LUC ROGGEMAN: 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.
LUC ROGGEMAN
Largest movements
- Cash -€11,543
down €11,543 (-34.3%), from €33,613 to €22,070
mainly Net result for the year (-€7,589) and Investment in fixed assets (net) (-€5,081)
- Tangible fixed assets +€4,707
up €4,707 (+359.0%), from €1,311 to €6,018
- Financial fixed assets -€669
down €669 (-100.0%), from €669 to €0
- Receivables within one year +€633
up €633 (+776.8%), from €81 to €714
of which Trade receivables: +€577
- Profit (loss) carried forward -€7,589
down €7,589 (-500.8%), from -€1,515 to -€9,104
- Trade debts +€1,777
up €1,777 (+263.3%), from €675 to €2,452
- Tax, wage and social debts -€750
down €750 (-100.0%), from €750 to €0
- Other debts -€443
down €443 (-10.5%), from €4,232 to €3,789
- Gross operating margin -€2,299
down €2,299 (-66.7%), from -€3,445 to -€5,744
- Depreciation +€826
up €826 (+380.3%), from €217 to €1,043
- Financial charges +€102
up €102 (+151.2%), from €68 to €170
- Financial income +€81
up €81 (+54.7%), from €147 to €228
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.
Cash bridge derived
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 | €35,806 | €28,802 | -€7,004 | -19.6% |
| Fixed assets | 21/28 | €1,980 | €6,018 | +€4,038 | +204.0% |
| Tangible fixed assets | 22/27 | €1,311 | €6,018 | +€4,707 | +359.0% |
| Furniture and vehicles | 24 | €1,311 | €6,018 | +€4,707 | +359.0% |
| Financial fixed assets | 28 | €669 | €0 | -€669 | -100.0% |
| Current assets | 29/58 | €33,827 | €22,784 | -€11,043 | -32.6% |
| Amounts receivable within one year | 40/41 | €81 | €714 | +€633 | +776.8% |
| Trade receivables | 40 | €0 | €577 | +€577 | |
| Other amounts receivable | 41 | €81 | €137 | +€55 | +68.0% |
| Cash at bank and in hand | 54/58 | €33,613 | €22,070 | -€11,543 | -34.3% |
| Deferred charges and accrued income | 490/1 | €132 | €0 | -€132 | -100.0% |
| Total equity and liabilities | 10/49 | €35,806 | €28,802 | -€7,004 | -19.6% |
| Equity | 10/15 | €30,149 | €22,561 | -€7,589 | -25.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €13,073 | €13,073 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,528 | €1,528 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,528 | €1,528 | = | 0.0% |
| Distributable reserves | 133 | €11,544 | €11,544 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,515 | -€9,104 | -€7,589 | -500.8% |
| Amounts payable | 17/49 | €5,657 | €6,241 | +€585 | +10.3% |
| Amounts payable within one year | 42/48 | €5,657 | €6,241 | +€585 | +10.3% |
| Trade debts | 44 | €675 | €2,452 | +€1,777 | +263.3% |
| Suppliers | 440/4 | €675 | €2,452 | +€1,777 | +263.3% |
| Taxes, remuneration and social security | 45 | €750 | €0 | -€750 | -100.0% |
| Taxes | 450/3 | €750 | €0 | -€750 | -100.0% |
| Other amounts payable | 47/48 | €4,232 | €3,789 | -€443 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €217 | €1,043 | +€826 | +380.3% |
| Other operating charges | 640/8 | €839 | €860 | +€21 | +2.5% |
| Gross operating margin | 9900 | -€3,445 | -€5,744 | -€2,299 | -66.7% |
| Operating profit (loss) | 9901 | -€4,501 | -€7,647 | -€3,146 | -69.9% |
| Financial income | 75/76B | €147 | €228 | +€81 | +54.7% |
| Recurring financial income | 75 | €147 | €228 | +€81 | +54.7% |
| Financial charges | 65/66B | €68 | €170 | +€102 | +151.2% |
| Recurring financial charges | 65 | €68 | €170 | +€102 | +151.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,421 | -€7,589 | -€3,168 | -71.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€4,421 | -€7,589 | -€3,168 | -71.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,421 | -€7,589 | -€3,168 | -71.7% |
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 11 October 2026 via checked.be.