ROLLEX: 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.
ROLLEX
Largest movements
- Tangible fixed assets -€26,526
down €26,526 (-44.3%), from €59,914 to €33,388
of which Furniture and vehicles: -€21,472
- Cash -€15,760
down €15,760 (-8.9%), from €177,076 to €161,316
mainly Other debts (-€28,188) and Debts after one year (-€14,990)
- Receivables within one year +€9,927
up €9,927 (+82.1%), from €12,090 to €22,017
of which Trade receivables: +€13,267
- Stocks and contracts -€2,964
down €2,964 (-8.6%), from €34,562 to €31,597
- Other debts -€28,188
down €28,188 (-100%), from €28,188 to €0
- Debts after one year -€14,990
down €14,990 (-100%), from €14,990 to €0
- Reserves +€10,970
up €10,970 (+5.8%), from €188,085 to €199,054
of which Distributable reserves: +€10,970
- Tax, wage and social debts -€5,471
down €5,471 (-100%), from €5,471 to €0
of which Remuneration and social security: -€4,022
- Trade debts +€3,143
up €3,143 (+19.4%), from €16,217 to €19,360
- Gross operating margin +€37,866
up €37,866 (+46.6%), from €81,301 to €119,166
- Staff costs -€5,869
down €5,869 (-7.4%), from €79,762 to €73,893
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 | €287,737 | €252,004 | -€35,732 | -12.4% |
| Fixed assets | 21/28 | €59,914 | €33,388 | -€26,526 | -44.3% |
| Tangible fixed assets | 22/27 | €59,914 | €33,388 | -€26,526 | -44.3% |
| Plant, machinery and equipment | 23 | €12,774 | €7,720 | -€5,054 | -39.6% |
| Furniture and vehicles | 24 | €47,140 | €25,668 | -€21,472 | -45.5% |
| Current assets | 29/58 | €227,823 | €218,617 | -€9,206 | -4.0% |
| Stocks and contracts in progress | 3 | €34,562 | €31,597 | -€2,964 | -8.6% |
| Stocks | 30/36 | €34,562 | €31,597 | -€2,964 | -8.6% |
| Amounts receivable within one year | 40/41 | €12,090 | €22,017 | +€9,927 | +82.1% |
| Trade receivables | 40 | €4,590 | €17,857 | +€13,267 | +289% |
| Other amounts receivable | 41 | €7,499 | €4,160 | -€3,339 | -44.5% |
| Cash at bank and in hand | 54/58 | €177,076 | €161,316 | -€15,760 | -8.9% |
| Deferred charges and accrued income | 490/1 | €4,096 | €3,686 | -€410 | -10.0% |
| Total equity and liabilities | 10/49 | €287,737 | €252,004 | -€35,732 | -12.4% |
| Equity | 10/15 | €206,685 | €217,654 | +€10,970 | +5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €188,085 | €199,054 | +€10,970 | +5.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €14,000 | €14,000 | = | 0.0% |
| Distributable reserves | 133 | €174,085 | €185,054 | +€10,970 | +6.3% |
| Amounts payable | 17/49 | €81,052 | €34,350 | -€46,702 | -57.6% |
| Amounts payable after more than one year | 17 | €14,990 | €0 | -€14,990 | -100% |
| Financial debts | 170/4 | €14,990 | €0 | -€14,990 | -100% |
| Amounts payable within one year | 42/48 | €66,062 | €34,350 | -€31,712 | -48.0% |
| Current portion of amounts payable after more than one year | 42 | €16,185 | €14,990 | -€1,195 | -7.4% |
| Trade debts | 44 | €16,217 | €19,360 | +€3,143 | +19.4% |
| Suppliers | 440/4 | €16,217 | €19,360 | +€3,143 | +19.4% |
| Taxes, remuneration and social security | 45 | €5,471 | €0 | -€5,471 | -100% |
| Taxes | 450/3 | €1,449 | €0 | -€1,449 | -100% |
| Remuneration and social security | 454/9 | €4,022 | €0 | -€4,022 | -100% |
| Other amounts payable | 47/48 | €28,188 | €0 | -€28,188 | -100% |
| Remuneration, social security and pensions | 62 | €79,762 | €73,893 | -€5,869 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,788 | €30,729 | -€59 | -0.2% |
| Other operating charges | 640/8 | €2,383 | €2,324 | -€58 | -2.4% |
| Gross operating margin | 9900 | €81,301 | €119,166 | +€37,866 | +46.6% |
| Operating profit (loss) | 9901 | -€31,631 | €12,220 | +€43,852 | |
| Financial income | 75/76B | €1,143 | €795 | -€348 | -30.5% |
| Recurring financial income | 75 | €1,143 | €795 | -€348 | -30.5% |
| Financial charges | 65/66B | €629 | €560 | -€69 | -11.0% |
| Recurring financial charges | 65 | €629 | €560 | -€69 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | -€31,117 | €12,455 | +€43,573 | |
| Income taxes | 67/77 | €322 | €1,486 | +€1,164 | +361% |
| Profit (loss) for the period | 9904 | -€31,439 | €10,970 | +€42,409 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,439 | €10,970 | +€42,409 |
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 15 October 2026 via checked.be.