RUSATIRA ONE: 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.
RUSATIRA ONE
Largest movements
- Deferred charges and accrued income +€131,633
up €131,633 (+878%), from €15,000 to €146,633
- Cash -€12,607
down €12,607 (-21.2%), from €59,598 to €46,992
mainly Deferred charges and accrued income (-€131,633)
- Trade debts +€113,737
up €113,737 (+170%), from €66,948 to €180,685
- Gross operating margin +€370
up €370 (+9.3%), from €3,976 to €4,346
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 | €1,067,967 | €1,183,124 | +€115,157 | +10.8% |
| Fixed assets | 21/28 | €988,973 | €987,105 | -€1,868 | -0.2% |
| Tangible fixed assets | 22/27 | €988,973 | €987,105 | -€1,868 | -0.2% |
| Land and buildings | 22 | €985,000 | €985,000 | = | 0.0% |
| Other tangible fixed assets | 26 | €3,973 | €2,105 | -€1,868 | -47.0% |
| Current assets | 29/58 | €78,994 | €196,020 | +€117,026 | +148% |
| Amounts receivable within one year | 40/41 | €4,395 | €2,395 | -€2,000 | -45.5% |
| Trade receivables | 40 | €2,395 | €2,395 | = | 0.0% |
| Other amounts receivable | 41 | €2,000 | - | -€2,000 | |
| Cash at bank and in hand | 54/58 | €59,598 | €46,992 | -€12,607 | -21.2% |
| Deferred charges and accrued income | 490/1 | €15,000 | €146,633 | +€131,633 | +878% |
| Total equity and liabilities | 10/49 | €1,067,967 | €1,183,124 | +€115,157 | +10.8% |
| Equity | 10/15 | €1,001,019 | €1,002,439 | +€1,420 | +0.1% |
| Contributions | 10/11 | €443,550 | €443,550 | = | 0.0% |
| Capital | 10 | €18,550 | €18,550 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €425,000 | €425,000 | = | 0.0% |
| Share premium | 1100/10 | €425,000 | €425,000 | = | 0.0% |
| Reserves | 13 | €556,766 | €558,086 | +€1,320 | +0.2% |
| Non-distributable reserves | 130/1 | €2,086 | €2,086 | = | 0.0% |
| Legal reserve | 130 | €2,086 | €2,086 | = | 0.0% |
| Tax-exempt reserves | 132 | €33,680 | - | -€33,680 | |
| Distributable reserves | 133 | €521,000 | €556,000 | +€35,000 | +6.7% |
| Profit (loss) carried forward | 14 | €703 | €803 | +€100 | +14.2% |
| Amounts payable | 17/49 | €66,948 | €180,685 | +€113,737 | +170% |
| Amounts payable within one year | 42/48 | €66,948 | €180,685 | +€113,737 | +170% |
| Trade debts | 44 | €66,948 | €180,685 | +€113,737 | +170% |
| Suppliers | 440/4 | €66,948 | €180,685 | +€113,737 | +170% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,868 | €1,868 | = | 0.0% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €3,976 | €4,346 | +€370 | +9.3% |
| Operating profit (loss) | 9901 | €1,140 | €1,479 | +€339 | +29.7% |
| Financial charges | 65/66B | €61 | €59 | -€2 | -3.9% |
| Recurring financial charges | 65 | €61 | €59 | -€2 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €1,079 | €1,420 | +€341 | +31.6% |
| Profit (loss) for the period | 9904 | €1,079 | €1,420 | +€341 | +31.6% |
| Transfer from tax-exempt reserves | 789 | €42,100 | €33,680 | -€8,420 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,179 | €35,100 | -€8,079 | -18.7% |
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 23 October 2026 via checked.be.