RODAJO: 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.
RODAJO
Largest movements
- Receivables within one year -€14,457
down €14,457 (-86.6%), from €16,691 to €2,234
of which Trade receivables: -€12,911
- Cash +€9,725
up €9,725 (+48.7%), from €19,960 to €29,685
mainly Receivables within one year (+€14,457) and Depreciation (+€7,558)
- Deferred charges and accrued income +€7,872
new in 2026: €7,872
- Tangible fixed assets -€3,686
down €3,686 (-28.0%), from €13,177 to €9,490
of which Furniture and vehicles: -€6,790
- Trade debts +€4,791
up €4,791 (+198%), from €2,414 to €7,205
- Other debts -€2,693
down €2,693 (-35.2%), from €7,646 to €4,953
- Current portion of long-term debt -€2,293
down €2,293 (-82.9%), from €2,766 to €473
- Financial income +€492
new in 2026: €492
- Financial charges +€377
up €377 (+61.3%), from €615 to €992
- Gross operating margin +€213
up €213 (+2.3%), from €9,101 to €9,314
- Depreciation +€157
up €157 (+2.1%), from €7,402 to €7,558
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,827 | €49,281 | -€546 | -1.1% |
| Fixed assets | 21/28 | €13,177 | €9,490 | -€3,686 | -28.0% |
| Tangible fixed assets | 22/27 | €13,177 | €9,490 | -€3,686 | -28.0% |
| Plant, machinery and equipment | 23 | €2,361 | €5,465 | +€3,104 | +132% |
| Furniture and vehicles | 24 | €10,816 | €4,026 | -€6,790 | -62.8% |
| Current assets | 29/58 | €36,651 | €39,791 | +€3,140 | +8.6% |
| Amounts receivable within one year | 40/41 | €16,691 | €2,234 | -€14,457 | -86.6% |
| Trade receivables | 40 | €14,431 | €1,520 | -€12,911 | -89.5% |
| Other amounts receivable | 41 | €2,260 | €714 | -€1,547 | -68.4% |
| Cash at bank and in hand | 54/58 | €19,960 | €29,685 | +€9,725 | +48.7% |
| Deferred charges and accrued income | 490/1 | - | €7,872 | +€7,872 | |
| Total equity and liabilities | 10/49 | €49,827 | €49,281 | -€546 | -1.1% |
| Equity | 10/15 | €35,835 | €36,099 | +€264 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,235 | €17,499 | +€264 | +1.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,375 | €15,639 | +€264 | +1.7% |
| Amounts payable | 17/49 | €13,993 | €13,183 | -€810 | -5.8% |
| Amounts payable after more than one year | 17 | €473 | - | -€473 | |
| Financial debts | 170/4 | €473 | - | -€473 | |
| Amounts payable within one year | 42/48 | €13,520 | €13,183 | -€337 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €2,766 | €473 | -€2,293 | -82.9% |
| Trade debts | 44 | €2,414 | €7,205 | +€4,791 | +198% |
| Suppliers | 440/4 | €2,414 | €7,205 | +€4,791 | +198% |
| Taxes, remuneration and social security | 45 | €694 | €551 | -€142 | -20.5% |
| Taxes | 450/3 | €694 | €551 | -€142 | -20.5% |
| Other amounts payable | 47/48 | €7,646 | €4,953 | -€2,693 | -35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,402 | €7,558 | +€157 | +2.1% |
| Other operating charges | 640/8 | €299 | €378 | +€80 | +26.7% |
| Gross operating margin | 9900 | €9,101 | €9,314 | +€213 | +2.3% |
| Operating profit (loss) | 9901 | €1,401 | €1,378 | -€23 | -1.6% |
| Financial income | 75/76B | - | €492 | +€492 | |
| Recurring financial income | 75 | - | €492 | +€492 | |
| Financial charges | 65/66B | €615 | €992 | +€377 | +61.3% |
| Recurring financial charges | 65 | €615 | €992 | +€377 | +61.3% |
| Profit (loss) for the period before taxes | 9903 | €786 | €878 | +€92 | +11.7% |
| Income taxes | 67/77 | €694 | €614 | -€80 | -11.5% |
| Profit (loss) for the period | 9904 | €92 | €264 | +€172 | +186% |
| Profit (loss) for the period to be appropriated | 9905 | €92 | €264 | +€172 | +186% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.