RUSODA ARCH.: 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.
RUSODA ARCH.
Largest movements
- Current investments -€182,500
no longer reported in 2025 (was €182,500)
- Tangible fixed assets +€164,202
up €164,202 (+33.1%), from €496,350 to €660,553
of which Land and buildings: +€170,413
- Receivables within one year +€26,772
up €26,772 (+38.3%), from €69,931 to €96,704
of which Trade receivables: +€19,460
- Cash +€15,666
up €15,666 (+49.2%), from €31,817 to €47,484
mainly Current investments (+€182,500) and Net result for the year (+€66,781)
- Profit (loss) carried forward +€66,781
up €66,781 (+19.4%), from €344,628 to €411,409
- Debts after one year -€37,888
down €37,888 (-10.5%), from €360,395 to €322,507
- Trade debts -€15,833
down €15,833 (-76.5%), from €20,695 to €4,862
- Accrued charges and deferred income +€14,967
new in 2025: €14,967
- Gross operating margin +€26,521
up €26,521 (+24.4%), from €108,634 to €135,156
- Other operating charges +€15,014
up €15,014 (+2,030%), from €740 to €15,754
- Depreciation +€10,422
up €10,422 (+52.5%), from €19,846 to €30,268
- Financial income -€4,464
down €4,464 (-82.2%), from €5,430 to €966
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 | €780,903 | €805,210 | +€24,307 | +3.1% |
| Fixed assets | 21/28 | €496,350 | €660,553 | +€164,202 | +33.1% |
| Tangible fixed assets | 22/27 | €496,350 | €660,553 | +€164,202 | +33.1% |
| Land and buildings | 22 | €449,805 | €620,217 | +€170,413 | +37.9% |
| Plant, machinery and equipment | 23 | €625 | €1,462 | +€838 | +134% |
| Furniture and vehicles | 24 | €45,921 | €38,873 | -€7,048 | -15.3% |
| Current assets | 29/58 | €284,553 | €144,657 | -€139,896 | -49.2% |
| Amounts receivable within one year | 40/41 | €69,931 | €96,704 | +€26,772 | +38.3% |
| Trade receivables | 40 | €66,540 | €86,000 | +€19,460 | +29.2% |
| Other amounts receivable | 41 | €3,391 | €10,704 | +€7,313 | +216% |
| Current investments | 50/53 | €182,500 | - | -€182,500 | |
| Cash at bank and in hand | 54/58 | €31,817 | €47,484 | +€15,666 | +49.2% |
| Deferred charges and accrued income | 490/1 | €304 | €470 | +€166 | +54.5% |
| Total equity and liabilities | 10/49 | €780,903 | €805,210 | +€24,307 | +3.1% |
| Equity | 10/15 | €346,628 | €413,409 | +€66,781 | +19.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €344,628 | €411,409 | +€66,781 | +19.4% |
| Amounts payable | 17/49 | €434,275 | €391,801 | -€42,475 | -9.8% |
| Amounts payable after more than one year | 17 | €360,395 | €322,507 | -€37,888 | -10.5% |
| Financial debts | 170/4 | €360,395 | €322,507 | -€37,888 | -10.5% |
| Amounts payable within one year | 42/48 | €73,880 | €54,327 | -€19,553 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €37,216 | €37,888 | +€673 | +1.8% |
| Trade debts | 44 | €20,695 | €4,862 | -€15,833 | -76.5% |
| Suppliers | 440/4 | €20,695 | €4,862 | -€15,833 | -76.5% |
| Taxes, remuneration and social security | 45 | €15,500 | €9,948 | -€5,552 | -35.8% |
| Taxes | 450/3 | €15,500 | €9,948 | -€5,552 | -35.8% |
| Other amounts payable | 47/48 | €470 | €1,629 | +€1,160 | +247% |
| Accrued charges and deferred income | 492/3 | - | €14,967 | +€14,967 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,846 | €30,268 | +€10,422 | +52.5% |
| Other operating charges | 640/8 | €740 | €15,754 | +€15,014 | +2,030% |
| Gross operating margin | 9900 | €108,634 | €135,156 | +€26,521 | +24.4% |
| Operating profit (loss) | 9901 | €88,049 | €89,134 | +€1,085 | +1.2% |
| Financial income | 75/76B | €5,430 | €966 | -€4,464 | -82.2% |
| Recurring financial income | 75 | €5,430 | €966 | -€4,464 | -82.2% |
| Financial charges | 65/66B | €5,526 | €5,268 | -€258 | -4.7% |
| Recurring financial charges | 65 | €5,526 | €5,268 | -€258 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €87,953 | €84,832 | -€3,121 | -3.5% |
| Income taxes | 67/77 | €18,353 | €18,051 | -€302 | -1.6% |
| Profit (loss) for the period | 9904 | €69,600 | €66,781 | -€2,819 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €69,600 | €66,781 | -€2,819 | -4.1% |
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 22 October 2026 via checked.be.