Roelandt D.: 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.
Roelandt D.
Largest movements
- Receivables within one year +€72,945
up €72,945 (+475%), from €15,365 to €88,310
of which Other amounts receivable: +€72,945
- Tangible fixed assets -€16,718
down €16,718 (-23.2%), from €72,047 to €55,329
of which Leasing and similar rights: -€14,093
- Other debts +€393,729
up €393,729 (+851%), from €46,288 to €440,017
- Reserves -€327,265
down €327,265 (-83.6%), from €391,247 to €63,982
of which Distributable reserves: -€327,265
- Debts after one year -€16,578
down €16,578 (-28.5%), from €58,116 to €41,538
- Financial income +€75,014
up €75,014 (+5,000,913%), from €2 to €75,015
- Gross operating margin +€20,271
up €20,271 (+25.8%), from €78,576 to €98,847
- Depreciation +€11,317
up €11,317 (+385%), from €2,936 to €14,254
- Taxes +€3,991
up €3,991 (+22.2%), from €17,945 to €21,936
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 | €531,669 | €582,435 | +€50,766 | +9.5% |
| Fixed assets | 21/28 | €397,897 | €381,179 | -€16,718 | -4.2% |
| Tangible fixed assets | 22/27 | €72,047 | €55,329 | -€16,718 | -23.2% |
| Furniture and vehicles | 24 | €2,625 | €0 | -€2,625 | -100% |
| Leasing and similar rights | 25 | €69,422 | €55,329 | -€14,093 | -20.3% |
| Financial fixed assets | 28 | €325,850 | €325,850 | = | 0.0% |
| Current assets | 29/58 | €133,772 | €201,256 | +€67,484 | +50.4% |
| Amounts receivable within one year | 40/41 | €15,365 | €88,310 | +€72,945 | +475% |
| Trade receivables | 40 | €13,310 | €13,310 | = | 0.0% |
| Other amounts receivable | 41 | €2,055 | €75,000 | +€72,945 | +3,550% |
| Cash at bank and in hand | 54/58 | €115,772 | €111,002 | -€4,771 | -4.1% |
| Deferred charges and accrued income | 490/1 | €2,636 | €1,944 | -€691 | -26.2% |
| Total equity and liabilities | 10/49 | €531,669 | €582,435 | +€50,766 | +9.5% |
| Equity | 10/15 | €409,847 | €82,582 | -€327,265 | -79.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €391,247 | €63,982 | -€327,265 | -83.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €389,387 | €62,122 | -€327,265 | -84.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €121,822 | €499,853 | +€378,031 | +310% |
| Amounts payable after more than one year | 17 | €58,116 | €41,538 | -€16,578 | -28.5% |
| Financial debts | 170/4 | €58,116 | €41,538 | -€16,578 | -28.5% |
| Amounts payable within one year | 42/48 | €63,706 | €458,315 | +€394,608 | +619% |
| Current portion of amounts payable after more than one year | 42 | €10,205 | €13,642 | +€3,436 | +33.7% |
| Trade debts | 44 | €6,196 | €703 | -€5,493 | -88.7% |
| Suppliers | 440/4 | €6,196 | €703 | -€5,493 | -88.7% |
| Taxes, remuneration and social security | 45 | €1,017 | €3,953 | +€2,936 | +289% |
| Taxes | 450/3 | €1,017 | €3,953 | +€2,936 | +289% |
| Other amounts payable | 47/48 | €46,288 | €440,017 | +€393,729 | +851% |
| Non-recurring operating income | 76A | - | €30,593 | +€30,593 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,936 | €14,254 | +€11,317 | +385% |
| Other operating charges | 640/8 | €866 | €745 | -€120 | -13.9% |
| Gross operating margin | 9900 | €78,576 | €98,847 | +€20,271 | +25.8% |
| Operating profit (loss) | 9901 | €74,774 | €83,848 | +€9,074 | +12.1% |
| Financial income | 75/76B | €2 | €75,015 | +€75,014 | +5,000,913% |
| Recurring financial income | 75 | €2 | €75,015 | +€75,014 | +5,000,913% |
| Financial charges | 65/66B | €719 | €192 | -€527 | -73.3% |
| Recurring financial charges | 65 | €719 | €192 | -€527 | -73.3% |
| Profit (loss) for the period before taxes | 9903 | €74,056 | €158,671 | +€84,615 | +114% |
| Income taxes | 67/77 | €17,945 | €21,936 | +€3,991 | +22.2% |
| Profit (loss) for the period | 9904 | €56,111 | €136,735 | +€80,624 | +144% |
| Profit (loss) for the period to be appropriated | 9905 | €56,111 | €136,735 | +€80,624 | +144% |
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 21 October 2026 via checked.be.