Rock Izegem: 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
Rock Izegem
NACE 68.310, Real estate agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€242,801
2024 · €875,993-€633,191
Equity
€32.1m
2024 · €3.3m+€28.8m
Cash
€1.1m
2024 · €577,218+€472,947
Balance sheet total
€63.0m
2024 · €8.7m+€54.3m
Largest movements
Assets
- Financial fixed assets +€28.1m
up €28.1m (+65,759%), from €42,682 to €28.1m
- Tangible fixed assets +€27.8m
up €27.8m (+485%), from €5.7m to €33.5m
of which Land and buildings: +€27.8m
- Receivables within one year -€2.1m
down €2.1m (-89.6%), from €2.3m to €243,233
of which Other amounts receivable: -€1.7m
Equity and liabilities
- Revaluation surpluses +€28.5m
up €28.5m (+1,952%), from €1.5m to €30.0m
- Other debts +€21.5m
up €21.5m (+2,404%), from €893,079 to €22.4m
- Debts after one year +€3.8m
up €3.8m (+409%), from €919,324 to €4.7m
Income statement
- Gross operating margin -€611,434
down €611,434 (-24.0%), from €2.5m to €1.9m
- Taxes -€211,123
down €211,123 (-72.3%), from €292,149 to €81,026
- Write-downs -€89,113
down €89,113 (-100%), from €89,113 to €0
- Financial charges +€40,074
up €40,074 (+14.5%), from €275,825 to €315,899
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
€875,993
Gross operating margin
-€611,434
Depreciation
-€5,585
Write-downs
+€89,113
Other operating charges
-€9,952
Other operating items
-€288,642
Financial income
+€22,260
Financial charges
-€40,074
Taxes
+€211,123
Result 2025
€242,801
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€24.6m
Investment
-€56.6m
Financing
+€32.5m
Cash 2024
€577,218
From operations (derived)
+€24.6m
Net result for the year
+€242,801
Depreciation
+€730,603
Receivables within one year
+€2.1m
Smaller working-capital items
+€81,086
Other debts
+€21.5m
Investment (derived)
-€56.6m
Investment in fixed assets (net)
-€56.6m
Financing
+€32.5m
Debts after one year
+€3.8m
Short-term financial debts
+€173,530
Contributions, distributions and other
+€28.5m
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,722,766 | €62,974,305 | +€54.3m | +622% |
| Fixed assets | 21/28 | €5,772,569 | €61,655,506 | +€55.9m | +968% |
| Tangible fixed assets | 22/27 | €5,729,887 | €33,545,453 | +€27.8m | +485% |
| Land and buildings | 22 | €5,686,620 | €33,499,891 | +€27.8m | +489% |
| Plant, machinery and equipment | 23 | €40,824 | €43,934 | +€3,110 | +7.6% |
| Furniture and vehicles | 24 | €2,442 | €1,628 | -€814 | -33.3% |
| Financial fixed assets | 28 | €42,682 | €28,110,053 | +€28.1m | +65,759% |
| Current assets | 29/58 | €2,950,197 | €1,318,800 | -€1.6m | -55.3% |
| Amounts receivable within one year | 40/41 | €2,328,801 | €243,233 | -€2.1m | -89.6% |
| Trade receivables | 40 | €558,527 | €131,425 | -€427,102 | -76.5% |
| Other amounts receivable | 41 | €1,770,274 | €111,808 | -€1.7m | -93.7% |
| Cash at bank and in hand | 54/58 | €577,218 | €1,050,164 | +€472,947 | +81.9% |
| Deferred charges and accrued income | 490/1 | €44,178 | €25,403 | -€18,775 | -42.5% |
| Total equity and liabilities | 10/49 | €8,722,766 | €62,974,305 | +€54.3m | +622% |
| Equity | 10/15 | €3,314,019 | €32,095,151 | +€28.8m | +868% |
| Contributions | 10/11 | €1,638,700 | €1,638,700 | = | 0.0% |
| Capital | 10 | €1,638,700 | €1,638,700 | = | 0.0% |
| Issued capital | 100 | €1,638,700 | €1,638,700 | = | 0.0% |
| Revaluation surpluses | 12 | €1,461,670 | €30,000,000 | +€28.5m | +1,952% |
| Reserves | 13 | €213,649 | €456,451 | +€242,801 | +114% |
| Non-distributable reserves | 130/1 | €163,870 | €163,870 | = | 0.0% |
| Legal reserve | 130 | €163,870 | €163,870 | = | 0.0% |
| Distributable reserves | 133 | €49,779 | €292,581 | +€242,801 | +488% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €5,408,746 | €30,879,155 | +€25.5m | +471% |
| Amounts payable after more than one year | 17 | €919,324 | €4,680,000 | +€3.8m | +409% |
| Financial debts | 170/4 | €919,324 | €4,680,000 | +€3.8m | +409% |
| Amounts payable within one year | 42/48 | €4,482,417 | €26,187,753 | +€21.7m | +484% |
| Financial debts | 43 | €3,419,792 | €3,593,322 | +€173,530 | +5.1% |
| Credit institutions | 430/8 | €3,419,792 | €3,593,322 | +€173,530 | +5.1% |
| Trade debts | 44 | €105,366 | €185,437 | +€80,071 | +76.0% |
| Suppliers | 440/4 | €105,366 | €185,437 | +€80,071 | +76.0% |
| Taxes, remuneration and social security | 45 | €64,181 | €42,023 | -€22,158 | -34.5% |
| Taxes | 450/3 | €64,181 | €42,023 | -€22,158 | -34.5% |
| Other amounts payable | 47/48 | €893,079 | €22,366,970 | +€21.5m | +2,404% |
| Accrued charges and deferred income | 492/3 | €7,005 | €11,402 | +€4,397 | +62.8% |
| Non-recurring operating income | 76A | €64,316 | €0 | -€64,316 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €725,018 | €730,603 | +€5,585 | +0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €89,113 | €0 | -€89,113 | -100% |
| Other operating charges | 640/8 | €252,246 | €262,197 | +€9,952 | +3.9% |
| Non-recurring operating charges | 66A | €59,530 | €348,172 | +€288,642 | +485% |
| Gross operating margin | 9900 | €2,545,937 | €1,934,503 | -€611,434 | -24.0% |
| Operating profit (loss) | 9901 | €1,420,031 | €593,531 | -€826,499 | -58.2% |
| Financial income | 75/76B | €23,936 | €46,195 | +€22,260 | +93.0% |
| Recurring financial income | 75 | €23,936 | €46,195 | +€22,260 | +93.0% |
| Financial charges | 65/66B | €275,825 | €315,899 | +€40,074 | +14.5% |
| Recurring financial charges | 65 | €275,825 | €315,899 | +€40,074 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | €1,168,142 | €323,828 | -€844,314 | -72.3% |
| Income taxes | 67/77 | €292,149 | €81,026 | -€211,123 | -72.3% |
| Profit (loss) for the period | 9904 | €875,993 | €242,801 | -€633,191 | -72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €875,993 | €242,801 | -€633,191 | -72.3% |
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 16 October 2026 via checked.be.