RUTA&BAGA: 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.
RUTA&BAGA
Largest movements
- Receivables within one year -€9,324
down €9,324 (-34.8%), from €26,780 to €17,456
of which Trade receivables: -€9,667
- Cash +€9,193
up €9,193 (+81.2%), from €11,319 to €20,512
mainly Receivables within one year (+€9,324) and Net result for the year (+€7,807)
- Profit (loss) carried forward +€7,807
up €7,807 (+52.8%), from €14,777 to €22,584
- Trade debts -€7,663
down €7,663 (-55.2%), from €13,891 to €6,228
- Other debts -€802
down €802 (-14.3%), from €5,613 to €4,811
- Gross operating margin -€18,293
down €18,293 (-50.8%), from €36,010 to €17,717
- Staff costs +€7,542
up €7,542 (+935%), from €807 to €8,349
- Purchases and services +€5,707
up €5,707 (+5.9%), from €96,962 to €102,669
- Turnover +€3,397
up €3,397 (+2.9%), from €116,722 to €120,119
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 | €46,145 | €45,430 | -€715 | -1.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €5,913 | €5,578 | -€335 | -5.7% |
| Tangible fixed assets | 22/27 | €335 | €0 | -€335 | -100% |
| Plant, machinery and equipment | 23 | €335 | €0 | -€335 | -100% |
| Financial fixed assets | 28 | €5,578 | €5,578 | = | 0.0% |
| Current assets | 29/58 | €40,232 | €39,852 | -€380 | -0.9% |
| Stocks and contracts in progress | 3 | €1,807 | €1,515 | -€292 | -16.1% |
| Stocks | 30/36 | €1,807 | €1,515 | -€292 | -16.1% |
| Amounts receivable within one year | 40/41 | €26,780 | €17,456 | -€9,324 | -34.8% |
| Trade receivables | 40 | €14,286 | €4,619 | -€9,667 | -67.7% |
| Other amounts receivable | 41 | €12,494 | €12,837 | +€343 | +2.7% |
| Cash at bank and in hand | 54/58 | €11,319 | €20,512 | +€9,193 | +81.2% |
| Deferred charges and accrued income | 490/1 | €326 | €369 | +€43 | +13.1% |
| Total equity and liabilities | 10/49 | €46,145 | €45,430 | -€715 | -1.5% |
| Equity | 10/15 | €24,777 | €32,584 | +€7,807 | +31.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,777 | €22,584 | +€7,807 | +52.8% |
| Amounts payable | 17/49 | €21,368 | €12,846 | -€8,522 | -39.9% |
| Amounts payable within one year | 42/48 | €21,368 | €12,846 | -€8,522 | -39.9% |
| Trade debts | 44 | €13,891 | €6,228 | -€7,663 | -55.2% |
| Suppliers | 440/4 | €13,891 | €6,228 | -€7,663 | -55.2% |
| Taxes, remuneration and social security | 45 | €1,864 | €1,808 | -€56 | -3.0% |
| Taxes | 450/3 | €0 | €1,800 | +€1,800 | |
| Remuneration and social security | 454/9 | €1,864 | €7 | -€1,857 | -99.6% |
| Other amounts payable | 47/48 | €5,613 | €4,811 | -€802 | -14.3% |
| Turnover | 70 | €116,722 | €120,119 | +€3,397 | +2.9% |
| Non-recurring operating income | 76A | €8,619 | €159 | -€8,460 | -98.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €96,962 | €102,669 | +€5,707 | +5.9% |
| Remuneration, social security and pensions | 62 | €807 | €8,349 | +€7,542 | +935% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €924 | €335 | -€589 | -63.8% |
| Other operating charges | 640/8 | €1,414 | €465 | -€949 | -67.1% |
| Non-recurring operating charges | 66A | €401 | - | -€401 | |
| Gross operating margin | 9900 | €36,010 | €17,717 | -€18,293 | -50.8% |
| Operating profit (loss) | 9901 | €32,465 | €8,567 | -€23,897 | -73.6% |
| Financial income | 75/76B | €263 | €127 | -€136 | -51.8% |
| Recurring financial income | 75 | €263 | €127 | -€136 | -51.8% |
| Financial charges | 65/66B | €365 | €642 | +€277 | +76.0% |
| Recurring financial charges | 65 | €365 | €642 | +€277 | +76.0% |
| Profit (loss) for the period before taxes | 9903 | €32,362 | €8,052 | -€24,311 | -75.1% |
| Income taxes | 67/77 | €0 | €245 | +€245 | |
| Profit (loss) for the period | 9904 | €32,362 | €7,807 | -€24,556 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,362 | €7,807 | -€24,556 | -75.9% |
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 26 October 2026 via checked.be.