ROY -ANN-CLEAN: 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.
ROY -ANN-CLEAN
Largest movements
- Tangible fixed assets +€367,087
up €367,087 (+1002.1%), from €36,633 to €403,720
of which Land and buildings: +€184,686
- Receivables within one year +€72,811
up €72,811 (+12.2%), from €595,667 to €668,478
of which Trade receivables: +€61,344
- Cash -€50,805
down €50,805 (-67.1%), from €75,670 to €24,865
mainly Investment in fixed assets (net) (-€418,119) and Receivables within one year (-€72,811)
- Debts after one year +€292,458
up €292,458 (+2046.7%), from €14,289 to €306,747
- Reserves +€35,000
up €35,000 (+15.4%), from €226,860 to €261,860
of which Distributable reserves: +€36,860
- Current portion of long-term debt +€30,644
up €30,644 (+122.1%), from €25,104 to €55,748
- Trade debts +€15,638
up €15,638 (+15.8%), from €99,089 to €114,727
- Short-term financial debts +€11,545
new in 2024: €11,545
- Staff costs -€40,429
down €40,429 (-26.2%), from €154,496 to €114,067
- Other operating charges +€21,547
up €21,547 (+328.4%), from €6,562 to €28,109
- Financial charges +€8,156
up €8,156 (+108.9%), from €7,490 to €15,646
- Depreciation +€7,325
up €7,325 (+16.8%), from €43,707 to €51,032
- Gross operating margin +€7,020
up €7,020 (+2.7%), from €260,912 to €267,932
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €712,833 | €1,105,420 | +€392,587 | +55.1% |
| Fixed assets | 21/28 | €36,775 | €403,862 | +€367,087 | +998.2% |
| Tangible fixed assets | 22/27 | €36,633 | €403,720 | +€367,087 | +1002.1% |
| Land and buildings | 22 | €450 | €185,136 | +€184,686 | +41041.3% |
| Plant, machinery and equipment | 23 | €6,158 | €8,010 | +€1,852 | +30.1% |
| Furniture and vehicles | 24 | €30,025 | €209,840 | +€179,815 | +598.9% |
| Other tangible fixed assets | 26 | - | €734 | +€734 | |
| Financial fixed assets | 28 | €142 | €142 | = | 0.0% |
| Current assets | 29/58 | €676,058 | €701,558 | +€25,500 | +3.8% |
| Amounts receivable within one year | 40/41 | €595,667 | €668,478 | +€72,811 | +12.2% |
| Trade receivables | 40 | €327,167 | €388,511 | +€61,344 | +18.8% |
| Other amounts receivable | 41 | €268,500 | €279,967 | +€11,467 | +4.3% |
| Cash at bank and in hand | 54/58 | €75,670 | €24,865 | -€50,805 | -67.1% |
| Deferred charges and accrued income | 490/1 | €4,721 | €8,215 | +€3,494 | +74.0% |
| Total equity and liabilities | 10/49 | €712,833 | €1,105,420 | +€392,587 | +55.1% |
| Equity | 10/15 | €527,055 | €571,680 | +€44,625 | +8.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €226,860 | €261,860 | +€35,000 | +15.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €225,000 | €261,860 | +€36,860 | +16.4% |
| Profit (loss) carried forward | 14 | €287,795 | €297,420 | +€9,625 | +3.3% |
| Amounts payable | 17/49 | €185,778 | €533,740 | +€347,962 | +187.3% |
| Amounts payable after more than one year | 17 | €14,289 | €306,747 | +€292,458 | +2046.7% |
| Financial debts | 170/4 | €14,289 | €306,747 | +€292,458 | +2046.7% |
| Amounts payable within one year | 42/48 | €171,489 | €221,576 | +€50,087 | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €25,104 | €55,748 | +€30,644 | +122.1% |
| Financial debts | 43 | - | €11,545 | +€11,545 | |
| Other loans | 439 | - | €11,545 | +€11,545 | |
| Trade debts | 44 | €99,089 | €114,727 | +€15,638 | +15.8% |
| Suppliers | 440/4 | €99,089 | €114,727 | +€15,638 | +15.8% |
| Taxes, remuneration and social security | 45 | €47,296 | €39,556 | -€7,740 | -16.4% |
| Taxes | 450/3 | €45,711 | €34,816 | -€10,895 | -23.8% |
| Remuneration and social security | 454/9 | €1,585 | €4,740 | +€3,155 | +199.1% |
| Accrued charges and deferred income | 492/3 | - | €5,417 | +€5,417 | |
| Non-recurring operating income | 76A | - | €44,733 | +€44,733 | |
| Remuneration, social security and pensions | 62 | €154,496 | €114,067 | -€40,429 | -26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,707 | €51,032 | +€7,325 | +16.8% |
| Other operating charges | 640/8 | €6,562 | €28,109 | +€21,547 | +328.4% |
| Non-recurring operating charges | 66A | - | €1,453 | +€1,453 | |
| Gross operating margin | 9900 | €260,912 | €267,932 | +€7,020 | +2.7% |
| Operating profit (loss) | 9901 | €56,147 | €73,271 | +€17,124 | +30.5% |
| Financial income | 75/76B | €533 | €2,010 | +€1,477 | +277.1% |
| Recurring financial income | 75 | €533 | €2,010 | +€1,477 | +277.1% |
| Financial charges | 65/66B | €7,490 | €15,646 | +€8,156 | +108.9% |
| Recurring financial charges | 65 | €7,490 | €15,646 | +€8,156 | +108.9% |
| Profit (loss) for the period before taxes | 9903 | €49,190 | €59,635 | +€10,445 | +21.2% |
| Income taxes | 67/77 | €19,832 | €15,010 | -€4,822 | -24.3% |
| Profit (loss) for the period | 9904 | €29,358 | €44,625 | +€15,267 | +52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,358 | €44,625 | +€15,267 | +52.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.