DE COSTER ROLAND: what changed
DE COSTER ROLAND
Largest movements
- Cash +€129,871
up €129,871 (+254%), from €51,166 to €181,037
mainly Net result for the year (+€237,654) and Depreciation (+€10,843)
- Current investments +€20,056
up €20,056 (+50.3%), from €39,839 to €59,895
- Receivables after one year +€20,000
up €20,000 (+7.1%), from €280,000 to €300,000
- Receivables within one year +€12,357
up €12,357 (+5.9%), from €209,433 to €221,790
of which Other amounts receivable: +€17,287
- Tangible fixed assets -€10,843
down €10,843 (-53.5%), from €20,286 to €9,443
of which Furniture and vehicles: -€7,326
- Reserves +€182,825
up €182,825 (+36.0%), from €507,400 to €690,225
of which Tax-exempt reserves: +€136,825
- Tax, wage and social debts -€14,254
down €14,254 (-23.3%), from €61,240 to €46,986
of which Taxes: -€16,177
- Staff costs -€89,569
down €89,569 (-33.0%), from €271,654 to €182,085
- Taxes +€28,627
up €28,627 (+52.1%), from €54,902 to €83,529
- Gross operating margin +€16,281
up €16,281 (+3.3%), from €492,728 to €509,009
- Financial income +€6,908
up €6,908 (+822%), from €840 to €7,748
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 | €601,098 | €772,538 | +€171,440 | +28.5% |
| Fixed assets | 21/28 | €20,660 | €9,817 | -€10,843 | -52.5% |
| Tangible fixed assets | 22/27 | €20,286 | €9,443 | -€10,843 | -53.5% |
| Plant, machinery and equipment | 23 | €6,010 | €2,493 | -€3,517 | -58.5% |
| Furniture and vehicles | 24 | €14,275 | €6,950 | -€7,326 | -51.3% |
| Financial fixed assets | 28 | €374 | €374 | = | 0.0% |
| Current assets | 29/58 | €580,439 | €762,722 | +€182,283 | +31.4% |
| Amounts receivable after more than one year | 29 | €280,000 | €300,000 | +€20,000 | +7.1% |
| Other amounts receivable | 291 | €280,000 | €300,000 | +€20,000 | +7.1% |
| Amounts receivable within one year | 40/41 | €209,433 | €221,790 | +€12,357 | +5.9% |
| Trade receivables | 40 | €69,115 | €64,184 | -€4,930 | -7.1% |
| Other amounts receivable | 41 | €140,319 | €157,606 | +€17,287 | +12.3% |
| Current investments | 50/53 | €39,839 | €59,895 | +€20,056 | +50.3% |
| Cash at bank and in hand | 54/58 | €51,166 | €181,037 | +€129,871 | +254% |
| Total equity and liabilities | 10/49 | €601,098 | €772,538 | +€171,440 | +28.5% |
| Equity | 10/15 | €529,256 | €712,909 | +€183,654 | +34.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €507,400 | €690,225 | +€182,825 | +36.0% |
| Tax-exempt reserves | 132 | €168,400 | €305,225 | +€136,825 | +81.3% |
| Distributable reserves | 133 | €339,000 | €385,000 | +€46,000 | +13.6% |
| Profit (loss) carried forward | 14 | €1,856 | €2,684 | +€829 | +44.7% |
| Amounts payable | 17/49 | €71,843 | €59,629 | -€12,214 | -17.0% |
| Amounts payable within one year | 42/48 | €71,843 | €59,629 | -€12,214 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €4,079 | €6,766 | +€2,687 | +65.9% |
| Trade debts | 44 | €6,524 | €5,877 | -€647 | -9.9% |
| Suppliers | 440/4 | €6,524 | €5,877 | -€647 | -9.9% |
| Taxes, remuneration and social security | 45 | €61,240 | €46,986 | -€14,254 | -23.3% |
| Taxes | 450/3 | €49,517 | €33,340 | -€16,177 | -32.7% |
| Remuneration and social security | 454/9 | €11,723 | €13,647 | +€1,923 | +16.4% |
| Remuneration, social security and pensions | 62 | €271,654 | €182,085 | -€89,569 | -33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,209 | €10,843 | +€634 | +6.2% |
| Other operating charges | 640/8 | €3,523 | €2,028 | -€1,495 | -42.4% |
| Gross operating margin | 9900 | €492,728 | €509,009 | +€16,281 | +3.3% |
| Operating profit (loss) | 9901 | €207,342 | €314,054 | +€106,712 | +51.5% |
| Financial income | 75/76B | €840 | €7,748 | +€6,908 | +822% |
| Recurring financial income | 75 | €840 | €7,748 | +€6,908 | +822% |
| Financial charges | 65/66B | €671 | €619 | -€52 | -7.8% |
| Recurring financial charges | 65 | €671 | €619 | -€52 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €207,511 | €321,183 | +€113,672 | +54.8% |
| Income taxes | 67/77 | €54,902 | €83,529 | +€28,627 | +52.1% |
| Profit (loss) for the period | 9904 | €152,609 | €237,654 | +€85,045 | +55.7% |
| Transfer to tax-exempt reserves | 689 | €84,200 | €136,825 | +€52,625 | +62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €68,409 | €100,829 | +€32,420 | +47.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.