ROC: 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.
ROC
Largest movements
- Receivables within one year -€43,735
down €43,735 (-39.2%), from €111,594 to €67,858
of which Other amounts receivable: -€34,943
- Cash -€13,248
down €13,248 (-24.3%), from €54,563 to €41,315
mainly Contributions, distributions and other (-€45,000) and Other debts (-€38,020)
- Intangible fixed assets +€3,305
up €3,305 (+66.2%), from €4,990 to €8,295
- Other debts -€38,020
down €38,020 (-42.3%), from €89,812 to €51,792
- Current portion of long-term debt -€18,151
down €18,151 (-71.9%), from €25,257 to €7,106
- Profit (loss) carried forward +€9,759
up €9,759 (+21.4%), from €45,688 to €55,447
- Debts after one year -€7,106
down €7,106 (-6.2%), from €114,469 to €107,363
- Gross operating margin -€60,241
down €60,241 (-43.3%), from €139,042 to €78,801
- Taxes -€5,483
down €5,483 (-47.3%), from €11,599 to €6,116
- Other operating charges -€3,362
down €3,362 (-59.2%), from €5,679 to €2,317
- Depreciation +€2,940
up €2,940 (+39.8%), from €7,391 to €10,330
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 | €297,324 | €244,168 | -€53,156 | -17.9% |
| Fixed assets | 21/28 | €130,161 | €133,271 | +€3,110 | +2.4% |
| Intangible fixed assets | 21 | €4,990 | €8,295 | +€3,305 | +66.2% |
| Tangible fixed assets | 22/27 | €123,971 | €123,776 | -€195 | -0.2% |
| Land and buildings | 22 | €122,370 | €115,109 | -€7,261 | -5.9% |
| Furniture and vehicles | 24 | €1,601 | €8,666 | +€7,066 | +441% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €167,163 | €110,896 | -€56,266 | -33.7% |
| Amounts receivable within one year | 40/41 | €111,594 | €67,858 | -€43,735 | -39.2% |
| Trade receivables | 40 | €66,259 | €57,467 | -€8,793 | -13.3% |
| Other amounts receivable | 41 | €45,334 | €10,392 | -€34,943 | -77.1% |
| Cash at bank and in hand | 54/58 | €54,563 | €41,315 | -€13,248 | -24.3% |
| Deferred charges and accrued income | 490/1 | €1,005 | €1,723 | +€718 | +71.4% |
| Total equity and liabilities | 10/49 | €297,324 | €244,168 | -€53,156 | -17.9% |
| Equity | 10/15 | €53,748 | €63,507 | +€9,759 | +18.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,688 | €55,447 | +€9,759 | +21.4% |
| Amounts payable | 17/49 | €243,575 | €180,661 | -€62,915 | -25.8% |
| Amounts payable after more than one year | 17 | €114,469 | €107,363 | -€7,106 | -6.2% |
| Financial debts | 170/4 | €114,469 | €107,363 | -€7,106 | -6.2% |
| Amounts payable within one year | 42/48 | €129,106 | €73,298 | -€55,808 | -43.2% |
| Current portion of amounts payable after more than one year | 42 | €25,257 | €7,106 | -€18,151 | -71.9% |
| Trade debts | 44 | €13,886 | €13,943 | +€57 | +0.4% |
| Suppliers | 440/4 | €13,886 | €13,943 | +€57 | +0.4% |
| Taxes, remuneration and social security | 45 | €151 | €456 | +€305 | +202% |
| Taxes | 450/3 | €151 | €456 | +€305 | +202% |
| Other amounts payable | 47/48 | €89,812 | €51,792 | -€38,020 | -42.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,391 | €10,330 | +€2,940 | +39.8% |
| Other operating charges | 640/8 | €5,679 | €2,317 | -€3,362 | -59.2% |
| Gross operating margin | 9900 | €139,042 | €78,801 | -€60,241 | -43.3% |
| Operating profit (loss) | 9901 | €125,973 | €66,153 | -€59,819 | -47.5% |
| Financial charges | 65/66B | €6,086 | €5,279 | -€808 | -13.3% |
| Recurring financial charges | 65 | €6,086 | €5,279 | -€808 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €119,886 | €60,875 | -€59,012 | -49.2% |
| Income taxes | 67/77 | €11,599 | €6,116 | -€5,483 | -47.3% |
| Profit (loss) for the period | 9904 | €108,287 | €54,759 | -€53,529 | -49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €108,287 | €54,759 | -€53,529 | -49.4% |
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 25 October 2026 via checked.be.