ROYAL ASIA: what changed
ROYAL ASIA
Largest movements
- Receivables within one year +€20,523
up €20,523 (+219%), from €9,352 to €29,875
- Tangible fixed assets -€9,650
down €9,650 (-17.6%), from €54,875 to €45,225
of which Furniture and vehicles: -€5,935
- Profit (loss) carried forward +€68,897
up €68,897, from -€946 to €67,951
- Trade debts -€51,319
no longer reported in 2025 (was €51,319)
- Other debts -€10,743
down €10,743 (-52.9%), from €20,299 to €9,556
- Tax, wage and social debts +€4,038
new in 2025: €4,038
- Gross operating margin +€98,487
up €98,487 (+144%), from €68,284 to €166,771
- Staff costs +€91,998
up €91,998 (+129%), from €71,503 to €163,501
Change in the result, 2023 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,672 | €81,545 | +€10,873 | +15.4% |
| Fixed assets | 21/28 | €58,625 | €48,975 | -€9,650 | -16.5% |
| Tangible fixed assets | 22/27 | €54,875 | €45,225 | -€9,650 | -17.6% |
| Land and buildings | 22 | €2,850 | €2,850 | = | 0.0% |
| Plant, machinery and equipment | 23 | €22,350 | €18,635 | -€3,715 | -16.6% |
| Furniture and vehicles | 24 | €29,675 | €23,740 | -€5,935 | -20.0% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €12,047 | €32,570 | +€20,523 | +170% |
| Amounts receivable within one year | 40/41 | €9,352 | €29,875 | +€20,523 | +219% |
| Trade receivables | 40 | €9,352 | €29,875 | +€20,523 | +219% |
| Cash at bank and in hand | 54/58 | €2,695 | €2,695 | = | 0.0% |
| Total equity and liabilities | 10/49 | €70,672 | €81,545 | +€10,873 | +15.4% |
| Equity | 10/15 | -€946 | €67,951 | +€68,897 | |
| Profit (loss) carried forward | 14 | -€946 | €67,951 | +€68,897 | |
| Amounts payable | 17/49 | €71,618 | €13,594 | -€58,024 | -81.0% |
| Amounts payable within one year | 42/48 | €71,618 | €13,594 | -€58,024 | -81.0% |
| Trade debts | 44 | €51,319 | - | -€51,319 | |
| Suppliers | 440/4 | €51,319 | - | -€51,319 | |
| Taxes, remuneration and social security | 45 | - | €4,038 | +€4,038 | |
| Taxes | 450/3 | - | €4,038 | +€4,038 | |
| Other amounts payable | 47/48 | €20,299 | €9,556 | -€10,743 | -52.9% |
| Remuneration, social security and pensions | 62 | €71,503 | €163,501 | +€91,998 | +129% |
| Other operating charges | 640/8 | €1,246 | €428 | -€818 | -65.7% |
| Gross operating margin | 9900 | €68,284 | €166,771 | +€98,487 | +144% |
| Operating profit (loss) | 9901 | -€4,465 | €2,842 | +€7,307 | |
| Profit (loss) for the period before taxes | 9903 | -€4,465 | €2,842 | +€7,307 | |
| Profit (loss) for the period | 9904 | -€4,465 | €2,842 | +€7,307 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,465 | €2,842 | +€7,307 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.