Royal Botanic Construct: 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 Botanic Construct
Largest movements
- Cash +€590,691
up €590,691 (+39429.9%), from €1,498 to €592,189
mainly Short-term financial debts (+€1.5m) and Deferred charges and accrued income (+€56,385)
- Stocks and contracts +€504,483
up €504,483 (+49.5%), from €1.0m to €1.5m
- Receivables within one year +€100,615
up €100,615 (+65.7%), from €153,179 to €253,794
of which Trade receivables: +€58,105
- Deferred charges and accrued income -€56,385
down €56,385 (-24.2%), from €232,725 to €176,340
- Short-term financial debts +€1.5m
new in 2025: €1.5m
- Advances received -€296,655
down €296,655 (-100.0%), from €296,655 to €0
- Other debts -€78,939
down €78,939 (-39.3%), from €201,048 to €122,109
- Trade debts +€29,967
up €29,967 (+60.9%), from €49,242 to €79,209
- Profit (loss) carried forward -€26,166
down €26,166 (-77.9%), from -€33,579 to -€59,744
- Gross operating margin +€7,142
up €7,142 (+22.1%), from -€32,347 to -€25,205
- Other operating charges -€370
down €370 (-41.6%), from €890 to €520
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.
Cash bridge derived
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 | €1,406,865 | €2,546,269 | +€1.1m | +81.0% |
| Current assets | 29/58 | €1,406,865 | €2,546,269 | +€1.1m | +81.0% |
| Stocks and contracts in progress | 3 | €1,019,462 | €1,523,946 | +€504,483 | +49.5% |
| Stocks | 30/36 | €1,019,462 | €1,523,946 | +€504,483 | +49.5% |
| Amounts receivable within one year | 40/41 | €153,179 | €253,794 | +€100,615 | +65.7% |
| Trade receivables | 40 | €69,148 | €127,253 | +€58,105 | +84.0% |
| Other amounts receivable | 41 | €84,031 | €126,541 | +€42,510 | +50.6% |
| Cash at bank and in hand | 54/58 | €1,498 | €592,189 | +€590,691 | +39429.9% |
| Deferred charges and accrued income | 490/1 | €232,725 | €176,340 | -€56,385 | -24.2% |
| Total equity and liabilities | 10/49 | €1,406,865 | €2,546,269 | +€1.1m | +81.0% |
| Equity | 10/15 | -€32,579 | -€58,744 | -€26,166 | -80.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,579 | -€59,744 | -€26,166 | -77.9% |
| Amounts payable | 17/49 | €1,439,443 | €2,605,014 | +€1.2m | +81.0% |
| Amounts payable after more than one year | 17 | €892,483 | €903,696 | +€11,213 | +1.3% |
| Other amounts payable | 178/9 | €892,483 | €903,696 | +€11,213 | +1.3% |
| Amounts payable within one year | 42/48 | €546,945 | €1,701,318 | +€1.2m | +211.1% |
| Financial debts | 43 | - | €1,500,000 | +€1.5m | |
| Credit institutions | 430/8 | - | €1,500,000 | +€1.5m | |
| Trade debts | 44 | €49,242 | €79,209 | +€29,967 | +60.9% |
| Suppliers | 440/4 | €49,242 | €79,209 | +€29,967 | +60.9% |
| Advances received on contracts in progress | 46 | €296,655 | €0 | -€296,655 | -100.0% |
| Other amounts payable | 47/48 | €201,048 | €122,109 | -€78,939 | -39.3% |
| Accrued charges and deferred income | 492/3 | €15 | €0 | -€15 | -100.0% |
| Other operating charges | 640/8 | €890 | €520 | -€370 | -41.6% |
| Gross operating margin | 9900 | -€32,347 | -€25,205 | +€7,142 | +22.1% |
| Operating profit (loss) | 9901 | -€33,236 | -€25,725 | +€7,512 | +22.6% |
| Financial charges | 65/66B | €342 | €441 | +€99 | +28.8% |
| Recurring financial charges | 65 | €342 | €441 | +€99 | +28.8% |
| Profit (loss) for the period before taxes | 9903 | -€33,579 | -€26,166 | +€7,413 | +22.1% |
| Profit (loss) for the period | 9904 | -€33,579 | -€26,166 | +€7,413 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,579 | -€26,166 | +€7,413 | +22.1% |
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 12 October 2026 via checked.be.