RUSU CONSTRUCT: 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.
RUSU CONSTRUCT
Largest movements
- Cash +€21,297
up €21,297 (+74.1%), from €28,754 to €50,051
mainly Net result for the year (+€44,729) and Depreciation (+€34,455)
- Receivables within one year -€18,879
down €18,879 (-22.9%), from €82,509 to €63,630
of which Trade receivables: -€19,127
- Tangible fixed assets -€14,315
down €14,315 (-18.7%), from €76,392 to €62,077
of which Leasing and similar rights: -€13,777
- Deferred charges and accrued income -€2,004
down €2,004 (-42.4%), from €4,731 to €2,727
- Other debts -€10,760
down €10,760 (-19.6%), from €54,760 to €44,000
- Debts after one year -€8,671
down €8,671 (-47.7%), from €18,164 to €9,493
- Trade debts +€7,708
up €7,708 (+22.4%), from €34,388 to €42,096
- Current portion of long-term debt -€4,068
down €4,068 (-31.9%), from €12,739 to €8,671
- Profit (loss) carried forward +€2,729
up €2,729 (+9.3%), from €29,348 to €32,077
- Gross operating margin -€28,806
down €28,806 (-21.5%), from €134,177 to €105,371
- Depreciation -€6,405
down €6,405 (-15.7%), from €40,860 to €34,455
- Other operating charges -€5,163
down €5,163 (-55.7%), from €9,275 to €4,113
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 | €192,837 | €178,936 | -€13,901 | -7.2% |
| Fixed assets | 21/28 | €76,842 | €62,527 | -€14,315 | -18.6% |
| Tangible fixed assets | 22/27 | €76,392 | €62,077 | -€14,315 | -18.7% |
| Plant, machinery and equipment | 23 | €5,806 | €9,029 | +€3,223 | +55.5% |
| Furniture and vehicles | 24 | €43,347 | €39,586 | -€3,761 | -8.7% |
| Leasing and similar rights | 25 | €27,240 | €13,463 | -€13,777 | -50.6% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €115,994 | €116,408 | +€414 | +0.4% |
| Amounts receivable within one year | 40/41 | €82,509 | €63,630 | -€18,879 | -22.9% |
| Trade receivables | 40 | €81,530 | €62,403 | -€19,127 | -23.5% |
| Other amounts receivable | 41 | €979 | €1,227 | +€248 | +25.4% |
| Cash at bank and in hand | 54/58 | €28,754 | €50,051 | +€21,297 | +74.1% |
| Deferred charges and accrued income | 490/1 | €4,731 | €2,727 | -€2,004 | -42.4% |
| Total equity and liabilities | 10/49 | €192,837 | €178,936 | -€13,901 | -7.2% |
| Equity | 10/15 | €68,408 | €71,137 | +€2,729 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,460 | €20,460 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,348 | €32,077 | +€2,729 | +9.3% |
| Amounts payable | 17/49 | €124,429 | €107,798 | -€16,630 | -13.4% |
| Amounts payable after more than one year | 17 | €18,164 | €9,493 | -€8,671 | -47.7% |
| Financial debts | 170/4 | €18,164 | €9,493 | -€8,671 | -47.7% |
| Amounts payable within one year | 42/48 | €106,264 | €98,305 | -€7,959 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €12,739 | €8,671 | -€4,068 | -31.9% |
| Trade debts | 44 | €34,388 | €42,096 | +€7,708 | +22.4% |
| Suppliers | 440/4 | €34,388 | €42,096 | +€7,708 | +22.4% |
| Taxes, remuneration and social security | 45 | €4,377 | €3,538 | -€839 | -19.2% |
| Taxes | 450/3 | €4,377 | €3,538 | -€839 | -19.2% |
| Other amounts payable | 47/48 | €54,760 | €44,000 | -€10,760 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,860 | €34,455 | -€6,405 | -15.7% |
| Other operating charges | 640/8 | €9,275 | €4,113 | -€5,163 | -55.7% |
| Gross operating margin | 9900 | €134,177 | €105,371 | -€28,806 | -21.5% |
| Operating profit (loss) | 9901 | €84,042 | €66,803 | -€17,239 | -20.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,530 | €3,311 | -€219 | -6.2% |
| Recurring financial charges | 65 | €3,530 | €3,311 | -€219 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €80,512 | €63,492 | -€17,020 | -21.1% |
| Income taxes | 67/77 | €19,377 | €18,763 | -€614 | -3.2% |
| Profit (loss) for the period | 9904 | €61,135 | €44,729 | -€16,406 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €61,135 | €44,729 | -€16,406 | -26.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.