roadvice: 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.
roadvice
Largest movements
- Current investments +€24,000
up €24,000 (+80.0%), from €30,000 to €54,000
- Cash -€5,983
down €5,983 (-7.5%), from €79,493 to €73,510
mainly Current investments (-€24,000) and Tax, wage and social debts (-€20,453)
- Receivables within one year -€3,710
down €3,710 (-3.7%), from €101,505 to €97,795
of which Trade receivables: -€6,845
- Tangible fixed assets -€2,425
down €2,425 (-14.2%), from €17,031 to €14,606
of which Furniture and vehicles: -€1,569
- Reserves +€26,442
up €26,442 (+14.5%), from €181,963 to €208,405
- Tax, wage and social debts -€20,453
down €20,453 (-91.1%), from €22,453 to €2,000
of which Taxes: -€22,453
- Other debts +€6,054
up €6,054 (+1,140%), from €531 to €6,585
- Current portion of long-term debt +€3,702
up €3,702 (+41.9%), from €8,825 to €12,527
- Financial charges -€2,117
down €2,117 (-43.3%), from €4,892 to €2,775
- Financial income +€1,755
up €1,755 (+36.2%), from €4,852 to €6,607
- Staff costs +€1,530
new in 2025: €1,530
- Gross operating margin +€1,050
up €1,050 (+2.5%), from €41,700 to €42,751
- Other operating charges -€964
down €964 (-39.6%), from €2,433 to €1,470
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 | €228,923 | €241,817 | +€12,894 | +5.6% |
| Fixed assets | 21/28 | €17,031 | €14,606 | -€2,425 | -14.2% |
| Tangible fixed assets | 22/27 | €17,031 | €14,606 | -€2,425 | -14.2% |
| Land and buildings | 22 | €10,413 | €10,052 | -€361 | -3.5% |
| Plant, machinery and equipment | 23 | €1,213 | €718 | -€496 | -40.8% |
| Furniture and vehicles | 24 | €5,405 | €3,836 | -€1,569 | -29.0% |
| Current assets | 29/58 | €211,892 | €227,211 | +€15,320 | +7.2% |
| Amounts receivable within one year | 40/41 | €101,505 | €97,795 | -€3,710 | -3.7% |
| Trade receivables | 40 | €24,995 | €18,150 | -€6,845 | -27.4% |
| Other amounts receivable | 41 | €76,510 | €79,645 | +€3,135 | +4.1% |
| Current investments | 50/53 | €30,000 | €54,000 | +€24,000 | +80.0% |
| Cash at bank and in hand | 54/58 | €79,493 | €73,510 | -€5,983 | -7.5% |
| Deferred charges and accrued income | 490/1 | €894 | €1,907 | +€1,012 | +113% |
| Total equity and liabilities | 10/49 | €228,923 | €241,817 | +€12,894 | +5.6% |
| Equity | 10/15 | €188,163 | €214,605 | +€26,442 | +14.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €181,963 | €208,405 | +€26,442 | +14.5% |
| Distributable reserves | 133 | €181,963 | €208,405 | +€26,442 | +14.5% |
| Amounts payable | 17/49 | €40,760 | €27,213 | -€13,547 | -33.2% |
| Amounts payable within one year | 42/48 | €37,853 | €25,338 | -€12,515 | -33.1% |
| Current portion of amounts payable after more than one year | 42 | €8,825 | €12,527 | +€3,702 | +41.9% |
| Trade debts | 44 | €6,044 | €4,226 | -€1,817 | -30.1% |
| Suppliers | 440/4 | €6,044 | €4,226 | -€1,817 | -30.1% |
| Taxes, remuneration and social security | 45 | €22,453 | €2,000 | -€20,453 | -91.1% |
| Taxes | 450/3 | €22,453 | - | -€22,453 | |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €531 | €6,585 | +€6,054 | +1,140% |
| Accrued charges and deferred income | 492/3 | €2,907 | €1,875 | -€1,032 | -35.5% |
| Non-recurring operating income | 76A | €6,335 | - | -€6,335 | |
| Remuneration, social security and pensions | 62 | - | €1,530 | +€1,530 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,723 | €3,993 | +€270 | +7.3% |
| Other operating charges | 640/8 | €2,433 | €1,470 | -€964 | -39.6% |
| Gross operating margin | 9900 | €41,700 | €42,751 | +€1,050 | +2.5% |
| Operating profit (loss) | 9901 | €35,544 | €35,758 | +€214 | +0.6% |
| Financial income | 75/76B | €4,852 | €6,607 | +€1,755 | +36.2% |
| Recurring financial income | 75 | €4,852 | €6,607 | +€1,755 | +36.2% |
| Financial charges | 65/66B | €4,892 | €2,775 | -€2,117 | -43.3% |
| Recurring financial charges | 65 | €4,892 | €2,775 | -€2,117 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | €35,504 | €39,590 | +€4,086 | +11.5% |
| Income taxes | 67/77 | €12,463 | €13,148 | +€686 | +5.5% |
| Profit (loss) for the period | 9904 | €23,041 | €26,442 | +€3,401 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,041 | €26,442 | +€3,401 | +14.8% |
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 15 October 2026 via checked.be.