ROELBAUW: 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.
ROELBAUW
Largest movements
- Receivables within one year +€56,557
up €56,557 (+409.3%), from €13,818 to €70,375
of which Trade receivables: +€66,557
- Reserves +€129,019
up €129,019 (+55.7%), from €231,680 to €360,698
- Other debts -€97,492
down €97,492 (-7.8%), from €1.3m to €1.2m
- Gross operating margin +€31,774
up €31,774 (+11.7%), from €271,464 to €303,239
- Taxes +€8,593
up €8,593 (+18.6%), from €46,172 to €54,765
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 | €2,969,105 | €3,000,993 | +€31,888 | +1.1% |
| Fixed assets | 21/28 | €2,946,390 | €2,921,369 | -€25,021 | -0.8% |
| Tangible fixed assets | 22/27 | €2,946,390 | €2,921,369 | -€25,021 | -0.8% |
| Land and buildings | 22 | €2,596,065 | €2,575,526 | -€20,539 | -0.8% |
| Plant, machinery and equipment | 23 | €6,027 | €5,157 | -€870 | -14.4% |
| Furniture and vehicles | 24 | €117,398 | €113,785 | -€3,613 | -3.1% |
| Other tangible fixed assets | 26 | €226,900 | €226,900 | = | 0.0% |
| Current assets | 29/58 | €22,715 | €79,624 | +€56,909 | +250.5% |
| Amounts receivable within one year | 40/41 | €13,818 | €70,375 | +€56,557 | +409.3% |
| Trade receivables | 40 | €3,818 | €70,375 | +€66,557 | +1743.1% |
| Other amounts receivable | 41 | €10,000 | €0 | -€10,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,083 | €7,364 | +€281 | +4.0% |
| Deferred charges and accrued income | 490/1 | €1,813 | €1,885 | +€72 | +4.0% |
| Total equity and liabilities | 10/49 | €2,969,105 | €3,000,993 | +€31,888 | +1.1% |
| Equity | 10/15 | €1,606,280 | €1,735,298 | +€129,019 | +8.0% |
| Contributions | 10/11 | €1,374,600 | €1,374,600 | = | 0.0% |
| Reserves | 13 | €231,680 | €360,698 | +€129,019 | +55.7% |
| Distributable reserves | 133 | €231,680 | €360,698 | +€129,019 | +55.7% |
| Amounts payable | 17/49 | €1,362,825 | €1,265,694 | -€97,131 | -7.1% |
| Amounts payable within one year | 42/48 | €1,343,231 | €1,251,806 | -€91,425 | -6.8% |
| Trade debts | 44 | €5,728 | €4,377 | -€1,351 | -23.6% |
| Suppliers | 440/4 | €5,728 | €4,377 | -€1,351 | -23.6% |
| Taxes, remuneration and social security | 45 | €85,723 | €93,141 | +€7,418 | +8.7% |
| Taxes | 450/3 | €85,723 | €93,141 | +€7,418 | +8.7% |
| Other amounts payable | 47/48 | €1,251,780 | €1,154,288 | -€97,492 | -7.8% |
| Accrued charges and deferred income | 492/3 | €19,594 | €13,888 | -€5,706 | -29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,082 | €84,238 | +€2,156 | +2.6% |
| Other operating charges | 640/8 | €11,059 | €10,419 | -€640 | -5.8% |
| Gross operating margin | 9900 | €271,464 | €303,239 | +€31,774 | +11.7% |
| Operating profit (loss) | 9901 | €178,324 | €208,582 | +€30,258 | +17.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €27,769 | €24,798 | -€2,971 | -10.7% |
| Recurring financial charges | 65 | €27,769 | €24,798 | -€2,971 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €150,555 | €183,784 | +€33,229 | +22.1% |
| Income taxes | 67/77 | €46,172 | €54,765 | +€8,593 | +18.6% |
| Profit (loss) for the period | 9904 | €104,382 | €129,019 | +€24,636 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €104,382 | €129,019 | +€24,636 | +23.6% |
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 10 October 2026 via checked.be.