ROFELO INVEST: 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.
ROFELO INVEST
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€44,677
up €44,677 (+67.9%), from €65,810 to €110,486
- Debts after one year -€26,667
down €26,667 (-8.0%), from €333,333 to €306,667
- Profit (loss) carried forward -€19,635
down €19,635 (-24.3%), from -€80,804 to -€100,439
- Gross operating margin -€9,924
down €9,924, from €8,106 to -€1,817
- Depreciation -€492
down €492 (-100%), from €492 to €0
- Financial charges -€357
down €357 (-2.0%), from €17,647 to €17,290
- Other operating charges +€143
up €143 (+37.3%), from €384 to €528
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.
Derived cash bridge
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 | €360,916 | €360,271 | -€645 | -0.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €350,000 | €350,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €350,000 | €350,000 | = | 0.0% |
| Land and buildings | 22 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €10,916 | €10,271 | -€645 | -5.9% |
| Amounts receivable within one year | 40/41 | €63 | €52 | -€11 | -16.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €63 | €52 | -€11 | -16.8% |
| Cash at bank and in hand | 54/58 | €10,853 | €10,218 | -€635 | -5.8% |
| Total equity and liabilities | 10/49 | €360,916 | €360,271 | -€645 | -0.2% |
| Equity | 10/15 | -€65,804 | -€85,439 | -€19,635 | -29.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,804 | -€100,439 | -€19,635 | -24.3% |
| Amounts payable | 17/49 | €426,720 | €445,710 | +€18,990 | +4.5% |
| Amounts payable after more than one year | 17 | €333,333 | €306,667 | -€26,667 | -8.0% |
| Financial debts | 170/4 | €333,333 | €306,667 | -€26,667 | -8.0% |
| Amounts payable within one year | 42/48 | €92,510 | €137,280 | +€44,770 | +48.4% |
| Current portion of amounts payable after more than one year | 42 | €26,667 | €26,667 | = | 0.0% |
| Trade debts | 44 | €0 | €127 | +€127 | |
| Suppliers | 440/4 | €0 | €127 | +€127 | |
| Taxes, remuneration and social security | 45 | €34 | €0 | -€34 | -100% |
| Taxes | 450/3 | €34 | €0 | -€34 | -100% |
| Other amounts payable | 47/48 | €65,810 | €110,486 | +€44,677 | +67.9% |
| Accrued charges and deferred income | 492/3 | €877 | €1,764 | +€887 | +101% |
| Non-recurring operating income | 76A | €8,866 | €0 | -€8,866 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €492 | €0 | -€492 | -100% |
| Other operating charges | 640/8 | €384 | €528 | +€143 | +37.3% |
| Gross operating margin | 9900 | €8,106 | -€1,817 | -€9,924 | |
| Operating profit (loss) | 9901 | €7,230 | -€2,345 | -€9,575 | |
| Financial charges | 65/66B | €17,647 | €17,290 | -€357 | -2.0% |
| Recurring financial charges | 65 | €17,647 | €17,290 | -€357 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,417 | -€19,635 | -€9,218 | -88.5% |
| Profit (loss) for the period | 9904 | -€10,417 | -€19,635 | -€9,218 | -88.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,417 | -€19,635 | -€9,218 | -88.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.