ROUSSEL - IMMO: 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.
ROUSSEL - IMMO
Largest movements
- Tangible fixed assets -€89,190
down €89,190 (-11.1%), from €804,942 to €715,752
of which Plant, machinery and equipment: -€77,640
- Deferred charges and accrued income -€85,473
down €85,473 (-99.7%), from €85,732 to €260
- Receivables within one year +€58,530
up €58,530 (+88.7%), from €65,995 to €124,525
of which Other amounts receivable: +€42,192
- Stocks and contracts +€25,899
up €25,899 (+1.8%), from €1.4m to €1.4m
- Cash +€25,762
up €25,762 (+1,277%), from €2,018 to €27,780
mainly Deferred charges and accrued income (+€85,473) and Depreciation (+€84,235)
- Reserves -€35,000
down €35,000 (-3.6%), from €983,700 to €948,700
of which Distributable reserves: -€35,000
- Gross operating margin -€60,816
down €60,816 (-40.1%), from €151,532 to €90,715
- Financial charges -€11,664
down €11,664 (-17.8%), from €65,515 to €53,851
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 | €2,362,421 | €2,297,949 | -€64,472 | -2.7% |
| Fixed assets | 21/28 | €804,942 | €715,752 | -€89,190 | -11.1% |
| Tangible fixed assets | 22/27 | €804,942 | €715,752 | -€89,190 | -11.1% |
| Land and buildings | 22 | €143,812 | €128,458 | -€15,353 | -10.7% |
| Plant, machinery and equipment | 23 | €224,003 | €146,363 | -€77,640 | -34.7% |
| Furniture and vehicles | 24 | €107,464 | €104,333 | -€3,130 | -2.9% |
| Other tangible fixed assets | 26 | €329,664 | €336,597 | +€6,933 | +2.1% |
| Current assets | 29/58 | €1,557,479 | €1,582,197 | +€24,718 | +1.6% |
| Stocks and contracts in progress | 3 | €1,403,734 | €1,429,632 | +€25,899 | +1.8% |
| Stocks | 30/36 | €1,403,734 | €1,429,632 | +€25,899 | +1.8% |
| Amounts receivable within one year | 40/41 | €65,995 | €124,525 | +€58,530 | +88.7% |
| Trade receivables | 40 | €65,837 | €82,175 | +€16,338 | +24.8% |
| Other amounts receivable | 41 | €158 | €42,350 | +€42,192 | +26,682% |
| Cash at bank and in hand | 54/58 | €2,018 | €27,780 | +€25,762 | +1,277% |
| Deferred charges and accrued income | 490/1 | €85,732 | €260 | -€85,473 | -99.7% |
| Total equity and liabilities | 10/49 | €2,362,421 | €2,297,949 | -€64,472 | -2.7% |
| Equity | 10/15 | €1,084,571 | €1,039,710 | -€44,860 | -4.1% |
| Contributions | 10/11 | €87,000 | €87,000 | = | 0.0% |
| Capital | 10 | €87,000 | €87,000 | = | 0.0% |
| Issued capital | 100 | €87,000 | €87,000 | = | 0.0% |
| Reserves | 13 | €983,700 | €948,700 | -€35,000 | -3.6% |
| Non-distributable reserves | 130/1 | €8,700 | €8,700 | = | 0.0% |
| Legal reserve | 130 | €8,700 | €8,700 | = | 0.0% |
| Distributable reserves | 133 | €975,000 | €940,000 | -€35,000 | -3.6% |
| Profit (loss) carried forward | 14 | €13,871 | €4,010 | -€9,860 | -71.1% |
| Amounts payable | 17/49 | €1,277,850 | €1,258,238 | -€19,612 | -1.5% |
| Amounts payable after more than one year | 17 | €1,040,445 | €1,021,672 | -€18,773 | -1.8% |
| Financial debts | 170/4 | €1,040,445 | €1,021,672 | -€18,773 | -1.8% |
| Amounts payable within one year | 42/48 | €230,047 | €232,496 | +€2,449 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €121,510 | €103,270 | -€18,239 | -15.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,149 | €3,177 | +€2,029 | +177% |
| Suppliers | 440/4 | €1,149 | €3,177 | +€2,029 | +177% |
| Taxes, remuneration and social security | 45 | €3,794 | €21,041 | +€17,247 | +455% |
| Taxes | 450/3 | €3,794 | €21,041 | +€17,247 | +455% |
| Other amounts payable | 47/48 | €103,594 | €105,007 | +€1,413 | +1.4% |
| Accrued charges and deferred income | 492/3 | €7,359 | €4,071 | -€3,288 | -44.7% |
| Non-recurring operating income | 76A | €1,240 | €17,840 | +€16,600 | +1,339% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,331 | €84,235 | +€904 | +1.1% |
| Other operating charges | 640/8 | €4,119 | €4,425 | +€306 | +7.4% |
| Gross operating margin | 9900 | €151,532 | €90,715 | -€60,816 | -40.1% |
| Operating profit (loss) | 9901 | €64,081 | €2,055 | -€62,027 | -96.8% |
| Financial income | 75/76B | €6,933 | €6,952 | +€19 | +0.3% |
| Recurring financial income | 75 | €0 | €19 | +€19 | |
| Non-recurring financial income | 76B | €6,933 | €6,933 | = | 0.0% |
| Financial charges | 65/66B | €65,515 | €53,851 | -€11,664 | -17.8% |
| Recurring financial charges | 65 | €65,515 | €53,851 | -€11,664 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €5,499 | -€44,844 | -€50,343 | |
| Income taxes | 67/77 | €100 | €17 | -€83 | -83.2% |
| Profit (loss) for the period | 9904 | €5,399 | -€44,860 | -€50,260 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,399 | -€44,860 | -€50,260 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.