ROYALTY D.C.: 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.
ROYALTY D.C.
Largest movements
- Receivables within one year -€6,039
down €6,039 (-37.3%), from €16,210 to €10,171
- Debts after one year -€5,143
down €5,143 (-82.2%), from €6,253 to €1,110
- Tax, wage and social debts -€3,753
down €3,753 (-73.6%), from €5,099 to €1,346
- Reserves +€2,925
up €2,925 (+97.5%), from €3,000 to €5,925
of which Distributable reserves: +€2,925
- Other debts +€1,974
new in 2025: €1,974
- Short-term financial debts -€1,341
down €1,341 (-33.9%), from €3,953 to €2,612
- Turnover -€54,955
no longer reported in 2025 (was €54,955)
- Purchases and services -€44,416
no longer reported in 2025 (was €44,416)
- Gross operating margin -€2,943
down €2,943 (-27.9%), from €10,539 to €7,596
- Other operating charges -€2,584
down €2,584 (-65.6%), from €3,941 to €1,357
- Taxes +€1,332
new in 2025: €1,332
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,927 | €33,377 | -€6,550 | -16.4% |
| Fixed assets | 21/28 | €8,194 | €7,847 | -€346 | -4.2% |
| Tangible fixed assets | 22/27 | €693 | €346 | -€346 | -50.0% |
| Plant, machinery and equipment | 23 | €693 | €346 | -€346 | -50.0% |
| Financial fixed assets | 28 | €7,501 | €7,501 | = | 0.0% |
| Current assets | 29/58 | €31,733 | €25,529 | -€6,204 | -19.6% |
| Stocks and contracts in progress | 3 | €4,877 | €4,877 | = | 0.0% |
| Stocks | 30/36 | €4,877 | €4,877 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,210 | €10,171 | -€6,039 | -37.3% |
| Trade receivables | 40 | €16,210 | €10,171 | -€6,039 | -37.3% |
| Deferred charges and accrued income | 490/1 | €10,647 | €10,481 | -€165 | -1.6% |
| Total equity and liabilities | 10/49 | €39,927 | €33,377 | -€6,550 | -16.4% |
| Equity | 10/15 | €14,958 | €17,883 | +€2,925 | +19.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Capital | 10 | €30,000 | - | -€30,000 | |
| Issued capital | 100 | €30,000 | - | -€30,000 | |
| Reserves | 13 | €3,000 | €5,925 | +€2,925 | +97.5% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Legal reserve | 130 | €3,000 | - | -€3,000 | |
| Reserves not available under the articles | 1311 | - | €3,000 | +€3,000 | |
| Distributable reserves | 133 | - | €2,925 | +€2,925 | |
| Profit (loss) carried forward | 14 | -€18,042 | -€18,042 | = | 0.0% |
| Amounts payable | 17/49 | €24,969 | €15,494 | -€9,475 | -37.9% |
| Amounts payable after more than one year | 17 | €6,253 | €1,110 | -€5,143 | -82.2% |
| Financial debts | 170/4 | €6,253 | €1,110 | -€5,143 | -82.2% |
| Amounts payable within one year | 42/48 | €18,716 | €14,383 | -€4,332 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | €5,897 | €5,897 | = | 0.0% |
| Financial debts | 43 | €3,953 | €2,612 | -€1,341 | -33.9% |
| Credit institutions | 430/8 | €3,953 | €2,612 | -€1,341 | -33.9% |
| Trade debts | 44 | €3,767 | €2,554 | -€1,213 | -32.2% |
| Suppliers | 440/4 | €3,767 | €2,554 | -€1,213 | -32.2% |
| Taxes, remuneration and social security | 45 | €5,099 | €1,346 | -€3,753 | -73.6% |
| Taxes | 450/3 | €5,099 | €1,346 | -€3,753 | -73.6% |
| Other amounts payable | 47/48 | - | €1,974 | +€1,974 | |
| Turnover | 70 | €54,955 | - | -€54,955 | |
| Goods, raw materials, services and sundry goods | 60/61 | €44,416 | - | -€44,416 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €346 | +€346 | |
| Other operating charges | 640/8 | €3,941 | €1,357 | -€2,584 | -65.6% |
| Gross operating margin | 9900 | €10,539 | €7,596 | -€2,943 | -27.9% |
| Operating profit (loss) | 9901 | €6,598 | €5,893 | -€705 | -10.7% |
| Financial charges | 65/66B | €1,414 | €1,636 | +€222 | +15.7% |
| Recurring financial charges | 65 | €1,414 | €1,636 | +€222 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €5,184 | €4,257 | -€928 | -17.9% |
| Income taxes | 67/77 | - | €1,332 | +€1,332 | |
| Profit (loss) for the period | 9904 | €5,184 | €2,925 | -€2,260 | -43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,184 | €2,925 | -€2,260 | -43.6% |
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 29 October 2026 via checked.be.