ROPA: 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.
ROPA
Largest movements
- Tangible fixed assets -€25,012
down €25,012 (-7.0%), from €356,563 to €331,551
of which Land and buildings: -€24,272
- Cash +€17,014
up €17,014 (+19.2%), from €88,405 to €105,419
mainly Depreciation (+€25,012)
- Reserves -€6,983
down €6,983 (-4.3%), from €161,474 to €154,491
of which Tax-exempt reserves: -€6,983
- Depreciation +€1,178
up €1,178 (+4.9%), from €23,833 to €25,012
- Gross operating margin +€736
up €736 (+2.1%), from €35,684 to €36,420
- Financial income +€519
up €519 (+1923.9%), from €27 to €546
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €445,276 | €437,447 | -€7,830 | -1.8% |
| Fixed assets | 21/28 | €356,563 | €331,551 | -€25,012 | -7.0% |
| Tangible fixed assets | 22/27 | €356,563 | €331,551 | -€25,012 | -7.0% |
| Land and buildings | 22 | €353,001 | €328,729 | -€24,272 | -6.9% |
| Furniture and vehicles | 24 | €3,562 | €2,822 | -€740 | -20.8% |
| Current assets | 29/58 | €88,714 | €105,896 | +€17,182 | +19.4% |
| Amounts receivable within one year | 40/41 | €8 | €172 | +€164 | +2023.1% |
| Other amounts receivable | 41 | €8 | €172 | +€164 | +2023.1% |
| Cash at bank and in hand | 54/58 | €88,405 | €105,419 | +€17,014 | +19.2% |
| Deferred charges and accrued income | 490/1 | €301 | €305 | +€4 | +1.4% |
| Total equity and liabilities | 10/49 | €445,276 | €437,447 | -€7,830 | -1.8% |
| Equity | 10/15 | €253,865 | €251,284 | -€2,581 | -1.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €161,474 | €154,491 | -€6,983 | -4.3% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €155,276 | €148,294 | -€6,983 | -4.5% |
| Profit (loss) carried forward | 14 | €30,418 | €34,819 | +€4,402 | +14.5% |
| Amounts payable | 17/49 | €191,411 | €186,163 | -€5,249 | -2.7% |
| Amounts payable after more than one year | 17 | €178,000 | €178,000 | = | 0.0% |
| Financial debts | 170/4 | €178,000 | €178,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €12,836 | €8,163 | -€4,674 | -36.4% |
| Trade debts | 44 | €3,382 | €1,043 | -€2,340 | -69.2% |
| Suppliers | 440/4 | €3,382 | €1,043 | -€2,340 | -69.2% |
| Taxes, remuneration and social security | 45 | €2,136 | €2,136 | = | 0.0% |
| Taxes | 450/3 | €2,136 | €2,136 | = | 0.0% |
| Other amounts payable | 47/48 | €7,318 | €4,984 | -€2,334 | -31.9% |
| Accrued charges and deferred income | 492/3 | €575 | - | -€575 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,833 | €25,012 | +€1,178 | +4.9% |
| Other operating charges | 640/8 | €5,806 | €5,522 | -€284 | -4.9% |
| Non-recurring operating charges | 66A | - | €1,566 | +€1,566 | |
| Gross operating margin | 9900 | €35,684 | €36,420 | +€736 | +2.1% |
| Operating profit (loss) | 9901 | €6,044 | €4,320 | -€1,724 | -28.5% |
| Financial income | 75/76B | €27 | €546 | +€519 | +1923.9% |
| Recurring financial income | 75 | €27 | €546 | +€519 | +1923.9% |
| Financial charges | 65/66B | €7,449 | €7,447 | -€2 | 0.0% |
| Recurring financial charges | 65 | €7,449 | €7,447 | -€2 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,378 | -€2,581 | -€1,203 | -87.3% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€1,378 | -€2,581 | -€1,203 | -87.3% |
| Transfer from tax-exempt reserves | 789 | €8,241 | €6,983 | -€1,258 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,863 | €4,402 | -€2,462 | -35.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.