ROTHIDI: 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.
ROTHIDI
Largest movements
- Receivables within one year +€200,816
up €200,816 (+13.8%), from €1.5m to €1.7m
of which Other amounts receivable: +€203,295
- Tangible fixed assets -€181,875
down €181,875 (-25.0%), from €726,451 to €544,576
of which Plant, machinery and equipment: -€161,019
- Stocks and contracts +€166,819
up €166,819 (+21.0%), from €794,607 to €961,426
- Cash -€80,837
down €80,837 (-11.1%), from €729,911 to €649,074
mainly Net result for the year (-€235,916) and Receivables within one year (-€200,816)
- Trade debts +€269,493
up €269,493 (+18.7%), from €1.4m to €1.7m
- Profit (loss) carried forward -€235,916
down €235,916, from €106,019 to -€129,897
- Other debts +€137,431
up €137,431 (+18.7%), from €735,838 to €873,269
- Debts after one year -€108,127
down €108,127 (-20.6%), from €524,708 to €416,582
- Other operating charges +€96,444
up €96,444 (+729%), from €13,233 to €109,677
- Financial charges +€31,001
up €31,001 (+59.0%), from €52,567 to €83,568
- Staff costs +€23,746
up €23,746 (+2.3%), from €1.0m to €1.0m
- Depreciation -€13,779
down €13,779 (-6.1%), from €226,012 to €212,233
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 | €3,741,103 | €3,828,573 | +€87,470 | +2.3% |
| Fixed assets | 21/28 | €733,985 | €551,119 | -€182,866 | -24.9% |
| Intangible fixed assets | 21 | €1,073 | €81 | -€991 | -92.4% |
| Tangible fixed assets | 22/27 | €726,451 | €544,576 | -€181,875 | -25.0% |
| Land and buildings | 22 | €90,116 | €78,451 | -€11,665 | -12.9% |
| Plant, machinery and equipment | 23 | €618,291 | €457,272 | -€161,019 | -26.0% |
| Furniture and vehicles | 24 | €18,044 | €8,853 | -€9,191 | -50.9% |
| Financial fixed assets | 28 | €6,461 | €6,461 | = | 0.0% |
| Current assets | 29/58 | €3,007,118 | €3,277,454 | +€270,336 | +9.0% |
| Stocks and contracts in progress | 3 | €794,607 | €961,426 | +€166,819 | +21.0% |
| Stocks | 30/36 | €794,607 | €961,426 | +€166,819 | +21.0% |
| Amounts receivable within one year | 40/41 | €1,452,986 | €1,653,803 | +€200,816 | +13.8% |
| Trade receivables | 40 | €159,660 | €157,181 | -€2,478 | -1.6% |
| Other amounts receivable | 41 | €1,293,327 | €1,496,622 | +€203,295 | +15.7% |
| Cash at bank and in hand | 54/58 | €729,911 | €649,074 | -€80,837 | -11.1% |
| Deferred charges and accrued income | 490/1 | €29,613 | €13,152 | -€16,462 | -55.6% |
| Total equity and liabilities | 10/49 | €3,741,103 | €3,828,573 | +€87,470 | +2.3% |
| Equity | 10/15 | €835,519 | €599,603 | -€235,916 | -28.2% |
| Contributions | 10/11 | €95,000 | €95,000 | = | 0.0% |
| Capital | 10 | €95,000 | €95,000 | = | 0.0% |
| Issued capital | 100 | €95,000 | €95,000 | = | 0.0% |
| Reserves | 13 | €634,500 | €634,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,500 | €9,500 | = | 0.0% |
| Legal reserve | 130 | €9,500 | €9,500 | = | 0.0% |
| Distributable reserves | 133 | €625,000 | €625,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,019 | -€129,897 | -€235,916 | |
| Amounts payable | 17/49 | €2,905,584 | €3,228,969 | +€323,385 | +11.1% |
| Amounts payable after more than one year | 17 | €524,708 | €416,582 | -€108,127 | -20.6% |
| Financial debts | 170/4 | €524,708 | €416,582 | -€108,127 | -20.6% |
| Amounts payable within one year | 42/48 | €2,380,876 | €2,812,388 | +€431,512 | +18.1% |
| Current portion of amounts payable after more than one year | 42 | €118,778 | €116,948 | -€1,830 | -1.5% |
| Trade debts | 44 | €1,441,454 | €1,710,947 | +€269,493 | +18.7% |
| Suppliers | 440/4 | €1,441,454 | €1,710,947 | +€269,493 | +18.7% |
| Taxes, remuneration and social security | 45 | €84,806 | €111,224 | +€26,418 | +31.2% |
| Taxes | 450/3 | - | €3,024 | +€3,024 | |
| Remuneration and social security | 454/9 | €84,806 | €108,200 | +€23,394 | +27.6% |
| Other amounts payable | 47/48 | €735,838 | €873,269 | +€137,431 | +18.7% |
| Remuneration, social security and pensions | 62 | €1,026,158 | €1,049,904 | +€23,746 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €226,012 | €212,233 | -€13,779 | -6.1% |
| Other operating charges | 640/8 | €13,233 | €109,677 | +€96,444 | +729% |
| Gross operating margin | 9900 | €1,204,350 | €1,208,200 | +€3,849 | +0.3% |
| Operating profit (loss) | 9901 | -€61,052 | -€163,614 | -€102,562 | -168% |
| Financial income | 75/76B | €19,240 | €11,459 | -€7,781 | -40.4% |
| Recurring financial income | 75 | €19,240 | €11,459 | -€7,781 | -40.4% |
| Financial charges | 65/66B | €52,567 | €83,568 | +€31,001 | +59.0% |
| Recurring financial charges | 65 | €52,567 | €83,568 | +€31,001 | +59.0% |
| Profit (loss) for the period before taxes | 9903 | -€94,379 | -€235,723 | -€141,344 | -150% |
| Income taxes | 67/77 | €41 | €193 | +€152 | +373% |
| Profit (loss) for the period | 9904 | -€94,419 | -€235,916 | -€141,496 | -150% |
| Profit (loss) for the period to be appropriated | 9905 | -€94,419 | -€235,916 | -€141,496 | -150% |
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 18 October 2026 via checked.be.