IMMO ROVABO: 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.
IMMO ROVABO
Largest movements
- Cash -€17,342
down €17,342 (-97.9%), from €17,706 to €364
mainly Contributions, distributions and other (-€39,661) and Debts after one year (-€37,794)
- Tangible fixed assets -€16,985
down €16,985 (-2.8%), from €604,900 to €587,915
- Debts after one year -€37,794
down €37,794 (-8.9%), from €422,335 to €384,541
- Reserves -€10,231
down €10,231 (-25.8%), from €39,661 to €29,430
- Other debts +€8,712
up €8,712 (+8.6%), from €100,892 to €109,604
- Taxes +€3,294
up €3,294 (+31.6%), from €10,440 to €13,734
- Gross operating margin +€815
up €815 (+1.1%), from €74,046 to €74,861
- Financial charges -€758
down €758 (-7.7%), from €9,864 to €9,106
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 | €623,127 | €588,339 | -€34,788 | -5.6% |
| Fixed assets | 21/28 | €604,900 | €587,915 | -€16,985 | -2.8% |
| Tangible fixed assets | 22/27 | €604,900 | €587,915 | -€16,985 | -2.8% |
| Land and buildings | 22 | €604,900 | €587,915 | -€16,985 | -2.8% |
| Current assets | 29/58 | €18,227 | €424 | -€17,802 | -97.7% |
| Amounts receivable within one year | 40/41 | €521 | €60 | -€461 | -88.4% |
| Other amounts receivable | 41 | €521 | €60 | -€461 | -88.4% |
| Cash at bank and in hand | 54/58 | €17,706 | €364 | -€17,342 | -97.9% |
| Total equity and liabilities | 10/49 | €623,127 | €588,339 | -€34,788 | -5.6% |
| Equity | 10/15 | €58,261 | €48,030 | -€10,231 | -17.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,661 | €29,430 | -€10,231 | -25.8% |
| Distributable reserves | 133 | €39,661 | €29,430 | -€10,231 | -25.8% |
| Amounts payable | 17/49 | €564,866 | €540,309 | -€24,557 | -4.3% |
| Amounts payable after more than one year | 17 | €422,335 | €384,541 | -€37,794 | -8.9% |
| Financial debts | 170/4 | €422,335 | €384,541 | -€37,794 | -8.9% |
| Amounts payable within one year | 42/48 | €142,531 | €155,768 | +€13,237 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €37,044 | €37,794 | +€751 | +2.0% |
| Trade debts | 44 | €4,595 | €4,637 | +€41 | +0.9% |
| Suppliers | 440/4 | €4,595 | €4,637 | +€41 | +0.9% |
| Taxes, remuneration and social security | 45 | - | €3,734 | +€3,734 | |
| Taxes | 450/3 | - | €3,734 | +€3,734 | |
| Other amounts payable | 47/48 | €100,892 | €109,604 | +€8,712 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,985 | €16,985 | = | 0.0% |
| Other operating charges | 640/8 | €5,437 | €5,606 | +€168 | +3.1% |
| Gross operating margin | 9900 | €74,046 | €74,861 | +€815 | +1.1% |
| Operating profit (loss) | 9901 | €51,623 | €52,270 | +€647 | +1.3% |
| Financial charges | 65/66B | €9,864 | €9,106 | -€758 | -7.7% |
| Recurring financial charges | 65 | €9,864 | €9,106 | -€758 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €41,759 | €43,164 | +€1,405 | +3.4% |
| Income taxes | 67/77 | €10,440 | €13,734 | +€3,294 | +31.6% |
| Profit (loss) for the period | 9904 | €31,319 | €29,430 | -€1,889 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,319 | €29,430 | -€1,889 | -6.0% |
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 19 October 2026 via checked.be.