Roosevelt: 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.
Roosevelt
Largest movements
- Tangible fixed assets +€807,385
up €807,385 (+28.0%), from €2.9m to €3.7m
of which Assets under construction and advance payments: +€845,516
- Trade debts +€622,745
up €622,745 (+76418.9%), from €815 to €623,560
- Other debts +€218,054
up €218,054 (+19.8%), from €1.1m to €1.3m
- Debts after one year +€115,274
up €115,274 (+4.6%), from €2.5m to €2.6m
- Profit (loss) carried forward -€102,817
down €102,817 (-7.0%), from -€1.5m to -€1.6m
- Gross operating margin -€41,746
down €41,746 (-237.4%), from -€17,588 to -€59,334
- Depreciation -€34,025
down €34,025 (-20.8%), from €163,873 to €129,848
- Financial income -€5,957
down €5,957 (-8.0%), from €74,548 to €68,592
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 | €2,890,014 | €3,694,953 | +€804,939 | +27.9% |
| Fixed assets | 21/28 | €2,882,957 | €3,690,275 | +€807,317 | +28.0% |
| Intangible fixed assets | 21 | €67 | €0 | -€67 | -100.0% |
| Tangible fixed assets | 22/27 | €2,882,890 | €3,690,275 | +€807,385 | +28.0% |
| Land and buildings | 22 | €1,439,864 | €1,401,733 | -€38,131 | -2.6% |
| Assets under construction and advance payments | 27 | €1,443,027 | €2,288,542 | +€845,516 | +58.6% |
| Current assets | 29/58 | €7,057 | €4,678 | -€2,379 | -33.7% |
| Cash at bank and in hand | 54/58 | €2,659 | €190 | -€2,469 | -92.8% |
| Deferred charges and accrued income | 490/1 | €4,398 | €4,488 | +€90 | +2.0% |
| Total equity and liabilities | 10/49 | €2,890,014 | €3,694,953 | +€804,939 | +27.9% |
| Equity | 10/15 | -€820,116 | -€935,465 | -€115,349 | -14.1% |
| Contributions | 10/11 | €62,013 | €62,013 | = | 0.0% |
| Capital | 10 | €62,013 | €62,013 | = | 0.0% |
| Issued capital | 100 | €62,013 | €62,013 | = | 0.0% |
| Revaluation surpluses | 12 | €576,594 | €576,594 | = | 0.0% |
| Reserves | 13 | €12,533 | €0 | -€12,533 | -100.0% |
| Tax-exempt reserves | 132 | €12,533 | €0 | -€12,533 | -100.0% |
| Profit (loss) carried forward | 14 | -€1,471,256 | -€1,574,072 | -€102,817 | -7.0% |
| Provisions and deferred taxes | 16 | €6,360 | €0 | -€6,360 | -100.0% |
| Deferred taxes | 168 | €6,360 | €0 | -€6,360 | -100.0% |
| Amounts payable | 17/49 | €3,703,770 | €4,630,418 | +€926,648 | +25.0% |
| Amounts payable after more than one year | 17 | €2,523,812 | €2,639,086 | +€115,274 | +4.6% |
| Other amounts payable | 178/9 | €2,523,812 | €2,639,086 | +€115,274 | +4.6% |
| Amounts payable within one year | 42/48 | €1,103,877 | €1,944,676 | +€840,799 | +76.2% |
| Trade debts | 44 | €815 | €623,560 | +€622,745 | +76418.9% |
| Suppliers | 440/4 | €815 | €623,560 | +€622,745 | +76418.9% |
| Other amounts payable | 47/48 | €1,103,062 | €1,321,116 | +€218,054 | +19.8% |
| Accrued charges and deferred income | 492/3 | €76,081 | €46,656 | -€29,425 | -38.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,873 | €129,848 | -€34,025 | -20.8% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | -€17,588 | -€59,334 | -€41,746 | -237.4% |
| Operating profit (loss) | 9901 | -€182,547 | -€190,301 | -€7,754 | -4.2% |
| Financial income | 75/76B | €74,548 | €68,592 | -€5,957 | -8.0% |
| Recurring financial income | 75 | €74,548 | €68,592 | -€5,957 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | -€107,999 | -€121,709 | -€13,711 | -12.7% |
| Transfer from deferred taxes | 780 | - | €6,360 | +€6,360 | |
| Profit (loss) for the period | 9904 | -€107,999 | -€115,349 | -€7,351 | -6.8% |
| Transfer from tax-exempt reserves | 789 | - | €12,533 | +€12,533 | |
| Profit (loss) for the period to be appropriated | 9905 | -€107,999 | -€102,817 | +€5,182 | +4.8% |
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 6 October 2026 via checked.be.