Le Rocher: 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.
Le Rocher
Largest movements
- Cash +€87,348
up €87,348 (+38.2%), from €228,730 to €316,079
mainly Net result for the year (+€126,777) and Depreciation (+€54,489)
- Tangible fixed assets -€37,995
down €37,995 (-12.4%), from €306,349 to €268,354
of which Furniture and vehicles: -€23,782
- Current investments -€30,020
down €30,020 (-38.9%), from €77,107 to €47,088
- Receivables within one year +€15,550
up €15,550 (+27.2%), from €57,200 to €72,751
of which Trade receivables: +€15,550
- Other debts +€37,060
up €37,060 (+45.1%), from €82,091 to €119,152
- Reserves +€12,232
up €12,232 (+2.7%), from €461,239 to €473,471
of which Distributable reserves: +€12,232
- Tax, wage and social debts -€10,373
down €10,373 (-23.1%), from €44,833 to €34,460
of which Taxes: -€7,024
- Financial income +€77,750
up €77,750 (+4,777%), from €1,628 to €79,377
- Taxes +€5,867
up €5,867 (+20.0%), from €29,325 to €35,191
- Gross operating margin -€2,809
down €2,809 (-1.9%), from €145,659 to €142,850
- Depreciation +€1,631
up €1,631 (+3.1%), from €52,858 to €54,489
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 | €671,888 | €708,075 | +€36,187 | +5.4% |
| Fixed assets | 21/28 | €308,849 | €270,854 | -€37,995 | -12.3% |
| Tangible fixed assets | 22/27 | €306,349 | €268,354 | -€37,995 | -12.4% |
| Land and buildings | 22 | €234,393 | €215,740 | -€18,653 | -8.0% |
| Plant, machinery and equipment | 23 | - | €4,440 | +€4,440 | |
| Furniture and vehicles | 24 | €71,956 | €48,174 | -€23,782 | -33.1% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €363,038 | €437,221 | +€74,183 | +20.4% |
| Amounts receivable within one year | 40/41 | €57,200 | €72,751 | +€15,550 | +27.2% |
| Trade receivables | 40 | €57,200 | €72,751 | +€15,550 | +27.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €77,107 | €47,088 | -€30,020 | -38.9% |
| Cash at bank and in hand | 54/58 | €228,730 | €316,079 | +€87,348 | +38.2% |
| Deferred charges and accrued income | 490/1 | €0 | €1,304 | +€1,304 | |
| Total equity and liabilities | 10/49 | €671,888 | €708,075 | +€36,187 | +5.4% |
| Equity | 10/15 | €522,118 | €534,350 | +€12,232 | +2.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €461,239 | €473,471 | +€12,232 | +2.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €555 | €555 | = | 0.0% |
| Distributable reserves | 133 | €458,825 | €471,057 | +€12,232 | +2.7% |
| Profit (loss) carried forward | 14 | €42,287 | €42,287 | = | 0.0% |
| Amounts payable | 17/49 | €149,770 | €173,725 | +€23,955 | +16.0% |
| Amounts payable after more than one year | 17 | €3,128 | €0 | -€3,128 | -100% |
| Financial debts | 170/4 | €3,128 | €0 | -€3,128 | -100% |
| Amounts payable within one year | 42/48 | €139,181 | €163,772 | +€24,590 | +17.7% |
| Current portion of amounts payable after more than one year | 42 | €7,445 | €3,128 | -€4,317 | -58.0% |
| Trade debts | 44 | €4,812 | €7,032 | +€2,220 | +46.1% |
| Suppliers | 440/4 | €4,812 | €7,032 | +€2,220 | +46.1% |
| Taxes, remuneration and social security | 45 | €44,833 | €34,460 | -€10,373 | -23.1% |
| Taxes | 450/3 | €41,484 | €34,460 | -€7,024 | -16.9% |
| Remuneration and social security | 454/9 | €3,349 | €0 | -€3,349 | -100% |
| Other amounts payable | 47/48 | €82,091 | €119,152 | +€37,060 | +45.1% |
| Accrued charges and deferred income | 492/3 | €7,460 | €9,953 | +€2,493 | +33.4% |
| Non-recurring operating income | 76A | €0 | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €0 | €107 | +€107 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,858 | €54,489 | +€1,631 | +3.1% |
| Other operating charges | 640/8 | €3,510 | €4,267 | +€758 | +21.6% |
| Gross operating margin | 9900 | €145,659 | €142,850 | -€2,809 | -1.9% |
| Operating profit (loss) | 9901 | €89,291 | €83,987 | -€5,304 | -5.9% |
| Financial income | 75/76B | €1,628 | €79,377 | +€77,750 | +4,777% |
| Recurring financial income | 75 | €1,628 | €79,377 | +€77,750 | +4,777% |
| Financial charges | 65/66B | €1,477 | €1,396 | -€81 | -5.5% |
| Recurring financial charges | 65 | €1,477 | €1,396 | -€81 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €89,442 | €161,968 | +€72,527 | +81.1% |
| Income taxes | 67/77 | €29,325 | €35,191 | +€5,867 | +20.0% |
| Profit (loss) for the period | 9904 | €60,117 | €126,777 | +€66,660 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €60,117 | €126,777 | +€66,660 | +111% |
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 15 October 2026 via checked.be.