ROGABA: 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.
ROGABA
Largest movements
- Current investments +€99,000
new in 2025: €99,000
- Tangible fixed assets -€31,180
down €31,180 (-13.9%), from €224,882 to €193,702
of which Land and buildings: -€18,949
- Receivables after one year +€22,000
new in 2025: €22,000
- Reserves +€119,000
up €119,000 (+6397.8%), from €1,860 to €120,860
of which Non-distributable reserves: +€97,140
- Profit (loss) carried forward -€80,324
down €80,324 (-33.6%), from €239,113 to €158,789
- Other debts +€65,768
up €65,768 (+423.1%), from €15,545 to €81,313
- Debts after one year -€21,664
down €21,664 (-11.2%), from €193,871 to €172,207
- Trade debts -€18,583
down €18,583 (-27.5%), from €67,636 to €49,053
- Gross operating margin +€19,638
up €19,638 (+29.6%), from €66,434 to €86,072
- Depreciation +€1,121
up €1,121 (+6.8%), from €16,559 to €17,680
- Financial charges +€871
up €871 (+11.0%), from €7,887 to €8,758
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 | €548,392 | €631,120 | +€82,728 | +15.1% |
| Fixed assets | 21/28 | €458,512 | €426,612 | -€31,900 | -7.0% |
| Tangible fixed assets | 22/27 | €224,882 | €193,702 | -€31,180 | -13.9% |
| Land and buildings | 22 | €139,074 | €120,126 | -€18,949 | -13.6% |
| Plant, machinery and equipment | 23 | €80,143 | €69,739 | -€10,404 | -13.0% |
| Furniture and vehicles | 24 | €5,665 | €3,838 | -€1,827 | -32.3% |
| Financial fixed assets | 28 | €233,630 | €232,910 | -€720 | -0.3% |
| Current assets | 29/58 | €89,880 | €204,508 | +€114,628 | +127.5% |
| Amounts receivable after more than one year | 29 | - | €22,000 | +€22,000 | |
| Other amounts receivable | 291 | - | €22,000 | +€22,000 | |
| Amounts receivable within one year | 40/41 | €74,726 | €69,250 | -€5,476 | -7.3% |
| Trade receivables | 40 | €59,358 | €42,094 | -€17,264 | -29.1% |
| Other amounts receivable | 41 | €15,368 | €27,156 | +€11,788 | +76.7% |
| Current investments | 50/53 | - | €99,000 | +€99,000 | |
| Cash at bank and in hand | 54/58 | €15,154 | €14,258 | -€896 | -5.9% |
| Total equity and liabilities | 10/49 | €548,392 | €631,120 | +€82,728 | +15.1% |
| Equity | 10/15 | €247,173 | €285,849 | +€38,676 | +15.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | - | -€6,200 | |
| Share premium | 1100/10 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €120,860 | +€119,000 | +6397.8% |
| Non-distributable reserves | 130/1 | €1,860 | €99,000 | +€97,140 | +5222.6% |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Own shares acquired | 1312 | - | €99,000 | +€99,000 | |
| Distributable reserves | 133 | - | €21,860 | +€21,860 | |
| Profit (loss) carried forward | 14 | €239,113 | €158,789 | -€80,324 | -33.6% |
| Amounts payable | 17/49 | €301,219 | €345,271 | +€44,052 | +14.6% |
| Amounts payable after more than one year | 17 | €193,871 | €172,207 | -€21,664 | -11.2% |
| Financial debts | 170/4 | €193,871 | €172,207 | -€21,664 | -11.2% |
| Amounts payable within one year | 42/48 | €107,348 | €173,064 | +€65,715 | +61.2% |
| Current portion of amounts payable after more than one year | 42 | €23,622 | €24,090 | +€468 | +2.0% |
| Financial debts | 43 | - | €12,000 | +€12,000 | |
| Credit institutions | 430/8 | - | €12,000 | +€12,000 | |
| Trade debts | 44 | €67,636 | €49,053 | -€18,583 | -27.5% |
| Suppliers | 440/4 | €67,636 | €49,053 | -€18,583 | -27.5% |
| Taxes, remuneration and social security | 45 | €546 | €6,609 | +€6,063 | +1111.4% |
| Taxes | 450/3 | €546 | €6,609 | +€6,063 | +1111.4% |
| Other amounts payable | 47/48 | €15,545 | €81,313 | +€65,768 | +423.1% |
| Non-recurring operating income | 76A | - | €19,808 | +€19,808 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,559 | €17,680 | +€1,121 | +6.8% |
| Other operating charges | 640/8 | €3,435 | €3,760 | +€325 | +9.5% |
| Gross operating margin | 9900 | €66,434 | €86,072 | +€19,638 | +29.6% |
| Operating profit (loss) | 9901 | €46,440 | €64,633 | +€18,193 | +39.2% |
| Financial income | 75/76B | €238 | €518 | +€281 | +118.2% |
| Recurring financial income | 75 | €238 | €518 | +€281 | +118.2% |
| Financial charges | 65/66B | €7,887 | €8,758 | +€871 | +11.0% |
| Recurring financial charges | 65 | €7,887 | €8,758 | +€871 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €38,791 | €56,393 | +€17,603 | +45.4% |
| Income taxes | 67/77 | €16,549 | €16,884 | +€335 | +2.0% |
| Profit (loss) for the period | 9904 | €22,241 | €39,509 | +€17,268 | +77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,241 | €39,509 | +€17,268 | +77.6% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.