Roofs & Projects: 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.
Roofs & Projects
Largest movements
- Cash -€31,855
down €31,855 (-38.2%), from €83,493 to €51,638
mainly Current portion of long-term debt (-€18,000) and Investment in fixed assets (net) (-€16,303)
- Tangible fixed assets +€12,671
up €12,671 (+112.0%), from €11,314 to €23,985
of which Plant, machinery and equipment: +€8,366
- Receivables within one year +€11,419
up €11,419 (+112.4%), from €10,158 to €21,577
of which Other amounts receivable: +€7,873
- Stocks and contracts +€1,201
new in 2025: €1,201
- Current portion of long-term debt -€18,000
down €18,000 (-100.0%), from €18,000 to €0
- Reserves +€16,497
up €16,497 (+27.5%), from €59,997 to €76,494
- Trade debts -€8,245
down €8,245 (-37.4%), from €22,058 to €13,813
- Tax, wage and social debts +€2,504
up €2,504 (+65.1%), from €3,846 to €6,350
- Gross operating margin -€71,564
down €71,564 (-73.2%), from €97,806 to €26,243
- Taxes -€15,496
down €15,496 (-78.1%), from €19,846 to €4,350
- Other operating charges -€15,321
down €15,321 (-90.5%), from €16,927 to €1,606
- Depreciation +€2,565
up €2,565 (+240.6%), from €1,066 to €3,632
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 | €106,402 | €99,279 | -€7,123 | -6.7% |
| Fixed assets | 21/28 | €11,314 | €23,985 | +€12,671 | +112.0% |
| Tangible fixed assets | 22/27 | €11,314 | €23,985 | +€12,671 | +112.0% |
| Plant, machinery and equipment | 23 | €8,878 | €17,244 | +€8,366 | +94.2% |
| Furniture and vehicles | 24 | €2,436 | €6,741 | +€4,305 | +176.7% |
| Current assets | 29/58 | €95,087 | €75,294 | -€19,794 | -20.8% |
| Stocks and contracts in progress | 3 | - | €1,201 | +€1,201 | |
| Stocks | 30/36 | - | €1,201 | +€1,201 | |
| Amounts receivable within one year | 40/41 | €10,158 | €21,577 | +€11,419 | +112.4% |
| Trade receivables | 40 | €3,392 | €6,938 | +€3,546 | +104.5% |
| Other amounts receivable | 41 | €6,766 | €14,639 | +€7,873 | +116.4% |
| Cash at bank and in hand | 54/58 | €83,493 | €51,638 | -€31,855 | -38.2% |
| Deferred charges and accrued income | 490/1 | €1,437 | €879 | -€558 | -38.8% |
| Total equity and liabilities | 10/49 | €106,402 | €99,279 | -€7,123 | -6.7% |
| Equity | 10/15 | €62,497 | €78,994 | +€16,497 | +26.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €59,997 | €76,494 | +€16,497 | +27.5% |
| Distributable reserves | 133 | €59,997 | €76,494 | +€16,497 | +27.5% |
| Amounts payable | 17/49 | €43,905 | €20,285 | -€23,619 | -53.8% |
| Amounts payable within one year | 42/48 | €43,905 | €20,164 | -€23,741 | -54.1% |
| Current portion of amounts payable after more than one year | 42 | €18,000 | €0 | -€18,000 | -100.0% |
| Trade debts | 44 | €22,058 | €13,813 | -€8,245 | -37.4% |
| Suppliers | 440/4 | €22,058 | €13,813 | -€8,245 | -37.4% |
| Taxes, remuneration and social security | 45 | €3,846 | €6,350 | +€2,504 | +65.1% |
| Taxes | 450/3 | €3,846 | €6,350 | +€2,504 | +65.1% |
| Accrued charges and deferred income | 492/3 | - | €122 | +€122 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,066 | €3,632 | +€2,565 | +240.6% |
| Other operating charges | 640/8 | €16,927 | €1,606 | -€15,321 | -90.5% |
| Gross operating margin | 9900 | €97,806 | €26,243 | -€71,564 | -73.2% |
| Operating profit (loss) | 9901 | €79,813 | €21,005 | -€58,808 | -73.7% |
| Financial income | 75/76B | €181 | €504 | +€323 | +178.7% |
| Recurring financial income | 75 | €181 | €504 | +€323 | +178.7% |
| Financial charges | 65/66B | €150 | €661 | +€511 | +340.8% |
| Recurring financial charges | 65 | €150 | €661 | +€511 | +340.8% |
| Profit (loss) for the period before taxes | 9903 | €79,843 | €20,847 | -€58,996 | -73.9% |
| Income taxes | 67/77 | €19,846 | €4,350 | -€15,496 | -78.1% |
| Profit (loss) for the period | 9904 | €59,997 | €16,497 | -€43,500 | -72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €59,997 | €16,497 | -€43,500 | -72.5% |
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.