ROCKET SCIENCE: 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.
ROCKET SCIENCE
Largest movements
- Cash +€84,027
up €84,027 (+57.4%), from €146,366 to €230,393
mainly Net result for the year (+€117,879) and Depreciation (+€12,923)
- Current investments +€44,224
up €44,224 (+24.9%), from €177,297 to €221,521
- Tangible fixed assets -€11,788
down €11,788 (-10.5%), from €111,913 to €100,125
of which Land and buildings: -€7,674
- Reserves +€117,879
up €117,879 (+29.2%), from €403,778 to €521,658
of which Distributable reserves: +€119,879
- Financial income +€111,848
up €111,848 (+25012.5%), from €447 to €112,296
- Taxes +€34,700
up €34,700 (+179.7%), from €19,309 to €54,009
- Financial charges +€10,884
up €10,884, from -€4,589 to €6,295
- Depreciation -€6,264
down €6,264 (-32.6%), from €19,187 to €12,923
- Gross operating margin -€4,480
down €4,480 (-5.2%), from €86,048 to €81,569
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 | €467,456 | €588,390 | +€120,934 | +25.9% |
| Fixed assets | 21/28 | €111,913 | €103,524 | -€8,389 | -7.5% |
| Intangible fixed assets | 21 | - | €3,399 | +€3,399 | |
| Tangible fixed assets | 22/27 | €111,913 | €100,125 | -€11,788 | -10.5% |
| Land and buildings | 22 | €99,854 | €92,180 | -€7,674 | -7.7% |
| Plant, machinery and equipment | 23 | €206 | €0 | -€206 | -100.0% |
| Furniture and vehicles | 24 | €11,852 | €7,945 | -€3,907 | -33.0% |
| Current assets | 29/58 | €355,543 | €484,866 | +€129,323 | +36.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €30,213 | €30,454 | +€241 | +0.8% |
| Trade receivables | 40 | €29,417 | €28,435 | -€982 | -3.3% |
| Other amounts receivable | 41 | €796 | €2,019 | +€1,223 | +153.7% |
| Current investments | 50/53 | €177,297 | €221,521 | +€44,224 | +24.9% |
| Cash at bank and in hand | 54/58 | €146,366 | €230,393 | +€84,027 | +57.4% |
| Deferred charges and accrued income | 490/1 | €1,667 | €2,498 | +€831 | +49.8% |
| Total equity and liabilities | 10/49 | €467,456 | €588,390 | +€120,934 | +25.9% |
| Equity | 10/15 | €424,816 | €541,895 | +€117,079 | +27.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €403,778 | €521,658 | +€117,879 | +29.2% |
| Non-distributable reserves | 130/1 | €2,000 | €0 | -€2,000 | -100.0% |
| Reserves not available under the articles | 1311 | €2,000 | €0 | -€2,000 | -100.0% |
| Distributable reserves | 133 | €401,778 | €521,658 | +€119,879 | +29.8% |
| Profit (loss) carried forward | 14 | €1,038 | €238 | -€800 | -77.1% |
| Amounts payable | 17/49 | €42,640 | €46,494 | +€3,854 | +9.0% |
| Amounts payable within one year | 42/48 | €42,640 | €46,494 | +€3,854 | +9.0% |
| Financial debts | 43 | €147 | €724 | +€577 | +393.2% |
| Credit institutions | 430/8 | €147 | €724 | +€577 | +393.2% |
| Trade debts | 44 | €8,773 | €9,521 | +€748 | +8.5% |
| Suppliers | 440/4 | €8,773 | €9,521 | +€748 | +8.5% |
| Taxes, remuneration and social security | 45 | €32,235 | €35,575 | +€3,340 | +10.4% |
| Taxes | 450/3 | €32,235 | €35,575 | +€3,340 | +10.4% |
| Other amounts payable | 47/48 | €1,485 | €674 | -€811 | -54.6% |
| Non-recurring operating income | 76A | - | €100 | +€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,187 | €12,923 | -€6,264 | -32.6% |
| Other operating charges | 640/8 | €1,872 | €2,395 | +€523 | +27.9% |
| Non-recurring operating charges | 66A | €3,499 | €363 | -€3,136 | -89.6% |
| Gross operating margin | 9900 | €86,048 | €81,569 | -€4,480 | -5.2% |
| Operating profit (loss) | 9901 | €61,489 | €65,888 | +€4,398 | +7.2% |
| Financial income | 75/76B | €447 | €112,296 | +€111,848 | +25012.5% |
| Recurring financial income | 75 | €447 | €112,296 | +€111,848 | +25012.5% |
| Financial charges | 65/66B | -€4,589 | €6,295 | +€10,884 | |
| Recurring financial charges | 65 | -€4,589 | €6,295 | +€10,884 | |
| Profit (loss) for the period before taxes | 9903 | €66,526 | €171,888 | +€105,363 | +158.4% |
| Income taxes | 67/77 | €19,309 | €54,009 | +€34,700 | +179.7% |
| Profit (loss) for the period | 9904 | €47,217 | €117,879 | +€70,662 | +149.7% |
| Profit (loss) for the period to be appropriated | 9905 | €47,217 | €117,879 | +€70,662 | +149.7% |
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 9 October 2026 via checked.be.