ROCA: 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.
ROCA
Largest movements
- Receivables within one year -€472,856
down €472,856 (-78.7%), from €600,649 to €127,793
of which Trade receivables: -€432,672
- Cash +€320,253
up €320,253 (+174.6%), from €183,371 to €503,624
mainly Receivables within one year (+€472,856) and Debts after one year (+€197,611)
- Stocks and contracts +€134,535
up €134,535 (+61.6%), from €218,477 to €353,012
- Tangible fixed assets -€38,904
down €38,904 (-5.2%), from €751,675 to €712,771
of which Plant, machinery and equipment: -€23,622
- Debts after one year +€197,611
up €197,611 (+30.7%), from €643,419 to €841,030
- Trade debts -€168,713
down €168,713 (-45.9%), from €367,843 to €199,129
- Accrued charges and deferred income -€113,550
down €113,550 (-73.5%), from €154,525 to €40,975
- Reserves +€64,279
up €64,279 (+13.8%), from €466,032 to €530,310
- Tax, wage and social debts -€21,607
down €21,607 (-49.0%), from €44,098 to €22,491
- Gross operating margin -€44,535
down €44,535 (-5.2%), from €855,789 to €811,253
- Financial charges -€35,470
down €35,470 (-33.3%), from €106,499 to €71,029
- Depreciation -€26,623
down €26,623 (-48.3%), from €55,090 to €28,466
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,763,135 | €1,708,612 | -€54,524 | -3.1% |
| Fixed assets | 21/28 | €751,824 | €712,920 | -€38,904 | -5.2% |
| Tangible fixed assets | 22/27 | €751,675 | €712,771 | -€38,904 | -5.2% |
| Land and buildings | 22 | €677,532 | €658,042 | -€19,490 | -2.9% |
| Plant, machinery and equipment | 23 | €47,448 | €23,826 | -€23,622 | -49.8% |
| Furniture and vehicles | 24 | €10,617 | €30,904 | +€20,287 | +191.1% |
| Leasing and similar rights | 25 | €16,079 | - | -€16,079 | |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €1,011,311 | €995,691 | -€15,620 | -1.5% |
| Stocks and contracts in progress | 3 | €218,477 | €353,012 | +€134,535 | +61.6% |
| Stocks | 30/36 | €218,477 | €353,012 | +€134,535 | +61.6% |
| Amounts receivable within one year | 40/41 | €600,649 | €127,793 | -€472,856 | -78.7% |
| Trade receivables | 40 | €461,839 | €29,167 | -€432,672 | -93.7% |
| Other amounts receivable | 41 | €138,810 | €98,625 | -€40,184 | -28.9% |
| Cash at bank and in hand | 54/58 | €183,371 | €503,624 | +€320,253 | +174.6% |
| Deferred charges and accrued income | 490/1 | €8,814 | €11,263 | +€2,448 | +27.8% |
| Total equity and liabilities | 10/49 | €1,763,135 | €1,708,612 | -€54,524 | -3.1% |
| Equity | 10/15 | €484,632 | €548,910 | +€64,279 | +13.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €466,032 | €530,310 | +€64,279 | +13.8% |
| Distributable reserves | 133 | €466,032 | €530,310 | +€64,279 | +13.8% |
| Amounts payable | 17/49 | €1,278,504 | €1,159,701 | -€118,802 | -9.3% |
| Amounts payable after more than one year | 17 | €643,419 | €841,030 | +€197,611 | +30.7% |
| Financial debts | 170/4 | €643,419 | €841,030 | +€197,611 | +30.7% |
| Amounts payable within one year | 42/48 | €480,559 | €277,696 | -€202,863 | -42.2% |
| Current portion of amounts payable after more than one year | 42 | €60,973 | €45,871 | -€15,102 | -24.8% |
| Financial debts | 43 | €7,645 | €10,205 | +€2,560 | +33.5% |
| Credit institutions | 430/8 | €7,645 | €10,205 | +€2,560 | +33.5% |
| Trade debts | 44 | €367,843 | €199,129 | -€168,713 | -45.9% |
| Suppliers | 440/4 | €367,843 | €199,129 | -€168,713 | -45.9% |
| Taxes, remuneration and social security | 45 | €44,098 | €22,491 | -€21,607 | -49.0% |
| Remuneration and social security | 454/9 | €44,098 | €22,491 | -€21,607 | -49.0% |
| Accrued charges and deferred income | 492/3 | €154,525 | €40,975 | -€113,550 | -73.5% |
| Non-recurring operating income | 76A | €4,423 | €10,835 | +€6,412 | +145.0% |
| Remuneration, social security and pensions | 62 | €535,437 | €533,677 | -€1,760 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,090 | €28,466 | -€26,623 | -48.3% |
| Other operating charges | 640/8 | €8,211 | €8,543 | +€332 | +4.0% |
| Non-recurring operating charges | 66A | - | €28,840 | +€28,840 | |
| Gross operating margin | 9900 | €855,789 | €811,253 | -€44,535 | -5.2% |
| Operating profit (loss) | 9901 | €257,051 | €211,727 | -€45,323 | -17.6% |
| Financial income | 75/76B | €53 | €2,009 | +€1,957 | +3718.3% |
| Recurring financial income | 75 | €53 | €2,009 | +€1,957 | +3718.3% |
| Financial charges | 65/66B | €106,499 | €71,029 | -€35,470 | -33.3% |
| Recurring financial charges | 65 | €106,499 | €71,029 | -€35,470 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | €150,604 | €142,707 | -€7,897 | -5.2% |
| Income taxes | 67/77 | €49,052 | €45,132 | -€3,920 | -8.0% |
| Profit (loss) for the period | 9904 | €101,552 | €97,575 | -€3,977 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €101,552 | €97,575 | -€3,977 | -3.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.