ROPACA: 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.
ROPACA
Largest movements
- Financial fixed assets +€498,902
up €498,902 (+5.6%), from €8.9m to €9.4m
- Profit (loss) carried forward +€555,634
up €555,634 (+11.7%), from €4.8m to €5.3m
- Financial income +€130,888
up €130,888 (+21.3%), from €615,511 to €746,398
- Financial charges +€47,986
up €47,986 (+36.1%), from €133,030 to €181,016
- Gross operating margin -€2,035
down €2,035 (-26.4%), from -€7,712 to -€9,748
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 | €13,665,746 | €14,220,653 | +€554,907 | +4.1% |
| Fixed assets | 21/28 | €8,879,404 | €9,378,306 | +€498,902 | +5.6% |
| Financial fixed assets | 28 | €8,879,404 | €9,378,306 | +€498,902 | +5.6% |
| Current assets | 29/58 | €4,786,342 | €4,842,346 | +€56,004 | +1.2% |
| Amounts receivable within one year | 40/41 | €27,454 | €27,804 | +€350 | +1.3% |
| Other amounts receivable | 41 | €27,454 | €27,804 | +€350 | +1.3% |
| Current investments | 50/53 | €4,530,701 | €4,496,805 | -€33,897 | -0.7% |
| Cash at bank and in hand | 54/58 | €228,187 | €317,738 | +€89,551 | +39.2% |
| Total equity and liabilities | 10/49 | €13,665,746 | €14,220,653 | +€554,907 | +4.1% |
| Equity | 10/15 | €4,785,528 | €5,341,162 | +€555,634 | +11.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,765,123 | €5,320,757 | +€555,634 | +11.7% |
| Amounts payable | 17/49 | €8,880,218 | €8,879,491 | -€727 | 0.0% |
| Amounts payable after more than one year | 17 | €8,879,435 | €8,879,435 | = | 0.0% |
| Financial debts | 170/4 | €8,879,435 | €8,879,435 | = | 0.0% |
| Amounts payable within one year | 42/48 | €783 | €56 | -€727 | -92.9% |
| Other amounts payable | 47/48 | €783 | €56 | -€727 | -92.9% |
| Gross operating margin | 9900 | -€7,712 | -€9,748 | -€2,035 | -26.4% |
| Operating profit (loss) | 9901 | -€7,712 | -€9,748 | -€2,035 | -26.4% |
| Financial income | 75/76B | €615,511 | €746,398 | +€130,888 | +21.3% |
| Recurring financial income | 75 | €615,511 | €746,398 | +€130,888 | +21.3% |
| Financial charges | 65/66B | €133,030 | €181,016 | +€47,986 | +36.1% |
| Recurring financial charges | 65 | €133,030 | €181,016 | +€47,986 | +36.1% |
| Profit (loss) for the period before taxes | 9903 | €474,768 | €555,634 | +€80,866 | +17.0% |
| Profit (loss) for the period | 9904 | €474,768 | €555,634 | +€80,866 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €474,768 | €555,634 | +€80,866 | +17.0% |
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.