RODAK: 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.
RODAK
Largest movements
- Cash -€125,161
down €125,161 (-91.7%), from €136,424 to €11,263
mainly Trade debts (-€149,411) and Receivables within one year (-€31,346)
- Receivables within one year +€31,346
up €31,346 (+15.3%), from €205,149 to €236,495
of which Trade receivables: +€25,102
- Trade debts -€149,411
down €149,411 (-69.0%), from €216,526 to €67,114
- Short-term financial debts +€40,000
up €40,000 (+400.0%), from €10,000 to €50,000
of which Credit institutions: +€40,000
- Other debts +€17,137
up €17,137 (+47.4%), from €36,142 to €53,279
- Advances received -€5,210
no longer reported in 2025 (was €5,210)
- Reserves +€3,669
up €3,669 (+5.2%), from €70,668 to €74,338
of which Distributable reserves: +€3,669
- Financial income -€19,520
down €19,520 (-93.4%), from €20,900 to €1,380
of which Financial income: -€20,900
- Gross operating margin +€7,400
up €7,400, from -€2,687 to €4,713
- Taxes -€3,305
down €3,305 (-65.2%), from €5,073 to €1,768
- Financial charges -€1,456
down €1,456 (-76.7%), from €1,899 to €443
- Other operating charges +€65
up €65 (+44.2%), from €148 to €213
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 | €341,572 | €247,758 | -€93,815 | -27.5% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €341,572 | €247,758 | -€93,815 | -27.5% |
| Amounts receivable within one year | 40/41 | €205,149 | €236,495 | +€31,346 | +15.3% |
| Trade receivables | 40 | €114,874 | €139,976 | +€25,102 | +21.9% |
| Other amounts receivable | 41 | €90,275 | €96,520 | +€6,245 | +6.9% |
| Cash at bank and in hand | 54/58 | €136,424 | €11,263 | -€125,161 | -91.7% |
| Total equity and liabilities | 10/49 | €341,572 | €247,758 | -€93,815 | -27.5% |
| Equity | 10/15 | €73,695 | €77,364 | +€3,669 | +5.0% |
| Contributions | 10/11 | €3,026 | €3,026 | = | 0.0% |
| Reserves | 13 | €70,668 | €74,338 | +€3,669 | +5.2% |
| Non-distributable reserves | 130/1 | €303 | €303 | = | 0.0% |
| Other | 1319 | €303 | €303 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,485 | €5,485 | = | 0.0% |
| Distributable reserves | 133 | €64,881 | €68,550 | +€3,669 | +5.7% |
| Amounts payable | 17/49 | €267,878 | €170,394 | -€97,484 | -36.4% |
| Amounts payable within one year | 42/48 | €267,878 | €170,394 | -€97,484 | -36.4% |
| Financial debts | 43 | €10,000 | €50,000 | +€40,000 | +400.0% |
| Credit institutions | 430/8 | - | €40,000 | +€40,000 | |
| Other loans | 439 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €216,526 | €67,114 | -€149,411 | -69.0% |
| Suppliers | 440/4 | €216,526 | €67,114 | -€149,411 | -69.0% |
| Advances received on contracts in progress | 46 | €5,210 | - | -€5,210 | |
| Other amounts payable | 47/48 | €36,142 | €53,279 | +€17,137 | +47.4% |
| Other operating charges | 640/8 | €148 | €213 | +€65 | +44.2% |
| Gross operating margin | 9900 | -€2,687 | €4,713 | +€7,400 | |
| Operating profit (loss) | 9901 | -€2,835 | €4,499 | +€7,335 | |
| Financial income | 75/76B | €20,900 | €1,380 | -€19,520 | -93.4% |
| Recurring financial income | 75 | €20,900 | €0 | -€20,900 | -100.0% |
| Non-recurring financial income | 76B | - | €1,380 | +€1,380 | |
| Financial charges | 65/66B | €1,899 | €443 | -€1,456 | -76.7% |
| Recurring financial charges | 65 | €1,899 | €443 | -€1,456 | -76.7% |
| Profit (loss) for the period before taxes | 9903 | €16,166 | €5,437 | -€10,729 | -66.4% |
| Income taxes | 67/77 | €5,073 | €1,768 | -€3,305 | -65.2% |
| Profit (loss) for the period | 9904 | €11,093 | €3,669 | -€7,423 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,093 | €3,669 | -€7,423 | -66.9% |
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 3 October 2026 via checked.be.