ROELS PROJECTONTWIKKELING: 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.
ROELS PROJECTONTWIKKELING
Largest movements
- Stocks and contracts -€74,749
down €74,749 (-53.3%), from €140,330 to €65,581
- Other debts -€149,674
down €149,674 (-59.4%), from €252,074 to €102,400
- Profit (loss) carried forward +€72,034
up €72,034 (+14.6%), from -€493,161 to -€421,126
- Tax, wage and social debts +€10,430
up €10,430, from €0 to €10,430
- Trade debts -€9,440
down €9,440 (-3.5%), from €266,003 to €256,563
- Gross operating margin +€89,715
up €89,715, from -€16,359 to €73,356
- Other operating charges -€17,603
down €17,603 (-95.2%), from €18,490 to €887
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 | €154,971 | €78,321 | -€76,650 | -49.5% |
| Current assets | 29/58 | €154,971 | €78,321 | -€76,650 | -49.5% |
| Stocks and contracts in progress | 3 | €140,330 | €65,581 | -€74,749 | -53.3% |
| Stocks | 30/36 | €140,330 | €65,581 | -€74,749 | -53.3% |
| Amounts receivable within one year | 40/41 | €13,692 | €12,197 | -€1,495 | -10.9% |
| Trade receivables | 40 | €12,197 | €12,197 | = | 0.0% |
| Other amounts receivable | 41 | €1,495 | €0 | -€1,495 | -100% |
| Cash at bank and in hand | 54/58 | €949 | €543 | -€405 | -42.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €154,971 | €78,321 | -€76,650 | -49.5% |
| Equity | 10/15 | -€413,641 | -€341,607 | +€72,034 | +17.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €29,519 | €29,519 | = | 0.0% |
| Distributable reserves | 133 | €29,519 | €29,519 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€493,161 | -€421,126 | +€72,034 | +14.6% |
| Amounts payable | 17/49 | €568,612 | €419,928 | -€148,684 | -26.1% |
| Amounts payable within one year | 42/48 | €568,612 | €419,928 | -€148,684 | -26.1% |
| Trade debts | 44 | €266,003 | €256,563 | -€9,440 | -3.5% |
| Suppliers | 440/4 | €266,003 | €256,563 | -€9,440 | -3.5% |
| Advances received on contracts in progress | 46 | €50,535 | €50,535 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | €10,430 | +€10,430 | |
| Taxes | 450/3 | €0 | €10,430 | +€10,430 | |
| Other amounts payable | 47/48 | €252,074 | €102,400 | -€149,674 | -59.4% |
| Non-recurring operating income | 76A | - | €114,893 | +€114,893 | |
| Other operating charges | 640/8 | €18,490 | €887 | -€17,603 | -95.2% |
| Gross operating margin | 9900 | -€16,359 | €73,356 | +€89,715 | |
| Operating profit (loss) | 9901 | -€34,849 | €72,469 | +€107,318 | |
| Financial income | 75/76B | €18 | €251 | +€233 | +1,325% |
| Recurring financial income | 75 | €18 | €251 | +€233 | +1,325% |
| Financial charges | 65/66B | €443 | €685 | +€242 | +54.5% |
| Recurring financial charges | 65 | €443 | €685 | +€242 | +54.5% |
| Profit (loss) for the period before taxes | 9903 | -€35,275 | €72,034 | +€107,309 | |
| Profit (loss) for the period | 9904 | -€35,275 | €72,034 | +€107,309 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,275 | €72,034 | +€107,309 |
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 28 October 2026 via checked.be.