ROTHMES MANAGEMENT: 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.
ROTHMES MANAGEMENT
Largest movements
- Receivables within one year +€365,098
up €365,098 (+70.3%), from €519,100 to €884,198
of which Other amounts receivable: +€252,262
- Cash +€57,183
up €57,183 (+396.2%), from €14,434 to €71,616
mainly Other debts (+€337,374) and Short-term financial debts (+€45,000)
- Tangible fixed assets -€31,744
down €31,744 (-5.8%), from €544,620 to €512,876
of which Land and buildings: -€21,800
- Current investments -€16,079
no longer reported in 2025 (was €16,079)
- Other debts +€337,374
up €337,374 (+63.5%), from €531,483 to €868,858
- Short-term financial debts +€45,000
up €45,000 (+56.3%), from €80,000 to €125,000
- Debts after one year -€26,236
down €26,236 (-8.5%), from €308,631 to €282,395
- Gross operating margin -€8,527
down €8,527 (-12.2%), from €69,941 to €61,414
- Taxes +€7,896
up €7,896 (+179.6%), from €4,398 to €12,294
- Financial charges -€5,006
down €5,006 (-32.2%), from €15,541 to €10,535
- Financial income +€4,063
up €4,063 (+54.5%), from €7,453 to €11,516
of which Financial income: +€10,588
- Other operating charges -€3,015
down €3,015 (-19.4%), from €15,530 to €12,515
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 | €1,218,245 | €1,578,642 | +€360,397 | +29.6% |
| Fixed assets | 21/28 | €544,620 | €512,876 | -€31,744 | -5.8% |
| Tangible fixed assets | 22/27 | €544,620 | €512,876 | -€31,744 | -5.8% |
| Land and buildings | 22 | €446,698 | €424,898 | -€21,800 | -4.9% |
| Furniture and vehicles | 24 | €97,922 | €87,978 | -€9,944 | -10.2% |
| Current assets | 29/58 | €673,624 | €1,065,766 | +€392,142 | +58.2% |
| Amounts receivable within one year | 40/41 | €519,100 | €884,198 | +€365,098 | +70.3% |
| Trade receivables | 40 | €334,362 | €447,198 | +€112,836 | +33.7% |
| Other amounts receivable | 41 | €184,738 | €437,000 | +€252,262 | +136.6% |
| Current investments | 50/53 | €16,079 | - | -€16,079 | |
| Cash at bank and in hand | 54/58 | €14,434 | €71,616 | +€57,183 | +396.2% |
| Deferred charges and accrued income | 490/1 | €124,012 | €109,952 | -€14,060 | -11.3% |
| Total equity and liabilities | 10/49 | €1,218,245 | €1,578,642 | +€360,397 | +29.6% |
| Equity | 10/15 | €246,472 | €250,609 | +€4,137 | +1.7% |
| Contributions | 10/11 | €31,092 | €31,092 | = | 0.0% |
| Reserves | 13 | €55,609 | €55,609 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,500 | €1,500 | = | 0.0% |
| Other | 1319 | €1,500 | €1,500 | = | 0.0% |
| Distributable reserves | 133 | €54,109 | €54,109 | = | 0.0% |
| Profit (loss) carried forward | 14 | €159,771 | €163,907 | +€4,137 | +2.6% |
| Amounts payable | 17/49 | €971,773 | €1,328,034 | +€356,261 | +36.7% |
| Amounts payable after more than one year | 17 | €308,631 | €282,395 | -€26,236 | -8.5% |
| Financial debts | 170/4 | €308,631 | €282,395 | -€26,236 | -8.5% |
| Amounts payable within one year | 42/48 | €663,101 | €1,045,119 | +€382,018 | +57.6% |
| Current portion of amounts payable after more than one year | 42 | €25,807 | €26,236 | +€429 | +1.7% |
| Financial debts | 43 | €80,000 | €125,000 | +€45,000 | +56.3% |
| Credit institutions | 430/8 | €80,000 | €125,000 | +€45,000 | +56.3% |
| Trade debts | 44 | €16,552 | €6,245 | -€10,308 | -62.3% |
| Suppliers | 440/4 | €16,552 | €6,245 | -€10,308 | -62.3% |
| Taxes, remuneration and social security | 45 | €9,258 | €18,781 | +€9,522 | +102.9% |
| Taxes | 450/3 | €9,258 | €18,781 | +€9,522 | +102.9% |
| Other amounts payable | 47/48 | €531,483 | €868,858 | +€337,374 | +63.5% |
| Accrued charges and deferred income | 492/3 | €41 | €519 | +€478 | +1164.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,208 | €33,449 | -€2,759 | -7.6% |
| Other operating charges | 640/8 | €15,530 | €12,515 | -€3,015 | -19.4% |
| Gross operating margin | 9900 | €69,941 | €61,414 | -€8,527 | -12.2% |
| Operating profit (loss) | 9901 | €18,203 | €15,450 | -€2,753 | -15.1% |
| Financial income | 75/76B | €7,453 | €11,516 | +€4,063 | +54.5% |
| Recurring financial income | 75 | €928 | €11,516 | +€10,588 | +1141.1% |
| Non-recurring financial income | 76B | €6,525 | - | -€6,525 | |
| Financial charges | 65/66B | €15,541 | €10,535 | -€5,006 | -32.2% |
| Recurring financial charges | 65 | €15,541 | €10,535 | -€5,006 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €10,115 | €16,431 | +€6,316 | +62.4% |
| Income taxes | 67/77 | €4,398 | €12,294 | +€7,896 | +179.6% |
| Profit (loss) for the period | 9904 | €5,717 | €4,137 | -€1,580 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,717 | €4,137 | -€1,580 | -27.6% |
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 9 October 2026 via checked.be.