Rutten Solutions: 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.
Rutten Solutions
Largest movements
- Current investments -€40,066
down €40,066 (-99.7%), from €40,170 to €104
- Cash -€9,238
down €9,238 (-61.1%), from €15,116 to €5,878
mainly Contributions, distributions and other (-€80,000) and Deferred charges and accrued income (-€1,003)
- Receivables within one year -€5,038
down €5,038 (-15.9%), from €31,641 to €26,603
of which Trade receivables: -€3,508
- Tangible fixed assets -€1,251
down €1,251 (-45.3%), from €2,761 to €1,510
- Profit (loss) carried forward -€61,300
down €61,300 (-62.0%), from €98,884 to €37,584
- Tax, wage and social debts +€6,279
up €6,279 (+232%), from €2,702 to €8,981
- Gross operating margin +€2,271
up €2,271 (+8.5%), from €26,685 to €28,956
- Depreciation -€1,158
down €1,158 (-37.0%), from €3,130 to €1,972
- Financial income -€967
down €967 (-65.1%), from €1,486 to €519
- Other operating charges +€593
up €593 (+40.3%), from €1,472 to €2,065
- Financial charges -€557
down €557 (-33.2%), from €1,676 to €1,119
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 | €105,129 | €50,539 | -€54,590 | -51.9% |
| Fixed assets | 21/28 | €2,761 | €1,510 | -€1,251 | -45.3% |
| Tangible fixed assets | 22/27 | €2,761 | €1,510 | -€1,251 | -45.3% |
| Furniture and vehicles | 24 | €2,761 | €1,510 | -€1,251 | -45.3% |
| Current assets | 29/58 | €102,368 | €49,029 | -€53,339 | -52.1% |
| Amounts receivable within one year | 40/41 | €31,641 | €26,603 | -€5,038 | -15.9% |
| Trade receivables | 40 | €16,759 | €13,251 | -€3,508 | -20.9% |
| Other amounts receivable | 41 | €14,882 | €13,352 | -€1,530 | -10.3% |
| Current investments | 50/53 | €40,170 | €104 | -€40,066 | -99.7% |
| Cash at bank and in hand | 54/58 | €15,116 | €5,878 | -€9,238 | -61.1% |
| Deferred charges and accrued income | 490/1 | €15,442 | €16,445 | +€1,003 | +6.5% |
| Total equity and liabilities | 10/49 | €105,129 | €50,539 | -€54,590 | -51.9% |
| Equity | 10/15 | €101,384 | €40,084 | -€61,300 | -60.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,884 | €37,584 | -€61,300 | -62.0% |
| Amounts payable | 17/49 | €3,745 | €10,455 | +€6,710 | +179% |
| Amounts payable within one year | 42/48 | €3,745 | €10,455 | +€6,710 | +179% |
| Trade debts | 44 | €1,043 | €1,474 | +€432 | +41.4% |
| Suppliers | 440/4 | €1,043 | €1,474 | +€432 | +41.4% |
| Taxes, remuneration and social security | 45 | €2,702 | €8,981 | +€6,279 | +232% |
| Taxes | 450/3 | €2,702 | €8,981 | +€6,279 | +232% |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,130 | €1,972 | -€1,158 | -37.0% |
| Other operating charges | 640/8 | €1,472 | €2,065 | +€593 | +40.3% |
| Gross operating margin | 9900 | €26,685 | €28,956 | +€2,271 | +8.5% |
| Operating profit (loss) | 9901 | €22,083 | €24,919 | +€2,836 | +12.8% |
| Financial income | 75/76B | €1,486 | €519 | -€967 | -65.1% |
| Recurring financial income | 75 | €1,486 | €519 | -€967 | -65.1% |
| Financial charges | 65/66B | €1,676 | €1,119 | -€557 | -33.2% |
| Recurring financial charges | 65 | €1,676 | €1,119 | -€557 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €21,893 | €24,318 | +€2,425 | +11.1% |
| Income taxes | 67/77 | €5,455 | €5,618 | +€164 | +3.0% |
| Profit (loss) for the period | 9904 | €16,438 | €18,700 | +€2,262 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,438 | €18,700 | +€2,262 | +13.8% |
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 16 October 2026 via checked.be.