ROOT 5: 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.
ROOT 5
Largest movements
- Current investments +€88,180
up €88,180 (+26.0%), from €339,530 to €427,710
- Cash -€48,132
down €48,132 (-41.0%), from €117,279 to €69,147
mainly Current investments (-€88,180) and Tax, wage and social debts (-€13,059)
- Tangible fixed assets -€10,469
down €10,469 (-27.3%), from €38,400 to €27,931
of which Furniture and vehicles: -€6,439
- Reserves +€30,000
up €30,000 (+6.6%), from €457,746 to €487,746
- Profit (loss) carried forward +€25,095
new in 2025: €25,095
- Tax, wage and social debts -€13,059
down €13,059 (-68.0%), from €19,197 to €6,138
- Gross operating margin -€47,767
down €47,767 (-35.5%), from €134,658 to €86,891
- Taxes -€14,860
down €14,860 (-38.8%), from €38,295 to €23,435
- Depreciation -€5,940
down €5,940 (-23.9%), from €24,846 to €18,906
- Financial income +€1,475
up €1,475 (+14.9%), from €9,871 to €11,346
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 | €497,964 | €529,020 | +€31,055 | +6.2% |
| Fixed assets | 21/28 | €39,511 | €28,407 | -€11,104 | -28.1% |
| Intangible fixed assets | 21 | €1,110 | €475 | -€635 | -57.2% |
| Tangible fixed assets | 22/27 | €38,400 | €27,931 | -€10,469 | -27.3% |
| Plant, machinery and equipment | 23 | €14,690 | €10,660 | -€4,030 | -27.4% |
| Furniture and vehicles | 24 | €23,710 | €17,271 | -€6,439 | -27.2% |
| Current assets | 29/58 | €458,454 | €500,613 | +€42,159 | +9.2% |
| Amounts receivable within one year | 40/41 | €799 | €2,844 | +€2,045 | +256.1% |
| Trade receivables | 40 | €799 | €375 | -€424 | -53.0% |
| Other amounts receivable | 41 | - | €2,469 | +€2,469 | |
| Current investments | 50/53 | €339,530 | €427,710 | +€88,180 | +26.0% |
| Cash at bank and in hand | 54/58 | €117,279 | €69,147 | -€48,132 | -41.0% |
| Deferred charges and accrued income | 490/1 | €846 | €912 | +€66 | +7.8% |
| Total equity and liabilities | 10/49 | €497,964 | €529,020 | +€31,055 | +6.2% |
| Equity | 10/15 | €459,746 | €514,840 | +€55,095 | +12.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €457,746 | €487,746 | +€30,000 | +6.6% |
| Distributable reserves | 133 | €457,746 | €487,746 | +€30,000 | +6.6% |
| Profit (loss) carried forward | 14 | - | €25,095 | +€25,095 | |
| Amounts payable | 17/49 | €38,218 | €14,179 | -€24,039 | -62.9% |
| Amounts payable after more than one year | 17 | €5,077 | - | -€5,077 | |
| Financial debts | 170/4 | €5,077 | - | -€5,077 | |
| Amounts payable within one year | 42/48 | €33,142 | €14,179 | -€18,963 | -57.2% |
| Current portion of amounts payable after more than one year | 42 | €9,818 | €5,077 | -€4,741 | -48.3% |
| Trade debts | 44 | €1,729 | €2,500 | +€771 | +44.6% |
| Suppliers | 440/4 | €1,729 | €2,500 | +€771 | +44.6% |
| Taxes, remuneration and social security | 45 | €19,197 | €6,138 | -€13,059 | -68.0% |
| Taxes | 450/3 | €19,197 | €6,138 | -€13,059 | -68.0% |
| Other amounts payable | 47/48 | €2,399 | €466 | -€1,933 | -80.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,846 | €18,906 | -€5,940 | -23.9% |
| Other operating charges | 640/8 | €310 | €260 | -€50 | -16.0% |
| Gross operating margin | 9900 | €134,658 | €86,891 | -€47,767 | -35.5% |
| Operating profit (loss) | 9901 | €109,502 | €67,724 | -€41,778 | -38.2% |
| Financial income | 75/76B | €9,871 | €11,346 | +€1,475 | +14.9% |
| Recurring financial income | 75 | €9,871 | €11,346 | +€1,475 | +14.9% |
| Financial charges | 65/66B | €967 | €541 | -€426 | -44.0% |
| Recurring financial charges | 65 | €967 | €541 | -€426 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | €118,406 | €78,529 | -€39,877 | -33.7% |
| Income taxes | 67/77 | €38,295 | €23,435 | -€14,860 | -38.8% |
| Profit (loss) for the period | 9904 | €80,112 | €55,095 | -€25,017 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €80,112 | €55,095 | -€25,017 | -31.2% |
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 30 September 2026 via checked.be.