ROJAG: 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.
ROJAG
Largest movements
- Cash -€11,038
down €11,038 (-99.2%), from €11,124 to €86
mainly Receivables within one year (-€5,171) and Net result for the year (-€4,175)
- Receivables within one year +€5,171
up €5,171 (+13.2%), from €39,234 to €44,405
- Profit (loss) carried forward -€4,175
down €4,175 (-87.0%), from €4,799 to €624
- Other debts -€977
down €977 (-59.2%), from €1,651 to €674
- Tax, wage and social debts -€715
down €715 (-100.0%), from €715 to €0
- Gross operating margin -€10,414
down €10,414, from €9,782 to -€632
- Other operating charges +€4,592
up €4,592 (+377.3%), from €1,217 to €5,809
- Depreciation -€3,255
no longer reported in 2025 (was €3,255)
- Taxes -€1,715
no longer reported in 2025 (was €1,715)
- Financial income +€1,062
up €1,062 (+88.2%), from €1,204 to €2,266
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 | €50,358 | €44,491 | -€5,867 | -11.7% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Land and buildings | 22 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €50,358 | €44,491 | -€5,867 | -11.7% |
| Amounts receivable within one year | 40/41 | €39,234 | €44,405 | +€5,171 | +13.2% |
| Other amounts receivable | 41 | €39,234 | €44,405 | +€5,171 | +13.2% |
| Cash at bank and in hand | 54/58 | €11,124 | €86 | -€11,038 | -99.2% |
| Total equity and liabilities | 10/49 | €50,358 | €44,491 | -€5,867 | -11.7% |
| Equity | 10/15 | €47,992 | €43,817 | -€4,175 | -8.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36,993 | €36,993 | = | 0.0% |
| Distributable reserves | 133 | €36,993 | €36,993 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,799 | €624 | -€4,175 | -87.0% |
| Amounts payable | 17/49 | €2,366 | €674 | -€1,692 | -71.5% |
| Amounts payable within one year | 42/48 | €2,366 | €674 | -€1,692 | -71.5% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €715 | €0 | -€715 | -100.0% |
| Taxes | 450/3 | €715 | €0 | -€715 | -100.0% |
| Other amounts payable | 47/48 | €1,651 | €674 | -€977 | -59.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,255 | - | -€3,255 | |
| Other operating charges | 640/8 | €1,217 | €5,809 | +€4,592 | +377.3% |
| Gross operating margin | 9900 | €9,782 | -€632 | -€10,414 | |
| Operating profit (loss) | 9901 | €5,310 | -€6,441 | -€11,751 | |
| Financial income | 75/76B | €1,204 | €2,266 | +€1,062 | +88.2% |
| Recurring financial income | 75 | €1,204 | €2,266 | +€1,062 | +88.2% |
| Profit (loss) for the period before taxes | 9903 | €6,514 | -€4,175 | -€10,689 | |
| Income taxes | 67/77 | €1,715 | - | -€1,715 | |
| Profit (loss) for the period | 9904 | €4,799 | -€4,175 | -€8,974 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,799 | -€4,175 | -€8,974 |
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 29 September 2026 via checked.be.