ROOT Company: what changed
Two financial 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 Company
Largest movements
- Receivables within one year -€195,017
down €195,017 (-21.3%), from €916,060 to €721,042
of which Trade receivables: -€114,129
- Cash +€177,140
up €177,140 (+49.7%), from €356,634 to €533,774
mainly Receivables within one year (+€195,017) and Net result for the year (+€48,619)
- Deferred charges and accrued income -€34,451
down €34,451 (-62.3%), from €55,301 to €20,850
- Tax, wage and social debts -€71,825
down €71,825 (-40.5%), from €177,390 to €105,564
of which Taxes: -€65,181
- Provisions -€67,694
no longer reported in 2025 (was €67,694)
- Other debts +€48,619
new in 2025: €48,619
- Trade debts +€29,230
up €29,230 (+7.3%), from €401,226 to €430,455
- Gross operating margin -€158,053
down €158,053 (-35.8%), from €441,743 to €283,689
- Staff costs -€79,747
down €79,747 (-28.8%), from €276,552 to €196,806
- Financial charges -€19,996
down €19,996 (-65.2%), from €30,662 to €10,666
of which Non-recurring financial charges: -€16,289
- Depreciation -€14,398
down €14,398 (-46.7%), from €30,830 to €16,433
- Financial income +€14,360
up €14,360 (+318.2%), from €4,512 to €18,872
of which Non-recurring financial income: +€16,695
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 | €1,615,624 | €1,549,293 | -€66,332 | -4.1% |
| Fixed assets | 21/28 | €37,630 | €22,007 | -€15,623 | -41.5% |
| Intangible fixed assets | 21 | €25,954 | €15,204 | -€10,750 | -41.4% |
| Tangible fixed assets | 22/27 | €11,676 | €6,803 | -€4,872 | -41.7% |
| Furniture and vehicles | 24 | €3,659 | €2,245 | -€1,413 | -38.6% |
| Other tangible fixed assets | 26 | €8,017 | €4,558 | -€3,459 | -43.1% |
| Current assets | 29/58 | €1,577,994 | €1,527,285 | -€50,709 | -3.2% |
| Amounts receivable within one year | 40/41 | €916,060 | €721,042 | -€195,017 | -21.3% |
| Trade receivables | 40 | €752,771 | €638,643 | -€114,129 | -15.2% |
| Other amounts receivable | 41 | €163,289 | €82,400 | -€80,889 | -49.5% |
| Current investments | 50/53 | €250,000 | €251,619 | +€1,619 | +0.6% |
| Cash at bank and in hand | 54/58 | €356,634 | €533,774 | +€177,140 | +49.7% |
| Deferred charges and accrued income | 490/1 | €55,301 | €20,850 | -€34,451 | -62.3% |
| Total equity and liabilities | 10/49 | €1,615,624 | €1,549,293 | -€66,332 | -4.1% |
| Equity | 10/15 | €962,097 | €962,097 | = | 0.0% |
| Contributions | 10/11 | €418,600 | €418,600 | = | 0.0% |
| Capital | 10 | €418,600 | €418,600 | = | 0.0% |
| Issued capital | 100 | €418,600 | €418,600 | = | 0.0% |
| Reserves | 13 | €41,860 | €41,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €41,860 | €41,860 | = | 0.0% |
| Legal reserve | 130 | €41,860 | €41,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €501,637 | €501,637 | = | 0.0% |
| Provisions and deferred taxes | 16 | €67,694 | - | -€67,694 | |
| Provisions for liabilities and charges | 160/5 | €67,694 | - | -€67,694 | |
| Other liabilities and charges | 164/5 | €67,694 | - | -€67,694 | |
| Amounts payable | 17/49 | €585,833 | €587,195 | +€1,362 | +0.2% |
| Amounts payable within one year | 42/48 | €578,616 | €584,639 | +€6,023 | +1.0% |
| Trade debts | 44 | €401,226 | €430,455 | +€29,230 | +7.3% |
| Suppliers | 440/4 | €401,226 | €430,455 | +€29,230 | +7.3% |
| Taxes, remuneration and social security | 45 | €177,390 | €105,564 | -€71,825 | -40.5% |
| Taxes | 450/3 | €152,239 | €87,058 | -€65,181 | -42.8% |
| Remuneration and social security | 454/9 | €25,151 | €18,507 | -€6,644 | -26.4% |
| Other amounts payable | 47/48 | - | €48,619 | +€48,619 | |
| Accrued charges and deferred income | 492/3 | €7,217 | €2,556 | -€4,661 | -64.6% |
| Non-recurring operating income | 76A | - | €85 | +€85 | |
| Remuneration, social security and pensions | 62 | €276,552 | €196,806 | -€79,747 | -28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,830 | €16,433 | -€14,398 | -46.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€4,295 | -€4,295 | |
| Other operating charges | 640/8 | €3,847 | €4,460 | +€613 | +15.9% |
| Gross operating margin | 9900 | €441,743 | €283,689 | -€158,053 | -35.8% |
| Operating profit (loss) | 9901 | €130,514 | €70,286 | -€60,228 | -46.1% |
| Financial income | 75/76B | €4,512 | €18,872 | +€14,360 | +318.2% |
| Recurring financial income | 75 | €4,512 | €2,177 | -€2,335 | -51.7% |
| Non-recurring financial income | 76B | - | €16,695 | +€16,695 | |
| Financial charges | 65/66B | €30,662 | €10,666 | -€19,996 | -65.2% |
| Recurring financial charges | 65 | €14,372 | €10,666 | -€3,706 | -25.8% |
| Non-recurring financial charges | 66B | €16,289 | - | -€16,289 | |
| Profit (loss) for the period before taxes | 9903 | €104,364 | €78,492 | -€25,872 | -24.8% |
| Income taxes | 67/77 | €37,422 | €29,873 | -€7,549 | -20.2% |
| Profit (loss) for the period | 9904 | €66,942 | €48,619 | -€18,323 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €66,942 | €48,619 | -€18,323 | -27.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.