ROCHEFONTAINE: 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.
ROCHEFONTAINE
Largest movements
- Tangible fixed assets +€418,111
up €418,111 (+154%), from €272,352 to €690,464
of which Land and buildings: +€416,638
- Receivables within one year +€24,805
up €24,805 (+38.6%), from €64,264 to €89,069
of which Trade receivables: +€24,074
- Debts after one year +€330,157
up €330,157 (+148%), from €223,391 to €553,548
of which Financial debts: +€329,057
- Reserves +€95,000
up €95,000 (+51.4%), from €185,000 to €280,000
- Profit (loss) carried forward +€14,209
up €14,209 (+9.3%), from €152,246 to €166,455
- Current portion of long-term debt +€12,419
up €12,419 (+92.0%), from €13,494 to €25,913
- Gross operating margin +€33,239
up €33,239 (+22.2%), from €149,801 to €183,040
- Depreciation +€12,090
up €12,090 (+76.1%), from €15,890 to €27,981
- Taxes -€5,839
down €5,839 (-14.4%), from €40,552 to €34,713
- Financial charges +€4,472
up €4,472 (+87.5%), from €5,109 to €9,581
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 | €610,132 | €1,058,094 | +€447,962 | +73.4% |
| Fixed assets | 21/28 | €274,952 | €693,064 | +€418,111 | +152% |
| Tangible fixed assets | 22/27 | €272,352 | €690,464 | +€418,111 | +154% |
| Land and buildings | 22 | €269,407 | €686,046 | +€416,638 | +155% |
| Furniture and vehicles | 24 | €2,945 | €4,418 | +€1,473 | +50.0% |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €335,180 | €365,031 | +€29,851 | +8.9% |
| Amounts receivable within one year | 40/41 | €64,264 | €89,069 | +€24,805 | +38.6% |
| Trade receivables | 40 | €20,892 | €44,966 | +€24,074 | +115% |
| Other amounts receivable | 41 | €43,372 | €44,104 | +€731 | +1.7% |
| Cash at bank and in hand | 54/58 | €269,593 | €274,840 | +€5,246 | +1.9% |
| Deferred charges and accrued income | 490/1 | €1,322 | €1,121 | -€201 | -15.2% |
| Total equity and liabilities | 10/49 | €610,132 | €1,058,094 | +€447,962 | +73.4% |
| Equity | 10/15 | €345,306 | €454,515 | +€109,209 | +31.6% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €185,000 | €280,000 | +€95,000 | +51.4% |
| Distributable reserves | 133 | €185,000 | €280,000 | +€95,000 | +51.4% |
| Profit (loss) carried forward | 14 | €152,246 | €166,455 | +€14,209 | +9.3% |
| Amounts payable | 17/49 | €264,826 | €603,579 | +€338,753 | +128% |
| Amounts payable after more than one year | 17 | €223,391 | €553,548 | +€330,157 | +148% |
| Financial debts | 170/4 | €223,211 | €552,268 | +€329,057 | +147% |
| Other amounts payable | 178/9 | €180 | €1,280 | +€1,100 | +611% |
| Amounts payable within one year | 42/48 | €41,435 | €50,031 | +€8,596 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €13,494 | €25,913 | +€12,419 | +92.0% |
| Trade debts | 44 | €17,436 | €21,641 | +€4,205 | +24.1% |
| Suppliers | 440/4 | €17,436 | €21,641 | +€4,205 | +24.1% |
| Taxes, remuneration and social security | 45 | €10,505 | €2,477 | -€8,027 | -76.4% |
| Taxes | 450/3 | €10,505 | €2,477 | -€8,027 | -76.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,890 | €27,981 | +€12,090 | +76.1% |
| Other operating charges | 640/8 | €1,883 | €2,016 | +€134 | +7.1% |
| Gross operating margin | 9900 | €149,801 | €183,040 | +€33,239 | +22.2% |
| Operating profit (loss) | 9901 | €132,028 | €153,043 | +€21,015 | +15.9% |
| Financial income | 75/76B | €347 | €459 | +€112 | +32.4% |
| Recurring financial income | 75 | €347 | €459 | +€112 | +32.4% |
| Financial charges | 65/66B | €5,109 | €9,581 | +€4,472 | +87.5% |
| Recurring financial charges | 65 | €5,109 | €9,581 | +€4,472 | +87.5% |
| Profit (loss) for the period before taxes | 9903 | €127,267 | €143,922 | +€16,655 | +13.1% |
| Income taxes | 67/77 | €40,552 | €34,713 | -€5,839 | -14.4% |
| Profit (loss) for the period | 9904 | €86,714 | €109,209 | +€22,494 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €86,714 | €109,209 | +€22,494 | +25.9% |
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 21 October 2026 via checked.be.