ROFIO S: 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.
ROFIO S
Largest movements
- Tangible fixed assets +€2.0m
up €2.0m (+20.6%), from €9.5m to €11.4m
of which Land and buildings: +€2.0m
- Receivables within one year -€1.2m
down €1.2m (-99.3%), from €1.3m to €8,955
of which Trade receivables: -€1.2m
- Revaluation surpluses +€1.8m
new in 2025: €1.8m
- Other debts -€1.2m
no longer reported in 2025 (was €1.2m)
- Debts after one year +€845,039
up €845,039 (+11.1%), from €7.6m to €8.5m
of which Financial debts: +€845,039
- Profit (loss) carried forward -€364,710
down €364,710 (-86.7%), from -€420,600 to -€785,310
- Trade debts -€333,177
down €333,177 (-82.7%), from €403,070 to €69,893
- Depreciation +€90,153
up €90,153 (+33.5%), from €268,721 to €358,874
- Financial charges +€44,694
up €44,694 (+16.2%), from €275,140 to €319,834
- Financial income -€32,213
down €32,213 (-74.5%), from €43,237 to €11,024
- Other operating charges +€19,524
up €19,524 (+1,683%), from €1,160 to €20,685
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 | €10,728,746 | €11,438,906 | +€710,160 | +6.6% |
| Fixed assets | 21/28 | €9,463,856 | €11,414,740 | +€2.0m | +20.6% |
| Tangible fixed assets | 22/27 | €9,463,856 | €11,414,740 | +€2.0m | +20.6% |
| Land and buildings | 22 | €9,419,167 | €11,379,572 | +€2.0m | +20.8% |
| Furniture and vehicles | 24 | €44,689 | €35,167 | -€9,521 | -21.3% |
| Current assets | 29/58 | €1,264,891 | €24,166 | -€1.2m | -98.1% |
| Amounts receivable within one year | 40/41 | €1,251,066 | €8,955 | -€1.2m | -99.3% |
| Trade receivables | 40 | €1,242,948 | €8,955 | -€1.2m | -99.3% |
| Other amounts receivable | 41 | €8,118 | - | -€8,118 | |
| Cash at bank and in hand | 54/58 | €9,448 | €7,762 | -€1,686 | -17.8% |
| Deferred charges and accrued income | 490/1 | €4,376 | €7,449 | +€3,073 | +70.2% |
| Total equity and liabilities | 10/49 | €10,728,746 | €11,438,906 | +€710,160 | +6.6% |
| Equity | 10/15 | €1,009,205 | €2,419,222 | +€1.4m | +140% |
| Contributions | 10/11 | €1,429,805 | €1,429,805 | = | 0.0% |
| Capital | 10 | €1,429,805 | €1,429,805 | = | 0.0% |
| Issued capital | 100 | €1,429,805 | €1,429,805 | = | 0.0% |
| Revaluation surpluses | 12 | - | €1,774,727 | +€1.8m | |
| Profit (loss) carried forward | 14 | -€420,600 | -€785,310 | -€364,710 | -86.7% |
| Amounts payable | 17/49 | €9,719,541 | €9,019,684 | -€699,857 | -7.2% |
| Amounts payable after more than one year | 17 | €7,644,038 | €8,489,077 | +€845,039 | +11.1% |
| Financial debts | 170/4 | €7,591,838 | €8,436,877 | +€845,039 | +11.1% |
| Other amounts payable | 178/9 | €52,200 | €52,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,075,503 | €530,607 | -€1.5m | -74.4% |
| Current portion of amounts payable after more than one year | 42 | €436,647 | €449,888 | +€13,241 | +3.0% |
| Trade debts | 44 | €403,070 | €69,893 | -€333,177 | -82.7% |
| Suppliers | 440/4 | €403,070 | €69,893 | -€333,177 | -82.7% |
| Taxes, remuneration and social security | 45 | - | €10,826 | +€10,826 | |
| Taxes | 450/3 | - | €10,826 | +€10,826 | |
| Other amounts payable | 47/48 | €1,235,786 | - | -€1.2m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €268,721 | €358,874 | +€90,153 | +33.5% |
| Other operating charges | 640/8 | €1,160 | €20,685 | +€19,524 | +1,683% |
| Gross operating margin | 9900 | €326,309 | €323,658 | -€2,651 | -0.8% |
| Operating profit (loss) | 9901 | €56,427 | -€55,900 | -€112,328 | |
| Financial income | 75/76B | €43,237 | €11,024 | -€32,213 | -74.5% |
| Recurring financial income | 75 | €43,237 | €11,024 | -€32,213 | -74.5% |
| Financial charges | 65/66B | €275,140 | €319,834 | +€44,694 | +16.2% |
| Recurring financial charges | 65 | €275,140 | €319,834 | +€44,694 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | -€175,476 | -€364,710 | -€189,234 | -108% |
| Profit (loss) for the period | 9904 | -€175,476 | -€364,710 | -€189,234 | -108% |
| Profit (loss) for the period to be appropriated | 9905 | -€175,476 | -€364,710 | -€189,234 | -108% |
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 13 October 2026 via checked.be.