ROTANA: 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.
ROTANA
Largest movements
- Receivables within one year -€22,160
down €22,160 (-56.5%), from €39,220 to €17,060
of which Trade receivables: -€30,152
- Cash +€1,603
up €1,603 (+259%), from €618 to €2,221
mainly Receivables within one year (+€22,160) and Other debts (+€19,219)
- Stocks and contracts +€1,523
up €1,523 (+64.9%), from €2,346 to €3,869
- Deferred charges and accrued income -€719
no longer reported in 2025 (was €719)
- Other debts +€19,219
up €19,219 (+259%), from €7,434 to €26,653
- Profit (loss) carried forward -€17,176
down €17,176 (-55.1%), from -€31,184 to -€48,360
- Trade debts -€11,216
down €11,216 (-39.8%), from €28,162 to €16,946
- Advances received -€8,773
no longer reported in 2025 (was €8,773)
- Tax, wage and social debts -€3,681
down €3,681 (-39.7%), from €9,275 to €5,594
of which Taxes: -€3,622
- Gross operating margin -€4,077
down €4,077 (-50.8%), from -€8,023 to -€12,100
- Other operating charges +€2,576
up €2,576 (+114%), from €2,265 to €4,842
- Staff costs -€764
no longer reported in 2025 (was €764)
- Financial charges +€229
up €229 (+34.2%), from €671 to €900
- Financial income -€160
down €160 (-19.4%), from €826 to €665
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.
Derived cash bridge
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 | €42,920 | €23,166 | -€19,754 | -46.0% |
| Fixed assets | 21/28 | €17 | €17 | = | 0.0% |
| Financial fixed assets | 28 | €17 | €17 | = | 0.0% |
| Current assets | 29/58 | €42,904 | €23,149 | -€19,754 | -46.0% |
| Stocks and contracts in progress | 3 | €2,346 | €3,869 | +€1,523 | +64.9% |
| Stocks | 30/36 | €2,346 | €3,869 | +€1,523 | +64.9% |
| Amounts receivable within one year | 40/41 | €39,220 | €17,060 | -€22,160 | -56.5% |
| Trade receivables | 40 | €30,938 | €786 | -€30,152 | -97.5% |
| Other amounts receivable | 41 | €8,282 | €16,274 | +€7,992 | +96.5% |
| Cash at bank and in hand | 54/58 | €618 | €2,221 | +€1,603 | +259% |
| Deferred charges and accrued income | 490/1 | €719 | - | -€719 | |
| Total equity and liabilities | 10/49 | €42,920 | €23,166 | -€19,754 | -46.0% |
| Equity | 10/15 | -€10,724 | -€27,900 | -€17,176 | -160% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,184 | -€48,360 | -€17,176 | -55.1% |
| Amounts payable | 17/49 | €53,644 | €51,066 | -€2,578 | -4.8% |
| Amounts payable within one year | 42/48 | €53,644 | €49,193 | -€4,451 | -8.3% |
| Trade debts | 44 | €28,162 | €16,946 | -€11,216 | -39.8% |
| Suppliers | 440/4 | €28,162 | €16,946 | -€11,216 | -39.8% |
| Advances received on contracts in progress | 46 | €8,773 | - | -€8,773 | |
| Taxes, remuneration and social security | 45 | €9,275 | €5,594 | -€3,681 | -39.7% |
| Taxes | 450/3 | €9,217 | €5,594 | -€3,622 | -39.3% |
| Remuneration and social security | 454/9 | €58 | - | -€58 | |
| Other amounts payable | 47/48 | €7,434 | €26,653 | +€19,219 | +259% |
| Accrued charges and deferred income | 492/3 | - | €1,873 | +€1,873 | |
| Remuneration, social security and pensions | 62 | €764 | - | -€764 | |
| Other operating charges | 640/8 | €2,265 | €4,842 | +€2,576 | +114% |
| Gross operating margin | 9900 | -€8,023 | -€12,100 | -€4,077 | -50.8% |
| Operating profit (loss) | 9901 | -€11,053 | -€16,942 | -€5,889 | -53.3% |
| Financial income | 75/76B | €826 | €665 | -€160 | -19.4% |
| Recurring financial income | 75 | €826 | €665 | -€160 | -19.4% |
| Financial charges | 65/66B | €671 | €900 | +€229 | +34.2% |
| Recurring financial charges | 65 | €671 | €900 | +€229 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,898 | -€17,176 | -€6,278 | -57.6% |
| Income taxes | 67/77 | -€123 | - | +€123 | |
| Profit (loss) for the period | 9904 | -€10,775 | -€17,176 | -€6,401 | -59.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,775 | -€17,176 | -€6,401 | -59.4% |
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 14 October 2026 via checked.be.