ROOTS: 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.
ROOTS
Largest movements
- Cash -€17,827
down €17,827 (-91.2%), from €19,552 to €1,725
mainly Receivables within one year (-€15,350) and Investment in fixed assets (net) (-€11,275)
- Receivables within one year +€15,350
up €15,350 (+78.9%), from €19,463 to €34,814
of which Trade receivables: +€17,781
- Tangible fixed assets +€1,934
up €1,934 (+8.0%), from €24,227 to €26,161
of which Plant, machinery and equipment: +€1,418
- Debts after one year -€9,153
down €9,153 (-96.0%), from €9,532 to €379
- Tax, wage and social debts +€7,911
up €7,911 (+231.4%), from €3,419 to €11,331
- Other debts -€2,521
down €2,521 (-3.4%), from €73,837 to €71,316
- Current portion of long-term debt +€1,984
up €1,984 (+38.4%), from €5,164 to €7,148
- Gross operating margin +€29,084
up €29,084, from -€18,373 to €10,710
- Depreciation +€1,582
up €1,582 (+20.4%), from €7,759 to €9,341
- Financial charges -€925
down €925 (-84.7%), from €1,092 to €167
- Other operating charges +€557
up €557 (+244.2%), from €228 to €785
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 | €71,861 | €71,115 | -€746 | -1.0% |
| Fixed assets | 21/28 | €24,227 | €26,161 | +€1,934 | +8.0% |
| Tangible fixed assets | 22/27 | €24,227 | €26,161 | +€1,934 | +8.0% |
| Plant, machinery and equipment | 23 | €17,195 | €18,613 | +€1,418 | +8.2% |
| Furniture and vehicles | 24 | €7,032 | €7,549 | +€516 | +7.3% |
| Current assets | 29/58 | €47,634 | €44,954 | -€2,680 | -5.6% |
| Stocks and contracts in progress | 3 | €7,501 | €7,501 | = | 0.0% |
| Stocks | 30/36 | €7,501 | €7,501 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,463 | €34,814 | +€15,350 | +78.9% |
| Trade receivables | 40 | €15,869 | €33,650 | +€17,781 | +112.0% |
| Other amounts receivable | 41 | €3,595 | €1,164 | -€2,431 | -67.6% |
| Cash at bank and in hand | 54/58 | €19,552 | €1,725 | -€17,827 | -91.2% |
| Deferred charges and accrued income | 490/1 | €1,117 | €913 | -€204 | -18.2% |
| Total equity and liabilities | 10/49 | €71,861 | €71,115 | -€746 | -1.0% |
| Equity | 10/15 | -€48,478 | -€48,031 | +€446 | +0.9% |
| Contributions | 10/11 | €12,800 | €12,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,278 | -€60,831 | +€446 | +0.7% |
| Amounts payable | 17/49 | €120,339 | €119,147 | -€1,193 | -1.0% |
| Amounts payable after more than one year | 17 | €9,532 | €379 | -€9,153 | -96.0% |
| Financial debts | 170/4 | €9,532 | €379 | -€9,153 | -96.0% |
| Amounts payable within one year | 42/48 | €110,807 | €118,767 | +€7,961 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €5,164 | €7,148 | +€1,984 | +38.4% |
| Trade debts | 44 | €28,387 | €28,973 | +€586 | +2.1% |
| Suppliers | 440/4 | €28,387 | €28,973 | +€586 | +2.1% |
| Taxes, remuneration and social security | 45 | €3,419 | €11,331 | +€7,911 | +231.4% |
| Taxes | 450/3 | €3,419 | €11,331 | +€7,911 | +231.4% |
| Other amounts payable | 47/48 | €73,837 | €71,316 | -€2,521 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,759 | €9,341 | +€1,582 | +20.4% |
| Other operating charges | 640/8 | €228 | €785 | +€557 | +244.2% |
| Gross operating margin | 9900 | -€18,373 | €10,710 | +€29,084 | |
| Operating profit (loss) | 9901 | -€26,360 | €584 | +€26,944 | |
| Financial income | 75/76B | €0 | €30 | +€30 | +147500.0% |
| Recurring financial income | 75 | €0 | €30 | +€30 | +147500.0% |
| Financial charges | 65/66B | €1,092 | €167 | -€925 | -84.7% |
| Recurring financial charges | 65 | €1,092 | €167 | -€925 | -84.7% |
| Profit (loss) for the period before taxes | 9903 | -€27,453 | €446 | +€27,899 | |
| Profit (loss) for the period | 9904 | -€27,453 | €446 | +€27,899 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,453 | €446 | +€27,899 |
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 4 October 2026 via checked.be.