ROYAL BOTANIA: 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.
What changed
ROYAL BOTANIA
NACE 31.009, Manufacture of furniture
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€45,462
2024 · €477,357-€431,895
Equity
€15.1m
2024 · €15.1m+€45,462
Cash
€230,176
2024 · €322,094-€91,918
Balance sheet total
€28.5m
2024 · €27.3m+€1.2m
Largest movements
Assets
- Receivables within one year +€986,037
up €986,037 (+23.8%), from €4.1m to €5.1m
of which Trade receivables: +€648,641
- Stocks and contracts -€678,995
down €678,995 (-8.4%), from €8.1m to €7.4m
- Tangible fixed assets +€551,149
up €551,149 (+35.6%), from €1.5m to €2.1m
of which Other tangible fixed assets: +€723,986
- Intangible fixed assets +€516,289
up €516,289 (+880%), from €58,696 to €574,985
- Receivables after one year -€346,603
down €346,603 (-21.2%), from €1.6m to €1.3m
Equity and liabilities
- Short-term financial debts +€1.5m
up €1.5m (+21.4%), from €7.1m to €8.6m
- Reserves +€681,500
up €681,500 (+15.7%), from €4.3m to €5.0m
of which Tax-exempt reserves: +€631,500
- Other debts -€676,786
down €676,786 (-57.8%), from €1.2m to €494,274
- Profit (loss) carried forward -€636,038
down €636,038 (-5.9%), from €10.7m to €10.1m
Income statement
- Turnover -€1.6m
down €1.6m (-7.5%), from €21.7m to €20.0m
- Other operating income +€692,162
up €692,162 (+140%), from €493,039 to €1.2m
- Services and other goods -€354,025
down €354,025 (-4.7%), from €7.5m to €7.1m
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.
Result 2024
€477,357
Turnover
-€1.6m
Other operating income
+€692,162
Goods and materials
-€190,492
Services and other goods
+€354,025
Staff costs
+€73,058
Depreciation
-€71,240
Write-downs
-€50,572
Provisions
-€25,000
Other operating charges
-€1,335
Other operating items
+€174,980
Financial income
-€114,166
Financial charges
+€203,994
Taxes
+€151,522
Result 2025
€45,462
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€34,287
Investment
-€1.9m
Financing
+€1.8m
Cash 2024
€322,094
From operations (derived)
+€34,287
Net result for the year
+€45,462
Depreciation
+€516,793
Receivables after one year
+€346,603
Stocks and contracts
+€678,995
Receivables within one year
-€986,037
Deferred charges and accrued income
-€10,954
Trade debts
+€61,713
Tax, wage and social debts
-€22,792
Other debts
-€676,786
Accrued charges and deferred income
+€81,289
Investment (derived)
-€1.9m
Investment in fixed assets (net)
-€1.8m
Current investments
-€50,000
Financing
+€1.8m
Debts after one year
-€4,425
Current portion of long-term debt
+€239,454
Short-term financial debts
+€1.5m
Cash 2025
€230,176
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,257,552 | €28,496,864 | +€1.2m | +4.5% |
| Fixed assets | 21/28 | €9,045,993 | €10,355,831 | +€1.3m | +14.5% |
| Intangible fixed assets | 21 | €58,696 | €574,985 | +€516,289 | +880% |
| Tangible fixed assets | 22/27 | €1,546,732 | €2,097,881 | +€551,149 | +35.6% |
| Plant, machinery and equipment | 23 | €446,724 | €350,966 | -€95,757 | -21.4% |
| Furniture and vehicles | 24 | €175,033 | €97,954 | -€77,079 | -44.0% |
| Other tangible fixed assets | 26 | €924,975 | €1,648,960 | +€723,986 | +78.3% |
| Financial fixed assets | 28 | €7,440,565 | €7,682,965 | +€242,400 | +3.3% |
| Affiliated companies | 280/1 | €7,362,453 | €7,487,853 | +€125,400 | +1.7% |
| Participating interests | 280 | €3,055,478 | €3,055,478 | = | 0.0% |
| Amounts receivable | 281 | €4,306,974 | €4,432,374 | +€125,400 | +2.9% |
| Other financial fixed assets | 284/8 | €78,113 | €195,113 | +€117,000 | +150% |
| Amounts receivable and cash guarantees | 285/8 | €78,113 | €195,113 | +€117,000 | +150% |
| Current assets | 29/58 | €18,211,559 | €18,141,033 | -€70,526 | -0.4% |
| Amounts receivable after more than one year | 29 | €1,631,096 | €1,284,493 | -€346,603 | -21.2% |
| Other amounts receivable | 291 | €1,631,096 | €1,284,493 | -€346,603 | -21.2% |
| Stocks and contracts in progress | 3 | €8,108,644 | €7,429,649 | -€678,995 | -8.4% |
| Stocks | 30/36 | €8,108,644 | €7,429,649 | -€678,995 | -8.4% |
| Goods purchased for resale | 34 | €8,108,644 | €7,429,649 | -€678,995 | -8.4% |
| Amounts receivable within one year | 40/41 | €4,144,643 | €5,130,680 | +€986,037 | +23.8% |
| Trade receivables | 40 | €3,731,133 | €4,379,773 | +€648,641 | +17.4% |
| Other amounts receivable | 41 | €413,511 | €750,907 | +€337,397 | +81.6% |
| Current investments | 50/53 | €3,821,399 | €3,871,399 | +€50,000 | +1.3% |
| Own shares | 50 | €3,821,399 | €3,871,399 | +€50,000 | +1.3% |
| Cash at bank and in hand | 54/58 | €322,094 | €230,176 | -€91,918 | -28.5% |
| Deferred charges and accrued income | 490/1 | €183,683 | €194,636 | +€10,954 | +6.0% |
| Total equity and liabilities | 10/49 | €27,257,552 | €28,496,864 | +€1.2m | +4.5% |
| Equity | 10/15 | €15,091,760 | €15,137,223 | +€45,462 | +0.3% |
| Contributions | 10/11 | €72,000 | €72,000 | = | 0.0% |
| Capital | 10 | €72,000 | €72,000 | = | 0.0% |
| Issued capital | 100 | €72,000 | €72,000 | = | 0.0% |
| Reserves | 13 | €4,329,389 | €5,010,889 | +€681,500 | +15.7% |
| Non-distributable reserves | 130/1 | €3,828,599 | €3,878,599 | +€50,000 | +1.3% |
| Legal reserve | 130 | €7,200 | €7,200 | = | 0.0% |
| Own shares acquired | 1312 | €3,821,399 | €3,871,399 | +€50,000 | +1.3% |
| Tax-exempt reserves | 132 | €421,000 | €1,052,500 | +€631,500 | +150% |
| Distributable reserves | 133 | €79,790 | €79,790 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,690,372 | €10,054,334 | -€636,038 | -5.9% |
| Amounts payable | 17/49 | €12,165,792 | €13,359,641 | +€1.2m | +9.8% |
| Amounts payable after more than one year | 17 | €657,841 | €653,417 | -€4,425 | -0.7% |
| Financial debts | 170/4 | €657,841 | €653,417 | -€4,425 | -0.7% |
| Credit institutions | 173 | €657,841 | €653,417 | -€4,425 | -0.7% |
| Amounts payable within one year | 42/48 | €11,498,958 | €12,615,943 | +€1.1m | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €600,415 | €839,869 | +€239,454 | +39.9% |
| Financial debts | 43 | €7,084,603 | €8,600,000 | +€1.5m | +21.4% |
| Credit institutions | 430/8 | €7,084,603 | €8,600,000 | +€1.5m | +21.4% |
| Trade debts | 44 | €2,276,620 | €2,338,333 | +€61,713 | +2.7% |
| Suppliers | 440/4 | €2,276,620 | €2,338,333 | +€61,713 | +2.7% |
| Taxes, remuneration and social security | 45 | €366,259 | €343,467 | -€22,792 | -6.2% |
| Taxes | 450/3 | €19,365 | €18,151 | -€1,214 | -6.3% |
| Remuneration and social security | 454/9 | €346,895 | €325,316 | -€21,578 | -6.2% |
| Other amounts payable | 47/48 | €1,171,060 | €494,274 | -€676,786 | -57.8% |
| Accrued charges and deferred income | 492/3 | €8,992 | €90,281 | +€81,289 | +904% |
| Operating income | 70/76A | €22,183,389 | €21,273,178 | -€910,211 | -4.1% |
| Turnover | 70 | €21,667,220 | €20,038,390 | -€1.6m | -7.5% |
| Other operating income | 74 | €493,039 | €1,185,201 | +€692,162 | +140% |
| Non-recurring operating income | 76A | €23,130 | €49,587 | +€26,457 | +114% |
| Operating charges | 60/66A | €20,988,769 | €20,751,802 | -€236,967 | -1.1% |
| Goods for resale, raw materials and consumables | 60 | €10,412,507 | €10,602,999 | +€190,492 | +1.8% |
| Purchases | 600/8 | €8,664,013 | €9,924,004 | +€1.3m | +14.5% |
| Change in stocks: decrease (increase) | 609 | €1,748,494 | €678,995 | -€1.1m | -61.2% |
| Services and other goods | 61 | €7,472,176 | €7,118,150 | -€354,025 | -4.7% |
| Remuneration, social security and pensions | 62 | €2,476,787 | €2,403,729 | -€73,058 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €445,553 | €516,793 | +€71,240 | +16.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €22,933 | €73,506 | +€50,572 | +221% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€25,000 | - | +€25,000 | |
| Other operating charges | 640/8 | €26,570 | €27,905 | +€1,335 | +5.0% |
| Non-recurring operating charges | 66A | €157,243 | €8,720 | -€148,523 | -94.5% |
| Operating profit (loss) | 9901 | €1,194,621 | €521,376 | -€673,244 | -56.4% |
| Financial income | 75/76B | €370,777 | €256,611 | -€114,166 | -30.8% |
| Recurring financial income | 75 | €202,934 | €256,611 | +€53,677 | +26.5% |
| Income from financial fixed assets | 750 | €115,070 | €125,400 | +€10,330 | +9.0% |
| Income from current assets | 751 | €87,864 | €131,211 | +€43,347 | +49.3% |
| Non-recurring financial income | 76B | €167,843 | - | -€167,843 | |
| Financial charges | 65/66B | €855,405 | €651,411 | -€203,994 | -23.8% |
| Recurring financial charges | 65 | €835,456 | €651,411 | -€184,045 | -22.0% |
| Debt charges | 650 | €468,203 | €407,856 | -€60,347 | -12.9% |
| Other financial charges | 652/9 | €367,253 | €243,555 | -€123,697 | -33.7% |
| Non-recurring financial charges | 66B | €19,949 | - | -€19,949 | |
| Profit (loss) for the period before taxes | 9903 | €709,993 | €126,576 | -€583,417 | -82.2% |
| Income taxes | 67/77 | €232,636 | €81,113 | -€151,522 | -65.1% |
| Taxes | 670/3 | €233,000 | €85,000 | -€148,000 | -63.5% |
| Tax adjustments and reversals of tax provisions | 77 | €364 | €3,887 | +€3,522 | +967% |
| Profit (loss) for the period | 9904 | €477,357 | €45,462 | -€431,895 | -90.5% |
| Transfer to tax-exempt reserves | 689 | - | €631,500 | +€631,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €477,357 | -€586,038 | -€1.1m |
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 19 October 2026 via checked.be.