Roelen Hof: what changed
What changed
Roelen Hof
NACE 70.100, Activities of head offices
filed annual accounts (NBB)
Net result for the year
-€142,010
2024 · -€125,490-€16,520
Equity
€5.2m
2024 · €4.1m+€1.1m
Cash
€1.5m
2024 · €25,774+€1.5m
Balance sheet total
€8.3m
2024 · €7.4m+€884,047
Largest movements
Assets
- Cash +€1.5m
up €1.5m (+5,661%), from €25,774 to €1.5m
mainly Contributions, distributions and other (+€1.2m) and Depreciation (+€274,423)
- Receivables within one year -€247,375
down €247,375 (-43.2%), from €573,111 to €325,737
of which Trade receivables: -€233,159
- Tangible fixed assets -€168,497
down €168,497 (-4.5%), from €3.8m to €3.6m
of which Land and buildings: -€104,578
- Receivables after one year -€145,000
down €145,000 (-5.1%), from €2.9m to €2.7m
Equity and liabilities
- Contributions +€1.3m
up €1.3m (+33.3%), from €3.8m to €5.0m
- Debts after one year -€192,484
down €192,484 (-6.4%), from €3.0m to €2.8m
- Profit (loss) carried forward -€142,010
down €142,010 (-23.4%), from -€608,168 to -€750,178
Income statement
- Gross operating margin -€36,347
down €36,347 (-20.4%), from €177,967 to €141,620
- Depreciation -€9,595
down €9,595 (-3.4%), from €284,018 to €274,423
- Other operating charges -€7,660
down €7,660 (-59.1%), from €12,955 to €5,296
- Taxes -€2,100
down €2,100 (-71.8%), from €2,927 to €827
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
-€125,490
Gross operating margin
-€36,347
Staff costs
-€77
Depreciation
+€9,595
Other operating charges
+€7,660
Financial income
-€1,126
Financial charges
+€1,676
Taxes
+€2,100
Result 2025
-€142,010
raises the resultlowers the result
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
+€488,490
Investment
-€72,326
Financing
+€1.0m
Cash 2024
€25,774
From operations (derived)
+€488,490
Net result for the year
-€142,010
Depreciation
+€274,423
Receivables after one year
+€145,000
Receivables within one year
+€247,375
Deferred charges and accrued income
-€19,549
Trade debts
-€7,070
Tax, wage and social debts
-€1,734
Other debts
-€7,945
Investment (derived)
-€72,326
Investment in fixed assets (net)
-€72,326
Financing
+€1.0m
Debts after one year
-€192,484
Current portion of long-term debt
+€1,825
Contributions, distributions and other
+€1.2m
Cash 2025
€1.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,417,481 | €8,301,528 | +€884,047 | +11.9% |
| Fixed assets | 21/28 | €3,940,771 | €3,738,673 | -€202,097 | -5.1% |
| Intangible fixed assets | 21 | €163,421 | €129,821 | -€33,600 | -20.6% |
| Tangible fixed assets | 22/27 | €3,777,349 | €3,608,852 | -€168,497 | -4.5% |
| Land and buildings | 22 | €2,436,639 | €2,332,061 | -€104,578 | -4.3% |
| Plant, machinery and equipment | 23 | €1,335,671 | €1,242,907 | -€92,764 | -6.9% |
| Furniture and vehicles | 24 | €5,040 | €33,884 | +€28,844 | +572% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €3,476,710 | €4,562,855 | +€1.1m | +31.2% |
| Amounts receivable after more than one year | 29 | €2,850,000 | €2,705,000 | -€145,000 | -5.1% |
| Other amounts receivable | 291 | €2,850,000 | €2,705,000 | -€145,000 | -5.1% |
| Amounts receivable within one year | 40/41 | €573,111 | €325,737 | -€247,375 | -43.2% |
| Trade receivables | 40 | €310,654 | €77,496 | -€233,159 | -75.1% |
| Other amounts receivable | 41 | €262,457 | €248,241 | -€14,216 | -5.4% |
| Current investments | 50/53 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,774 | €1,484,744 | +€1.5m | +5,661% |
| Deferred charges and accrued income | 490/1 | €7,825 | €27,374 | +€19,549 | +250% |
| Total equity and liabilities | 10/49 | €7,417,481 | €8,301,528 | +€884,047 | +11.9% |
| Equity | 10/15 | €4,132,994 | €5,224,449 | +€1.1m | +26.4% |
| Contributions | 10/11 | €3,750,000 | €5,000,000 | +€1.3m | +33.3% |
| Reserves | 13 | €792,738 | €792,738 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Own shares acquired | 1312 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €772,738 | €772,738 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€608,168 | -€750,178 | -€142,010 | -23.4% |
| Investment grants | 15 | €198,424 | €181,889 | -€16,535 | -8.3% |
| Amounts payable | 17/49 | €3,284,487 | €3,077,079 | -€207,407 | -6.3% |
| Amounts payable after more than one year | 17 | €2,996,924 | €2,804,441 | -€192,484 | -6.4% |
| Financial debts | 170/4 | €2,996,924 | €2,804,441 | -€192,484 | -6.4% |
| Amounts payable within one year | 42/48 | €287,563 | €272,639 | -€14,924 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €190,659 | €192,484 | +€1,825 | +1.0% |
| Trade debts | 44 | €81,969 | €74,899 | -€7,070 | -8.6% |
| Suppliers | 440/4 | €81,969 | €74,899 | -€7,070 | -8.6% |
| Taxes, remuneration and social security | 45 | €4,177 | €2,443 | -€1,734 | -41.5% |
| Taxes | 450/3 | €2,927 | €1,193 | -€1,734 | -59.2% |
| Remuneration and social security | 454/9 | €1,250 | €1,250 | = | 0.0% |
| Other amounts payable | 47/48 | €10,758 | €2,813 | -€7,945 | -73.8% |
| Non-recurring operating income | 76A | - | €17,500 | +€17,500 | |
| Remuneration, social security and pensions | 62 | €314 | €391 | +€77 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €284,018 | €274,423 | -€9,595 | -3.4% |
| Other operating charges | 640/8 | €12,955 | €5,296 | -€7,660 | -59.1% |
| Gross operating margin | 9900 | €177,967 | €141,620 | -€36,347 | -20.4% |
| Operating profit (loss) | 9901 | -€119,321 | -€138,490 | -€19,170 | -16.1% |
| Financial income | 75/76B | €28,500 | €27,374 | -€1,126 | -4.0% |
| Recurring financial income | 75 | €28,500 | €27,374 | -€1,126 | -4.0% |
| Financial charges | 65/66B | €31,743 | €30,067 | -€1,676 | -5.3% |
| Recurring financial charges | 65 | €31,743 | €30,067 | -€1,676 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | -€122,563 | -€141,183 | -€18,620 | -15.2% |
| Income taxes | 67/77 | €2,927 | €827 | -€2,100 | -71.8% |
| Profit (loss) for the period | 9904 | -€125,490 | -€142,010 | -€16,520 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€125,490 | -€142,010 | -€16,520 | -13.2% |
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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 2 November 2026 via checked.be.