ROWMARK EMEA: 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.
ROWMARK EMEA
Largest movements
- Receivables within one year -€254,974
down €254,974 (-36.3%), from €701,913 to €446,938
of which Trade receivables: -€279,952
- Stocks and contracts -€187,703
down €187,703 (-15.3%), from €1.2m to €1.0m
- Financial fixed assets +€166,087
up €166,087 (+4.0%), from €4.1m to €4.3m
- Cash -€128,887
down €128,887 (-22.8%), from €564,063 to €435,176
mainly Contributions, distributions and other (-€4.6m) and Tax, wage and social debts (-€245,228)
- Other debts +€4.6m
up €4.6m (+35809.8%), from €12,832 to €4.6m
- Profit (loss) carried forward -€4.5m
down €4.5m (-86.6%), from €5.2m to €698,542
- Tax, wage and social debts -€245,228
down €245,228 (-84.4%), from €290,453 to €45,226
of which Taxes: -€257,686
- Accrued charges and deferred income -€156,943
down €156,943 (-53.2%), from €295,199 to €138,255
- Trade debts -€82,763
down €82,763 (-23.1%), from €357,515 to €274,752
- Gross operating margin -€281,480
down €281,480 (-29.3%), from €959,812 to €678,332
- Financial charges +€225,733
up €225,733 (+642.3%), from €35,147 to €260,881
- Taxes -€148,588
down €148,588 (-74.8%), from €198,588 to €50,000
- Staff costs +€50,781
up €50,781 (+14.7%), from €345,738 to €396,519
- Financial income -€35,857
down €35,857 (-19.4%), from €184,986 to €149,129
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 | €6,637,405 | €6,244,138 | -€393,267 | -5.9% |
| Fixed assets | 21/28 | €4,144,036 | €4,305,296 | +€161,259 | +3.9% |
| Tangible fixed assets | 22/27 | €9,542 | €4,714 | -€4,827 | -50.6% |
| Plant, machinery and equipment | 23 | €9,542 | €4,714 | -€4,827 | -50.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €4,134,494 | €4,300,581 | +€166,087 | +4.0% |
| Current assets | 29/58 | €2,493,369 | €1,938,843 | -€554,526 | -22.2% |
| Amounts receivable after more than one year | 29 | €2,500 | €2,500 | = | 0.0% |
| Other amounts receivable | 291 | €2,500 | €2,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,224,893 | €1,037,190 | -€187,703 | -15.3% |
| Stocks | 30/36 | €1,224,893 | €1,037,190 | -€187,703 | -15.3% |
| Amounts receivable within one year | 40/41 | €701,913 | €446,938 | -€254,974 | -36.3% |
| Trade receivables | 40 | €692,824 | €412,873 | -€279,952 | -40.4% |
| Other amounts receivable | 41 | €9,088 | €34,066 | +€24,977 | +274.8% |
| Cash at bank and in hand | 54/58 | €564,063 | €435,176 | -€128,887 | -22.8% |
| Deferred charges and accrued income | 490/1 | €0 | €17,037 | +€17,037 | |
| Total equity and liabilities | 10/49 | €6,637,405 | €6,244,138 | -€393,267 | -5.9% |
| Equity | 10/15 | €5,681,406 | €1,177,956 | -€4.5m | -79.3% |
| Contributions | 10/11 | €296,196 | €296,196 | = | 0.0% |
| Reserves | 13 | €183,218 | €183,218 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,855 | €152,363 | +€121,509 | +393.8% |
| Reserves not available under the articles | 1311 | €30,855 | €152,363 | +€121,509 | +393.8% |
| Distributable reserves | 133 | €152,363 | €30,855 | -€121,509 | -79.7% |
| Profit (loss) carried forward | 14 | €5,201,992 | €698,542 | -€4.5m | -86.6% |
| Amounts payable | 17/49 | €955,999 | €5,066,182 | +€4.1m | +429.9% |
| Amounts payable within one year | 42/48 | €660,800 | €4,927,927 | +€4.3m | +645.8% |
| Trade debts | 44 | €357,515 | €274,752 | -€82,763 | -23.1% |
| Suppliers | 440/4 | €357,515 | €274,752 | -€82,763 | -23.1% |
| Taxes, remuneration and social security | 45 | €290,453 | €45,226 | -€245,228 | -84.4% |
| Taxes | 450/3 | €258,271 | €585 | -€257,686 | -99.8% |
| Remuneration and social security | 454/9 | €32,183 | €44,641 | +€12,458 | +38.7% |
| Other amounts payable | 47/48 | €12,832 | €4,607,949 | +€4.6m | +35809.8% |
| Accrued charges and deferred income | 492/3 | €295,199 | €138,255 | -€156,943 | -53.2% |
| Remuneration, social security and pensions | 62 | €345,738 | €396,519 | +€50,781 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,442 | €4,827 | -€2,615 | -35.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €126 | €25 | -€101 | -80.0% |
| Other operating charges | 640/8 | €17,769 | €10,710 | -€7,059 | -39.7% |
| Gross operating margin | 9900 | €959,812 | €678,332 | -€281,480 | -29.3% |
| Operating profit (loss) | 9901 | €588,736 | €266,251 | -€322,486 | -54.8% |
| Financial income | 75/76B | €184,986 | €149,129 | -€35,857 | -19.4% |
| Recurring financial income | 75 | €184,986 | €149,129 | -€35,857 | -19.4% |
| Financial charges | 65/66B | €35,147 | €260,881 | +€225,733 | +642.3% |
| Recurring financial charges | 65 | €35,147 | €260,881 | +€225,733 | +642.3% |
| Profit (loss) for the period before taxes | 9903 | €738,575 | €154,499 | -€584,076 | -79.1% |
| Income taxes | 67/77 | €198,588 | €50,000 | -€148,588 | -74.8% |
| Profit (loss) for the period | 9904 | €539,987 | €104,499 | -€435,488 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €539,987 | €104,499 | -€435,488 | -80.6% |
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 8 October 2026 via checked.be.