RUSKCON: 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.
RUSKCON
Largest movements
- Tangible fixed assets -€10,577
down €10,577 (-16.4%), from €64,350 to €53,774
of which Furniture and vehicles: -€7,303
- Cash +€9,819
up €9,819 (+20.6%), from €47,691 to €57,511
mainly Other debts (+€36,618) and Net result for the year (+€23,958)
- Receivables after one year -€5,500
no longer reported in 2025 (was €5,500)
- Other debts +€36,618
up €36,618 (+125%), from €29,212 to €65,830
- Debts after one year -€30,908
down €30,908 (-87.1%), from €35,485 to €4,576
- Reserves -€30,661
down €30,661 (-21.8%), from €140,837 to €110,177
- Current portion of long-term debt +€20,105
up €20,105 (+186%), from €10,803 to €30,908
- Gross operating margin -€14,886
down €14,886 (-22.6%), from €65,896 to €51,010
- Taxes -€2,226
down €2,226 (-16.6%), from €13,443 to €11,217
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 | €234,773 | €228,409 | -€6,365 | -2.7% |
| Fixed assets | 21/28 | €64,350 | €53,774 | -€10,577 | -16.4% |
| Tangible fixed assets | 22/27 | €64,350 | €53,774 | -€10,577 | -16.4% |
| Land and buildings | 22 | €39,281 | €36,008 | -€3,273 | -8.3% |
| Furniture and vehicles | 24 | €25,069 | €17,766 | -€7,303 | -29.1% |
| Current assets | 29/58 | €170,423 | €174,635 | +€4,212 | +2.5% |
| Amounts receivable after more than one year | 29 | €5,500 | - | -€5,500 | |
| Other amounts receivable | 291 | €5,500 | - | -€5,500 | |
| Amounts receivable within one year | 40/41 | €15,572 | €14,037 | -€1,535 | -9.9% |
| Trade receivables | 40 | €13,781 | €14,025 | +€244 | +1.8% |
| Other amounts receivable | 41 | €1,791 | €12 | -€1,779 | -99.3% |
| Current investments | 50/53 | €101,660 | €103,087 | +€1,427 | +1.4% |
| Cash at bank and in hand | 54/58 | €47,691 | €57,511 | +€9,819 | +20.6% |
| Total equity and liabilities | 10/49 | €234,773 | €228,409 | -€6,365 | -2.7% |
| Equity | 10/15 | €153,237 | €122,577 | -€30,661 | -20.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €140,837 | €110,177 | -€30,661 | -21.8% |
| Distributable reserves | 133 | €140,837 | €110,177 | -€30,661 | -21.8% |
| Amounts payable | 17/49 | €81,536 | €105,832 | +€24,296 | +29.8% |
| Amounts payable after more than one year | 17 | €35,485 | €4,576 | -€30,908 | -87.1% |
| Financial debts | 170/4 | €35,485 | €4,576 | -€30,908 | -87.1% |
| Amounts payable within one year | 42/48 | €43,910 | €99,876 | +€55,966 | +127% |
| Current portion of amounts payable after more than one year | 42 | €10,803 | €30,908 | +€20,105 | +186% |
| Trade debts | 44 | €1,839 | €1,829 | -€10 | -0.6% |
| Suppliers | 440/4 | €1,839 | €1,829 | -€10 | -0.6% |
| Taxes, remuneration and social security | 45 | €2,055 | €1,309 | -€746 | -36.3% |
| Taxes | 450/3 | €355 | €1,309 | +€954 | +268% |
| Remuneration and social security | 454/9 | €1,700 | - | -€1,700 | |
| Other amounts payable | 47/48 | €29,212 | €65,830 | +€36,618 | +125% |
| Accrued charges and deferred income | 492/3 | €2,142 | €1,380 | -€762 | -35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,441 | €14,175 | -€266 | -1.8% |
| Other operating charges | 640/8 | €1,471 | €1,465 | -€6 | -0.4% |
| Gross operating margin | 9900 | €65,896 | €51,010 | -€14,886 | -22.6% |
| Operating profit (loss) | 9901 | €49,984 | €35,371 | -€14,613 | -29.2% |
| Financial income | 75/76B | €1,721 | €2,057 | +€336 | +19.5% |
| Recurring financial income | 75 | €1,721 | €2,057 | +€336 | +19.5% |
| Financial charges | 65/66B | €2,801 | €2,253 | -€549 | -19.6% |
| Recurring financial charges | 65 | €2,801 | €2,253 | -€549 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €48,904 | €35,175 | -€13,728 | -28.1% |
| Income taxes | 67/77 | €13,443 | €11,217 | -€2,226 | -16.6% |
| Profit (loss) for the period | 9904 | €35,460 | €23,958 | -€11,502 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,460 | €23,958 | -€11,502 | -32.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.