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
- Stocks and contracts -€131,147
down €131,147 (-6.9%), from €1.9m to €1.8m
- Short-term financial debts -€242,742
down €242,742 (-21.9%), from €1.1m to €865,934
- Other debts +€76,496
up €76,496 (+10.1%), from €758,179 to €834,674
- Profit (loss) carried forward +€33,719
up €33,719 (+36.8%), from -€91,709 to -€57,990
- Gross operating margin +€31,758
up €31,758 (+44.6%), from €71,245 to €103,003
- Financial charges -€30,546
down €30,546 (-29.7%), from €102,697 to €72,152
- Financial income +€3,996
up €3,996 (+26217.5%), from €15 to €4,011
of which Non-recurring financial income: +€4,011
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 | €1,904,080 | €1,773,020 | -€131,060 | -6.9% |
| Current assets | 29/58 | €1,904,080 | €1,773,020 | -€131,060 | -6.9% |
| Stocks and contracts in progress | 3 | €1,903,401 | €1,772,255 | -€131,147 | -6.9% |
| Stocks | 30/36 | €1,903,401 | €1,772,255 | -€131,147 | -6.9% |
| Cash at bank and in hand | 54/58 | €679 | €765 | +€87 | +12.8% |
| Total equity and liabilities | 10/49 | €1,904,080 | €1,773,020 | -€131,060 | -6.9% |
| Equity | 10/15 | €9,836 | €43,556 | +€33,719 | +342.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,546 | €1,546 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,546 | €1,546 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,709 | -€57,990 | +€33,719 | +36.8% |
| Amounts payable | 17/49 | €1,894,243 | €1,729,464 | -€164,779 | -8.7% |
| Amounts payable within one year | 42/48 | €1,869,490 | €1,703,271 | -€166,219 | -8.9% |
| Financial debts | 43 | €1,108,676 | €865,934 | -€242,742 | -21.9% |
| Credit institutions | 430/8 | €1,108,676 | €865,934 | -€242,742 | -21.9% |
| Trade debts | 44 | €2,635 | €2,663 | +€27 | +1.0% |
| Suppliers | 440/4 | €2,635 | €2,663 | +€27 | +1.0% |
| Other amounts payable | 47/48 | €758,179 | €834,674 | +€76,496 | +10.1% |
| Accrued charges and deferred income | 492/3 | €24,753 | €26,193 | +€1,440 | +5.8% |
| Other operating charges | 640/8 | €1,108 | €1,143 | +€35 | +3.1% |
| Gross operating margin | 9900 | €71,245 | €103,003 | +€31,758 | +44.6% |
| Operating profit (loss) | 9901 | €70,137 | €101,860 | +€31,723 | +45.2% |
| Financial income | 75/76B | €15 | €4,011 | +€3,996 | +26217.5% |
| Recurring financial income | 75 | €15 | €4,011 | +€3,996 | +26217.5% |
| Non-recurring financial income | 76B | - | €4,011 | +€4,011 | |
| Financial charges | 65/66B | €102,697 | €72,152 | -€30,546 | -29.7% |
| Recurring financial charges | 65 | €102,697 | €72,152 | -€30,546 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | -€32,545 | €33,719 | +€66,265 | |
| Profit (loss) for the period | 9904 | -€32,545 | €33,719 | +€66,265 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,545 | €33,719 | +€66,265 |
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 8 October 2026 via checked.be.