Van Ruysevelt & C°: 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.
Van Ruysevelt & C°
Largest movements
- Tangible fixed assets +€1.2m
up €1.2m (+21,039%), from €5,580 to €1.2m
of which Land and buildings: +€1.2m
- Receivables within one year -€552,557
down €552,557 (-27.2%), from €2.0m to €1.5m
- Cash +€68,790
up €68,790 (+1,311%), from €5,247 to €74,037
mainly Short-term financial debts (+€900,000) and Receivables within one year (+€552,557)
- Short-term financial debts +€900,000
new in 2025: €900,000
- Other debts -€359,894
down €359,894 (-70.4%), from €510,903 to €151,009
- Trade debts +€182,400
up €182,400 (+3,800%), from €4,800 to €187,200
- Depreciation +€27,970
new in 2025: €27,970
- Gross operating margin +€5,100
up €5,100, from -€3,245 to €1,855
- Financial charges -€3,404
down €3,404 (-41.8%), from €8,147 to €4,742
- Taxes -€1,986
down €1,986 (-100%), from €1,986 to €0
- Financial income +€825
up €825 (+4.2%), from €19,646 to €20,471
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 | €2,040,221 | €2,730,358 | +€690,137 | +33.8% |
| Fixed assets | 21/28 | €5,580 | €1,179,484 | +€1.2m | +21,039% |
| Tangible fixed assets | 22/27 | €5,580 | €1,179,484 | +€1.2m | +21,039% |
| Land and buildings | 22 | - | €1,174,463 | +€1.2m | |
| Other tangible fixed assets | 26 | €5,580 | €5,022 | -€558 | -10.0% |
| Current assets | 29/58 | €2,034,641 | €1,550,873 | -€483,768 | -23.8% |
| Amounts receivable within one year | 40/41 | €2,029,394 | €1,476,836 | -€552,557 | -27.2% |
| Other amounts receivable | 41 | €2,029,394 | €1,476,836 | -€552,557 | -27.2% |
| Cash at bank and in hand | 54/58 | €5,247 | €74,037 | +€68,790 | +1,311% |
| Total equity and liabilities | 10/49 | €2,040,221 | €2,730,358 | +€690,137 | +33.8% |
| Equity | 10/15 | €1,307,994 | €1,296,074 | -€11,920 | -0.9% |
| Contributions | 10/11 | €670,000 | €670,000 | = | 0.0% |
| Reserves | 13 | €581,952 | €581,457 | -€495 | -0.1% |
| Tax-exempt reserves | 132 | €581,952 | €581,457 | -€495 | -0.1% |
| Profit (loss) carried forward | 14 | €56,042 | €44,617 | -€11,426 | -20.4% |
| Provisions and deferred taxes | 16 | €193,984 | €193,819 | -€165 | -0.1% |
| Deferred taxes | 168 | €193,984 | €193,819 | -€165 | -0.1% |
| Amounts payable | 17/49 | €538,242 | €1,240,465 | +€702,222 | +130% |
| Amounts payable after more than one year | 17 | - | €270 | +€270 | |
| Other amounts payable | 178/9 | - | €270 | +€270 | |
| Amounts payable within one year | 42/48 | €538,242 | €1,240,195 | +€701,952 | +130% |
| Financial debts | 43 | - | €900,000 | +€900,000 | |
| Credit institutions | 430/8 | - | €900,000 | +€900,000 | |
| Trade debts | 44 | €4,800 | €187,200 | +€182,400 | +3,800% |
| Suppliers | 440/4 | €4,800 | €187,200 | +€182,400 | +3,800% |
| Taxes, remuneration and social security | 45 | €22,540 | €1,986 | -€20,554 | -91.2% |
| Taxes | 450/3 | €22,540 | €1,986 | -€20,554 | -91.2% |
| Other amounts payable | 47/48 | €510,903 | €151,009 | -€359,894 | -70.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €27,970 | +€27,970 | |
| Other operating charges | 640/8 | €968 | €1,699 | +€732 | +75.6% |
| Gross operating margin | 9900 | -€3,245 | €1,855 | +€5,100 | |
| Operating profit (loss) | 9901 | -€4,213 | -€27,814 | -€23,602 | -560% |
| Financial income | 75/76B | €19,646 | €20,471 | +€825 | +4.2% |
| Recurring financial income | 75 | €19,646 | €20,471 | +€825 | +4.2% |
| Financial charges | 65/66B | €8,147 | €4,742 | -€3,404 | -41.8% |
| Recurring financial charges | 65 | €8,147 | €4,742 | -€3,404 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €7,287 | -€12,085 | -€19,373 | |
| Transfer from deferred taxes | 780 | - | €165 | +€165 | |
| Income taxes | 67/77 | €1,986 | €0 | -€1,986 | -100% |
| Profit (loss) for the period | 9904 | €5,301 | -€11,920 | -€17,222 | |
| Transfer from tax-exempt reserves | 789 | - | €495 | +€495 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,301 | -€11,426 | -€16,727 |
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 22 October 2026 via checked.be.