RODMA: 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.
RODMA
Largest movements
- Current investments +€65,000
up €65,000 (+14.4%), from €450,000 to €515,000
- Cash -€46,630
down €46,630 (-81.2%), from €57,431 to €10,801
mainly Current investments (-€65,000) and Contributions, distributions and other (-€65,000)
- Reserves +€51,257
up €51,257 (+4.1%), from €1.3m to €1.3m
of which Distributable reserves: +€51,257
- Tax, wage and social debts -€30,737
down €30,737 (-75.6%), from €40,684 to €9,946
- Financial income +€13,820
new in 2024: €13,820
- Gross operating margin +€6,841
up €6,841 (+3.9%), from €173,211 to €180,052
- Taxes +€5,888
up €5,888 (+12.2%), from €48,204 to €54,093
- Depreciation +€1,855
up €1,855 (+12.4%), from €14,976 to €16,831
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,758,034 | €1,768,253 | +€10,219 | +0.6% |
| Fixed assets | 21/28 | €578,198 | €561,367 | -€16,831 | -2.9% |
| Tangible fixed assets | 22/27 | €578,198 | €561,367 | -€16,831 | -2.9% |
| Land and buildings | 22 | €563,253 | €550,346 | -€12,907 | -2.3% |
| Plant, machinery and equipment | 23 | €14,945 | €11,021 | -€3,925 | -26.3% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €1,179,836 | €1,206,886 | +€27,050 | +2.3% |
| Amounts receivable within one year | 40/41 | €672,085 | €681,085 | +€9,000 | +1.3% |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €672,085 | €681,085 | +€9,000 | +1.3% |
| Current investments | 50/53 | €450,000 | €515,000 | +€65,000 | +14.4% |
| Cash at bank and in hand | 54/58 | €57,431 | €10,801 | -€46,630 | -81.2% |
| Deferred charges and accrued income | 490/1 | €319 | €0 | -€319 | -100.0% |
| Total equity and liabilities | 10/49 | €1,758,034 | €1,768,253 | +€10,219 | +0.6% |
| Equity | 10/15 | €1,640,899 | €1,692,156 | +€51,257 | +3.1% |
| Contributions | 10/11 | €384,000 | €384,000 | = | 0.0% |
| Capital | 10 | €384,000 | €384,000 | = | 0.0% |
| Issued capital | 100 | €384,000 | €384,000 | = | 0.0% |
| Reserves | 13 | €1,256,899 | €1,308,156 | +€51,257 | +4.1% |
| Non-distributable reserves | 130/1 | €38,400 | €38,400 | = | 0.0% |
| Legal reserve | 130 | €38,400 | €38,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,241 | €18,241 | = | 0.0% |
| Distributable reserves | 133 | €1,200,258 | €1,251,515 | +€51,257 | +4.3% |
| Amounts payable | 17/49 | €117,135 | €76,097 | -€41,038 | -35.0% |
| Amounts payable within one year | 42/48 | €117,135 | €76,097 | -€41,038 | -35.0% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €40,684 | €9,946 | -€30,737 | -75.6% |
| Taxes | 450/3 | €40,684 | €9,946 | -€30,737 | -75.6% |
| Other amounts payable | 47/48 | €76,451 | €66,150 | -€10,300 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,976 | €16,831 | +€1,855 | +12.4% |
| Other operating charges | 640/8 | €6,680 | €6,648 | -€32 | -0.5% |
| Gross operating margin | 9900 | €173,211 | €180,052 | +€6,841 | +3.9% |
| Operating profit (loss) | 9901 | €151,554 | €156,573 | +€5,018 | +3.3% |
| Financial income | 75/76B | - | €13,820 | +€13,820 | |
| Recurring financial income | 75 | - | €13,820 | +€13,820 | |
| Financial charges | 65/66B | -€30 | €44 | +€74 | |
| Recurring financial charges | 65 | -€30 | €44 | +€74 | |
| Profit (loss) for the period before taxes | 9903 | €151,584 | €170,349 | +€18,765 | +12.4% |
| Income taxes | 67/77 | €48,204 | €54,093 | +€5,888 | +12.2% |
| Profit (loss) for the period | 9904 | €103,380 | €116,257 | +€12,877 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €103,380 | €116,257 | +€12,877 | +12.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.