ROYAL BISCUITS: 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.
ROYAL BISCUITS
Largest movements
- Receivables within one year +€117,862
up €117,862 (+57.1%), from €206,588 to €324,450
of which Trade receivables: +€142,939
- Cash +€55,804
up €55,804 (+21.5%), from €259,733 to €315,536
mainly Trade debts (+€64,966) and Net result for the year (+€56,424)
- Stocks and contracts -€50,986
down €50,986 (-6.9%), from €738,082 to €687,097
- Trade debts +€64,966
up €64,966 (+9.6%), from €673,237 to €738,203
- Reserves +€56,424
up €56,424 (+12.7%), from €443,227 to €499,651
- Tax, wage and social debts +€14,146
up €14,146 (+19.3%), from €73,262 to €87,408
of which Taxes: +€15,433
- Gross operating margin -€66,223
down €66,223 (-10.2%), from €649,427 to €583,204
- Staff costs -€44,553
down €44,553 (-8.4%), from €529,434 to €484,881
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 | €1,242,725 | €1,378,014 | +€135,288 | +10.9% |
| Fixed assets | 21/28 | €5,618 | €12,231 | +€6,613 | +118% |
| Tangible fixed assets | 22/27 | €3,368 | €9,981 | +€6,613 | +196% |
| Plant, machinery and equipment | 23 | €0 | €4,692 | +€4,692 | |
| Furniture and vehicles | 24 | €3,368 | €5,289 | +€1,921 | +57.0% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €1,237,107 | €1,365,782 | +€128,675 | +10.4% |
| Stocks and contracts in progress | 3 | €738,082 | €687,097 | -€50,986 | -6.9% |
| Stocks | 30/36 | €738,082 | €687,097 | -€50,986 | -6.9% |
| Amounts receivable within one year | 40/41 | €206,588 | €324,450 | +€117,862 | +57.1% |
| Trade receivables | 40 | €156,539 | €299,479 | +€142,939 | +91.3% |
| Other amounts receivable | 41 | €50,049 | €24,971 | -€25,078 | -50.1% |
| Cash at bank and in hand | 54/58 | €259,733 | €315,536 | +€55,804 | +21.5% |
| Deferred charges and accrued income | 490/1 | €32,704 | €38,699 | +€5,995 | +18.3% |
| Total equity and liabilities | 10/49 | €1,242,725 | €1,378,014 | +€135,288 | +10.9% |
| Equity | 10/15 | €481,543 | €537,967 | +€56,424 | +11.7% |
| Contributions | 10/11 | €38,316 | €38,316 | = | 0.0% |
| Reserves | 13 | €443,227 | €499,651 | +€56,424 | +12.7% |
| Distributable reserves | 133 | €443,227 | €499,651 | +€56,424 | +12.7% |
| Amounts payable | 17/49 | €761,182 | €840,047 | +€78,864 | +10.4% |
| Amounts payable within one year | 42/48 | €761,182 | €840,047 | +€78,864 | +10.4% |
| Trade debts | 44 | €673,237 | €738,203 | +€64,966 | +9.6% |
| Suppliers | 440/4 | €673,237 | €738,203 | +€64,966 | +9.6% |
| Taxes, remuneration and social security | 45 | €73,262 | €87,408 | +€14,146 | +19.3% |
| Taxes | 450/3 | €6,986 | €22,419 | +€15,433 | +221% |
| Remuneration and social security | 454/9 | €66,276 | €64,988 | -€1,287 | -1.9% |
| Other amounts payable | 47/48 | €14,683 | €14,436 | -€247 | -1.7% |
| Remuneration, social security and pensions | 62 | €529,434 | €484,881 | -€44,553 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,927 | €1,584 | -€343 | -17.8% |
| Other operating charges | 640/8 | €15,423 | €16,423 | +€1,000 | +6.5% |
| Gross operating margin | 9900 | €649,427 | €583,204 | -€66,223 | -10.2% |
| Operating profit (loss) | 9901 | €102,643 | €80,316 | -€22,327 | -21.8% |
| Financial income | 75/76B | €2,934 | €3,074 | +€140 | +4.8% |
| Recurring financial income | 75 | €2,934 | €3,074 | +€140 | +4.8% |
| Financial charges | 65/66B | €1,340 | €2,107 | +€767 | +57.2% |
| Recurring financial charges | 65 | €1,340 | €2,107 | +€767 | +57.2% |
| Profit (loss) for the period before taxes | 9903 | €104,237 | €81,283 | -€22,954 | -22.0% |
| Income taxes | 67/77 | €23,287 | €24,859 | +€1,572 | +6.8% |
| Profit (loss) for the period | 9904 | €80,950 | €56,424 | -€24,526 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €80,950 | €56,424 | -€24,526 | -30.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.