ROUX MANAGEMENT: 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.
ROUX MANAGEMENT
Largest movements
- Cash +€38,853
up €38,853 (+49.8%), from €78,056 to €116,909
mainly Net result for the year (+€45,914) and Depreciation (+€8,152)
- Tangible fixed assets -€8,152
down €8,152 (-7.0%), from €115,655 to €107,503
- Reserves +€45,914
up €45,914 (+29.1%), from €157,531 to €203,445
- Debts after one year -€14,665
down €14,665 (-49.3%), from €29,757 to €15,092
- Gross operating margin +€11,194
up €11,194 (+16.5%), from €67,862 to €79,056
- Taxes +€3,094
up €3,094 (+21.9%), from €14,123 to €17,216
- Other operating charges +€947
up €947 (+345.9%), from €274 to €1,220
- Financial charges -€909
down €909 (-11.9%), from €7,661 to €6,753
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €520,233 | €553,230 | +€32,996 | +6.3% |
| Fixed assets | 21/28 | €425,002 | €416,849 | -€8,152 | -1.9% |
| Tangible fixed assets | 22/27 | €115,655 | €107,503 | -€8,152 | -7.0% |
| Land and buildings | 22 | €115,655 | €107,503 | -€8,152 | -7.0% |
| Financial fixed assets | 28 | €309,346 | €309,346 | = | 0.0% |
| Current assets | 29/58 | €95,232 | €136,381 | +€41,149 | +43.2% |
| Amounts receivable within one year | 40/41 | €16,335 | €17,147 | +€812 | +5.0% |
| Trade receivables | 40 | €16,335 | €16,335 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €812 | +€812 | |
| Cash at bank and in hand | 54/58 | €78,056 | €116,909 | +€38,853 | +49.8% |
| Deferred charges and accrued income | 490/1 | €840 | €2,325 | +€1,484 | +176.6% |
| Total equity and liabilities | 10/49 | €520,233 | €553,230 | +€32,996 | +6.3% |
| Equity | 10/15 | €277,531 | €323,445 | +€45,914 | +16.5% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €157,531 | €203,445 | +€45,914 | +29.1% |
| Distributable reserves | 133 | €157,531 | €203,445 | +€45,914 | +29.1% |
| Amounts payable | 17/49 | €242,703 | €229,785 | -€12,918 | -5.3% |
| Amounts payable after more than one year | 17 | €29,757 | €15,092 | -€14,665 | -49.3% |
| Financial debts | 170/4 | €29,757 | €15,092 | -€14,665 | -49.3% |
| Amounts payable within one year | 42/48 | €207,410 | €209,545 | +€2,134 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €14,249 | €14,665 | +€416 | +2.9% |
| Trade debts | 44 | €2,136 | €306 | -€1,830 | -85.7% |
| Suppliers | 440/4 | €2,136 | €306 | -€1,830 | -85.7% |
| Taxes, remuneration and social security | 45 | €14,521 | €14,480 | -€41 | -0.3% |
| Taxes | 450/3 | €10,271 | €10,230 | -€41 | -0.4% |
| Remuneration and social security | 454/9 | €4,250 | €4,250 | = | 0.0% |
| Other amounts payable | 47/48 | €176,505 | €180,094 | +€3,589 | +2.0% |
| Accrued charges and deferred income | 492/3 | €5,535 | €5,148 | -€388 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,152 | €8,152 | = | 0.0% |
| Other operating charges | 640/8 | €274 | €1,220 | +€947 | +345.9% |
| Gross operating margin | 9900 | €67,862 | €79,056 | +€11,194 | +16.5% |
| Operating profit (loss) | 9901 | €59,436 | €69,683 | +€10,247 | +17.2% |
| Financial income | 75/76B | €5 | €200 | +€196 | +4047.6% |
| Recurring financial income | 75 | €5 | €200 | +€196 | +4047.6% |
| Financial charges | 65/66B | €7,661 | €6,753 | -€909 | -11.9% |
| Recurring financial charges | 65 | €7,661 | €6,753 | -€909 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €51,779 | €63,131 | +€11,352 | +21.9% |
| Income taxes | 67/77 | €14,123 | €17,216 | +€3,094 | +21.9% |
| Profit (loss) for the period | 9904 | €37,656 | €45,914 | +€8,258 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,656 | €45,914 | +€8,258 | +21.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.