Roefs Group: 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.
What changed
Roefs Group
NACE 64.210, Activities of holding companies
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€239,994
2023 · €252,518-€12,523
Equity
€10.9m
2023 · €10.7m+€239,994
Cash
€103,252
2023 · €1,222+€102,030
Balance sheet total
€33.0m
2023 · €31.6m+€1.4m
Largest movements
Assets
- Receivables within one year +€1.3m
up €1.3m (+47.4%), from €2.6m to €3.9m
of which Trade receivables: +€1.8m
Equity and liabilities
- Other debts +€5.8m
up €5.8m (+151.7%), from €3.8m to €9.6m
- Short-term financial debts -€2.5m
down €2.5m (-97.6%), from €2.6m to €61,464
- Debts after one year -€1.7m
down €1.7m (-14.2%), from €11.8m to €10.1m
- Accrued charges and deferred income -€842,039
no longer reported in 2024 (was €842,039)
Income statement
- Turnover -€256,312
down €256,312 (-9.7%), from €2.6m to €2.4m
- Services and other goods -€139,225
down €139,225 (-13.2%), from €1.1m to €917,620
- Financial charges -€113,306
down €113,306 (-9.0%), from €1.3m to €1.1m
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.
Result 2023
€252,518
Turnover
-€256,312
Services and other goods
+€139,225
Depreciation
+€372
Other operating charges
+€323
Other operating items
-€6,451
Financial income
-€7,487
Financial charges
+€113,306
Taxes
+€4,500
Result 2024
€239,994
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.
From operations
+€4.2m
Investment
€0
Financing
-€4.1m
Cash 2023
€1,222
From operations (derived)
+€4.2m
Net result for the year
+€239,994
Depreciation
+€1,636
Receivables within one year
-€1.3m
Smaller working-capital items
+€10,101
Trade debts
+€312,985
Other debts
+€5.8m
Accrued charges and deferred income
-€842,039
Financing
-€4.1m
Debts after one year
-€1.7m
Current portion of long-term debt
+€63,683
Short-term financial debts
-€2.5m
Cash 2024
€103,252
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,615,517 | €32,970,976 | +€1.4m | +4.3% |
| Fixed assets | 21/28 | €28,961,026 | €28,959,390 | -€1,636 | 0.0% |
| Intangible fixed assets | 21 | €8,928 | €7,292 | -€1,636 | -18.3% |
| Financial fixed assets | 28 | €28,952,098 | €28,952,098 | = | 0.0% |
| Affiliated companies | 280/1 | €28,952,098 | €28,952,098 | = | 0.0% |
| Participating interests | 280 | €28,952,098 | €28,952,098 | = | 0.0% |
| Current assets | 29/58 | €2,654,491 | €4,011,586 | +€1.4m | +51.1% |
| Amounts receivable within one year | 40/41 | €2,648,413 | €3,904,079 | +€1.3m | +47.4% |
| Trade receivables | 40 | €1,733,951 | €3,573,489 | +€1.8m | +106.1% |
| Other amounts receivable | 41 | €914,463 | €330,590 | -€583,873 | -63.8% |
| Cash at bank and in hand | 54/58 | €1,222 | €103,252 | +€102,030 | +8350.3% |
| Deferred charges and accrued income | 490/1 | €4,856 | €4,255 | -€601 | -12.4% |
| Total equity and liabilities | 10/49 | €31,615,517 | €32,970,976 | +€1.4m | +4.3% |
| Equity | 10/15 | €10,702,907 | €10,942,901 | +€239,994 | +2.2% |
| Contributions | 10/11 | €9,078,000 | €9,078,000 | = | 0.0% |
| Reserves | 13 | €1,624,907 | €1,864,901 | +€239,994 | +14.8% |
| Distributable reserves | 133 | €1,624,907 | €1,864,901 | +€239,994 | +14.8% |
| Amounts payable | 17/49 | €20,912,610 | €22,028,075 | +€1.1m | +5.3% |
| Amounts payable after more than one year | 17 | €11,803,555 | €10,126,696 | -€1.7m | -14.2% |
| Financial debts | 170/4 | €11,803,555 | €10,126,696 | -€1.7m | -14.2% |
| Subordinated loans | 170 | €9,472,000 | €9,172,000 | -€300,000 | -3.2% |
| Credit institutions | 173 | €2,331,555 | €954,696 | -€1.4m | -59.1% |
| Amounts payable within one year | 42/48 | €8,267,017 | €11,901,378 | +€3.6m | +44.0% |
| Current portion of amounts payable after more than one year | 42 | €1,311,840 | €1,375,523 | +€63,683 | +4.9% |
| Financial debts | 43 | €2,579,053 | €61,464 | -€2.5m | -97.6% |
| Credit institutions | 430/8 | €2,579,053 | €61,464 | -€2.5m | -97.6% |
| Trade debts | 44 | €482,653 | €795,638 | +€312,985 | +64.8% |
| Suppliers | 440/4 | €482,653 | €795,638 | +€312,985 | +64.8% |
| Taxes, remuneration and social security | 45 | €92,000 | €101,500 | +€9,500 | +10.3% |
| Taxes | 450/3 | €92,000 | €101,500 | +€9,500 | +10.3% |
| Other amounts payable | 47/48 | €3,801,470 | €9,567,252 | +€5.8m | +151.7% |
| Accrued charges and deferred income | 492/3 | €842,039 | - | -€842,039 | |
| Operating income | 70/76A | €2,644,620 | €2,388,308 | -€256,312 | -9.7% |
| Turnover | 70 | €2,644,620 | €2,388,308 | -€256,312 | -9.7% |
| Operating charges | 60/66A | €1,060,622 | €927,153 | -€133,469 | -12.6% |
| Services and other goods | 61 | €1,056,845 | €917,620 | -€139,225 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,007 | €1,636 | -€372 | -18.5% |
| Other operating charges | 640/8 | €1,769 | €1,446 | -€323 | -18.3% |
| Non-recurring operating charges | 66A | - | €6,451 | +€6,451 | |
| Operating profit (loss) | 9901 | €1,583,998 | €1,461,155 | -€122,843 | -7.8% |
| Financial income | 75/76B | €18,249 | €10,762 | -€7,487 | -41.0% |
| Recurring financial income | 75 | €18,249 | €10,762 | -€7,487 | -41.0% |
| Income from current assets | 751 | €18,249 | €9,072 | -€9,177 | -50.3% |
| Other financial income | 752/9 | - | €1,690 | +€1,690 | |
| Financial charges | 65/66B | €1,257,729 | €1,144,423 | -€113,306 | -9.0% |
| Recurring financial charges | 65 | €1,257,729 | €1,144,423 | -€113,306 | -9.0% |
| Debt charges | 650 | €1,251,767 | €1,140,677 | -€111,090 | -8.9% |
| Other financial charges | 652/9 | €5,962 | €3,746 | -€2,216 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €344,518 | €327,494 | -€17,023 | -4.9% |
| Income taxes | 67/77 | €92,000 | €87,500 | -€4,500 | -4.9% |
| Taxes | 670/3 | €92,000 | €87,500 | -€4,500 | -4.9% |
| Profit (loss) for the period | 9904 | €252,518 | €239,994 | -€12,523 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €252,518 | €239,994 | -€12,523 | -5.0% |
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 3 October 2026 via checked.be.