Rutima: 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.
Rutima
Largest movements
- Current investments -€300,000
down €300,000 (-60.0%), from €500,000 to €200,000
- Cash -€101,089
down €101,089 (-52.3%), from €193,128 to €92,039
mainly Other debts (-€586,769) and Tax, wage and social debts (-€9,169)
- Tangible fixed assets -€88,094
down €88,094 (-4.2%), from €2.1m to €2.0m
of which Land and buildings: -€60,262
- Other debts -€586,769
down €586,769 (-60.2%), from €974,774 to €388,004
- Reserves +€104,910
up €104,910 (+6.7%), from €1.6m to €1.7m
- Financial income -€235,495
down €235,495 (-95.8%), from €245,730 to €10,235
- Gross operating margin +€79,743
up €79,743 (+43.5%), from €183,247 to €262,990
- Depreciation +€13,886
up €13,886 (+18.0%), from €77,131 to €91,017
- Other operating charges -€6,828
down €6,828 (-32.3%), from €21,162 to €14,335
- Financial charges -€4,277
down €4,277 (-18.4%), from €23,305 to €19,028
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 | €3,186,168 | €2,699,684 | -€486,485 | -15.3% |
| Fixed assets | 21/28 | €2,482,563 | €2,394,468 | -€88,094 | -3.5% |
| Tangible fixed assets | 22/27 | €2,121,935 | €2,033,841 | -€88,094 | -4.2% |
| Land and buildings | 22 | €1,997,802 | €1,937,540 | -€60,262 | -3.0% |
| Furniture and vehicles | 24 | €124,133 | €96,301 | -€27,832 | -22.4% |
| Financial fixed assets | 28 | €360,627 | €360,627 | = | 0.0% |
| Current assets | 29/58 | €703,606 | €305,215 | -€398,390 | -56.6% |
| Amounts receivable within one year | 40/41 | €1,513 | €783 | -€729 | -48.2% |
| Trade receivables | 40 | €127 | €0 | -€127 | -100.0% |
| Other amounts receivable | 41 | €1,386 | €783 | -€603 | -43.5% |
| Current investments | 50/53 | €500,000 | €200,000 | -€300,000 | -60.0% |
| Cash at bank and in hand | 54/58 | €193,128 | €92,039 | -€101,089 | -52.3% |
| Deferred charges and accrued income | 490/1 | €8,965 | €12,394 | +€3,428 | +38.2% |
| Total equity and liabilities | 10/49 | €3,186,168 | €2,699,684 | -€486,485 | -15.3% |
| Equity | 10/15 | €2,185,273 | €2,290,183 | +€104,910 | +4.8% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €1,555,000 | €1,659,910 | +€104,910 | +6.7% |
| Distributable reserves | 133 | €1,555,000 | €1,659,910 | +€104,910 | +6.7% |
| Profit (loss) carried forward | 14 | €380,273 | €380,273 | = | 0.0% |
| Amounts payable | 17/49 | €1,000,895 | €409,501 | -€591,394 | -59.1% |
| Amounts payable within one year | 42/48 | €998,500 | €407,006 | -€591,494 | -59.2% |
| Trade debts | 44 | €8,143 | €12,587 | +€4,444 | +54.6% |
| Suppliers | 440/4 | €8,143 | €12,587 | +€4,444 | +54.6% |
| Taxes, remuneration and social security | 45 | €15,584 | €6,414 | -€9,169 | -58.8% |
| Taxes | 450/3 | €15,584 | €6,414 | -€9,169 | -58.8% |
| Other amounts payable | 47/48 | €974,774 | €388,004 | -€586,769 | -60.2% |
| Accrued charges and deferred income | 492/3 | €2,395 | €2,495 | +€100 | +4.2% |
| Non-recurring operating income | 76A | €1,149 | €0 | -€1,149 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,131 | €91,017 | +€13,886 | +18.0% |
| Other operating charges | 640/8 | €21,162 | €14,335 | -€6,828 | -32.3% |
| Gross operating margin | 9900 | €183,247 | €262,990 | +€79,743 | +43.5% |
| Operating profit (loss) | 9901 | €84,954 | €157,639 | +€72,685 | +85.6% |
| Financial income | 75/76B | €245,730 | €10,235 | -€235,495 | -95.8% |
| Recurring financial income | 75 | €245,730 | €10,235 | -€235,495 | -95.8% |
| Financial charges | 65/66B | €23,305 | €19,028 | -€4,277 | -18.4% |
| Recurring financial charges | 65 | €23,305 | €19,028 | -€4,277 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €307,379 | €148,846 | -€158,533 | -51.6% |
| Income taxes | 67/77 | €41,599 | €43,936 | +€2,338 | +5.6% |
| Profit (loss) for the period | 9904 | €265,780 | €104,910 | -€160,871 | -60.5% |
| Profit (loss) for the period to be appropriated | 9905 | €265,780 | €104,910 | -€160,871 | -60.5% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.