LOUIS ROGEZ: what changed
What changed
LOUIS ROGEZ
NACE 47.781, Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
filed annual accounts (NBB)
Net result for the year
€415,935
2024 · €407,476+€8,459
Equity
€3.5m
2024 · €3.1m+€415,035
Cash
€831,384
2024 · €951,647-€120,263
Balance sheet total
€5.6m
2024 · €4.6m+€932,183
Largest movements
Assets
- Current investments +€771,333
up €771,333 (+112%), from €685,878 to €1.5m
- Tangible fixed assets +€193,443
up €193,443 (+23.9%), from €809,501 to €1.0m
of which Leasing and similar rights: +€288,336
- Cash -€120,263
down €120,263 (-12.6%), from €951,647 to €831,384
mainly Current investments (-€771,333) and Investment in fixed assets (net) (-€334,126)
Equity and liabilities
- Reserves +€415,935
up €415,935 (+13.7%), from €3.0m to €3.4m
of which Distributable reserves: +€415,935
- Trade debts +€291,852
up €291,852 (+28.2%), from €1.0m to €1.3m
- Debts after one year +€110,874
up €110,874 (+40.6%), from €273,071 to €383,945
Income statement
- Gross operating margin +€69,765
up €69,765 (+7.7%), from €906,821 to €976,587
- Financial income -€26,757
down €26,757 (-43.4%), from €61,621 to €34,863
- Staff costs +€14,355
up €14,355 (+6.4%), from €225,668 to €240,023
- Write-downs +€12,131
up €12,131, from -€11,362 to €770
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€407,476
Gross operating margin
+€69,765
Staff costs
-€14,355
Depreciation
+€1,804
Write-downs
-€12,131
Other operating charges
+€1,437
Financial income
-€26,757
Financial charges
-€3,865
Taxes
-€7,439
Result 2025
€415,935
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€817,235
Investment
-€1.1m
Financing
+€167,960
Cash 2024
€951,647
From operations (derived)
+€817,235
Net result for the year
+€415,935
Depreciation
+€140,683
Stocks and contracts
-€44,400
Receivables within one year
-€52,969
Deferred charges and accrued income
+€9,699
Trade debts
+€291,852
Tax, wage and social debts
+€15,218
Advances received
+€41,218
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€334,126
Current investments
-€771,333
Financing
+€167,960
Debts after one year
+€110,874
Current portion of long-term debt
+€24,316
Short-term financial debts
+€33,670
Contributions, distributions and other
-€900
Cash 2025
€831,384
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,639,774 | €5,571,957 | +€932,183 | +20.1% |
| Fixed assets | 21/28 | €809,501 | €1,002,944 | +€193,443 | +23.9% |
| Tangible fixed assets | 22/27 | €809,501 | €1,002,944 | +€193,443 | +23.9% |
| Land and buildings | 22 | €464,564 | €422,701 | -€41,864 | -9.0% |
| Plant, machinery and equipment | 23 | €6,321 | €12,807 | +€6,487 | +103% |
| Furniture and vehicles | 24 | €304,617 | €232,048 | -€72,570 | -23.8% |
| Leasing and similar rights | 25 | - | €288,336 | +€288,336 | |
| Other tangible fixed assets | 26 | €33,998 | €47,052 | +€13,054 | +38.4% |
| Current assets | 29/58 | €3,830,273 | €4,569,013 | +€738,740 | +19.3% |
| Stocks and contracts in progress | 3 | €189,290 | €233,691 | +€44,400 | +23.5% |
| Stocks | 30/36 | €189,290 | €233,691 | +€44,400 | +23.5% |
| Amounts receivable within one year | 40/41 | €1,938,317 | €1,991,286 | +€52,969 | +2.7% |
| Trade receivables | 40 | €1,402,275 | €1,491,086 | +€88,811 | +6.3% |
| Other amounts receivable | 41 | €536,041 | €500,199 | -€35,842 | -6.7% |
| Current investments | 50/53 | €685,878 | €1,457,211 | +€771,333 | +112% |
| Cash at bank and in hand | 54/58 | €951,647 | €831,384 | -€120,263 | -12.6% |
| Deferred charges and accrued income | 490/1 | €65,141 | €55,442 | -€9,699 | -14.9% |
| Total equity and liabilities | 10/49 | €4,639,774 | €5,571,957 | +€932,183 | +20.1% |
| Equity | 10/15 | €3,094,113 | €3,509,148 | +€415,035 | +13.4% |
| Contributions | 10/11 | €55,776 | €55,776 | = | 0.0% |
| Reserves | 13 | €3,026,637 | €3,442,572 | +€415,935 | +13.7% |
| Non-distributable reserves | 130/1 | €22,361 | €22,361 | = | 0.0% |
| Reserves not available under the articles | 1311 | €22,361 | €22,361 | = | 0.0% |
| Distributable reserves | 133 | €3,004,276 | €3,420,211 | +€415,935 | +13.8% |
| Investment grants | 15 | €11,700 | €10,800 | -€900 | -7.7% |
| Amounts payable | 17/49 | €1,545,660 | €2,062,808 | +€517,148 | +33.5% |
| Amounts payable after more than one year | 17 | €273,071 | €383,945 | +€110,874 | +40.6% |
| Financial debts | 170/4 | €273,071 | €383,945 | +€110,874 | +40.6% |
| Amounts payable within one year | 42/48 | €1,272,589 | €1,678,863 | +€406,274 | +31.9% |
| Current portion of amounts payable after more than one year | 42 | €105,933 | €130,249 | +€24,316 | +23.0% |
| Financial debts | 43 | €1,859 | €35,529 | +€33,670 | +1,812% |
| Credit institutions | 430/8 | €1,859 | €35,529 | +€33,670 | +1,812% |
| Trade debts | 44 | €1,034,990 | €1,326,842 | +€291,852 | +28.2% |
| Suppliers | 440/4 | €1,034,990 | €1,326,842 | +€291,852 | +28.2% |
| Advances received on contracts in progress | 46 | €28,280 | €69,498 | +€41,218 | +146% |
| Taxes, remuneration and social security | 45 | €101,528 | €116,746 | +€15,218 | +15.0% |
| Taxes | 450/3 | €70,860 | €75,809 | +€4,949 | +7.0% |
| Remuneration and social security | 454/9 | €30,668 | €40,937 | +€10,269 | +33.5% |
| Non-recurring operating income | 76A | €3,716 | €0 | -€3,716 | -100% |
| Remuneration, social security and pensions | 62 | €225,668 | €240,023 | +€14,355 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,487 | €140,683 | -€1,804 | -1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€11,362 | €770 | +€12,131 | |
| Other operating charges | 640/8 | €19,566 | €18,129 | -€1,437 | -7.3% |
| Gross operating margin | 9900 | €906,821 | €976,587 | +€69,765 | +7.7% |
| Operating profit (loss) | 9901 | €530,463 | €576,983 | +€46,520 | +8.8% |
| Financial income | 75/76B | €61,621 | €34,863 | -€26,757 | -43.4% |
| Recurring financial income | 75 | €61,621 | €34,863 | -€26,757 | -43.4% |
| Financial charges | 65/66B | €11,240 | €15,104 | +€3,865 | +34.4% |
| Recurring financial charges | 65 | €11,240 | €15,104 | +€3,865 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | €580,844 | €596,742 | +€15,898 | +2.7% |
| Income taxes | 67/77 | €173,368 | €180,807 | +€7,439 | +4.3% |
| Profit (loss) for the period | 9904 | €407,476 | €415,935 | +€8,459 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €407,476 | €415,935 | +€8,459 | +2.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.