RUQUINA: 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.
RUQUINA
Largest movements
- Cash +€1,125
up €1,125 (+260%), from €432 to €1,557
mainly Receivables within one year (+€771) and Stocks and contracts (+€654)
- Receivables within one year -€771
down €771 (-7.4%), from €10,441 to €9,670
of which Other amounts receivable: -€788
- Stocks and contracts -€654
down €654 (-100%), from €654 to €0
of which Contracts in progress: -€570
- Trade debts -€456
down €456 (-86.6%), from €526 to €70
- Profit (loss) carried forward +€178
up €178 (+7.4%), from -€2,420 to -€2,242
- Gross operating margin -€690
down €690 (-17.0%), from €4,053 to €3,363
- Taxes -€482
down €482 (-66.2%), from €729 to €247
- Financial charges +€147
up €147 (+5.6%), from €2,604 to €2,751
- Other operating charges -€99
down €99 (-13.4%), from €742 to €642
- Financial income -€77
down €77 (-14.6%), from €533 to €455
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 | €11,577 | €11,277 | -€300 | -2.6% |
| Fixed assets | 21/28 | €50 | €50 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €11,527 | €11,227 | -€300 | -2.6% |
| Stocks and contracts in progress | 3 | €654 | €0 | -€654 | -100% |
| Stocks | 30/36 | €84 | €0 | -€84 | -100% |
| Contracts in progress | 37 | €570 | €0 | -€570 | -100% |
| Amounts receivable within one year | 40/41 | €10,441 | €9,670 | -€771 | -7.4% |
| Trade receivables | 40 | €1,303 | €1,319 | +€17 | +1.3% |
| Other amounts receivable | 41 | €9,139 | €8,351 | -€788 | -8.6% |
| Cash at bank and in hand | 54/58 | €432 | €1,557 | +€1,125 | +260% |
| Total equity and liabilities | 10/49 | €11,577 | €11,277 | -€300 | -2.6% |
| Equity | 10/15 | €10,299 | €10,477 | +€178 | +1.7% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €6,513 | €6,513 | = | 0.0% |
| Distributable reserves | 133 | €6,513 | €6,513 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,420 | -€2,242 | +€178 | +7.4% |
| Amounts payable | 17/49 | €1,279 | €801 | -€478 | -37.4% |
| Amounts payable within one year | 42/48 | €1,279 | €801 | -€478 | -37.4% |
| Trade debts | 44 | €526 | €70 | -€456 | -86.6% |
| Suppliers | 440/4 | €526 | €70 | -€456 | -86.6% |
| Taxes, remuneration and social security | 45 | €753 | €731 | -€22 | -2.9% |
| Taxes | 450/3 | €753 | €731 | -€22 | -2.9% |
| Other operating charges | 640/8 | €742 | €642 | -€99 | -13.4% |
| Gross operating margin | 9900 | €4,053 | €3,363 | -€690 | -17.0% |
| Operating profit (loss) | 9901 | €3,311 | €2,721 | -€591 | -17.8% |
| Financial income | 75/76B | €533 | €455 | -€77 | -14.6% |
| Recurring financial income | 75 | €533 | €455 | -€77 | -14.6% |
| Financial charges | 65/66B | €2,604 | €2,751 | +€147 | +5.6% |
| Recurring financial charges | 65 | €2,604 | €2,751 | +€147 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €1,240 | €424 | -€815 | -65.8% |
| Income taxes | 67/77 | €729 | €247 | -€482 | -66.2% |
| Profit (loss) for the period | 9904 | €511 | €178 | -€333 | -65.2% |
| Profit (loss) for the period to be appropriated | 9905 | €511 | €178 | -€333 | -65.2% |
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.