Roelens - Maes: 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.
Roelens - Maes
Largest movements
- Stocks and contracts +€8,021
up €8,021 (+1.6%), from €505,381 to €513,401
- Trade debts +€16,570
up €16,570 (+13.4%), from €124,078 to €140,648
- Gross operating margin -€2,735
down €2,735 (-42.5%), from €6,439 to €3,704
- Other operating charges -€1,406
down €1,406 (-34.1%), from €4,123 to €2,717
- Financial charges -€333
down €333 (-41.2%), from €807 to €475
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 | €531,930 | €546,760 | +€14,830 | +2.8% |
| Fixed assets | 21/28 | €496 | €496 | = | 0.0% |
| Financial fixed assets | 28 | €496 | €496 | = | 0.0% |
| Current assets | 29/58 | €531,434 | €546,264 | +€14,830 | +2.8% |
| Stocks and contracts in progress | 3 | €505,381 | €513,401 | +€8,021 | +1.6% |
| Stocks | 30/36 | €505,381 | €513,401 | +€8,021 | +1.6% |
| Amounts receivable within one year | 40/41 | €25,520 | €29,900 | +€4,381 | +17.2% |
| Trade receivables | 40 | €25,520 | €29,900 | +€4,381 | +17.2% |
| Cash at bank and in hand | 54/58 | €534 | €2,963 | +€2,429 | +455% |
| Total equity and liabilities | 10/49 | €531,930 | €546,760 | +€14,830 | +2.8% |
| Equity | 10/15 | €280,529 | €281,058 | +€529 | +0.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €261,937 | €262,466 | +€529 | +0.2% |
| Tax-exempt reserves | 132 | €772 | €772 | = | 0.0% |
| Distributable reserves | 133 | €261,165 | €261,694 | +€529 | +0.2% |
| Amounts payable | 17/49 | €251,401 | €265,702 | +€14,301 | +5.7% |
| Amounts payable within one year | 42/48 | €250,493 | €265,038 | +€14,544 | +5.8% |
| Trade debts | 44 | €124,078 | €140,648 | +€16,570 | +13.4% |
| Suppliers | 440/4 | €124,078 | €140,648 | +€16,570 | +13.4% |
| Taxes, remuneration and social security | 45 | €26,875 | €24,021 | -€2,855 | -10.6% |
| Taxes | 450/3 | €7,632 | €5,778 | -€1,855 | -24.3% |
| Remuneration and social security | 454/9 | €19,243 | €18,243 | -€1,000 | -5.2% |
| Other amounts payable | 47/48 | €99,540 | €100,369 | +€829 | +0.8% |
| Accrued charges and deferred income | 492/3 | €908 | €664 | -€244 | -26.8% |
| Other operating charges | 640/8 | €4,123 | €2,717 | -€1,406 | -34.1% |
| Gross operating margin | 9900 | €6,439 | €3,704 | -€2,735 | -42.5% |
| Operating profit (loss) | 9901 | €2,316 | €987 | -€1,329 | -57.4% |
| Financial income | 75/76B | €1 | €17 | +€16 | +1,711% |
| Recurring financial income | 75 | €1 | €17 | +€16 | +1,711% |
| Financial charges | 65/66B | €807 | €475 | -€333 | -41.2% |
| Recurring financial charges | 65 | €807 | €475 | -€333 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €1,509 | €529 | -€980 | -64.9% |
| Profit (loss) for the period | 9904 | €1,509 | €529 | -€980 | -64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,509 | €529 | -€980 | -64.9% |
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.