ROYAL BOCH: 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 BOCH
Largest movements
- Intangible fixed assets -€91,132
down €91,132 (-5.0%), from €1.8m to €1.7m
- Cash +€47,881
up €47,881 (+752%), from €6,367 to €54,248
mainly Depreciation (+€91,132) and Debts after one year (+€15,000)
- Profit (loss) carried forward -€72,897
down €72,897 (-5.7%), from -€1.3m to -€1.4m
- Gross operating margin +€59,609
up €59,609, from -€39,859 to €19,750
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 | €1,900,520 | €1,856,717 | -€43,802 | -2.3% |
| Fixed assets | 21/28 | €1,813,000 | €1,721,867 | -€91,132 | -5.0% |
| Intangible fixed assets | 21 | €1,813,000 | €1,721,867 | -€91,132 | -5.0% |
| Current assets | 29/58 | €87,520 | €134,850 | +€47,330 | +54.1% |
| Stocks and contracts in progress | 3 | €21,409 | €21,409 | = | 0.0% |
| Stocks | 30/36 | €21,409 | €21,409 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €59,744 | €59,193 | -€551 | -0.9% |
| Trade receivables | 40 | €55,990 | €55,990 | = | 0.0% |
| Other amounts receivable | 41 | €3,754 | €3,203 | -€551 | -14.7% |
| Cash at bank and in hand | 54/58 | €6,367 | €54,248 | +€47,881 | +752% |
| Total equity and liabilities | 10/49 | €1,900,520 | €1,856,717 | -€43,802 | -2.3% |
| Equity | 10/15 | -€1,268,051 | -€1,340,948 | -€72,897 | -5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €850 | €850 | = | 0.0% |
| Non-distributable reserves | 130/1 | €850 | €850 | = | 0.0% |
| Reserves not available under the articles | 1311 | €850 | €850 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,287,501 | -€1,360,398 | -€72,897 | -5.7% |
| Amounts payable | 17/49 | €3,168,570 | €3,197,665 | +€29,095 | +0.9% |
| Amounts payable after more than one year | 17 | €2,485,927 | €2,500,927 | +€15,000 | +0.6% |
| Other amounts payable | 178/9 | €2,485,927 | €2,500,927 | +€15,000 | +0.6% |
| Amounts payable within one year | 42/48 | €682,644 | €696,739 | +€14,095 | +2.1% |
| Trade debts | 44 | €416 | €14,511 | +€14,095 | +3,386% |
| Suppliers | 440/4 | €416 | €14,511 | +€14,095 | +3,386% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €682,228 | €682,228 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,132 | €91,132 | = | 0.0% |
| Other operating charges | 640/8 | €1,086 | €1,336 | +€250 | +23.1% |
| Gross operating margin | 9900 | -€39,859 | €19,750 | +€59,609 | |
| Operating profit (loss) | 9901 | -€132,077 | -€72,719 | +€59,358 | +44.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €94 | €179 | +€85 | +91.0% |
| Recurring financial charges | 65 | €94 | €179 | +€85 | +91.0% |
| Profit (loss) for the period before taxes | 9903 | -€132,170 | -€72,897 | +€59,273 | +44.8% |
| Profit (loss) for the period | 9904 | -€132,170 | -€72,897 | +€59,273 | +44.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€132,170 | -€72,897 | +€59,273 | +44.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.