RoLo: 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.
RoLo
Largest movements
- Tangible fixed assets -€6,220
down €6,220 (-21.4%), from €29,110 to €22,890
- Receivables within one year -€1,313
down €1,313 (-47.4%), from €2,768 to €1,455
of which Other amounts receivable: -€1,289
- Cash +€1,151
up €1,151 (+6.5%), from €17,573 to €18,724
mainly Net result for the year (+€10,470) and Depreciation (+€6,220)
- Deferred charges and accrued income +€730
up €730 (+221.3%), from €330 to €1,059
- Other debts -€19,488
down €19,488 (-50.0%), from €38,983 to €19,495
- Reserves +€10,470
up €10,470 (+119.0%), from €8,797 to €19,267
- Tax, wage and social debts +€2,355
new in 2025: €2,355
- Trade debts +€1,011
up €1,011, from €0 to €1,011
- Gross operating margin +€8,113
up €8,113 (+62.8%), from €12,928 to €21,041
- Other operating charges -€4,858
down €4,858 (-87.4%), from €5,559 to €701
- Depreciation +€4,586
up €4,586 (+280.8%), from €1,634 to €6,220
- Taxes +€1,350
up €1,350 (+66.0%), from €2,045 to €3,395
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 | €49,780 | €44,128 | -€5,652 | -11.4% |
| Fixed assets | 21/28 | €29,110 | €22,890 | -€6,220 | -21.4% |
| Tangible fixed assets | 22/27 | €29,110 | €22,890 | -€6,220 | -21.4% |
| Furniture and vehicles | 24 | €29,110 | €22,890 | -€6,220 | -21.4% |
| Current assets | 29/58 | €20,671 | €21,238 | +€568 | +2.7% |
| Amounts receivable within one year | 40/41 | €2,768 | €1,455 | -€1,313 | -47.4% |
| Trade receivables | 40 | €24 | €0 | -€24 | -100.0% |
| Other amounts receivable | 41 | €2,745 | €1,455 | -€1,289 | -47.0% |
| Cash at bank and in hand | 54/58 | €17,573 | €18,724 | +€1,151 | +6.5% |
| Deferred charges and accrued income | 490/1 | €330 | €1,059 | +€730 | +221.3% |
| Total equity and liabilities | 10/49 | €49,780 | €44,128 | -€5,652 | -11.4% |
| Equity | 10/15 | €10,797 | €21,267 | +€10,470 | +97.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €8,797 | €19,267 | +€10,470 | +119.0% |
| Distributable reserves | 133 | €8,797 | €19,267 | +€10,470 | +119.0% |
| Amounts payable | 17/49 | €38,983 | €22,861 | -€16,122 | -41.4% |
| Amounts payable within one year | 42/48 | €38,983 | €22,861 | -€16,122 | -41.4% |
| Trade debts | 44 | €0 | €1,011 | +€1,011 | |
| Suppliers | 440/4 | €0 | €1,011 | +€1,011 | |
| Taxes, remuneration and social security | 45 | - | €2,355 | +€2,355 | |
| Taxes | 450/3 | - | €2,355 | +€2,355 | |
| Other amounts payable | 47/48 | €38,983 | €19,495 | -€19,488 | -50.0% |
| Remuneration, social security and pensions | 62 | €139 | €208 | +€69 | +49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,634 | €6,220 | +€4,586 | +280.8% |
| Other operating charges | 640/8 | €5,559 | €701 | -€4,858 | -87.4% |
| Gross operating margin | 9900 | €12,928 | €21,041 | +€8,113 | +62.8% |
| Operating profit (loss) | 9901 | €5,597 | €13,912 | +€8,315 | +148.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €44 | €47 | +€4 | +8.6% |
| Recurring financial charges | 65 | €44 | €47 | +€4 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €5,553 | €13,865 | +€8,311 | +149.7% |
| Income taxes | 67/77 | €2,045 | €3,395 | +€1,350 | +66.0% |
| Profit (loss) for the period | 9904 | €3,509 | €10,470 | +€6,961 | +198.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,509 | €10,470 | +€6,961 | +198.4% |
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 28 September 2026 via checked.be.