RUTOMA: 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.
RUTOMA
Largest movements
- Cash -€161,504
down €161,504 (-34.5%), from €468,378 to €306,874
mainly Investment in fixed assets (net) (-€246,289) and Debts after one year (-€51,922)
- Tangible fixed assets +€118,660
up €118,660 (+56.1%), from €211,431 to €330,091
of which Furniture and vehicles: +€160,617
- Financial fixed assets +€41,388
new in 2025: €41,388
- Receivables within one year -€11,699
down €11,699 (-3.6%), from €320,983 to €309,284
of which Other amounts receivable: -€13,772
- Reserves +€90,080
up €90,080 (+20.6%), from €437,097 to €527,177
of which Distributable reserves: +€66,000
- Debts after one year -€51,922
down €51,922 (-75.1%), from €69,109 to €17,187
- Current portion of long-term debt -€33,779
down €33,779 (-40.1%), from €84,139 to €50,360
- Trade debts -€21,682
down €21,682 (-7.4%), from €294,760 to €273,078
- Gross operating margin +€31,760
up €31,760 (+10.3%), from €309,605 to €341,365
- Depreciation -€21,654
down €21,654 (-20.1%), from €107,895 to €86,241
- Staff costs +€7,890
up €7,890 (+7.9%), from €99,357 to €107,247
- Other operating charges +€5,309
up €5,309 (+42.5%), from €12,496 to €17,805
- Taxes -€3,792
down €3,792 (-16.5%), from €23,040 to €19,248
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 | €1,037,925 | €1,030,663 | -€7,262 | -0.7% |
| Fixed assets | 21/28 | €211,431 | €371,479 | +€160,048 | +75.7% |
| Tangible fixed assets | 22/27 | €211,431 | €330,091 | +€118,660 | +56.1% |
| Plant, machinery and equipment | 23 | €137,148 | €95,191 | -€41,957 | -30.6% |
| Furniture and vehicles | 24 | €74,283 | €234,900 | +€160,617 | +216% |
| Financial fixed assets | 28 | - | €41,388 | +€41,388 | |
| Current assets | 29/58 | €826,494 | €659,184 | -€167,310 | -20.2% |
| Amounts receivable after more than one year | 29 | €15,600 | €15,600 | = | 0.0% |
| Other amounts receivable | 291 | €15,600 | €15,600 | = | 0.0% |
| Stocks and contracts in progress | 3 | €14,500 | €12,550 | -€1,950 | -13.4% |
| Stocks | 30/36 | €14,500 | €12,550 | -€1,950 | -13.4% |
| Amounts receivable within one year | 40/41 | €320,983 | €309,284 | -€11,699 | -3.6% |
| Trade receivables | 40 | €265,886 | €267,959 | +€2,073 | +0.8% |
| Other amounts receivable | 41 | €55,097 | €41,325 | -€13,772 | -25.0% |
| Cash at bank and in hand | 54/58 | €468,378 | €306,874 | -€161,504 | -34.5% |
| Deferred charges and accrued income | 490/1 | €7,033 | €14,876 | +€7,843 | +112% |
| Total equity and liabilities | 10/49 | €1,037,925 | €1,030,663 | -€7,262 | -0.7% |
| Equity | 10/15 | €557,115 | €648,053 | +€90,938 | +16.3% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €437,097 | €527,177 | +€90,080 | +20.6% |
| Non-distributable reserves | 130/1 | €12,000 | - | -€12,000 | |
| Reserves not available under the articles | 1311 | €12,000 | - | -€12,000 | |
| Tax-exempt reserves | 132 | €104,097 | €140,177 | +€36,080 | +34.7% |
| Distributable reserves | 133 | €321,000 | €387,000 | +€66,000 | +20.6% |
| Profit (loss) carried forward | 14 | €18 | €876 | +€858 | +4,767% |
| Provisions and deferred taxes | 16 | - | €9,020 | +€9,020 | |
| Deferred taxes | 168 | - | €9,020 | +€9,020 | |
| Amounts payable | 17/49 | €480,810 | €373,590 | -€107,220 | -22.3% |
| Amounts payable after more than one year | 17 | €69,109 | €17,187 | -€51,922 | -75.1% |
| Financial debts | 170/4 | €69,109 | €17,187 | -€51,922 | -75.1% |
| Amounts payable within one year | 42/48 | €411,701 | €352,869 | -€58,832 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €84,139 | €50,360 | -€33,779 | -40.1% |
| Trade debts | 44 | €294,760 | €273,078 | -€21,682 | -7.4% |
| Suppliers | 440/4 | €294,760 | €273,078 | -€21,682 | -7.4% |
| Taxes, remuneration and social security | 45 | €24,344 | €21,944 | -€2,400 | -9.9% |
| Taxes | 450/3 | €8,036 | €4,248 | -€3,788 | -47.1% |
| Remuneration and social security | 454/9 | €16,308 | €17,696 | +€1,388 | +8.5% |
| Other amounts payable | 47/48 | €8,458 | €7,487 | -€971 | -11.5% |
| Accrued charges and deferred income | 492/3 | - | €3,534 | +€3,534 | |
| Non-recurring operating income | 76A | €5,287 | €58,146 | +€52,859 | +1,000% |
| Remuneration, social security and pensions | 62 | €99,357 | €107,247 | +€7,890 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,895 | €86,241 | -€21,654 | -20.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€936 | -€936 | |
| Other operating charges | 640/8 | €12,496 | €17,805 | +€5,309 | +42.5% |
| Non-recurring operating charges | 66A | €3,822 | €936 | -€2,886 | -75.5% |
| Gross operating margin | 9900 | €309,605 | €341,365 | +€31,760 | +10.3% |
| Operating profit (loss) | 9901 | €86,035 | €130,072 | +€44,037 | +51.2% |
| Financial income | 75/76B | €1,111 | €734 | -€377 | -33.9% |
| Recurring financial income | 75 | €1,111 | €734 | -€377 | -33.9% |
| Financial charges | 65/66B | €4,763 | €8,164 | +€3,401 | +71.4% |
| Recurring financial charges | 65 | €4,763 | €8,164 | +€3,401 | +71.4% |
| Profit (loss) for the period before taxes | 9903 | €82,383 | €122,642 | +€40,259 | +48.9% |
| Transfer from deferred taxes | 780 | €920 | €980 | +€60 | +6.5% |
| Transfer to deferred taxes | 680 | - | €10,000 | +€10,000 | |
| Income taxes | 67/77 | €23,040 | €19,248 | -€3,792 | -16.5% |
| Profit (loss) for the period | 9904 | €60,263 | €94,374 | +€34,111 | +56.6% |
| Transfer from tax-exempt reserves | 789 | €2,191 | €3,920 | +€1,729 | +78.9% |
| Transfer to tax-exempt reserves | 689 | - | €40,000 | +€40,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,454 | €58,294 | -€4,160 | -6.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.