RODHEUDT: 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
RODHEUDT
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€314,499
2024 · €342,934-€28,435
Equity
€4.3m
2024 · €4.2m+€64,499
Cash
€6,377
2024 · €21,261-€14,884
Balance sheet total
€4.6m
2024 · €4.4m+€223,253
Largest movements
Assets
- Current investments +€140,000
up €140,000 (+22.2%), from €630,000 to €770,000
- Receivables within one year +€96,142
up €96,142 (+6.9%), from €1.4m to €1.5m
of which Other amounts receivable: +€91,907
Equity and liabilities
- Other debts +€147,500
up €147,500 (+137.9%), from €107,000 to €254,500
- Reserves +€50,000
up €50,000 (+3.7%), from €1.3m to €1.4m
of which Distributable reserves: +€50,000
Income statement
- Gross operating margin -€49,589
down €49,589 (-8.2%), from €602,306 to €552,717
- Taxes -€9,973
down €9,973 (-6.4%), from €155,495 to €145,523
- Financial income +€8,325
up €8,325 (+112.0%), from €7,434 to €15,759
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
€342,934
Gross operating margin
-€49,589
Depreciation
+€4,412
Other operating charges
-€1,414
Financial income
+€8,325
Financial charges
-€141
Taxes
+€9,973
Result 2025
€314,499
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.
From operations
+€380,016
Investment
-€144,900
Financing
-€250,000
Cash 2024
€21,261
From operations (derived)
+€380,016
Net result for the year
+€314,499
Depreciation
+€11,599
Receivables within one year
-€96,142
Deferred charges and accrued income
-€8,694
Trade debts
-€1,189
Tax, wage and social debts
+€11,936
Other debts
+€147,500
Accrued charges and deferred income
+€508
Investment (derived)
-€144,900
Investment in fixed assets (net)
-€4,900
Current investments
-€140,000
Financing
-€250,000
Contributions, distributions and other
-€250,000
Cash 2025
€6,377
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,419,042 | €4,642,295 | +€223,253 | +5.1% |
| Fixed assets | 21/28 | €1,079,481 | €1,072,782 | -€6,699 | -0.6% |
| Tangible fixed assets | 22/27 | €1,079,481 | €1,072,782 | -€6,699 | -0.6% |
| Land and buildings | 22 | €1,068,911 | €1,061,888 | -€7,023 | -0.7% |
| Plant, machinery and equipment | 23 | €4,397 | €8,791 | +€4,393 | +99.9% |
| Furniture and vehicles | 24 | €6,173 | €2,104 | -€4,069 | -65.9% |
| Current assets | 29/58 | €3,339,561 | €3,569,512 | +€229,952 | +6.9% |
| Stocks and contracts in progress | 3 | €1,289,505 | €1,289,505 | = | 0.0% |
| Stocks | 30/36 | €1,289,505 | €1,289,505 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,394,451 | €1,490,593 | +€96,142 | +6.9% |
| Trade receivables | 40 | €0 | €4,235 | +€4,235 | |
| Other amounts receivable | 41 | €1,394,451 | €1,486,358 | +€91,907 | +6.6% |
| Current investments | 50/53 | €630,000 | €770,000 | +€140,000 | +22.2% |
| Cash at bank and in hand | 54/58 | €21,261 | €6,377 | -€14,884 | -70.0% |
| Deferred charges and accrued income | 490/1 | €4,343 | €13,037 | +€8,694 | +200.2% |
| Total equity and liabilities | 10/49 | €4,419,042 | €4,642,295 | +€223,253 | +5.1% |
| Equity | 10/15 | €4,203,711 | €4,268,209 | +€64,499 | +1.5% |
| 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 | €1,346,714 | €1,396,714 | +€50,000 | +3.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €66,880 | €66,880 | = | 0.0% |
| Distributable reserves | 133 | €1,273,634 | €1,323,634 | +€50,000 | +3.9% |
| Profit (loss) carried forward | 14 | €2,794,997 | €2,809,495 | +€14,499 | +0.5% |
| Amounts payable | 17/49 | €215,331 | €374,085 | +€158,754 | +73.7% |
| Amounts payable within one year | 42/48 | €127,851 | €286,098 | +€158,247 | +123.8% |
| Trade debts | 44 | €1,246 | €57 | -€1,189 | -95.5% |
| Suppliers | 440/4 | €1,246 | €57 | -€1,189 | -95.5% |
| Taxes, remuneration and social security | 45 | €19,605 | €31,541 | +€11,936 | +60.9% |
| Taxes | 450/3 | €19,605 | €31,541 | +€11,936 | +60.9% |
| Other amounts payable | 47/48 | €107,000 | €254,500 | +€147,500 | +137.9% |
| Accrued charges and deferred income | 492/3 | €87,480 | €87,988 | +€508 | +0.6% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,010 | €11,599 | -€4,412 | -27.6% |
| Other operating charges | 640/8 | €95,170 | €96,585 | +€1,414 | +1.5% |
| Gross operating margin | 9900 | €602,306 | €552,717 | -€49,589 | -8.2% |
| Operating profit (loss) | 9901 | €491,125 | €444,534 | -€46,591 | -9.5% |
| Financial income | 75/76B | €7,434 | €15,759 | +€8,325 | +112.0% |
| Recurring financial income | 75 | €7,434 | €15,759 | +€8,325 | +112.0% |
| Financial charges | 65/66B | €130 | €271 | +€141 | +108.7% |
| Recurring financial charges | 65 | €130 | €271 | +€141 | +108.7% |
| Profit (loss) for the period before taxes | 9903 | €498,429 | €460,022 | -€38,408 | -7.7% |
| Income taxes | 67/77 | €155,495 | €145,523 | -€9,973 | -6.4% |
| Profit (loss) for the period | 9904 | €342,934 | €314,499 | -€28,435 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €342,934 | €314,499 | -€28,435 | -8.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.