ROELANTS DECORATIONS: what changed
What changed
ROELANTS DECORATIONS
NACE 43.341, Painting of buildings
filed annual accounts (NBB)
Net result for the year
€122,273
2024 · €162,439-€40,166
Equity
€221,576
2024 · €254,670-€33,093
Cash
€156,688
2024 · €144,087+€12,600
Balance sheet total
€859,474
2024 · €897,220-€37,745
Largest movements
Assets
- Current investments -€65,000
down €65,000 (-100%), from €65,000 to €0
- Deferred charges and accrued income -€15,150
down €15,150 (-44.5%), from €34,080 to €18,930
- Stocks and contracts +€13,573
up €13,573 (+444%), from €3,058 to €16,631
- Cash +€12,600
up €12,600 (+8.7%), from €144,087 to €156,688
mainly Net result for the year (+€122,273) and Depreciation (+€99,222)
Equity and liabilities
- Reserves -€33,093
down €33,093 (-14.0%), from €236,070 to €202,976
- Tax, wage and social debts -€32,199
down €32,199 (-56.9%), from €56,594 to €24,395
of which Taxes: -€25,464
- Other debts +€19,292
up €19,292 (+16.1%), from €119,522 to €138,815
- Current portion of long-term debt +€14,767
up €14,767 (+32.3%), from €45,693 to €60,460
Income statement
- Depreciation +€36,706
up €36,706 (+58.7%), from €62,516 to €99,222
- Gross operating margin -€21,985
down €21,985 (-3.6%), from €604,179 to €582,194
- Staff costs -€20,404
down €20,404 (-6.7%), from €305,589 to €285,185
- Taxes -€14,968
down €14,968 (-25.0%), from €59,813 to €44,845
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
€162,439
Gross operating margin
-€21,985
Staff costs
+€20,404
Depreciation
-€36,706
Write-downs
-€1,125
Other operating charges
-€81
Other operating items
-€14,098
Financial income
-€1,116
Financial charges
-€427
Taxes
+€14,968
Result 2025
€122,273
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
+€196,155
Investment
-€41,559
Financing
-€141,997
Cash 2024
€144,087
From operations (derived)
+€196,155
Net result for the year
+€122,273
Depreciation
+€99,222
Stocks and contracts
-€13,573
Receivables within one year
-€8,895
Deferred charges and accrued income
+€15,150
Trade debts
-€2,082
Tax, wage and social debts
-€32,199
Other debts
+€19,292
Accrued charges and deferred income
-€3,032
Investment (derived)
-€41,559
Investment in fixed assets (net)
-€106,559
Current investments
+€65,000
Financing
-€141,997
Debts after one year
-€1,397
Current portion of long-term debt
+€14,767
Contributions, distributions and other
-€155,366
Cash 2025
€156,688
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €897,220 | €859,474 | -€37,745 | -4.2% |
| Fixed assets | 21/28 | €627,890 | €635,226 | +€7,336 | +1.2% |
| Intangible fixed assets | 21 | €1,960 | €1,435 | -€524 | -26.8% |
| Tangible fixed assets | 22/27 | €625,930 | €633,791 | +€7,861 | +1.3% |
| Land and buildings | 22 | €301,060 | €282,675 | -€18,385 | -6.1% |
| Plant, machinery and equipment | 23 | €14,254 | €10,223 | -€4,030 | -28.3% |
| Furniture and vehicles | 24 | €213,345 | €231,443 | +€18,099 | +8.5% |
| Other tangible fixed assets | 26 | €97,272 | €109,449 | +€12,178 | +12.5% |
| Current assets | 29/58 | €269,330 | €224,248 | -€45,082 | -16.7% |
| Stocks and contracts in progress | 3 | €3,058 | €16,631 | +€13,573 | +444% |
| Stocks | 30/36 | €3,058 | €16,631 | +€13,573 | +444% |
| Amounts receivable within one year | 40/41 | €23,105 | €32,000 | +€8,895 | +38.5% |
| Trade receivables | 40 | €16,698 | €32,000 | +€15,302 | +91.6% |
| Other amounts receivable | 41 | €6,407 | €0 | -€6,407 | -100% |
| Current investments | 50/53 | €65,000 | €0 | -€65,000 | -100% |
| Cash at bank and in hand | 54/58 | €144,087 | €156,688 | +€12,600 | +8.7% |
| Deferred charges and accrued income | 490/1 | €34,080 | €18,930 | -€15,150 | -44.5% |
| Total equity and liabilities | 10/49 | €897,220 | €859,474 | -€37,745 | -4.2% |
| Equity | 10/15 | €254,670 | €221,576 | -€33,093 | -13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €236,070 | €202,976 | -€33,093 | -14.0% |
| Distributable reserves | 133 | €236,070 | €202,976 | -€33,093 | -14.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €642,550 | €637,898 | -€4,652 | -0.7% |
| Amounts payable after more than one year | 17 | €386,276 | €384,879 | -€1,397 | -0.4% |
| Financial debts | 170/4 | €386,276 | €384,879 | -€1,397 | -0.4% |
| Amounts payable within one year | 42/48 | €253,241 | €253,019 | -€222 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €45,693 | €60,460 | +€14,767 | +32.3% |
| Trade debts | 44 | €31,431 | €29,349 | -€2,082 | -6.6% |
| Suppliers | 440/4 | €31,431 | €29,349 | -€2,082 | -6.6% |
| Taxes, remuneration and social security | 45 | €56,594 | €24,395 | -€32,199 | -56.9% |
| Taxes | 450/3 | €46,243 | €20,778 | -€25,464 | -55.1% |
| Remuneration and social security | 454/9 | €10,352 | €3,617 | -€6,735 | -65.1% |
| Other amounts payable | 47/48 | €119,522 | €138,815 | +€19,292 | +16.1% |
| Accrued charges and deferred income | 492/3 | €3,032 | €0 | -€3,032 | -100% |
| Non-recurring operating income | 76A | €15,053 | €0 | -€15,053 | -100% |
| Remuneration, social security and pensions | 62 | €305,589 | €285,185 | -€20,404 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,516 | €99,222 | +€36,706 | +58.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,125 | €0 | +€1,125 | |
| Other operating charges | 640/8 | €6,185 | €6,266 | +€81 | +1.3% |
| Non-recurring operating charges | 66A | €0 | €14,098 | +€14,098 | |
| Gross operating margin | 9900 | €604,179 | €582,194 | -€21,985 | -3.6% |
| Operating profit (loss) | 9901 | €231,014 | €177,423 | -€53,591 | -23.2% |
| Financial income | 75/76B | €1,735 | €619 | -€1,116 | -64.3% |
| Recurring financial income | 75 | €1,735 | €619 | -€1,116 | -64.3% |
| Financial charges | 65/66B | €10,497 | €10,925 | +€427 | +4.1% |
| Recurring financial charges | 65 | €10,497 | €10,925 | +€427 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €222,252 | €167,118 | -€55,134 | -24.8% |
| Income taxes | 67/77 | €59,813 | €44,845 | -€14,968 | -25.0% |
| Profit (loss) for the period | 9904 | €162,439 | €122,273 | -€40,166 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €162,439 | €122,273 | -€40,166 | -24.7% |
Next steps
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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 3 November 2026 via checked.be.