DE RODE POORT: 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.
DE RODE POORT
Largest movements
- Cash +€124,780
up €124,780 (+59.2%), from €210,631 to €335,411
mainly Net result for the year (+€219,702) and Accrued charges and deferred income (+€32,309)
- Deferred charges and accrued income +€56,763
up €56,763 (+7,890%), from €719 to €57,482
- Reserves +€225,812
up €225,812 (+69.7%), from €323,861 to €549,673
of which Distributable reserves: +€225,812
- Trade debts -€47,330
down €47,330 (-15.1%), from €313,761 to €266,431
- Accrued charges and deferred income +€32,309
up €32,309 (+644%), from €5,014 to €37,324
- Tax, wage and social debts -€23,144
down €23,144 (-96.1%), from €24,085 to €941
- Debts after one year -€18,750
down €18,750 (-80.0%), from €23,438 to €4,688
- Gross operating margin +€236,780
up €236,780 (+267%), from €88,742 to €325,523
- Taxes +€67,977
up €67,977 (+292%), from €23,254 to €91,231
- Depreciation -€11,385
down €11,385 (-55.3%), from €20,570 to €9,185
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 | €792,240 | €955,083 | +€162,842 | +20.6% |
| Fixed assets | 21/28 | €76,435 | €67,250 | -€9,185 | -12.0% |
| Tangible fixed assets | 22/27 | €76,435 | €67,250 | -€9,185 | -12.0% |
| Land and buildings | 22 | €67,894 | €61,556 | -€6,338 | -9.3% |
| Plant, machinery and equipment | 23 | €8,541 | €5,694 | -€2,847 | -33.3% |
| Current assets | 29/58 | €715,805 | €887,832 | +€172,027 | +24.0% |
| Stocks and contracts in progress | 3 | €457,231 | €450,242 | -€6,990 | -1.5% |
| Stocks | 30/36 | €457,231 | €450,242 | -€6,990 | -1.5% |
| Amounts receivable within one year | 40/41 | €47,224 | €44,698 | -€2,525 | -5.3% |
| Trade receivables | 40 | €43,716 | €0 | -€43,716 | -100% |
| Other amounts receivable | 41 | €3,508 | €44,698 | +€41,190 | +1,174% |
| Cash at bank and in hand | 54/58 | €210,631 | €335,411 | +€124,780 | +59.2% |
| Deferred charges and accrued income | 490/1 | €719 | €57,482 | +€56,763 | +7,890% |
| Total equity and liabilities | 10/49 | €792,240 | €955,083 | +€162,842 | +20.6% |
| Equity | 10/15 | €406,044 | €625,746 | +€219,702 | +54.1% |
| Contributions | 10/11 | €14,973 | €14,973 | = | 0.0% |
| Revaluation surpluses | 12 | €67,210 | €61,100 | -€6,110 | -9.1% |
| Reserves | 13 | €323,861 | €549,673 | +€225,812 | +69.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €316,861 | €542,673 | +€225,812 | +71.3% |
| Investment grants | 15 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €386,196 | €329,337 | -€56,860 | -14.7% |
| Amounts payable after more than one year | 17 | €23,438 | €4,688 | -€18,750 | -80.0% |
| Financial debts | 170/4 | €23,438 | €4,688 | -€18,750 | -80.0% |
| Amounts payable within one year | 42/48 | €357,744 | €287,325 | -€70,419 | -19.7% |
| Current portion of amounts payable after more than one year | 42 | €18,750 | €18,750 | = | 0.0% |
| Trade debts | 44 | €313,761 | €266,431 | -€47,330 | -15.1% |
| Suppliers | 440/4 | €313,761 | €266,431 | -€47,330 | -15.1% |
| Taxes, remuneration and social security | 45 | €24,085 | €941 | -€23,144 | -96.1% |
| Taxes | 450/3 | €24,085 | €941 | -€23,144 | -96.1% |
| Other amounts payable | 47/48 | €1,149 | €1,204 | +€55 | +4.8% |
| Accrued charges and deferred income | 492/3 | €5,014 | €37,324 | +€32,309 | +644% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,570 | €9,185 | -€11,385 | -55.3% |
| Other operating charges | 640/8 | €3,316 | €3,967 | +€651 | +19.6% |
| Gross operating margin | 9900 | €88,742 | €325,523 | +€236,780 | +267% |
| Operating profit (loss) | 9901 | €64,857 | €312,371 | +€247,514 | +382% |
| Financial income | 75/76B | €1,883 | €3 | -€1,881 | -99.9% |
| Recurring financial income | 75 | €1,883 | €3 | -€1,881 | -99.9% |
| Financial charges | 65/66B | €1,964 | €1,441 | -€524 | -26.7% |
| Recurring financial charges | 65 | €1,964 | €1,441 | -€524 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €64,776 | €310,933 | +€246,157 | +380% |
| Income taxes | 67/77 | €23,254 | €91,231 | +€67,977 | +292% |
| Profit (loss) for the period | 9904 | €41,521 | €219,702 | +€178,180 | +429% |
| Transfer from tax-exempt reserves | 789 | €570 | €0 | -€570 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €42,092 | €219,702 | +€177,610 | +422% |
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 28 October 2026 via checked.be.