ROELEN: 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.
ROELEN
Largest movements
- Tangible fixed assets -€31,402
down €31,402 (-3.2%), from €991,811 to €960,408
of which Land and buildings: -€31,032
- Cash +€10,437
up €10,437 (+51.0%), from €20,483 to €30,920
mainly Depreciation (+€40,195) and Net result for the year (+€27,072)
- Debts after one year -€34,387
down €34,387 (-15.1%), from €227,186 to €192,799
- Tax, wage and social debts +€13,421
up €13,421 (+82.7%), from €16,235 to €29,656
No income-statement line moved by more than 1% of the activity.
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 | €1,021,640 | €1,003,415 | -€18,226 | -1.8% |
| Fixed assets | 21/28 | €991,811 | €960,408 | -€31,402 | -3.2% |
| Tangible fixed assets | 22/27 | €991,811 | €960,408 | -€31,402 | -3.2% |
| Land and buildings | 22 | €990,950 | €959,918 | -€31,032 | -3.1% |
| Plant, machinery and equipment | 23 | €141 | - | -€141 | |
| Furniture and vehicles | 24 | €720 | €490 | -€230 | -31.9% |
| Current assets | 29/58 | €29,830 | €43,006 | +€13,177 | +44.2% |
| Amounts receivable within one year | 40/41 | €8,805 | €9,137 | +€331 | +3.8% |
| Trade receivables | 40 | €8,805 | €9,137 | +€331 | +3.8% |
| Cash at bank and in hand | 54/58 | €20,483 | €30,920 | +€10,437 | +51.0% |
| Deferred charges and accrued income | 490/1 | €541 | €2,950 | +€2,408 | +445.0% |
| Total equity and liabilities | 10/49 | €1,021,640 | €1,003,415 | -€18,226 | -1.8% |
| Equity | 10/15 | €740,467 | €742,539 | +€2,072 | +0.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €715,467 | €717,539 | +€2,072 | +0.3% |
| Tax-exempt reserves | 132 | €16,620 | €16,620 | = | 0.0% |
| Distributable reserves | 133 | €698,847 | €700,919 | +€2,072 | +0.3% |
| Amounts payable | 17/49 | €281,173 | €260,876 | -€20,297 | -7.2% |
| Amounts payable after more than one year | 17 | €227,186 | €192,799 | -€34,387 | -15.1% |
| Financial debts | 170/4 | €227,186 | €192,799 | -€34,387 | -15.1% |
| Amounts payable within one year | 42/48 | €53,988 | €68,077 | +€14,090 | +26.1% |
| Current portion of amounts payable after more than one year | 42 | €33,676 | €34,387 | +€711 | +2.1% |
| Trade debts | 44 | €4,077 | €4,034 | -€42 | -1.0% |
| Suppliers | 440/4 | €4,077 | €4,034 | -€42 | -1.0% |
| Taxes, remuneration and social security | 45 | €16,235 | €29,656 | +€13,421 | +82.7% |
| Taxes | 450/3 | €16,235 | €29,656 | +€13,421 | +82.7% |
| Non-recurring operating income | 76A | €8,145 | - | -€8,145 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,044 | €40,195 | +€151 | +0.4% |
| Other operating charges | 640/8 | €7,588 | €7,234 | -€354 | -4.7% |
| Gross operating margin | 9900 | €92,692 | €93,195 | +€503 | +0.5% |
| Operating profit (loss) | 9901 | €45,060 | €45,766 | +€706 | +1.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,062 | €5,373 | -€688 | -11.4% |
| Recurring financial charges | 65 | €6,062 | €5,373 | -€688 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €38,999 | €40,392 | +€1,394 | +3.6% |
| Income taxes | 67/77 | €12,536 | €13,321 | +€785 | +6.3% |
| Profit (loss) for the period | 9904 | €26,462 | €27,072 | +€609 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,462 | €27,072 | +€609 | +2.3% |
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.