ROLEOS: 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.
ROLEOS
Largest movements
- Current investments -€2.2m
down €2.2m (-100%), from €2.2m to €0
- Financial fixed assets -€499,850
down €499,850 (-100.0%), from €500,000 to €150
- Cash +€114,627
up €114,627 (+29.4%), from €390,233 to €504,860
mainly Current investments (+€2.2m) and Investment in fixed assets (net) (+€529,091)
- Tangible fixed assets -€101,475
down €101,475 (-29.5%), from €344,423 to €242,948
- Reserves -€3.1m
down €3.1m (-99.2%), from €3.1m to €23,343
- Other debts +€484,226
up €484,226 (+3,070%), from €15,774 to €500,000
- Debts after one year -€67,431
down €67,431 (-11.4%), from €590,427 to €522,996
of which Trade debts: -€58,091
- Current portion of long-term debt -€42,093
down €42,093 (-81.8%), from €51,432 to €9,340
- Financial income -€314,962
down €314,962 (-84.5%), from €372,769 to €57,806
- Gross operating margin -€180,689
down €180,689 (-23.3%), from €776,157 to €595,468
- Taxes -€38,082
down €38,082 (-34.8%), from €109,377 to €71,295
- Depreciation -€22,144
down €22,144 (-23.5%), from €94,379 to €72,235
- Staff costs +€11,646
up €11,646 (+4.4%), from €263,490 to €275,135
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 | €3,954,462 | €1,272,147 | -€2.7m | -67.8% |
| Fixed assets | 21/28 | €844,423 | €243,098 | -€601,325 | -71.2% |
| Tangible fixed assets | 22/27 | €344,423 | €242,948 | -€101,475 | -29.5% |
| Plant, machinery and equipment | 23 | €141,226 | €93,957 | -€47,269 | -33.5% |
| Furniture and vehicles | 24 | €29,901 | €626 | -€29,275 | -97.9% |
| Other tangible fixed assets | 26 | €173,296 | €148,365 | -€24,931 | -14.4% |
| Financial fixed assets | 28 | €500,000 | €150 | -€499,850 | -100.0% |
| Current assets | 29/58 | €3,110,039 | €1,029,049 | -€2.1m | -66.9% |
| Stocks and contracts in progress | 3 | €390,471 | €429,611 | +€39,140 | +10.0% |
| Stocks | 30/36 | €390,471 | €429,611 | +€39,140 | +10.0% |
| Amounts receivable within one year | 40/41 | €88,630 | €91,244 | +€2,615 | +3.0% |
| Trade receivables | 40 | €83,689 | €42,609 | -€41,081 | -49.1% |
| Other amounts receivable | 41 | €4,940 | €48,635 | +€43,695 | +885% |
| Current investments | 50/53 | €2,222,407 | €0 | -€2.2m | -100% |
| Cash at bank and in hand | 54/58 | €390,233 | €504,860 | +€114,627 | +29.4% |
| Deferred charges and accrued income | 490/1 | €18,299 | €3,333 | -€14,966 | -81.8% |
| Total equity and liabilities | 10/49 | €3,954,462 | €1,272,147 | -€2.7m | -67.8% |
| Equity | 10/15 | €3,178,987 | €123,343 | -€3.1m | -96.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €3,078,987 | €23,343 | -€3.1m | -99.2% |
| Distributable reserves | 133 | €3,078,987 | €23,343 | -€3.1m | -99.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €775,476 | €1,148,803 | +€373,328 | +48.1% |
| Amounts payable after more than one year | 17 | €590,427 | €522,996 | -€67,431 | -11.4% |
| Financial debts | 170/4 | €71,286 | €61,946 | -€9,340 | -13.1% |
| Trade debts | 175 | €519,141 | €461,050 | -€58,091 | -11.2% |
| Amounts payable within one year | 42/48 | €185,049 | €625,807 | +€440,758 | +238% |
| Current portion of amounts payable after more than one year | 42 | €51,432 | €9,340 | -€42,093 | -81.8% |
| Trade debts | 44 | €63,141 | €59,332 | -€3,809 | -6.0% |
| Suppliers | 440/4 | €63,141 | €59,332 | -€3,809 | -6.0% |
| Taxes, remuneration and social security | 45 | €54,702 | €57,136 | +€2,434 | +4.5% |
| Taxes | 450/3 | €11,707 | €933 | -€10,773 | -92.0% |
| Remuneration and social security | 454/9 | €42,995 | €56,203 | +€13,208 | +30.7% |
| Other amounts payable | 47/48 | €15,774 | €500,000 | +€484,226 | +3,070% |
| Remuneration, social security and pensions | 62 | €263,490 | €275,135 | +€11,646 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,379 | €72,235 | -€22,144 | -23.5% |
| Other operating charges | 640/8 | €4,172 | €8,148 | +€3,976 | +95.3% |
| Gross operating margin | 9900 | €776,157 | €595,468 | -€180,689 | -23.3% |
| Operating profit (loss) | 9901 | €414,116 | €239,950 | -€174,166 | -42.1% |
| Financial income | 75/76B | €372,769 | €57,806 | -€314,962 | -84.5% |
| Recurring financial income | 75 | €372,769 | €57,806 | -€314,962 | -84.5% |
| Financial charges | 65/66B | €24,413 | €17,273 | -€7,140 | -29.2% |
| Recurring financial charges | 65 | €24,413 | €17,273 | -€7,140 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €762,472 | €280,483 | -€481,989 | -63.2% |
| Income taxes | 67/77 | €109,377 | €71,295 | -€38,082 | -34.8% |
| Profit (loss) for the period | 9904 | €653,095 | €209,188 | -€443,907 | -68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €653,095 | €209,188 | -€443,907 | -68.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.