ROUNDSTONE: what changed
ROUNDSTONE
Largest movements
- Receivables within one year +€16,393
up €16,393 (+100%), from €16,365 to €32,757
of which Trade receivables: +€24,200
- Cash +€16,174
up €16,174 (+45.0%), from €35,976 to €52,150
mainly Net result for the year (+€27,523) and Other debts (+€20,107)
- Other debts +€20,107
new in 2025: €20,107
- Tax, wage and social debts +€11,555
up €11,555 (+221%), from €5,238 to €16,793
- Reserves +€1,717
up €1,717 (+3.8%), from €45,362 to €47,079
- Gross operating margin +€25,803
up €25,803 (+167%), from €15,470 to €41,273
- Taxes +€6,825
up €6,825 (+164%), from €4,155 to €10,979
- Other operating charges -€969
down €969 (-84.3%), from €1,150 to €181
- Depreciation +€649
up €649 (+34.9%), from €1,859 to €2,507
- Financial charges -€600
down €600 (-87.9%), from €682 to €82
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,702 | €91,321 | +€32,619 | +55.6% |
| Fixed assets | 21/28 | €6,360 | €6,413 | +€53 | +0.8% |
| Tangible fixed assets | 22/27 | €6,360 | €6,413 | +€53 | +0.8% |
| Plant, machinery and equipment | 23 | €2,316 | €2,871 | +€555 | +24.0% |
| Furniture and vehicles | 24 | €499 | €372 | -€127 | -25.4% |
| Other tangible fixed assets | 26 | €3,546 | €3,171 | -€375 | -10.6% |
| Current assets | 29/58 | €52,341 | €84,907 | +€32,566 | +62.2% |
| Amounts receivable within one year | 40/41 | €16,365 | €32,757 | +€16,393 | +100% |
| Trade receivables | 40 | €4,840 | €29,040 | +€24,200 | +500% |
| Other amounts receivable | 41 | €11,525 | €3,717 | -€7,807 | -67.7% |
| Cash at bank and in hand | 54/58 | €35,976 | €52,150 | +€16,174 | +45.0% |
| Total equity and liabilities | 10/49 | €58,702 | €91,321 | +€32,619 | +55.6% |
| Equity | 10/15 | €51,562 | €53,279 | +€1,717 | +3.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €45,362 | €47,079 | +€1,717 | +3.8% |
| Distributable reserves | 133 | €45,362 | €47,079 | +€1,717 | +3.8% |
| Amounts payable | 17/49 | €7,139 | €38,042 | +€30,903 | +433% |
| Amounts payable within one year | 42/48 | €7,139 | €38,042 | +€30,903 | +433% |
| Trade debts | 44 | €1,901 | €1,142 | -€759 | -39.9% |
| Suppliers | 440/4 | €1,901 | €1,142 | -€759 | -39.9% |
| Taxes, remuneration and social security | 45 | €5,238 | €16,793 | +€11,555 | +221% |
| Taxes | 450/3 | €5,238 | €16,793 | +€11,555 | +221% |
| Other amounts payable | 47/48 | - | €20,107 | +€20,107 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,859 | €2,507 | +€649 | +34.9% |
| Other operating charges | 640/8 | €1,150 | €181 | -€969 | -84.3% |
| Gross operating margin | 9900 | €15,470 | €41,273 | +€25,803 | +167% |
| Operating profit (loss) | 9901 | €12,462 | €38,585 | +€26,123 | +210% |
| Financial charges | 65/66B | €682 | €82 | -€600 | -87.9% |
| Recurring financial charges | 65 | €682 | €82 | -€600 | -87.9% |
| Profit (loss) for the period before taxes | 9903 | €11,779 | €38,503 | +€26,723 | +227% |
| Income taxes | 67/77 | €4,155 | €10,979 | +€6,825 | +164% |
| Profit (loss) for the period | 9904 | €7,624 | €27,523 | +€19,899 | +261% |
| Profit (loss) for the period to be appropriated | 9905 | €7,624 | €27,523 | +€19,899 | +261% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.