RODAMAU: 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.
RODAMAU
Largest movements
- Cash +€1.4m
up €1.4m (+1,999%), from €69,413 to €1.5m
mainly Receivables within one year (+€742,901) and Investment in fixed assets (net) (+€296,850)
- Receivables within one year -€742,901
down €742,901 (-96.1%), from €772,662 to €29,760
- Financial fixed assets -€315,923
no longer reported in 2025 (was €315,923)
- Tangible fixed assets -€39,076
down €39,076 (-7.7%), from €508,446 to €469,371
of which Land and buildings: -€57,283
- Deferred charges and accrued income +€28,476
up €28,476 (+185%), from €15,417 to €43,894
- Reserves +€272,313
up €272,313 (+16.8%), from €1.6m to €1.9m
of which Distributable reserves: +€272,313
- Tax, wage and social debts +€27,231
new in 2025: €27,231
- Financial income +€350,463
up €350,463 (+1,738%), from €20,165 to €370,628
of which Financial income: +€355,249
- Taxes +€27,231
new in 2025: €27,231
- Depreciation -€5,874
down €5,874 (-9.2%), from €64,023 to €58,149
- Gross operating margin +€1,581
up €1,581 (+12.2%), from -€12,994 to -€11,413
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 | €1,681,861 | €2,000,152 | +€318,291 | +18.9% |
| Fixed assets | 21/28 | €824,369 | €469,371 | -€354,999 | -43.1% |
| Tangible fixed assets | 22/27 | €508,446 | €469,371 | -€39,076 | -7.7% |
| Land and buildings | 22 | €501,620 | €444,336 | -€57,283 | -11.4% |
| Plant, machinery and equipment | 23 | €6,826 | €25,034 | +€18,208 | +267% |
| Financial fixed assets | 28 | €315,923 | - | -€315,923 | |
| Current assets | 29/58 | €857,492 | €1,530,781 | +€673,290 | +78.5% |
| Amounts receivable within one year | 40/41 | €772,662 | €29,760 | -€742,901 | -96.1% |
| Other amounts receivable | 41 | €772,662 | €29,760 | -€742,901 | -96.1% |
| Cash at bank and in hand | 54/58 | €69,413 | €1,457,127 | +€1.4m | +1,999% |
| Deferred charges and accrued income | 490/1 | €15,417 | €43,894 | +€28,476 | +185% |
| Total equity and liabilities | 10/49 | €1,681,861 | €2,000,152 | +€318,291 | +18.9% |
| Equity | 10/15 | €1,681,373 | €1,953,686 | +€272,313 | +16.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,619,373 | €1,891,686 | +€272,313 | +16.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,613,173 | €1,885,486 | +€272,313 | +16.9% |
| Amounts payable | 17/49 | €488 | €46,466 | +€45,978 | +9,422% |
| Amounts payable within one year | 42/48 | €475 | €46,466 | +€45,991 | +9,680% |
| Trade debts | 44 | €475 | €19,235 | +€18,760 | +3,949% |
| Suppliers | 440/4 | €475 | €19,235 | +€18,760 | +3,949% |
| Taxes, remuneration and social security | 45 | - | €27,231 | +€27,231 | |
| Taxes | 450/3 | - | €27,231 | +€27,231 | |
| Accrued charges and deferred income | 492/3 | €13 | - | -€13 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,023 | €58,149 | -€5,874 | -9.2% |
| Other operating charges | 640/8 | €1,130 | €1,060 | -€69 | -6.1% |
| Gross operating margin | 9900 | -€12,994 | -€11,413 | +€1,581 | +12.2% |
| Operating profit (loss) | 9901 | -€78,147 | -€70,622 | +€7,525 | +9.6% |
| Financial income | 75/76B | €20,165 | €370,628 | +€350,463 | +1,738% |
| Recurring financial income | 75 | €15,379 | €370,628 | +€355,249 | +2,310% |
| Non-recurring financial income | 76B | €4,786 | - | -€4,786 | |
| Financial charges | 65/66B | €337 | €462 | +€125 | +37.2% |
| Recurring financial charges | 65 | €337 | €462 | +€125 | +37.2% |
| Profit (loss) for the period before taxes | 9903 | -€58,319 | €299,544 | +€357,863 | |
| Income taxes | 67/77 | - | €27,231 | +€27,231 | |
| Profit (loss) for the period | 9904 | -€58,319 | €272,313 | +€330,632 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,319 | €272,313 | +€330,632 |
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 14 October 2026 via checked.be.