RODERCO: 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.
What changed
RODERCO
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€307,449
2024 · €563,346-€255,897
Equity
€11.4m
2024 · €11.3m+€100,366
Cash
€194,535
2024 · €296,482-€101,948
Balance sheet total
€12.8m
2024 · €13.1m-€284,402
Largest movements
Assets
- Financial fixed assets -€354,500
down €354,500 (-4.0%), from €8.8m to €8.5m
- Current investments +€156,491
up €156,491 (+4.6%), from €3.4m to €3.6m
Equity and liabilities
- Debts after one year -€389,855
down €389,855 (-29.2%), from €1.3m to €945,036
Income statement
- Financial income -€211,725
down €211,725 (-59.7%), from €354,428 to €142,703
- Turnover -€119,000
down €119,000 (-16.9%), from €704,000 to €585,000
- Financial charges -€37,217
down €37,217 (-42.1%), from €88,351 to €51,134
- Services and other goods +€33,955
up €33,955 (+11.5%), from €295,186 to €329,140
- Taxes -€11,902
down €11,902 (-11.0%), from €108,164 to €96,261
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.
Result 2024
€563,346
Turnover
-€119,000
Other operating income
+€1,826
Services and other goods
-€33,955
Depreciation
-€290
Other operating charges
-€58
Other operating items
+€58,185
Financial income
-€211,725
Financial charges
+€37,217
Taxes
+€11,902
Result 2025
€307,449
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€292,919
Investment
+€192,154
Financing
-€587,020
Cash 2024
€296,482
From operations (derived)
+€292,919
Net result for the year
+€307,449
Depreciation
+€3,306
Receivables after one year
-€42,272
Receivables within one year
+€26,453
Deferred charges and accrued income
+€2,814
Trade debts
-€12,486
Tax, wage and social debts
+€5,238
Other debts
+€1,492
Accrued charges and deferred income
+€925
Investment (derived)
+€192,154
Investment in fixed assets (net)
+€348,644
Current investments
-€156,491
Financing
-€587,020
Debts after one year
-€389,855
Current portion of long-term debt
+€10,708
Short-term financial debts
-€790
Contributions, distributions and other
-€207,083
Cash 2025
€194,535
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,102,042 | €12,817,640 | -€284,402 | -2.2% |
| Fixed assets | 21/28 | €8,833,212 | €8,481,262 | -€351,950 | -4.0% |
| Tangible fixed assets | 22/27 | €3,712 | €6,262 | +€2,550 | +68.7% |
| Furniture and vehicles | 24 | €3,712 | €6,262 | +€2,550 | +68.7% |
| Financial fixed assets | 28 | €8,829,500 | €8,475,000 | -€354,500 | -4.0% |
| Affiliated companies | 280/1 | €8,829,500 | €8,475,000 | -€354,500 | -4.0% |
| Participating interests | 280 | €8,829,500 | €8,475,000 | -€354,500 | -4.0% |
| Current assets | 29/58 | €4,268,829 | €4,336,378 | +€67,548 | +1.6% |
| Amounts receivable after more than one year | 29 | €445,835 | €488,107 | +€42,272 | +9.5% |
| Trade receivables | 290 | €400,000 | €0 | -€400,000 | -100% |
| Other amounts receivable | 291 | €45,835 | €488,107 | +€442,272 | +965% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €106,872 | €80,419 | -€26,453 | -24.8% |
| Trade receivables | 40 | €68,970 | €56,267 | -€12,703 | -18.4% |
| Other amounts receivable | 41 | €37,902 | €24,152 | -€13,750 | -36.3% |
| Current investments | 50/53 | €3,411,792 | €3,568,283 | +€156,491 | +4.6% |
| Other investments | 51/53 | €3,411,792 | €3,568,283 | +€156,491 | +4.6% |
| Cash at bank and in hand | 54/58 | €296,482 | €194,535 | -€101,948 | -34.4% |
| Deferred charges and accrued income | 490/1 | €7,848 | €5,034 | -€2,814 | -35.9% |
| Total equity and liabilities | 10/49 | €13,102,042 | €12,817,640 | -€284,402 | -2.2% |
| Equity | 10/15 | €11,348,448 | €11,448,814 | +€100,366 | +0.9% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Capital | 10 | €120,000 | €120,000 | = | 0.0% |
| Issued capital | 100 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €11,228,448 | €11,328,814 | +€100,366 | +0.9% |
| Non-distributable reserves | 130/1 | €12,000 | €12,000 | = | 0.0% |
| Legal reserve | 130 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €11,216,448 | €11,316,814 | +€100,366 | +0.9% |
| Amounts payable | 17/49 | €1,753,594 | €1,368,826 | -€384,768 | -21.9% |
| Amounts payable after more than one year | 17 | €1,334,891 | €945,036 | -€389,855 | -29.2% |
| Financial debts | 170/4 | €1,334,891 | €945,036 | -€389,855 | -29.2% |
| Credit institutions | 173 | €1,334,891 | €945,036 | -€389,855 | -29.2% |
| Amounts payable within one year | 42/48 | €418,702 | €422,864 | +€4,162 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €379,147 | €389,855 | +€10,708 | +2.8% |
| Financial debts | 43 | €790 | €0 | -€790 | -100% |
| Credit institutions | 430/8 | €790 | €0 | -€790 | -100% |
| Trade debts | 44 | €14,486 | €2,000 | -€12,486 | -86.2% |
| Suppliers | 440/4 | €14,486 | €2,000 | -€12,486 | -86.2% |
| Taxes, remuneration and social security | 45 | €24,262 | €29,501 | +€5,238 | +21.6% |
| Taxes | 450/3 | €24,262 | €21,501 | -€2,762 | -11.4% |
| Remuneration and social security | 454/9 | - | €8,000 | +€8,000 | |
| Other amounts payable | 47/48 | €16 | €1,508 | +€1,492 | +9,200% |
| Accrued charges and deferred income | 492/3 | €0 | €925 | +€925 | |
| Operating income | 70/76A | €706,042 | €647,053 | -€58,989 | -8.4% |
| Turnover | 70 | €704,000 | €585,000 | -€119,000 | -16.9% |
| Other operating income | 74 | €2,042 | €3,868 | +€1,826 | +89.4% |
| Non-recurring operating income | 76A | - | €58,185 | +€58,185 | |
| Operating charges | 60/66A | €300,609 | €334,911 | +€34,302 | +11.4% |
| Services and other goods | 61 | €295,186 | €329,140 | +€33,955 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,016 | €3,306 | +€290 | +9.6% |
| Other operating charges | 640/8 | €2,407 | €2,465 | +€58 | +2.4% |
| Operating profit (loss) | 9901 | €405,433 | €312,141 | -€93,292 | -23.0% |
| Financial income | 75/76B | €354,428 | €142,703 | -€211,725 | -59.7% |
| Recurring financial income | 75 | €354,428 | €142,703 | -€211,725 | -59.7% |
| Income from financial fixed assets | 750 | €299,160 | €0 | -€299,160 | -100% |
| Income from current assets | 751 | €29,565 | €85,622 | +€56,057 | +190% |
| Other financial income | 752/9 | €25,703 | €57,081 | +€31,378 | +122% |
| Financial charges | 65/66B | €88,351 | €51,134 | -€37,217 | -42.1% |
| Recurring financial charges | 65 | €88,351 | €51,134 | -€37,217 | -42.1% |
| Debt charges | 650 | €54,864 | €43,937 | -€10,927 | -19.9% |
| Other financial charges | 652/9 | €33,487 | €7,197 | -€26,290 | -78.5% |
| Profit (loss) for the period before taxes | 9903 | €671,510 | €403,710 | -€267,800 | -39.9% |
| Income taxes | 67/77 | €108,164 | €96,261 | -€11,902 | -11.0% |
| Taxes | 670/3 | €108,164 | €96,261 | -€11,902 | -11.0% |
| Profit (loss) for the period | 9904 | €563,346 | €307,449 | -€255,897 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €563,346 | €307,449 | -€255,897 | -45.4% |
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 18 October 2026 via checked.be.