ROCON: 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.
ROCON
Largest movements
- Receivables after one year -€299,000
down €299,000 (-22.7%), from €1.3m to €1.0m
- Tangible fixed assets +€262,427
up €262,427 (+17.1%), from €1.5m to €1.8m
of which Land and buildings: +€239,545
- Receivables within one year -€164,133
down €164,133 (-55.9%), from €293,556 to €129,423
of which Other amounts receivable: -€166,945
- Profit (loss) carried forward -€1.2m
down €1.2m (-67.8%), from €1.7m to €550,077
- Other debts +€1.1m
up €1.1m (+7531.4%), from €15,069 to €1.2m
- Trade debts -€141,904
down €141,904 (-73.1%), from €194,209 to €52,305
- Depreciation +€38,912
up €38,912 (+80.5%), from €48,316 to €87,227
- Financial income -€31,168
down €31,168 (-41.7%), from €74,743 to €43,576
- Gross operating margin -€10,336
down €10,336 (-36.4%), from €28,409 to €18,072
- Financial charges -€4,461
down €4,461 (-87.9%), from €5,076 to €615
- Other operating charges +€3,443
up €3,443 (+34.2%), from €10,068 to €13,511
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 | €3,148,598 | €2,957,289 | -€191,309 | -6.1% |
| Fixed assets | 21/28 | €1,533,183 | €1,795,610 | +€262,427 | +17.1% |
| Tangible fixed assets | 22/27 | €1,533,183 | €1,795,610 | +€262,427 | +17.1% |
| Land and buildings | 22 | €1,533,183 | €1,772,728 | +€239,545 | +15.6% |
| Furniture and vehicles | 24 | - | €22,882 | +€22,882 | |
| Current assets | 29/58 | €1,615,415 | €1,161,679 | -€453,736 | -28.1% |
| Amounts receivable after more than one year | 29 | €1,320,000 | €1,021,000 | -€299,000 | -22.7% |
| Other amounts receivable | 291 | €1,320,000 | €1,021,000 | -€299,000 | -22.7% |
| Amounts receivable within one year | 40/41 | €293,556 | €129,423 | -€164,133 | -55.9% |
| Trade receivables | 40 | €1,312 | €4,123 | +€2,812 | +214.4% |
| Other amounts receivable | 41 | €292,244 | €125,299 | -€166,945 | -57.1% |
| Cash at bank and in hand | 54/58 | €562 | €11,256 | +€10,694 | +1902.8% |
| Deferred charges and accrued income | 490/1 | €1,297 | - | -€1,297 | |
| Total equity and liabilities | 10/49 | €3,148,598 | €2,957,289 | -€191,309 | -6.1% |
| Equity | 10/15 | €2,772,448 | €1,590,170 | -€1.2m | -42.6% |
| Contributions | 10/11 | €510,743 | €510,743 | = | 0.0% |
| Capital | 10 | €510,743 | €510,743 | = | 0.0% |
| Issued capital | 100 | €510,743 | €510,743 | = | 0.0% |
| Reserves | 13 | €551,635 | €529,350 | -€22,284 | -4.0% |
| Non-distributable reserves | 130/1 | €51,126 | €51,126 | = | 0.0% |
| Legal reserve | 130 | €51,126 | €51,126 | = | 0.0% |
| Tax-exempt reserves | 132 | €500,509 | €478,224 | -€22,284 | -4.5% |
| Profit (loss) carried forward | 14 | €1,710,070 | €550,077 | -€1.2m | -67.8% |
| Provisions and deferred taxes | 16 | €166,836 | €159,408 | -€7,428 | -4.5% |
| Deferred taxes | 168 | €166,836 | €159,408 | -€7,428 | -4.5% |
| Amounts payable | 17/49 | €209,314 | €1,207,711 | +€998,397 | +477.0% |
| Amounts payable within one year | 42/48 | €209,278 | €1,207,675 | +€998,397 | +477.1% |
| Trade debts | 44 | €194,209 | €52,305 | -€141,904 | -73.1% |
| Suppliers | 440/4 | €194,209 | €52,305 | -€141,904 | -73.1% |
| Taxes, remuneration and social security | 45 | - | €5,370 | +€5,370 | |
| Taxes | 450/3 | - | €5,370 | +€5,370 | |
| Other amounts payable | 47/48 | €15,069 | €1,150,000 | +€1.1m | +7531.4% |
| Accrued charges and deferred income | 492/3 | €36 | €36 | -€0 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,316 | €87,227 | +€38,912 | +80.5% |
| Other operating charges | 640/8 | €10,068 | €13,511 | +€3,443 | +34.2% |
| Gross operating margin | 9900 | €28,409 | €18,072 | -€10,336 | -36.4% |
| Operating profit (loss) | 9901 | -€29,975 | -€82,666 | -€52,691 | -175.8% |
| Financial income | 75/76B | €74,743 | €43,576 | -€31,168 | -41.7% |
| Recurring financial income | 75 | €74,743 | €43,576 | -€31,168 | -41.7% |
| Financial charges | 65/66B | €5,076 | €615 | -€4,461 | -87.9% |
| Recurring financial charges | 65 | €5,076 | €615 | -€4,461 | -87.9% |
| Profit (loss) for the period before taxes | 9903 | €39,692 | -€39,706 | -€79,398 | |
| Transfer from deferred taxes | 780 | €1,543 | €7,428 | +€5,885 | +381.3% |
| Profit (loss) for the period | 9904 | €41,235 | -€32,278 | -€73,513 | |
| Transfer from tax-exempt reserves | 789 | €4,630 | €22,284 | +€17,655 | +381.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,865 | -€9,993 | -€55,859 |
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 9 October 2026 via checked.be.