RUSHR: 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.
RUSHR
Largest movements
- Cash -€24,199
down €24,199 (-94.0%), from €25,740 to €1,541
mainly Investment in fixed assets (net) (-€29,908) and Trade debts (-€11,478)
- Intangible fixed assets +€17,490
up €17,490 (+47.1%), from €37,110 to €54,600
- Receivables within one year -€6,957
down €6,957 (-87.7%), from €7,929 to €972
of which Other amounts receivable: -€7,758
- Trade debts -€11,478
down €11,478 (-32.8%), from €34,949 to €23,471
- Profit (loss) carried forward -€2,478
new in 2025: -€2,478
- Depreciation +€12,393
up €12,393 (+2946.4%), from €421 to €12,814
- Gross operating margin +€9,650
up €9,650 (+691.4%), from €1,396 to €11,045
- Financial charges +€446
up €446 (+1612.5%), from €28 to €474
- Other operating charges -€290
down €290 (-55.1%), from €526 to €236
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.
Cash bridge derived
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 | €72,401 | €58,340 | -€14,061 | -19.4% |
| Formation expenses | 20 | €1,622 | €1,227 | -€395 | -24.4% |
| Fixed assets | 21/28 | €37,110 | €54,600 | +€17,490 | +47.1% |
| Intangible fixed assets | 21 | €37,110 | €54,600 | +€17,490 | +47.1% |
| Current assets | 29/58 | €33,669 | €2,513 | -€31,156 | -92.5% |
| Amounts receivable within one year | 40/41 | €7,929 | €972 | -€6,957 | -87.7% |
| Trade receivables | 40 | - | €801 | +€801 | |
| Other amounts receivable | 41 | €7,929 | €171 | -€7,758 | -97.8% |
| Cash at bank and in hand | 54/58 | €25,740 | €1,541 | -€24,199 | -94.0% |
| Total equity and liabilities | 10/49 | €72,401 | €58,340 | -€14,061 | -19.4% |
| Equity | 10/15 | €12,316 | €9,838 | -€2,478 | -20.1% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €316 | €316 | = | 0.0% |
| Distributable reserves | 133 | €316 | €316 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,478 | -€2,478 | |
| Amounts payable | 17/49 | €60,085 | €48,502 | -€11,583 | -19.3% |
| Amounts payable within one year | 42/48 | €60,085 | €48,502 | -€11,583 | -19.3% |
| Trade debts | 44 | €34,949 | €23,471 | -€11,478 | -32.8% |
| Suppliers | 440/4 | €34,949 | €23,471 | -€11,478 | -32.8% |
| Taxes, remuneration and social security | 45 | €105 | - | -€105 | |
| Taxes | 450/3 | €105 | - | -€105 | |
| Other amounts payable | 47/48 | €25,031 | €25,031 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €421 | €12,814 | +€12,393 | +2946.4% |
| Other operating charges | 640/8 | €526 | €236 | -€290 | -55.1% |
| Gross operating margin | 9900 | €1,396 | €11,045 | +€9,650 | +691.4% |
| Operating profit (loss) | 9901 | €449 | -€2,005 | -€2,453 | |
| Financial charges | 65/66B | €28 | €474 | +€446 | +1612.5% |
| Recurring financial charges | 65 | €28 | €474 | +€446 | +1612.5% |
| Profit (loss) for the period before taxes | 9903 | €421 | -€2,478 | -€2,899 | |
| Income taxes | 67/77 | €105 | - | -€105 | |
| Profit (loss) for the period | 9904 | €316 | -€2,478 | -€2,794 | |
| Profit (loss) for the period to be appropriated | 9905 | €316 | -€2,478 | -€2,794 |
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 9 October 2026 via checked.be.