RUTONE: 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.
RUTONE
Largest movements
- Cash +€76,486
up €76,486 (+25.4%), from €300,706 to €377,192
mainly Net result for the year (+€53,151) and Tax, wage and social debts (+€19,010)
- Current investments +€21,168
up €21,168 (+9.9%), from €212,876 to €234,044
- Receivables within one year -€17,274
down €17,274 (-100.0%), from €17,274 to €0
of which Trade receivables: -€13,000
- Reserves +€53,150
up €53,150 (+6.5%), from €813,535 to €866,685
of which Distributable reserves: +€53,150
- Tax, wage and social debts +€19,010
up €19,010 (+1076.3%), from €1,766 to €20,777
- Gross operating margin +€11,450
up €11,450 (+19.3%), from €59,265 to €70,715
- Taxes +€5,405
up €5,405 (+33.9%), from €15,929 to €21,334
- Financial income +€3,591
up €3,591 (+54.6%), from €6,574 to €10,165
- Financial charges -€2,436
down €2,436 (-32.7%), from €7,460 to €5,024
- Other operating charges +€1,149
up €1,149 (+634.2%), from €181 to €1,330
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 | €933,345 | €1,007,065 | +€73,721 | +7.9% |
| Fixed assets | 21/28 | €392,977 | €390,686 | -€2,291 | -0.6% |
| Tangible fixed assets | 22/27 | €460 | €2,600 | +€2,140 | +465.2% |
| Plant, machinery and equipment | 23 | - | €2,140 | +€2,140 | |
| Furniture and vehicles | 24 | €460 | €460 | = | 0.0% |
| Financial fixed assets | 28 | €392,517 | €388,086 | -€4,431 | -1.1% |
| Current assets | 29/58 | €540,368 | €616,379 | +€76,012 | +14.1% |
| Amounts receivable within one year | 40/41 | €17,274 | €0 | -€17,274 | -100.0% |
| Trade receivables | 40 | €13,000 | €0 | -€13,000 | -100.0% |
| Other amounts receivable | 41 | €4,274 | €0 | -€4,274 | -100.0% |
| Current investments | 50/53 | €212,876 | €234,044 | +€21,168 | +9.9% |
| Cash at bank and in hand | 54/58 | €300,706 | €377,192 | +€76,486 | +25.4% |
| Deferred charges and accrued income | 490/1 | €9,512 | €5,144 | -€4,368 | -45.9% |
| Total equity and liabilities | 10/49 | €933,345 | €1,007,065 | +€73,721 | +7.9% |
| Equity | 10/15 | €864,081 | €917,232 | +€53,151 | +6.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €813,535 | €866,685 | +€53,150 | +6.5% |
| Non-distributable reserves | 130/1 | €29,300 | €29,300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €29,300 | €29,300 | = | 0.0% |
| Distributable reserves | 133 | €784,235 | €837,385 | +€53,150 | +6.8% |
| Profit (loss) carried forward | 14 | €546 | €547 | +€1 | +0.2% |
| Amounts payable | 17/49 | €69,264 | €89,834 | +€20,570 | +29.7% |
| Amounts payable within one year | 42/48 | €65,143 | €86,890 | +€21,747 | +33.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €6,035 | €4,650 | -€1,385 | -22.9% |
| Suppliers | 440/4 | €6,035 | €4,650 | -€1,385 | -22.9% |
| Taxes, remuneration and social security | 45 | €1,766 | €20,777 | +€19,010 | +1076.3% |
| Taxes | 450/3 | €1,766 | €20,777 | +€19,010 | +1076.3% |
| Other amounts payable | 47/48 | €57,342 | €61,463 | +€4,121 | +7.2% |
| Accrued charges and deferred income | 492/3 | €4,121 | €2,944 | -€1,177 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €41 | +€41 | |
| Other operating charges | 640/8 | €181 | €1,330 | +€1,149 | +634.2% |
| Gross operating margin | 9900 | €59,265 | €70,715 | +€11,450 | +19.3% |
| Operating profit (loss) | 9901 | €59,083 | €69,344 | +€10,261 | +17.4% |
| Financial income | 75/76B | €6,574 | €10,165 | +€3,591 | +54.6% |
| Recurring financial income | 75 | €6,574 | €10,165 | +€3,591 | +54.6% |
| Financial charges | 65/66B | €7,460 | €5,024 | -€2,436 | -32.7% |
| Recurring financial charges | 65 | €7,460 | €5,024 | -€2,436 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €58,198 | €74,485 | +€16,287 | +28.0% |
| Income taxes | 67/77 | €15,929 | €21,334 | +€5,405 | +33.9% |
| Profit (loss) for the period | 9904 | €42,268 | €53,151 | +€10,883 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,268 | €53,151 | +€10,883 | +25.7% |
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 10 October 2026 via checked.be.