ROUTAN: 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.
ROUTAN
Largest movements
- Tangible fixed assets -€13,670
down €13,670 (-29.1%), from €46,988 to €33,318
of which Furniture and vehicles: -€7,304
- Receivables within one year +€11,385
up €11,385 (+122.0%), from €9,329 to €20,714
- Stocks and contracts -€11,224
down €11,224 (-14.0%), from €79,986 to €68,763
- Cash +€10,239
up €10,239 (+41.9%), from €24,431 to €34,670
mainly Depreciation (+€13,670) and Net result for the year (+€12,119)
- Trade debts -€13,299
down €13,299 (-26.3%), from €50,635 to €37,335
- Reserves +€12,119
up €12,119 (+44.3%), from €27,381 to €39,501
of which Distributable reserves: +€12,119
- Tax, wage and social debts -€1,866
down €1,866 (-41.1%), from €4,545 to €2,678
of which Remuneration and social security: -€4,126
- Gross operating margin +€51,860
up €51,860 (+201.4%), from €25,746 to €77,606
- Staff costs +€18,271
up €18,271 (+65.1%), from €28,086 to €46,357
- Financial income -€7,609
down €7,609 (-86.9%), from €8,752 to €1,143
- Depreciation +€5,162
up €5,162 (+60.7%), from €8,508 to €13,670
- Taxes +€1,363
up €1,363 (+153.5%), from €888 to €2,252
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.
Cash bridge derived
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 | €168,264 | €164,514 | -€3,750 | -2.2% |
| Fixed assets | 21/28 | €52,167 | €38,497 | -€13,670 | -26.2% |
| Tangible fixed assets | 22/27 | €46,988 | €33,318 | -€13,670 | -29.1% |
| Plant, machinery and equipment | 23 | €12,803 | €6,437 | -€6,366 | -49.7% |
| Furniture and vehicles | 24 | €34,185 | €26,881 | -€7,304 | -21.4% |
| Financial fixed assets | 28 | €5,180 | €5,180 | = | 0.0% |
| Current assets | 29/58 | €116,097 | €126,017 | +€9,920 | +8.5% |
| Stocks and contracts in progress | 3 | €79,986 | €68,763 | -€11,224 | -14.0% |
| Stocks | 30/36 | €79,986 | €68,763 | -€11,224 | -14.0% |
| Amounts receivable within one year | 40/41 | €9,329 | €20,714 | +€11,385 | +122.0% |
| Other amounts receivable | 41 | €9,329 | €20,714 | +€11,385 | +122.0% |
| Cash at bank and in hand | 54/58 | €24,431 | €34,670 | +€10,239 | +41.9% |
| Deferred charges and accrued income | 490/1 | €2,351 | €1,871 | -€480 | -20.4% |
| Total equity and liabilities | 10/49 | €168,264 | €164,514 | -€3,750 | -2.2% |
| Equity | 10/15 | €112,381 | €124,501 | +€12,119 | +10.8% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Contributions outside capital | 11 | €85,000 | €85,000 | = | 0.0% |
| Other | 1109/19 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €27,381 | €39,501 | +€12,119 | +44.3% |
| Non-distributable reserves | 130/1 | €8,500 | €8,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,500 | €8,500 | = | 0.0% |
| Distributable reserves | 133 | €18,881 | €31,001 | +€12,119 | +64.2% |
| Amounts payable | 17/49 | €55,883 | €40,014 | -€15,869 | -28.4% |
| Amounts payable within one year | 42/48 | €55,883 | €40,014 | -€15,869 | -28.4% |
| Trade debts | 44 | €50,635 | €37,335 | -€13,299 | -26.3% |
| Suppliers | 440/4 | €50,635 | €37,335 | -€13,299 | -26.3% |
| Taxes, remuneration and social security | 45 | €4,545 | €2,678 | -€1,866 | -41.1% |
| Taxes | 450/3 | €419 | €2,678 | +€2,260 | +539.6% |
| Remuneration and social security | 454/9 | €4,126 | - | -€4,126 | |
| Other amounts payable | 47/48 | €704 | - | -€704 | |
| Remuneration, social security and pensions | 62 | €28,086 | €46,357 | +€18,271 | +65.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,508 | €13,670 | +€5,162 | +60.7% |
| Other operating charges | 640/8 | €1,536 | €2,027 | +€491 | +32.0% |
| Gross operating margin | 9900 | €25,746 | €77,606 | +€51,860 | +201.4% |
| Operating profit (loss) | 9901 | -€12,384 | €15,552 | +€27,936 | |
| Financial income | 75/76B | €8,752 | €1,143 | -€7,609 | -86.9% |
| Recurring financial income | 75 | €8,752 | €1,143 | -€7,609 | -86.9% |
| Financial charges | 65/66B | €2,129 | €2,324 | +€195 | +9.2% |
| Recurring financial charges | 65 | €2,129 | €2,324 | +€195 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,761 | €14,371 | +€20,132 | |
| Income taxes | 67/77 | €888 | €2,252 | +€1,363 | +153.5% |
| Profit (loss) for the period | 9904 | -€6,649 | €12,119 | +€18,768 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,649 | €12,119 | +€18,768 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.