ROTEC: 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.
ROTEC
Largest movements
- Receivables within one year +€339,355
up €339,355 (+1683.7%), from €20,155 to €359,510
of which Other amounts receivable: +€338,355
- Tangible fixed assets -€126,607
down €126,607 (-37.7%), from €335,505 to €208,898
of which Land and buildings: -€126,215
- Reserves +€176,391
up €176,391 (+29.5%), from €597,613 to €774,004
of which Tax-exempt reserves: +€119,312
- Debts after one year -€107,763
down €107,763 (-31.5%), from €341,794 to €234,031
of which Financial debts: -€80,849
- Short-term financial debts +€100,000
new in 2026: €100,000
- Provisions +€39,771
new in 2026: €39,771
- Tax, wage and social debts +€5,826
up €5,826 (+34.1%), from €17,097 to €22,924
- Gross operating margin +€219,580
up €219,580 (+309.8%), from €70,873 to €290,453
- Other operating charges -€16,909
down €16,909 (-40.9%), from €41,294 to €24,385
- Depreciation -€10,322
down €10,322 (-23.6%), from €43,813 to €33,490
- Taxes +€5,826
up €5,826 (+1318.0%), from €442 to €6,269
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €359,497 | €572,600 | +€213,103 | +59.3% |
| Fixed assets | 21/28 | €335,505 | €208,898 | -€126,607 | -37.7% |
| Tangible fixed assets | 22/27 | €335,505 | €208,898 | -€126,607 | -37.7% |
| Land and buildings | 22 | €335,035 | €208,820 | -€126,215 | -37.7% |
| Plant, machinery and equipment | 23 | €470 | €78 | -€392 | -83.5% |
| Furniture and vehicles | 24 | €0 | €0 | -€0 | -100.0% |
| Current assets | 29/58 | €23,992 | €363,702 | +€339,710 | +1415.9% |
| Amounts receivable within one year | 40/41 | €20,155 | €359,510 | +€339,355 | +1683.7% |
| Trade receivables | 40 | €3,500 | €4,500 | +€1,000 | +28.6% |
| Other amounts receivable | 41 | €16,655 | €355,010 | +€338,355 | +2031.5% |
| Cash at bank and in hand | 54/58 | €1,093 | €887 | -€206 | -18.8% |
| Deferred charges and accrued income | 490/1 | €2,744 | €3,305 | +€561 | +20.4% |
| Total equity and liabilities | 10/49 | €359,497 | €572,600 | +€213,103 | +59.3% |
| Equity | 10/15 | -€111,834 | €64,557 | +€176,391 | |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Capital | 10 | €175,000 | €175,000 | = | 0.0% |
| Issued capital | 100 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €597,613 | €774,004 | +€176,391 | +29.5% |
| Non-distributable reserves | 130/1 | €17,500 | €17,500 | = | 0.0% |
| Legal reserve | 130 | €17,500 | €17,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,952 | €130,264 | +€119,312 | +1089.4% |
| Distributable reserves | 133 | €569,161 | €626,240 | +€57,079 | +10.0% |
| Profit (loss) carried forward | 14 | -€884,447 | -€884,447 | = | 0.0% |
| Provisions and deferred taxes | 16 | - | €39,771 | +€39,771 | |
| Deferred taxes | 168 | - | €39,771 | +€39,771 | |
| Amounts payable | 17/49 | €471,331 | €468,272 | -€3,059 | -0.6% |
| Amounts payable after more than one year | 17 | €341,794 | €234,031 | -€107,763 | -31.5% |
| Financial debts | 170/4 | €314,880 | €234,031 | -€80,849 | -25.7% |
| Other amounts payable | 178/9 | €26,914 | €0 | -€26,914 | -100.0% |
| Amounts payable within one year | 42/48 | €128,537 | €234,241 | +€105,704 | +82.2% |
| Current portion of amounts payable after more than one year | 42 | €78,522 | €80,849 | +€2,327 | +3.0% |
| Financial debts | 43 | - | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €2,918 | €469 | -€2,449 | -83.9% |
| Suppliers | 440/4 | €2,918 | €469 | -€2,449 | -83.9% |
| Taxes, remuneration and social security | 45 | €17,097 | €22,924 | +€5,826 | +34.1% |
| Taxes | 450/3 | €17,097 | €22,924 | +€5,826 | +34.1% |
| Other amounts payable | 47/48 | €30,000 | €30,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,000 | €0 | -€1,000 | -100.0% |
| Non-recurring operating income | 76A | - | €168,213 | +€168,213 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,813 | €33,490 | -€10,322 | -23.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €41,294 | €24,385 | -€16,909 | -40.9% |
| Gross operating margin | 9900 | €70,873 | €290,453 | +€219,580 | +309.8% |
| Operating profit (loss) | 9901 | -€14,234 | €232,577 | +€246,811 | |
| Financial income | 75/76B | €91 | €1,517 | +€1,426 | +1571.3% |
| Recurring financial income | 75 | €91 | €1,517 | +€1,426 | +1571.3% |
| Financial charges | 65/66B | €11,682 | €11,664 | -€18 | -0.2% |
| Recurring financial charges | 65 | €11,682 | €11,664 | -€18 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€25,825 | €222,430 | +€248,255 | |
| Transfer to deferred taxes | 680 | - | €39,771 | +€39,771 | |
| Income taxes | 67/77 | €442 | €6,269 | +€5,826 | +1318.0% |
| Profit (loss) for the period | 9904 | -€26,267 | €176,391 | +€202,658 | |
| Transfer to tax-exempt reserves | 689 | - | €119,312 | +€119,312 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,267 | €57,079 | +€83,346 |
Source: filed annual accounts (NBB), fiscal years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.