RUSTIEK LTD: 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.
RUSTIEK LTD
Largest movements
- Receivables within one year -€18,007
no longer reported in 2025 (was €18,007)
of which Other amounts receivable: -€13,772
- Cash +€3,589
up €3,589 (+63.8%), from €5,625 to €9,214
mainly Receivables within one year (+€18,007) and Depreciation (+€1,862)
- Tangible fixed assets -€1,862
no longer reported in 2025 (was €1,862)
- Profit (loss) carried forward -€10,701
down €10,701 (-68.1%), from €15,711 to €5,010
- Tax, wage and social debts -€3,612
down €3,612 (-67.6%), from €5,346 to €1,734
- Current portion of long-term debt -€1,900
no longer reported in 2025 (was €1,900)
- Contributions +€1,230
new in 2025: €1,230
- Reserves -€1,230
no longer reported in 2025 (was €1,230)
- Purchases and services +€14,446
up €14,446 (+46.4%), from €31,121 to €45,567
- Gross operating margin -€12,291
down €12,291, from €4,988 to -€7,303
- Turnover +€2,155
up €2,155 (+6.0%), from €36,109 to €38,264
- Depreciation -€1,862
down €1,862 (-50.0%), from €3,724 to €1,862
- Taxes -€544
no longer reported in 2025 (was €544)
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 | €25,494 | €9,214 | -€16,280 | -63.9% |
| Fixed assets | 21/28 | €1,862 | - | -€1,862 | |
| Tangible fixed assets | 22/27 | €1,862 | - | -€1,862 | |
| Furniture and vehicles | 24 | €1,862 | - | -€1,862 | |
| Current assets | 29/58 | €23,632 | €9,214 | -€14,418 | -61.0% |
| Amounts receivable within one year | 40/41 | €18,007 | - | -€18,007 | |
| Trade receivables | 40 | €4,235 | - | -€4,235 | |
| Other amounts receivable | 41 | €13,772 | - | -€13,772 | |
| Cash at bank and in hand | 54/58 | €5,625 | €9,214 | +€3,589 | +63.8% |
| Total equity and liabilities | 10/49 | €25,494 | €9,214 | -€16,280 | -63.9% |
| Equity | 10/15 | €16,941 | €6,240 | -€10,701 | -63.2% |
| Contributions | 10/11 | - | €1,230 | +€1,230 | |
| Reserves | 13 | €1,230 | - | -€1,230 | |
| Distributable reserves | 133 | €1,230 | - | -€1,230 | |
| Profit (loss) carried forward | 14 | €15,711 | €5,010 | -€10,701 | -68.1% |
| Amounts payable | 17/49 | €8,553 | €2,974 | -€5,579 | -65.2% |
| Amounts payable within one year | 42/48 | €8,553 | €2,974 | -€5,579 | -65.2% |
| Current portion of amounts payable after more than one year | 42 | €1,900 | - | -€1,900 | |
| Trade debts | 44 | €1,307 | €238 | -€1,069 | -81.8% |
| Suppliers | 440/4 | €1,307 | €238 | -€1,069 | -81.8% |
| Taxes, remuneration and social security | 45 | €5,346 | €1,734 | -€3,612 | -67.6% |
| Taxes | 450/3 | €5,346 | €1,734 | -€3,612 | -67.6% |
| Other amounts payable | 47/48 | - | €1,002 | +€1,002 | |
| Turnover | 70 | €36,109 | €38,264 | +€2,155 | +6.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €31,121 | €45,567 | +€14,446 | +46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,724 | €1,862 | -€1,862 | -50.0% |
| Other operating charges | 640/8 | €1,004 | €1,365 | +€361 | +36.0% |
| Gross operating margin | 9900 | €4,988 | -€7,303 | -€12,291 | |
| Operating profit (loss) | 9901 | €260 | -€10,530 | -€10,790 | |
| Financial charges | 65/66B | €296 | €170 | -€126 | -42.6% |
| Recurring financial charges | 65 | €296 | €170 | -€126 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | -€36 | -€10,700 | -€10,664 | -29622.2% |
| Income taxes | 67/77 | €544 | - | -€544 | |
| Profit (loss) for the period | 9904 | -€580 | -€10,700 | -€10,120 | -1744.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€580 | -€10,700 | -€10,120 | -1744.8% |
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.