Rützu: 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.
Rützu
Largest movements
- Receivables within one year +€46,487
up €46,487 (+862%), from €5,394 to €51,881
of which Trade receivables: +€45,764
- Intangible fixed assets -€3,740
down €3,740 (-61.7%), from €6,065 to €2,325
- Cash +€3,124
up €3,124 (+309%), from €1,011 to €4,134
mainly Net result for the year (+€34,626) and Advances received (+€21,057)
- Tangible fixed assets -€2,892
down €2,892 (-37.9%), from €7,627 to €4,735
of which Furniture and vehicles: -€4,000
- Profit (loss) carried forward +€34,626
up €34,626 (+79.2%), from -€43,734 to -€9,108
- Debts after one year -€25,000
no longer reported in 2025 (was €25,000)
- Advances received +€21,057
up €21,057 (+93.8%), from €22,450 to €43,507
- Trade debts +€10,825
up €10,825 (+4,791%), from €226 to €11,050
- Tax, wage and social debts +€1,005
up €1,005 (+181%), from €555 to €1,560
- Gross operating margin +€39,246
up €39,246 (+944%), from €4,156 to €43,402
- Purchases and services -€35,469
down €35,469 (-15.1%), from €234,127 to €198,658
- Turnover +€10,270
up €10,270 (+4.5%), from €229,234 to €239,504
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 | €29,497 | €72,476 | +€42,979 | +146% |
| Fixed assets | 21/28 | €13,692 | €7,060 | -€6,632 | -48.4% |
| Intangible fixed assets | 21 | €6,065 | €2,325 | -€3,740 | -61.7% |
| Tangible fixed assets | 22/27 | €7,627 | €4,735 | -€2,892 | -37.9% |
| Plant, machinery and equipment | 23 | - | €1,108 | +€1,108 | |
| Furniture and vehicles | 24 | €7,627 | €3,627 | -€4,000 | -52.4% |
| Current assets | 29/58 | €15,805 | €65,415 | +€49,611 | +314% |
| Amounts receivable after more than one year | 29 | €9,400 | €9,400 | = | 0.0% |
| Other amounts receivable | 291 | €9,400 | €9,400 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,394 | €51,881 | +€46,487 | +862% |
| Trade receivables | 40 | €4,772 | €50,536 | +€45,764 | +959% |
| Other amounts receivable | 41 | €622 | €1,345 | +€723 | +116% |
| Cash at bank and in hand | 54/58 | €1,011 | €4,134 | +€3,124 | +309% |
| Total equity and liabilities | 10/49 | €29,497 | €72,476 | +€42,979 | +146% |
| Equity | 10/15 | -€18,734 | €15,892 | +€34,626 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,734 | -€9,108 | +€34,626 | +79.2% |
| Amounts payable | 17/49 | €48,231 | €56,583 | +€8,352 | +17.3% |
| Amounts payable after more than one year | 17 | €25,000 | - | -€25,000 | |
| Other amounts payable | 178/9 | €25,000 | - | -€25,000 | |
| Amounts payable within one year | 42/48 | €23,231 | €56,583 | +€33,352 | +144% |
| Trade debts | 44 | €226 | €11,050 | +€10,825 | +4,791% |
| Suppliers | 440/4 | €226 | €11,050 | +€10,825 | +4,791% |
| Advances received on contracts in progress | 46 | €22,450 | €43,507 | +€21,057 | +93.8% |
| Taxes, remuneration and social security | 45 | €555 | €1,560 | +€1,005 | +181% |
| Taxes | 450/3 | €555 | €1,560 | +€1,005 | +181% |
| Other amounts payable | 47/48 | - | €466 | +€466 | |
| Turnover | 70 | €229,234 | €239,504 | +€10,270 | +4.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €234,127 | €198,658 | -€35,469 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,160 | €7,812 | -€1,347 | -14.7% |
| Other operating charges | 640/8 | €50 | €1,067 | +€1,017 | +2,035% |
| Gross operating margin | 9900 | €4,156 | €43,402 | +€39,246 | +944% |
| Operating profit (loss) | 9901 | -€5,054 | €34,522 | +€39,576 | |
| Financial income | 75/76B | €441 | €450 | +€9 | +2.2% |
| Recurring financial income | 75 | €441 | €450 | +€9 | +2.2% |
| Financial charges | 65/66B | €2,723 | €346 | -€2,377 | -87.3% |
| Recurring financial charges | 65 | €2,723 | €346 | -€2,377 | -87.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,336 | €34,626 | +€41,962 | |
| Profit (loss) for the period | 9904 | -€7,336 | €34,626 | +€41,962 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,336 | €34,626 | +€41,962 |
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 17 October 2026 via checked.be.