RODENE: 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.
RODENE
Largest movements
- Tangible fixed assets -€40,395
down €40,395 (-12.0%), from €336,854 to €296,458
- Cash +€5,705
up €5,705 (+18.4%), from €30,921 to €36,626
mainly Depreciation (+€46,034) and Deferred charges and accrued income (+€2,147)
- Profit (loss) carried forward -€34,590
down €34,590 (-18.3%), from -€189,439 to -€224,029
- Other debts -€4,908
down €4,908 (-1.0%), from €506,359 to €501,451
- Financial charges -€27,633
down €27,633 (-88.5%), from €31,228 to €3,595
- Gross operating margin -€17,556
down €17,556 (-48.8%), from €35,941 to €18,385
- Depreciation +€2,248
up €2,248 (+5.1%), from €43,787 to €46,034
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 | €386,729 | €349,891 | -€36,837 | -9.5% |
| Fixed assets | 21/28 | €336,854 | €296,458 | -€40,395 | -12.0% |
| Tangible fixed assets | 22/27 | €336,854 | €296,458 | -€40,395 | -12.0% |
| Land and buildings | 22 | €265,140 | €249,854 | -€15,286 | -5.8% |
| Plant, machinery and equipment | 23 | €273 | €0 | -€273 | -100.0% |
| Furniture and vehicles | 24 | €37,425 | €22,260 | -€15,164 | -40.5% |
| Other tangible fixed assets | 26 | €34,017 | €24,344 | -€9,673 | -28.4% |
| Current assets | 29/58 | €49,875 | €53,433 | +€3,558 | +7.1% |
| Current investments | 50/53 | €15,245 | €15,245 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €30,921 | €36,626 | +€5,705 | +18.4% |
| Deferred charges and accrued income | 490/1 | €3,709 | €1,562 | -€2,147 | -57.9% |
| Total equity and liabilities | 10/49 | €386,729 | €349,891 | -€36,837 | -9.5% |
| Equity | 10/15 | -€122,946 | -€157,536 | -€34,590 | -28.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €4,520 | €4,520 | = | 0.0% |
| Non-distributable reserves | 130/1 | €232 | €232 | = | 0.0% |
| Legal reserve | 130 | €232 | €232 | = | 0.0% |
| Distributable reserves | 133 | €4,288 | €4,288 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€189,439 | -€224,029 | -€34,590 | -18.3% |
| Amounts payable | 17/49 | €509,674 | €507,427 | -€2,247 | -0.4% |
| Amounts payable within one year | 42/48 | €509,674 | €507,427 | -€2,247 | -0.4% |
| Trade debts | 44 | €606 | €2,322 | +€1,716 | +283.0% |
| Suppliers | 440/4 | €606 | €2,322 | +€1,716 | +283.0% |
| Taxes, remuneration and social security | 45 | €2,709 | €3,654 | +€945 | +34.9% |
| Taxes | 450/3 | €2,709 | €3,654 | +€945 | +34.9% |
| Other amounts payable | 47/48 | €506,359 | €501,451 | -€4,908 | -1.0% |
| Non-recurring operating income | 76A | €6,600 | €0 | -€6,600 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,787 | €46,034 | +€2,248 | +5.1% |
| Other operating charges | 640/8 | €2,983 | €3,022 | +€40 | +1.3% |
| Gross operating margin | 9900 | €35,941 | €18,385 | -€17,556 | -48.8% |
| Operating profit (loss) | 9901 | -€10,829 | -€30,671 | -€19,843 | -183.2% |
| Financial income | 75/76B | €0 | €8 | +€7 | +1623.9% |
| Recurring financial income | 75 | €0 | €8 | +€7 | +1623.9% |
| Financial charges | 65/66B | €31,228 | €3,595 | -€27,633 | -88.5% |
| Recurring financial charges | 65 | €31,228 | €3,595 | -€27,633 | -88.5% |
| Profit (loss) for the period before taxes | 9903 | -€42,056 | -€34,258 | +€7,798 | +18.5% |
| Income taxes | 67/77 | €425 | €332 | -€93 | -21.8% |
| Profit (loss) for the period | 9904 | -€42,481 | -€34,590 | +€7,890 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,481 | -€34,590 | +€7,890 | +18.6% |
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 28 September 2026 via checked.be.