ROTRA AIR & OCEAN: 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.
ROTRA AIR & OCEAN
Largest movements
- Cash +€299,498
up €299,498 (+86.3%), from €347,192 to €646,690
mainly Current portion of long-term debt (+€3.6m) and Trade debts (+€303,446)
- Receivables within one year +€289,970
up €289,970 (+19.6%), from €1.5m to €1.8m
of which Trade receivables: +€249,304
- Current portion of long-term debt +€3.6m
new in 2025: €3.6m
- Debts after one year -€2.0m
no longer reported in 2025 (was €2.0m)
- Profit (loss) carried forward -€1.3m
down €1.3m (-107%), from -€1.2m to -€2.5m
- Trade debts +€303,446
up €303,446 (+42.5%), from €714,609 to €1.0m
- Accrued charges and deferred income +€40,650
new in 2025: €40,650
- Financial charges +€62,076
up €62,076 (+73.4%), from €84,568 to €146,644
- Gross operating margin +€53,656
up €53,656 (+19.1%), from €280,266 to €333,922
- Write-downs +€52,774
new in 2025: €52,774
- Staff costs +€24,785
up €24,785 (+1.7%), from €1.4m to €1.4m
- Taxes +€3,339
new in 2025: €3,339
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 | €1,858,148 | €2,435,825 | +€577,677 | +31.1% |
| Fixed assets | 21/28 | €3,470 | €6,741 | +€3,270 | +94.2% |
| Tangible fixed assets | 22/27 | €3,470 | €6,741 | +€3,270 | +94.2% |
| Furniture and vehicles | 24 | €3,470 | €6,741 | +€3,270 | +94.2% |
| Current assets | 29/58 | €1,854,678 | €2,429,084 | +€574,406 | +31.0% |
| Amounts receivable within one year | 40/41 | €1,478,034 | €1,768,003 | +€289,970 | +19.6% |
| Trade receivables | 40 | €1,463,176 | €1,712,480 | +€249,304 | +17.0% |
| Other amounts receivable | 41 | €14,858 | €55,523 | +€40,666 | +274% |
| Cash at bank and in hand | 54/58 | €347,192 | €646,690 | +€299,498 | +86.3% |
| Deferred charges and accrued income | 490/1 | €29,452 | €14,390 | -€15,061 | -51.1% |
| Total equity and liabilities | 10/49 | €1,858,148 | €2,435,825 | +€577,677 | +31.1% |
| Equity | 10/15 | -€1,131,094 | -€2,449,499 | -€1.3m | -117% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €33,702 | €33,702 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €27,202 | €27,202 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€1,229,796 | -€2,548,201 | -€1.3m | -107% |
| Amounts payable | 17/49 | €2,989,242 | €4,885,324 | +€1.9m | +63.4% |
| Amounts payable after more than one year | 17 | €2,000,000 | - | -€2.0m | |
| Other amounts payable | 178/9 | €2,000,000 | - | -€2.0m | |
| Amounts payable within one year | 42/48 | €989,242 | €4,844,674 | +€3.9m | +390% |
| Current portion of amounts payable after more than one year | 42 | - | €3,600,000 | +€3.6m | |
| Trade debts | 44 | €714,609 | €1,018,055 | +€303,446 | +42.5% |
| Suppliers | 440/4 | €714,609 | €1,018,055 | +€303,446 | +42.5% |
| Taxes, remuneration and social security | 45 | €249,484 | €226,619 | -€22,865 | -9.2% |
| Taxes | 450/3 | €43,979 | €49,410 | +€5,431 | +12.3% |
| Remuneration and social security | 454/9 | €205,506 | €177,210 | -€28,296 | -13.8% |
| Other amounts payable | 47/48 | €25,148 | - | -€25,148 | |
| Accrued charges and deferred income | 492/3 | - | €40,650 | +€40,650 | |
| Remuneration, social security and pensions | 62 | €1,421,030 | €1,445,815 | +€24,785 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,604 | €2,906 | -€698 | -19.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €52,774 | +€52,774 | |
| Other operating charges | 640/8 | €861 | €849 | -€12 | -1.4% |
| Gross operating margin | 9900 | €280,266 | €333,922 | +€53,656 | +19.1% |
| Operating profit (loss) | 9901 | -€1,145,228 | -€1,168,422 | -€23,195 | -2.0% |
| Financial charges | 65/66B | €84,568 | €146,644 | +€62,076 | +73.4% |
| Recurring financial charges | 65 | €84,568 | €146,644 | +€62,076 | +73.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,229,796 | -€1,315,066 | -€85,270 | -6.9% |
| Income taxes | 67/77 | - | €3,339 | +€3,339 | |
| Profit (loss) for the period | 9904 | -€1,229,796 | -€1,318,405 | -€88,610 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,229,796 | -€1,318,405 | -€88,610 | -7.2% |
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 29 October 2026 via checked.be.