Rowl: 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.
Rowl
Largest movements
- Cash +€25,552
up €25,552 (+47.9%), from €53,382 to €78,934
mainly Net result for the year (+€56,574) and Receivables within one year (+€7,794)
- Receivables within one year -€7,794
down €7,794 (-30.7%), from €25,351 to €17,557
of which Trade receivables: -€7,469
- Tangible fixed assets +€1,059
up €1,059 (+45.4%), from €2,335 to €3,394
of which Land and buildings: +€1,025
- Reserves +€16,574
up €16,574 (+34.3%), from €48,324 to €64,898
- Other debts +€3,453
up €3,453 (+22.8%), from €15,117 to €18,571
- Tax, wage and social debts -€2,739
down €2,739 (-61.3%), from €4,466 to €1,727
- Trade debts +€1,078
up €1,078 (+154.3%), from €698 to €1,776
- Gross operating margin +€12,624
up €12,624 (+19.9%), from €63,297 to €75,921
- Taxes +€2,599
up €2,599 (+20.4%), from €12,721 to €15,320
- Financial charges +€893
up €893 (+89.5%), from €998 to €1,891
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 | €81,714 | €100,548 | +€18,835 | +23.0% |
| Fixed assets | 21/28 | €2,335 | €3,394 | +€1,059 | +45.4% |
| Tangible fixed assets | 22/27 | €2,335 | €3,394 | +€1,059 | +45.4% |
| Land and buildings | 22 | - | €1,025 | +€1,025 | |
| Furniture and vehicles | 24 | €2,335 | €2,369 | +€34 | +1.5% |
| Current assets | 29/58 | €79,379 | €97,155 | +€17,776 | +22.4% |
| Amounts receivable within one year | 40/41 | €25,351 | €17,557 | -€7,794 | -30.7% |
| Trade receivables | 40 | €25,015 | €17,546 | -€7,469 | -29.9% |
| Other amounts receivable | 41 | €336 | €11 | -€325 | -96.9% |
| Cash at bank and in hand | 54/58 | €53,382 | €78,934 | +€25,552 | +47.9% |
| Deferred charges and accrued income | 490/1 | €646 | €664 | +€18 | +2.7% |
| Total equity and liabilities | 10/49 | €81,714 | €100,548 | +€18,835 | +23.0% |
| Equity | 10/15 | €60,824 | €77,398 | +€16,574 | +27.2% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €48,324 | €64,898 | +€16,574 | +34.3% |
| Distributable reserves | 133 | €48,324 | €64,898 | +€16,574 | +34.3% |
| Amounts payable | 17/49 | €20,889 | €23,151 | +€2,261 | +10.8% |
| Amounts payable within one year | 42/48 | €20,281 | €22,074 | +€1,792 | +8.8% |
| Trade debts | 44 | €698 | €1,776 | +€1,078 | +154.3% |
| Suppliers | 440/4 | €698 | €1,776 | +€1,078 | +154.3% |
| Taxes, remuneration and social security | 45 | €4,466 | €1,727 | -€2,739 | -61.3% |
| Taxes | 450/3 | €4,466 | €1,727 | -€2,739 | -61.3% |
| Other amounts payable | 47/48 | €15,117 | €18,571 | +€3,453 | +22.8% |
| Accrued charges and deferred income | 492/3 | €608 | €1,077 | +€469 | +77.0% |
| Non-recurring operating income | 76A | - | €16,505 | +€16,505 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,197 | €1,331 | +€134 | +11.2% |
| Other operating charges | 640/8 | €711 | €807 | +€96 | +13.5% |
| Gross operating margin | 9900 | €63,297 | €75,921 | +€12,624 | +19.9% |
| Operating profit (loss) | 9901 | €61,390 | €73,784 | +€12,394 | +20.2% |
| Financial income | 75/76B | €0 | €1 | +€1 | +8900.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +8900.0% |
| Financial charges | 65/66B | €998 | €1,891 | +€893 | +89.5% |
| Recurring financial charges | 65 | €998 | €1,891 | +€893 | +89.5% |
| Profit (loss) for the period before taxes | 9903 | €60,392 | €71,894 | +€11,502 | +19.0% |
| Income taxes | 67/77 | €12,721 | €15,320 | +€2,599 | +20.4% |
| Profit (loss) for the period | 9904 | €47,671 | €56,574 | +€8,902 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €47,671 | €56,574 | +€8,902 | +18.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.