Royce Time: what changed
Two fiscal 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.
Royce Time
Largest movements
- Receivables within one year -€13,831
down €13,831 (-76.3%), from €18,134 to €4,303
- Tangible fixed assets +€9,576
up €9,576 (+1198.6%), from €799 to €10,374
- Cash +€4,531
up €4,531 (+135.5%), from €3,343 to €7,873
mainly Receivables within one year (+€13,831) and Depreciation (+€3,724)
- Profit (loss) carried forward +€275
up €275 (+2.8%), from €9,976 to €10,251
- Depreciation +€3,325
up €3,325 (+832.4%), from €399 to €3,724
- Gross operating margin -€1,743
down €1,743 (-29.6%), from €5,892 to €4,149
- Financial income -€391
down €391 (-41.7%), from €938 to €547
- Financial charges -€310
no longer reported in 2025 (was €310)
- Other operating charges +€126
up €126 (+22.1%), from €571 to €697
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 | €22,276 | €22,551 | +€275 | +1.2% |
| Fixed assets | 21/28 | €799 | €10,374 | +€9,576 | +1198.6% |
| Tangible fixed assets | 22/27 | €799 | €10,374 | +€9,576 | +1198.6% |
| Furniture and vehicles | 24 | €799 | €10,374 | +€9,576 | +1198.6% |
| Current assets | 29/58 | €21,477 | €12,176 | -€9,300 | -43.3% |
| Amounts receivable within one year | 40/41 | €18,134 | €4,303 | -€13,831 | -76.3% |
| Other amounts receivable | 41 | €18,134 | €4,303 | -€13,831 | -76.3% |
| Cash at bank and in hand | 54/58 | €3,343 | €7,873 | +€4,531 | +135.5% |
| Total equity and liabilities | 10/49 | €22,276 | €22,551 | +€275 | +1.2% |
| Equity | 10/15 | €22,276 | €22,551 | +€275 | +1.2% |
| Contributions | 10/11 | €12,300 | €12,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,976 | €10,251 | +€275 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €399 | €3,724 | +€3,325 | +832.4% |
| Other operating charges | 640/8 | €571 | €697 | +€126 | +22.1% |
| Gross operating margin | 9900 | €5,892 | €4,149 | -€1,743 | -29.6% |
| Operating profit (loss) | 9901 | €4,922 | -€272 | -€5,194 | |
| Financial income | 75/76B | €938 | €547 | -€391 | -41.7% |
| Recurring financial income | 75 | €938 | €547 | -€391 | -41.7% |
| Financial charges | 65/66B | €310 | - | -€310 | |
| Recurring financial charges | 65 | €310 | - | -€310 | |
| Profit (loss) for the period before taxes | 9903 | €5,550 | €275 | -€5,275 | -95.0% |
| Profit (loss) for the period | 9904 | €5,550 | €275 | -€5,275 | -95.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,550 | €275 | -€5,275 | -95.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.