LE ROPIEUR: 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 ROPIEUR
Largest movements
- Cash +€33,485
up €33,485 (+158%), from €21,235 to €54,720
mainly Net result for the year (+€24,408) and Depreciation (+€10,718)
- Stocks and contracts +€6,912
up €6,912 (+125%), from €5,550 to €12,462
- Intangible fixed assets -€5,000
down €5,000 (-12.5%), from €40,000 to €35,000
- Receivables within one year -€2,938
down €2,938 (-21.5%), from €13,664 to €10,726
of which Trade receivables: -€6,767
- Reserves +€24,408
up €24,408 (+57.3%), from €42,587 to €66,995
- Tax, wage and social debts +€8,980
up €8,980 (+30.9%), from €29,051 to €38,031
of which Taxes: +€9,922
- Gross operating margin +€28,053
up €28,053 (+26.1%), from €107,621 to €135,674
- Staff costs +€15,890
up €15,890 (+22.5%), from €70,728 to €86,618
- Taxes +€5,385
up €5,385 (+110%), from €4,897 to €10,282
- Financial charges -€4,353
down €4,353 (-99.2%), from €4,388 to €35
- Depreciation +€2,581
up €2,581 (+31.7%), from €8,137 to €10,718
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 | €109,530 | €141,942 | +€32,412 | +29.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €68,924 | €63,839 | -€5,085 | -7.4% |
| Intangible fixed assets | 21 | €40,000 | €35,000 | -€5,000 | -12.5% |
| Tangible fixed assets | 22/27 | €21,614 | €21,529 | -€85 | -0.4% |
| Land and buildings | 22 | €1,214 | €1,089 | -€125 | -10.3% |
| Plant, machinery and equipment | 23 | €4,917 | €8,348 | +€3,431 | +69.8% |
| Furniture and vehicles | 24 | €15,483 | €12,092 | -€3,391 | -21.9% |
| Financial fixed assets | 28 | €7,310 | €7,310 | = | 0.0% |
| Current assets | 29/58 | €40,606 | €78,103 | +€37,497 | +92.3% |
| Stocks and contracts in progress | 3 | €5,550 | €12,462 | +€6,912 | +125% |
| Stocks | 30/36 | €5,550 | €12,462 | +€6,912 | +125% |
| Amounts receivable within one year | 40/41 | €13,664 | €10,726 | -€2,938 | -21.5% |
| Trade receivables | 40 | €6,936 | €169 | -€6,767 | -97.6% |
| Other amounts receivable | 41 | €6,728 | €10,558 | +€3,829 | +56.9% |
| Cash at bank and in hand | 54/58 | €21,235 | €54,720 | +€33,485 | +158% |
| Deferred charges and accrued income | 490/1 | €157 | €195 | +€38 | +24.0% |
| Total equity and liabilities | 10/49 | €109,530 | €141,942 | +€32,412 | +29.6% |
| Equity | 10/15 | €62,587 | €86,995 | +€24,408 | +39.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €42,587 | €66,995 | +€24,408 | +57.3% |
| Distributable reserves | 133 | €42,587 | €66,995 | +€24,408 | +57.3% |
| Amounts payable | 17/49 | €46,943 | €54,947 | +€8,004 | +17.0% |
| Amounts payable within one year | 42/48 | €46,943 | €54,947 | +€8,004 | +17.0% |
| Financial debts | 43 | - | €330 | +€330 | |
| Credit institutions | 430/8 | - | €330 | +€330 | |
| Trade debts | 44 | €17,892 | €16,586 | -€1,306 | -7.3% |
| Suppliers | 440/4 | €17,892 | €16,586 | -€1,306 | -7.3% |
| Taxes, remuneration and social security | 45 | €29,051 | €38,031 | +€8,980 | +30.9% |
| Taxes | 450/3 | €19,878 | €29,801 | +€9,922 | +49.9% |
| Remuneration and social security | 454/9 | €9,173 | €8,230 | -€942 | -10.3% |
| Non-recurring operating income | 76A | €212 | - | -€212 | |
| Remuneration, social security and pensions | 62 | €70,728 | €86,618 | +€15,890 | +22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,137 | €10,718 | +€2,581 | +31.7% |
| Other operating charges | 640/8 | €2,011 | €3,771 | +€1,761 | +87.6% |
| Non-recurring operating charges | 66A | €58 | €373 | +€315 | +539% |
| Gross operating margin | 9900 | €107,621 | €135,674 | +€28,053 | +26.1% |
| Operating profit (loss) | 9901 | €26,687 | €34,193 | +€7,506 | +28.1% |
| Financial income | 75/76B | €157 | €531 | +€374 | +238% |
| Recurring financial income | 75 | €157 | €531 | +€374 | +238% |
| Financial charges | 65/66B | €4,388 | €35 | -€4,353 | -99.2% |
| Recurring financial charges | 65 | €4,388 | €35 | -€4,353 | -99.2% |
| Profit (loss) for the period before taxes | 9903 | €22,457 | €34,690 | +€12,233 | +54.5% |
| Income taxes | 67/77 | €4,897 | €10,282 | +€5,385 | +110% |
| Profit (loss) for the period | 9904 | €17,559 | €24,408 | +€6,848 | +39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,559 | €24,408 | +€6,848 | +39.0% |
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 23 October 2026 via checked.be.