ROGIN: what changed
ROGIN
Largest movements
- Tangible fixed assets +€57,925
up €57,925 (+99.9%), from €57,971 to €115,896
of which Furniture and vehicles: +€58,666
- Cash +€5,682
up €5,682 (+6.4%), from €89,023 to €94,705
mainly Debts after one year (+€39,039) and Depreciation (+€31,293)
- Receivables within one year +€5,478
up €5,478 (+116%), from €4,727 to €10,204
of which Other amounts receivable: +€2,752
- Debts after one year +€39,039
up €39,039 (+156%), from €25,105 to €64,144
- Reserves +€21,740
up €21,740 (+51.3%), from €42,394 to €64,134
of which Distributable reserves: +€21,740
- Current portion of long-term debt +€20,616
up €20,616 (+352%), from €5,855 to €26,470
- Trade debts -€9,790
down €9,790 (-14.9%), from €65,638 to €55,848
- Gross operating margin +€47,521
up €47,521 (+23.2%), from €204,450 to €251,971
- Staff costs +€24,164
up €24,164 (+15.7%), from €154,318 to €178,482
- Depreciation +€20,804
up €20,804 (+198%), from €10,489 to €31,293
- Financial charges +€2,774
up €2,774 (+47.2%), from €5,878 to €8,651
Change in the result, 2025 to 2026
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 2025 and 2026 balance sheets and the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €166,209 | €236,617 | +€70,408 | +42.4% |
| Fixed assets | 21/28 | €62,468 | €120,410 | +€57,942 | +92.8% |
| Tangible fixed assets | 22/27 | €57,971 | €115,896 | +€57,925 | +99.9% |
| Land and buildings | 22 | €17,605 | €14,235 | -€3,371 | -19.1% |
| Plant, machinery and equipment | 23 | €3,987 | €6,617 | +€2,630 | +66.0% |
| Furniture and vehicles | 24 | €36,378 | €95,044 | +€58,666 | +161% |
| Financial fixed assets | 28 | €4,497 | €4,514 | +€16 | +0.4% |
| Current assets | 29/58 | €103,741 | €116,207 | +€12,466 | +12.0% |
| Stocks and contracts in progress | 3 | €9,991 | €11,298 | +€1,307 | +13.1% |
| Stocks | 30/36 | €9,991 | €11,298 | +€1,307 | +13.1% |
| Amounts receivable within one year | 40/41 | €4,727 | €10,204 | +€5,478 | +116% |
| Trade receivables | 40 | €3,266 | €5,992 | +€2,726 | +83.5% |
| Other amounts receivable | 41 | €1,461 | €4,213 | +€2,752 | +188% |
| Cash at bank and in hand | 54/58 | €89,023 | €94,705 | +€5,682 | +6.4% |
| Total equity and liabilities | 10/49 | €166,209 | €236,617 | +€70,408 | +42.4% |
| Equity | 10/15 | €60,994 | €82,734 | +€21,740 | +35.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,394 | €64,134 | +€21,740 | +51.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,534 | €62,274 | +€21,740 | +53.6% |
| Amounts payable | 17/49 | €105,215 | €153,883 | +€48,668 | +46.3% |
| Amounts payable after more than one year | 17 | €25,105 | €64,144 | +€39,039 | +156% |
| Financial debts | 170/4 | €25,105 | €64,144 | +€39,039 | +156% |
| Amounts payable within one year | 42/48 | €80,111 | €89,739 | +€9,628 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €5,855 | €26,470 | +€20,616 | +352% |
| Trade debts | 44 | €65,638 | €55,848 | -€9,790 | -14.9% |
| Suppliers | 440/4 | €65,638 | €55,848 | -€9,790 | -14.9% |
| Taxes, remuneration and social security | 45 | €8,618 | €7,421 | -€1,198 | -13.9% |
| Taxes | 450/3 | €2,158 | €203 | -€1,955 | -90.6% |
| Remuneration and social security | 454/9 | €6,460 | €7,218 | +€757 | +11.7% |
| Non-recurring operating income | 76A | - | €9,050 | +€9,050 | |
| Remuneration, social security and pensions | 62 | €154,318 | €178,482 | +€24,164 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,489 | €31,293 | +€20,804 | +198% |
| Other operating charges | 640/8 | €1,822 | €1,091 | -€731 | -40.1% |
| Gross operating margin | 9900 | €204,450 | €251,971 | +€47,521 | +23.2% |
| Operating profit (loss) | 9901 | €37,822 | €41,105 | +€3,284 | +8.7% |
| Financial income | 75/76B | €31 | €432 | +€401 | +1,275% |
| Recurring financial income | 75 | €31 | €19 | -€12 | -38.8% |
| Non-recurring financial income | 76B | - | €413 | +€413 | |
| Financial charges | 65/66B | €5,878 | €8,651 | +€2,774 | +47.2% |
| Recurring financial charges | 65 | €5,878 | €8,651 | +€2,774 | +47.2% |
| Profit (loss) for the period before taxes | 9903 | €31,975 | €32,887 | +€911 | +2.8% |
| Income taxes | 67/77 | €12,166 | €11,146 | -€1,020 | -8.4% |
| Profit (loss) for the period | 9904 | €19,810 | €21,740 | +€1,931 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,810 | €21,740 | +€1,931 | +9.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.