RODENIK: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
RODENIK
Largest movements
- Current investments -€1.5m
down €1.5m (-100%), from €1.5m to €0
- Cash +€1.3m
up €1.3m (+334%), from €390,313 to €1.7m
mainly Current investments (+€1.5m) and Deferred charges and accrued income (+€16,994)
- Tangible fixed assets +€97,941
up €97,941 (+493%), from €19,849 to €117,790
- Profit (loss) carried forward -€84,323
down €84,323, from €71,188 to -€13,135
- Gross operating margin +€38,067
up €38,067 (+57.0%), from -€66,793 to -€28,727
- Financial income +€12,319
up €12,319 (+7.4%), from €167,350 to €179,669
- Depreciation -€9,240
down €9,240 (-46.3%), from €19,949 to €10,708
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,129,399 | €8,038,855 | -€90,544 | -1.1% |
| Fixed assets | 21/28 | €6,219,849 | €6,317,790 | +€97,941 | +1.6% |
| Tangible fixed assets | 22/27 | €19,849 | €117,790 | +€97,941 | +493% |
| Furniture and vehicles | 24 | €19,849 | €117,790 | +€97,941 | +493% |
| Financial fixed assets | 28 | €6,200,000 | €6,200,000 | = | 0.0% |
| Current assets | 29/58 | €1,909,551 | €1,721,065 | -€188,485 | -9.9% |
| Amounts receivable within one year | 40/41 | €379 | €25,322 | +€24,943 | +6,584% |
| Trade receivables | 40 | - | €1,119 | +€1,119 | |
| Other amounts receivable | 41 | €379 | €24,203 | +€23,824 | +6,289% |
| Current investments | 50/53 | €1,500,000 | €0 | -€1.5m | -100% |
| Cash at bank and in hand | 54/58 | €390,313 | €1,693,879 | +€1.3m | +334% |
| Deferred charges and accrued income | 490/1 | €18,859 | €1,865 | -€16,994 | -90.1% |
| Total equity and liabilities | 10/49 | €8,129,399 | €8,038,855 | -€90,544 | -1.1% |
| Equity | 10/15 | €4,194,815 | €4,110,492 | -€84,323 | -2.0% |
| Contributions | 10/11 | €4,120,000 | €4,120,000 | = | 0.0% |
| Reserves | 13 | €3,627 | €3,627 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,627 | €3,627 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,627 | €3,627 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,188 | -€13,135 | -€84,323 | |
| Amounts payable | 17/49 | €3,934,585 | €3,928,363 | -€6,221 | -0.2% |
| Amounts payable after more than one year | 17 | €3,879,010 | €3,879,010 | = | 0.0% |
| Other amounts payable | 178/9 | €3,879,010 | €3,879,010 | = | 0.0% |
| Amounts payable within one year | 42/48 | €55,575 | €49,353 | -€6,221 | -11.2% |
| Trade debts | 44 | €2,528 | €0 | -€2,528 | -100% |
| Suppliers | 440/4 | €2,528 | €0 | -€2,528 | -100% |
| Taxes, remuneration and social security | 45 | €53,047 | €49,353 | -€3,693 | -7.0% |
| Taxes | 450/3 | €49,335 | €45,626 | -€3,709 | -7.5% |
| Remuneration and social security | 454/9 | €3,712 | €3,728 | +€16 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,949 | €10,708 | -€9,240 | -46.3% |
| Other operating charges | 640/8 | €2,175 | €2,129 | -€45 | -2.1% |
| Gross operating margin | 9900 | -€66,793 | -€28,727 | +€38,067 | +57.0% |
| Operating profit (loss) | 9901 | -€88,916 | -€41,564 | +€47,352 | +53.3% |
| Financial income | 75/76B | €167,350 | €179,669 | +€12,319 | +7.4% |
| Recurring financial income | 75 | €167,350 | €179,669 | +€12,319 | +7.4% |
| Financial charges | 65/66B | €150,420 | €150,433 | +€13 | 0.0% |
| Recurring financial charges | 65 | €150,420 | €150,433 | +€13 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€71,986 | -€12,328 | +€59,658 | +82.9% |
| Income taxes | 67/77 | €971 | €807 | -€164 | -16.9% |
| Profit (loss) for the period | 9904 | -€72,958 | -€13,135 | +€59,822 | +82.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,958 | -€13,135 | +€59,822 | +82.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.