ROADKING: what changed
Two fiscal 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.
ROADKING
Largest movements
- Cash -€14,070
down €14,070 (-45.4%), from €30,990 to €16,920
mainly Debts after one year (-€15,814) and Trade debts (-€7,772)
- Tangible fixed assets -€8,135
down €8,135 (-13.6%), from €59,631 to €51,496
of which Other tangible fixed assets: -€6,621
- Receivables within one year +€2,003
up €2,003 (+15.9%), from €12,632 to €14,635
of which Trade receivables: +€1,777
- Debts after one year -€15,814
down €15,814 (-30.6%), from €51,597 to €35,783
of which Trade debts: -€12,697
- Reserves +€11,202
new in 2025: €11,202
- Trade debts -€7,772
down €7,772 (-66.2%), from €11,744 to €3,972
- Tax, wage and social debts -€5,383
down €5,383 (-31.1%), from €17,323 to €11,939
of which Remuneration and social security: -€5,178
- Profit (loss) carried forward -€5,262
no longer reported in 2025 (was €5,262)
- Staff costs -€45,753
down €45,753 (-54.0%), from €84,790 to €39,037
- Gross operating margin -€32,945
down €32,945 (-36.3%), from €90,806 to €57,861
- Depreciation +€1,028
up €1,028 (+14.5%), from €7,107 to €8,135
- Other operating charges +€1,007
up €1,007 (+95.5%), from €1,054 to €2,062
- Taxes +€934
new in 2025: €934
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.
Cash bridge derived
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 | €115,515 | €95,828 | -€19,687 | -17.0% |
| Fixed assets | 21/28 | €64,595 | €56,460 | -€8,135 | -12.6% |
| Tangible fixed assets | 22/27 | €59,631 | €51,496 | -€8,135 | -13.6% |
| Plant, machinery and equipment | 23 | €3,422 | €2,738 | -€684 | -20.0% |
| Furniture and vehicles | 24 | €4,160 | €3,331 | -€829 | -19.9% |
| Other tangible fixed assets | 26 | €52,050 | €45,428 | -€6,621 | -12.7% |
| Financial fixed assets | 28 | €4,963 | €4,963 | = | 0.0% |
| Current assets | 29/58 | €50,920 | €39,368 | -€11,552 | -22.7% |
| Stocks and contracts in progress | 3 | €7,298 | €7,298 | = | 0.0% |
| Stocks | 30/36 | €7,298 | €7,298 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,632 | €14,635 | +€2,003 | +15.9% |
| Trade receivables | 40 | €12,577 | €14,354 | +€1,777 | +14.1% |
| Other amounts receivable | 41 | €55 | €281 | +€226 | +410.3% |
| Cash at bank and in hand | 54/58 | €30,990 | €16,920 | -€14,070 | -45.4% |
| Deferred charges and accrued income | 490/1 | - | €515 | +€515 | |
| Total equity and liabilities | 10/49 | €115,515 | €95,828 | -€19,687 | -17.0% |
| Equity | 10/15 | €15,262 | €21,202 | +€5,940 | +38.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €11,202 | +€11,202 | |
| Distributable reserves | 133 | - | €11,202 | +€11,202 | |
| Profit (loss) carried forward | 14 | €5,262 | - | -€5,262 | |
| Amounts payable | 17/49 | €100,253 | €74,626 | -€25,627 | -25.6% |
| Amounts payable after more than one year | 17 | €51,597 | €35,783 | -€15,814 | -30.6% |
| Financial debts | 170/4 | €11,597 | €8,480 | -€3,117 | -26.9% |
| Trade debts | 175 | €40,000 | €27,303 | -€12,697 | -31.7% |
| Amounts payable within one year | 42/48 | €48,656 | €38,843 | -€9,813 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €2,971 | €3,117 | +€146 | +4.9% |
| Trade debts | 44 | €11,744 | €3,972 | -€7,772 | -66.2% |
| Suppliers | 440/4 | €11,744 | €3,972 | -€7,772 | -66.2% |
| Taxes, remuneration and social security | 45 | €17,323 | €11,939 | -€5,383 | -31.1% |
| Taxes | 450/3 | €5,650 | €5,444 | -€206 | -3.6% |
| Remuneration and social security | 454/9 | €11,673 | €6,495 | -€5,178 | -44.4% |
| Other amounts payable | 47/48 | €16,619 | €19,815 | +€3,196 | +19.2% |
| Remuneration, social security and pensions | 62 | €84,790 | €39,037 | -€45,753 | -54.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,107 | €8,135 | +€1,028 | +14.5% |
| Other operating charges | 640/8 | €1,054 | €2,062 | +€1,007 | +95.5% |
| Gross operating margin | 9900 | €90,806 | €57,861 | -€32,945 | -36.3% |
| Operating profit (loss) | 9901 | -€2,145 | €8,627 | +€10,773 | |
| Financial income | 75/76B | €4 | €9 | +€5 | +113.4% |
| Recurring financial income | 75 | €4 | €9 | +€5 | +113.4% |
| Financial charges | 65/66B | €1,600 | €1,762 | +€162 | +10.1% |
| Recurring financial charges | 65 | €1,600 | €1,762 | +€162 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,742 | €6,874 | +€10,615 | |
| Income taxes | 67/77 | - | €934 | +€934 | |
| Profit (loss) for the period | 9904 | -€3,742 | €5,940 | +€9,681 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,742 | €5,940 | +€9,681 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.