HANS ROUSSET: 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.
HANS ROUSSET
Largest movements
- Tangible fixed assets +€246,996
up €246,996 (+6,195%), from €3,987 to €250,983
of which Land and buildings: +€244,500
- Cash -€166,632
down €166,632 (-20.6%), from €808,964 to €642,332
mainly Investment in fixed assets (net) (-€284,539) and Contributions, distributions and other (-€108,348)
- Receivables within one year +€17,457
new in 2025: €17,457
- Profit (loss) carried forward +€95,501
up €95,501 (+24.2%), from €394,030 to €489,531
- Trade debts +€10,556
up €10,556 (+69.0%), from €15,291 to €25,847
- Depreciation +€35,240
up €35,240 (+1,530%), from €2,303 to €37,543
- Staff costs +€27,473
up €27,473 (+17.6%), from €156,390 to €183,863
- Taxes -€18,620
down €18,620 (-21.3%), from €87,246 to €68,626
- Gross operating margin +€7,387
up €7,387 (+1.5%), from €492,660 to €500,047
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 | €873,971 | €974,763 | +€100,792 | +11.5% |
| Fixed assets | 21/28 | €3,987 | €250,983 | +€246,996 | +6,195% |
| Tangible fixed assets | 22/27 | €3,987 | €250,983 | +€246,996 | +6,195% |
| Land and buildings | 22 | - | €244,500 | +€244,500 | |
| Plant, machinery and equipment | 23 | - | €4,290 | +€4,290 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €3,987 | €2,193 | -€1,794 | -45.0% |
| Current assets | 29/58 | €869,984 | €723,780 | -€146,204 | -16.8% |
| Amounts receivable within one year | 40/41 | - | €17,457 | +€17,457 | |
| Other amounts receivable | 41 | - | €17,457 | +€17,457 | |
| Cash at bank and in hand | 54/58 | €808,964 | €642,332 | -€166,632 | -20.6% |
| Deferred charges and accrued income | 490/1 | €61,021 | €63,992 | +€2,971 | +4.9% |
| Total equity and liabilities | 10/49 | €873,971 | €974,763 | +€100,792 | +11.5% |
| Equity | 10/15 | €761,630 | €855,531 | +€93,901 | +12.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €347,600 | €346,000 | -€1,600 | -0.5% |
| Distributable reserves | 133 | €347,600 | €346,000 | -€1,600 | -0.5% |
| Profit (loss) carried forward | 14 | €394,030 | €489,531 | +€95,501 | +24.2% |
| Amounts payable | 17/49 | €112,342 | €119,233 | +€6,891 | +6.1% |
| Amounts payable within one year | 42/48 | €106,929 | €113,820 | +€6,891 | +6.4% |
| Trade debts | 44 | €15,291 | €25,847 | +€10,556 | +69.0% |
| Suppliers | 440/4 | €15,291 | €25,847 | +€10,556 | +69.0% |
| Taxes, remuneration and social security | 45 | €25,976 | €21,225 | -€4,751 | -18.3% |
| Taxes | 450/3 | €8,312 | €0 | -€8,312 | -100% |
| Remuneration and social security | 454/9 | €17,664 | €21,225 | +€3,561 | +20.2% |
| Other amounts payable | 47/48 | €65,662 | €66,748 | +€1,086 | +1.7% |
| Accrued charges and deferred income | 492/3 | €5,413 | €5,413 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €156,390 | €183,863 | +€27,473 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,303 | €37,543 | +€35,240 | +1,530% |
| Other operating charges | 640/8 | €3,185 | €3,251 | +€66 | +2.1% |
| Gross operating margin | 9900 | €492,660 | €500,047 | +€7,387 | +1.5% |
| Operating profit (loss) | 9901 | €330,782 | €275,390 | -€55,392 | -16.7% |
| Financial income | 75/76B | €5,778 | €3,619 | -€2,159 | -37.4% |
| Recurring financial income | 75 | €5,778 | €3,619 | -€2,159 | -37.4% |
| Financial charges | 65/66B | €3,627 | €8,134 | +€4,507 | +124% |
| Recurring financial charges | 65 | €3,627 | €8,134 | +€4,507 | +124% |
| Profit (loss) for the period before taxes | 9903 | €332,933 | €270,875 | -€62,058 | -18.6% |
| Income taxes | 67/77 | €87,246 | €68,626 | -€18,620 | -21.3% |
| Profit (loss) for the period | 9904 | €245,687 | €202,249 | -€43,438 | -17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €245,687 | €202,249 | -€43,438 | -17.7% |
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 13 October 2026 via checked.be.