DR. ROLLAND FLORENCE: 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.
DR. ROLLAND FLORENCE
Largest movements
- Cash -€62,347
down €62,347 (-11.4%), from €546,989 to €484,642
mainly Other debts (-€240,692) and Receivables within one year (-€7,258)
- Deferred charges and accrued income -€12,871
down €12,871 (-25.4%), from €50,621 to €37,750
- Other debts -€240,692
down €240,692 (-85.9%), from €280,185 to €39,493
- Reserves +€158,144
up €158,144 (+18.3%), from €863,780 to €1.0m
of which Distributable reserves: +€158,144
- Tax, wage and social debts +€15,814
up €15,814 (+88.3%), from €17,916 to €33,730
- Financial income -€5,138
down €5,138 (-32.5%), from €15,795 to €10,657
- Gross operating margin -€4,866
down €4,866 (-2.1%), from €228,212 to €223,346
- Depreciation -€4,465
down €4,465 (-69.9%), from €6,384 to €1,920
- Taxes -€2,854
down €2,854 (-4.0%), from €71,696 to €68,842
- Financial charges -€2,328
down €2,328 (-93.7%), from €2,485 to €156
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 | €1,185,591 | €1,115,712 | -€69,880 | -5.9% |
| Fixed assets | 21/28 | €3,577 | €1,657 | -€1,920 | -53.7% |
| Tangible fixed assets | 22/27 | €3,577 | €1,657 | -€1,920 | -53.7% |
| Land and buildings | 22 | €41 | €24 | -€17 | -42.3% |
| Furniture and vehicles | 24 | €3,536 | €1,633 | -€1,903 | -53.8% |
| Current assets | 29/58 | €1,182,015 | €1,114,055 | -€67,960 | -5.7% |
| Amounts receivable within one year | 40/41 | €911 | €8,169 | +€7,258 | +797% |
| Trade receivables | 40 | €911 | - | -€911 | |
| Other amounts receivable | 41 | - | €8,169 | +€8,169 | |
| Current investments | 50/53 | €583,494 | €583,494 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €546,989 | €484,642 | -€62,347 | -11.4% |
| Deferred charges and accrued income | 490/1 | €50,621 | €37,750 | -€12,871 | -25.4% |
| Total equity and liabilities | 10/49 | €1,185,591 | €1,115,712 | -€69,880 | -5.9% |
| Equity | 10/15 | €882,380 | €1,040,523 | +€158,144 | +17.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €863,780 | €1,021,923 | +€158,144 | +18.3% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €848,780 | €1,006,923 | +€158,144 | +18.6% |
| Amounts payable | 17/49 | €303,212 | €75,189 | -€228,023 | -75.2% |
| Amounts payable within one year | 42/48 | €301,167 | €75,189 | -€225,978 | -75.0% |
| Trade debts | 44 | €3,066 | €1,966 | -€1,101 | -35.9% |
| Suppliers | 440/4 | €3,066 | €1,966 | -€1,101 | -35.9% |
| Taxes, remuneration and social security | 45 | €17,916 | €33,730 | +€15,814 | +88.3% |
| Taxes | 450/3 | €17,916 | €33,730 | +€15,814 | +88.3% |
| Other amounts payable | 47/48 | €280,185 | €39,493 | -€240,692 | -85.9% |
| Accrued charges and deferred income | 492/3 | €2,045 | - | -€2,045 | |
| Non-recurring operating income | 76A | - | €9,192 | +€9,192 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,384 | €1,920 | -€4,465 | -69.9% |
| Other operating charges | 640/8 | €4,945 | €4,941 | -€4 | -0.1% |
| Gross operating margin | 9900 | €228,212 | €223,346 | -€4,866 | -2.1% |
| Operating profit (loss) | 9901 | €216,883 | €216,485 | -€398 | -0.2% |
| Financial income | 75/76B | €15,795 | €10,657 | -€5,138 | -32.5% |
| Recurring financial income | 75 | €15,795 | €10,657 | -€5,138 | -32.5% |
| Financial charges | 65/66B | €2,485 | €156 | -€2,328 | -93.7% |
| Recurring financial charges | 65 | €2,485 | €156 | -€2,328 | -93.7% |
| Profit (loss) for the period before taxes | 9903 | €230,193 | €226,986 | -€3,207 | -1.4% |
| Income taxes | 67/77 | €71,696 | €68,842 | -€2,854 | -4.0% |
| Profit (loss) for the period | 9904 | €158,497 | €158,144 | -€353 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €158,497 | €158,144 | -€353 | -0.2% |
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 22 October 2026 via checked.be.