Roe: 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.
Roe
Largest movements
- Cash +€16,909
up €16,909 (+81.7%), from €20,708 to €37,617
mainly Depreciation (+€10,929) and Net result for the year (+€9,811)
- Financial fixed assets -€8,000
no longer reported in 2024 (was €8,000)
- Stocks and contracts +€1,412
up €1,412 (+67.2%), from €2,101 to €3,513
- Tangible fixed assets +€1,269
up €1,269 (+2.7%), from €47,461 to €48,730
of which Plant, machinery and equipment: +€2,505
- Profit (loss) carried forward +€9,811
up €9,811 (+2,086%), from €470 to €10,282
- Tax, wage and social debts +€9,611
up €9,611 (+1,161%), from €828 to €10,438
- Other debts -€9,159
down €9,159 (-51.6%), from €17,741 to €8,582
- Gross operating margin +€92,150
up €92,150 (+347%), from €26,578 to €118,728
- Staff costs +€68,146
up €68,146 (+303%), from €22,494 to €90,640
- Depreciation +€9,183
up €9,183 (+526%), from €1,745 to €10,929
- Financial charges +€3,738
up €3,738 (+522%), from €716 to €4,454
- Taxes +€2,002
up €2,002 (+820%), from €244 to €2,246
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.
Derived cash bridge
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 | €79,751 | €91,168 | +€11,417 | +14.3% |
| Fixed assets | 21/28 | €55,461 | €48,730 | -€6,731 | -12.1% |
| Tangible fixed assets | 22/27 | €47,461 | €48,730 | +€1,269 | +2.7% |
| Plant, machinery and equipment | 23 | €40,103 | €42,608 | +€2,505 | +6.2% |
| Furniture and vehicles | 24 | €5,026 | €4,274 | -€752 | -15.0% |
| Other tangible fixed assets | 26 | €2,331 | €1,848 | -€483 | -20.7% |
| Financial fixed assets | 28 | €8,000 | - | -€8,000 | |
| Current assets | 29/58 | €24,290 | €42,438 | +€18,148 | +74.7% |
| Stocks and contracts in progress | 3 | €2,101 | €3,513 | +€1,412 | +67.2% |
| Stocks | 30/36 | €2,101 | €3,513 | +€1,412 | +67.2% |
| Amounts receivable within one year | 40/41 | €1,112 | €1,308 | +€196 | +17.7% |
| Trade receivables | 40 | €1,112 | €869 | -€242 | -21.8% |
| Other amounts receivable | 41 | - | €439 | +€439 | |
| Cash at bank and in hand | 54/58 | €20,708 | €37,617 | +€16,909 | +81.7% |
| Deferred charges and accrued income | 490/1 | €369 | - | -€369 | |
| Total equity and liabilities | 10/49 | €79,751 | €91,168 | +€11,417 | +14.3% |
| Equity | 10/15 | €5,470 | €15,282 | +€9,811 | +179% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €470 | €10,282 | +€9,811 | +2,086% |
| Amounts payable | 17/49 | €74,281 | €75,886 | +€1,605 | +2.2% |
| Amounts payable within one year | 42/48 | €56,232 | €56,973 | +€741 | +1.3% |
| Trade debts | 44 | €37,623 | €37,952 | +€329 | +0.9% |
| Suppliers | 440/4 | €37,623 | €37,952 | +€329 | +0.9% |
| Advances received on contracts in progress | 46 | €40 | - | -€40 | |
| Taxes, remuneration and social security | 45 | €828 | €10,438 | +€9,611 | +1,161% |
| Taxes | 450/3 | €828 | €10,438 | +€9,611 | +1,161% |
| Other amounts payable | 47/48 | €17,741 | €8,582 | -€9,159 | -51.6% |
| Accrued charges and deferred income | 492/3 | €18,049 | €18,913 | +€864 | +4.8% |
| Remuneration, social security and pensions | 62 | €22,494 | €90,640 | +€68,146 | +303% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,745 | €10,929 | +€9,183 | +526% |
| Other operating charges | 640/8 | €909 | €697 | -€212 | -23.3% |
| Gross operating margin | 9900 | €26,578 | €118,728 | +€92,150 | +347% |
| Operating profit (loss) | 9901 | €1,431 | €16,463 | +€15,033 | +1,051% |
| Financial income | 75/76B | €0 | €48 | +€48 | +79,400% |
| Recurring financial income | 75 | €0 | €48 | +€48 | +79,400% |
| Financial charges | 65/66B | €716 | €4,454 | +€3,738 | +522% |
| Recurring financial charges | 65 | €716 | €4,454 | +€3,738 | +522% |
| Profit (loss) for the period before taxes | 9903 | €715 | €12,057 | +€11,342 | +1,587% |
| Income taxes | 67/77 | €244 | €2,246 | +€2,002 | +820% |
| Profit (loss) for the period | 9904 | €470 | €9,811 | +€9,341 | +1,986% |
| Profit (loss) for the period to be appropriated | 9905 | €470 | €9,811 | +€9,341 | +1,986% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.