J. ROEGIEST: 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.
J. ROEGIEST
Largest movements
- Tangible fixed assets -€7,065
down €7,065 (-25.3%), from €27,906 to €20,841
of which Furniture and vehicles: -€5,170
- Cash +€3,604
up €3,604 (+38.7%), from €9,321 to €12,925
mainly Depreciation (+€7,065) and Tax, wage and social debts (+€2,698)
- Receivables within one year +€2,589
up €2,589 (+18.0%), from €14,389 to €16,978
of which Trade receivables: +€3,211
- Debts after one year -€5,000
down €5,000 (-34.3%), from €14,583 to €9,583
- Tax, wage and social debts +€2,698
up €2,698 (+127%), from €2,122 to €4,820
- Trade debts +€835
up €835 (+88.9%), from €940 to €1,775
- Other debts +€710
up €710 (+18.6%), from €3,810 to €4,520
- Gross operating margin +€19,732
up €19,732, from -€5,667 to €14,064
- Depreciation +€1,591
up €1,591 (+29.1%), from €5,474 to €7,065
- Staff costs -€571
down €571 (-85.2%), from €670 to €99
- Financial charges -€306
down €306 (-22.3%), from €1,373 to €1,067
- Other operating charges +€294
up €294 (+5.1%), from €5,723 to €6,017
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 | €56,021 | €54,808 | -€1,213 | -2.2% |
| Fixed assets | 21/28 | €31,656 | €24,591 | -€7,065 | -22.3% |
| Tangible fixed assets | 22/27 | €27,906 | €20,841 | -€7,065 | -25.3% |
| Plant, machinery and equipment | 23 | €4,172 | €2,277 | -€1,895 | -45.4% |
| Furniture and vehicles | 24 | €23,734 | €18,564 | -€5,170 | -21.8% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €24,365 | €30,217 | +€5,852 | +24.0% |
| Amounts receivable within one year | 40/41 | €14,389 | €16,978 | +€2,589 | +18.0% |
| Trade receivables | 40 | €13,767 | €16,978 | +€3,211 | +23.3% |
| Other amounts receivable | 41 | €622 | - | -€622 | |
| Cash at bank and in hand | 54/58 | €9,321 | €12,925 | +€3,604 | +38.7% |
| Deferred charges and accrued income | 490/1 | €655 | €314 | -€341 | -52.1% |
| Total equity and liabilities | 10/49 | €56,021 | €54,808 | -€1,213 | -2.2% |
| Equity | 10/15 | €29,566 | €29,110 | -€456 | -1.5% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €23,361 | €22,905 | -€456 | -2.0% |
| Distributable reserves | 133 | €23,361 | €22,905 | -€456 | -2.0% |
| Amounts payable | 17/49 | €26,455 | €25,698 | -€757 | -2.9% |
| Amounts payable after more than one year | 17 | €14,583 | €9,583 | -€5,000 | -34.3% |
| Financial debts | 170/4 | €14,583 | €9,583 | -€5,000 | -34.3% |
| Amounts payable within one year | 42/48 | €11,872 | €16,114 | +€4,243 | +35.7% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €940 | €1,775 | +€835 | +88.9% |
| Suppliers | 440/4 | €940 | €1,775 | +€835 | +88.9% |
| Taxes, remuneration and social security | 45 | €2,122 | €4,820 | +€2,698 | +127% |
| Taxes | 450/3 | €2,122 | €4,820 | +€2,698 | +127% |
| Other amounts payable | 47/48 | €3,810 | €4,520 | +€710 | +18.6% |
| Remuneration, social security and pensions | 62 | €670 | €99 | -€571 | -85.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,474 | €7,065 | +€1,591 | +29.1% |
| Other operating charges | 640/8 | €5,723 | €6,017 | +€294 | +5.1% |
| Gross operating margin | 9900 | -€5,667 | €14,064 | +€19,732 | |
| Operating profit (loss) | 9901 | -€17,535 | €883 | +€18,418 | |
| Financial charges | 65/66B | €1,373 | €1,067 | -€306 | -22.3% |
| Recurring financial charges | 65 | €1,373 | €1,067 | -€306 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,908 | -€184 | +€18,724 | +99.0% |
| Income taxes | 67/77 | €277 | €272 | -€5 | -1.9% |
| Profit (loss) for the period | 9904 | -€19,185 | -€456 | +€18,729 | +97.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,185 | -€456 | +€18,729 | +97.6% |
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 19 October 2026 via checked.be.