ROTHINE: 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.
ROTHINE
Largest movements
- Tangible fixed assets -€24,369
down €24,369 (-5.4%), from €454,771 to €430,403
of which Land and buildings: -€22,021
- Cash -€19,595
down €19,595 (-18.7%), from €104,785 to €85,190
mainly Debts after one year (-€31,134) and Net result for the year (-€12,053)
- Debts after one year -€31,134
down €31,134 (-57.2%), from €54,412 to €23,278
- Reserves -€12,053
down €12,053 (-4.9%), from €246,416 to €234,363
- Provisions -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Gross operating margin +€17,357
up €17,357 (+380.1%), from €4,566 to €21,923
- Financial charges -€2,690
down €2,690 (-32.4%), from €8,309 to €5,619
- Depreciation -€1,171
down €1,171 (-4.6%), from €25,539 to €24,369
- Staff costs -€1,139
down €1,139 (-100.0%), from €1,139 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 | €565,993 | €521,840 | -€44,154 | -7.8% |
| Fixed assets | 21/28 | €454,996 | €430,628 | -€24,369 | -5.4% |
| Tangible fixed assets | 22/27 | €454,771 | €430,403 | -€24,369 | -5.4% |
| Land and buildings | 22 | €443,941 | €421,920 | -€22,021 | -5.0% |
| Furniture and vehicles | 24 | €10,831 | €8,483 | -€2,348 | -21.7% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €110,997 | €91,212 | -€19,785 | -17.8% |
| Amounts receivable within one year | 40/41 | €2,635 | €2,509 | -€126 | -4.8% |
| Trade receivables | 40 | €23 | €0 | -€23 | -100.0% |
| Other amounts receivable | 41 | €2,612 | €2,509 | -€103 | -3.9% |
| Cash at bank and in hand | 54/58 | €104,785 | €85,190 | -€19,595 | -18.7% |
| Deferred charges and accrued income | 490/1 | €3,578 | €3,513 | -€65 | -1.8% |
| Total equity and liabilities | 10/49 | €565,993 | €521,840 | -€44,154 | -7.8% |
| Equity | 10/15 | €265,016 | €252,963 | -€12,053 | -4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €246,416 | €234,363 | -€12,053 | -4.9% |
| Distributable reserves | 133 | €246,416 | €234,363 | -€12,053 | -4.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €200,000 | €200,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €200,000 | €200,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable | 17/49 | €100,977 | €68,877 | -€32,100 | -31.8% |
| Amounts payable after more than one year | 17 | €54,412 | €23,278 | -€31,134 | -57.2% |
| Financial debts | 170/4 | €54,412 | €23,278 | -€31,134 | -57.2% |
| Amounts payable within one year | 42/48 | €46,565 | €45,599 | -€966 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €33,336 | €31,134 | -€2,202 | -6.6% |
| Trade debts | 44 | €4,521 | €3,891 | -€629 | -13.9% |
| Suppliers | 440/4 | €4,521 | €3,891 | -€629 | -13.9% |
| Taxes, remuneration and social security | 45 | €5,559 | €7,756 | +€2,197 | +39.5% |
| Taxes | 450/3 | €3,330 | €3,297 | -€33 | -1.0% |
| Remuneration and social security | 454/9 | €2,229 | €4,459 | +€2,229 | +100.0% |
| Other amounts payable | 47/48 | €3,150 | €2,818 | -€332 | -10.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,139 | €0 | -€1,139 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,539 | €24,369 | -€1,171 | -4.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €25,000 | €0 | -€25,000 | -100.0% |
| Other operating charges | 640/8 | €3,592 | €3,145 | -€447 | -12.4% |
| Gross operating margin | 9900 | €4,566 | €21,923 | +€17,357 | +380.1% |
| Operating profit (loss) | 9901 | -€50,704 | -€5,591 | +€45,113 | +89.0% |
| Financial income | 75/76B | €0 | €81 | +€81 | |
| Recurring financial income | 75 | €0 | €81 | +€81 | |
| Financial charges | 65/66B | €8,309 | €5,619 | -€2,690 | -32.4% |
| Recurring financial charges | 65 | €8,309 | €5,619 | -€2,690 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | -€59,013 | -€11,129 | +€47,884 | +81.1% |
| Income taxes | 67/77 | €981 | €925 | -€57 | -5.8% |
| Profit (loss) for the period | 9904 | -€59,994 | -€12,053 | +€47,941 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,994 | -€12,053 | +€47,941 | +79.9% |
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 12 October 2026 via checked.be.