RODE VENTURES: 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.
RODE VENTURES
Largest movements
- Cash +€105,053
up €105,053 (+356.5%), from €29,468 to €134,521
mainly Net result for the year (+€128,581) and Receivables within one year (+€85,902)
- Receivables within one year -€85,902
down €85,902 (-99.4%), from €86,402 to €500
of which Trade receivables: -€85,063
- Deferred charges and accrued income +€12,539
up €12,539 (+1065.9%), from €1,176 to €13,715
- Tangible fixed assets -€8,115
down €8,115 (-17.1%), from €47,319 to €39,205
of which Furniture and vehicles: -€6,967
- Other debts -€108,010
down €108,010 (-72.5%), from €148,883 to €40,873
- Reserves +€75,000
up €75,000 (+152.9%), from €49,055 to €124,055
- Profit (loss) carried forward +€53,581
up €53,581, from -€30,045 to €23,536
- Financial income +€147,293
up €147,293 (+5440.4%), from €2,707 to €150,000
- Gross operating margin -€17,055
down €17,055 (-33.1%), from €51,531 to €34,476
- Taxes +€2,879
up €2,879 (+47.4%), from €6,078 to €8,958
- Depreciation +€2,685
up €2,685 (+43.7%), from €6,150 to €8,835
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 | €664,366 | €687,940 | +€23,574 | +3.5% |
| Fixed assets | 21/28 | €547,319 | €539,205 | -€8,115 | -1.5% |
| Tangible fixed assets | 22/27 | €47,319 | €39,205 | -€8,115 | -17.1% |
| Plant, machinery and equipment | 23 | €3,934 | €2,840 | -€1,094 | -27.8% |
| Furniture and vehicles | 24 | €34,431 | €27,464 | -€6,967 | -20.2% |
| Other tangible fixed assets | 26 | €8,955 | €8,901 | -€54 | -0.6% |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €117,046 | €148,735 | +€31,689 | +27.1% |
| Amounts receivable within one year | 40/41 | €86,402 | €500 | -€85,902 | -99.4% |
| Trade receivables | 40 | €85,563 | €500 | -€85,063 | -99.4% |
| Other amounts receivable | 41 | €839 | - | -€839 | |
| Cash at bank and in hand | 54/58 | €29,468 | €134,521 | +€105,053 | +356.5% |
| Deferred charges and accrued income | 490/1 | €1,176 | €13,715 | +€12,539 | +1065.9% |
| Total equity and liabilities | 10/49 | €664,366 | €687,940 | +€23,574 | +3.5% |
| Equity | 10/15 | €25,210 | €153,791 | +€128,581 | +510.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €49,055 | €124,055 | +€75,000 | +152.9% |
| Distributable reserves | 133 | €49,055 | €124,055 | +€75,000 | +152.9% |
| Profit (loss) carried forward | 14 | -€30,045 | €23,536 | +€53,581 | |
| Provisions and deferred taxes | 16 | €478,667 | €473,610 | -€5,058 | -1.1% |
| Provisions for liabilities and charges | 160/5 | €478,667 | €473,610 | -€5,058 | -1.1% |
| Environmental obligations | 163 | €478,667 | €473,610 | -€5,058 | -1.1% |
| Amounts payable | 17/49 | €160,488 | €60,539 | -€99,949 | -62.3% |
| Amounts payable within one year | 42/48 | €160,488 | €60,539 | -€99,949 | -62.3% |
| Trade debts | 44 | €1,400 | €3,751 | +€2,351 | +167.9% |
| Suppliers | 440/4 | €1,400 | €3,751 | +€2,351 | +167.9% |
| Taxes, remuneration and social security | 45 | €10,204 | €15,915 | +€5,711 | +56.0% |
| Taxes | 450/3 | €10,204 | €15,915 | +€5,711 | +56.0% |
| Other amounts payable | 47/48 | €148,883 | €40,873 | -€108,010 | -72.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,150 | €8,835 | +€2,685 | +43.7% |
| Other operating charges | 640/8 | €2,017 | €2,369 | +€353 | +17.5% |
| Gross operating margin | 9900 | €51,531 | €34,476 | -€17,055 | -33.1% |
| Operating profit (loss) | 9901 | €43,364 | €23,272 | -€20,093 | -46.3% |
| Financial income | 75/76B | €2,707 | €150,000 | +€147,293 | +5440.4% |
| Recurring financial income | 75 | €2,707 | €150,000 | +€147,293 | +5440.4% |
| Financial charges | 65/66B | €35,989 | €35,733 | -€255 | -0.7% |
| Recurring financial charges | 65 | €35,989 | €35,733 | -€255 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €10,083 | €137,538 | +€127,455 | +1264.0% |
| Income taxes | 67/77 | €6,078 | €8,958 | +€2,879 | +47.4% |
| Profit (loss) for the period | 9904 | €4,005 | €128,581 | +€124,576 | +3110.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,005 | €128,581 | +€124,576 | +3110.7% |
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 5 October 2026 via checked.be.