RODA MARKET: 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.
RODA MARKET
Largest movements
- Receivables within one year +€41,562
up €41,562 (+24.0%), from €173,277 to €214,839
of which Trade receivables: +€53,494
- Stocks and contracts -€17,000
down €17,000 (-28.3%), from €60,000 to €43,000
- Cash +€12,289
new in 2025: €12,289
mainly Trade debts (+€26,548) and Stocks and contracts (+€17,000)
- Trade debts +€26,548
up €26,548 (+107%), from €24,769 to €51,317
- Tax, wage and social debts +€13,416
up €13,416 (+98.3%), from €13,654 to €27,070
of which Taxes: +€7,273
- Gross operating margin -€11,709
down €11,709 (-13.5%), from €86,849 to €75,140
- Staff costs -€4,872
down €4,872 (-9.5%), from €51,276 to €46,403
- Provisions +€3,426
new in 2025: €3,426
- Taxes -€2,253
down €2,253 (-9.2%), from €24,394 to €22,141
- Financial charges -€1,088
down €1,088 (-53.6%), from €2,029 to €941
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 | €237,480 | €275,449 | +€37,969 | +16.0% |
| Fixed assets | 21/28 | €4,203 | €5,321 | +€1,118 | +26.6% |
| Tangible fixed assets | 22/27 | €1,371 | €2,489 | +€1,118 | +81.6% |
| Plant, machinery and equipment | 23 | €1,371 | - | -€1,371 | |
| Furniture and vehicles | 24 | - | €2,489 | +€2,489 | |
| Financial fixed assets | 28 | €2,832 | €2,832 | = | 0.0% |
| Current assets | 29/58 | €233,277 | €270,127 | +€36,850 | +15.8% |
| Stocks and contracts in progress | 3 | €60,000 | €43,000 | -€17,000 | -28.3% |
| Stocks | 30/36 | €60,000 | €43,000 | -€17,000 | -28.3% |
| Amounts receivable within one year | 40/41 | €173,277 | €214,839 | +€41,562 | +24.0% |
| Trade receivables | 40 | €160,820 | €214,314 | +€53,494 | +33.3% |
| Other amounts receivable | 41 | €12,457 | €525 | -€11,932 | -95.8% |
| Cash at bank and in hand | 54/58 | - | €12,289 | +€12,289 | |
| Total equity and liabilities | 10/49 | €237,480 | €275,449 | +€37,969 | +16.0% |
| Equity | 10/15 | €198,372 | €197,061 | -€1,311 | -0.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €2,500 | +€2,500 | |
| Other | 1319 | €2,500 | - | -€2,500 | |
| Profit (loss) carried forward | 14 | €170,872 | €169,561 | -€1,311 | -0.8% |
| Amounts payable | 17/49 | €39,108 | €78,388 | +€39,279 | +100% |
| Amounts payable within one year | 42/48 | €39,108 | €78,388 | +€39,279 | +100% |
| Current portion of amounts payable after more than one year | 42 | €232 | - | -€232 | |
| Financial debts | 43 | €453 | - | -€453 | |
| Credit institutions | 430/8 | €453 | - | -€453 | |
| Trade debts | 44 | €24,769 | €51,317 | +€26,548 | +107% |
| Suppliers | 440/4 | €24,769 | €51,317 | +€26,548 | +107% |
| Taxes, remuneration and social security | 45 | €13,654 | €27,070 | +€13,416 | +98.3% |
| Taxes | 450/3 | €9,040 | €16,314 | +€7,273 | +80.5% |
| Remuneration and social security | 454/9 | €4,614 | €10,757 | +€6,143 | +133% |
| Remuneration, social security and pensions | 62 | €51,276 | €46,403 | -€4,872 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,410 | €2,616 | -€794 | -23.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €3,426 | +€3,426 | |
| Other operating charges | 640/8 | €1,320 | €924 | -€396 | -30.0% |
| Gross operating margin | 9900 | €86,849 | €75,140 | -€11,709 | -13.5% |
| Operating profit (loss) | 9901 | €30,844 | €21,771 | -€9,072 | -29.4% |
| Financial charges | 65/66B | €2,029 | €941 | -€1,088 | -53.6% |
| Recurring financial charges | 65 | €2,029 | €941 | -€1,088 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | €28,815 | €20,830 | -€7,985 | -27.7% |
| Income taxes | 67/77 | €24,394 | €22,141 | -€2,253 | -9.2% |
| Profit (loss) for the period | 9904 | €4,421 | -€1,311 | -€5,732 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,421 | -€1,311 | -€5,732 |
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 17 October 2026 via checked.be.