RUSH: 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.
RUSH
Largest movements
- Tangible fixed assets -€239,857
down €239,857 (-40.9%), from €585,970 to €346,113
of which Land and buildings: -€259,174
- Deferred charges and accrued income +€13,578
new in 2025: €13,578
- Cash +€6,173
up €6,173 (+73.5%), from €8,396 to €14,568
mainly Investment in fixed assets (net) (+€217,712) and Other debts (+€83,702)
- Debts after one year -€339,898
down €339,898 (-74.1%), from €458,981 to €119,083
- Other debts +€83,702
up €83,702 (+31.0%), from €269,904 to €353,606
- Profit (loss) carried forward +€55,360
up €55,360 (+30.7%), from -€180,523 to -€125,163
- Current portion of long-term debt -€11,342
down €11,342 (-33.9%), from €33,490 to €22,148
- Trade debts -€9,107
no longer reported in 2025 (was €9,107)
- Gross operating margin +€50,475
up €50,475 (+90.2%), from €55,986 to €106,462
- Depreciation -€8,507
down €8,507 (-27.8%), from €30,652 to €22,145
- Other operating charges +€2,360
up €2,360 (+41.1%), from €5,742 to €8,102
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 | €597,281 | €377,697 | -€219,584 | -36.8% |
| Fixed assets | 21/28 | €585,970 | €346,113 | -€239,857 | -40.9% |
| Tangible fixed assets | 22/27 | €585,970 | €346,113 | -€239,857 | -40.9% |
| Land and buildings | 22 | €544,097 | €284,923 | -€259,174 | -47.6% |
| Plant, machinery and equipment | 23 | €1,642 | €3,684 | +€2,042 | +124% |
| Furniture and vehicles | 24 | €1,831 | €2,865 | +€1,034 | +56.5% |
| Other tangible fixed assets | 26 | €38,401 | €54,640 | +€16,240 | +42.3% |
| Current assets | 29/58 | €11,310 | €31,584 | +€20,274 | +179% |
| Amounts receivable within one year | 40/41 | €2,915 | €3,438 | +€523 | +17.9% |
| Trade receivables | 40 | €2,915 | €2,322 | -€593 | -20.3% |
| Other amounts receivable | 41 | - | €1,115 | +€1,115 | |
| Cash at bank and in hand | 54/58 | €8,396 | €14,568 | +€6,173 | +73.5% |
| Deferred charges and accrued income | 490/1 | - | €13,578 | +€13,578 | |
| Total equity and liabilities | 10/49 | €597,281 | €377,697 | -€219,584 | -36.8% |
| Equity | 10/15 | -€174,326 | -€118,966 | +€55,360 | +31.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€180,523 | -€125,163 | +€55,360 | +30.7% |
| Amounts payable | 17/49 | €771,607 | €496,663 | -€274,944 | -35.6% |
| Amounts payable after more than one year | 17 | €458,981 | €119,083 | -€339,898 | -74.1% |
| Financial debts | 170/4 | €458,981 | €119,083 | -€339,898 | -74.1% |
| Amounts payable within one year | 42/48 | €312,625 | €377,579 | +€64,954 | +20.8% |
| Current portion of amounts payable after more than one year | 42 | €33,490 | €22,148 | -€11,342 | -33.9% |
| Trade debts | 44 | €9,107 | - | -€9,107 | |
| Suppliers | 440/4 | €9,107 | - | -€9,107 | |
| Taxes, remuneration and social security | 45 | €124 | €1,825 | +€1,701 | +1,367% |
| Taxes | 450/3 | €124 | €1,825 | +€1,701 | +1,367% |
| Other amounts payable | 47/48 | €269,904 | €353,606 | +€83,702 | +31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,652 | €22,145 | -€8,507 | -27.8% |
| Other operating charges | 640/8 | €5,742 | €8,102 | +€2,360 | +41.1% |
| Gross operating margin | 9900 | €55,986 | €106,462 | +€50,475 | +90.2% |
| Operating profit (loss) | 9901 | €19,592 | €76,215 | +€56,623 | +289% |
| Financial income | 75/76B | - | €418 | +€418 | |
| Recurring financial income | 75 | - | €418 | +€418 | |
| Financial charges | 65/66B | €20,404 | €21,273 | +€869 | +4.3% |
| Recurring financial charges | 65 | €20,404 | €13,776 | -€6,627 | -32.5% |
| Non-recurring financial charges | 66B | - | €7,496 | +€7,496 | |
| Profit (loss) for the period before taxes | 9903 | -€812 | €55,360 | +€56,172 | |
| Profit (loss) for the period | 9904 | -€812 | €55,360 | +€56,172 | |
| Profit (loss) for the period to be appropriated | 9905 | -€812 | €55,360 | +€56,172 |
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 16 October 2026 via checked.be.