RUSTINE: what changed
Two fiscal 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.
RUSTINE
Largest movements
- Cash -€17,864
down €17,864 (-13.2%), from €135,291 to €117,428
mainly Other debts (-€17,405) and Deferred charges and accrued income (-€6,408)
- Deferred charges and accrued income +€6,408
new in 2025: €6,408
- Receivables within one year -€5,489
down €5,489 (-87.5%), from €6,273 to €785
of which Other amounts receivable: -€5,162
- Other debts -€17,405
down €17,405 (-85.3%), from €20,405 to €3,000
- Profit (loss) carried forward -€2,825
down €2,825 (-14.4%), from -€19,628 to -€22,453
- Tax, wage and social debts +€1,877
up €1,877 (+217.9%), from €861 to €2,738
- Gross operating margin -€1,559
down €1,559, from €319 to -€1,240
- Depreciation +€135
up €135 (+14.2%), from €954 to €1,089
- Financial charges +€51
up €51 (+113.4%), from €45 to €96
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 | €145,197 | €127,164 | -€18,033 | -12.4% |
| Fixed assets | 21/28 | €3,633 | €2,543 | -€1,089 | -30.0% |
| Tangible fixed assets | 22/27 | €3,633 | €2,543 | -€1,089 | -30.0% |
| Land and buildings | 22 | €2,170 | €1,656 | -€514 | -23.7% |
| Furniture and vehicles | 24 | €875 | €495 | -€379 | -43.4% |
| Other tangible fixed assets | 26 | €588 | €392 | -€196 | -33.3% |
| Current assets | 29/58 | €141,565 | €124,621 | -€16,944 | -12.0% |
| Amounts receivable within one year | 40/41 | €6,273 | €785 | -€5,489 | -87.5% |
| Trade receivables | 40 | €773 | €447 | -€327 | -42.2% |
| Other amounts receivable | 41 | €5,500 | €338 | -€5,162 | -93.9% |
| Cash at bank and in hand | 54/58 | €135,291 | €117,428 | -€17,864 | -13.2% |
| Deferred charges and accrued income | 490/1 | - | €6,408 | +€6,408 | |
| Total equity and liabilities | 10/49 | €145,197 | €127,164 | -€18,033 | -12.4% |
| Equity | 10/15 | €123,873 | €121,048 | -€2,825 | -2.3% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €135,441 | €135,441 | = | 0.0% |
| Distributable reserves | 133 | €135,441 | €135,441 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,628 | -€22,453 | -€2,825 | -14.4% |
| Amounts payable | 17/49 | €21,324 | €6,116 | -€15,208 | -71.3% |
| Amounts payable within one year | 42/48 | €21,324 | €6,116 | -€15,208 | -71.3% |
| Trade debts | 44 | €58 | €378 | +€320 | +551.1% |
| Suppliers | 440/4 | €58 | €378 | +€320 | +551.1% |
| Taxes, remuneration and social security | 45 | €861 | €2,738 | +€1,877 | +217.9% |
| Taxes | 450/3 | €861 | €2,738 | +€1,877 | +217.9% |
| Other amounts payable | 47/48 | €20,405 | €3,000 | -€17,405 | -85.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €954 | €1,089 | +€135 | +14.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €319 | -€1,240 | -€1,559 | |
| Operating profit (loss) | 9901 | -€1,023 | -€2,729 | -€1,707 | -166.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €45 | €96 | +€51 | +113.4% |
| Recurring financial charges | 65 | €45 | €96 | +€51 | +113.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,068 | -€2,825 | -€1,758 | -164.6% |
| Profit (loss) for the period | 9904 | -€1,068 | -€2,825 | -€1,758 | -164.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,068 | -€2,825 | -€1,758 | -164.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.