ROFRI: 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.
ROFRI
Largest movements
- Tangible fixed assets -€63,914
down €63,914 (-10.8%), from €594,475 to €530,561
of which Land and buildings: -€64,399
- Receivables within one year +€31,575
up €31,575 (+109%), from €29,020 to €60,595
of which Other amounts receivable: +€34,436
- Other debts +€69,235
up €69,235 (+960%), from €7,213 to €76,447
- Debts after one year -€38,439
down €38,439 (-16.1%), from €238,712 to €200,274
- Reserves -€36,420
down €36,420 (-12.7%), from €285,970 to €249,550
of which Distributable reserves: -€30,706
- Current portion of long-term debt -€9,541
down €9,541 (-15.9%), from €59,917 to €50,377
- Tax, wage and social debts -€6,360
down €6,360 (-54.9%), from €11,587 to €5,228
- Gross operating margin -€17,059
down €17,059 (-10.7%), from €159,881 to €142,822
- Taxes -€4,279
down €4,279 (-18.8%), from €22,723 to €18,444
- Other operating charges -€3,158
down €3,158 (-52.1%), from €6,057 to €2,899
- Financial charges +€1,646
up €1,646 (+15.3%), from €10,739 to €12,385
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 | €633,059 | €607,229 | -€25,830 | -4.1% |
| Fixed assets | 21/28 | €594,475 | €530,561 | -€63,914 | -10.8% |
| Tangible fixed assets | 22/27 | €594,475 | €530,561 | -€63,914 | -10.8% |
| Land and buildings | 22 | €571,013 | €506,614 | -€64,399 | -11.3% |
| Plant, machinery and equipment | 23 | €5,905 | €9,778 | +€3,872 | +65.6% |
| Furniture and vehicles | 24 | €17,557 | €14,170 | -€3,387 | -19.3% |
| Current assets | 29/58 | €38,584 | €76,668 | +€38,084 | +98.7% |
| Amounts receivable within one year | 40/41 | €29,020 | €60,595 | +€31,575 | +109% |
| Trade receivables | 40 | €2,917 | €56 | -€2,861 | -98.1% |
| Other amounts receivable | 41 | €26,103 | €60,539 | +€34,436 | +132% |
| Cash at bank and in hand | 54/58 | €5,481 | €10,702 | +€5,222 | +95.3% |
| Deferred charges and accrued income | 490/1 | €4,084 | €5,371 | +€1,287 | +31.5% |
| Total equity and liabilities | 10/49 | €633,059 | €607,229 | -€25,830 | -4.1% |
| Equity | 10/15 | €304,570 | €268,150 | -€36,420 | -12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €285,970 | €249,550 | -€36,420 | -12.7% |
| Tax-exempt reserves | 132 | €49,250 | €43,536 | -€5,714 | -11.6% |
| Distributable reserves | 133 | €236,720 | €206,014 | -€30,706 | -13.0% |
| Provisions and deferred taxes | 16 | €3,992 | €2,088 | -€1,905 | -47.7% |
| Deferred taxes | 168 | €3,992 | €2,088 | -€1,905 | -47.7% |
| Amounts payable | 17/49 | €324,497 | €336,992 | +€12,495 | +3.9% |
| Amounts payable after more than one year | 17 | €238,712 | €200,274 | -€38,439 | -16.1% |
| Financial debts | 170/4 | €238,712 | €200,274 | -€38,439 | -16.1% |
| Amounts payable within one year | 42/48 | €82,821 | €136,718 | +€53,896 | +65.1% |
| Current portion of amounts payable after more than one year | 42 | €59,917 | €50,377 | -€9,541 | -15.9% |
| Trade debts | 44 | €4,104 | €4,666 | +€562 | +13.7% |
| Suppliers | 440/4 | €4,104 | €4,666 | +€562 | +13.7% |
| Taxes, remuneration and social security | 45 | €11,587 | €5,228 | -€6,360 | -54.9% |
| Taxes | 450/3 | €11,587 | €5,228 | -€6,360 | -54.9% |
| Other amounts payable | 47/48 | €7,213 | €76,447 | +€69,235 | +960% |
| Accrued charges and deferred income | 492/3 | €2,963 | - | -€2,963 | |
| Remuneration, social security and pensions | 62 | €69 | €37 | -€32 | -45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,508 | €70,016 | -€492 | -0.7% |
| Other operating charges | 640/8 | €6,057 | €2,899 | -€3,158 | -52.1% |
| Gross operating margin | 9900 | €159,881 | €142,822 | -€17,059 | -10.7% |
| Operating profit (loss) | 9901 | €83,246 | €69,869 | -€13,377 | -16.1% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €10,739 | €12,385 | +€1,646 | +15.3% |
| Recurring financial charges | 65 | €10,739 | €12,385 | +€1,646 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €72,507 | €57,491 | -€15,017 | -20.7% |
| Transfer from deferred taxes | 780 | €1,905 | €1,905 | = | 0.0% |
| Income taxes | 67/77 | €22,723 | €18,444 | -€4,279 | -18.8% |
| Profit (loss) for the period | 9904 | €51,689 | €40,951 | -€10,738 | -20.8% |
| Transfer from tax-exempt reserves | 789 | €5,714 | €5,714 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,403 | €46,666 | -€10,738 | -18.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.