Roger 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 Roger
Largest movements
- Receivables within one year +€293,299
up €293,299 (+182%), from €161,117 to €454,416
of which Other amounts receivable: +€306,293
- Financial fixed assets -€75,000
no longer reported in 2025 (was €75,000)
- Cash +€42,515
up €42,515 (+289%), from €14,725 to €57,240
mainly Net result for the year (+€290,662) and Other debts (+€170,767)
- Intangible fixed assets -€10,715
down €10,715 (-19.4%), from €55,257 to €44,542
- Other debts +€170,767
up €170,767 (+2,004%), from €8,523 to €179,290
- Profit (loss) carried forward +€114,191
up €114,191 (+91.7%), from €124,594 to €238,785
- Trade debts -€24,347
down €24,347 (-49.8%), from €48,875 to €24,528
- Debts after one year -€14,000
down €14,000 (-35.6%), from €39,315 to €25,315
- Gross operating margin +€230,589
up €230,589 (+220%), from €104,931 to €335,520
- Taxes +€9,106
up €9,106 (+52.1%), from €17,482 to €26,588
- Depreciation -€4,185
down €4,185 (-22.6%), from €18,535 to €14,350
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 | €310,167 | €556,631 | +€246,464 | +79.5% |
| Fixed assets | 21/28 | €134,325 | €44,975 | -€89,350 | -66.5% |
| Intangible fixed assets | 21 | €55,257 | €44,542 | -€10,715 | -19.4% |
| Tangible fixed assets | 22/27 | €4,068 | €433 | -€3,635 | -89.4% |
| Furniture and vehicles | 24 | €4,068 | €433 | -€3,635 | -89.4% |
| Financial fixed assets | 28 | €75,000 | - | -€75,000 | |
| Current assets | 29/58 | €175,842 | €511,656 | +€335,814 | +191% |
| Amounts receivable within one year | 40/41 | €161,117 | €454,416 | +€293,299 | +182% |
| Trade receivables | 40 | €54,500 | €41,506 | -€12,994 | -23.8% |
| Other amounts receivable | 41 | €106,617 | €412,910 | +€306,293 | +287% |
| Cash at bank and in hand | 54/58 | €14,725 | €57,240 | +€42,515 | +289% |
| Total equity and liabilities | 10/49 | €310,167 | €556,631 | +€246,464 | +79.5% |
| Equity | 10/15 | €124,694 | €238,885 | +€114,191 | +91.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,594 | €238,785 | +€114,191 | +91.7% |
| Amounts payable | 17/49 | €185,473 | €317,746 | +€132,273 | +71.3% |
| Amounts payable after more than one year | 17 | €39,315 | €25,315 | -€14,000 | -35.6% |
| Financial debts | 170/4 | €39,315 | €25,315 | -€14,000 | -35.6% |
| Amounts payable within one year | 42/48 | €146,158 | €292,431 | +€146,273 | +100% |
| Current portion of amounts payable after more than one year | 42 | €19,354 | €20,496 | +€1,142 | +5.9% |
| Trade debts | 44 | €48,875 | €24,528 | -€24,347 | -49.8% |
| Suppliers | 440/4 | €48,875 | €24,528 | -€24,347 | -49.8% |
| Taxes, remuneration and social security | 45 | €69,406 | €68,117 | -€1,289 | -1.9% |
| Taxes | 450/3 | €44,406 | €68,117 | +€23,711 | +53.4% |
| Remuneration and social security | 454/9 | €25,000 | - | -€25,000 | |
| Other amounts payable | 47/48 | €8,523 | €179,290 | +€170,767 | +2,004% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,535 | €14,350 | -€4,185 | -22.6% |
| Other operating charges | 640/8 | €320 | €316 | -€4 | -1.3% |
| Gross operating margin | 9900 | €104,931 | €335,520 | +€230,589 | +220% |
| Operating profit (loss) | 9901 | €86,076 | €320,854 | +€234,778 | +273% |
| Financial income | 75/76B | €2 | €1 | -€1 | -50.0% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -50.0% |
| Financial charges | 65/66B | €3,117 | €3,605 | +€488 | +15.7% |
| Recurring financial charges | 65 | €3,117 | €3,605 | +€488 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €82,961 | €317,250 | +€234,289 | +282% |
| Income taxes | 67/77 | €17,482 | €26,588 | +€9,106 | +52.1% |
| Profit (loss) for the period | 9904 | €65,479 | €290,662 | +€225,183 | +344% |
| Profit (loss) for the period to be appropriated | 9905 | €65,479 | €290,662 | +€225,183 | +344% |
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 18 October 2026 via checked.be.