ROCAVER: 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
ROCAVER
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€37,893
2024 · €133,763-€171,656
Equity
-€77,821
2024 · -€39,927-€37,893
Cash
€16,606
2024 · €16,303+€304
Balance sheet total
€1.6m
2024 · €1.7m-€76,737
Largest movements
Assets
- Tangible fixed assets -€77,336
down €77,336 (-4.8%), from €1.6m to €1.5m
Equity and liabilities
- Debts after one year -€72,321
down €72,321 (-10.8%), from €671,519 to €599,198
of which Financial debts: -€79,896
- Other debts +€62,223
up €62,223 (+6.9%), from €904,231 to €966,454
- Profit (loss) carried forward -€37,893
down €37,893 (-17.0%), from -€222,799 to -€260,693
- Trade debts -€30,181
down €30,181 (-83.6%), from €36,111 to €5,930
Income statement
- Gross operating margin -€189,133
down €189,133 (-64.4%), from €293,790 to €104,657
- Depreciation -€18,204
down €18,204 (-15.5%), from €117,460 to €99,257
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.
Result 2024
€133,763
Gross operating margin
-€189,133
Depreciation
+€18,204
Other operating charges
-€1,368
Financial income
+€8
Financial charges
+€96
Taxes
+€537
Result 2025
-€37,893
Cash bridge derived
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
+€93,192
Investment
-€21,921
Financing
-€70,968
Cash 2024
€16,303
From operations (derived)
+€93,192
Net result for the year
-€37,893
Depreciation
+€99,257
Receivables within one year
+€1,439
Deferred charges and accrued income
-€1,735
Trade debts
-€30,181
Tax, wage and social debts
-€773
Other debts
+€62,223
Accrued charges and deferred income
+€855
Investment (derived)
-€21,921
Investment in fixed assets (net)
-€21,921
Financing
-€70,968
Debts after one year
-€72,321
Current portion of long-term debt
+€1,354
Cash 2025
€16,606
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,653,691 | €1,576,954 | -€76,737 | -4.6% |
| Fixed assets | 21/28 | €1,625,767 | €1,548,431 | -€77,336 | -4.8% |
| Tangible fixed assets | 22/27 | €1,623,467 | €1,546,131 | -€77,336 | -4.8% |
| Land and buildings | 22 | €1,623,467 | €1,546,131 | -€77,336 | -4.8% |
| Financial fixed assets | 28 | €2,300 | €2,300 | = | 0.0% |
| Current assets | 29/58 | €27,924 | €28,523 | +€599 | +2.1% |
| Amounts receivable within one year | 40/41 | €6,867 | €5,427 | -€1,439 | -21.0% |
| Trade receivables | 40 | €6,867 | €5,056 | -€1,811 | -26.4% |
| Other amounts receivable | 41 | - | €372 | +€372 | |
| Cash at bank and in hand | 54/58 | €16,303 | €16,606 | +€304 | +1.9% |
| Deferred charges and accrued income | 490/1 | €4,754 | €6,489 | +€1,735 | +36.5% |
| Total equity and liabilities | 10/49 | €1,653,691 | €1,576,954 | -€76,737 | -4.6% |
| Equity | 10/15 | -€39,927 | -€77,821 | -€37,893 | -94.9% |
| Contributions | 10/11 | €95,734 | €95,734 | = | 0.0% |
| Capital | 10 | €95,734 | €95,734 | = | 0.0% |
| Issued capital | 100 | €95,734 | €95,734 | = | 0.0% |
| Reserves | 13 | €87,138 | €87,138 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,573 | €9,573 | = | 0.0% |
| Legal reserve | 130 | €9,573 | €9,573 | = | 0.0% |
| Distributable reserves | 133 | €77,565 | €77,565 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€222,799 | -€260,693 | -€37,893 | -17.0% |
| Amounts payable | 17/49 | €1,693,618 | €1,654,775 | -€38,843 | -2.3% |
| Amounts payable after more than one year | 17 | €671,519 | €599,198 | -€72,321 | -10.8% |
| Financial debts | 170/4 | €671,519 | €591,623 | -€79,896 | -11.9% |
| Other amounts payable | 178/9 | - | €7,575 | +€7,575 | |
| Amounts payable within one year | 42/48 | €1,020,599 | €1,053,222 | +€32,623 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €78,542 | €79,896 | +€1,354 | +1.7% |
| Trade debts | 44 | €36,111 | €5,930 | -€30,181 | -83.6% |
| Suppliers | 440/4 | €36,111 | €5,930 | -€30,181 | -83.6% |
| Taxes, remuneration and social security | 45 | €1,714 | €941 | -€773 | -45.1% |
| Taxes | 450/3 | €1,714 | €941 | -€773 | -45.1% |
| Other amounts payable | 47/48 | €904,231 | €966,454 | +€62,223 | +6.9% |
| Accrued charges and deferred income | 492/3 | €1,500 | €2,355 | +€855 | +57.0% |
| Non-recurring operating income | 76A | €215,888 | €1,000 | -€214,888 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,460 | €99,257 | -€18,204 | -15.5% |
| Other operating charges | 640/8 | €29,200 | €30,568 | +€1,368 | +4.7% |
| Gross operating margin | 9900 | €293,790 | €104,657 | -€189,133 | -64.4% |
| Operating profit (loss) | 9901 | €147,130 | -€25,167 | -€172,297 | |
| Financial income | 75/76B | €150 | €158 | +€8 | +5.3% |
| Recurring financial income | 75 | €150 | €158 | +€8 | +5.3% |
| Financial charges | 65/66B | €12,518 | €12,422 | -€96 | -0.8% |
| Recurring financial charges | 65 | €12,518 | €12,422 | -€96 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €134,763 | -€37,431 | -€172,193 | |
| Income taxes | 67/77 | €1,000 | €463 | -€537 | -53.7% |
| Profit (loss) for the period | 9904 | €133,763 | -€37,893 | -€171,656 | |
| Profit (loss) for the period to be appropriated | 9905 | €133,763 | -€37,893 | -€171,656 |
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 5 October 2026 via checked.be.