ROLEX BENELUX: 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.
What changed
ROLEX BENELUX
NACE 46.480, Wholesale trade
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€8.8m
2024 · €9.6m-€758,355
Equity
€8.5m
2024 · €8.7m-€190,333
Cash
€8.1m
2024 · €7.8m+€286,939
Balance sheet total
€31.9m
2024 · €31.8m+€86,918
Largest movements
Assets
- Receivables within one year +€2.5m
up €2.5m (+48.6%), from €5.1m to €7.6m
- Stocks and contracts -€2.4m
down €2.4m (-16.6%), from €14.4m to €12.0m
Equity and liabilities
- Trade debts +€898,826
up €898,826 (+8.4%), from €10.7m to €11.6m
- Other debts -€500,000
down €500,000 (-5.3%), from €9.5m to €9.0m
Income statement
- Turnover +€7.9m
up €7.9m (+7.6%), from €104.1m to €112.0m
- Goods and materials +€7.9m
up €7.9m (+9.4%), from €84.1m to €91.9m
of which Change in stocks: decrease (increase): +€4.2m
- Services and other goods +€2.1m
up €2.1m (+36.1%), from €5.7m to €7.8m
- Other operating income +€1.8m
up €1.8m (+108.9%), from €1.6m to €3.4m
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.
Result 2024
€9.6m
Turnover
+€7.9m
Other operating income
+€1.8m
Goods and materials
-€7.9m
Services and other goods
-€2.1m
Staff costs
+€65,051
Depreciation
+€20,958
Write-downs
+€162,388
Provisions
-€957,324
Other operating charges
-€5,962
Other operating items
+€149,877
Financial income
-€146,031
Financial charges
+€23,171
Taxes
+€236,258
Result 2025
€8.8m
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.
From operations
+€9.4m
Investment
-€141,338
Financing
-€9.0m
Cash 2024
€7.8m
From operations (derived)
+€9.4m
Net result for the year
+€8.8m
Depreciation
+€439,527
Stocks and contracts
+€2.4m
Receivables within one year
-€2.5m
Provisions
-€12,999
Trade debts
+€898,826
Tax, wage and social debts
-€108,576
Other debts
-€500,000
Investment (derived)
-€141,338
Investment in fixed assets (net)
-€141,338
Financing
-€9.0m
Contributions, distributions and other
-€9.0m
Cash 2025
€8.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,767,964 | €31,854,882 | +€86,918 | +0.3% |
| Fixed assets | 21/28 | €4,423,772 | €4,125,583 | -€298,189 | -6.7% |
| Tangible fixed assets | 22/27 | €4,423,522 | €4,125,333 | -€298,189 | -6.7% |
| Land and buildings | 22 | €3,216,835 | €2,989,562 | -€227,273 | -7.1% |
| Plant, machinery and equipment | 23 | €1,029,266 | €982,611 | -€46,655 | -4.5% |
| Furniture and vehicles | 24 | €164,081 | €153,160 | -€10,921 | -6.7% |
| Assets under construction and advance payments | 27 | €13,340 | - | -€13,340 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Other financial fixed assets | 284/8 | €250 | €250 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €27,344,192 | €27,729,299 | +€385,107 | +1.4% |
| Stocks and contracts in progress | 3 | €14,388,857 | €12,002,612 | -€2.4m | -16.6% |
| Stocks | 30/36 | €14,388,857 | €12,002,612 | -€2.4m | -16.6% |
| Raw materials and consumables | 30/31 | €492,294 | €459,953 | -€32,341 | -6.6% |
| Work in progress | 32 | €9,872 | €9,872 | = | 0.0% |
| Finished goods | 33 | €164,892 | €186,313 | +€21,421 | +13.0% |
| Goods purchased for resale | 34 | €13,721,799 | €11,346,474 | -€2.4m | -17.3% |
| Amounts receivable within one year | 40/41 | €5,113,440 | €7,597,853 | +€2.5m | +48.6% |
| Trade receivables | 40 | €5,113,440 | €7,597,853 | +€2.5m | +48.6% |
| Cash at bank and in hand | 54/58 | €7,841,895 | €8,128,834 | +€286,939 | +3.7% |
| Total equity and liabilities | 10/49 | €31,767,964 | €31,854,882 | +€86,918 | +0.3% |
| Equity | 10/15 | €8,665,383 | €8,475,050 | -€190,333 | -2.2% |
| Contributions | 10/11 | €7,000,000 | €7,000,000 | = | 0.0% |
| Capital | 10 | €7,000,000 | €7,000,000 | = | 0.0% |
| Issued capital | 100 | €7,000,000 | €7,000,000 | = | 0.0% |
| Reserves | 13 | €1,261,365 | €1,261,365 | = | 0.0% |
| Non-distributable reserves | 130/1 | €716,431 | €716,431 | = | 0.0% |
| Legal reserve | 130 | €700,000 | €700,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,431 | €16,431 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,983 | €1,983 | = | 0.0% |
| Distributable reserves | 133 | €542,951 | €542,951 | = | 0.0% |
| Profit (loss) carried forward | 14 | €404,018 | €213,685 | -€190,333 | -47.1% |
| Provisions and deferred taxes | 16 | €269,063 | €256,064 | -€12,999 | -4.8% |
| Provisions for liabilities and charges | 160/5 | €269,063 | €256,064 | -€12,999 | -4.8% |
| Other liabilities and charges | 164/5 | €269,063 | €256,064 | -€12,999 | -4.8% |
| Amounts payable | 17/49 | €22,833,518 | €23,123,768 | +€290,250 | +1.3% |
| Amounts payable within one year | 42/48 | €22,833,518 | €23,123,768 | +€290,250 | +1.3% |
| Trade debts | 44 | €10,709,692 | €11,608,518 | +€898,826 | +8.4% |
| Suppliers | 440/4 | €10,709,692 | €11,608,518 | +€898,826 | +8.4% |
| Taxes, remuneration and social security | 45 | €2,623,826 | €2,515,250 | -€108,576 | -4.1% |
| Taxes | 450/3 | €2,239,315 | €2,133,030 | -€106,285 | -4.7% |
| Remuneration and social security | 454/9 | €384,511 | €382,220 | -€2,291 | -0.6% |
| Other amounts payable | 47/48 | €9,500,000 | €9,000,000 | -€500,000 | -5.3% |
| Operating income | 70/76A | €105,700,398 | €115,326,069 | +€9.6m | +9.1% |
| Turnover | 70 | €104,093,064 | €111,968,501 | +€7.9m | +7.6% |
| Other operating income | 74 | €1,607,334 | €3,357,568 | +€1.8m | +108.9% |
| Operating charges | 60/66A | €93,016,407 | €103,513,831 | +€10.5m | +11.3% |
| Goods for resale, raw materials and consumables | 60 | €84,057,543 | €91,925,573 | +€7.9m | +9.4% |
| Purchases | 600/8 | €85,751,520 | €89,423,871 | +€3.7m | +4.3% |
| Change in stocks: decrease (increase) | 609 | -€1,693,977 | €2,501,702 | +€4.2m | |
| Services and other goods | 61 | €5,717,331 | €7,781,713 | +€2.1m | +36.1% |
| Remuneration, social security and pensions | 62 | €3,537,131 | €3,472,080 | -€65,051 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €460,485 | €439,527 | -€20,958 | -4.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,525 | -€152,863 | -€162,388 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€970,321 | -€12,997 | +€957,324 | +98.7% |
| Other operating charges | 640/8 | €54,836 | €60,798 | +€5,962 | +10.9% |
| Non-recurring operating charges | 66A | €149,877 | - | -€149,877 | |
| Operating profit (loss) | 9901 | €12,683,991 | €11,812,238 | -€871,753 | -6.9% |
| Financial income | 75/76B | €259,773 | €113,742 | -€146,031 | -56.2% |
| Recurring financial income | 75 | €259,773 | €113,742 | -€146,031 | -56.2% |
| Other financial income | 752/9 | €259,773 | €113,742 | -€146,031 | -56.2% |
| Financial charges | 65/66B | €159,071 | €135,900 | -€23,171 | -14.6% |
| Recurring financial charges | 65 | €159,071 | €135,900 | -€23,171 | -14.6% |
| Other financial charges | 652/9 | €159,071 | €135,900 | -€23,171 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €12,784,693 | €11,790,080 | -€994,613 | -7.8% |
| Income taxes | 67/77 | €3,216,671 | €2,980,413 | -€236,258 | -7.3% |
| Taxes | 670/3 | €3,216,671 | €2,980,413 | -€236,258 | -7.3% |
| Profit (loss) for the period | 9904 | €9,568,022 | €8,809,667 | -€758,355 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,568,022 | €8,809,667 | -€758,355 | -7.9% |
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 10 October 2026 via checked.be.