ROGI: what changed
ROGI
Largest movements
- Cash +€34,431
up €34,431 (+123%), from €27,979 to €62,409
mainly Net result for the year (+€27,868) and Other debts (+€7,429)
- Receivables within one year +€5,966
up €5,966 (+586%), from €1,019 to €6,985
of which Other amounts receivable: +€3,578
- Deferred charges and accrued income +€5,803
new in 2025: €5,803
- Stocks and contracts -€3,146
down €3,146 (-21.9%), from €14,370 to €11,224
- Tangible fixed assets -€2,934
down €2,934 (-44.8%), from €6,543 to €3,609
of which Land and buildings: -€1,991
- Profit (loss) carried forward +€15,345
up €15,345, from -€15,345 to €0
- Reserves +€12,523
up €12,523 (+89.4%), from €14,000 to €26,523
- Other debts +€7,429
up €7,429 (+29.9%), from €24,883 to €32,311
- Tax, wage and social debts +€5,124
up €5,124 (+140%), from €3,668 to €8,792
of which Taxes: +€5,036
- Gross operating margin +€68,359
up €68,359 (+322%), from €21,201 to €89,560
- Staff costs +€20,509
up €20,509 (+82.5%), from €24,862 to €45,371
- Other operating charges +€7,574
up €7,574 (+498%), from €1,521 to €9,095
- Taxes +€1,252
new in 2025: €1,252
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,911 | €111,031 | +€40,120 | +56.6% |
| Fixed assets | 21/28 | €27,543 | €24,609 | -€2,934 | -10.7% |
| Tangible fixed assets | 22/27 | €6,543 | €3,609 | -€2,934 | -44.8% |
| Land and buildings | 22 | €5,006 | €3,015 | -€1,991 | -39.8% |
| Plant, machinery and equipment | 23 | €797 | €594 | -€203 | -25.5% |
| Furniture and vehicles | 24 | €740 | €0 | -€740 | -100% |
| Financial fixed assets | 28 | €21,000 | €21,000 | = | 0.0% |
| Current assets | 29/58 | €43,368 | €86,422 | +€43,054 | +99.3% |
| Stocks and contracts in progress | 3 | €14,370 | €11,224 | -€3,146 | -21.9% |
| Stocks | 30/36 | €14,370 | €11,224 | -€3,146 | -21.9% |
| Amounts receivable within one year | 40/41 | €1,019 | €6,985 | +€5,966 | +586% |
| Trade receivables | 40 | €0 | €2,388 | +€2,388 | |
| Other amounts receivable | 41 | €1,019 | €4,597 | +€3,578 | +351% |
| Cash at bank and in hand | 54/58 | €27,979 | €62,409 | +€34,431 | +123% |
| Deferred charges and accrued income | 490/1 | - | €5,803 | +€5,803 | |
| Total equity and liabilities | 10/49 | €70,911 | €111,031 | +€40,120 | +56.6% |
| Equity | 10/15 | €38,655 | €66,523 | +€27,868 | +72.1% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €14,000 | €26,523 | +€12,523 | +89.4% |
| Distributable reserves | 133 | €14,000 | €26,523 | +€12,523 | +89.4% |
| Profit (loss) carried forward | 14 | -€15,345 | €0 | +€15,345 | |
| Amounts payable | 17/49 | €32,257 | €44,508 | +€12,251 | +38.0% |
| Amounts payable within one year | 42/48 | €32,257 | €44,508 | +€12,251 | +38.0% |
| Trade debts | 44 | €3,706 | €3,405 | -€301 | -8.1% |
| Suppliers | 440/4 | €3,706 | €3,405 | -€301 | -8.1% |
| Taxes, remuneration and social security | 45 | €3,668 | €8,792 | +€5,124 | +140% |
| Taxes | 450/3 | €130 | €5,166 | +€5,036 | +3,874% |
| Remuneration and social security | 454/9 | €3,538 | €3,626 | +€88 | +2.5% |
| Other amounts payable | 47/48 | €24,883 | €32,311 | +€7,429 | +29.9% |
| Remuneration, social security and pensions | 62 | €24,862 | €45,371 | +€20,509 | +82.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,287 | €4,384 | +€97 | +2.3% |
| Other operating charges | 640/8 | €1,521 | €9,095 | +€7,574 | +498% |
| Gross operating margin | 9900 | €21,201 | €89,560 | +€68,359 | +322% |
| Operating profit (loss) | 9901 | -€9,469 | €30,709 | +€40,178 | |
| Financial income | 75/76B | - | €748 | +€748 | |
| Recurring financial income | 75 | - | €748 | +€748 | |
| Financial charges | 65/66B | €1,995 | €2,337 | +€342 | +17.1% |
| Recurring financial charges | 65 | €1,995 | €2,337 | +€342 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,464 | €29,121 | +€40,584 | |
| Income taxes | 67/77 | - | €1,252 | +€1,252 | |
| Profit (loss) for the period | 9904 | -€11,464 | €27,868 | +€39,332 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,464 | €27,868 | +€39,332 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.