DE ROTERIJ: 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 ROTERIJ
Largest movements
- Cash -€120,828
down €120,828 (-73.1%), from €165,397 to €44,569
mainly Other debts (-€189,325) and Tax, wage and social debts (-€53,740)
- Tangible fixed assets -€57,336
down €57,336 (-3.1%), from €1.8m to €1.8m
- Receivables within one year +€46,692
up €46,692 (+125.5%), from €37,211 to €83,903
of which Trade receivables: +€31,449
- Other debts -€189,325
down €189,325 (-58.6%), from €323,233 to €133,908
- Reserves +€94,657
up €94,657 (+21.6%), from €438,196 to €532,852
of which Distributable reserves: +€94,792
- Tax, wage and social debts -€53,740
down €53,740 (-85.0%), from €63,219 to €9,479
- Gross operating margin -€68,595
down €68,595 (-24.3%), from €282,452 to €213,856
- Taxes -€17,406
down €17,406 (-28.2%), from €61,643 to €44,236
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.
Cash bridge derived
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 | €2,036,492 | €1,908,031 | -€128,461 | -6.3% |
| Fixed assets | 21/28 | €1,833,884 | €1,776,548 | -€57,336 | -3.1% |
| Tangible fixed assets | 22/27 | €1,833,884 | €1,776,548 | -€57,336 | -3.1% |
| Land and buildings | 22 | €1,833,884 | €1,776,548 | -€57,336 | -3.1% |
| Current assets | 29/58 | €202,608 | €131,483 | -€71,125 | -35.1% |
| Amounts receivable within one year | 40/41 | €37,211 | €83,903 | +€46,692 | +125.5% |
| Trade receivables | 40 | €36,718 | €68,167 | +€31,449 | +85.6% |
| Other amounts receivable | 41 | €493 | €15,736 | +€15,243 | +3091.9% |
| Cash at bank and in hand | 54/58 | €165,397 | €44,569 | -€120,828 | -73.1% |
| Deferred charges and accrued income | 490/1 | - | €3,011 | +€3,011 | |
| Total equity and liabilities | 10/49 | €2,036,492 | €1,908,031 | -€128,461 | -6.3% |
| Equity | 10/15 | €1,643,049 | €1,737,706 | +€94,657 | +5.8% |
| Contributions | 10/11 | €1,204,854 | €1,204,854 | = | 0.0% |
| Reserves | 13 | €438,196 | €532,852 | +€94,657 | +21.6% |
| Non-distributable reserves | 130/1 | €485 | €485 | = | 0.0% |
| Reserves not available under the articles | 1311 | €485 | €485 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,028 | €1,893 | -€135 | -6.7% |
| Distributable reserves | 133 | €435,682 | €530,474 | +€94,792 | +21.8% |
| Provisions and deferred taxes | 16 | €336 | €222 | -€115 | -34.1% |
| Deferred taxes | 168 | €336 | €222 | -€115 | -34.1% |
| Amounts payable | 17/49 | €393,107 | €170,103 | -€223,003 | -56.7% |
| Amounts payable within one year | 42/48 | €393,107 | €170,103 | -€223,003 | -56.7% |
| Trade debts | 44 | €6,655 | €26,716 | +€20,061 | +301.4% |
| Suppliers | 440/4 | €6,655 | €26,716 | +€20,061 | +301.4% |
| Taxes, remuneration and social security | 45 | €63,219 | €9,479 | -€53,740 | -85.0% |
| Taxes | 450/3 | €63,219 | €9,479 | -€53,740 | -85.0% |
| Other amounts payable | 47/48 | €323,233 | €133,908 | -€189,325 | -58.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,341 | €57,336 | -€4 | 0.0% |
| Other operating charges | 640/8 | €17,708 | €17,601 | -€108 | -0.6% |
| Gross operating margin | 9900 | €282,452 | €213,856 | -€68,595 | -24.3% |
| Operating profit (loss) | 9901 | €207,402 | €138,919 | -€68,483 | -33.0% |
| Financial income | 75/76B | €10 | €0 | -€10 | -100.0% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -100.0% |
| Financial charges | 65/66B | €45 | €141 | +€96 | +213.4% |
| Recurring financial charges | 65 | €45 | €141 | +€96 | +213.4% |
| Profit (loss) for the period before taxes | 9903 | €207,367 | €138,778 | -€68,589 | -33.1% |
| Transfer from deferred taxes | 780 | €74 | €62 | -€11 | -15.5% |
| Income taxes | 67/77 | €61,643 | €44,236 | -€17,406 | -28.2% |
| Profit (loss) for the period | 9904 | €145,798 | €94,604 | -€51,194 | -35.1% |
| Transfer from tax-exempt reserves | 789 | €176 | €187 | +€11 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €145,974 | €94,792 | -€51,182 | -35.1% |
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 12 October 2026 via checked.be.