Roofline: 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.
Roofline
Largest movements
- Tangible fixed assets +€291,776
up €291,776 (+79.8%), from €365,762 to €657,538
of which Other tangible fixed assets: +€289,736
- Cash +€230,412
up €230,412 (+779.9%), from €29,542 to €259,953
mainly Other debts (+€486,710) and Net result for the year (+€438,655)
- Stocks and contracts +€42,300
new in 2025: €42,300
- Receivables within one year -€27,876
down €27,876 (-7.3%), from €381,024 to €353,147
of which Trade receivables: -€115,519
- Other debts +€486,710
up €486,710 (+296.7%), from €164,034 to €650,744
- Profit (loss) carried forward -€325,331
no longer reported in 2025 (was €325,331)
- Debts after one year +€294,769
up €294,769 (+125.8%), from €234,233 to €529,002
- Tax, wage and social debts +€51,442
up €51,442 (+358.3%), from €14,356 to €65,798
of which Taxes: +€53,798
- Current portion of long-term debt +€17,069
up €17,069 (+129.7%), from €13,163 to €30,231
- Gross operating margin +€417,465
up €417,465 (+105.6%), from €395,476 to €812,941
- Staff costs +€110,853
up €110,853 (+126.1%), from €87,896 to €198,748
- Taxes +€69,197
up €69,197 (+111.7%), from €61,971 to €131,168
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 | €779,061 | €1,316,452 | +€537,391 | +69.0% |
| Fixed assets | 21/28 | €365,762 | €657,538 | +€291,776 | +79.8% |
| Tangible fixed assets | 22/27 | €365,762 | €657,538 | +€291,776 | +79.8% |
| Land and buildings | 22 | €337,022 | €328,136 | -€8,886 | -2.6% |
| Plant, machinery and equipment | 23 | €8,887 | €4,798 | -€4,089 | -46.0% |
| Furniture and vehicles | 24 | €19,853 | €34,867 | +€15,014 | +75.6% |
| Other tangible fixed assets | 26 | - | €289,736 | +€289,736 | |
| Current assets | 29/58 | €413,298 | €658,914 | +€245,615 | +59.4% |
| Stocks and contracts in progress | 3 | - | €42,300 | +€42,300 | |
| Contracts in progress | 37 | - | €42,300 | +€42,300 | |
| Amounts receivable within one year | 40/41 | €381,024 | €353,147 | -€27,876 | -7.3% |
| Trade receivables | 40 | €361,798 | €246,279 | -€115,519 | -31.9% |
| Other amounts receivable | 41 | €19,226 | €106,869 | +€87,642 | +455.8% |
| Cash at bank and in hand | 54/58 | €29,542 | €259,953 | +€230,412 | +779.9% |
| Deferred charges and accrued income | 490/1 | €2,732 | €3,513 | +€780 | +28.6% |
| Total equity and liabilities | 10/49 | €779,061 | €1,316,452 | +€537,391 | +69.0% |
| Equity | 10/15 | €328,331 | €3,000 | -€325,331 | -99.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €325,331 | - | -€325,331 | |
| Amounts payable | 17/49 | €450,729 | €1,313,452 | +€862,722 | +191.4% |
| Amounts payable after more than one year | 17 | €234,233 | €529,002 | +€294,769 | +125.8% |
| Financial debts | 170/4 | €234,233 | €529,002 | +€294,769 | +125.8% |
| Amounts payable within one year | 42/48 | €216,331 | €784,450 | +€568,119 | +262.6% |
| Current portion of amounts payable after more than one year | 42 | €13,163 | €30,231 | +€17,069 | +129.7% |
| Trade debts | 44 | €24,779 | €37,676 | +€12,898 | +52.1% |
| Suppliers | 440/4 | €24,779 | €37,676 | +€12,898 | +52.1% |
| Taxes, remuneration and social security | 45 | €14,356 | €65,798 | +€51,442 | +358.3% |
| Taxes | 450/3 | €12,000 | €65,798 | +€53,798 | +448.3% |
| Remuneration and social security | 454/9 | €2,356 | - | -€2,356 | |
| Other amounts payable | 47/48 | €164,034 | €650,744 | +€486,710 | +296.7% |
| Accrued charges and deferred income | 492/3 | €165 | - | -€165 | |
| Remuneration, social security and pensions | 62 | €87,896 | €198,748 | +€110,853 | +126.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,006 | €31,251 | +€4,245 | +15.7% |
| Other operating charges | 640/8 | €1,224 | €3,416 | +€2,192 | +179.1% |
| Gross operating margin | 9900 | €395,476 | €812,941 | +€417,465 | +105.6% |
| Operating profit (loss) | 9901 | €279,351 | €579,526 | +€300,174 | +107.5% |
| Financial income | 75/76B | €2,376 | €3,119 | +€743 | +31.3% |
| Recurring financial income | 75 | €2,376 | €3,119 | +€743 | +31.3% |
| Financial charges | 65/66B | €13,986 | €12,821 | -€1,165 | -8.3% |
| Recurring financial charges | 65 | €13,986 | €12,821 | -€1,165 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €267,741 | €569,824 | +€302,082 | +112.8% |
| Income taxes | 67/77 | €61,971 | €131,168 | +€69,197 | +111.7% |
| Profit (loss) for the period | 9904 | €205,770 | €438,655 | +€232,886 | +113.2% |
| Profit (loss) for the period to be appropriated | 9905 | €205,770 | €438,655 | +€232,886 | +113.2% |
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.