DR. ROELANDS PATRICK: what changed
What changed
DR. ROELANDS PATRICK
filed annual accounts (NBB)
Net result for the year
€155,305
2024 · €176,462-€21,157
Equity
€801,462
2024 · €646,156+€155,305
Cash
€98,511
2024 · €156,151-€57,640
Balance sheet total
€858,093
2024 · €694,634+€163,459
Largest movements
Assets
- Current investments +€225,158
up €225,158 (+43.2%), from €521,550 to €746,708
- Cash -€57,640
down €57,640 (-36.9%), from €156,151 to €98,511
mainly Current investments (-€225,158) and Tax, wage and social debts (-€13,242)
Equity and liabilities
- Reserves +€155,305
up €155,305 (+24.8%), from €627,089 to €782,395
of which Distributable reserves: +€155,305
- Current portion of long-term debt +€20,181
new in 2025: €20,181
- Tax, wage and social debts -€13,242
down €13,242 (-28.0%), from €47,241 to €34,000
Income statement
- Financial income -€22,352
down €22,352 (-85.8%), from €26,056 to €3,704
- Gross operating margin -€12,233
down €12,233 (-4.9%), from €251,130 to €238,898
- Taxes -€11,268
down €11,268 (-13.2%), from €85,615 to €74,347
- Depreciation -€2,927
down €2,927 (-22.2%), from €13,161 to €10,233
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.
Result 2024
€176,462
Gross operating margin
-€12,233
Depreciation
+€2,927
Other operating charges
-€26
Financial income
-€22,352
Financial charges
-€742
Taxes
+€11,268
Result 2025
€155,305
raises the resultlowers the result
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.
From operations
+€150,629
Investment
-€228,449
Financing
+€20,181
Cash 2024
€156,151
From operations (derived)
+€150,629
Net result for the year
+€155,305
Depreciation
+€10,233
Receivables within one year
-€4,175
Deferred charges and accrued income
+€1,293
Trade debts
+€1,413
Tax, wage and social debts
-€13,242
Other debts
-€199
Investment (derived)
-€228,449
Investment in fixed assets (net)
-€3,291
Current investments
-€225,158
Financing
+€20,181
Current portion of long-term debt
+€20,181
Cash 2025
€98,511
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €694,634 | €858,093 | +€163,459 | +23.5% |
| Fixed assets | 21/28 | €12,995 | €6,053 | -€6,942 | -53.4% |
| Tangible fixed assets | 22/27 | €12,995 | €6,053 | -€6,942 | -53.4% |
| Land and buildings | 22 | €2,013 | €1,161 | -€852 | -42.3% |
| Plant, machinery and equipment | 23 | €1,640 | €3,157 | +€1,517 | +92.5% |
| Furniture and vehicles | 24 | €9,342 | €1,735 | -€7,607 | -81.4% |
| Current assets | 29/58 | €681,640 | €852,040 | +€170,401 | +25.0% |
| Amounts receivable within one year | 40/41 | - | €4,175 | +€4,175 | |
| Trade receivables | 40 | - | €250 | +€250 | |
| Other amounts receivable | 41 | - | €3,925 | +€3,925 | |
| Current investments | 50/53 | €521,550 | €746,708 | +€225,158 | +43.2% |
| Cash at bank and in hand | 54/58 | €156,151 | €98,511 | -€57,640 | -36.9% |
| Deferred charges and accrued income | 490/1 | €3,938 | €2,645 | -€1,293 | -32.8% |
| Total equity and liabilities | 10/49 | €694,634 | €858,093 | +€163,459 | +23.5% |
| Equity | 10/15 | €646,156 | €801,462 | +€155,305 | +24.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €627,089 | €782,395 | +€155,305 | +24.8% |
| Non-distributable reserves | 130/1 | €3,953 | €3,953 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,953 | €3,953 | = | 0.0% |
| Distributable reserves | 133 | €623,136 | €778,441 | +€155,305 | +24.9% |
| Profit (loss) carried forward | 14 | €467 | €467 | = | 0.0% |
| Amounts payable | 17/49 | €48,478 | €56,631 | +€8,153 | +16.8% |
| Amounts payable within one year | 42/48 | €48,478 | €56,631 | +€8,153 | +16.8% |
| Current portion of amounts payable after more than one year | 42 | - | €20,181 | +€20,181 | |
| Trade debts | 44 | €1,038 | €2,451 | +€1,413 | +136% |
| Suppliers | 440/4 | €1,038 | €2,451 | +€1,413 | +136% |
| Taxes, remuneration and social security | 45 | €47,241 | €34,000 | -€13,242 | -28.0% |
| Taxes | 450/3 | €47,241 | €34,000 | -€13,242 | -28.0% |
| Other amounts payable | 47/48 | €199 | - | -€199 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,161 | €10,233 | -€2,927 | -22.2% |
| Other operating charges | 640/8 | €868 | €894 | +€26 | +3.0% |
| Gross operating margin | 9900 | €251,130 | €238,898 | -€12,233 | -4.9% |
| Operating profit (loss) | 9901 | €237,102 | €227,771 | -€9,331 | -3.9% |
| Financial income | 75/76B | €26,056 | €3,704 | -€22,352 | -85.8% |
| Recurring financial income | 75 | €26,056 | €3,704 | -€22,352 | -85.8% |
| Financial charges | 65/66B | €1,080 | €1,822 | +€742 | +68.7% |
| Recurring financial charges | 65 | €1,080 | €1,822 | +€742 | +68.7% |
| Profit (loss) for the period before taxes | 9903 | €262,078 | €229,653 | -€32,425 | -12.4% |
| Income taxes | 67/77 | €85,615 | €74,347 | -€11,268 | -13.2% |
| Profit (loss) for the period | 9904 | €176,462 | €155,305 | -€21,157 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €176,462 | €155,305 | -€21,157 | -12.0% |
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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 5 November 2026 via checked.be.