R. et A. ROELS: what changed
What changed
R. et A. ROELS
NACE 46.833, Wholesale trade
filed annual accounts (NBB)
Net result for the year
€478,178
2024 · €593,063-€114,886
Equity
€6.2m
2024 · €6.0m+€238,178
Cash
€490,581
2024 · €338,343+€152,239
Balance sheet total
€8.7m
2024 · €8.7m+€36,115
Largest movements
Assets
- Financial fixed assets -€201,455
down €201,455 (-54.6%), from €368,678 to €167,223
of which Affiliated companies: -€200,000
- Cash +€152,239
up €152,239 (+45.0%), from €338,343 to €490,581
mainly Net result for the year (+€478,178) and Depreciation (+€205,055)
Equity and liabilities
- Debts after one year -€266,311
down €266,311 (-21.2%), from €1.3m to €989,577
of which Financial debts: -€266,311
- Profit (loss) carried forward +€238,178
up €238,178 (+8.1%), from €2.9m to €3.2m
- Trade debts +€191,380
up €191,380 (+35.3%), from €542,105 to €733,484
- Tax, wage and social debts -€128,653
down €128,653 (-25.8%), from €498,756 to €370,103
of which Taxes: -€154,226
Income statement
- Turnover +€1.9m
up €1.9m (+12.0%), from €16.0m to €17.9m
- Goods and materials +€1.5m
up €1.5m (+11.8%), from €12.5m to €14.0m
of which Purchases: +€1.1m
- Staff costs +€317,322
up €317,322 (+18.1%), from €1.8m to €2.1m
- Services and other goods +€194,920
up €194,920 (+23.5%), from €830,557 to €1.0m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€593,063
Turnover
+€1.9m
Other operating income
+€88,317
Goods and materials
-€1.5m
Services and other goods
-€194,920
Staff costs
-€317,322
Depreciation
-€15,930
Write-downs
-€93,367
Provisions
-€13,697
Other operating charges
-€30,860
Other operating items
+€37,373
Financial income
+€3,236
Financial charges
-€44,152
Taxes
+€32,816
Result 2025
€478,178
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€692,951
Investment
-€38,090
Financing
-€502,623
Cash 2024
€338,343
From operations (derived)
+€692,951
Net result for the year
+€478,178
Depreciation
+€205,055
Stocks and contracts
-€19,248
Receivables within one year
-€31,800
Smaller working-capital items
-€85
Trade debts
+€191,380
Tax, wage and social debts
-€128,653
Other debts
-€1,874
Investment (derived)
-€38,090
Investment in fixed assets (net)
-€38,090
Financing
-€502,623
Debts after one year
-€266,311
Current portion of long-term debt
+€3,687
Contributions, distributions and other
-€240,000
Cash 2025
€490,581
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,666,366 | €8,702,482 | +€36,115 | +0.4% |
| Fixed assets | 21/28 | €3,056,969 | €2,890,004 | -€166,966 | -5.5% |
| Intangible fixed assets | 21 | €22,334 | €92,137 | +€69,803 | +313% |
| Tangible fixed assets | 22/27 | €2,665,957 | €2,630,643 | -€35,314 | -1.3% |
| Land and buildings | 22 | €2,355,596 | €2,262,508 | -€93,087 | -4.0% |
| Plant, machinery and equipment | 23 | €121,456 | €135,237 | +€13,781 | +11.3% |
| Furniture and vehicles | 24 | €188,526 | €232,327 | +€43,800 | +23.2% |
| Other tangible fixed assets | 26 | €379 | €571 | +€192 | +50.6% |
| Financial fixed assets | 28 | €368,678 | €167,223 | -€201,455 | -54.6% |
| Affiliated companies | 280/1 | €200,000 | - | -€200,000 | |
| Participating interests | 280 | €200,000 | - | -€200,000 | |
| Companies linked by participating interests | 282/3 | €95,050 | €95,050 | = | 0.0% |
| Participating interests | 282 | €95,050 | €95,050 | = | 0.0% |
| Other financial fixed assets | 284/8 | €73,628 | €72,173 | -€1,455 | -2.0% |
| Amounts receivable and cash guarantees | 285/8 | €73,628 | €72,173 | -€1,455 | -2.0% |
| Current assets | 29/58 | €5,609,397 | €5,812,478 | +€203,081 | +3.6% |
| Stocks and contracts in progress | 3 | €2,684,016 | €2,703,264 | +€19,248 | +0.7% |
| Stocks | 30/36 | €2,684,016 | €2,703,264 | +€19,248 | +0.7% |
| Goods purchased for resale | 34 | €2,684,016 | €2,703,264 | +€19,248 | +0.7% |
| Amounts receivable within one year | 40/41 | €2,554,888 | €2,586,688 | +€31,800 | +1.2% |
| Trade receivables | 40 | €2,543,580 | €2,570,047 | +€26,467 | +1.0% |
| Other amounts receivable | 41 | €11,307 | €16,641 | +€5,333 | +47.2% |
| Cash at bank and in hand | 54/58 | €338,343 | €490,581 | +€152,239 | +45.0% |
| Deferred charges and accrued income | 490/1 | €32,151 | €31,945 | -€206 | -0.6% |
| Total equity and liabilities | 10/49 | €8,666,366 | €8,702,482 | +€36,115 | +0.4% |
| Equity | 10/15 | €5,956,207 | €6,194,384 | +€238,178 | +4.0% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €2,761,533 | €2,761,533 | = | 0.0% |
| Non-distributable reserves | 130/1 | €32,933 | €32,933 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,933 | €7,933 | = | 0.0% |
| Tax-exempt reserves | 132 | €235,510 | €235,510 | = | 0.0% |
| Distributable reserves | 133 | €2,493,091 | €2,493,091 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,944,673 | €3,182,851 | +€238,178 | +8.1% |
| Provisions and deferred taxes | 16 | €5,449 | €5,449 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €5,449 | €5,449 | = | 0.0% |
| Other liabilities and charges | 164/5 | €5,449 | €5,449 | = | 0.0% |
| Amounts payable | 17/49 | €2,704,711 | €2,502,649 | -€202,062 | -7.5% |
| Amounts payable after more than one year | 17 | €1,255,887 | €989,577 | -€266,311 | -21.2% |
| Financial debts | 170/4 | €1,254,821 | €988,511 | -€266,311 | -21.2% |
| Credit institutions | 173 | €999,821 | €733,511 | -€266,311 | -26.6% |
| Other loans | 174 | €255,000 | €255,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,066 | €1,066 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,447,414 | €1,511,954 | +€64,540 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €284,661 | €288,349 | +€3,687 | +1.3% |
| Trade debts | 44 | €542,105 | €733,484 | +€191,380 | +35.3% |
| Suppliers | 440/4 | €542,105 | €733,484 | +€191,380 | +35.3% |
| Taxes, remuneration and social security | 45 | €498,756 | €370,103 | -€128,653 | -25.8% |
| Taxes | 450/3 | €301,025 | €146,799 | -€154,226 | -51.2% |
| Remuneration and social security | 454/9 | €197,732 | €223,304 | +€25,572 | +12.9% |
| Other amounts payable | 47/48 | €121,892 | €120,018 | -€1,874 | -1.5% |
| Accrued charges and deferred income | 492/3 | €1,409 | €1,118 | -€291 | -20.7% |
| Operating income | 70/76A | €16,109,437 | €18,153,225 | +€2.0m | +12.7% |
| Turnover | 70 | €15,977,493 | €17,895,591 | +€1.9m | +12.0% |
| Other operating income | 74 | €131,944 | €220,262 | +€88,317 | +66.9% |
| Non-recurring operating income | 76A | - | €37,373 | +€37,373 | |
| Operating charges | 60/66A | €15,349,311 | €17,499,885 | +€2.2m | +14.0% |
| Goods for resale, raw materials and consumables | 60 | €12,539,279 | €14,023,757 | +€1.5m | +11.8% |
| Purchases | 600/8 | €12,761,641 | €13,859,632 | +€1.1m | +8.6% |
| Change in stocks: decrease (increase) | 609 | -€222,362 | €164,125 | +€386,487 | |
| Services and other goods | 61 | €830,557 | €1,025,478 | +€194,920 | +23.5% |
| Remuneration, social security and pensions | 62 | €1,750,107 | €2,067,429 | +€317,322 | +18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189,126 | €205,055 | +€15,930 | +8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€19,228 | €74,139 | +€93,367 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€13,697 | - | +€13,697 | |
| Other operating charges | 640/8 | €73,166 | €104,026 | +€30,860 | +42.2% |
| Operating profit (loss) | 9901 | €760,126 | €653,341 | -€106,786 | -14.0% |
| Financial income | 75/76B | €184,119 | €187,355 | +€3,236 | +1.8% |
| Recurring financial income | 75 | €184,119 | €187,355 | +€3,236 | +1.8% |
| Income from financial fixed assets | 750 | €2,661 | - | -€2,661 | |
| Income from current assets | 751 | €226 | - | -€226 | |
| Other financial income | 752/9 | €181,232 | €187,355 | +€6,123 | +3.4% |
| Financial charges | 65/66B | €126,801 | €170,953 | +€44,152 | +34.8% |
| Recurring financial charges | 65 | €126,801 | €170,953 | +€44,152 | +34.8% |
| Debt charges | 650 | €29,374 | €28,039 | -€1,335 | -4.5% |
| Other financial charges | 652/9 | €97,427 | €142,914 | +€45,487 | +46.7% |
| Profit (loss) for the period before taxes | 9903 | €817,444 | €669,743 | -€147,701 | -18.1% |
| Income taxes | 67/77 | €224,381 | €191,565 | -€32,816 | -14.6% |
| Taxes | 670/3 | €224,381 | €191,565 | -€32,816 | -14.6% |
| Profit (loss) for the period | 9904 | €593,063 | €478,178 | -€114,886 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €593,063 | €478,178 | -€114,886 | -19.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.