ROWIL: 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.
ROWIL
Largest movements
- Tangible fixed assets -€303,538
down €303,538 (-14.3%), from €2.1m to €1.8m
of which Leasing and similar rights: -€281,696
- Receivables within one year +€225,692
up €225,692 (+28.5%), from €791,723 to €1.0m
of which Trade receivables: +€225,755
- Cash +€84,232
up €84,232 (+246.7%), from €34,142 to €118,373
mainly Depreciation (+€354,071) and Net result for the year (+€294,083)
- Profit (loss) carried forward +€294,083
up €294,083 (+58.7%), from -€500,945 to -€206,862
- Debts after one year -€215,366
down €215,366 (-10.9%), from €2.0m to €1.8m
- Tax, wage and social debts +€130,637
up €130,637 (+84.2%), from €155,144 to €285,780
of which Taxes: +€106,907
- Current portion of long-term debt -€129,415
down €129,415 (-36.4%), from €355,296 to €225,880
- Trade debts -€85,288
down €85,288 (-21.9%), from €389,628 to €304,341
- Gross operating margin +€419,048
up €419,048 (+33.1%), from €1.3m to €1.7m
- Staff costs +€165,631
up €165,631 (+21.1%), from €783,799 to €949,431
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 | €3,440,562 | €3,444,970 | +€4,408 | +0.1% |
| Fixed assets | 21/28 | €2,131,174 | €1,831,875 | -€299,299 | -14.0% |
| Intangible fixed assets | 21 | €6,579 | €10,818 | +€4,239 | +64.4% |
| Tangible fixed assets | 22/27 | €2,124,596 | €1,821,058 | -€303,538 | -14.3% |
| Land and buildings | 22 | €246,114 | €379,494 | +€133,380 | +54.2% |
| Plant, machinery and equipment | 23 | €52,093 | €47,848 | -€4,245 | -8.1% |
| Furniture and vehicles | 24 | €14,896 | €9,406 | -€5,491 | -36.9% |
| Leasing and similar rights | 25 | €1,666,005 | €1,384,310 | -€281,696 | -16.9% |
| Assets under construction and advance payments | 27 | €145,488 | €0 | -€145,488 | -100.0% |
| Current assets | 29/58 | €1,309,387 | €1,613,095 | +€303,708 | +23.2% |
| Stocks and contracts in progress | 3 | €439,161 | €435,666 | -€3,495 | -0.8% |
| Stocks | 30/36 | €439,161 | €435,666 | -€3,495 | -0.8% |
| Amounts receivable within one year | 40/41 | €791,723 | €1,017,415 | +€225,692 | +28.5% |
| Trade receivables | 40 | €791,557 | €1,017,312 | +€225,755 | +28.5% |
| Other amounts receivable | 41 | €166 | €103 | -€63 | -37.7% |
| Cash at bank and in hand | 54/58 | €34,142 | €118,373 | +€84,232 | +246.7% |
| Deferred charges and accrued income | 490/1 | €44,362 | €41,640 | -€2,721 | -6.1% |
| Total equity and liabilities | 10/49 | €3,440,562 | €3,444,970 | +€4,408 | +0.1% |
| Equity | 10/15 | €510,292 | €804,375 | +€294,083 | +57.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €949,238 | €949,238 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €943,038 | €943,038 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€500,945 | -€206,862 | +€294,083 | +58.7% |
| Amounts payable | 17/49 | €2,930,270 | €2,640,595 | -€289,675 | -9.9% |
| Amounts payable after more than one year | 17 | €1,975,133 | €1,759,767 | -€215,366 | -10.9% |
| Financial debts | 170/4 | €1,975,133 | €1,759,767 | -€215,366 | -10.9% |
| Amounts payable within one year | 42/48 | €955,136 | €880,828 | -€74,309 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €355,296 | €225,880 | -€129,415 | -36.4% |
| Financial debts | 43 | €55,069 | €64,826 | +€9,758 | +17.7% |
| Credit institutions | 430/8 | €55,069 | €64,826 | +€9,758 | +17.7% |
| Trade debts | 44 | €389,628 | €304,341 | -€85,288 | -21.9% |
| Suppliers | 440/4 | €389,628 | €304,341 | -€85,288 | -21.9% |
| Taxes, remuneration and social security | 45 | €155,144 | €285,780 | +€130,637 | +84.2% |
| Taxes | 450/3 | €57,634 | €164,541 | +€106,907 | +185.5% |
| Remuneration and social security | 454/9 | €97,510 | €121,240 | +€23,730 | +24.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €783,799 | €949,431 | +€165,631 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €369,828 | €354,071 | -€15,757 | -4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,517 | €0 | -€1,517 | -100.0% |
| Other operating charges | 640/8 | €20,854 | €21,393 | +€539 | +2.6% |
| Non-recurring operating charges | 66A | - | €6,748 | +€6,748 | |
| Gross operating margin | 9900 | €1,267,463 | €1,686,511 | +€419,048 | +33.1% |
| Operating profit (loss) | 9901 | €91,465 | €354,869 | +€263,405 | +288.0% |
| Financial income | 75/76B | €278 | €1,132 | +€854 | +307.5% |
| Recurring financial income | 75 | €278 | €1,132 | +€854 | +307.5% |
| Financial charges | 65/66B | €62,311 | €61,521 | -€789 | -1.3% |
| Recurring financial charges | 65 | €62,311 | €61,521 | -€789 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €29,431 | €294,480 | +€265,048 | +900.6% |
| Income taxes | 67/77 | €408 | €397 | -€11 | -2.6% |
| Profit (loss) for the period | 9904 | €29,024 | €294,083 | +€265,059 | +913.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,024 | €294,083 | +€265,059 | +913.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.