ROCC: 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.
ROCC
Largest movements
- Receivables within one year +€25,183
up €25,183 (+80.3%), from €31,362 to €56,544
of which Trade receivables: +€13,652
- Tangible fixed assets -€15,425
down €15,425 (-8.9%), from €174,217 to €158,792
of which Land and buildings: -€10,692
- Stocks and contracts -€11,984
down €11,984 (-25.3%), from €47,440 to €35,456
- Cash +€3,646
up €3,646 (+12.4%), from €29,417 to €33,063
mainly Depreciation (+€19,420) and Stocks and contracts (+€11,984)
- Trade debts +€9,496
up €9,496 (+81.9%), from €11,600 to €21,096
- Tax, wage and social debts -€5,510
down €5,510 (-55.2%), from €9,984 to €4,473
of which Taxes: -€5,520
- Gross operating margin -€150,470
down €150,470 (-85.9%), from €175,070 to €24,600
- Taxes -€37,911
down €37,911 (-99.0%), from €38,305 to €394
- Depreciation -€4,396
down €4,396 (-18.5%), from €23,816 to €19,420
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €282,670 | €285,609 | +€2,939 | +1.0% |
| Fixed assets | 21/28 | €174,217 | €158,792 | -€15,425 | -8.9% |
| Tangible fixed assets | 22/27 | €174,217 | €158,792 | -€15,425 | -8.9% |
| Land and buildings | 22 | €139,678 | €128,986 | -€10,692 | -7.7% |
| Plant, machinery and equipment | 23 | €11,891 | €9,514 | -€2,377 | -20.0% |
| Furniture and vehicles | 24 | €20,356 | €14,727 | -€5,629 | -27.7% |
| Other tangible fixed assets | 26 | €2,293 | €5,565 | +€3,272 | +142.7% |
| Current assets | 29/58 | €108,453 | €126,818 | +€18,365 | +16.9% |
| Stocks and contracts in progress | 3 | €47,440 | €35,456 | -€11,984 | -25.3% |
| Stocks | 30/36 | €47,440 | €35,456 | -€11,984 | -25.3% |
| Amounts receivable within one year | 40/41 | €31,362 | €56,544 | +€25,183 | +80.3% |
| Trade receivables | 40 | €30,420 | €44,072 | +€13,652 | +44.9% |
| Other amounts receivable | 41 | €942 | €12,473 | +€11,531 | +1224.4% |
| Current investments | 50/53 | €134 | €134 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €29,417 | €33,063 | +€3,646 | +12.4% |
| Deferred charges and accrued income | 490/1 | €100 | €1,620 | +€1,520 | +1519.8% |
| Total equity and liabilities | 10/49 | €282,670 | €285,609 | +€2,939 | +1.0% |
| Equity | 10/15 | €235,296 | €234,253 | -€1,044 | -0.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €7,292 | €7,292 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,292 | €7,292 | = | 0.0% |
| Legal reserve | 130 | €7,292 | €7,292 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,004 | €164,960 | -€1,044 | -0.6% |
| Amounts payable | 17/49 | €47,374 | €51,357 | +€3,983 | +8.4% |
| Amounts payable after more than one year | 17 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 178/9 | €1,600 | €1,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,774 | €49,757 | +€3,983 | +8.7% |
| Trade debts | 44 | €11,600 | €21,096 | +€9,496 | +81.9% |
| Suppliers | 440/4 | €11,600 | €21,096 | +€9,496 | +81.9% |
| Taxes, remuneration and social security | 45 | €9,984 | €4,473 | -€5,510 | -55.2% |
| Taxes | 450/3 | €8,472 | €2,952 | -€5,520 | -65.2% |
| Remuneration and social security | 454/9 | €1,512 | €1,521 | +€10 | +0.6% |
| Other amounts payable | 47/48 | €24,189 | €24,187 | -€2 | 0.0% |
| Non-recurring operating income | 76A | €142,472 | - | -€142,472 | |
| Remuneration, social security and pensions | 62 | €779 | €1,180 | +€402 | +51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,816 | €19,420 | -€4,396 | -18.5% |
| Other operating charges | 640/8 | €4,827 | €4,646 | -€182 | -3.8% |
| Gross operating margin | 9900 | €175,070 | €24,600 | -€150,470 | -85.9% |
| Operating profit (loss) | 9901 | €145,648 | -€646 | -€146,294 | |
| Financial income | 75/76B | €3 | €2 | -€1 | -22.7% |
| Recurring financial income | 75 | €3 | €2 | -€1 | -22.7% |
| Financial charges | 65/66B | €40 | €6 | -€34 | -85.7% |
| Recurring financial charges | 65 | €40 | €6 | -€34 | -85.7% |
| Profit (loss) for the period before taxes | 9903 | €145,611 | -€650 | -€146,261 | |
| Income taxes | 67/77 | €38,305 | €394 | -€37,911 | -99.0% |
| Profit (loss) for the period | 9904 | €107,306 | -€1,044 | -€108,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €107,306 | -€1,044 | -€108,350 |
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 30 September 2026 via checked.be.