ROPEC: what changed
Two financial 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.
ROPEC
Largest movements
- Cash +€18,692
up €18,692 (+108.2%), from €17,269 to €35,961
mainly Net result for the year (+€32,865) and Depreciation (+€18,383)
- Tangible fixed assets -€6,965
down €6,965 (-12.1%), from €57,479 to €50,514
of which Furniture and vehicles: -€12,703
- Profit (loss) carried forward +€32,865
up €32,865 (+78.1%), from €42,083 to €74,949
- Other debts -€20,063
down €20,063 (-62.1%), from €32,307 to €12,244
- Accrued charges and deferred income -€2,460
down €2,460 (-58.3%), from €4,221 to €1,761
- Trade debts +€1,560
up €1,560 (+64.1%), from €2,436 to €3,997
- Gross operating margin -€10,147
down €10,147 (-14.2%), from €71,673 to €61,526
- Depreciation +€4,221
up €4,221 (+29.8%), from €14,161 to €18,383
- Taxes -€2,609
down €2,609 (-24.7%), from €10,569 to €7,959
- Financial charges -€2,459
down €2,459 (-57.2%), from €4,301 to €1,842
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 | €97,182 | €109,023 | +€11,841 | +12.2% |
| Fixed assets | 21/28 | €57,479 | €50,514 | -€6,965 | -12.1% |
| Tangible fixed assets | 22/27 | €57,479 | €50,514 | -€6,965 | -12.1% |
| Plant, machinery and equipment | 23 | - | €6,834 | +€6,834 | |
| Furniture and vehicles | 24 | €52,186 | €39,483 | -€12,703 | -24.3% |
| Other tangible fixed assets | 26 | €5,293 | €4,197 | -€1,095 | -20.7% |
| Current assets | 29/58 | €39,703 | €58,509 | +€18,806 | +47.4% |
| Amounts receivable within one year | 40/41 | €22,435 | €21,506 | -€929 | -4.1% |
| Trade receivables | 40 | €22,434 | €21,505 | -€929 | -4.1% |
| Other amounts receivable | 41 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,269 | €35,961 | +€18,692 | +108.2% |
| Deferred charges and accrued income | 490/1 | - | €1,043 | +€1,043 | |
| Total equity and liabilities | 10/49 | €97,182 | €109,023 | +€11,841 | +12.2% |
| Equity | 10/15 | €44,583 | €77,449 | +€32,865 | +73.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,083 | €74,949 | +€32,865 | +78.1% |
| Amounts payable | 17/49 | €52,599 | €31,575 | -€21,024 | -40.0% |
| Amounts payable within one year | 42/48 | €48,378 | €29,813 | -€18,564 | -38.4% |
| Trade debts | 44 | €2,436 | €3,997 | +€1,560 | +64.1% |
| Suppliers | 440/4 | €2,436 | €3,997 | +€1,560 | +64.1% |
| Taxes, remuneration and social security | 45 | €13,635 | €13,573 | -€62 | -0.5% |
| Taxes | 450/3 | €13,635 | €13,573 | -€62 | -0.5% |
| Other amounts payable | 47/48 | €32,307 | €12,244 | -€20,063 | -62.1% |
| Accrued charges and deferred income | 492/3 | €4,221 | €1,761 | -€2,460 | -58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,161 | €18,383 | +€4,221 | +29.8% |
| Other operating charges | 640/8 | €573 | €544 | -€29 | -5.1% |
| Gross operating margin | 9900 | €71,673 | €61,526 | -€10,147 | -14.2% |
| Operating profit (loss) | 9901 | €56,939 | €42,600 | -€14,339 | -25.2% |
| Financial income | 75/76B | €14 | €66 | +€52 | +373.1% |
| Recurring financial income | 75 | €14 | €66 | +€52 | +373.1% |
| Financial charges | 65/66B | €4,301 | €1,842 | -€2,459 | -57.2% |
| Recurring financial charges | 65 | €4,301 | €1,842 | -€2,459 | -57.2% |
| Profit (loss) for the period before taxes | 9903 | €52,652 | €40,824 | -€11,828 | -22.5% |
| Income taxes | 67/77 | €10,569 | €7,959 | -€2,609 | -24.7% |
| Profit (loss) for the period | 9904 | €42,083 | €32,865 | -€9,218 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,083 | €32,865 | -€9,218 | -21.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.