ROEKAERTS: 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.
ROEKAERTS
Largest movements
- Receivables within one year -€16,857
down €16,857 (-39.8%), from €42,351 to €25,495
of which Trade receivables: -€16,190
- Cash +€9,473
up €9,473 (+42.2%), from €22,431 to €31,904
mainly Receivables within one year (+€16,857) and Trade debts (+€4,161)
- Reserves -€11,932
down €11,932 (-8.9%), from €133,917 to €121,985
of which Distributable reserves: -€11,932
- Trade debts +€4,161
up €4,161 (+34.7%), from €11,988 to €16,149
- Other debts +€3,664
up €3,664 (+55.8%), from €6,571 to €10,235
- Current portion of long-term debt -€3,465
down €3,465 (-100.0%), from €3,465 to €0
- Gross operating margin -€15,975
down €15,975, from €5,979 to -€9,996
- Financial charges +€690
up €690 (+296.0%), from €233 to €924
- Other operating charges -€578
down €578 (-36.8%), from €1,569 to €991
- Taxes -€398
down €398 (-100.0%), from €398 to €0
- Financial income -€152
down €152 (-24.8%), from €613 to €461
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 | €178,651 | €171,309 | -€7,342 | -4.1% |
| Fixed assets | 21/28 | €70,382 | €71,243 | +€861 | +1.2% |
| Tangible fixed assets | 22/27 | €872 | €1,733 | +€861 | +98.7% |
| Furniture and vehicles | 24 | €872 | €1,733 | +€861 | +98.7% |
| Financial fixed assets | 28 | €69,510 | €69,510 | = | 0.0% |
| Current assets | 29/58 | €108,269 | €100,066 | -€8,203 | -7.6% |
| Amounts receivable within one year | 40/41 | €42,351 | €25,495 | -€16,857 | -39.8% |
| Trade receivables | 40 | €40,050 | €23,860 | -€16,190 | -40.4% |
| Other amounts receivable | 41 | €2,301 | €1,634 | -€667 | -29.0% |
| Current investments | 50/53 | €43,487 | €42,668 | -€819 | -1.9% |
| Cash at bank and in hand | 54/58 | €22,431 | €31,904 | +€9,473 | +42.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €178,651 | €171,309 | -€7,342 | -4.1% |
| Equity | 10/15 | €156,317 | €144,385 | -€11,932 | -7.6% |
| Contributions | 10/11 | €22,400 | €22,400 | = | 0.0% |
| Reserves | 13 | €133,917 | €121,985 | -€11,932 | -8.9% |
| Tax-exempt reserves | 132 | €16,370 | €16,370 | = | 0.0% |
| Distributable reserves | 133 | €117,547 | €105,615 | -€11,932 | -10.2% |
| Amounts payable | 17/49 | €22,334 | €26,924 | +€4,590 | +20.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €22,334 | €26,924 | +€4,590 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €3,465 | €0 | -€3,465 | -100.0% |
| Trade debts | 44 | €11,988 | €16,149 | +€4,161 | +34.7% |
| Suppliers | 440/4 | €11,988 | €16,149 | +€4,161 | +34.7% |
| Taxes, remuneration and social security | 45 | €309 | €540 | +€231 | +74.6% |
| Taxes | 450/3 | €309 | €540 | +€231 | +74.6% |
| Other amounts payable | 47/48 | €6,571 | €10,235 | +€3,664 | +55.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €226 | +€226 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €410 | €483 | +€73 | +17.7% |
| Other operating charges | 640/8 | €1,569 | €991 | -€578 | -36.8% |
| Gross operating margin | 9900 | €5,979 | -€9,996 | -€15,975 | |
| Operating profit (loss) | 9901 | €4,000 | -€11,470 | -€15,470 | |
| Financial income | 75/76B | €613 | €461 | -€152 | -24.8% |
| Recurring financial income | 75 | €613 | €461 | -€152 | -24.8% |
| Financial charges | 65/66B | €233 | €924 | +€690 | +296.0% |
| Recurring financial charges | 65 | €233 | €924 | +€690 | +296.0% |
| Profit (loss) for the period before taxes | 9903 | €4,380 | -€11,932 | -€16,312 | |
| Income taxes | 67/77 | €398 | €0 | -€398 | -100.0% |
| Profit (loss) for the period | 9904 | €3,982 | -€11,932 | -€15,914 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,982 | -€11,932 | -€15,914 |
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 11 October 2026 via checked.be.