LE ROEULX MED: 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 ROEULX MED
Largest movements
- Tangible fixed assets +€67,763
up €67,763 (+37.3%), from €181,607 to €249,370
of which Furniture and vehicles: +€81,413
- Current investments +€51,598
up €51,598 (+9.7%), from €531,766 to €583,364
- Receivables after one year -€25,000
down €25,000 (-50.0%), from €50,000 to €25,000
- Cash -€14,644
down €14,644 (-50.7%), from €28,880 to €14,237
mainly Contributions, distributions and other (-€99,000) and Investment in fixed assets (net) (-€93,803)
- Receivables within one year -€13,382
down €13,382 (-18.9%), from €70,910 to €57,528
- Reserves +€45,100
up €45,100 (+6.3%), from €721,265 to €766,365
of which Distributable reserves: +€45,100
- Other debts +€28,896
up €28,896 (+189%), from €15,308 to €44,204
- Gross operating margin -€16,242
down €16,242 (-6.3%), from €259,287 to €243,045
- Financial income +€12,634
up €12,634 (+106%), from €11,905 to €24,539
of which Non-recurring financial income: +€18,271
- Depreciation -€2,867
down €2,867 (-9.9%), from €28,907 to €26,040
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 | €875,075 | €942,142 | +€67,066 | +7.7% |
| Fixed assets | 21/28 | €181,607 | €249,370 | +€67,763 | +37.3% |
| Tangible fixed assets | 22/27 | €181,607 | €249,370 | +€67,763 | +37.3% |
| Land and buildings | 22 | €150,117 | €142,111 | -€8,006 | -5.3% |
| Plant, machinery and equipment | 23 | €13,210 | €10,911 | -€2,299 | -17.4% |
| Furniture and vehicles | 24 | €6,159 | €87,572 | +€81,413 | +1,322% |
| Other tangible fixed assets | 26 | €12,122 | €8,777 | -€3,345 | -27.6% |
| Current assets | 29/58 | €693,468 | €692,772 | -€697 | -0.1% |
| Amounts receivable after more than one year | 29 | €50,000 | €25,000 | -€25,000 | -50.0% |
| Other amounts receivable | 291 | €50,000 | €25,000 | -€25,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €70,910 | €57,528 | -€13,382 | -18.9% |
| Trade receivables | 40 | €70,910 | €57,528 | -€13,382 | -18.9% |
| Current investments | 50/53 | €531,766 | €583,364 | +€51,598 | +9.7% |
| Cash at bank and in hand | 54/58 | €28,880 | €14,237 | -€14,644 | -50.7% |
| Deferred charges and accrued income | 490/1 | €11,912 | €12,643 | +€731 | +6.1% |
| Total equity and liabilities | 10/49 | €875,075 | €942,142 | +€67,066 | +7.7% |
| Equity | 10/15 | €815,480 | €860,581 | +€45,101 | +5.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €721,265 | €766,365 | +€45,100 | +6.3% |
| Tax-exempt reserves | 132 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €717,265 | €762,365 | +€45,100 | +6.3% |
| Profit (loss) carried forward | 14 | €81,815 | €81,816 | +€1 | 0.0% |
| Amounts payable | 17/49 | €59,596 | €81,561 | +€21,965 | +36.9% |
| Amounts payable within one year | 42/48 | €59,246 | €81,519 | +€22,273 | +37.6% |
| Current portion of amounts payable after more than one year | 42 | €17,000 | €16,945 | -€55 | -0.3% |
| Trade debts | 44 | €1,431 | €2,421 | +€990 | +69.2% |
| Suppliers | 440/4 | €1,431 | €2,421 | +€990 | +69.2% |
| Taxes, remuneration and social security | 45 | €25,508 | €17,949 | -€7,559 | -29.6% |
| Taxes | 450/3 | €19,888 | €12,406 | -€7,483 | -37.6% |
| Remuneration and social security | 454/9 | €5,619 | €5,543 | -€76 | -1.4% |
| Other amounts payable | 47/48 | €15,308 | €44,204 | +€28,896 | +189% |
| Accrued charges and deferred income | 492/3 | €350 | €42 | -€307 | -88.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €27,923 | €28,479 | +€557 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,907 | €26,040 | -€2,867 | -9.9% |
| Other operating charges | 640/8 | €3,004 | €2,453 | -€551 | -18.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €259,287 | €243,045 | -€16,242 | -6.3% |
| Operating profit (loss) | 9901 | €199,454 | €186,072 | -€13,381 | -6.7% |
| Financial income | 75/76B | €11,905 | €24,539 | +€12,634 | +106% |
| Recurring financial income | 75 | €11,905 | €6,268 | -€5,637 | -47.3% |
| Non-recurring financial income | 76B | - | €18,271 | +€18,271 | |
| Financial charges | 65/66B | €2,117 | €3,206 | +€1,089 | +51.4% |
| Recurring financial charges | 65 | €2,117 | €3,206 | +€1,089 | +51.4% |
| Profit (loss) for the period before taxes | 9903 | €209,242 | €207,406 | -€1,836 | -0.9% |
| Income taxes | 67/77 | €63,756 | €63,305 | -€451 | -0.7% |
| Profit (loss) for the period | 9904 | €145,486 | €144,101 | -€1,385 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €145,486 | €144,101 | -€1,385 | -1.0% |
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 24 October 2026 via checked.be.