ROKA: 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.
ROKA
Largest movements
- Receivables within one year +€122,197
up €122,197 (+168.3%), from €72,624 to €194,821
of which Trade receivables: +€142,212
- Tangible fixed assets -€100,138
down €100,138 (-4.2%), from €2.4m to €2.3m
of which Land and buildings: -€87,198
- Cash -€32,860
down €32,860 (-87.6%), from €37,508 to €4,648
- Other debts +€574,503
up €574,503 (+106.9%), from €537,218 to €1.1m
- Current portion of long-term debt -€557,974
down €557,974 (-81.4%), from €685,320 to €127,346
- Profit (loss) carried forward +€96,460
up €96,460 (+59.5%), from -€162,036 to -€65,576
- Revaluation surpluses -€80,608
down €80,608 (-21.6%), from €373,216 to €292,607
- Debts after one year -€28,871
down €28,871 (-3.0%), from €960,395 to €931,524
- Gross operating margin +€69,910
up €69,910 (+27.5%), from €253,867 to €323,776
- Taxes +€41,942
up €41,942 (+813.7%), from €5,155 to €47,097
- Depreciation +€34,198
up €34,198 (+47.8%), from €71,506 to €105,704
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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,820,435 | €2,809,634 | -€10,801 | -0.4% |
| Fixed assets | 21/28 | €2,710,303 | €2,610,165 | -€100,138 | -3.7% |
| Tangible fixed assets | 22/27 | €2,385,303 | €2,285,165 | -€100,138 | -4.2% |
| Land and buildings | 22 | €2,360,655 | €2,273,457 | -€87,198 | -3.7% |
| Plant, machinery and equipment | 23 | €16,868 | €3,703 | -€13,165 | -78.0% |
| Furniture and vehicles | 24 | €7,780 | €8,006 | +€226 | +2.9% |
| Financial fixed assets | 28 | €325,000 | €325,000 | = | 0.0% |
| Current assets | 29/58 | €110,132 | €199,469 | +€89,337 | +81.1% |
| Amounts receivable within one year | 40/41 | €72,624 | €194,821 | +€122,197 | +168.3% |
| Trade receivables | 40 | €52,218 | €194,430 | +€142,212 | +272.3% |
| Other amounts receivable | 41 | €20,406 | €391 | -€20,015 | -98.1% |
| Cash at bank and in hand | 54/58 | €37,508 | €4,648 | -€32,860 | -87.6% |
| Total equity and liabilities | 10/49 | €2,820,435 | €2,809,634 | -€10,801 | -0.4% |
| Equity | 10/15 | €444,941 | €455,440 | +€10,499 | +2.4% |
| Contributions | 10/11 | €15,502 | €15,502 | = | 0.0% |
| Revaluation surpluses | 12 | €373,216 | €292,607 | -€80,608 | -21.6% |
| Reserves | 13 | €218,259 | €212,907 | -€5,352 | -2.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €69,575 | €64,223 | -€5,352 | -7.7% |
| Distributable reserves | 133 | €148,685 | €148,685 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€162,036 | -€65,576 | +€96,460 | +59.5% |
| Provisions and deferred taxes | 16 | €23,814 | €21,982 | -€1,832 | -7.7% |
| Deferred taxes | 168 | €23,814 | €21,982 | -€1,832 | -7.7% |
| Amounts payable | 17/49 | €2,351,680 | €2,332,212 | -€19,469 | -0.8% |
| Amounts payable after more than one year | 17 | €960,395 | €931,524 | -€28,871 | -3.0% |
| Financial debts | 170/4 | €960,395 | €931,524 | -€28,871 | -3.0% |
| Amounts payable within one year | 42/48 | €1,386,385 | €1,400,688 | +€14,303 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €685,320 | €127,346 | -€557,974 | -81.4% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €37,960 | €14,523 | -€23,437 | -61.7% |
| Suppliers | 440/4 | €37,960 | €14,523 | -€23,437 | -61.7% |
| Advances received on contracts in progress | 46 | €3,461 | €0 | -€3,461 | -100.0% |
| Taxes, remuneration and social security | 45 | €22,427 | €47,097 | +€24,671 | +110.0% |
| Taxes | 450/3 | €19,833 | €47,097 | +€27,264 | +137.5% |
| Remuneration and social security | 454/9 | €2,594 | €0 | -€2,594 | -100.0% |
| Other amounts payable | 47/48 | €537,218 | €1,111,722 | +€574,503 | +106.9% |
| Accrued charges and deferred income | 492/3 | €4,900 | €0 | -€4,900 | -100.0% |
| Non-recurring operating income | 76A | €13,651 | €0 | -€13,651 | -100.0% |
| Remuneration, social security and pensions | 62 | -€3,145 | €0 | +€3,145 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,506 | €105,704 | +€34,198 | +47.8% |
| Other operating charges | 640/8 | €24,051 | €21,390 | -€2,661 | -11.1% |
| Gross operating margin | 9900 | €253,867 | €323,776 | +€69,910 | +27.5% |
| Operating profit (loss) | 9901 | €161,455 | €196,682 | +€35,227 | +21.8% |
| Financial income | 75/76B | - | €2,135 | +€2,135 | |
| Recurring financial income | 75 | - | €2,135 | +€2,135 | |
| Financial charges | 65/66B | €61,473 | €62,445 | +€971 | +1.6% |
| Recurring financial charges | 65 | €61,473 | €62,445 | +€971 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €99,982 | €136,373 | +€36,391 | +36.4% |
| Transfer from deferred taxes | 780 | €1,099 | €1,832 | +€733 | +66.7% |
| Income taxes | 67/77 | €5,155 | €47,097 | +€41,942 | +813.7% |
| Profit (loss) for the period | 9904 | €95,926 | €91,108 | -€4,818 | -5.0% |
| Transfer from tax-exempt reserves | 789 | €3,211 | €5,352 | +€2,141 | +66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €99,137 | €96,460 | -€2,678 | -2.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 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.