ROELMAN: what changed
Two fiscal 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.
What changed
ROELMAN
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€24,144
2024 · €17,406+€6,737
Equity
€1.9m
2024 · €2.2m-€290,526
Cash
€108,085
2024 · €15,477+€92,608
Balance sheet total
€4.4m
2024 · €7.5m-€3.2m
Largest movements
Assets
- Stocks and contracts -€2.9m
down €2.9m (-50.2%), from €5.8m to €2.9m
- Tangible fixed assets -€205,158
down €205,158 (-18.0%), from €1.1m to €932,632
of which Land and buildings: -€229,221
- Receivables within one year -€105,562
down €105,562 (-19.6%), from €537,755 to €432,193
of which Trade receivables: -€100,160
- Cash +€92,608
up €92,608 (+598.4%), from €15,477 to €108,085
mainly Stocks and contracts (+€2.9m) and Trade debts (+€250,777)
Equity and liabilities
- Other debts -€1.8m
down €1.8m (-57.5%), from €3.1m to €1.3m
- Short-term financial debts -€1.3m
no longer reported in 2025 (was €1.3m)
- Reserves -€287,058
down €287,058 (-13.3%), from €2.2m to €1.9m
of which Distributable reserves: -€275,403
- Trade debts +€250,777
up €250,777 (+92.0%), from €272,612 to €523,389
- Tax, wage and social debts -€98,673
down €98,673 (-94.6%), from €104,348 to €5,674
Income statement
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.
Result 2024
€17,406
Turnover
+€112,167
Other operating income
+€25,348
Goods and materials
+€99,399
Services and other goods
-€259,726
Depreciation
+€2,230
Other operating charges
+€33,649
Financial charges
-€7,852
Taxes
+€1,523
Result 2025
€24,144
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.
From operations
+€1.7m
Investment
+€92,854
Financing
-€1.7m
Cash 2024
€15,477
From operations (derived)
+€1.7m
Net result for the year
+€24,144
Depreciation
+€116,034
Stocks and contracts
+€2.9m
Receivables within one year
+€105,562
Provisions
-€4,760
Trade debts
+€250,777
Tax, wage and social debts
-€98,673
Advances received
+€94,021
Other debts
-€1.8m
Accrued charges and deferred income
+€26,845
Investment (derived)
+€92,854
Investment in fixed assets (net)
+€92,854
Financing
-€1.7m
Debts after one year
-€95,373
Current portion of long-term debt
-€12,801
Short-term financial debts
-€1.3m
Contributions, distributions and other
-€314,669
Cash 2025
€108,085
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,539,000 | €4,387,995 | -€3.2m | -41.8% |
| Fixed assets | 21/28 | €1,152,679 | €943,792 | -€208,888 | -18.1% |
| Intangible fixed assets | 21 | €14,890 | €11,160 | -€3,730 | -25.1% |
| Tangible fixed assets | 22/27 | €1,137,789 | €932,632 | -€205,158 | -18.0% |
| Land and buildings | 22 | €1,036,569 | €807,348 | -€229,221 | -22.1% |
| Plant, machinery and equipment | 23 | €89,759 | €76,955 | -€12,805 | -14.3% |
| Furniture and vehicles | 24 | €11,461 | €48,329 | +€36,868 | +321.7% |
| Current assets | 29/58 | €6,386,320 | €3,444,203 | -€2.9m | -46.1% |
| Stocks and contracts in progress | 3 | €5,833,088 | €2,903,925 | -€2.9m | -50.2% |
| Stocks | 30/36 | €5,833,088 | €2,903,925 | -€2.9m | -50.2% |
| Goods purchased for resale | 34 | €5,833,088 | €2,903,925 | -€2.9m | -50.2% |
| Amounts receivable within one year | 40/41 | €537,755 | €432,193 | -€105,562 | -19.6% |
| Trade receivables | 40 | €232,354 | €132,193 | -€100,160 | -43.1% |
| Other amounts receivable | 41 | €305,402 | €300,000 | -€5,402 | -1.8% |
| Cash at bank and in hand | 54/58 | €15,477 | €108,085 | +€92,608 | +598.4% |
| Total equity and liabilities | 10/49 | €7,539,000 | €4,387,995 | -€3.2m | -41.8% |
| Equity | 10/15 | €2,231,476 | €1,940,950 | -€290,526 | -13.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €2,165,503 | €1,878,445 | -€287,058 | -13.3% |
| Non-distributable reserves | 130/1 | €28,136 | €28,136 | = | 0.0% |
| Legal reserve | 130 | €28,136 | €28,136 | = | 0.0% |
| Tax-exempt reserves | 132 | €177,356 | €165,701 | -€11,655 | -6.6% |
| Distributable reserves | 133 | €1,960,012 | €1,684,609 | -€275,403 | -14.1% |
| Investment grants | 15 | €4,472 | €1,005 | -€3,468 | -77.5% |
| Provisions and deferred taxes | 16 | €57,124 | €52,364 | -€4,760 | -8.3% |
| Deferred taxes | 168 | €57,124 | €52,364 | -€4,760 | -8.3% |
| Amounts payable | 17/49 | €5,250,400 | €2,394,681 | -€2.9m | -54.4% |
| Amounts payable after more than one year | 17 | €335,373 | €240,000 | -€95,373 | -28.4% |
| Financial debts | 170/4 | €335,373 | €240,000 | -€95,373 | -28.4% |
| Credit institutions | 173 | €335,373 | €240,000 | -€95,373 | -28.4% |
| Amounts payable within one year | 42/48 | €4,864,799 | €2,077,608 | -€2.8m | -57.3% |
| Current portion of amounts payable after more than one year | 42 | €108,174 | €95,373 | -€12,801 | -11.8% |
| Financial debts | 43 | €1,250,000 | - | -€1.3m | |
| Credit institutions | 430/8 | €1,250,000 | - | -€1.3m | |
| Trade debts | 44 | €272,612 | €523,389 | +€250,777 | +92.0% |
| Suppliers | 440/4 | €272,612 | €523,389 | +€250,777 | +92.0% |
| Advances received on contracts in progress | 46 | €49,279 | €143,300 | +€94,021 | +190.8% |
| Taxes, remuneration and social security | 45 | €104,348 | €5,674 | -€98,673 | -94.6% |
| Taxes | 450/3 | €104,348 | €5,674 | -€98,673 | -94.6% |
| Other amounts payable | 47/48 | €3,080,387 | €1,309,872 | -€1.8m | -57.5% |
| Accrued charges and deferred income | 492/3 | €50,228 | €77,073 | +€26,845 | +53.4% |
| Operating income | 70/76A | €35,386,884 | €35,524,399 | +€137,515 | +0.4% |
| Turnover | 70 | €35,161,353 | €35,273,520 | +€112,167 | +0.3% |
| Other operating income | 74 | €225,530 | €250,879 | +€25,348 | +11.2% |
| Operating charges | 60/66A | €35,279,924 | €35,404,373 | +€124,449 | +0.4% |
| Goods for resale, raw materials and consumables | 60 | €33,588,421 | €33,489,022 | -€99,399 | -0.3% |
| Purchases | 600/8 | €39,042,354 | €30,559,859 | -€8.5m | -21.7% |
| Change in stocks: decrease (increase) | 609 | -€5,453,932 | €2,929,163 | +€8.4m | |
| Services and other goods | 61 | €1,514,724 | €1,774,450 | +€259,726 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,263 | €116,034 | -€2,230 | -1.9% |
| Other operating charges | 640/8 | €58,516 | €24,867 | -€33,649 | -57.5% |
| Operating profit (loss) | 9901 | €106,960 | €120,026 | +€13,066 | +12.2% |
| Financial income | 75/76B | €3,468 | €3,468 | = | 0.0% |
| Recurring financial income | 75 | €3,468 | €3,468 | = | 0.0% |
| Other financial income | 752/9 | €3,468 | €3,468 | = | 0.0% |
| Financial charges | 65/66B | €84,546 | €92,398 | +€7,852 | +9.3% |
| Recurring financial charges | 65 | €84,546 | €92,398 | +€7,852 | +9.3% |
| Debt charges | 650 | €84,546 | €92,398 | +€7,852 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €25,882 | €31,096 | +€5,214 | +20.1% |
| Transfer from deferred taxes | 780 | €4,760 | €4,760 | = | 0.0% |
| Income taxes | 67/77 | €13,236 | €11,713 | -€1,523 | -11.5% |
| Taxes | 670/3 | €13,236 | €11,713 | -€1,523 | -11.5% |
| Profit (loss) for the period | 9904 | €17,406 | €24,144 | +€6,737 | +38.7% |
| Transfer from tax-exempt reserves | 789 | €11,655 | €11,655 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,061 | €35,798 | +€6,737 | +23.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.