E-ROC: 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.
E-ROC
Largest movements
- Tangible fixed assets +€60,397
new in 2025: €60,397
- Cash +€24,326
up €24,326 (+457%), from €5,318 to €29,644
mainly Debts after one year (+€42,666) and Net result for the year (+€20,509)
- Receivables within one year -€6,044
down €6,044 (-42.6%), from €14,192 to €8,148
of which Trade receivables: -€6,630
- Debts after one year +€42,666
new in 2025: €42,666
- Reserves +€20,509
up €20,509 (+222%), from €9,255 to €29,764
- Current portion of long-term debt +€10,807
new in 2025: €10,807
- Tax, wage and social debts +€7,695
up €7,695 (+222%), from €3,470 to €11,165
of which Taxes: +€6,495
- Trade debts -€3,209
down €3,209 (-94.6%), from €3,393 to €184
- Turnover +€59,096
up €59,096 (+248%), from €23,859 to €82,955
- Purchases and services +€39,018
up €39,018 (+351%), from €11,107 to €50,125
- Gross operating margin +€20,078
up €20,078 (+157%), from €12,752 to €32,830
- Depreciation +€4,628
new in 2025: €4,628
- Taxes +€3,025
up €3,025 (+87.2%), from €3,470 to €6,495
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 | €19,510 | €98,189 | +€78,679 | +403% |
| Fixed assets | 21/28 | - | €60,397 | +€60,397 | |
| Tangible fixed assets | 22/27 | - | €60,397 | +€60,397 | |
| Furniture and vehicles | 24 | - | €60,397 | +€60,397 | |
| Current assets | 29/58 | €19,510 | €37,792 | +€18,282 | +93.7% |
| Amounts receivable within one year | 40/41 | €14,192 | €8,148 | -€6,044 | -42.6% |
| Trade receivables | 40 | €13,656 | €7,026 | -€6,630 | -48.6% |
| Other amounts receivable | 41 | €536 | €1,122 | +€586 | +109% |
| Cash at bank and in hand | 54/58 | €5,318 | €29,644 | +€24,326 | +457% |
| Total equity and liabilities | 10/49 | €19,510 | €98,189 | +€78,679 | +403% |
| Equity | 10/15 | €11,255 | €31,764 | +€20,509 | +182% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €9,255 | €29,764 | +€20,509 | +222% |
| Distributable reserves | 133 | €9,255 | €29,764 | +€20,509 | +222% |
| Amounts payable | 17/49 | €8,255 | €66,425 | +€58,170 | +705% |
| Amounts payable after more than one year | 17 | - | €42,666 | +€42,666 | |
| Financial debts | 170/4 | - | €42,666 | +€42,666 | |
| Amounts payable within one year | 42/48 | €8,255 | €22,959 | +€14,704 | +178% |
| Current portion of amounts payable after more than one year | 42 | - | €10,807 | +€10,807 | |
| Trade debts | 44 | €3,393 | €184 | -€3,209 | -94.6% |
| Suppliers | 440/4 | €3,393 | €184 | -€3,209 | -94.6% |
| Taxes, remuneration and social security | 45 | €3,470 | €11,165 | +€7,695 | +222% |
| Taxes | 450/3 | €3,470 | €9,965 | +€6,495 | +187% |
| Remuneration and social security | 454/9 | - | €1,200 | +€1,200 | |
| Other amounts payable | 47/48 | €1,392 | €803 | -€589 | -42.3% |
| Accrued charges and deferred income | 492/3 | - | €800 | +€800 | |
| Turnover | 70 | €23,859 | €82,955 | +€59,096 | +248% |
| Goods, raw materials, services and sundry goods | 60/61 | €11,107 | €50,125 | +€39,018 | +351% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,628 | +€4,628 | |
| Other operating charges | 640/8 | - | €149 | +€149 | |
| Gross operating margin | 9900 | €12,752 | €32,830 | +€20,078 | +157% |
| Operating profit (loss) | 9901 | €12,752 | €28,053 | +€15,301 | +120% |
| Financial charges | 65/66B | €27 | €1,049 | +€1,022 | +3,785% |
| Recurring financial charges | 65 | €27 | €1,049 | +€1,022 | +3,785% |
| Profit (loss) for the period before taxes | 9903 | €12,725 | €27,004 | +€14,279 | +112% |
| Income taxes | 67/77 | €3,470 | €6,495 | +€3,025 | +87.2% |
| Profit (loss) for the period | 9904 | €9,255 | €20,509 | +€11,254 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €9,255 | €20,509 | +€11,254 | +122% |
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 16 October 2026 via checked.be.