ROLAND: 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.
ROLAND
Largest movements
- Tangible fixed assets +€849,274
up €849,274 (+169.9%), from €499,860 to €1.3m
of which Other tangible fixed assets: +€648,522
- Current investments -€400,000
down €400,000 (-100.0%), from €400,000 to €0
- Stocks and contracts +€76,222
up €76,222 (+272.1%), from €28,016 to €104,238
- Receivables within one year +€61,547
up €61,547 (+51.7%), from €118,943 to €180,490
of which Trade receivables: +€117,612
- Cash -€48,752
down €48,752 (-19.2%), from €254,355 to €205,604
mainly Investment in fixed assets (net) (-€1.0m) and Stocks and contracts (-€76,222)
- Debts after one year +€277,361
new in 2024: €277,361
- Reserves +€163,000
up €163,000 (+24.7%), from €659,757 to €822,757
of which Distributable reserves: +€163,000
- Tax, wage and social debts +€51,994
up €51,994 (+81.6%), from €63,725 to €115,719
of which Remuneration and social security: +€31,992
- Current portion of long-term debt +€38,229
up €38,229, from €0 to €38,229
- Gross operating margin +€267,073
up €267,073 (+56.1%), from €475,840 to €742,913
- Staff costs +€161,430
up €161,430 (+74.2%), from €217,579 to €379,008
- Depreciation +€88,117
up €88,117 (+133.7%), from €65,886 to €154,003
- Financial income +€10,847
up €10,847 (+273.9%), from €3,960 to €14,806
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,306,220 | €1,850,605 | +€544,385 | +41.7% |
| Fixed assets | 21/28 | €500,029 | €1,349,134 | +€849,105 | +169.8% |
| Intangible fixed assets | 21 | €169 | €0 | -€169 | -100.0% |
| Tangible fixed assets | 22/27 | €499,860 | €1,349,134 | +€849,274 | +169.9% |
| Plant, machinery and equipment | 23 | €82,777 | €211,771 | +€128,995 | +155.8% |
| Furniture and vehicles | 24 | €36,471 | €108,228 | +€71,757 | +196.7% |
| Other tangible fixed assets | 26 | €380,612 | €1,029,134 | +€648,522 | +170.4% |
| Current assets | 29/58 | €806,190 | €501,471 | -€304,719 | -37.8% |
| Amounts receivable after more than one year | 29 | €2,461 | €0 | -€2,461 | -100.0% |
| Trade receivables | 290 | €2,461 | €0 | -€2,461 | -100.0% |
| Stocks and contracts in progress | 3 | €28,016 | €104,238 | +€76,222 | +272.1% |
| Stocks | 30/36 | €28,016 | €104,238 | +€76,222 | +272.1% |
| Amounts receivable within one year | 40/41 | €118,943 | €180,490 | +€61,547 | +51.7% |
| Trade receivables | 40 | €24,326 | €141,938 | +€117,612 | +483.5% |
| Other amounts receivable | 41 | €94,616 | €38,551 | -€56,065 | -59.3% |
| Current investments | 50/53 | €400,000 | €0 | -€400,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €254,355 | €205,604 | -€48,752 | -19.2% |
| Deferred charges and accrued income | 490/1 | €2,415 | €11,140 | +€8,725 | +361.2% |
| Total equity and liabilities | 10/49 | €1,306,220 | €1,850,605 | +€544,385 | +41.7% |
| Equity | 10/15 | €679,510 | €842,568 | +€163,057 | +24.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €659,757 | €822,757 | +€163,000 | +24.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €659,757 | €822,757 | +€163,000 | +24.7% |
| Profit (loss) carried forward | 14 | €1,153 | €1,211 | +€57 | +5.0% |
| Amounts payable | 17/49 | €626,710 | €1,008,038 | +€381,328 | +60.8% |
| Amounts payable after more than one year | 17 | - | €277,361 | +€277,361 | |
| Financial debts | 170/4 | - | €277,361 | +€277,361 | |
| Amounts payable within one year | 42/48 | €626,710 | €728,849 | +€102,139 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | €38,229 | +€38,229 | |
| Financial debts | 43 | €16,294 | €13,333 | -€2,961 | -18.2% |
| Credit institutions | 430/8 | €16,294 | €13,333 | -€2,961 | -18.2% |
| Trade debts | 44 | €546,690 | €561,567 | +€14,877 | +2.7% |
| Suppliers | 440/4 | €546,690 | €561,567 | +€14,877 | +2.7% |
| Taxes, remuneration and social security | 45 | €63,725 | €115,719 | +€51,994 | +81.6% |
| Taxes | 450/3 | €19,889 | €39,890 | +€20,001 | +100.6% |
| Remuneration and social security | 454/9 | €43,836 | €75,829 | +€31,992 | +73.0% |
| Accrued charges and deferred income | 492/3 | - | €1,828 | +€1,828 | |
| Remuneration, social security and pensions | 62 | €217,579 | €379,008 | +€161,430 | +74.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,886 | €154,003 | +€88,117 | +133.7% |
| Other operating charges | 640/8 | €3,688 | €3,345 | -€343 | -9.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €475,840 | €742,913 | +€267,073 | +56.1% |
| Operating profit (loss) | 9901 | €188,687 | €206,556 | +€17,869 | +9.5% |
| Financial income | 75/76B | €3,960 | €14,806 | +€10,847 | +273.9% |
| Recurring financial income | 75 | €3,960 | €14,806 | +€10,847 | +273.9% |
| Financial charges | 65/66B | €3,683 | €10,177 | +€6,494 | +176.3% |
| Recurring financial charges | 65 | €3,683 | €10,177 | +€6,494 | +176.3% |
| Profit (loss) for the period before taxes | 9903 | €188,964 | €211,185 | +€22,222 | +11.8% |
| Income taxes | 67/77 | €53,534 | €48,128 | -€5,406 | -10.1% |
| Profit (loss) for the period | 9904 | €135,430 | €163,057 | +€27,628 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €135,430 | €163,057 | +€27,628 | +20.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.