Roffoelkin: 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.
Roffoelkin
Largest movements
- Cash +€185,652
up €185,652 (+304%), from €61,049 to €246,702
mainly Net result for the year (+€346,202) and Depreciation (+€35,396)
- Receivables within one year +€46,293
up €46,293 (+4.2%), from €1.1m to €1.1m
of which Trade receivables: +€61,787
- Tangible fixed assets -€24,472
down €24,472 (-19.8%), from €123,746 to €99,274
of which Furniture and vehicles: -€34,309
- Reserves +€346,202
up €346,202 (+18.3%), from €1.9m to €2.2m
- Tax, wage and social debts -€137,197
down €137,197 (-49.9%), from €275,119 to €137,922
- Gross operating margin +€167,814
up €167,814 (+58.2%), from €288,311 to €456,125
- Financial income +€42,352
up €42,352 (+789%), from €5,368 to €47,720
- Taxes +€40,245
up €40,245 (+55.5%), from €72,517 to €112,762
- Depreciation +€8,882
up €8,882 (+33.5%), from €26,514 to €35,396
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 | €2,176,012 | €2,383,485 | +€207,473 | +9.5% |
| Fixed assets | 21/28 | €1,023,746 | €999,274 | -€24,472 | -2.4% |
| Tangible fixed assets | 22/27 | €123,746 | €99,274 | -€24,472 | -19.8% |
| Plant, machinery and equipment | 23 | - | €9,837 | +€9,837 | |
| Furniture and vehicles | 24 | €123,746 | €89,437 | -€34,309 | -27.7% |
| Financial fixed assets | 28 | €900,000 | €900,000 | = | 0.0% |
| Current assets | 29/58 | €1,152,266 | €1,384,212 | +€231,945 | +20.1% |
| Amounts receivable within one year | 40/41 | €1,091,217 | €1,137,510 | +€46,293 | +4.2% |
| Trade receivables | 40 | €118,890 | €180,677 | +€61,787 | +52.0% |
| Other amounts receivable | 41 | €972,328 | €956,833 | -€15,495 | -1.6% |
| Cash at bank and in hand | 54/58 | €61,049 | €246,702 | +€185,652 | +304% |
| Total equity and liabilities | 10/49 | €2,176,012 | €2,383,485 | +€207,473 | +9.5% |
| Equity | 10/15 | €1,894,274 | €2,240,477 | +€346,202 | +18.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,889,274 | €2,235,477 | +€346,202 | +18.3% |
| Distributable reserves | 133 | €1,889,274 | €2,235,477 | +€346,202 | +18.3% |
| Amounts payable | 17/49 | €281,738 | €143,009 | -€138,729 | -49.2% |
| Amounts payable within one year | 42/48 | €281,738 | €143,009 | -€138,729 | -49.2% |
| Financial debts | 43 | €3,305 | €3,205 | -€100 | -3.0% |
| Credit institutions | 430/8 | €3,305 | €3,205 | -€100 | -3.0% |
| Trade debts | 44 | €3,314 | €1,882 | -€1,433 | -43.2% |
| Suppliers | 440/4 | €3,314 | €1,882 | -€1,433 | -43.2% |
| Taxes, remuneration and social security | 45 | €275,119 | €137,922 | -€137,197 | -49.9% |
| Taxes | 450/3 | €275,119 | €137,922 | -€137,197 | -49.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,514 | €35,396 | +€8,882 | +33.5% |
| Other operating charges | 640/8 | €1,550 | €2,387 | +€837 | +54.0% |
| Gross operating margin | 9900 | €288,311 | €456,125 | +€167,814 | +58.2% |
| Operating profit (loss) | 9901 | €260,247 | €418,342 | +€158,095 | +60.7% |
| Financial income | 75/76B | €5,368 | €47,720 | +€42,352 | +789% |
| Recurring financial income | 75 | €5,368 | €47,720 | +€42,352 | +789% |
| Financial charges | 65/66B | €8,229 | €7,097 | -€1,132 | -13.8% |
| Recurring financial charges | 65 | €8,229 | €7,097 | -€1,132 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €257,386 | €458,965 | +€201,579 | +78.3% |
| Income taxes | 67/77 | €72,517 | €112,762 | +€40,245 | +55.5% |
| Profit (loss) for the period | 9904 | €184,868 | €346,202 | +€161,334 | +87.3% |
| Profit (loss) for the period to be appropriated | 9905 | €184,868 | €346,202 | +€161,334 | +87.3% |
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 20 October 2026 via checked.be.