RoAn Concept: 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.
RoAn Concept
Largest movements
- Current investments +€70,000
new in 2026: €70,000
- Cash +€44,458
up €44,458 (+57.5%), from €77,380 to €121,838
mainly Debts after one year (+€69,697) and Net result for the year (+€43,454)
- Tangible fixed assets -€3,600
down €3,600 (-33.4%), from €10,770 to €7,170
- Receivables within one year -€2,670
down €2,670 (-12.9%), from €20,710 to €18,040
- Debts after one year +€69,697
up €69,697 (+697.0%), from €10,000 to €79,697
of which Financial debts: +€49,697
- Reserves +€42,654
up €42,654 (+71.9%), from €59,323 to €101,977
- Current portion of long-term debt +€10,303
new in 2026: €10,303
- Tax, wage and social debts -€9,750
down €9,750 (-48.7%), from €20,038 to €10,288
- Trade debts -€5,963
down €5,963 (-85.4%), from €6,985 to €1,023
- Gross operating margin +€13,245
up €13,245 (+26.3%), from €50,397 to €63,643
- Taxes +€2,082
up €2,082 (+17.1%), from €12,180 to €14,262
- Financial charges +€1,337
up €1,337 (+245.8%), from €544 to €1,881
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,510 | €217,593 | +€107,082 | +96.9% |
| Fixed assets | 21/28 | €10,770 | €7,170 | -€3,600 | -33.4% |
| Tangible fixed assets | 22/27 | €10,770 | €7,170 | -€3,600 | -33.4% |
| Furniture and vehicles | 24 | €10,770 | €7,170 | -€3,600 | -33.4% |
| Current assets | 29/58 | €99,740 | €210,422 | +€110,682 | +111.0% |
| Amounts receivable within one year | 40/41 | €20,710 | €18,040 | -€2,670 | -12.9% |
| Trade receivables | 40 | €20,710 | €18,040 | -€2,670 | -12.9% |
| Current investments | 50/53 | - | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €77,380 | €121,838 | +€44,458 | +57.5% |
| Deferred charges and accrued income | 490/1 | €1,649 | €544 | -€1,106 | -67.0% |
| Total equity and liabilities | 10/49 | €110,510 | €217,593 | +€107,082 | +96.9% |
| Equity | 10/15 | €64,323 | €106,977 | +€42,654 | +66.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €59,323 | €101,977 | +€42,654 | +71.9% |
| Distributable reserves | 133 | €59,323 | €101,977 | +€42,654 | +71.9% |
| Amounts payable | 17/49 | €46,187 | €110,616 | +€64,428 | +139.5% |
| Amounts payable after more than one year | 17 | €10,000 | €79,697 | +€69,697 | +697.0% |
| Financial debts | 170/4 | - | €49,697 | +€49,697 | |
| Other amounts payable | 178/9 | €10,000 | €30,000 | +€20,000 | +200.0% |
| Amounts payable within one year | 42/48 | €36,143 | €30,919 | -€5,224 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | - | €10,303 | +€10,303 | |
| Trade debts | 44 | €6,985 | €1,023 | -€5,963 | -85.4% |
| Suppliers | 440/4 | €6,985 | €1,023 | -€5,963 | -85.4% |
| Taxes, remuneration and social security | 45 | €20,038 | €10,288 | -€9,750 | -48.7% |
| Taxes | 450/3 | €20,038 | €10,288 | -€9,750 | -48.7% |
| Other amounts payable | 47/48 | €9,120 | €9,305 | +€185 | +2.0% |
| Accrued charges and deferred income | 492/3 | €44 | - | -€44 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,600 | €3,600 | = | 0.0% |
| Other operating charges | 640/8 | €669 | €484 | -€184 | -27.6% |
| Gross operating margin | 9900 | €50,397 | €63,643 | +€13,245 | +26.3% |
| Operating profit (loss) | 9901 | €46,129 | €59,558 | +€13,430 | +29.1% |
| Financial income | 75/76B | €0 | €39 | +€38 | +19160.0% |
| Recurring financial income | 75 | €0 | €39 | +€38 | +19160.0% |
| Financial charges | 65/66B | €544 | €1,881 | +€1,337 | +245.8% |
| Recurring financial charges | 65 | €544 | €1,881 | +€1,337 | +245.8% |
| Profit (loss) for the period before taxes | 9903 | €45,585 | €57,716 | +€12,131 | +26.6% |
| Income taxes | 67/77 | €12,180 | €14,262 | +€2,082 | +17.1% |
| Profit (loss) for the period | 9904 | €33,405 | €43,454 | +€10,049 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,405 | €43,454 | +€10,049 | +30.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.