ROEM: 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.
ROEM
Largest movements
- Tangible fixed assets +€19,819
up €19,819 (+20.3%), from €97,593 to €117,413
of which Furniture and vehicles: +€19,272
- Deferred charges and accrued income +€14,813
up €14,813 (+514.2%), from €2,881 to €17,693
- Cash -€10,275
down €10,275 (-39.3%), from €26,133 to €15,858
mainly Investment in fixed assets (net) (-€41,144) and Deferred charges and accrued income (-€14,813)
- Receivables within one year +€7,212
new in 2024: €7,212
of which Other amounts receivable: +€5,330
- Intangible fixed assets -€7,000
down €7,000 (-36.5%), from €19,197 to €12,197
- Debts after one year +€13,951
up €13,951 (+32.7%), from €42,638 to €56,588
- Current portion of long-term debt +€11,648
up €11,648 (+44.9%), from €25,957 to €37,605
- Other debts +€11,586
up €11,586 (+327.2%), from €3,540 to €15,126
- Tax, wage and social debts -€5,874
down €5,874 (-90.7%), from €6,474 to €600
of which Taxes: -€4,389
- Trade debts -€3,753
down €3,753 (-60.8%), from €6,175 to €2,422
- Other operating charges +€34,344
up €34,344 (+565.4%), from €6,074 to €40,419
- Gross operating margin +€15,650
up €15,650 (+6.1%), from €257,608 to €273,258
- Staff costs +€10,585
up €10,585 (+5.5%), from €192,754 to €203,338
- Taxes -€7,458
down €7,458 (-99.2%), from €7,522 to €64
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 | €145,804 | €170,373 | +€24,569 | +16.9% |
| Fixed assets | 21/28 | €116,791 | €129,610 | +€12,819 | +11.0% |
| Intangible fixed assets | 21 | €19,197 | €12,197 | -€7,000 | -36.5% |
| Tangible fixed assets | 22/27 | €97,593 | €117,413 | +€19,819 | +20.3% |
| Plant, machinery and equipment | 23 | - | €547 | +€547 | |
| Furniture and vehicles | 24 | €97,593 | €116,865 | +€19,272 | +19.7% |
| Current assets | 29/58 | €29,013 | €40,763 | +€11,750 | +40.5% |
| Amounts receivable within one year | 40/41 | - | €7,212 | +€7,212 | |
| Trade receivables | 40 | - | €1,882 | +€1,882 | |
| Other amounts receivable | 41 | - | €5,330 | +€5,330 | |
| Cash at bank and in hand | 54/58 | €26,133 | €15,858 | -€10,275 | -39.3% |
| Deferred charges and accrued income | 490/1 | €2,881 | €17,693 | +€14,813 | +514.2% |
| Total equity and liabilities | 10/49 | €145,804 | €170,373 | +€24,569 | +16.9% |
| Equity | 10/15 | €61,020 | €58,032 | -€2,988 | -4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,420 | €42,420 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €42,320 | €42,320 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,988 | -€2,988 | |
| Amounts payable | 17/49 | €84,784 | €112,342 | +€27,557 | +32.5% |
| Amounts payable after more than one year | 17 | €42,638 | €56,588 | +€13,951 | +32.7% |
| Financial debts | 170/4 | €42,638 | €56,588 | +€13,951 | +32.7% |
| Amounts payable within one year | 42/48 | €42,146 | €55,753 | +€13,607 | +32.3% |
| Current portion of amounts payable after more than one year | 42 | €25,957 | €37,605 | +€11,648 | +44.9% |
| Trade debts | 44 | €6,175 | €2,422 | -€3,753 | -60.8% |
| Suppliers | 440/4 | €6,175 | €2,422 | -€3,753 | -60.8% |
| Taxes, remuneration and social security | 45 | €6,474 | €600 | -€5,874 | -90.7% |
| Taxes | 450/3 | €4,433 | €44 | -€4,389 | -99.0% |
| Remuneration and social security | 454/9 | €2,041 | €556 | -€1,485 | -72.8% |
| Other amounts payable | 47/48 | €3,540 | €15,126 | +€11,586 | +327.2% |
| Remuneration, social security and pensions | 62 | €192,754 | €203,338 | +€10,585 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,710 | €28,324 | -€386 | -1.3% |
| Other operating charges | 640/8 | €6,074 | €40,419 | +€34,344 | +565.4% |
| Gross operating margin | 9900 | €257,608 | €273,258 | +€15,650 | +6.1% |
| Operating profit (loss) | 9901 | €30,070 | €1,176 | -€28,894 | -96.1% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €3,453 | €4,100 | +€647 | +18.7% |
| Recurring financial charges | 65 | €3,453 | €4,100 | +€647 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €26,620 | -€2,924 | -€29,544 | |
| Income taxes | 67/77 | €7,522 | €64 | -€7,458 | -99.2% |
| Profit (loss) for the period | 9904 | €19,098 | -€2,988 | -€22,086 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,098 | -€2,988 | -€22,086 |
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.