,842 €100,000 -€2,842 -2.8%
Amounts payable after more than one year 17 €100,000 €100,000 = 0.0%
Financial debts 170/4 €100,000 €100,000 = 0.0%
Amounts payable within one year 42/48 €2,842 - -€2,842
Trade debts 44 €62 - -€62
Suppliers 440/4 €62 - -€62
Other amounts payable 47/48 €2,780 - -€2,780
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,223 €6,357 +€134 +2.2%
Other operating charges 640/8 €566 €1,494 +€927 +163.7%
Gross operating margin 9900 €9,227 €9,332 +€105 +1.1%
Operating profit (loss) 9901 €2,438 €1,481 -€957 -39.3%
Financial charges 65/66B €54 €55 +€2 +2.8%
Recurring financial charges 65 €54 €55 +€2 +2.8%
Profit (loss) for the period before taxes 9903 €2,384 €1,426 -€958 -40.2%
Profit (loss) for the period 9904 €2,384 €1,426 -€958 -40.2%
Profit (loss) for the period to be appropriated 9905 €2,384 €1,426 -€958 -40.2%

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 30 September 2026 via checked.be.