Rotha: 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.
Rotha
Largest movements
- Tangible fixed assets -€14,325
down €14,325 (-6.5%), from €221,197 to €206,872
of which Land and buildings: -€10,342
- Stocks and contracts -€2,654
down €2,654 (-36.0%), from €7,367 to €4,713
- Debts after one year -€17,070
down €17,070 (-12.7%), from €134,054 to €116,984
- Other debts +€8,166
up €8,166 (+17.6%), from €46,403 to €54,569
- Current portion of long-term debt -€8,159
down €8,159 (-31.1%), from €26,215 to €18,056
- Accrued charges and deferred income +€3,600
new in 2025: €3,600
- Gross operating margin -€13,436
down €13,436 (-30.0%), from €44,803 to €31,367
- Financial charges +€3,357
up €3,357 (+105.8%), from €3,173 to €6,530
- Depreciation +€1,322
up €1,322 (+6.2%), from €21,360 to €22,682
- Taxes -€841
down €841 (-47.2%), from €1,781 to €941
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 | €236,133 | €221,858 | -€14,274 | -6.0% |
| Fixed assets | 21/28 | €221,197 | €206,872 | -€14,325 | -6.5% |
| Tangible fixed assets | 22/27 | €221,197 | €206,872 | -€14,325 | -6.5% |
| Land and buildings | 22 | €183,234 | €172,892 | -€10,342 | -5.6% |
| Plant, machinery and equipment | 23 | €8,028 | €8,150 | +€123 | +1.5% |
| Furniture and vehicles | 24 | €28,880 | €25,198 | -€3,682 | -12.7% |
| Other tangible fixed assets | 26 | €1,056 | €632 | -€424 | -40.1% |
| Current assets | 29/58 | €14,935 | €14,986 | +€51 | +0.3% |
| Stocks and contracts in progress | 3 | €7,367 | €4,713 | -€2,654 | -36.0% |
| Stocks | 30/36 | €7,367 | €4,713 | -€2,654 | -36.0% |
| Amounts receivable within one year | 40/41 | €69 | €778 | +€709 | +1026.1% |
| Trade receivables | 40 | €69 | €712 | +€643 | +930.9% |
| Other amounts receivable | 41 | - | €66 | +€66 | |
| Cash at bank and in hand | 54/58 | €7,261 | €8,504 | +€1,243 | +17.1% |
| Deferred charges and accrued income | 490/1 | €238 | €991 | +€753 | +316.3% |
| Total equity and liabilities | 10/49 | €236,133 | €221,858 | -€14,274 | -6.0% |
| Equity | 10/15 | €23,555 | €22,273 | -€1,281 | -5.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,155 | €11,155 | = | 0.0% |
| Distributable reserves | 133 | €11,155 | €11,155 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,281 | -€1,281 | |
| Amounts payable | 17/49 | €212,578 | €199,585 | -€12,993 | -6.1% |
| Amounts payable after more than one year | 17 | €134,054 | €116,984 | -€17,070 | -12.7% |
| Financial debts | 170/4 | €134,054 | €116,984 | -€17,070 | -12.7% |
| Amounts payable within one year | 42/48 | €78,524 | €79,001 | +€477 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €26,215 | €18,056 | -€8,159 | -31.1% |
| Trade debts | 44 | €1,103 | €506 | -€596 | -54.1% |
| Suppliers | 440/4 | €1,103 | €506 | -€596 | -54.1% |
| Taxes, remuneration and social security | 45 | €4,804 | €5,870 | +€1,066 | +22.2% |
| Taxes | 450/3 | €4,804 | €5,870 | +€1,066 | +22.2% |
| Other amounts payable | 47/48 | €46,403 | €54,569 | +€8,166 | +17.6% |
| Accrued charges and deferred income | 492/3 | - | €3,600 | +€3,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,360 | €22,682 | +€1,322 | +6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €106 | +€106 | |
| Other operating charges | 640/8 | €2,367 | €2,416 | +€50 | +2.1% |
| Non-recurring operating charges | 66A | €625 | - | -€625 | |
| Gross operating margin | 9900 | €44,803 | €31,367 | -€13,436 | -30.0% |
| Operating profit (loss) | 9901 | €20,452 | €6,162 | -€14,289 | -69.9% |
| Financial income | 75/76B | €93 | €27 | -€65 | -70.4% |
| Recurring financial income | 75 | €93 | €27 | -€65 | -70.4% |
| Financial charges | 65/66B | €3,173 | €6,530 | +€3,357 | +105.8% |
| Recurring financial charges | 65 | €3,173 | €6,530 | +€3,357 | +105.8% |
| Profit (loss) for the period before taxes | 9903 | €17,371 | -€341 | -€17,712 | |
| Income taxes | 67/77 | €1,781 | €941 | -€841 | -47.2% |
| Profit (loss) for the period | 9904 | €15,590 | -€1,281 | -€16,871 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,590 | -€1,281 | -€16,871 |
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.