ROGER: 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.
ROGER
Largest movements
- Tangible fixed assets +€14,473
up €14,473 (+923%), from €1,568 to €16,041
of which Furniture and vehicles: +€13,034
- Receivables within one year +€4,943
up €4,943 (+83.0%), from €5,954 to €10,897
of which Trade receivables: +€4,261
- Stocks and contracts -€1,259
down €1,259 (-16.2%), from €7,759 to €6,500
- Cash +€986
up €986 (+2,842%), from €35 to €1,020
mainly Trade debts (+€13,970) and Net result for the year (+€6,510)
- Trade debts +€13,970
up €13,970 (+251%), from €5,563 to €19,533
- Advances received -€7,759
no longer reported in 2025 (was €7,759)
- Profit (loss) carried forward +€6,510
up €6,510 (+66.8%), from -€9,745 to -€3,234
- Other debts +€6,421
up €6,421 (+73.5%), from €8,739 to €15,160
- Depreciation +€3,814
up €3,814 (+486%), from €784 to €4,598
- Other operating charges +€956
up €956 (+1,283%), from €75 to €1,030
- Gross operating margin -€161
down €161 (-1.3%), from €12,436 to €12,275
- Financial charges -€141
down €141 (-36.7%), from €384 to €243
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 | €15,317 | €34,459 | +€19,142 | +125% |
| Fixed assets | 21/28 | €1,568 | €16,041 | +€14,473 | +923% |
| Tangible fixed assets | 22/27 | €1,568 | €16,041 | +€14,473 | +923% |
| Plant, machinery and equipment | 23 | €1,568 | €3,007 | +€1,439 | +91.7% |
| Furniture and vehicles | 24 | - | €13,034 | +€13,034 | |
| Current assets | 29/58 | €13,748 | €18,417 | +€4,669 | +34.0% |
| Stocks and contracts in progress | 3 | €7,759 | €6,500 | -€1,259 | -16.2% |
| Contracts in progress | 37 | €7,759 | €6,500 | -€1,259 | -16.2% |
| Amounts receivable within one year | 40/41 | €5,954 | €10,897 | +€4,943 | +83.0% |
| Trade receivables | 40 | €3,812 | €8,073 | +€4,261 | +112% |
| Other amounts receivable | 41 | €2,142 | €2,825 | +€682 | +31.8% |
| Cash at bank and in hand | 54/58 | €35 | €1,020 | +€986 | +2,842% |
| Total equity and liabilities | 10/49 | €15,317 | €34,459 | +€19,142 | +125% |
| Equity | 10/15 | -€6,745 | -€234 | +€6,510 | +96.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,745 | -€3,234 | +€6,510 | +66.8% |
| Amounts payable | 17/49 | €22,061 | €34,693 | +€12,632 | +57.3% |
| Amounts payable within one year | 42/48 | €22,061 | €34,693 | +€12,632 | +57.3% |
| Trade debts | 44 | €5,563 | €19,533 | +€13,970 | +251% |
| Suppliers | 440/4 | €5,563 | €19,533 | +€13,970 | +251% |
| Advances received on contracts in progress | 46 | €7,759 | - | -€7,759 | |
| Other amounts payable | 47/48 | €8,739 | €15,160 | +€6,421 | +73.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €784 | €4,598 | +€3,814 | +486% |
| Other operating charges | 640/8 | €75 | €1,030 | +€956 | +1,283% |
| Gross operating margin | 9900 | €12,436 | €12,275 | -€161 | -1.3% |
| Operating profit (loss) | 9901 | €11,578 | €6,646 | -€4,931 | -42.6% |
| Financial income | 75/76B | €0 | €106 | +€106 | +88,575% |
| Recurring financial income | 75 | €0 | €106 | +€106 | +88,575% |
| Financial charges | 65/66B | €384 | €243 | -€141 | -36.7% |
| Recurring financial charges | 65 | €384 | €243 | -€141 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €11,194 | €6,510 | -€4,684 | -41.8% |
| Profit (loss) for the period | 9904 | €11,194 | €6,510 | -€4,684 | -41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,194 | €6,510 | -€4,684 | -41.8% |
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 13 October 2026 via checked.be.