L. Rochette: 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.
L. Rochette
Largest movements
- Cash +€64,258
up €64,258 (+42.4%), from €151,438 to €215,696
mainly Net result for the year (+€39,560) and Other debts (+€37,975)
- Receivables within one year +€9,655
up €9,655 (+61.5%), from €15,694 to €25,349
of which Trade receivables: +€10,190
- Tangible fixed assets +€6,200
up €6,200 (+10.4%), from €59,404 to €65,604
of which Land and buildings: +€8,277
- Profit (loss) carried forward -€168,663
down €168,663 (-100%), from €168,663 to €0
- Reserves +€156,410
up €156,410 (+80.9%), from €193,268 to €349,678
- Other debts +€37,975
up €37,975 (+143%), from €26,598 to €64,573
- Trade debts +€17,412
up €17,412 (+149%), from €11,709 to €29,121
- Tax, wage and social debts +€16,930
up €16,930 (+141%), from €12,045 to €28,975
of which Remuneration and social security: +€13,871
- Gross operating margin +€62,193
up €62,193 (+41.4%), from €150,395 to €212,587
- Staff costs +€24,804
up €24,804 (+20.8%), from €119,183 to €143,987
- Financial income -€7,060
down €7,060 (-94.9%), from €7,443 to €383
- Depreciation +€5,750
up €5,750 (+34.3%), from €16,767 to €22,517
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 | €445,005 | €518,295 | +€73,290 | +16.5% |
| Fixed assets | 21/28 | €63,430 | €66,573 | +€3,143 | +5.0% |
| Tangible fixed assets | 22/27 | €59,404 | €65,604 | +€6,200 | +10.4% |
| Land and buildings | 22 | - | €8,277 | +€8,277 | |
| Plant, machinery and equipment | 23 | €22,383 | €18,561 | -€3,822 | -17.1% |
| Furniture and vehicles | 24 | €14,482 | €21,235 | +€6,753 | +46.6% |
| Leasing and similar rights | 25 | €22,539 | €17,530 | -€5,009 | -22.2% |
| Financial fixed assets | 28 | €4,026 | €970 | -€3,056 | -75.9% |
| Current assets | 29/58 | €381,575 | €451,722 | +€70,147 | +18.4% |
| Stocks and contracts in progress | 3 | €214,442 | €210,676 | -€3,766 | -1.8% |
| Stocks | 30/36 | €214,442 | €210,676 | -€3,766 | -1.8% |
| Amounts receivable within one year | 40/41 | €15,694 | €25,349 | +€9,655 | +61.5% |
| Trade receivables | 40 | €14,809 | €24,999 | +€10,190 | +68.8% |
| Other amounts receivable | 41 | €885 | €350 | -€535 | -60.5% |
| Cash at bank and in hand | 54/58 | €151,438 | €215,696 | +€64,258 | +42.4% |
| Total equity and liabilities | 10/49 | €445,005 | €518,295 | +€73,290 | +16.5% |
| Equity | 10/15 | €394,653 | €382,400 | -€12,253 | -3.1% |
| Contributions | 10/11 | €32,722 | €32,722 | = | 0.0% |
| Reserves | 13 | €193,268 | €349,678 | +€156,410 | +80.9% |
| Distributable reserves | 133 | €193,268 | €349,678 | +€156,410 | +80.9% |
| Profit (loss) carried forward | 14 | €168,663 | €0 | -€168,663 | -100% |
| Amounts payable | 17/49 | €50,352 | €135,895 | +€85,543 | +170% |
| Amounts payable after more than one year | 17 | - | €9,594 | +€9,594 | |
| Financial debts | 170/4 | - | €9,594 | +€9,594 | |
| Amounts payable within one year | 42/48 | €50,352 | €126,301 | +€75,949 | +151% |
| Current portion of amounts payable after more than one year | 42 | - | €3,632 | +€3,632 | |
| Trade debts | 44 | €11,709 | €29,121 | +€17,412 | +149% |
| Suppliers | 440/4 | €11,709 | €29,121 | +€17,412 | +149% |
| Taxes, remuneration and social security | 45 | €12,045 | €28,975 | +€16,930 | +141% |
| Taxes | 450/3 | €12,045 | €15,104 | +€3,059 | +25.4% |
| Remuneration and social security | 454/9 | - | €13,871 | +€13,871 | |
| Other amounts payable | 47/48 | €26,598 | €64,573 | +€37,975 | +143% |
| Remuneration, social security and pensions | 62 | €119,183 | €143,987 | +€24,804 | +20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,767 | €22,517 | +€5,750 | +34.3% |
| Other operating charges | 640/8 | €3,098 | €1,351 | -€1,747 | -56.4% |
| Gross operating margin | 9900 | €150,395 | €212,587 | +€62,193 | +41.4% |
| Operating profit (loss) | 9901 | €11,347 | €44,733 | +€33,386 | +294% |
| Financial income | 75/76B | €7,443 | €383 | -€7,060 | -94.9% |
| Recurring financial income | 75 | €7,443 | €383 | -€7,060 | -94.9% |
| Financial charges | 65/66B | €2,809 | €1,600 | -€1,210 | -43.1% |
| Recurring financial charges | 65 | €2,809 | €1,600 | -€1,210 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | €15,981 | €43,516 | +€27,535 | +172% |
| Income taxes | 67/77 | €5,045 | €3,956 | -€1,089 | -21.6% |
| Profit (loss) for the period | 9904 | €10,936 | €39,560 | +€28,624 | +262% |
| Profit (loss) for the period to be appropriated | 9905 | €10,936 | €39,560 | +€28,624 | +262% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.