ROGO C.P.: 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.
ROGO C.P.
Largest movements
- Cash +€47,697
up €47,697 (+59.1%), from €80,698 to €128,395
mainly Net result for the year (+€63,950) and Other debts (+€41,658)
- Tangible fixed assets -€19,012
down €19,012 (-43.2%), from €44,020 to €25,009
of which Furniture and vehicles: -€14,332
- Receivables within one year -€17,915
down €17,915 (-26.9%), from €66,509 to €48,594
of which Trade receivables: -€17,070
- Intangible fixed assets -€7,250
down €7,250 (-11.7%), from €61,946 to €54,696
- Current investments +€5,573
up €5,573 (+3.6%), from €153,972 to €159,544
- Other debts +€41,658
up €41,658 (+123%), from €33,955 to €75,612
- Trade debts -€14,889
down €14,889 (-56.4%), from €26,386 to €11,497
- Reserves -€11,662
down €11,662 (-2.8%), from €417,063 to €405,400
of which Distributable reserves: -€11,662
- Gross operating margin +€37,287
up €37,287 (+47.5%), from €78,538 to €115,826
- Financial income -€3,389
down €3,389 (-38.5%), from €8,804 to €5,415
- Taxes +€3,029
up €3,029 (+13.7%), from €22,122 to €25,151
- Depreciation +€2,572
up €2,572 (+9.5%), from €26,935 to €29,507
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 | €514,939 | €526,512 | +€11,573 | +2.2% |
| Fixed assets | 21/28 | €108,466 | €82,217 | -€26,249 | -24.2% |
| Intangible fixed assets | 21 | €61,946 | €54,696 | -€7,250 | -11.7% |
| Tangible fixed assets | 22/27 | €44,020 | €25,009 | -€19,012 | -43.2% |
| Plant, machinery and equipment | 23 | €12,876 | €12,817 | -€59 | -0.5% |
| Furniture and vehicles | 24 | €26,524 | €12,191 | -€14,332 | -54.0% |
| Leasing and similar rights | 25 | €4,621 | €0 | -€4,621 | -100% |
| Financial fixed assets | 28 | €2,499 | €2,512 | +€13 | +0.5% |
| Current assets | 29/58 | €406,474 | €444,295 | +€37,822 | +9.3% |
| Stocks and contracts in progress | 3 | €101,706 | €105,784 | +€4,078 | +4.0% |
| Stocks | 30/36 | €101,706 | €105,784 | +€4,078 | +4.0% |
| Amounts receivable within one year | 40/41 | €66,509 | €48,594 | -€17,915 | -26.9% |
| Trade receivables | 40 | €65,534 | €48,464 | -€17,070 | -26.0% |
| Other amounts receivable | 41 | €974 | €130 | -€844 | -86.7% |
| Current investments | 50/53 | €153,972 | €159,544 | +€5,573 | +3.6% |
| Cash at bank and in hand | 54/58 | €80,698 | €128,395 | +€47,697 | +59.1% |
| Deferred charges and accrued income | 490/1 | €3,590 | €1,978 | -€1,612 | -44.9% |
| Total equity and liabilities | 10/49 | €514,939 | €526,512 | +€11,573 | +2.2% |
| Equity | 10/15 | €442,063 | €430,400 | -€11,662 | -2.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €417,063 | €405,400 | -€11,662 | -2.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €417,063 | €405,400 | -€11,662 | -2.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €72,877 | €96,112 | +€23,235 | +31.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €72,877 | €96,112 | +€23,235 | +31.9% |
| Current portion of amounts payable after more than one year | 42 | €4,945 | €0 | -€4,945 | -100% |
| Trade debts | 44 | €26,386 | €11,497 | -€14,889 | -56.4% |
| Suppliers | 440/4 | €26,386 | €11,497 | -€14,889 | -56.4% |
| Taxes, remuneration and social security | 45 | €7,591 | €9,003 | +€1,412 | +18.6% |
| Taxes | 450/3 | €7,591 | €9,003 | +€1,412 | +18.6% |
| Other amounts payable | 47/48 | €33,955 | €75,612 | +€41,658 | +123% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,935 | €29,507 | +€2,572 | +9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €614 | +€614 | |
| Other operating charges | 640/8 | €2,200 | €2,231 | +€30 | +1.4% |
| Gross operating margin | 9900 | €78,538 | €115,826 | +€37,287 | +47.5% |
| Operating profit (loss) | 9901 | €49,403 | €83,474 | +€34,072 | +69.0% |
| Financial income | 75/76B | €8,804 | €5,415 | -€3,389 | -38.5% |
| Recurring financial income | 75 | €8,804 | €5,415 | -€3,389 | -38.5% |
| Financial charges | 65/66B | €308 | -€212 | -€520 | |
| Recurring financial charges | 65 | €308 | -€212 | -€520 | |
| Profit (loss) for the period before taxes | 9903 | €57,899 | €89,101 | +€31,202 | +53.9% |
| Income taxes | 67/77 | €22,122 | €25,151 | +€3,029 | +13.7% |
| Profit (loss) for the period | 9904 | €35,777 | €63,950 | +€28,173 | +78.7% |
| Transfer from tax-exempt reserves | 789 | €63,150 | €0 | -€63,150 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €98,927 | €63,950 | -€34,977 | -35.4% |
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 15 October 2026 via checked.be.