ROYAL FORTUNE: 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 FORTUNE
Largest movements
- Tangible fixed assets -€3,738
down €3,738 (-3.8%), from €98,841 to €95,104
- Debts after one year -€11,420
down €11,420 (-51.3%), from €22,245 to €10,826
- Other debts +€5,740
up €5,740 (+18.6%), from €30,880 to €36,620
- Gross operating margin -€1,299
down €1,299 (-11.8%), from €10,970 to €9,671
- Financial charges -€379
down €379 (-25.1%), from €1,510 to €1,131
- Taxes -€159
down €159 (-18.8%), from €846 to €687
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 | €99,780 | €95,496 | -€4,284 | -4.3% |
| Fixed assets | 21/28 | €98,841 | €95,104 | -€3,738 | -3.8% |
| Tangible fixed assets | 22/27 | €98,841 | €95,104 | -€3,738 | -3.8% |
| Land and buildings | 22 | €98,841 | €95,104 | -€3,738 | -3.8% |
| Current assets | 29/58 | €939 | €392 | -€547 | -58.2% |
| Cash at bank and in hand | 54/58 | €939 | €392 | -€547 | -58.2% |
| Total equity and liabilities | 10/49 | €99,780 | €95,496 | -€4,284 | -4.3% |
| Equity | 10/15 | €34,500 | €35,961 | +€1,461 | +4.2% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | - | €961 | +€961 | |
| Distributable reserves | 133 | - | €961 | +€961 | |
| Profit (loss) carried forward | 14 | -€500 | - | +€500 | |
| Amounts payable | 17/49 | €65,281 | €59,535 | -€5,746 | -8.8% |
| Amounts payable after more than one year | 17 | €22,245 | €10,826 | -€11,420 | -51.3% |
| Financial debts | 170/4 | €22,245 | €10,826 | -€11,420 | -51.3% |
| Amounts payable within one year | 42/48 | €43,035 | €48,709 | +€5,674 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €11,027 | €11,420 | +€393 | +3.6% |
| Trade debts | 44 | €282 | - | -€282 | |
| Suppliers | 440/4 | €282 | - | -€282 | |
| Taxes, remuneration and social security | 45 | €846 | €670 | -€177 | -20.9% |
| Taxes | 450/3 | €846 | €670 | -€177 | -20.9% |
| Other amounts payable | 47/48 | €30,880 | €36,620 | +€5,740 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,738 | €3,738 | = | 0.0% |
| Other operating charges | 640/8 | €2,638 | €2,653 | +€16 | +0.6% |
| Gross operating margin | 9900 | €10,970 | €9,671 | -€1,299 | -11.8% |
| Operating profit (loss) | 9901 | €4,594 | €3,280 | -€1,314 | -28.6% |
| Financial charges | 65/66B | €1,510 | €1,131 | -€379 | -25.1% |
| Recurring financial charges | 65 | €1,510 | €1,131 | -€379 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €3,084 | €2,149 | -€935 | -30.3% |
| Income taxes | 67/77 | €846 | €687 | -€159 | -18.8% |
| Profit (loss) for the period | 9904 | €2,238 | €1,461 | -€776 | -34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,238 | €1,461 | -€776 | -34.7% |
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 18 October 2026 via checked.be.