RODOLPHE GAILLARD: 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.
RODOLPHE GAILLARD
Largest movements
- Current investments +€18,696
up €18,696 (+45.1%), from €41,429 to €60,125
- Financial fixed assets +€12,000
up €12,000 (+30.8%), from €39,000 to €51,000
- Cash +€7,333
up €7,333 (+15.3%), from €47,817 to €55,150
mainly Net result for the year (+€33,269) and Other debts (+€6,209)
- Receivables within one year -€2,169
down €2,169 (-17.3%), from €12,529 to €10,360
of which Trade receivables: -€2,169
- Profit (loss) carried forward +€27,269
up €27,269 (+25.1%), from €108,525 to €135,794
- Other debts +€6,209
up €6,209 (+24.2%), from €25,616 to €31,825
- Tax, wage and social debts +€3,301
up €3,301 (+50.7%), from €6,512 to €9,813
- Financial charges +€2,915
up €2,915 (+89.0%), from €3,275 to €6,190
- Financial income +€2,361
up €2,361 (+90.9%), from €2,599 to €4,960
- Gross operating margin -€1,119
down €1,119 (-2.3%), from €47,791 to €46,672
- Taxes +€605
up €605 (+5.4%), from €11,269 to €11,874
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 | €162,872 | €200,250 | +€37,378 | +22.9% |
| Fixed assets | 21/28 | €43,076 | €55,076 | +€12,000 | +27.9% |
| Tangible fixed assets | 22/27 | €4,076 | €4,076 | = | 0.0% |
| Other tangible fixed assets | 26 | €4,076 | €4,076 | = | 0.0% |
| Financial fixed assets | 28 | €39,000 | €51,000 | +€12,000 | +30.8% |
| Current assets | 29/58 | €119,796 | €145,174 | +€25,378 | +21.2% |
| Amounts receivable after more than one year | 29 | €17,000 | €17,000 | = | 0.0% |
| Other amounts receivable | 291 | €17,000 | €17,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,529 | €10,360 | -€2,169 | -17.3% |
| Trade receivables | 40 | €12,100 | €9,931 | -€2,169 | -17.9% |
| Other amounts receivable | 41 | €429 | €429 | = | 0.0% |
| Current investments | 50/53 | €41,429 | €60,125 | +€18,696 | +45.1% |
| Cash at bank and in hand | 54/58 | €47,817 | €55,150 | +€7,333 | +15.3% |
| Deferred charges and accrued income | 490/1 | €1,021 | €2,538 | +€1,517 | +149% |
| Total equity and liabilities | 10/49 | €162,872 | €200,250 | +€37,378 | +22.9% |
| Equity | 10/15 | €128,985 | €156,254 | +€27,269 | +21.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,525 | €135,794 | +€27,269 | +25.1% |
| Amounts payable | 17/49 | €33,888 | €43,997 | +€10,109 | +29.8% |
| Amounts payable within one year | 42/48 | €32,687 | €42,354 | +€9,667 | +29.6% |
| Trade debts | 44 | €559 | €716 | +€157 | +28.0% |
| Suppliers | 440/4 | €559 | €716 | +€157 | +28.0% |
| Taxes, remuneration and social security | 45 | €6,512 | €9,813 | +€3,301 | +50.7% |
| Taxes | 450/3 | €6,512 | €9,813 | +€3,301 | +50.7% |
| Other amounts payable | 47/48 | €25,616 | €31,825 | +€6,209 | +24.2% |
| Accrued charges and deferred income | 492/3 | €1,201 | €1,643 | +€442 | +36.8% |
| Other operating charges | 640/8 | €289 | €298 | +€10 | +3.3% |
| Gross operating margin | 9900 | €47,791 | €46,672 | -€1,119 | -2.3% |
| Operating profit (loss) | 9901 | €47,503 | €46,374 | -€1,129 | -2.4% |
| Financial income | 75/76B | €2,599 | €4,960 | +€2,361 | +90.9% |
| Recurring financial income | 75 | €2,599 | €4,960 | +€2,361 | +90.9% |
| Financial charges | 65/66B | €3,275 | €6,190 | +€2,915 | +89.0% |
| Recurring financial charges | 65 | €3,275 | €6,190 | +€2,915 | +89.0% |
| Profit (loss) for the period before taxes | 9903 | €46,826 | €45,143 | -€1,683 | -3.6% |
| Income taxes | 67/77 | €11,269 | €11,874 | +€605 | +5.4% |
| Profit (loss) for the period | 9904 | €35,557 | €33,269 | -€2,288 | -6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,557 | €33,269 | -€2,288 | -6.4% |
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 31 October 2026 via checked.be.