De Roygaerden: 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 Roygaerden
Largest movements
- Receivables within one year +€9,039
up €9,039 (+14.9%), from €60,828 to €69,867
of which Other amounts receivable: +€8,177
- Cash -€5,460
down €5,460 (-43.5%), from €12,545 to €7,085
mainly Other debts (-€34,438) and Receivables within one year (-€9,039)
- Other debts -€34,438
down €34,438 (-33.9%), from €101,545 to €67,106
- Reserves +€30,580
new in 2025: €30,580
- Tax, wage and social debts +€6,308
up €6,308 (+18,473%), from €34 to €6,343
- Accrued charges and deferred income +€4,455
new in 2025: €4,455
- Trade debts -€3,769
no longer reported in 2025 (was €3,769)
- Gross operating margin -€22,245
down €22,245 (-25.6%), from €86,873 to €64,628
- Other operating charges -€5,964
down €5,964 (-28.4%), from €21,032 to €15,068
- Taxes -€4,266
down €4,266 (-27.3%), from €15,610 to €11,344
- Financial income -€1,420
down €1,420 (-99.7%), from €1,424 to €5
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 | €111,548 | €114,683 | +€3,135 | +2.8% |
| Fixed assets | 21/28 | €37,901 | €37,531 | -€369 | -1.0% |
| Tangible fixed assets | 22/27 | €37,901 | €37,531 | -€369 | -1.0% |
| Land and buildings | 22 | €11,420 | €10,296 | -€1,123 | -9.8% |
| Plant, machinery and equipment | 23 | €9,481 | €12,793 | +€3,311 | +34.9% |
| Furniture and vehicles | 24 | €17,000 | €14,442 | -€2,558 | -15.0% |
| Current assets | 29/58 | €73,648 | €77,152 | +€3,504 | +4.8% |
| Amounts receivable within one year | 40/41 | €60,828 | €69,867 | +€9,039 | +14.9% |
| Trade receivables | 40 | €55,030 | €55,892 | +€862 | +1.6% |
| Other amounts receivable | 41 | €5,798 | €13,975 | +€8,177 | +141% |
| Cash at bank and in hand | 54/58 | €12,545 | €7,085 | -€5,460 | -43.5% |
| Deferred charges and accrued income | 490/1 | €274 | €200 | -€74 | -27.0% |
| Total equity and liabilities | 10/49 | €111,548 | €114,683 | +€3,135 | +2.8% |
| Equity | 10/15 | €6,200 | €36,780 | +€30,580 | +493% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €30,580 | +€30,580 | |
| Distributable reserves | 133 | - | €30,580 | +€30,580 | |
| Amounts payable | 17/49 | €105,348 | €77,904 | -€27,445 | -26.1% |
| Amounts payable within one year | 42/48 | €105,348 | €73,449 | -€31,899 | -30.3% |
| Trade debts | 44 | €3,769 | - | -€3,769 | |
| Suppliers | 440/4 | €3,769 | - | -€3,769 | |
| Taxes, remuneration and social security | 45 | €34 | €6,343 | +€6,308 | +18,473% |
| Taxes | 450/3 | €34 | €6,343 | +€6,308 | +18,473% |
| Other amounts payable | 47/48 | €101,545 | €67,106 | -€34,438 | -33.9% |
| Accrued charges and deferred income | 492/3 | - | €4,455 | +€4,455 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,917 | €7,509 | +€592 | +8.6% |
| Other operating charges | 640/8 | €21,032 | €15,068 | -€5,964 | -28.4% |
| Gross operating margin | 9900 | €86,873 | €64,628 | -€22,245 | -25.6% |
| Operating profit (loss) | 9901 | €58,923 | €42,051 | -€16,873 | -28.6% |
| Financial income | 75/76B | €1,424 | €5 | -€1,420 | -99.7% |
| Recurring financial income | 75 | €1,424 | €5 | -€1,420 | -99.7% |
| Financial charges | 65/66B | €326 | €132 | -€194 | -59.6% |
| Recurring financial charges | 65 | €326 | €132 | -€194 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | €60,022 | €41,924 | -€18,098 | -30.2% |
| Income taxes | 67/77 | €15,610 | €11,344 | -€4,266 | -27.3% |
| Profit (loss) for the period | 9904 | €44,412 | €30,580 | -€13,832 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,412 | €30,580 | -€13,832 | -31.1% |
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 28 October 2026 via checked.be.