Roax: 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.
Roax
Largest movements
- Cash +€25,092
up €25,092 (+17.6%), from €142,760 to €167,852
mainly Net result for the year (+€24,291) and Other debts (+€12,799)
- Tangible fixed assets +€5,456
up €5,456 (+12.0%), from €45,374 to €50,830
of which Furniture and vehicles: +€4,249
- Other debts +€12,799
up €12,799 (+16.5%), from €77,502 to €90,301
- Trade debts +€10,160
up €10,160 (+695%), from €1,462 to €11,622
- Reserves +€9,491
up €9,491 (+8.4%), from €113,486 to €122,977
- Gross operating margin +€27,361
up €27,361 (+101%), from €27,075 to €54,437
- Taxes +€9,816
up €9,816 (+295%), from €3,326 to €13,142
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 | €218,112 | €252,436 | +€34,323 | +15.7% |
| Fixed assets | 21/28 | €45,374 | €50,830 | +€5,456 | +12.0% |
| Tangible fixed assets | 22/27 | €45,374 | €50,830 | +€5,456 | +12.0% |
| Plant, machinery and equipment | 23 | €12,213 | €13,420 | +€1,207 | +9.9% |
| Furniture and vehicles | 24 | €33,161 | €37,410 | +€4,249 | +12.8% |
| Current assets | 29/58 | €172,738 | €201,605 | +€28,867 | +16.7% |
| Amounts receivable within one year | 40/41 | €28,068 | €29,414 | +€1,347 | +4.8% |
| Trade receivables | 40 | €24,394 | €25,740 | +€1,347 | +5.5% |
| Other amounts receivable | 41 | €3,674 | €3,674 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €142,760 | €167,852 | +€25,092 | +17.6% |
| Deferred charges and accrued income | 490/1 | €1,911 | €4,339 | +€2,428 | +127% |
| Total equity and liabilities | 10/49 | €218,112 | €252,436 | +€34,323 | +15.7% |
| Equity | 10/15 | €125,886 | €135,377 | +€9,491 | +7.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €113,486 | €122,977 | +€9,491 | +8.4% |
| Distributable reserves | 133 | €113,486 | €122,977 | +€9,491 | +8.4% |
| Amounts payable | 17/49 | €92,226 | €117,058 | +€24,832 | +26.9% |
| Amounts payable within one year | 42/48 | €91,966 | €116,670 | +€24,704 | +26.9% |
| Trade debts | 44 | €1,462 | €11,622 | +€10,160 | +695% |
| Suppliers | 440/4 | €1,462 | €11,622 | +€10,160 | +695% |
| Taxes, remuneration and social security | 45 | €13,002 | €14,747 | +€1,746 | +13.4% |
| Taxes | 450/3 | €13,002 | €14,747 | +€1,746 | +13.4% |
| Other amounts payable | 47/48 | €77,502 | €90,301 | +€12,799 | +16.5% |
| Accrued charges and deferred income | 492/3 | €260 | €388 | +€128 | +49.2% |
| Non-recurring operating income | 76A | - | €3,726 | +€3,726 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,048 | €10,841 | -€207 | -1.9% |
| Other operating charges | 640/8 | €1,299 | €1,630 | +€331 | +25.5% |
| Gross operating margin | 9900 | €27,075 | €54,437 | +€27,361 | +101% |
| Operating profit (loss) | 9901 | €14,728 | €41,965 | +€27,237 | +185% |
| Financial income | 75/76B | €0 | €29 | +€29 | +6,287% |
| Recurring financial income | 75 | €0 | €29 | +€29 | +6,287% |
| Financial charges | 65/66B | €5,057 | €4,562 | -€495 | -9.8% |
| Recurring financial charges | 65 | €5,057 | €4,562 | -€495 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €9,672 | €37,433 | +€27,761 | +287% |
| Income taxes | 67/77 | €3,326 | €13,142 | +€9,816 | +295% |
| Profit (loss) for the period | 9904 | €6,346 | €24,291 | +€17,945 | +283% |
| Profit (loss) for the period to be appropriated | 9905 | €6,346 | €24,291 | +€17,945 | +283% |
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 15 October 2026 via checked.be.