RODINVEST: 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.
RODINVEST
Largest movements
- Financial fixed assets +€2.2m
up €2.2m (+119%), from €1.8m to €4.0m
- Receivables within one year +€91,423
up €91,423 (+43.5%), from €210,285 to €301,708
of which Trade receivables: +€105,500
- Debts after one year +€1.3m
up €1.3m (+214%), from €604,790 to €1.9m
- Other debts +€945,298
up €945,298 (+136%), from €692,969 to €1.6m
- Trade debts +€97,267
up €97,267 (+956%), from €10,173 to €107,440
- Current portion of long-term debt -€62,340
down €62,340 (-33.2%), from €187,622 to €125,281
- Gross operating margin +€111,747
up €111,747, from -€33,405 to €78,343
- Financial charges +€24,262
up €24,262 (+52.9%), from €45,893 to €70,156
- Other operating charges -€1,944
down €1,944 (-51.3%), from €3,790 to €1,846
- Financial income +€1,789
up €1,789 (+59.9%), from €2,986 to €4,775
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,142,282 | €4,407,544 | +€2.3m | +106% |
| Fixed assets | 21/28 | €1,903,097 | €4,072,191 | +€2.2m | +114% |
| Tangible fixed assets | 22/27 | €68,939 | €47,276 | -€21,663 | -31.4% |
| Furniture and vehicles | 24 | €20,601 | €13,930 | -€6,672 | -32.4% |
| Leasing and similar rights | 25 | €42,838 | €27,846 | -€14,991 | -35.0% |
| Assets under construction and advance payments | 27 | €5,500 | €5,500 | = | 0.0% |
| Financial fixed assets | 28 | €1,834,158 | €4,024,915 | +€2.2m | +119% |
| Current assets | 29/58 | €239,185 | €335,353 | +€96,168 | +40.2% |
| Amounts receivable within one year | 40/41 | €210,285 | €301,708 | +€91,423 | +43.5% |
| Trade receivables | 40 | €10,989 | €116,489 | +€105,500 | +960% |
| Other amounts receivable | 41 | €199,296 | €185,219 | -€14,077 | -7.1% |
| Cash at bank and in hand | 54/58 | €23,712 | €27,859 | +€4,147 | +17.5% |
| Deferred charges and accrued income | 490/1 | €5,188 | €5,785 | +€597 | +11.5% |
| Total equity and liabilities | 10/49 | €2,142,282 | €4,407,544 | +€2.3m | +106% |
| Equity | 10/15 | €645,635 | €634,812 | -€10,823 | -1.7% |
| 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 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €577,435 | €566,612 | -€10,823 | -1.9% |
| Amounts payable | 17/49 | €1,496,647 | €3,772,732 | +€2.3m | +152% |
| Amounts payable after more than one year | 17 | €604,790 | €1,901,204 | +€1.3m | +214% |
| Financial debts | 170/4 | €604,790 | €1,901,204 | +€1.3m | +214% |
| Amounts payable within one year | 42/48 | €891,857 | €1,871,528 | +€979,671 | +110% |
| Current portion of amounts payable after more than one year | 42 | €187,622 | €125,281 | -€62,340 | -33.2% |
| Trade debts | 44 | €10,173 | €107,440 | +€97,267 | +956% |
| Suppliers | 440/4 | €10,173 | €107,440 | +€97,267 | +956% |
| Taxes, remuneration and social security | 45 | €1,092 | €539 | -€554 | -50.7% |
| Taxes | 450/3 | €1,092 | €539 | -€554 | -50.7% |
| Other amounts payable | 47/48 | €692,969 | €1,638,267 | +€945,298 | +136% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,272 | €21,663 | -€610 | -2.7% |
| Other operating charges | 640/8 | €3,790 | €1,846 | -€1,944 | -51.3% |
| Gross operating margin | 9900 | -€33,405 | €78,343 | +€111,747 | |
| Operating profit (loss) | 9901 | -€59,467 | €54,834 | +€114,301 | |
| Financial income | 75/76B | €2,986 | €4,775 | +€1,789 | +59.9% |
| Recurring financial income | 75 | €2,986 | €4,775 | +€1,789 | +59.9% |
| Financial charges | 65/66B | €45,893 | €70,156 | +€24,262 | +52.9% |
| Recurring financial charges | 65 | €45,893 | €70,156 | +€24,262 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | -€102,374 | -€10,547 | +€91,827 | +89.7% |
| Income taxes | 67/77 | €339 | €277 | -€63 | -18.5% |
| Profit (loss) for the period | 9904 | -€102,713 | -€10,823 | +€91,890 | +89.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€102,713 | -€10,823 | +€91,890 | +89.5% |
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 26 October 2026 via checked.be.