ROCES: 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.
What changed
ROCES
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€129,295
2024 · €236,862-€107,567
Equity
€3.7m
2024 · €3.6m+€129,295
Cash
€6,805
2024 · €780,356-€773,551
Balance sheet total
€4.6m
2024 · €5.4m-€766,182
Largest movements
Assets
- Cash -€773,551
down €773,551 (-99.1%), from €780,356 to €6,805
mainly Debts after one year (-€750,343) and Current portion of long-term debt (-€122,687)
Equity and liabilities
- Debts after one year -€750,343
down €750,343 (-71.3%), from €1.1m to €301,972
- Reserves +€129,295
up €129,295 (+7.2%), from €1.8m to €1.9m
- Current portion of long-term debt -€122,687
down €122,687 (-72.1%), from €170,252 to €47,565
Income statement
- Gross operating margin -€180,596
down €180,596 (-40.8%), from €442,355 to €261,759
- Taxes -€65,353
down €65,353 (-47.0%), from €139,144 to €73,792
- Financial income +€5,109
up €5,109 (+25543100.0%), from €0 to €5,109
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
€236,862
Gross operating margin
-€180,596
Depreciation
+€1,410
Other operating charges
-€1,665
Other operating items
-€1,574
Financial income
+€5,109
Financial charges
+€4,396
Taxes
+€65,353
Result 2025
€129,295
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
+€115,875
Investment
-€16,397
Financing
-€873,030
Cash 2024
€780,356
From operations (derived)
+€115,875
Net result for the year
+€129,295
Depreciation
+€25,246
Receivables within one year
-€12,035
Deferred charges and accrued income
-€4,184
Trade debts
+€12,587
Tax, wage and social debts
+€3,310
Other debts
-€37,061
Accrued charges and deferred income
-€1,284
Investment (derived)
-€16,397
Investment in fixed assets (net)
-€16,397
Financing
-€873,030
Debts after one year
-€750,343
Current portion of long-term debt
-€122,687
Cash 2025
€6,805
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,359,197 | €4,593,014 | -€766,182 | -14.3% |
| Fixed assets | 21/28 | €4,532,280 | €4,523,430 | -€8,849 | -0.2% |
| Tangible fixed assets | 22/27 | €4,521,780 | €4,512,930 | -€8,849 | -0.2% |
| Land and buildings | 22 | €4,234,451 | €4,231,516 | -€2,935 | -0.1% |
| Plant, machinery and equipment | 23 | €15,893 | €11,234 | -€4,659 | -29.3% |
| Furniture and vehicles | 24 | €4,581 | €3,325 | -€1,256 | -27.4% |
| Assets under construction and advance payments | 27 | €266,855 | €266,855 | = | 0.0% |
| Financial fixed assets | 28 | €10,500 | €10,500 | = | 0.0% |
| Current assets | 29/58 | €826,917 | €69,584 | -€757,333 | -91.6% |
| Amounts receivable within one year | 40/41 | €42,787 | €54,822 | +€12,035 | +28.1% |
| Trade receivables | 40 | €18,321 | €26,831 | +€8,510 | +46.5% |
| Other amounts receivable | 41 | €24,466 | €27,991 | +€3,525 | +14.4% |
| Cash at bank and in hand | 54/58 | €780,356 | €6,805 | -€773,551 | -99.1% |
| Deferred charges and accrued income | 490/1 | €3,773 | €7,957 | +€4,184 | +110.9% |
| Total equity and liabilities | 10/49 | €5,359,197 | €4,593,014 | -€766,182 | -14.3% |
| Equity | 10/15 | €3,611,300 | €3,740,596 | +€129,295 | +3.6% |
| Contributions | 10/11 | €1,818,600 | €1,818,600 | = | 0.0% |
| Reserves | 13 | €1,792,700 | €1,921,996 | +€129,295 | +7.2% |
| Distributable reserves | 133 | €1,792,700 | €1,921,996 | +€129,295 | +7.2% |
| Amounts payable | 17/49 | €1,747,896 | €852,419 | -€895,477 | -51.2% |
| Amounts payable after more than one year | 17 | €1,052,315 | €301,972 | -€750,343 | -71.3% |
| Financial debts | 170/4 | €1,052,315 | €301,972 | -€750,343 | -71.3% |
| Amounts payable within one year | 42/48 | €691,889 | €548,038 | -€143,851 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €170,252 | €47,565 | -€122,687 | -72.1% |
| Trade debts | 44 | €17,384 | €29,971 | +€12,587 | +72.4% |
| Suppliers | 440/4 | €17,384 | €29,971 | +€12,587 | +72.4% |
| Advances received on contracts in progress | 46 | €20,000 | €20,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €165,040 | €168,350 | +€3,310 | +2.0% |
| Taxes | 450/3 | €165,040 | €168,350 | +€3,310 | +2.0% |
| Other amounts payable | 47/48 | €319,213 | €282,152 | -€37,061 | -11.6% |
| Accrued charges and deferred income | 492/3 | €3,693 | €2,409 | -€1,284 | -34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,657 | €25,246 | -€1,410 | -5.3% |
| Other operating charges | 640/8 | €10,586 | €12,251 | +€1,665 | +15.7% |
| Non-recurring operating charges | 66A | - | €1,574 | +€1,574 | |
| Gross operating margin | 9900 | €442,355 | €261,759 | -€180,596 | -40.8% |
| Operating profit (loss) | 9901 | €405,112 | €222,688 | -€182,424 | -45.0% |
| Financial income | 75/76B | €0 | €5,109 | +€5,109 | +25543100.0% |
| Recurring financial income | 75 | €0 | €5,109 | +€5,109 | +25543100.0% |
| Financial charges | 65/66B | €29,106 | €24,710 | -€4,396 | -15.1% |
| Recurring financial charges | 65 | €29,106 | €24,710 | -€4,396 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €376,006 | €203,087 | -€172,919 | -46.0% |
| Income taxes | 67/77 | €139,144 | €73,792 | -€65,353 | -47.0% |
| Profit (loss) for the period | 9904 | €236,862 | €129,295 | -€107,567 | -45.4% |
| Transfer from tax-exempt reserves | 789 | €89,000 | - | -€89,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €325,862 | €129,295 | -€196,567 | -60.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.