RODI: 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.
RODI
Largest movements
- Tangible fixed assets -€64,312
down €64,312 (-12.2%), from €528,715 to €464,404
of which Land and buildings: -€38,419
- Receivables within one year -€50,484
down €50,484 (-90.5%), from €55,759 to €5,275
of which Trade receivables: -€50,192
- Cash -€7,540
down €7,540 (-61.4%), from €12,275 to €4,735
mainly Debts after one year (-€40,321) and Trade debts (-€32,976)
- Debts after one year -€40,321
down €40,321 (-17.3%), from €232,712 to €192,390
- Trade debts -€32,976
down €32,976 (-89.8%), from €36,703 to €3,728
- Other debts -€26,669
down €26,669 (-16.5%), from €161,814 to €135,145
- Profit (loss) carried forward -€10,749
down €10,749 (-18.5%), from €58,183 to €47,434
- Gross operating margin -€27,348
down €27,348 (-30.0%), from €91,294 to €63,946
- Taxes -€6,379
down €6,379 (-94.2%), from €6,772 to €393
- Depreciation +€5,132
up €5,132 (+8.2%), from €62,422 to €67,554
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 | €598,055 | €476,528 | -€121,527 | -20.3% |
| Fixed assets | 21/28 | €528,775 | €464,464 | -€64,312 | -12.2% |
| Tangible fixed assets | 22/27 | €528,715 | €464,404 | -€64,312 | -12.2% |
| Land and buildings | 22 | €426,854 | €388,435 | -€38,419 | -9.0% |
| Plant, machinery and equipment | 23 | €6,249 | €3,582 | -€2,667 | -42.7% |
| Furniture and vehicles | 24 | €95,613 | €72,388 | -€23,225 | -24.3% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €69,279 | €12,064 | -€57,215 | -82.6% |
| Amounts receivable within one year | 40/41 | €55,759 | €5,275 | -€50,484 | -90.5% |
| Trade receivables | 40 | €55,467 | €5,275 | -€50,192 | -90.5% |
| Other amounts receivable | 41 | €292 | - | -€292 | |
| Cash at bank and in hand | 54/58 | €12,275 | €4,735 | -€7,540 | -61.4% |
| Deferred charges and accrued income | 490/1 | €1,245 | €2,055 | +€810 | +65.0% |
| Total equity and liabilities | 10/49 | €598,055 | €476,528 | -€121,527 | -20.3% |
| Equity | 10/15 | €97,198 | €83,357 | -€13,841 | -14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €20,416 | €17,323 | -€3,093 | -15.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €18,556 | €15,463 | -€3,093 | -16.7% |
| Profit (loss) carried forward | 14 | €58,183 | €47,434 | -€10,749 | -18.5% |
| Provisions and deferred taxes | 16 | €9,555 | €7,962 | -€1,592 | -16.7% |
| Deferred taxes | 168 | €9,555 | €7,962 | -€1,592 | -16.7% |
| Amounts payable | 17/49 | €491,302 | €385,209 | -€106,093 | -21.6% |
| Amounts payable after more than one year | 17 | €232,712 | €192,390 | -€40,321 | -17.3% |
| Financial debts | 170/4 | €232,712 | €192,390 | -€40,321 | -17.3% |
| Amounts payable within one year | 42/48 | €256,113 | €192,231 | -€63,882 | -24.9% |
| Current portion of amounts payable after more than one year | 42 | €39,157 | €40,321 | +€1,164 | +3.0% |
| Trade debts | 44 | €36,703 | €3,728 | -€32,976 | -89.8% |
| Suppliers | 440/4 | €36,703 | €3,728 | -€32,976 | -89.8% |
| Taxes, remuneration and social security | 45 | €18,438 | €13,037 | -€5,401 | -29.3% |
| Taxes | 450/3 | €16,938 | €11,537 | -€5,401 | -31.9% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €161,814 | €135,145 | -€26,669 | -16.5% |
| Accrued charges and deferred income | 492/3 | €2,477 | €588 | -€1,889 | -76.3% |
| Non-recurring operating income | 76A | €7,894 | - | -€7,894 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,422 | €67,554 | +€5,132 | +8.2% |
| Other operating charges | 640/8 | €4,978 | €4,771 | -€207 | -4.2% |
| Gross operating margin | 9900 | €91,294 | €63,946 | -€27,348 | -30.0% |
| Operating profit (loss) | 9901 | €23,894 | -€8,379 | -€32,273 | |
| Financial income | 75/76B | €22 | - | -€22 | |
| Recurring financial income | 75 | €22 | - | -€22 | |
| Financial charges | 65/66B | €7,352 | €6,662 | -€690 | -9.4% |
| Recurring financial charges | 65 | €7,352 | €6,662 | -€690 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €16,564 | -€15,041 | -€31,605 | |
| Transfer from deferred taxes | 780 | €1,592 | €1,592 | = | 0.0% |
| Income taxes | 67/77 | €6,772 | €393 | -€6,379 | -94.2% |
| Profit (loss) for the period | 9904 | €11,385 | -€13,841 | -€25,226 | |
| Transfer from tax-exempt reserves | 789 | €3,093 | €3,093 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,477 | -€10,749 | -€25,226 |
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.