ROXELLE: 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.
ROXELLE
Largest movements
- Cash +€181,916
up €181,916 (+470%), from €38,674 to €220,590
mainly Net result for the year (+€171,484) and Receivables within one year (+€155,411)
- Receivables within one year -€155,411
down €155,411 (-99.9%), from €155,514 to €103
of which Trade receivables: -€155,505
- Current investments +€50,000
new in 2025: €50,000
- Tangible fixed assets -€18,002
down €18,002 (-3.9%), from €465,775 to €447,774
- Reserves +€153,084
up €153,084 (+78.3%), from €195,510 to €348,594
- Debts after one year -€117,630
down €117,630 (-23.6%), from €497,384 to €379,753
- Other debts +€17,635
up €17,635 (+6.8%), from €260,141 to €277,776
- Accrued charges and deferred income +€11,826
up €11,826 (+264%), from €4,478 to €16,305
- Gross operating margin +€38,361
up €38,361 (+18.4%), from €208,297 to €246,658
- Taxes +€6,528
up €6,528 (+16.5%), from €39,681 to €46,209
- Depreciation -€2,639
down €2,639 (-12.8%), from €20,641 to €18,002
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.
Derived cash bridge
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 | €1,080,772 | €1,139,268 | +€58,496 | +5.4% |
| Fixed assets | 21/28 | €884,657 | €866,656 | -€18,002 | -2.0% |
| Tangible fixed assets | 22/27 | €465,775 | €447,774 | -€18,002 | -3.9% |
| Land and buildings | 22 | €465,775 | €447,774 | -€18,002 | -3.9% |
| Financial fixed assets | 28 | €418,882 | €418,882 | = | 0.0% |
| Current assets | 29/58 | €196,114 | €272,612 | +€76,498 | +39.0% |
| Amounts receivable within one year | 40/41 | €155,514 | €103 | -€155,411 | -99.9% |
| Trade receivables | 40 | €155,505 | - | -€155,505 | |
| Other amounts receivable | 41 | €9 | €103 | +€94 | +1,088% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €38,674 | €220,590 | +€181,916 | +470% |
| Deferred charges and accrued income | 490/1 | €1,926 | €1,919 | -€7 | -0.4% |
| Total equity and liabilities | 10/49 | €1,080,772 | €1,139,268 | +€58,496 | +5.4% |
| Equity | 10/15 | €214,110 | €367,194 | +€153,084 | +71.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €195,510 | €348,594 | +€153,084 | +78.3% |
| Distributable reserves | 133 | €195,510 | €348,594 | +€153,084 | +78.3% |
| Amounts payable | 17/49 | €866,662 | €772,074 | -€94,588 | -10.9% |
| Amounts payable after more than one year | 17 | €497,384 | €379,753 | -€117,630 | -23.6% |
| Financial debts | 170/4 | €497,384 | €379,753 | -€117,630 | -23.6% |
| Amounts payable within one year | 42/48 | €364,800 | €376,016 | +€11,216 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €42,308 | €42,630 | +€322 | +0.8% |
| Trade debts | 44 | €273 | - | -€273 | |
| Suppliers | 440/4 | €273 | - | -€273 | |
| Taxes, remuneration and social security | 45 | €62,077 | €55,610 | -€6,467 | -10.4% |
| Taxes | 450/3 | €49,261 | €55,610 | +€6,349 | +12.9% |
| Remuneration and social security | 454/9 | €12,817 | - | -€12,817 | |
| Other amounts payable | 47/48 | €260,141 | €277,776 | +€17,635 | +6.8% |
| Accrued charges and deferred income | 492/3 | €4,478 | €16,305 | +€11,826 | +264% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,641 | €18,002 | -€2,639 | -12.8% |
| Other operating charges | 640/8 | €1,292 | €2,598 | +€1,306 | +101% |
| Gross operating margin | 9900 | €208,297 | €246,658 | +€38,361 | +18.4% |
| Operating profit (loss) | 9901 | €186,364 | €226,058 | +€39,694 | +21.3% |
| Financial income | 75/76B | - | €44 | +€44 | |
| Recurring financial income | 75 | - | €44 | +€44 | |
| Financial charges | 65/66B | €8,653 | €8,408 | -€245 | -2.8% |
| Recurring financial charges | 65 | €8,653 | €8,408 | -€245 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €177,711 | €217,693 | +€39,983 | +22.5% |
| Income taxes | 67/77 | €39,681 | €46,209 | +€6,528 | +16.5% |
| Profit (loss) for the period | 9904 | €138,029 | €171,484 | +€33,455 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €138,029 | €171,484 | +€33,455 | +24.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.