ROTOHOLD: 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.
ROTOHOLD
Largest movements
- Tangible fixed assets +€589,517
new in 2026: €589,517
- Financial fixed assets +€130,500
up €130,500 (+145.9%), from €89,455 to €219,955
- Receivables within one year -€108,143
down €108,143 (-19.5%), from €554,449 to €446,307
of which Trade receivables: -€64,299
- Receivables after one year -€20,000
down €20,000 (-12.5%), from €160,000 to €140,000
- Debts after one year +€371,770
up €371,770 (+919.0%), from €40,452 to €412,222
of which Financial debts: +€372,365
- Other debts +€171,344
up €171,344 (+86.1%), from €198,924 to €370,267
- Current portion of long-term debt +€25,433
up €25,433 (+65.8%), from €38,681 to €64,113
- Gross operating margin -€32,183
down €32,183 (-42.5%), from €75,802 to €43,619
- Depreciation +€25,965
up €25,965, from €0 to €25,965
- Financial charges -€11,439
down €11,439 (-27.3%), from €41,968 to €30,529
- Taxes -€11,387
down €11,387 (-76.0%), from €14,980 to €3,592
- Financial income -€5,814
down €5,814 (-17.0%), from €34,121 to €28,308
of which Financial income: -€5,814
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €848,775 | €1,433,332 | +€584,556 | +68.9% |
| Fixed assets | 21/28 | €89,455 | €809,473 | +€720,017 | +804.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | - | €589,517 | +€589,517 | |
| Land and buildings | 22 | - | €589,517 | +€589,517 | |
| Financial fixed assets | 28 | €89,455 | €219,955 | +€130,500 | +145.9% |
| Current assets | 29/58 | €759,320 | €623,859 | -€135,461 | -17.8% |
| Amounts receivable after more than one year | 29 | €160,000 | €140,000 | -€20,000 | -12.5% |
| Other amounts receivable | 291 | €160,000 | €140,000 | -€20,000 | -12.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €554,449 | €446,307 | -€108,143 | -19.5% |
| Trade receivables | 40 | €82,600 | €18,301 | -€64,299 | -77.8% |
| Other amounts receivable | 41 | €471,850 | €428,005 | -€43,844 | -9.3% |
| Cash at bank and in hand | 54/58 | €27,542 | €22,585 | -€4,957 | -18.0% |
| Deferred charges and accrued income | 490/1 | €17,328 | €14,967 | -€2,361 | -13.6% |
| Total equity and liabilities | 10/49 | €848,775 | €1,433,332 | +€584,556 | +68.9% |
| Equity | 10/15 | €549,014 | €558,315 | +€9,301 | +1.7% |
| Reserves | 13 | €549,014 | €558,315 | +€9,301 | +1.7% |
| Distributable reserves | 133 | €549,014 | €558,315 | +€9,301 | +1.7% |
| Amounts payable | 17/49 | €299,761 | €875,017 | +€575,256 | +191.9% |
| Amounts payable after more than one year | 17 | €40,452 | €412,222 | +€371,770 | +919.0% |
| Financial debts | 170/4 | €39,857 | €412,222 | +€372,365 | +934.2% |
| Other amounts payable | 178/9 | €595 | €0 | -€595 | -100.0% |
| Amounts payable within one year | 42/48 | €258,678 | €462,164 | +€203,486 | +78.7% |
| Current portion of amounts payable after more than one year | 42 | €38,681 | €64,113 | +€25,433 | +65.8% |
| Trade debts | 44 | €4,279 | €13,686 | +€9,406 | +219.8% |
| Suppliers | 440/4 | €4,279 | €13,686 | +€9,406 | +219.8% |
| Taxes, remuneration and social security | 45 | €16,795 | €14,097 | -€2,697 | -16.1% |
| Taxes | 450/3 | €16,795 | €14,097 | -€2,697 | -16.1% |
| Other amounts payable | 47/48 | €198,924 | €370,267 | +€171,344 | +86.1% |
| Accrued charges and deferred income | 492/3 | €631 | €631 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €25,965 | +€25,965 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,481 | €0 | +€4,481 | |
| Other operating charges | 640/8 | €1,158 | €2,539 | +€1,381 | +119.2% |
| Non-recurring operating charges | 66A | €12,379 | €0 | -€12,379 | -100.0% |
| Gross operating margin | 9900 | €75,802 | €43,619 | -€32,183 | -42.5% |
| Operating profit (loss) | 9901 | €66,746 | €15,115 | -€51,631 | -77.4% |
| Financial income | 75/76B | €34,121 | €28,308 | -€5,814 | -17.0% |
| Recurring financial income | 75 | €34,121 | €28,308 | -€5,814 | -17.0% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €41,968 | €30,529 | -€11,439 | -27.3% |
| Recurring financial charges | 65 | €41,968 | €30,529 | -€11,439 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €58,899 | €12,893 | -€46,006 | -78.1% |
| Income taxes | 67/77 | €14,980 | €3,592 | -€11,387 | -76.0% |
| Profit (loss) for the period | 9904 | €43,920 | €9,301 | -€34,619 | -78.8% |
| Profit (loss) for the period to be appropriated | 9905 | €43,920 | €9,301 | -€34,619 | -78.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.