ROG: 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.
ROG
Largest movements
- Receivables after one year +€70,000
up €70,000 (+350.0%), from €20,000 to €90,000
- Receivables within one year -€62,262
down €62,262 (-97.4%), from €63,921 to €1,659
of which Trade receivables: -€56,042
- Tangible fixed assets -€24,581
down €24,581 (-3.1%), from €797,102 to €772,522
of which Land and buildings: -€19,733
- Cash +€11,694
up €11,694 (+27.9%), from €41,838 to €53,532
mainly Receivables within one year (+€62,262) and Depreciation (+€45,459)
- Debts after one year +€25,490
up €25,490 (+3.7%), from €680,204 to €705,694
- Trade debts -€14,711
down €14,711 (-39.3%), from €37,417 to €22,706
- Current portion of long-term debt -€10,249
down €10,249 (-17.2%), from €59,759 to €49,510
- Staff costs +€14,440
up €14,440 (+29.0%), from €49,778 to €64,218
- Depreciation -€7,472
down €7,472 (-14.1%), from €52,930 to €45,459
- Taxes -€4,548
down €4,548 (-91.3%), from €4,980 to €431
- Gross operating margin +€2,788
up €2,788 (+2.0%), from €136,838 to €139,626
- Other operating charges +€2,285
up €2,285 (+87.2%), from €2,622 to €4,907
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.
Cash bridge derived
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 | €936,736 | €927,560 | -€9,175 | -1.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €797,102 | €772,522 | -€24,581 | -3.1% |
| Tangible fixed assets | 22/27 | €797,102 | €772,522 | -€24,581 | -3.1% |
| Land and buildings | 22 | €691,667 | €671,934 | -€19,733 | -2.9% |
| Plant, machinery and equipment | 23 | €29,977 | €22,532 | -€7,444 | -24.8% |
| Furniture and vehicles | 24 | €70,212 | €73,464 | +€3,252 | +4.6% |
| Other tangible fixed assets | 26 | €5,247 | €4,592 | -€655 | -12.5% |
| Current assets | 29/58 | €139,634 | €155,039 | +€15,405 | +11.0% |
| Amounts receivable after more than one year | 29 | €20,000 | €90,000 | +€70,000 | +350.0% |
| Other amounts receivable | 291 | €20,000 | €90,000 | +€70,000 | +350.0% |
| Stocks and contracts in progress | 3 | €6,023 | €3,471 | -€2,552 | -42.4% |
| Stocks | 30/36 | €6,023 | €3,471 | -€2,552 | -42.4% |
| Amounts receivable within one year | 40/41 | €63,921 | €1,659 | -€62,262 | -97.4% |
| Trade receivables | 40 | €57,482 | €1,440 | -€56,042 | -97.5% |
| Other amounts receivable | 41 | €6,439 | €219 | -€6,220 | -96.6% |
| Cash at bank and in hand | 54/58 | €41,838 | €53,532 | +€11,694 | +27.9% |
| Deferred charges and accrued income | 490/1 | €7,852 | €6,377 | -€1,475 | -18.8% |
| Total equity and liabilities | 10/49 | €936,736 | €927,560 | -€9,175 | -1.0% |
| Equity | 10/15 | €112,116 | €115,015 | +€2,900 | +2.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €105,916 | €108,815 | +€2,900 | +2.7% |
| Distributable reserves | 133 | €105,916 | €108,815 | +€2,900 | +2.7% |
| Amounts payable | 17/49 | €824,620 | €812,545 | -€12,075 | -1.5% |
| Amounts payable after more than one year | 17 | €680,204 | €705,694 | +€25,490 | +3.7% |
| Financial debts | 170/4 | €680,204 | €705,694 | +€25,490 | +3.7% |
| Amounts payable within one year | 42/48 | €142,531 | €104,966 | -€37,565 | -26.4% |
| Current portion of amounts payable after more than one year | 42 | €59,759 | €49,510 | -€10,249 | -17.2% |
| Trade debts | 44 | €37,417 | €22,706 | -€14,711 | -39.3% |
| Suppliers | 440/4 | €37,417 | €22,706 | -€14,711 | -39.3% |
| Taxes, remuneration and social security | 45 | €29,955 | €23,738 | -€6,217 | -20.8% |
| Taxes | 450/3 | €13,429 | €11,544 | -€1,885 | -14.0% |
| Remuneration and social security | 454/9 | €16,526 | €12,194 | -€4,332 | -26.2% |
| Other amounts payable | 47/48 | €15,400 | €9,012 | -€6,388 | -41.5% |
| Accrued charges and deferred income | 492/3 | €1,885 | €1,885 | = | 0.0% |
| Non-recurring operating income | 76A | €27,828 | €10,140 | -€17,689 | -63.6% |
| Remuneration, social security and pensions | 62 | €49,778 | €64,218 | +€14,440 | +29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,930 | €45,459 | -€7,472 | -14.1% |
| Other operating charges | 640/8 | €2,622 | €4,907 | +€2,285 | +87.2% |
| Gross operating margin | 9900 | €136,838 | €139,626 | +€2,788 | +2.0% |
| Operating profit (loss) | 9901 | €31,508 | €25,043 | -€6,465 | -20.5% |
| Financial income | 75/76B | €487 | €632 | +€146 | +29.9% |
| Recurring financial income | 75 | €487 | €632 | +€146 | +29.9% |
| Financial charges | 65/66B | €14,642 | €13,344 | -€1,297 | -8.9% |
| Recurring financial charges | 65 | €14,642 | €13,344 | -€1,297 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €17,353 | €12,331 | -€5,022 | -28.9% |
| Income taxes | 67/77 | €4,980 | €431 | -€4,548 | -91.3% |
| Profit (loss) for the period | 9904 | €12,373 | €11,900 | -€474 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,373 | €11,900 | -€474 | -3.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.