ROGA: 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.
ROGA
Largest movements
- Cash +€692,159
up €692,159 (+613%), from €112,904 to €805,063
mainly Net result for the year (+€709,873) and Other debts (+€389,772)
- Receivables within one year -€254,781
down €254,781 (-30.9%), from €825,283 to €570,501
of which Other amounts receivable: -€279,929
- Other debts +€389,772
up €389,772 (+495%), from €78,762 to €468,534
- Profit (loss) carried forward +€309,873
up €309,873 (+39.5%), from €785,081 to €1.1m
- Debts after one year -€264,756
down €264,756 (-4.9%), from €5.4m to €5.1m
- Financial income -€129,263
down €129,263 (-14.4%), from €900,000 to €770,737
- Financial charges -€6,950
down €6,950 (-3.3%), from €213,510 to €206,560
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 | €6,588,247 | €7,025,624 | +€437,377 | +6.6% |
| Fixed assets | 21/28 | €5,650,060 | €5,650,060 | = | 0.0% |
| Financial fixed assets | 28 | €5,650,060 | €5,650,060 | = | 0.0% |
| Current assets | 29/58 | €938,187 | €1,375,564 | +€437,377 | +46.6% |
| Amounts receivable within one year | 40/41 | €825,283 | €570,501 | -€254,781 | -30.9% |
| Trade receivables | 40 | €25,269 | €50,417 | +€25,148 | +99.5% |
| Other amounts receivable | 41 | €800,014 | €520,085 | -€279,929 | -35.0% |
| Cash at bank and in hand | 54/58 | €112,904 | €805,063 | +€692,159 | +613% |
| Total equity and liabilities | 10/49 | €6,588,247 | €7,025,624 | +€437,377 | +6.6% |
| Equity | 10/15 | €805,011 | €1,114,884 | +€309,873 | +38.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €18,930 | €18,930 | = | 0.0% |
| Distributable reserves | 133 | €18,930 | €18,930 | = | 0.0% |
| Profit (loss) carried forward | 14 | €785,081 | €1,094,954 | +€309,873 | +39.5% |
| Amounts payable | 17/49 | €5,783,236 | €5,910,740 | +€127,504 | +2.2% |
| Amounts payable after more than one year | 17 | €5,412,673 | €5,147,917 | -€264,756 | -4.9% |
| Financial debts | 170/4 | €5,412,673 | €5,147,917 | -€264,756 | -4.9% |
| Amounts payable within one year | 42/48 | €230,300 | €625,923 | +€395,623 | +172% |
| Current portion of amounts payable after more than one year | 42 | €135,729 | €141,066 | +€5,337 | +3.9% |
| Trade debts | 44 | €2,773 | €3,464 | +€691 | +24.9% |
| Suppliers | 440/4 | €2,773 | €3,464 | +€691 | +24.9% |
| Taxes, remuneration and social security | 45 | €13,035 | €12,859 | -€176 | -1.4% |
| Taxes | 450/3 | €13,035 | €12,859 | -€176 | -1.4% |
| Other amounts payable | 47/48 | €78,762 | €468,534 | +€389,772 | +495% |
| Accrued charges and deferred income | 492/3 | €140,263 | €136,901 | -€3,362 | -2.4% |
| Other operating charges | 640/8 | €864 | €1,336 | +€472 | +54.6% |
| Gross operating margin | 9900 | €147,864 | €147,033 | -€832 | -0.6% |
| Operating profit (loss) | 9901 | €147,000 | €145,697 | -€1,304 | -0.9% |
| Financial income | 75/76B | €900,000 | €770,737 | -€129,263 | -14.4% |
| Recurring financial income | 75 | €900,000 | €770,737 | -€129,263 | -14.4% |
| Financial charges | 65/66B | €213,510 | €206,560 | -€6,950 | -3.3% |
| Recurring financial charges | 65 | €213,510 | €206,560 | -€6,950 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €833,490 | €709,873 | -€123,617 | -14.8% |
| Profit (loss) for the period | 9904 | €833,490 | €709,873 | -€123,617 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €833,490 | €709,873 | -€123,617 | -14.8% |
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.