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RO.VI: what changed

Two fiscal 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.

What changed

RO.VI

BE 0723.802.419
NACE 47.770, Retail sale of watches and jewellery
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10,782
2024 · €9,347+€1,435
Equity
€55,611
2024 · €44,829+€10,782
Cash
€10,036
2024 · €21,522-€11,486
Balance sheet total
€371,952
2024 · €401,387-€29,435

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€24,700

    down €24,700 (-8.3%), from €299,016 to €274,316

  • Cash -€11,486

    down €11,486 (-53.4%), from €21,522 to €10,036

    mainly Debts after one year (-€41,089) and Stocks and contracts (-€4,968)

  • Stocks and contracts +€4,968

    up €4,968 (+6.3%), from €78,988 to €83,956

Equity and liabilities
  • Debts after one year -€41,089

    down €41,089 (-17.9%), from €230,092 to €189,003

  • Profit (loss) carried forward +€10,782

    up €10,782 (+64.9%), from €16,625 to €27,407

  • Tax, wage and social debts +€4,692

    up €4,692 (+26.1%), from €17,985 to €22,677

    of which Remuneration and social security: +€6,762

Income statement
  • Write-downs -€14,716

    down €14,716, from €7,358 to -€7,358

  • Gross operating margin -€13,541

    down €13,541 (-10.8%), from €125,106 to €111,565

  • Turnover -€7,247

    down €7,247 (-3.4%), from €214,789 to €207,542

  • Purchases and services +€6,462

    up €6,462 (+5.1%), from €126,722 to €133,184

  • Staff costs +€3,360

    up €3,360 (+4.9%), from €67,990 to €71,350

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €9,347
Gross operating margin -€13,541
Staff costs -€3,360
Depreciation +€1,245
Write-downs +€14,716
Other operating charges -€660
Financial charges +€1,137
Taxes +€1,898
Result 2025 €10,782

Cash bridge derived

cash 2024 to 2025

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.

From operations +€29,816
Investment €0
Financing -€41,302
Cash 2024 €21,522
Net result for the year +€10,782
Depreciation +€24,700
Stocks and contracts -€4,968
Receivables within one year +€1,134
Deferred charges and accrued income -€2,917
Trade debts -€2,789
Tax, wage and social debts +€4,692
Advances received -€261
Other debts -€557
Debts after one year -€41,089
Current portion of long-term debt -€213
Cash 2025 €10,036
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €401,387 €371,952 -€29,435 -7.3%
Fixed assets 21/28 €299,234 €274,534 -€24,700 -8.3%
Tangible fixed assets 22/27 €299,016 €274,316 -€24,700 -8.3%
Land and buildings 22 €164,797 €154,993 -€9,804 -5.9%
Leasing and similar rights 25 €9,020 €2,866 -€6,154 -68.2%
Other tangible fixed assets 26 €125,199 €116,457 -€8,742 -7.0%
Financial fixed assets 28 €218 €218 = 0.0%
Current assets 29/58 €102,153 €97,418 -€4,735 -4.6%
Stocks and contracts in progress 3 €78,988 €83,956 +€4,968 +6.3%
Stocks 30/36 €78,988 €83,956 +€4,968 +6.3%
Amounts receivable within one year 40/41 €1,134 - -€1,134
Trade receivables 40 €1,134 - -€1,134
Cash at bank and in hand 54/58 €21,522 €10,036 -€11,486 -53.4%
Deferred charges and accrued income 490/1 €509 €3,426 +€2,917 +573.1%
Total equity and liabilities 10/49 €401,387 €371,952 -€29,435 -7.3%
Equity 10/15 €44,829 €55,611 +€10,782 +24.1%
Contributions 10/11 €28,204 €28,204 = 0.0%
Profit (loss) carried forward 14 €16,625 €27,407 +€10,782 +64.9%
Amounts payable 17/49 €356,558 €316,341 -€40,217 -11.3%
Amounts payable after more than one year 17 €230,092 €189,003 -€41,089 -17.9%
Financial debts 170/4 €230,092 €189,003 -€41,089 -17.9%
Amounts payable within one year 42/48 €126,466 €127,338 +€872 +0.7%
Current portion of amounts payable after more than one year 42 €38,096 €37,883 -€213 -0.6%
Trade debts 44 €27,045 €24,256 -€2,789 -10.3%
Suppliers 440/4 €27,045 €24,256 -€2,789 -10.3%
Advances received on contracts in progress 46 €2,730 €2,469 -€261 -9.6%
Taxes, remuneration and social security 45 €17,985 €22,677 +€4,692 +26.1%
Taxes 450/3 €9,541 €7,471 -€2,070 -21.7%
Remuneration and social security 454/9 €8,444 €15,206 +€6,762 +80.1%
Other amounts payable 47/48 €40,610 €40,053 -€557 -1.4%
Turnover 70 €214,789 €207,542 -€7,247 -3.4%
Goods, raw materials, services and sundry goods 60/61 €126,722 €133,184 +€6,462 +5.1%
Remuneration, social security and pensions 62 €67,990 €71,350 +€3,360 +4.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €25,945 €24,700 -€1,245 -4.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 €7,358 -€7,358 -€14,716
Other operating charges 640/8 €3,229 €3,889 +€660 +20.4%
Gross operating margin 9900 €125,106 €111,565 -€13,541 -10.8%
Operating profit (loss) 9901 €20,584 €18,984 -€1,600 -7.8%
Financial income 75/76B €3 €3 = 0.0%
Recurring financial income 75 €3 €3 = 0.0%
Financial charges 65/66B €9,290 €8,153 -€1,137 -12.2%
Recurring financial charges 65 €9,290 €8,153 -€1,137 -12.2%
Profit (loss) for the period before taxes 9903 €11,297 €10,834 -€463 -4.1%
Income taxes 67/77 €1,950 €52 -€1,898 -97.3%
Profit (loss) for the period 9904 €9,347 €10,782 +€1,435 +15.4%
Profit (loss) for the period to be appropriated 9905 €9,347 €10,782 +€1,435 +15.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.