ROYALOLIVE: 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.
ROYALOLIVE
Largest movements
- Receivables within one year -€16,357
down €16,357 (-9.4%), from €173,872 to €157,515
of which Trade receivables: -€21,506
- Stocks and contracts -€7,850
down €7,850 (-94.0%), from €8,350 to €500
- Tangible fixed assets -€2,693
down €2,693 (-42.1%), from €6,403 to €3,710
of which Furniture and vehicles: -€1,500
- Profit (loss) carried forward -€13,909
down €13,909 (-64.6%), from -€21,545 to -€35,454
- Trade debts -€10,747
no longer reported in 2025 (was €10,747)
- Gross operating margin +€4,636
up €4,636 (+29.9%), from -€15,527 to -€10,891
- Depreciation -€2,328
down €2,328 (-46.4%), from €5,020 to €2,692
- Taxes -€1,659
no longer reported in 2025 (was €1,659)
- Financial income -€1,317
no longer reported in 2025 (was €1,317)
- Other operating charges -€285
down €285 (-56.5%), from €504 to €219
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 | €188,675 | €162,504 | -€26,171 | -13.9% |
| Fixed assets | 21/28 | €6,403 | €3,710 | -€2,693 | -42.1% |
| Tangible fixed assets | 22/27 | €6,403 | €3,710 | -€2,693 | -42.1% |
| Plant, machinery and equipment | 23 | €2,903 | €1,710 | -€1,193 | -41.1% |
| Furniture and vehicles | 24 | €3,500 | €2,000 | -€1,500 | -42.9% |
| Current assets | 29/58 | €182,272 | €158,794 | -€23,478 | -12.9% |
| Stocks and contracts in progress | 3 | €8,350 | €500 | -€7,850 | -94.0% |
| Stocks | 30/36 | €8,350 | €500 | -€7,850 | -94.0% |
| Amounts receivable within one year | 40/41 | €173,872 | €157,515 | -€16,357 | -9.4% |
| Trade receivables | 40 | €21,506 | - | -€21,506 | |
| Other amounts receivable | 41 | €152,366 | €157,515 | +€5,149 | +3.4% |
| Cash at bank and in hand | 54/58 | €50 | €779 | +€729 | +1458.0% |
| Total equity and liabilities | 10/49 | €188,675 | €162,504 | -€26,171 | -13.9% |
| Equity | 10/15 | €176,413 | €162,504 | -€13,909 | -7.9% |
| Contributions | 10/11 | €16,830 | €16,830 | = | 0.0% |
| Reserves | 13 | €181,128 | €181,128 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,683 | €1,683 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,683 | €1,683 | = | 0.0% |
| Distributable reserves | 133 | €179,445 | €179,445 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,545 | -€35,454 | -€13,909 | -64.6% |
| Amounts payable | 17/49 | €12,262 | - | -€12,262 | |
| Amounts payable within one year | 42/48 | €12,262 | - | -€12,262 | |
| Trade debts | 44 | €10,747 | - | -€10,747 | |
| Suppliers | 440/4 | €10,747 | - | -€10,747 | |
| Taxes, remuneration and social security | 45 | €1,515 | - | -€1,515 | |
| Taxes | 450/3 | €1,515 | - | -€1,515 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,020 | €2,692 | -€2,328 | -46.4% |
| Other operating charges | 640/8 | €504 | €219 | -€285 | -56.5% |
| Gross operating margin | 9900 | -€15,527 | -€10,891 | +€4,636 | +29.9% |
| Operating profit (loss) | 9901 | -€21,051 | -€13,802 | +€7,249 | +34.4% |
| Financial income | 75/76B | €1,317 | - | -€1,317 | |
| Recurring financial income | 75 | €1,317 | - | -€1,317 | |
| Financial charges | 65/66B | €152 | €107 | -€45 | -29.6% |
| Recurring financial charges | 65 | €152 | €107 | -€45 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | -€19,886 | -€13,909 | +€5,977 | +30.1% |
| Income taxes | 67/77 | €1,659 | - | -€1,659 | |
| Profit (loss) for the period | 9904 | -€21,545 | -€13,909 | +€7,636 | +35.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,545 | -€13,909 | +€7,636 | +35.4% |
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 10 October 2026 via checked.be.