ROTEC: 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.
ROTEC
Largest movements
- Cash +€280,148
up €280,148 (+48.4%), from €579,003 to €859,151
mainly Net result for the year (+€954,897) and Trade debts (+€194,892)
- Receivables within one year -€166,546
down €166,546 (-11.5%), from €1.4m to €1.3m
of which Other amounts receivable: -€107,669
- Tangible fixed assets -€117,006
down €117,006 (-11.6%), from €1.0m to €888,256
of which Land and buildings: -€85,689
- Stocks and contracts +€99,252
up €99,252 (+13.1%), from €759,234 to €858,486
- Reserves +€954,897
up €954,897 (+109.4%), from €872,687 to €1.8m
of which Distributable reserves: +€954,897
- Other debts -€954,073
down €954,073 (-99.6%), from €957,821 to €3,748
- Trade debts +€194,892
up €194,892 (+25.5%), from €763,449 to €958,340
- Debts after one year -€98,568
down €98,568 (-9.2%), from €1.1m to €977,860
No income-statement line moved by more than 1% of the activity.
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 | €3,810,440 | €3,886,415 | +€75,975 | +2.0% |
| Fixed assets | 21/28 | €1,025,135 | €888,256 | -€136,880 | -13.4% |
| Tangible fixed assets | 22/27 | €1,005,262 | €888,256 | -€117,006 | -11.6% |
| Land and buildings | 22 | €882,156 | €796,466 | -€85,689 | -9.7% |
| Plant, machinery and equipment | 23 | €31,087 | €24,698 | -€6,390 | -20.6% |
| Furniture and vehicles | 24 | €92,019 | €67,092 | -€24,927 | -27.1% |
| Financial fixed assets | 28 | €19,873 | - | -€19,873 | |
| Current assets | 29/58 | €2,785,304 | €2,998,159 | +€212,855 | +7.6% |
| Stocks and contracts in progress | 3 | €759,234 | €858,486 | +€99,252 | +13.1% |
| Stocks | 30/36 | €759,234 | €858,486 | +€99,252 | +13.1% |
| Amounts receivable within one year | 40/41 | €1,447,068 | €1,280,522 | -€166,546 | -11.5% |
| Trade receivables | 40 | €1,283,878 | €1,225,001 | -€58,877 | -4.6% |
| Other amounts receivable | 41 | €163,190 | €55,521 | -€107,669 | -66.0% |
| Cash at bank and in hand | 54/58 | €579,003 | €859,151 | +€280,148 | +48.4% |
| Total equity and liabilities | 10/49 | €3,810,440 | €3,886,415 | +€75,975 | +2.0% |
| Equity | 10/15 | €891,237 | €1,846,134 | +€954,897 | +107.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €872,687 | €1,827,584 | +€954,897 | +109.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €88 | €88 | = | 0.0% |
| Distributable reserves | 133 | €870,738 | €1,825,636 | +€954,897 | +109.7% |
| Amounts payable | 17/49 | €2,919,203 | €2,040,281 | -€878,922 | -30.1% |
| Amounts payable after more than one year | 17 | €1,076,429 | €977,860 | -€98,568 | -9.2% |
| Financial debts | 170/4 | €1,076,429 | €977,860 | -€98,568 | -9.2% |
| Amounts payable within one year | 42/48 | €1,842,775 | €1,062,421 | -€780,354 | -42.3% |
| Current portion of amounts payable after more than one year | 42 | €103,795 | €98,568 | -€5,226 | -5.0% |
| Trade debts | 44 | €763,449 | €958,340 | +€194,892 | +25.5% |
| Suppliers | 440/4 | €763,449 | €958,340 | +€194,892 | +25.5% |
| Taxes, remuneration and social security | 45 | €17,711 | €1,764 | -€15,947 | -90.0% |
| Taxes | 450/3 | - | €1,764 | +€1,764 | |
| Remuneration and social security | 454/9 | €17,711 | - | -€17,711 | |
| Other amounts payable | 47/48 | €957,821 | €3,748 | -€954,073 | -99.6% |
| Remuneration, social security and pensions | 62 | €397,885 | €391,470 | -€6,415 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121,967 | €120,233 | -€1,735 | -1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,267 | €6,424 | +€1,158 | +22.0% |
| Other operating charges | 640/8 | €12,978 | €13,641 | +€663 | +5.1% |
| Non-recurring operating charges | 66A | €64 | - | -€64 | |
| Gross operating margin | 9900 | €1,855,839 | €1,860,169 | +€4,330 | +0.2% |
| Operating profit (loss) | 9901 | €1,317,678 | €1,328,400 | +€10,723 | +0.8% |
| Financial income | 75/76B | €7,247 | €4,465 | -€2,782 | -38.4% |
| Recurring financial income | 75 | €7,247 | €4,465 | -€2,782 | -38.4% |
| Financial charges | 65/66B | €60,613 | €48,957 | -€11,656 | -19.2% |
| Recurring financial charges | 65 | €60,613 | €48,957 | -€11,656 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €1,264,312 | €1,283,908 | +€19,597 | +1.5% |
| Income taxes | 67/77 | €319,312 | €329,011 | +€9,699 | +3.0% |
| Profit (loss) for the period | 9904 | €945,000 | €954,897 | +€9,898 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €945,000 | €954,897 | +€9,898 | +1.0% |
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 11 October 2026 via checked.be.