ROGUESIDE: 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.
ROGUESIDE
Largest movements
- Receivables within one year -€243,525
down €243,525 (-48.3%), from €504,271 to €260,745
of which Other amounts receivable: -€278,480
- Intangible fixed assets -€153,191
down €153,191 (-9.8%), from €1.6m to €1.4m
- Reserves -€768,000
down €768,000 (-56.4%), from €1.4m to €593,800
of which Distributable reserves: -€768,000
- Other debts +€507,226
new in 2025: €507,226
- Trade debts -€71,013
down €71,013 (-27.2%), from €260,813 to €189,799
- Investment grants -€48,883
down €48,883 (-18.6%), from €263,513 to €214,629
- Gross operating margin -€457,650
down €457,650 (-39.2%), from €1.2m to €709,428
- Purchases and services +€196,400
up €196,400 (+23.5%), from €836,947 to €1.0m
- Depreciation +€120,434
up €120,434 (+19.6%), from €615,457 to €735,890
- Turnover -€96,203
down €96,203 (-8.2%), from €1.2m to €1.1m
- Financial charges -€28,132
down €28,132 (-49.2%), from €57,220 to €29,088
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 | €2,107,473 | €1,716,598 | -€390,875 | -18.5% |
| Fixed assets | 21/28 | €1,584,802 | €1,426,949 | -€157,853 | -10.0% |
| Intangible fixed assets | 21 | €1,559,962 | €1,406,771 | -€153,191 | -9.8% |
| Tangible fixed assets | 22/27 | €24,840 | €20,178 | -€4,662 | -18.8% |
| Plant, machinery and equipment | 23 | €14,169 | €12,767 | -€1,402 | -9.9% |
| Furniture and vehicles | 24 | €8,451 | €5,675 | -€2,775 | -32.8% |
| Other tangible fixed assets | 26 | €2,221 | €1,736 | -€485 | -21.8% |
| Current assets | 29/58 | €522,671 | €289,649 | -€233,022 | -44.6% |
| Amounts receivable within one year | 40/41 | €504,271 | €260,745 | -€243,525 | -48.3% |
| Trade receivables | 40 | €140,064 | €175,019 | +€34,955 | +25.0% |
| Other amounts receivable | 41 | €364,206 | €85,726 | -€278,480 | -76.5% |
| Cash at bank and in hand | 54/58 | €11,494 | €21,870 | +€10,376 | +90.3% |
| Deferred charges and accrued income | 490/1 | €6,907 | €7,034 | +€127 | +1.8% |
| Total equity and liabilities | 10/49 | €2,107,473 | €1,716,598 | -€390,875 | -18.5% |
| Equity | 10/15 | €1,687,246 | €869,961 | -€817,284 | -48.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,361,800 | €593,800 | -€768,000 | -56.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,355,600 | €587,600 | -€768,000 | -56.7% |
| Profit (loss) carried forward | 14 | -€67 | -€468 | -€401 | -598.8% |
| Investment grants | 15 | €263,513 | €214,629 | -€48,883 | -18.6% |
| Provisions and deferred taxes | 16 | €87,838 | €71,543 | -€16,294 | -18.6% |
| Deferred taxes | 168 | €87,838 | €71,543 | -€16,294 | -18.6% |
| Amounts payable | 17/49 | €332,390 | €775,094 | +€442,704 | +133.2% |
| Amounts payable within one year | 42/48 | €332,198 | €774,516 | +€442,317 | +133.1% |
| Trade debts | 44 | €260,813 | €189,799 | -€71,013 | -27.2% |
| Suppliers | 440/4 | €260,813 | €189,799 | -€71,013 | -27.2% |
| Taxes, remuneration and social security | 45 | €71,386 | €77,491 | +€6,105 | +8.6% |
| Taxes | 450/3 | - | €976 | +€976 | |
| Remuneration and social security | 454/9 | €71,386 | €76,515 | +€5,129 | +7.2% |
| Other amounts payable | 47/48 | - | €507,226 | +€507,226 | |
| Accrued charges and deferred income | 492/3 | €192 | €578 | +€386 | +201.6% |
| Turnover | 70 | €1,174,954 | €1,078,752 | -€96,203 | -8.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €836,947 | €1,033,346 | +€196,400 | +23.5% |
| Remuneration, social security and pensions | 62 | €766,020 | €777,003 | +€10,983 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €615,457 | €735,890 | +€120,434 | +19.6% |
| Other operating charges | 640/8 | €10,442 | €6,171 | -€4,271 | -40.9% |
| Gross operating margin | 9900 | €1,167,078 | €709,428 | -€457,650 | -39.2% |
| Operating profit (loss) | 9901 | -€224,841 | -€809,637 | -€584,796 | -260.1% |
| Financial income | 75/76B | €28,500 | €52,307 | +€23,807 | +83.5% |
| Recurring financial income | 75 | €28,500 | €52,307 | +€23,807 | +83.5% |
| Financial charges | 65/66B | €57,220 | €29,088 | -€28,132 | -49.2% |
| Recurring financial charges | 65 | €57,220 | €29,088 | -€28,132 | -49.2% |
| Profit (loss) for the period before taxes | 9903 | -€253,561 | -€786,418 | -€532,857 | -210.1% |
| Transfer from deferred taxes | 780 | €6,663 | €16,294 | +€9,632 | +144.6% |
| Income taxes | 67/77 | -€11,649 | -€1,723 | +€9,926 | +85.2% |
| Profit (loss) for the period | 9904 | -€235,250 | -€768,401 | -€533,151 | -226.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€235,250 | -€768,401 | -€533,151 | -226.6% |
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.