ROISIN DENIS: 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.
ROISIN DENIS
Largest movements
- Cash -€15,698
down €15,698 (-84.0%), from €18,691 to €2,993
mainly Tax, wage and social debts (-€16,525) and Net result for the year (-€9,931)
- Receivables within one year -€5,290
down €5,290 (-12.1%), from €43,753 to €38,462
of which Trade receivables: -€9,650
- Tangible fixed assets -€4,589
down €4,589 (-90.1%), from €5,091 to €503
of which Furniture and vehicles: -€4,146
- Tax, wage and social debts -€16,525
down €16,525 (-90.2%), from €18,312 to €1,786
- Profit (loss) carried forward -€9,931
down €9,931 (-144%), from -€6,897 to -€16,827
- Trade debts +€879
up €879 (+31.6%), from €2,786 to €3,666
- Depreciation -€2,325
down €2,325 (-33.6%), from €6,913 to €4,589
- Financial charges -€2,103
down €2,103 (-86.3%), from €2,436 to €333
- Gross operating margin +€1,717
up €1,717, from -€1,378 to €339
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 | €67,535 | €41,958 | -€25,577 | -37.9% |
| Fixed assets | 21/28 | €5,091 | €503 | -€4,589 | -90.1% |
| Tangible fixed assets | 22/27 | €5,091 | €503 | -€4,589 | -90.1% |
| Plant, machinery and equipment | 23 | €946 | €503 | -€443 | -46.8% |
| Furniture and vehicles | 24 | €4,146 | - | -€4,146 | |
| Current assets | 29/58 | €62,444 | €41,455 | -€20,988 | -33.6% |
| Amounts receivable within one year | 40/41 | €43,753 | €38,462 | -€5,290 | -12.1% |
| Trade receivables | 40 | €12,524 | €2,874 | -€9,650 | -77.1% |
| Other amounts receivable | 41 | €31,229 | €35,589 | +€4,360 | +14.0% |
| Cash at bank and in hand | 54/58 | €18,691 | €2,993 | -€15,698 | -84.0% |
| Total equity and liabilities | 10/49 | €67,535 | €41,958 | -€25,577 | -37.9% |
| Equity | 10/15 | €46,437 | €36,506 | -€9,931 | -21.4% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €39,073 | €39,073 | = | 0.0% |
| Distributable reserves | 133 | €39,073 | €39,073 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,897 | -€16,827 | -€9,931 | -144% |
| Amounts payable | 17/49 | €21,098 | €5,452 | -€15,646 | -74.2% |
| Amounts payable within one year | 42/48 | €21,098 | €5,452 | -€15,646 | -74.2% |
| Trade debts | 44 | €2,786 | €3,666 | +€879 | +31.6% |
| Suppliers | 440/4 | €2,786 | €3,666 | +€879 | +31.6% |
| Taxes, remuneration and social security | 45 | €18,312 | €1,786 | -€16,525 | -90.2% |
| Taxes | 450/3 | €18,312 | €1,786 | -€16,525 | -90.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,913 | €4,589 | -€2,325 | -33.6% |
| Other operating charges | 640/8 | €285 | €295 | +€10 | +3.4% |
| Non-recurring operating charges | 66A | - | €4,912 | +€4,912 | |
| Gross operating margin | 9900 | -€1,378 | €339 | +€1,717 | |
| Operating profit (loss) | 9901 | -€8,577 | -€9,457 | -€880 | -10.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,436 | €333 | -€2,103 | -86.3% |
| Recurring financial charges | 65 | €2,436 | €333 | -€2,103 | -86.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,014 | -€9,790 | +€1,224 | +11.1% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€11,153 | -€9,931 | +€1,222 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,153 | -€9,931 | +€1,222 | +11.0% |
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 19 October 2026 via checked.be.