DE ROO-BAELE: 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.
What changed
DE ROO-BAELE
NACE 01.461, Pig breeding farms
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€94,489
2025 · €57,312+€37,177
Equity
€485,894
2025 · €411,841+€74,053
Cash
€280,881
2025 · €189,390+€91,492
Balance sheet total
€1.1m
2025 · €1.1m+€48,974
Largest movements
Assets
- Cash +€91,492
up €91,492 (+48.3%), from €189,390 to €280,881
mainly Net result for the year (+€94,489) and Depreciation (+€76,699)
- Tangible fixed assets -€58,590
down €58,590 (-7.1%), from €826,066 to €767,476
of which Land and buildings: -€33,833
Equity and liabilities
- Reserves +€74,053
up €74,053 (+18.8%), from €393,249 to €467,302
- Debts after one year -€42,270
down €42,270 (-9.2%), from €460,236 to €417,966
- Tax, wage and social debts +€14,393
up €14,393 (+1,293%), from €1,114 to €15,507
Income statement
- Gross operating margin +€59,150
up €59,150 (+31.7%), from €186,521 to €245,671
- Taxes +€19,588
up €19,588 (+78.3%), from €25,019 to €44,607
- Depreciation +€2,711
up €2,711 (+3.7%), from €73,988 to €76,699
From the 2025 result to the 2026 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.
Result 2025
€57,312
Gross operating margin
+€59,150
Staff costs
-€538
Depreciation
-€2,711
Write-downs
-€575
Other operating charges
+€126
Financial income
-€172
Financial charges
+€1,485
Taxes
-€19,588
Result 2026
€94,489
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€171,281
Investment
-€18,110
Financing
-€61,679
Cash 2025
€189,390
From operations (derived)
+€171,281
Net result for the year
+€94,489
Depreciation
+€76,699
Stocks and contracts
+€2,810
Receivables within one year
-€8,497
Deferred charges and accrued income
-€10,385
Trade debts
+€6,961
Tax, wage and social debts
+€14,393
Advances received
-€5,873
Other debts
-€210
Accrued charges and deferred income
+€893
Investment (derived)
-€18,110
Investment in fixed assets (net)
-€18,110
Financing
-€61,679
Debts after one year
-€42,270
Current portion of long-term debt
+€1,027
Contributions, distributions and other
-€20,436
Cash 2026
€280,881
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,085,855 | €1,134,829 | +€48,974 | +4.5% |
| Fixed assets | 21/28 | €826,066 | €767,476 | -€58,590 | -7.1% |
| Tangible fixed assets | 22/27 | €826,066 | €767,476 | -€58,590 | -7.1% |
| Land and buildings | 22 | €712,144 | €678,312 | -€33,833 | -4.8% |
| Plant, machinery and equipment | 23 | €25,008 | €20,888 | -€4,120 | -16.5% |
| Furniture and vehicles | 24 | €88,913 | €68,277 | -€20,637 | -23.2% |
| Current assets | 29/58 | €259,789 | €367,353 | +€107,564 | +41.4% |
| Stocks and contracts in progress | 3 | €11,010 | €8,200 | -€2,810 | -25.5% |
| Stocks | 30/36 | €11,010 | €8,200 | -€2,810 | -25.5% |
| Amounts receivable within one year | 40/41 | €42,690 | €51,187 | +€8,497 | +19.9% |
| Trade receivables | 40 | €36,709 | €50,470 | +€13,761 | +37.5% |
| Other amounts receivable | 41 | €5,981 | €717 | -€5,264 | -88.0% |
| Cash at bank and in hand | 54/58 | €189,390 | €280,881 | +€91,492 | +48.3% |
| Deferred charges and accrued income | 490/1 | €16,699 | €27,085 | +€10,385 | +62.2% |
| Total equity and liabilities | 10/49 | €1,085,855 | €1,134,829 | +€48,974 | +4.5% |
| Equity | 10/15 | €411,841 | €485,894 | +€74,053 | +18.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €393,249 | €467,302 | +€74,053 | +18.8% |
| Distributable reserves | 133 | €393,249 | €467,302 | +€74,053 | +18.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €674,014 | €648,936 | -€25,078 | -3.7% |
| Amounts payable after more than one year | 17 | €460,236 | €417,966 | -€42,270 | -9.2% |
| Financial debts | 170/4 | €460,236 | €417,966 | -€42,270 | -9.2% |
| Amounts payable within one year | 42/48 | €213,778 | €230,077 | +€16,299 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €46,303 | €47,330 | +€1,027 | +2.2% |
| Trade debts | 44 | €17,035 | €23,996 | +€6,961 | +40.9% |
| Suppliers | 440/4 | €17,035 | €23,996 | +€6,961 | +40.9% |
| Advances received on contracts in progress | 46 | €31,850 | €25,977 | -€5,873 | -18.4% |
| Taxes, remuneration and social security | 45 | €1,114 | €15,507 | +€14,393 | +1,293% |
| Taxes | 450/3 | €1,114 | €15,507 | +€14,393 | +1,293% |
| Other amounts payable | 47/48 | €117,478 | €117,268 | -€210 | -0.2% |
| Accrued charges and deferred income | 492/3 | €0 | €893 | +€893 | |
| Remuneration, social security and pensions | 62 | - | €538 | +€538 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,988 | €76,699 | +€2,711 | +3.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €575 | +€575 | |
| Other operating charges | 640/8 | €9,728 | €9,602 | -€126 | -1.3% |
| Gross operating margin | 9900 | €186,521 | €245,671 | +€59,150 | +31.7% |
| Operating profit (loss) | 9901 | €102,805 | €158,257 | +€55,452 | +53.9% |
| Financial income | 75/76B | €177 | €5 | -€172 | -97.2% |
| Recurring financial income | 75 | €177 | €5 | -€172 | -97.2% |
| Financial charges | 65/66B | €20,652 | €19,166 | -€1,485 | -7.2% |
| Recurring financial charges | 65 | €20,652 | €19,166 | -€1,485 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €82,331 | €139,096 | +€56,765 | +68.9% |
| Income taxes | 67/77 | €25,019 | €44,607 | +€19,588 | +78.3% |
| Profit (loss) for the period | 9904 | €57,312 | €94,489 | +€37,177 | +64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €57,312 | €94,489 | +€37,177 | +64.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.