ROUTH: what changed
Two fiscal 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.
ROUTH
Largest movements
- Tangible fixed assets -€17,695
down €17,695 (-22.1%), from €80,228 to €62,533
of which Furniture and vehicles: -€16,866
- Cash -€3,957
down €3,957 (-4.8%), from €82,869 to €78,912
mainly Tax, wage and social debts (-€13,984) and Debts after one year (-€13,673)
- Receivables within one year +€1,712
up €1,712 (+188.2%), from €909 to €2,621
of which Other amounts receivable: +€1,712
- Tax, wage and social debts -€13,984
down €13,984 (-60.5%), from €23,116 to €9,132
of which Taxes: -€17,484
- Reserves +€13,853
up €13,853 (+27.9%), from €49,721 to €63,575
- Debts after one year -€13,673
down €13,673 (-27.0%), from €50,575 to €36,902
- Trade debts -€6,578
down €6,578 (-69.8%), from €9,422 to €2,844
- Gross operating margin +€8,311
up €8,311 (+23.4%), from €35,457 to €43,768
- Depreciation +€7,691
up €7,691 (+62.7%), from €12,257 to €19,947
- Taxes +€977
up €977 (+20.2%), from €4,827 to €5,804
- Financial charges +€656
up €656 (+31.9%), from €2,057 to €2,713
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €166,673 | €146,875 | -€19,799 | -11.9% |
| Fixed assets | 21/28 | €80,228 | €62,533 | -€17,695 | -22.1% |
| Tangible fixed assets | 22/27 | €80,228 | €62,533 | -€17,695 | -22.1% |
| Plant, machinery and equipment | 23 | €6,485 | €5,656 | -€829 | -12.8% |
| Furniture and vehicles | 24 | €73,743 | €56,877 | -€16,866 | -22.9% |
| Current assets | 29/58 | €86,445 | €84,341 | -€2,104 | -2.4% |
| Amounts receivable within one year | 40/41 | €909 | €2,621 | +€1,712 | +188.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €909 | €2,621 | +€1,712 | +188.2% |
| Cash at bank and in hand | 54/58 | €82,869 | €78,912 | -€3,957 | -4.8% |
| Deferred charges and accrued income | 490/1 | €2,667 | €2,807 | +€141 | +5.3% |
| Total equity and liabilities | 10/49 | €166,673 | €146,875 | -€19,799 | -11.9% |
| Equity | 10/15 | €70,471 | €84,324 | +€13,853 | +19.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €49,721 | €63,575 | +€13,853 | +27.9% |
| Distributable reserves | 133 | €49,721 | €63,575 | +€13,853 | +27.9% |
| Profit (loss) carried forward | 14 | €15,749 | €15,749 | = | 0.0% |
| Amounts payable | 17/49 | €96,203 | €62,551 | -€33,652 | -35.0% |
| Amounts payable after more than one year | 17 | €50,575 | €36,902 | -€13,673 | -27.0% |
| Financial debts | 170/4 | €50,575 | €36,902 | -€13,673 | -27.0% |
| Amounts payable within one year | 42/48 | €45,628 | €25,649 | -€19,979 | -43.8% |
| Current portion of amounts payable after more than one year | 42 | €13,090 | €13,673 | +€582 | +4.4% |
| Trade debts | 44 | €9,422 | €2,844 | -€6,578 | -69.8% |
| Suppliers | 440/4 | €9,422 | €2,844 | -€6,578 | -69.8% |
| Taxes, remuneration and social security | 45 | €23,116 | €9,132 | -€13,984 | -60.5% |
| Taxes | 450/3 | €23,116 | €5,632 | -€17,484 | -75.6% |
| Remuneration and social security | 454/9 | - | €3,500 | +€3,500 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,257 | €19,947 | +€7,691 | +62.7% |
| Other operating charges | 640/8 | €591 | €603 | +€12 | +2.0% |
| Non-recurring operating charges | 66A | - | €956 | +€956 | |
| Gross operating margin | 9900 | €35,457 | €43,768 | +€8,311 | +23.4% |
| Operating profit (loss) | 9901 | €22,609 | €22,262 | -€347 | -1.5% |
| Financial income | 75/76B | €24 | €108 | +€84 | +348.8% |
| Recurring financial income | 75 | €24 | €108 | +€84 | +348.8% |
| Financial charges | 65/66B | €2,057 | €2,713 | +€656 | +31.9% |
| Recurring financial charges | 65 | €2,057 | €2,713 | +€656 | +31.9% |
| Profit (loss) for the period before taxes | 9903 | €20,577 | €19,657 | -€919 | -4.5% |
| Income taxes | 67/77 | €4,827 | €5,804 | +€977 | +20.2% |
| Profit (loss) for the period | 9904 | €15,749 | €13,853 | -€1,896 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,749 | €13,853 | -€1,896 | -12.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.