ROLLING FRIES: 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.
ROLLING FRIES
Largest movements
- Tangible fixed assets -€33,395
down €33,395 (-31.7%), from €105,328 to €71,933
of which Plant, machinery and equipment: -€26,017
- Receivables within one year +€31,420
up €31,420 (+1,302%), from €2,413 to €33,833
of which Other amounts receivable: +€31,835
- Cash +€31,108
up €31,108 (+129%), from €24,191 to €55,299
mainly Net result for the year (+€87,365) and Current portion of long-term debt (+€40,000)
- Stocks and contracts -€9,111
down €9,111 (-78.2%), from €11,649 to €2,538
- Financial fixed assets +€1,688
new in 2025: €1,688
- Other debts -€95,395
down €95,395 (-99.1%), from €96,282 to €887
- Reserves +€87,365
up €87,365 (+4,521%), from €1,932 to €89,297
- Current portion of long-term debt +€40,000
new in 2025: €40,000
- Trade debts -€8,277
down €8,277 (-91.3%), from €9,066 to €789
- Tax, wage and social debts -€1,984
down €1,984 (-31.5%), from €6,301 to €4,318
of which Taxes: -€1,984
- Gross operating margin +€142,342
up €142,342 (+217%), from €65,474 to €207,816
- Staff costs +€41,621
up €41,621 (+299%), from €13,921 to €55,543
- Taxes +€28,825
up €28,825 (+540%), from €5,341 to €34,167
- Financial charges +€3,852
up €3,852 (+196%), from €1,970 to €5,822
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 | €143,582 | €165,291 | +€21,709 | +15.1% |
| Fixed assets | 21/28 | €105,328 | €73,621 | -€31,708 | -30.1% |
| Tangible fixed assets | 22/27 | €105,328 | €71,933 | -€33,395 | -31.7% |
| Land and buildings | 22 | €4,963 | €7,619 | +€2,656 | +53.5% |
| Plant, machinery and equipment | 23 | €89,722 | €63,705 | -€26,017 | -29.0% |
| Furniture and vehicles | 24 | €10,643 | €610 | -€10,034 | -94.3% |
| Financial fixed assets | 28 | - | €1,688 | +€1,688 | |
| Current assets | 29/58 | €38,253 | €91,670 | +€53,417 | +140% |
| Stocks and contracts in progress | 3 | €11,649 | €2,538 | -€9,111 | -78.2% |
| Stocks | 30/36 | €11,649 | €2,538 | -€9,111 | -78.2% |
| Amounts receivable within one year | 40/41 | €2,413 | €33,833 | +€31,420 | +1,302% |
| Trade receivables | 40 | €414 | - | -€414 | |
| Other amounts receivable | 41 | €1,999 | €33,833 | +€31,835 | +1,593% |
| Cash at bank and in hand | 54/58 | €24,191 | €55,299 | +€31,108 | +129% |
| Total equity and liabilities | 10/49 | €143,582 | €165,291 | +€21,709 | +15.1% |
| Equity | 10/15 | €31,932 | €119,297 | +€87,365 | +274% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €1,932 | €89,297 | +€87,365 | +4,521% |
| Distributable reserves | 133 | €1,932 | €89,297 | +€87,365 | +4,521% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €111,649 | €45,994 | -€65,656 | -58.8% |
| Amounts payable within one year | 42/48 | €111,649 | €45,994 | -€65,656 | -58.8% |
| Current portion of amounts payable after more than one year | 42 | - | €40,000 | +€40,000 | |
| Trade debts | 44 | €9,066 | €789 | -€8,277 | -91.3% |
| Suppliers | 440/4 | €9,066 | €789 | -€8,277 | -91.3% |
| Taxes, remuneration and social security | 45 | €6,301 | €4,318 | -€1,984 | -31.5% |
| Taxes | 450/3 | €5,341 | €3,358 | -€1,984 | -37.1% |
| Remuneration and social security | 454/9 | €960 | €960 | -€0 | 0.0% |
| Other amounts payable | 47/48 | €96,282 | €887 | -€95,395 | -99.1% |
| Remuneration, social security and pensions | 62 | €13,921 | €55,543 | +€41,621 | +299% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,045 | €21,280 | +€235 | +1.1% |
| Other operating charges | 640/8 | €1,359 | €1,285 | -€74 | -5.4% |
| Non-recurring operating charges | 66A | €59 | €2,402 | +€2,343 | +4,004% |
| Gross operating margin | 9900 | €65,474 | €207,816 | +€142,342 | +217% |
| Operating profit (loss) | 9901 | €29,090 | €127,307 | +€98,217 | +338% |
| Financial income | 75/76B | €70 | €46 | -€24 | -33.7% |
| Recurring financial income | 75 | €70 | €46 | -€24 | -33.7% |
| Financial charges | 65/66B | €1,970 | €5,822 | +€3,852 | +196% |
| Recurring financial charges | 65 | €1,970 | €5,822 | +€3,852 | +196% |
| Profit (loss) for the period before taxes | 9903 | €27,190 | €121,531 | +€94,341 | +347% |
| Income taxes | 67/77 | €5,341 | €34,167 | +€28,825 | +540% |
| Profit (loss) for the period | 9904 | €21,849 | €87,365 | +€65,516 | +300% |
| Profit (loss) for the period to be appropriated | 9905 | €21,849 | €87,365 | +€65,516 | +300% |
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 24 October 2026 via checked.be.