ROLCO: 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.
ROLCO
Largest movements
- Cash +€538,008
up €538,008 (+18.6%), from €2.9m to €3.4m
mainly Net result for the year (+€657,208) and Trade debts (+€78,883)
- Current investments +€210,775
up €210,775 (+3.5%), from €6.0m to €6.2m
- Profit (loss) carried forward +€657,208
up €657,208 (+5.9%), from €11.1m to €11.8m
- Financial charges -€383,523
down €383,523 (-89.4%), from €428,769 to €45,246
- Financial income +€109,101
up €109,101 (+36.2%), from €301,747 to €410,848
- Staff costs -€28,524
down €28,524 (-14.0%), from €204,401 to €175,877
- Taxes +€17,518
up €17,518 (+12.8%), from €136,885 to €154,404
- Gross operating margin -€9,539
down €9,539 (-1.4%), from €701,530 to €691,991
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,664,144 | €12,385,500 | +€721,356 | +6.2% |
| Fixed assets | 21/28 | €2,191,588 | €2,145,169 | -€46,419 | -2.1% |
| Tangible fixed assets | 22/27 | €2,191,588 | €2,145,169 | -€46,419 | -2.1% |
| Land and buildings | 22 | €2,151,464 | €2,115,654 | -€35,810 | -1.7% |
| Plant, machinery and equipment | 23 | €40,124 | €29,515 | -€10,608 | -26.4% |
| Current assets | 29/58 | €9,472,556 | €10,240,331 | +€767,775 | +8.1% |
| Stocks and contracts in progress | 3 | €127,530 | €138,839 | +€11,309 | +8.9% |
| Stocks | 30/36 | €127,530 | €138,839 | +€11,309 | +8.9% |
| Amounts receivable within one year | 40/41 | €363,975 | €377,115 | +€13,141 | +3.6% |
| Trade receivables | 40 | €309,972 | €326,895 | +€16,923 | +5.5% |
| Other amounts receivable | 41 | €54,002 | €50,220 | -€3,782 | -7.0% |
| Current investments | 50/53 | €6,026,871 | €6,237,646 | +€210,775 | +3.5% |
| Cash at bank and in hand | 54/58 | €2,895,455 | €3,433,462 | +€538,008 | +18.6% |
| Deferred charges and accrued income | 490/1 | €58,726 | €53,268 | -€5,458 | -9.3% |
| Total equity and liabilities | 10/49 | €11,664,144 | €12,385,500 | +€721,356 | +6.2% |
| Equity | 10/15 | €11,380,207 | €12,037,415 | +€657,208 | +5.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €184,415 | €184,415 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,796 | €7,796 | = | 0.0% |
| Distributable reserves | 133 | €170,419 | €170,419 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,133,792 | €11,791,000 | +€657,208 | +5.9% |
| Amounts payable | 17/49 | €283,937 | €348,085 | +€64,148 | +22.6% |
| Amounts payable within one year | 42/48 | €271,673 | €345,416 | +€73,744 | +27.1% |
| Trade debts | 44 | €244,796 | €323,680 | +€78,883 | +32.2% |
| Suppliers | 440/4 | €244,796 | €323,680 | +€78,883 | +32.2% |
| Taxes, remuneration and social security | 45 | €26,620 | €21,480 | -€5,140 | -19.3% |
| Taxes | 450/3 | €5,126 | €4,041 | -€1,084 | -21.2% |
| Remuneration and social security | 454/9 | €21,494 | €17,439 | -€4,055 | -18.9% |
| Other amounts payable | 47/48 | €256 | €256 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €12,264 | €2,669 | -€9,595 | -78.2% |
| Remuneration, social security and pensions | 62 | €204,401 | €175,877 | -€28,524 | -14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,419 | €46,419 | = | 0.0% |
| Other operating charges | 640/8 | €25,853 | €23,686 | -€2,168 | -8.4% |
| Gross operating margin | 9900 | €701,530 | €691,991 | -€9,539 | -1.4% |
| Operating profit (loss) | 9901 | €424,857 | €446,010 | +€21,153 | +5.0% |
| Financial income | 75/76B | €301,747 | €410,848 | +€109,101 | +36.2% |
| Recurring financial income | 75 | €301,747 | €410,848 | +€109,101 | +36.2% |
| Financial charges | 65/66B | €428,769 | €45,246 | -€383,523 | -89.4% |
| Recurring financial charges | 65 | €428,769 | €45,246 | -€383,523 | -89.4% |
| Profit (loss) for the period before taxes | 9903 | €297,835 | €811,612 | +€513,777 | +172.5% |
| Income taxes | 67/77 | €136,885 | €154,404 | +€17,518 | +12.8% |
| Profit (loss) for the period | 9904 | €160,949 | €657,208 | +€496,258 | +308.3% |
| Profit (loss) for the period to be appropriated | 9905 | €160,949 | €657,208 | +€496,258 | +308.3% |
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.