Rute98: 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.
Rute98
Largest movements
- Current investments +€18,323
up €18,323 (+42.5%), from €43,088 to €61,411
- Cash +€15,083
up €15,083 (+31.5%), from €47,929 to €63,012
mainly Net result for the year (+€31,817) and Tax, wage and social debts (+€29,837)
- Receivables within one year +€7,852
up €7,852 (+61.3%), from €12,800 to €20,652
of which Trade receivables: +€6,155
- Tangible fixed assets -€3,186
down €3,186 (-22.7%), from €14,064 to €10,878
- Deferred charges and accrued income -€2,136
no longer reported in 2025 (was €2,136)
- Tax, wage and social debts +€29,837
up €29,837 (+218%), from €13,677 to €43,514
- Reserves +€6,330
up €6,330 (+6.1%), from €103,204 to €109,534
- Gross operating margin +€2,116
up €2,116 (+4.2%), from €50,588 to €52,704
- Taxes +€1,065
up €1,065 (+8.1%), from €13,126 to €14,192
- Other operating charges +€848
up €848 (+719%), from €118 to €966
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 | €130,016 | €163,953 | +€33,937 | +26.1% |
| Fixed assets | 21/28 | €14,064 | €10,878 | -€3,186 | -22.7% |
| Tangible fixed assets | 22/27 | €14,064 | €10,878 | -€3,186 | -22.7% |
| Plant, machinery and equipment | 23 | €14,064 | €10,878 | -€3,186 | -22.7% |
| Current assets | 29/58 | €115,952 | €153,075 | +€37,123 | +32.0% |
| Amounts receivable after more than one year | 29 | €10,000 | €8,000 | -€2,000 | -20.0% |
| Other amounts receivable | 291 | €10,000 | €8,000 | -€2,000 | -20.0% |
| Amounts receivable within one year | 40/41 | €12,800 | €20,652 | +€7,852 | +61.3% |
| Trade receivables | 40 | €12,800 | €18,955 | +€6,155 | +48.1% |
| Other amounts receivable | 41 | - | €1,696 | +€1,696 | |
| Current investments | 50/53 | €43,088 | €61,411 | +€18,323 | +42.5% |
| Cash at bank and in hand | 54/58 | €47,929 | €63,012 | +€15,083 | +31.5% |
| Deferred charges and accrued income | 490/1 | €2,136 | - | -€2,136 | |
| Total equity and liabilities | 10/49 | €130,016 | €163,953 | +€33,937 | +26.1% |
| Equity | 10/15 | €111,204 | €117,534 | +€6,330 | +5.7% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €103,204 | €109,534 | +€6,330 | +6.1% |
| Distributable reserves | 133 | €103,204 | €109,534 | +€6,330 | +6.1% |
| Amounts payable | 17/49 | €18,812 | €46,419 | +€27,606 | +147% |
| Amounts payable within one year | 42/48 | €18,812 | €46,419 | +€27,606 | +147% |
| Trade debts | 44 | €3,962 | €2,739 | -€1,223 | -30.9% |
| Suppliers | 440/4 | €3,962 | €2,739 | -€1,223 | -30.9% |
| Taxes, remuneration and social security | 45 | €13,677 | €43,514 | +€29,837 | +218% |
| Taxes | 450/3 | €13,677 | €43,514 | +€29,837 | +218% |
| Other amounts payable | 47/48 | €1,174 | €165 | -€1,008 | -85.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,435 | €5,399 | -€36 | -0.7% |
| Other operating charges | 640/8 | €118 | €966 | +€848 | +719% |
| Gross operating margin | 9900 | €50,588 | €52,704 | +€2,116 | +4.2% |
| Operating profit (loss) | 9901 | €45,035 | €46,339 | +€1,304 | +2.9% |
| Financial income | 75/76B | €45 | €421 | +€376 | +839% |
| Recurring financial income | 75 | €45 | €421 | +€376 | +839% |
| Financial charges | 65/66B | €709 | €752 | +€43 | +6.0% |
| Recurring financial charges | 65 | €709 | €752 | +€43 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €44,370 | €46,008 | +€1,638 | +3.7% |
| Income taxes | 67/77 | €13,126 | €14,192 | +€1,065 | +8.1% |
| Profit (loss) for the period | 9904 | €31,244 | €31,817 | +€572 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,244 | €31,817 | +€572 | +1.8% |
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 14 October 2026 via checked.be.