Root Stories: 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 Stories
Largest movements
- Cash -€189,271
down €189,271 (-84.5%), from €223,881 to €34,610
mainly Contributions, distributions and other (-€319,464) and Receivables within one year (-€78,779)
- Receivables within one year +€78,779
up €78,779 (+39.9%), from €197,376 to €276,156
of which Other amounts receivable: +€99,746
- Tangible fixed assets -€4,470
down €4,470 (-20.9%), from €21,345 to €16,875
of which Furniture and vehicles: -€7,268
- Reserves -€111,644
down €111,644 (-31.3%), from €356,391 to €244,747
of which Distributable reserves: -€111,644
- Tax, wage and social debts -€23,403
down €23,403 (-63.9%), from €36,597 to €13,194
of which Taxes: -€23,403
- Other debts +€14,125
up €14,125 (+38.1%), from €37,048 to €51,173
- Contributions +€12,400
up €12,400 (+200.0%), from €6,200 to €18,600
- Trade debts -€5,817
down €5,817 (-87.5%), from €6,646 to €830
- Gross operating margin +€69,837
up €69,837 (+30.6%), from €228,578 to €298,414
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 | €443,572 | €328,543 | -€115,028 | -25.9% |
| Fixed assets | 21/28 | €21,345 | €16,875 | -€4,470 | -20.9% |
| Tangible fixed assets | 22/27 | €21,345 | €16,875 | -€4,470 | -20.9% |
| Plant, machinery and equipment | 23 | - | €4,352 | +€4,352 | |
| Furniture and vehicles | 24 | €12,007 | €4,739 | -€7,268 | -60.5% |
| Other tangible fixed assets | 26 | €9,338 | €7,783 | -€1,555 | -16.6% |
| Current assets | 29/58 | €422,227 | €311,669 | -€110,559 | -26.2% |
| Amounts receivable within one year | 40/41 | €197,376 | €276,156 | +€78,779 | +39.9% |
| Trade receivables | 40 | €41,236 | €20,269 | -€20,967 | -50.8% |
| Other amounts receivable | 41 | €156,141 | €255,887 | +€99,746 | +63.9% |
| Cash at bank and in hand | 54/58 | €223,881 | €34,610 | -€189,271 | -84.5% |
| Deferred charges and accrued income | 490/1 | €969 | €903 | -€66 | -6.9% |
| Total equity and liabilities | 10/49 | €443,572 | €328,543 | -€115,028 | -25.9% |
| Equity | 10/15 | €362,591 | €263,347 | -€99,244 | -27.4% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200.0% |
| Reserves | 13 | €356,391 | €244,747 | -€111,644 | -31.3% |
| Non-distributable reserves | 130/1 | €2,511 | €2,511 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,511 | €2,511 | = | 0.0% |
| Distributable reserves | 133 | €353,881 | €242,236 | -€111,644 | -31.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €80,981 | €65,196 | -€15,784 | -19.5% |
| Amounts payable within one year | 42/48 | €80,981 | €65,196 | -€15,784 | -19.5% |
| Financial debts | 43 | €689 | €0 | -€689 | -100.0% |
| Credit institutions | 430/8 | €689 | €0 | -€689 | -100.0% |
| Trade debts | 44 | €6,646 | €830 | -€5,817 | -87.5% |
| Suppliers | 440/4 | €6,646 | €830 | -€5,817 | -87.5% |
| Taxes, remuneration and social security | 45 | €36,597 | €13,194 | -€23,403 | -63.9% |
| Taxes | 450/3 | €36,597 | €13,194 | -€23,403 | -63.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €37,048 | €51,173 | +€14,125 | +38.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €331 | €0 | -€331 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,936 | €5,652 | +€1,716 | +43.6% |
| Other operating charges | 640/8 | €1,371 | €2,316 | +€945 | +69.0% |
| Gross operating margin | 9900 | €228,578 | €298,414 | +€69,837 | +30.6% |
| Operating profit (loss) | 9901 | €223,270 | €290,446 | +€67,176 | +30.1% |
| Financial income | 75/76B | €817 | €873 | +€57 | +6.9% |
| Recurring financial income | 75 | €817 | €873 | +€57 | +6.9% |
| Financial charges | 65/66B | €819 | €1,536 | +€717 | +87.6% |
| Recurring financial charges | 65 | €819 | €1,536 | +€717 | +87.6% |
| Profit (loss) for the period before taxes | 9903 | €223,268 | €289,784 | +€66,515 | +29.8% |
| Income taxes | 67/77 | €68,189 | €69,564 | +€1,376 | +2.0% |
| Profit (loss) for the period | 9904 | €155,080 | €220,219 | +€65,140 | +42.0% |
| Profit (loss) for the period to be appropriated | 9905 | €155,080 | €220,219 | +€65,140 | +42.0% |
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 11 October 2026 via checked.be.