RustMinded: what changed
RustMinded
Largest movements
- Cash +€24,993
up €24,993 (+41.6%), from €60,013 to €85,006
mainly Net result for the year (+€30,972) and Depreciation (+€5,563)
- Tangible fixed assets -€4,699
down €4,699 (-13.2%), from €35,491 to €30,792
of which Land and buildings: -€3,626
- Profit (loss) carried forward +€30,972
up €30,972 (+47.5%), from €65,139 to €96,111
- Other debts -€19,500
down €19,500 (-47.9%), from €40,739 to €21,239
- Contributions +€5,000
new in 2025: €5,000
- Tax, wage and social debts +€4,129
up €4,129 (+74.9%), from €5,516 to €9,645
of which Taxes: +€6,878
- Staff costs -€19,305
down €19,305 (-49.7%), from €38,853 to €19,548
- Gross operating margin -€14,493
down €14,493 (-18.5%), from €78,354 to €63,861
- Taxes +€893
up €893 (+12.2%), from €7,337 to €8,230
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,419 | €131,995 | +€20,575 | +18.5% |
| Fixed assets | 21/28 | €35,491 | €30,792 | -€4,699 | -13.2% |
| Tangible fixed assets | 22/27 | €35,491 | €30,792 | -€4,699 | -13.2% |
| Land and buildings | 22 | €31,405 | €27,780 | -€3,626 | -11.5% |
| Furniture and vehicles | 24 | €4,085 | €3,012 | -€1,073 | -26.3% |
| Current assets | 29/58 | €75,929 | €101,203 | +€25,274 | +33.3% |
| Amounts receivable within one year | 40/41 | €15,106 | €15,091 | -€15 | -0.1% |
| Trade receivables | 40 | €13,706 | €12,871 | -€835 | -6.1% |
| Other amounts receivable | 41 | €1,400 | €2,220 | +€820 | +58.6% |
| Cash at bank and in hand | 54/58 | €60,013 | €85,006 | +€24,993 | +41.6% |
| Deferred charges and accrued income | 490/1 | €810 | €1,106 | +€296 | +36.5% |
| Total equity and liabilities | 10/49 | €111,419 | €131,995 | +€20,575 | +18.5% |
| Equity | 10/15 | €65,139 | €101,111 | +€35,972 | +55.2% |
| Contributions | 10/11 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | €65,139 | €96,111 | +€30,972 | +47.5% |
| Amounts payable | 17/49 | €46,281 | €30,884 | -€15,397 | -33.3% |
| Amounts payable within one year | 42/48 | €46,281 | €30,884 | -€15,397 | -33.3% |
| Trade debts | 44 | €26 | - | -€26 | |
| Suppliers | 440/4 | €26 | - | -€26 | |
| Taxes, remuneration and social security | 45 | €5,516 | €9,645 | +€4,129 | +74.9% |
| Taxes | 450/3 | - | €6,878 | +€6,878 | |
| Remuneration and social security | 454/9 | €5,516 | €2,766 | -€2,749 | -49.8% |
| Other amounts payable | 47/48 | €40,739 | €21,239 | -€19,500 | -47.9% |
| Remuneration, social security and pensions | 62 | €38,853 | €19,548 | -€19,305 | -49.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,035 | €5,563 | -€473 | -7.8% |
| Gross operating margin | 9900 | €78,354 | €63,861 | -€14,493 | -18.5% |
| Operating profit (loss) | 9901 | €33,466 | €38,750 | +€5,285 | +15.8% |
| Financial income | 75/76B | €817 | €580 | -€237 | -29.0% |
| Recurring financial income | 75 | €817 | €580 | -€237 | -29.0% |
| Financial charges | 65/66B | €13 | €128 | +€115 | +887% |
| Recurring financial charges | 65 | €13 | €128 | +€115 | +887% |
| Profit (loss) for the period before taxes | 9903 | €34,270 | €39,202 | +€4,933 | +14.4% |
| Income taxes | 67/77 | €7,337 | €8,230 | +€893 | +12.2% |
| Profit (loss) for the period | 9904 | €26,932 | €30,972 | +€4,040 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,932 | €30,972 | +€4,040 | +15.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.