ROULS GAETAN: 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.
ROULS GAETAN
Largest movements
- Tangible fixed assets -€27,610
down €27,610 (-3.8%), from €727,959 to €700,349
of which Plant, machinery and equipment: -€19,722
- Receivables within one year +€12,687
up €12,687 (+57.1%), from €22,214 to €34,901
- Deferred charges and accrued income -€11,047
down €11,047 (-69.3%), from €15,934 to €4,887
- Debts after one year -€21,027
down €21,027 (-5.9%), from €357,707 to €336,679
- Other debts -€14,444
down €14,444 (-7.0%), from €205,249 to €190,805
- Gross operating margin -€24,798
down €24,798 (-38.9%), from €63,709 to €38,912
- Taxes -€5,413
down €5,413 (-77.4%), from €6,996 to €1,583
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 | €779,661 | €745,988 | -€33,673 | -4.3% |
| Fixed assets | 21/28 | €727,959 | €700,349 | -€27,610 | -3.8% |
| Tangible fixed assets | 22/27 | €727,959 | €700,349 | -€27,610 | -3.8% |
| Land and buildings | 22 | €215,381 | €207,493 | -€7,888 | -3.7% |
| Plant, machinery and equipment | 23 | €512,579 | €492,856 | -€19,722 | -3.8% |
| Current assets | 29/58 | €51,702 | €45,639 | -€6,063 | -11.7% |
| Amounts receivable within one year | 40/41 | €22,214 | €34,901 | +€12,687 | +57.1% |
| Trade receivables | 40 | €22,214 | €34,901 | +€12,687 | +57.1% |
| Cash at bank and in hand | 54/58 | €13,553 | €5,851 | -€7,703 | -56.8% |
| Deferred charges and accrued income | 490/1 | €15,934 | €4,887 | -€11,047 | -69.3% |
| Total equity and liabilities | 10/49 | €779,661 | €745,988 | -€33,673 | -4.3% |
| Equity | 10/15 | €182,970 | €182,609 | -€361 | -0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €162,510 | €162,149 | -€361 | -0.2% |
| Amounts payable | 17/49 | €596,691 | €563,379 | -€33,312 | -5.6% |
| Amounts payable after more than one year | 17 | €357,707 | €336,679 | -€21,027 | -5.9% |
| Financial debts | 170/4 | €357,707 | €336,679 | -€21,027 | -5.9% |
| Amounts payable within one year | 42/48 | €238,984 | €226,608 | -€12,377 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €22,401 | €22,764 | +€363 | +1.6% |
| Trade debts | 44 | €833 | €2,579 | +€1,746 | +209% |
| Suppliers | 440/4 | €833 | €2,579 | +€1,746 | +209% |
| Taxes, remuneration and social security | 45 | €10,501 | €10,459 | -€41 | -0.4% |
| Taxes | 450/3 | €10,501 | €10,459 | -€41 | -0.4% |
| Other amounts payable | 47/48 | €205,249 | €190,805 | -€14,444 | -7.0% |
| Accrued charges and deferred income | 492/3 | - | €92 | +€92 | |
| Remuneration, social security and pensions | 62 | - | €5 | +€5 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,288 | €27,610 | +€322 | +1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €68 | +€68 | |
| Other operating charges | 640/8 | €2,662 | €3,280 | +€618 | +23.2% |
| Gross operating margin | 9900 | €63,709 | €38,912 | -€24,798 | -38.9% |
| Operating profit (loss) | 9901 | €33,759 | €7,949 | -€25,810 | -76.5% |
| Financial charges | 65/66B | €7,155 | €6,728 | -€427 | -6.0% |
| Recurring financial charges | 65 | €7,155 | €6,728 | -€427 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €26,604 | €1,222 | -€25,382 | -95.4% |
| Income taxes | 67/77 | €6,996 | €1,583 | -€5,413 | -77.4% |
| Profit (loss) for the period | 9904 | €19,608 | -€361 | -€19,969 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,608 | -€361 | -€19,969 |
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 30 October 2026 via checked.be.