RUYVER: 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.
RUYVER
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Cash -€161,760
down €161,760 (-63.7%), from €253,928 to €92,169
mainly Current investments (-€200,000) and Investment in fixed assets (net) (-€20,588)
- Financial fixed assets +€10,000
new in 2025: €10,000
- Reserves +€61,372
up €61,372 (+26.0%), from €236,006 to €297,378
- Tax, wage and social debts -€10,716
down €10,716 (-31.5%), from €34,046 to €23,330
of which Taxes: -€10,716
- Other operating charges +€4,133
up €4,133 (+538%), from €768 to €4,900
- Financial income +€3,162
up €3,162 (+319,414%), from €1 to €3,163
- Gross operating margin +€3,014
up €3,014 (+2.7%), from €110,221 to €113,235
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 | €629,069 | €679,766 | +€50,697 | +8.1% |
| Fixed assets | 21/28 | €355,730 | €362,816 | +€7,086 | +2.0% |
| Tangible fixed assets | 22/27 | €355,730 | €352,816 | -€2,914 | -0.8% |
| Land and buildings | 22 | €355,364 | €352,764 | -€2,600 | -0.7% |
| Furniture and vehicles | 24 | €367 | €52 | -€314 | -85.7% |
| Financial fixed assets | 28 | - | €10,000 | +€10,000 | |
| Current assets | 29/58 | €273,339 | €316,950 | +€43,611 | +16.0% |
| Amounts receivable within one year | 40/41 | €18,971 | €21,499 | +€2,528 | +13.3% |
| Trade receivables | 40 | €18,971 | €17,363 | -€1,608 | -8.5% |
| Other amounts receivable | 41 | - | €4,136 | +€4,136 | |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €253,928 | €92,169 | -€161,760 | -63.7% |
| Deferred charges and accrued income | 490/1 | €440 | €3,283 | +€2,843 | +647% |
| Total equity and liabilities | 10/49 | €629,069 | €679,766 | +€50,697 | +8.1% |
| Equity | 10/15 | €292,206 | €353,578 | +€61,372 | +21.0% |
| Contributions | 10/11 | €56,200 | €56,200 | = | 0.0% |
| Reserves | 13 | €236,006 | €297,378 | +€61,372 | +26.0% |
| Distributable reserves | 133 | €236,006 | €297,378 | +€61,372 | +26.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €336,863 | €326,188 | -€10,675 | -3.2% |
| Amounts payable after more than one year | 17 | €193,500 | €193,500 | = | 0.0% |
| Financial debts | 170/4 | €190,000 | €190,000 | = | 0.0% |
| Other amounts payable | 178/9 | €3,500 | €3,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €143,097 | €131,461 | -€11,636 | -8.1% |
| Trade debts | 44 | €1,691 | €325 | -€1,366 | -80.8% |
| Suppliers | 440/4 | €1,691 | €325 | -€1,366 | -80.8% |
| Taxes, remuneration and social security | 45 | €34,046 | €23,330 | -€10,716 | -31.5% |
| Taxes | 450/3 | €31,296 | €20,580 | -€10,716 | -34.2% |
| Remuneration and social security | 454/9 | €2,750 | €2,750 | = | 0.0% |
| Other amounts payable | 47/48 | €107,361 | €107,806 | +€446 | +0.4% |
| Accrued charges and deferred income | 492/3 | €266 | €1,227 | +€961 | +361% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,290 | €13,502 | +€212 | +1.6% |
| Other operating charges | 640/8 | €768 | €4,900 | +€4,133 | +538% |
| Gross operating margin | 9900 | €110,221 | €113,235 | +€3,014 | +2.7% |
| Operating profit (loss) | 9901 | €96,164 | €94,833 | -€1,331 | -1.4% |
| Financial income | 75/76B | €1 | €3,163 | +€3,162 | +319,414% |
| Recurring financial income | 75 | €1 | €3,163 | +€3,162 | +319,414% |
| Financial charges | 65/66B | €11,791 | €11,341 | -€451 | -3.8% |
| Recurring financial charges | 65 | €11,791 | €11,341 | -€451 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €84,373 | €86,656 | +€2,283 | +2.7% |
| Income taxes | 67/77 | €23,953 | €24,450 | +€497 | +2.1% |
| Profit (loss) for the period | 9904 | €60,420 | €62,205 | +€1,785 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €60,420 | €62,205 | +€1,785 | +3.0% |
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 18 October 2026 via checked.be.