RUSTY: 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.
RUSTY
Largest movements
- Cash -€6,969
down €6,969 (-37.1%), from €18,782 to €11,812
mainly Tax, wage and social debts (-€24,061) and Receivables within one year (-€4,262)
- Tangible fixed assets -€5,818
down €5,818 (-16.5%), from €35,296 to €29,478
of which Plant, machinery and equipment: -€3,124
- Receivables within one year +€4,262
up €4,262 (+32.2%), from €13,215 to €17,477
of which Other amounts receivable: +€8,204
- Tax, wage and social debts -€24,061
down €24,061 (-39.7%), from €60,581 to €36,520
of which Taxes: -€15,289
- Reserves +€20,498
up €20,498 (+27.2%), from €75,272 to €95,771
- Trade debts -€3,321
down €3,321 (-17.7%), from €18,812 to €15,491
- Gross operating margin +€33,638
up €33,638 (+27.5%), from €122,181 to €155,819
- Taxes +€5,476
up €5,476 (+152.4%), from €3,592 to €9,068
- Staff costs +€4,030
up €4,030 (+3.6%), from €110,684 to €114,715
- Depreciation +€2,115
up €2,115 (+27.1%), from €7,791 to €9,906
- Financial income +€1,834
up €1,834 (+51.7%), from €3,547 to €5,381
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 | €166,923 | €157,786 | -€9,137 | -5.5% |
| Fixed assets | 21/28 | €35,296 | €29,478 | -€5,818 | -16.5% |
| Tangible fixed assets | 22/27 | €35,296 | €29,478 | -€5,818 | -16.5% |
| Plant, machinery and equipment | 23 | €21,534 | €18,410 | -€3,124 | -14.5% |
| Furniture and vehicles | 24 | €9,626 | €7,390 | -€2,237 | -23.2% |
| Other tangible fixed assets | 26 | €4,136 | €3,678 | -€458 | -11.1% |
| Current assets | 29/58 | €131,627 | €128,308 | -€3,319 | -2.5% |
| Amounts receivable after more than one year | 29 | €90,000 | €90,000 | = | 0.0% |
| Other amounts receivable | 291 | €90,000 | €90,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €8,325 | €7,686 | -€639 | -7.7% |
| Stocks | 30/36 | €8,325 | €7,686 | -€639 | -7.7% |
| Amounts receivable within one year | 40/41 | €13,215 | €17,477 | +€4,262 | +32.2% |
| Trade receivables | 40 | €3,942 | - | -€3,942 | |
| Other amounts receivable | 41 | €9,273 | €17,477 | +€8,204 | +88.5% |
| Cash at bank and in hand | 54/58 | €18,782 | €11,812 | -€6,969 | -37.1% |
| Deferred charges and accrued income | 490/1 | €1,304 | €1,332 | +€28 | +2.1% |
| Total equity and liabilities | 10/49 | €166,923 | €157,786 | -€9,137 | -5.5% |
| Equity | 10/15 | €79,272 | €99,771 | +€20,498 | +25.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €75,272 | €95,771 | +€20,498 | +27.2% |
| Distributable reserves | 133 | €75,272 | €95,771 | +€20,498 | +27.2% |
| Amounts payable | 17/49 | €87,651 | €58,015 | -€29,636 | -33.8% |
| Amounts payable after more than one year | 17 | €1,372 | - | -€1,372 | |
| Financial debts | 170/4 | €1,372 | - | -€1,372 | |
| Amounts payable within one year | 42/48 | €84,679 | €56,326 | -€28,352 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €5,285 | €4,316 | -€970 | -18.3% |
| Trade debts | 44 | €18,812 | €15,491 | -€3,321 | -17.7% |
| Suppliers | 440/4 | €18,812 | €15,491 | -€3,321 | -17.7% |
| Taxes, remuneration and social security | 45 | €60,581 | €36,520 | -€24,061 | -39.7% |
| Taxes | 450/3 | €42,239 | €26,950 | -€15,289 | -36.2% |
| Remuneration and social security | 454/9 | €18,342 | €9,570 | -€8,773 | -47.8% |
| Accrued charges and deferred income | 492/3 | €1,600 | €1,689 | +€89 | +5.6% |
| Remuneration, social security and pensions | 62 | €110,684 | €114,715 | +€4,030 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,791 | €9,906 | +€2,115 | +27.1% |
| Other operating charges | 640/8 | €2,740 | €3,799 | +€1,059 | +38.7% |
| Gross operating margin | 9900 | €122,181 | €155,819 | +€33,638 | +27.5% |
| Operating profit (loss) | 9901 | €966 | €27,399 | +€26,434 | +2737.1% |
| Financial income | 75/76B | €3,547 | €5,381 | +€1,834 | +51.7% |
| Recurring financial income | 75 | €3,547 | €5,381 | +€1,834 | +51.7% |
| Financial charges | 65/66B | €2,758 | €3,214 | +€456 | +16.5% |
| Recurring financial charges | 65 | €2,758 | €3,214 | +€456 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €1,755 | €29,566 | +€27,811 | +1584.9% |
| Income taxes | 67/77 | €3,592 | €9,068 | +€5,476 | +152.4% |
| Profit (loss) for the period | 9904 | -€1,838 | €20,498 | +€22,336 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,838 | €20,498 | +€22,336 |
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 11 October 2026 via checked.be.