CEGIMA ROCHEFORT: 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.
CEGIMA ROCHEFORT
Largest movements
- Cash -€232,755
down €232,755 (-78.6%), from €296,041 to €63,286
mainly Contributions, distributions and other (-€360,000) and Tax, wage and social debts (-€120,477)
- Tangible fixed assets -€27,993
down €27,993 (-2.3%), from €1.2m to €1.2m
of which Land and buildings: -€1.1m
- Profit (loss) carried forward -€354,463
down €354,463 (-41.1%), from €861,996 to €507,533
- Other debts +€352,953
up €352,953 (+5,009%), from €7,047 to €360,000
- Tax, wage and social debts -€120,477
down €120,477 (-99.9%), from €120,562 to €85
- Trade debts -€71,075
down €71,075 (-80.2%), from €88,567 to €17,493
- Debts after one year -€66,565
down €66,565 (-9.5%), from €699,854 to €633,289
- Gross operating margin -€294,145
down €294,145 (-77.1%), from €381,551 to €87,407
- Taxes -€78,754
down €78,754 (-99.2%), from €79,396 to €642
- Other operating charges -€22,198
down €22,198 (-58.1%), from €38,200 to €16,001
- Financial income +€18,369
new in 2025: €18,369
- Depreciation +€8,204
up €8,204 (+14.7%), from €55,911 to €64,115
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 | €1,957,334 | €1,706,418 | -€250,916 | -12.8% |
| Fixed assets | 21/28 | €1,211,646 | €1,183,653 | -€27,993 | -2.3% |
| Tangible fixed assets | 22/27 | €1,211,646 | €1,183,653 | -€27,993 | -2.3% |
| Land and buildings | 22 | €1,205,875 | €150,000 | -€1.1m | -87.6% |
| Plant, machinery and equipment | 23 | €5,038 | €1,033,288 | +€1.0m | +20,412% |
| Furniture and vehicles | 24 | €733 | €365 | -€369 | -50.3% |
| Current assets | 29/58 | €745,688 | €522,765 | -€222,924 | -29.9% |
| Amounts receivable within one year | 40/41 | €149,647 | €143,370 | -€6,278 | -4.2% |
| Trade receivables | 40 | €144,455 | €86,595 | -€57,860 | -40.1% |
| Other amounts receivable | 41 | €5,193 | €56,775 | +€51,582 | +993% |
| Current investments | 50/53 | €300,000 | €316,110 | +€16,110 | +5.4% |
| Cash at bank and in hand | 54/58 | €296,041 | €63,286 | -€232,755 | -78.6% |
| Total equity and liabilities | 10/49 | €1,957,334 | €1,706,418 | -€250,916 | -12.8% |
| Equity | 10/15 | €976,396 | €621,933 | -€354,463 | -36.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €14,400 | €14,400 | = | 0.0% |
| Distributable reserves | 133 | €14,400 | €14,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €861,996 | €507,533 | -€354,463 | -41.1% |
| Amounts payable | 17/49 | €980,938 | €1,084,485 | +€103,547 | +10.6% |
| Amounts payable after more than one year | 17 | €699,854 | €633,289 | -€66,565 | -9.5% |
| Financial debts | 170/4 | €699,854 | €633,289 | -€66,565 | -9.5% |
| Amounts payable within one year | 42/48 | €281,085 | €444,143 | +€163,058 | +58.0% |
| Current portion of amounts payable after more than one year | 42 | €64,908 | €66,565 | +€1,657 | +2.6% |
| Trade debts | 44 | €88,567 | €17,493 | -€71,075 | -80.2% |
| Suppliers | 440/4 | €88,567 | €17,493 | -€71,075 | -80.2% |
| Taxes, remuneration and social security | 45 | €120,562 | €85 | -€120,477 | -99.9% |
| Taxes | 450/3 | €120,562 | €85 | -€120,477 | -99.9% |
| Other amounts payable | 47/48 | €7,047 | €360,000 | +€352,953 | +5,009% |
| Accrued charges and deferred income | 492/3 | - | €7,054 | +€7,054 | |
| Non-recurring operating income | 76A | - | €965 | +€965 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,911 | €64,115 | +€8,204 | +14.7% |
| Other operating charges | 640/8 | €38,200 | €16,001 | -€22,198 | -58.1% |
| Gross operating margin | 9900 | €381,551 | €87,407 | -€294,145 | -77.1% |
| Operating profit (loss) | 9901 | €287,441 | €7,290 | -€280,150 | -97.5% |
| Financial income | 75/76B | - | €18,369 | +€18,369 | |
| Recurring financial income | 75 | - | €18,369 | +€18,369 | |
| Financial charges | 65/66B | €14,910 | €19,480 | +€4,571 | +30.7% |
| Recurring financial charges | 65 | €14,910 | €19,480 | +€4,571 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | €272,531 | €6,179 | -€266,352 | -97.7% |
| Income taxes | 67/77 | €79,396 | €642 | -€78,754 | -99.2% |
| Profit (loss) for the period | 9904 | €193,135 | €5,537 | -€187,598 | -97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €193,135 | €5,537 | -€187,598 | -97.1% |
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 27 October 2026 via checked.be.