ROYAL PROPERTIES: 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 PROPERTIES
Largest movements
- Cash +€204
up €204 (+4.6%), from €4,389 to €4,593
mainly Other debts (+€7,944) and Trade debts (+€92)
- Other debts +€7,944
up €7,944 (+5.5%), from €144,451 to €152,395
- Profit (loss) carried forward -€7,833
down €7,833 (-4.9%), from -€160,900 to -€168,733
- Trade debts +€92
up €92 (+23.9%), from €387 to €480
- Gross operating margin +€1,550
up €1,550 (+27.6%), from -€5,615 to -€4,065
- Financial charges +€328
up €328 (+10.8%), from €3,040 to €3,368
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 | €4,389 | €4,593 | +€204 | +4.6% |
| Current assets | 29/58 | €4,389 | €4,593 | +€204 | +4.6% |
| Cash at bank and in hand | 54/58 | €4,389 | €4,593 | +€204 | +4.6% |
| Total equity and liabilities | 10/49 | €4,389 | €4,593 | +€204 | +4.6% |
| Equity | 10/15 | -€140,449 | -€148,282 | -€7,833 | -5.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€160,900 | -€168,733 | -€7,833 | -4.9% |
| Amounts payable | 17/49 | €144,838 | €152,875 | +€8,037 | +5.5% |
| Amounts payable within one year | 42/48 | €144,838 | €152,875 | +€8,037 | +5.5% |
| Trade debts | 44 | €387 | €480 | +€92 | +23.9% |
| Suppliers | 440/4 | €387 | €480 | +€92 | +23.9% |
| Other amounts payable | 47/48 | €144,451 | €152,395 | +€7,944 | +5.5% |
| Non-recurring operating income | 76A | - | €2,180 | +€2,180 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€5,615 | -€4,065 | +€1,550 | +27.6% |
| Operating profit (loss) | 9901 | -€6,002 | -€4,465 | +€1,537 | +25.6% |
| Financial charges | 65/66B | €3,040 | €3,368 | +€328 | +10.8% |
| Recurring financial charges | 65 | €3,040 | €3,368 | +€328 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,042 | -€7,833 | +€1,209 | +13.4% |
| Profit (loss) for the period | 9904 | -€9,042 | -€7,833 | +€1,209 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,042 | -€7,833 | +€1,209 | +13.4% |
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 13 October 2026 via checked.be.