ROGINVEST: 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.
ROGINVEST
Largest movements
- Receivables within one year +€3.7m
up €3.7m (+9.1%), from €40.3m to €43.9m
- Cash -€2.6m
down €2.6m (-94.3%), from €2.8m to €160,076
mainly Receivables within one year (-€3.7m) and Trade debts (-€12,100)
- Profit (loss) carried forward +€1.0m
up €1.0m (+35.9%), from €2.9m to €3.9m
- Financial income -€567,821
down €567,821 (-28.6%), from €2.0m to €1.4m
- Taxes -€143,794
down €143,794 (-29.3%), from €490,556 to €346,763
- Gross operating margin +€507
up €507 (+1.8%), from -€28,425 to -€27,918
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 | €43,065,105 | €44,093,293 | +€1.0m | +2.4% |
| Current assets | 29/58 | €43,065,105 | €44,093,293 | +€1.0m | +2.4% |
| Amounts receivable within one year | 40/41 | €40,263,935 | €43,933,216 | +€3.7m | +9.1% |
| Other amounts receivable | 41 | €40,263,935 | €43,933,216 | +€3.7m | +9.1% |
| Cash at bank and in hand | 54/58 | €2,801,170 | €160,076 | -€2.6m | -94.3% |
| Total equity and liabilities | 10/49 | €43,065,105 | €44,093,293 | +€1.0m | +2.4% |
| Equity | 10/15 | €43,053,005 | €44,093,293 | +€1.0m | +2.4% |
| Contributions | 10/11 | €40,000,000 | €40,000,000 | = | 0.0% |
| Capital | 10 | €40,000,000 | €40,000,000 | = | 0.0% |
| Issued capital | 100 | €40,000,000 | €40,000,000 | = | 0.0% |
| Reserves | 13 | €153,415 | €153,415 | = | 0.0% |
| Non-distributable reserves | 130/1 | €153,415 | €153,415 | = | 0.0% |
| Legal reserve | 130 | €153,415 | €153,415 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,899,590 | €3,939,878 | +€1.0m | +35.9% |
| Amounts payable | 17/49 | €12,100 | - | -€12,100 | |
| Amounts payable within one year | 42/48 | €12,100 | - | -€12,100 | |
| Trade debts | 44 | €12,100 | - | -€12,100 | |
| Suppliers | 440/4 | €12,100 | - | -€12,100 | |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€28,425 | -€27,918 | +€507 | +1.8% |
| Operating profit (loss) | 9901 | -€29,392 | -€28,916 | +€476 | +1.6% |
| Financial income | 75/76B | €1,983,865 | €1,416,044 | -€567,821 | -28.6% |
| Recurring financial income | 75 | €1,983,865 | €1,416,044 | -€567,821 | -28.6% |
| Financial charges | 65/66B | €223 | €78 | -€145 | -65.2% |
| Recurring financial charges | 65 | €223 | €78 | -€145 | -65.2% |
| Profit (loss) for the period before taxes | 9903 | €1,954,250 | €1,387,050 | -€567,199 | -29.0% |
| Income taxes | 67/77 | €490,556 | €346,763 | -€143,794 | -29.3% |
| Profit (loss) for the period | 9904 | €1,463,694 | €1,040,288 | -€423,406 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,463,694 | €1,040,288 | -€423,406 | -28.9% |
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 8 October 2026 via checked.be.