Demuynck-Rollez: what changed
Demuynck-Rollez
Largest movements
- Tangible fixed assets -€24,521
down €24,521 (-16.4%), from €149,127 to €124,606
of which Leasing and similar rights: -€23,040
- Receivables within one year +€5,704
up €5,704 (+9.0%), from €63,077 to €68,781
of which Other amounts receivable: +€3,029
- Cash +€4,683
up €4,683 (+15.8%), from €29,574 to €34,258
mainly Depreciation (+€41,959) and Net result for the year (+€10,573)
- Debts after one year -€10,226
down €10,226 (-25.0%), from €40,944 to €30,718
of which Financial debts: -€22,726
- Trade debts +€5,552
up €5,552 (+95.2%), from €5,834 to €11,386
- Reserves -€4,936
down €4,936 (-3.9%), from €126,484 to €121,548
of which Tax-exempt reserves: -€3,936
- Other debts -€2,602
down €2,602 (-14.3%), from €18,211 to €15,609
- Gross operating margin -€12,664
down €12,664 (-13.7%), from €92,343 to €79,679
- Taxes -€3,029
down €3,029 (-29.3%), from €10,355 to €7,326
- Other operating charges -€2,168
down €2,168 (-10.5%), from €20,637 to €18,469
- Depreciation +€1,607
up €1,607 (+4.0%), from €40,352 to €41,959
- Financial charges -€934
down €934 (-27.1%), from €3,449 to €2,515
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 | €252,357 | €235,944 | -€16,413 | -6.5% |
| Fixed assets | 21/28 | €149,127 | €124,606 | -€24,521 | -16.4% |
| Tangible fixed assets | 22/27 | €149,127 | €124,606 | -€24,521 | -16.4% |
| Land and buildings | 22 | €30,826 | €38,776 | +€7,950 | +25.8% |
| Plant, machinery and equipment | 23 | €2,216 | €874 | -€1,342 | -60.6% |
| Furniture and vehicles | 24 | €25,439 | €17,350 | -€8,089 | -31.8% |
| Leasing and similar rights | 25 | €90,645 | €67,605 | -€23,040 | -25.4% |
| Current assets | 29/58 | €103,231 | €111,339 | +€8,108 | +7.9% |
| Amounts receivable within one year | 40/41 | €63,077 | €68,781 | +€5,704 | +9.0% |
| Trade receivables | 40 | €54,550 | €57,224 | +€2,675 | +4.9% |
| Other amounts receivable | 41 | €8,527 | €11,557 | +€3,029 | +35.5% |
| Cash at bank and in hand | 54/58 | €29,574 | €34,258 | +€4,683 | +15.8% |
| Deferred charges and accrued income | 490/1 | €10,579 | €8,300 | -€2,279 | -21.5% |
| Total equity and liabilities | 10/49 | €252,357 | €235,944 | -€16,413 | -6.5% |
| Equity | 10/15 | €146,330 | €141,403 | -€4,927 | -3.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €126,484 | €121,548 | -€4,936 | -3.9% |
| Tax-exempt reserves | 132 | €15,484 | €11,548 | -€3,936 | -25.4% |
| Distributable reserves | 133 | €111,000 | €110,000 | -€1,000 | -0.9% |
| Profit (loss) carried forward | 14 | €1,254 | €1,263 | +€8 | +0.6% |
| Provisions and deferred taxes | 16 | €3,871 | €2,887 | -€984 | -25.4% |
| Deferred taxes | 168 | €3,871 | €2,887 | -€984 | -25.4% |
| Amounts payable | 17/49 | €102,156 | €91,655 | -€10,502 | -10.3% |
| Amounts payable after more than one year | 17 | €40,944 | €30,718 | -€10,226 | -25.0% |
| Financial debts | 170/4 | €40,944 | €18,218 | -€22,726 | -55.5% |
| Other amounts payable | 178/9 | - | €12,500 | +€12,500 | |
| Amounts payable within one year | 42/48 | €61,213 | €60,937 | -€276 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €25,219 | €22,726 | -€2,493 | -9.9% |
| Financial debts | 43 | - | €1,123 | +€1,123 | |
| Credit institutions | 430/8 | - | €1,123 | +€1,123 | |
| Trade debts | 44 | €5,834 | €11,386 | +€5,552 | +95.2% |
| Suppliers | 440/4 | €5,834 | €11,386 | +€5,552 | +95.2% |
| Taxes, remuneration and social security | 45 | €11,950 | €10,094 | -€1,856 | -15.5% |
| Taxes | 450/3 | €11,950 | €10,094 | -€1,856 | -15.5% |
| Other amounts payable | 47/48 | €18,211 | €15,609 | -€2,602 | -14.3% |
| Non-recurring operating income | 76A | €744 | - | -€744 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,352 | €41,959 | +€1,607 | +4.0% |
| Other operating charges | 640/8 | €20,637 | €18,469 | -€2,168 | -10.5% |
| Gross operating margin | 9900 | €92,343 | €79,679 | -€12,664 | -13.7% |
| Operating profit (loss) | 9901 | €31,354 | €19,251 | -€12,104 | -38.6% |
| Financial income | 75/76B | €108 | €179 | +€71 | +65.6% |
| Recurring financial income | 75 | €108 | €179 | +€71 | +65.6% |
| Financial charges | 65/66B | €3,449 | €2,515 | -€934 | -27.1% |
| Recurring financial charges | 65 | €3,449 | €2,515 | -€934 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €28,014 | €16,915 | -€11,099 | -39.6% |
| Transfer from deferred taxes | 780 | €984 | €984 | = | 0.0% |
| Income taxes | 67/77 | €10,355 | €7,326 | -€3,029 | -29.3% |
| Profit (loss) for the period | 9904 | €18,642 | €10,573 | -€8,070 | -43.3% |
| Transfer from tax-exempt reserves | 789 | €3,936 | €3,936 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,578 | €14,508 | -€8,070 | -35.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.