RUUDVA: 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.
RUUDVA
Largest movements
- Cash -€20,380
down €20,380 (-70.9%), from €28,737 to €8,358
mainly Debts after one year (-€55,360) and Net result for the year (-€4,651)
- Debts after one year -€55,360
down €55,360 (-28.9%), from €191,351 to €135,991
- Other debts +€23,202
up €23,202 (+14.5%), from €160,062 to €183,264
- Gross operating margin -€3,548
down €3,548 (-13.9%), from €25,542 to €21,994
- Staff costs +€3,126
up €3,126 (+20.0%), from €15,643 to €18,769
- Taxes -€446
no longer reported in 2025 (was €446)
- Financial charges -€413
down €413 (-5.7%), from €7,237 to €6,824
- Other operating charges -€374
down €374 (-26.0%), from €1,434 to €1,060
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 | €1,950,195 | €1,924,888 | -€25,308 | -1.3% |
| Fixed assets | 21/28 | €1,889,100 | €1,889,100 | = | 0.0% |
| Financial fixed assets | 28 | €1,889,100 | €1,889,100 | = | 0.0% |
| Current assets | 29/58 | €61,095 | €35,787 | -€25,308 | -41.4% |
| Amounts receivable within one year | 40/41 | €30,485 | €27,430 | -€3,056 | -10.0% |
| Trade receivables | 40 | - | €885 | +€885 | |
| Other amounts receivable | 41 | €30,485 | €26,545 | -€3,941 | -12.9% |
| Cash at bank and in hand | 54/58 | €28,737 | €8,358 | -€20,380 | -70.9% |
| Deferred charges and accrued income | 490/1 | €1,872 | - | -€1,872 | |
| Total equity and liabilities | 10/49 | €1,950,195 | €1,924,888 | -€25,308 | -1.3% |
| Equity | 10/15 | €1,534,518 | €1,529,867 | -€4,651 | -0.3% |
| Contributions | 10/11 | €941,400 | €941,400 | = | 0.0% |
| Reserves | 13 | €270,959 | €270,959 | = | 0.0% |
| Distributable reserves | 133 | €270,959 | €270,959 | = | 0.0% |
| Profit (loss) carried forward | 14 | €322,159 | €317,508 | -€4,651 | -1.4% |
| Amounts payable | 17/49 | €415,677 | €395,020 | -€20,657 | -5.0% |
| Amounts payable after more than one year | 17 | €191,351 | €135,991 | -€55,360 | -28.9% |
| Financial debts | 170/4 | €191,351 | €135,991 | -€55,360 | -28.9% |
| Amounts payable within one year | 42/48 | €199,181 | €227,478 | +€28,298 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €33,360 | €33,360 | = | 0.0% |
| Trade debts | 44 | €721 | €5,767 | +€5,046 | +700% |
| Suppliers | 440/4 | €721 | €5,767 | +€5,046 | +700% |
| Taxes, remuneration and social security | 45 | €5,037 | €5,087 | +€49 | +1.0% |
| Taxes | 450/3 | €1,085 | €1,085 | = | 0.0% |
| Remuneration and social security | 454/9 | €3,953 | €4,002 | +€49 | +1.2% |
| Other amounts payable | 47/48 | €160,062 | €183,264 | +€23,202 | +14.5% |
| Accrued charges and deferred income | 492/3 | €25,145 | €31,551 | +€6,406 | +25.5% |
| Remuneration, social security and pensions | 62 | €15,643 | €18,769 | +€3,126 | +20.0% |
| Other operating charges | 640/8 | €1,434 | €1,060 | -€374 | -26.0% |
| Gross operating margin | 9900 | €25,542 | €21,994 | -€3,548 | -13.9% |
| Operating profit (loss) | 9901 | €8,466 | €2,165 | -€6,301 | -74.4% |
| Financial income | 75/76B | €64 | €8 | -€56 | -87.5% |
| Recurring financial income | 75 | €64 | €8 | -€56 | -87.5% |
| Financial charges | 65/66B | €7,237 | €6,824 | -€413 | -5.7% |
| Recurring financial charges | 65 | €7,237 | €6,824 | -€413 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €1,293 | -€4,651 | -€5,944 | |
| Income taxes | 67/77 | €446 | - | -€446 | |
| Profit (loss) for the period | 9904 | €847 | -€4,651 | -€5,498 | |
| Profit (loss) for the period to be appropriated | 9905 | €847 | -€4,651 | -€5,498 |
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 31 October 2026 via checked.be.