LE ROY RINASSUR: 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 ROY RINASSUR
Largest movements
- Cash +€435,071
up €435,071 (+25.8%), from €1.7m to €2.1m
mainly Current investments (+€363,950) and Net result for the year (+€232,483)
- Current investments -€363,950
down €363,950 (-43.6%), from €834,431 to €470,482
- Reserves +€87,683
up €87,683 (+3.7%), from €2.3m to €2.4m
- Other debts -€38,289
down €38,289 (-20.7%), from €184,655 to €146,366
- Financial charges -€48,473
down €48,473, from €20,139 to -€28,334
- Gross operating margin +€17,722
up €17,722 (+5.4%), from €327,964 to €345,686
- Taxes +€11,105
up €11,105 (+13.5%), from €82,304 to €93,408
- Financial income +€4,731
up €4,731 (+19.0%), from €24,936 to €29,666
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 | €2,614,965 | €2,654,443 | +€39,478 | +1.5% |
| Fixed assets | 21/28 | €60,594 | €42,970 | -€17,624 | -29.1% |
| Tangible fixed assets | 22/27 | €60,390 | €42,766 | -€17,624 | -29.2% |
| Furniture and vehicles | 24 | €47,922 | €34,567 | -€13,355 | -27.9% |
| Other tangible fixed assets | 26 | €12,467 | €8,199 | -€4,269 | -34.2% |
| Financial fixed assets | 28 | €204 | €204 | = | 0.0% |
| Current assets | 29/58 | €2,554,371 | €2,611,473 | +€57,102 | +2.2% |
| Amounts receivable within one year | 40/41 | €24,902 | €17,148 | -€7,754 | -31.1% |
| Trade receivables | 40 | €21,778 | €17,148 | -€4,629 | -21.3% |
| Other amounts receivable | 41 | €3,124 | - | -€3,124 | |
| Current investments | 50/53 | €834,431 | €470,482 | -€363,950 | -43.6% |
| Cash at bank and in hand | 54/58 | €1,685,472 | €2,120,543 | +€435,071 | +25.8% |
| Deferred charges and accrued income | 490/1 | €9,566 | €3,300 | -€6,266 | -65.5% |
| Total equity and liabilities | 10/49 | €2,614,965 | €2,654,443 | +€39,478 | +1.5% |
| Equity | 10/15 | €2,359,480 | €2,447,163 | +€87,683 | +3.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,340,888 | €2,428,571 | +€87,683 | +3.7% |
| Distributable reserves | 133 | €2,340,888 | €2,428,571 | +€87,683 | +3.7% |
| Amounts payable | 17/49 | €255,485 | €207,279 | -€48,205 | -18.9% |
| Amounts payable within one year | 42/48 | €250,510 | €207,279 | -€43,231 | -17.3% |
| Trade debts | 44 | €11,992 | €1,185 | -€10,807 | -90.1% |
| Suppliers | 440/4 | €11,992 | €1,185 | -€10,807 | -90.1% |
| Taxes, remuneration and social security | 45 | €53,863 | €59,728 | +€5,865 | +10.9% |
| Taxes | 450/3 | €37,808 | €43,191 | +€5,383 | +14.2% |
| Remuneration and social security | 454/9 | €16,055 | €16,537 | +€482 | +3.0% |
| Other amounts payable | 47/48 | €184,655 | €146,366 | -€38,289 | -20.7% |
| Accrued charges and deferred income | 492/3 | €4,974 | - | -€4,974 | |
| Remuneration, social security and pensions | 62 | €54,585 | €54,256 | -€329 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,119 | €20,576 | +€1,457 | +7.6% |
| Other operating charges | 640/8 | €3,611 | €2,964 | -€647 | -17.9% |
| Gross operating margin | 9900 | €327,964 | €345,686 | +€17,722 | +5.4% |
| Operating profit (loss) | 9901 | €250,650 | €267,891 | +€17,241 | +6.9% |
| Financial income | 75/76B | €24,936 | €29,666 | +€4,731 | +19.0% |
| Recurring financial income | 75 | €24,936 | €29,666 | +€4,731 | +19.0% |
| Financial charges | 65/66B | €20,139 | -€28,334 | -€48,473 | |
| Recurring financial charges | 65 | €20,139 | -€28,334 | -€48,473 | |
| Profit (loss) for the period before taxes | 9903 | €255,446 | €325,891 | +€70,445 | +27.6% |
| Income taxes | 67/77 | €82,304 | €93,408 | +€11,105 | +13.5% |
| Profit (loss) for the period | 9904 | €173,143 | €232,483 | +€59,340 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €173,143 | €232,483 | +€59,340 | +34.3% |
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.