ROLU: 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.
ROLU
Largest movements
- Tangible fixed assets -€55,036
down €55,036 (-6.2%), from €881,746 to €826,710
- Receivables within one year -€15,452
down €15,452 (-4.7%), from €326,912 to €311,461
of which Trade receivables: -€58,852
- Accrued charges and deferred income -€73,456
down €73,456 (-83.9%), from €87,556 to €14,100
- Other debts +€55,486
up €55,486 (+62.0%), from €89,514 to €145,000
- Debts after one year -€51,036
down €51,036 (-6.7%), from €759,467 to €708,431
- Gross operating margin +€52,720
up €52,720 (+20.0%), from €263,542 to €316,262
- Other operating charges -€47,322
down €47,322 (-51.9%), from €91,146 to €43,825
- Taxes +€28,532
up €28,532 (+109.6%), from €26,028 to €54,560
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 | €1,303,951 | €1,235,560 | -€68,390 | -5.2% |
| Fixed assets | 21/28 | €938,752 | €883,716 | -€55,036 | -5.9% |
| Tangible fixed assets | 22/27 | €881,746 | €826,710 | -€55,036 | -6.2% |
| Land and buildings | 22 | €881,746 | €826,710 | -€55,036 | -6.2% |
| Financial fixed assets | 28 | €57,006 | €57,006 | = | 0.0% |
| Current assets | 29/58 | €365,199 | €351,844 | -€13,355 | -3.7% |
| Amounts receivable within one year | 40/41 | €326,912 | €311,461 | -€15,452 | -4.7% |
| Trade receivables | 40 | €58,852 | - | -€58,852 | |
| Other amounts receivable | 41 | €268,061 | €311,461 | +€43,400 | +16.2% |
| Cash at bank and in hand | 54/58 | €36,079 | €39,754 | +€3,675 | +10.2% |
| Deferred charges and accrued income | 490/1 | €2,207 | €629 | -€1,578 | -71.5% |
| Total equity and liabilities | 10/49 | €1,303,951 | €1,235,560 | -€68,390 | -5.2% |
| Equity | 10/15 | €203,770 | €203,708 | -€63 | 0.0% |
| Contributions | 10/11 | €184,712 | €184,712 | = | 0.0% |
| Capital | 10 | €184,712 | €184,712 | = | 0.0% |
| Issued capital | 100 | €184,712 | €184,712 | = | 0.0% |
| Reserves | 13 | €18,700 | €18,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,700 | €18,700 | = | 0.0% |
| Legal reserve | 130 | €18,700 | €18,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €359 | €296 | -€63 | -17.5% |
| Provisions and deferred taxes | 16 | €66,706 | €66,706 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €66,706 | €66,706 | = | 0.0% |
| Major repairs and maintenance | 162 | €66,706 | €66,706 | = | 0.0% |
| Amounts payable | 17/49 | €1,033,475 | €965,147 | -€68,328 | -6.6% |
| Amounts payable after more than one year | 17 | €759,467 | €708,431 | -€51,036 | -6.7% |
| Financial debts | 170/4 | €759,467 | €708,431 | -€51,036 | -6.7% |
| Amounts payable within one year | 42/48 | €186,451 | €242,616 | +€56,165 | +30.1% |
| Current portion of amounts payable after more than one year | 42 | €63,831 | €75,328 | +€11,498 | +18.0% |
| Trade debts | 44 | €1,940 | €788 | -€1,152 | -59.4% |
| Suppliers | 440/4 | €1,940 | €788 | -€1,152 | -59.4% |
| Taxes, remuneration and social security | 45 | €31,167 | €21,500 | -€9,667 | -31.0% |
| Taxes | 450/3 | €31,167 | €21,500 | -€9,667 | -31.0% |
| Other amounts payable | 47/48 | €89,514 | €145,000 | +€55,486 | +62.0% |
| Accrued charges and deferred income | 492/3 | €87,556 | €14,100 | -€73,456 | -83.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,036 | €55,036 | +€0 | 0.0% |
| Other operating charges | 640/8 | €91,146 | €43,825 | -€47,322 | -51.9% |
| Non-recurring operating charges | 66A | - | €2,207 | +€2,207 | |
| Gross operating margin | 9900 | €263,542 | €316,262 | +€52,720 | +20.0% |
| Operating profit (loss) | 9901 | €117,360 | €215,194 | +€97,834 | +83.4% |
| Financial charges | 65/66B | €17,793 | €15,697 | -€2,096 | -11.8% |
| Recurring financial charges | 65 | €17,793 | €15,697 | -€2,096 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €99,567 | €199,497 | +€99,930 | +100.4% |
| Income taxes | 67/77 | €26,028 | €54,560 | +€28,532 | +109.6% |
| Profit (loss) for the period | 9904 | €73,539 | €144,937 | +€71,398 | +97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €73,539 | €144,937 | +€71,398 | +97.1% |
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 8 October 2026 via checked.be.