Ilot Saint Roch: 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.
Ilot Saint Roch
Largest movements
- Stocks and contracts -€41.8m
down €41.8m (-68.7%), from €60.9m to €19.1m
- Cash -€1.1m
down €1.1m (-31.3%), from €3.7m to €2.5m
mainly Advances received (-€48.9m) and Debts after one year (-€7.1m)
- Receivables within one year +€887,516
up €887,516 (+21.3%), from €4.2m to €5.0m
- Financial fixed assets +€793,122
new in 2025: €793,122
- Advances received -€48.9m
down €48.9m (-89.8%), from €54.4m to €5.5m
- Other debts +€8.4m
up €8.4m (+576%), from €1.5m to €9.9m
- Debts after one year -€7.1m
down €7.1m (-100%), from €7.1m to €0
of which Other amounts payable: -€7.1m
- Trade debts +€3.7m
up €3.7m (+69.8%), from €5.3m to €9.0m
- Tax, wage and social debts +€2.4m
up €2.4m (+882%), from €276,592 to €2.7m
- Gross operating margin +€8.8m
up €8.8m (+1,597,385%), from €548 to €8.8m
- Taxes +€2.3m
new in 2025: €2.3m
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 | €68,744,736 | €27,455,293 | -€41.3m | -60.1% |
| Fixed assets | 21/28 | - | €793,122 | +€793,122 | |
| Financial fixed assets | 28 | - | €793,122 | +€793,122 | |
| Current assets | 29/58 | €68,744,736 | €26,662,171 | -€42.1m | -61.2% |
| Stocks and contracts in progress | 3 | €60,916,649 | €19,093,959 | -€41.8m | -68.7% |
| Stocks | 30/36 | €60,916,649 | €19,093,959 | -€41.8m | -68.7% |
| Amounts receivable within one year | 40/41 | €4,158,790 | €5,046,307 | +€887,516 | +21.3% |
| Trade receivables | 40 | €4,158,790 | €5,046,307 | +€887,516 | +21.3% |
| Cash at bank and in hand | 54/58 | €3,669,297 | €2,521,906 | -€1.1m | -31.3% |
| Total equity and liabilities | 10/49 | €68,744,736 | €27,455,293 | -€41.3m | -60.1% |
| Equity | 10/15 | €207,740 | €275,000 | +€67,260 | +32.4% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | - | €25,000 | +€25,000 | |
| Non-distributable reserves | 130/1 | - | €25,000 | +€25,000 | |
| Legal reserve | 130 | - | €25,000 | +€25,000 | |
| Profit (loss) carried forward | 14 | -€42,260 | €0 | +€42,260 | |
| Amounts payable | 17/49 | €68,536,996 | €27,180,293 | -€41.4m | -60.3% |
| Amounts payable after more than one year | 17 | €7,050,119 | €0 | -€7.1m | -100% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €7,050,119 | €0 | -€7.1m | -100% |
| Amounts payable within one year | 42/48 | €61,486,877 | €27,180,293 | -€34.3m | -55.8% |
| Trade debts | 44 | €5,321,779 | €9,038,086 | +€3.7m | +69.8% |
| Suppliers | 440/4 | €5,321,779 | €9,038,086 | +€3.7m | +69.8% |
| Advances received on contracts in progress | 46 | €54,424,776 | €5,539,144 | -€48.9m | -89.8% |
| Taxes, remuneration and social security | 45 | €276,592 | €2,715,519 | +€2.4m | +882% |
| Taxes | 450/3 | €276,592 | €2,715,519 | +€2.4m | +882% |
| Other amounts payable | 47/48 | €1,463,730 | €9,887,543 | +€8.4m | +576% |
| Other operating charges | 640/8 | - | €1,619 | +€1,619 | |
| Gross operating margin | 9900 | €548 | €8,761,407 | +€8.8m | +1,597,385% |
| Operating profit (loss) | 9901 | €548 | €8,759,788 | +€8.8m | +1,597,090% |
| Financial income | 75/76B | €47 | €71 | +€24 | +51.3% |
| Recurring financial income | 75 | €47 | €71 | +€24 | +51.3% |
| Financial charges | 65/66B | €11 | €0 | -€11 | -100% |
| Recurring financial charges | 65 | €11 | €0 | -€11 | -100% |
| Profit (loss) for the period before taxes | 9903 | €584 | €8,759,859 | +€8.8m | +1,499,516% |
| Income taxes | 67/77 | - | €2,337,787 | +€2.3m | |
| Profit (loss) for the period | 9904 | €584 | €6,422,072 | +€6.4m | +1,099,306% |
| Profit (loss) for the period to be appropriated | 9905 | €584 | €6,422,072 | +€6.4m | +1,099,306% |
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 20 October 2026 via checked.be.