Rotax: 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.
Rotax
Largest movements
- Tangible fixed assets -€27,695
down €27,695 (-28.5%), from €97,124 to €69,429
of which Furniture and vehicles: -€27,388
- Current investments +€9,032
new in 2025: €9,032
- Stocks and contracts +€8,398
up €8,398, from €0 to €8,398
- Cash -€4,765
down €4,765 (-77.9%), from €6,117 to €1,352
mainly Net result for the year (-€20,209) and Current investments (-€9,032)
- Financial fixed assets +€2,235
up €2,235, from €0 to €2,235
- Reserves -€14,403
down €14,403 (-100.0%), from €14,403 to €0
of which Distributable reserves: -€14,403
- Profit (loss) carried forward -€5,806
new in 2025: -€5,806
- Debts after one year -€5,125
down €5,125 (-62.0%), from €8,264 to €3,139
of which Financial debts: -€5,125
- Tax, wage and social debts +€4,454
up €4,454 (+19.6%), from €22,724 to €27,178
of which Remuneration and social security: +€10,094
- Trade debts +€3,878
up €3,878 (+72.5%), from €5,351 to €9,229
- Gross operating margin -€67,384
down €67,384 (-52.1%), from €129,343 to €61,958
- Staff costs -€46,005
down €46,005 (-54.8%), from €83,968 to €37,963
- Other operating charges -€8,618
down €8,618 (-64.3%), from €13,406 to €4,788
- Financial charges +€4,996
up €4,996 (+268.6%), from €1,860 to €6,856
- Taxes -€4,084
down €4,084 (-100.0%), from €4,084 to €0
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 | €107,123 | €94,644 | -€12,479 | -11.6% |
| Fixed assets | 21/28 | €97,124 | €71,664 | -€25,460 | -26.2% |
| Tangible fixed assets | 22/27 | €97,124 | €69,429 | -€27,695 | -28.5% |
| Plant, machinery and equipment | 23 | €1,327 | €1,020 | -€307 | -23.1% |
| Furniture and vehicles | 24 | €95,797 | €68,409 | -€27,388 | -28.6% |
| Financial fixed assets | 28 | €0 | €2,235 | +€2,235 | |
| Current assets | 29/58 | €9,999 | €22,980 | +€12,981 | +129.8% |
| Stocks and contracts in progress | 3 | €0 | €8,398 | +€8,398 | |
| Stocks | 30/36 | €0 | €8,398 | +€8,398 | |
| Amounts receivable within one year | 40/41 | €3,883 | €4,198 | +€315 | +8.1% |
| Trade receivables | 40 | €3,883 | €4,198 | +€315 | +8.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | - | €9,032 | +€9,032 | |
| Cash at bank and in hand | 54/58 | €6,117 | €1,352 | -€4,765 | -77.9% |
| Total equity and liabilities | 10/49 | €107,123 | €94,644 | -€12,479 | -11.6% |
| Equity | 10/15 | €33,003 | €12,794 | -€20,209 | -61.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,403 | €0 | -€14,403 | -100.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €14,403 | €0 | -€14,403 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€5,806 | -€5,806 | |
| Amounts payable | 17/49 | €74,120 | €81,850 | +€7,730 | +10.4% |
| Amounts payable after more than one year | 17 | €8,264 | €3,139 | -€5,125 | -62.0% |
| Financial debts | 170/4 | €8,264 | €3,139 | -€5,125 | -62.0% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €65,856 | €78,711 | +€12,855 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €4,817 | €5,125 | +€307 | +6.4% |
| Trade debts | 44 | €5,351 | €9,229 | +€3,878 | +72.5% |
| Suppliers | 440/4 | €5,351 | €9,229 | +€3,878 | +72.5% |
| Advances received on contracts in progress | 46 | - | €3,850 | +€3,850 | |
| Taxes, remuneration and social security | 45 | €22,724 | €27,178 | +€4,454 | +19.6% |
| Taxes | 450/3 | €12,328 | €6,688 | -€5,640 | -45.7% |
| Remuneration and social security | 454/9 | €10,397 | €20,490 | +€10,094 | +97.1% |
| Other amounts payable | 47/48 | €32,964 | €33,329 | +€365 | +1.1% |
| Remuneration, social security and pensions | 62 | €83,968 | €37,963 | -€46,005 | -54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,060 | €24,071 | +€3,012 | +14.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €13,406 | €4,788 | -€8,618 | -64.3% |
| Non-recurring operating charges | 66A | - | €8,582 | +€8,582 | |
| Gross operating margin | 9900 | €129,343 | €61,958 | -€67,384 | -52.1% |
| Operating profit (loss) | 9901 | €10,909 | -€13,447 | -€24,356 | |
| Financial income | 75/76B | €68 | €94 | +€26 | +38.6% |
| Recurring financial income | 75 | €68 | €94 | +€26 | +38.6% |
| Financial charges | 65/66B | €1,860 | €6,856 | +€4,996 | +268.6% |
| Recurring financial charges | 65 | €1,860 | €6,856 | +€4,996 | +268.6% |
| Profit (loss) for the period before taxes | 9903 | €9,117 | -€20,209 | -€29,325 | |
| Income taxes | 67/77 | €4,084 | €0 | -€4,084 | -100.0% |
| Profit (loss) for the period | 9904 | €5,033 | -€20,209 | -€25,242 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,033 | -€20,209 | -€25,242 |
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 1 October 2026 via checked.be.