RUPSJE: 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.
RUPSJE
Largest movements
- Cash +€48,246
up €48,246 (+292%), from €16,540 to €64,785
mainly Tax, wage and social debts (+€48,588) and Net result for the year (+€46,743)
- Tangible fixed assets +€13,694
up €13,694 (+50.6%), from €27,087 to €40,781
of which Other tangible fixed assets: +€14,328
- Receivables within one year +€11,795
up €11,795 (+17.4%), from €67,977 to €79,772
of which Trade receivables: +€9,160
- Deferred charges and accrued income +€3,621
up €3,621 (+29.9%), from €12,113 to €15,733
- Tax, wage and social debts +€48,588
up €48,588 (+107%), from €45,219 to €93,807
of which Remuneration and social security: +€30,541
- Profit (loss) carried forward +€46,743
up €46,743 (+148%), from €31,630 to €78,373
- Trade debts -€18,978
down €18,978 (-46.3%), from €40,955 to €21,977
- Staff costs +€204,026
up €204,026 (+63.2%), from €322,787 to €526,813
- Gross operating margin +€188,193
up €188,193 (+44.8%), from €420,027 to €608,220
- Taxes +€18,296
up €18,296 (+2,000%), from €915 to €19,211
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 | €170,112 | €247,467 | +€77,355 | +45.5% |
| Fixed assets | 21/28 | €31,387 | €45,081 | +€13,694 | +43.6% |
| Tangible fixed assets | 22/27 | €27,087 | €40,781 | +€13,694 | +50.6% |
| Plant, machinery and equipment | 23 | €1,317 | €321 | -€996 | -75.6% |
| Furniture and vehicles | 24 | €1,260 | €1,622 | +€362 | +28.7% |
| Other tangible fixed assets | 26 | €24,510 | €38,838 | +€14,328 | +58.5% |
| Financial fixed assets | 28 | €4,300 | €4,300 | = | 0.0% |
| Current assets | 29/58 | €138,725 | €202,386 | +€63,661 | +45.9% |
| Amounts receivable after more than one year | 29 | €42,096 | €42,096 | = | 0.0% |
| Other amounts receivable | 291 | €42,096 | €42,096 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €67,977 | €79,772 | +€11,795 | +17.4% |
| Trade receivables | 40 | €30,288 | €39,449 | +€9,160 | +30.2% |
| Other amounts receivable | 41 | €37,689 | €40,324 | +€2,635 | +7.0% |
| Cash at bank and in hand | 54/58 | €16,540 | €64,785 | +€48,246 | +292% |
| Deferred charges and accrued income | 490/1 | €12,113 | €15,733 | +€3,621 | +29.9% |
| Total equity and liabilities | 10/49 | €170,112 | €247,467 | +€77,355 | +45.5% |
| Equity | 10/15 | €80,856 | €127,599 | +€46,743 | +57.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €43,027 | €43,027 | = | 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% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €22,417 | €22,417 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,630 | €78,373 | +€46,743 | +148% |
| Amounts payable | 17/49 | €89,256 | €119,868 | +€30,612 | +34.3% |
| Amounts payable within one year | 42/48 | €89,256 | €118,075 | +€28,819 | +32.3% |
| Trade debts | 44 | €40,955 | €21,977 | -€18,978 | -46.3% |
| Suppliers | 440/4 | €40,955 | €21,977 | -€18,978 | -46.3% |
| Taxes, remuneration and social security | 45 | €45,219 | €93,807 | +€48,588 | +107% |
| Taxes | 450/3 | €915 | €18,961 | +€18,047 | +1,973% |
| Remuneration and social security | 454/9 | €44,304 | €74,845 | +€30,541 | +68.9% |
| Other amounts payable | 47/48 | €3,082 | €2,291 | -€791 | -25.7% |
| Accrued charges and deferred income | 492/3 | - | €1,793 | +€1,793 | |
| Remuneration, social security and pensions | 62 | €322,787 | €526,813 | +€204,026 | +63.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,959 | €13,523 | +€2,564 | +23.4% |
| Other operating charges | 640/8 | €3,198 | €2,967 | -€232 | -7.2% |
| Gross operating margin | 9900 | €420,027 | €608,220 | +€188,193 | +44.8% |
| Operating profit (loss) | 9901 | €83,082 | €64,917 | -€18,166 | -21.9% |
| Financial income | 75/76B | €1,986 | €1,718 | -€267 | -13.5% |
| Recurring financial income | 75 | €1,986 | €1,718 | -€267 | -13.5% |
| Financial charges | 65/66B | €1,023 | €681 | -€341 | -33.4% |
| Recurring financial charges | 65 | €1,023 | €681 | -€341 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €84,045 | €65,954 | -€18,092 | -21.5% |
| Income taxes | 67/77 | €915 | €19,211 | +€18,296 | +2,000% |
| Profit (loss) for the period | 9904 | €83,131 | €46,743 | -€36,387 | -43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €83,131 | €46,743 | -€36,387 | -43.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.