ROGETRA: 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.
ROGETRA
Largest movements
- Cash +€142,452
up €142,452 (+87.9%), from €161,975 to €304,427
mainly Net result for the year (+€123,615) and Depreciation (+€60,956)
- Tangible fixed assets -€60,956
down €60,956 (-33.0%), from €184,728 to €123,772
of which Furniture and vehicles: -€31,000
- Profit (loss) carried forward +€123,615
up €123,615 (+476.2%), from €25,960 to €149,575
- Debts after one year -€48,304
down €48,304 (-42.9%), from €112,474 to €64,170
- Trade debts +€11,305
up €11,305 (+75.3%), from €15,004 to €26,308
- Gross operating margin +€50,731
up €50,731 (+28.9%), from €175,453 to €226,184
- Taxes +€11,827
up €11,827 (+47.6%), from €24,829 to €36,656
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 | €463,665 | €545,730 | +€82,065 | +17.7% |
| Fixed assets | 21/28 | €198,770 | €137,814 | -€60,956 | -30.7% |
| Tangible fixed assets | 22/27 | €184,728 | €123,772 | -€60,956 | -33.0% |
| Plant, machinery and equipment | 23 | €14,642 | €10,174 | -€4,468 | -30.5% |
| Furniture and vehicles | 24 | €133,063 | €102,063 | -€31,000 | -23.3% |
| Leasing and similar rights | 25 | €36,519 | €11,087 | -€25,432 | -69.6% |
| Other tangible fixed assets | 26 | €503 | €448 | -€55 | -10.9% |
| Financial fixed assets | 28 | €14,042 | €14,042 | = | 0.0% |
| Current assets | 29/58 | €264,895 | €407,916 | +€143,021 | +54.0% |
| Amounts receivable after more than one year | 29 | €585 | €585 | = | 0.0% |
| Trade receivables | 290 | €585 | €585 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €100,155 | €98,950 | -€1,206 | -1.2% |
| Trade receivables | 40 | €100,155 | €98,950 | -€1,206 | -1.2% |
| Cash at bank and in hand | 54/58 | €161,975 | €304,427 | +€142,452 | +87.9% |
| Deferred charges and accrued income | 490/1 | €2,179 | €3,954 | +€1,775 | +81.4% |
| Total equity and liabilities | 10/49 | €463,665 | €545,730 | +€82,065 | +17.7% |
| Equity | 10/15 | €227,169 | €350,784 | +€123,615 | +54.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €191,209 | €191,209 | = | 0.0% |
| Distributable reserves | 133 | €191,209 | €191,209 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,960 | €149,575 | +€123,615 | +476.2% |
| Amounts payable | 17/49 | €236,496 | €194,946 | -€41,550 | -17.6% |
| Amounts payable after more than one year | 17 | €112,474 | €64,170 | -€48,304 | -42.9% |
| Financial debts | 170/4 | €112,474 | €64,170 | -€48,304 | -42.9% |
| Amounts payable within one year | 42/48 | €124,022 | €130,776 | +€6,754 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €50,258 | €49,660 | -€598 | -1.2% |
| Trade debts | 44 | €15,004 | €26,308 | +€11,305 | +75.3% |
| Suppliers | 440/4 | €15,004 | €26,308 | +€11,305 | +75.3% |
| Taxes, remuneration and social security | 45 | €53,401 | €51,166 | -€2,235 | -4.2% |
| Taxes | 450/3 | €51,151 | €48,916 | -€2,235 | -4.4% |
| Remuneration and social security | 454/9 | €2,250 | €2,250 | = | 0.0% |
| Other amounts payable | 47/48 | €5,360 | €3,642 | -€1,717 | -32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,809 | €60,956 | +€146 | +0.2% |
| Other operating charges | 640/8 | €370 | €324 | -€46 | -12.5% |
| Gross operating margin | 9900 | €175,453 | €226,184 | +€50,731 | +28.9% |
| Operating profit (loss) | 9901 | €114,274 | €164,905 | +€50,631 | +44.3% |
| Financial income | 75/76B | €3 | €61 | +€58 | +2041.2% |
| Recurring financial income | 75 | €3 | €61 | +€58 | +2041.2% |
| Financial charges | 65/66B | €4,222 | €4,695 | +€473 | +11.2% |
| Recurring financial charges | 65 | €4,222 | €4,695 | +€473 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €110,054 | €160,270 | +€50,216 | +45.6% |
| Income taxes | 67/77 | €24,829 | €36,656 | +€11,827 | +47.6% |
| Profit (loss) for the period | 9904 | €85,225 | €123,615 | +€38,390 | +45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €85,225 | €123,615 | +€38,390 | +45.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.