RORASON: 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.
RORASON
Largest movements
- Tangible fixed assets -€58,731
down €58,731 (-4.9%), from €1.2m to €1.1m
- Debts after one year -€86,863
down €86,863 (-36.6%), from €237,312 to €150,449
- Trade debts +€17,216
up €17,216 (+20.8%), from €82,652 to €99,867
- Gross operating margin +€15,615
up €15,615 (+17.2%), from €90,726 to €106,341
- Depreciation -€5,567
down €5,567 (-8.7%), from €64,298 to €58,731
- Financial charges -€4,363
down €4,363 (-14.8%), from €29,535 to €25,172
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 | €1,203,969 | €1,141,460 | -€62,509 | -5.2% |
| Fixed assets | 21/28 | €1,194,017 | €1,135,286 | -€58,731 | -4.9% |
| Tangible fixed assets | 22/27 | €1,194,017 | €1,135,286 | -€58,731 | -4.9% |
| Land and buildings | 22 | €1,194,017 | €1,135,286 | -€58,731 | -4.9% |
| Current assets | 29/58 | €9,953 | €6,174 | -€3,779 | -38.0% |
| Amounts receivable within one year | 40/41 | €5,000 | - | -€5,000 | |
| Other amounts receivable | 41 | €5,000 | - | -€5,000 | |
| Cash at bank and in hand | 54/58 | €4,953 | €6,174 | +€1,221 | +24.7% |
| Total equity and liabilities | 10/49 | €1,203,969 | €1,141,460 | -€62,509 | -5.2% |
| Equity | 10/15 | €448,017 | €455,580 | +€7,563 | +1.7% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €23,555 | €23,555 | = | 0.0% |
| Distributable reserves | 133 | €23,555 | €23,555 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,538 | -€67,975 | +€7,563 | +10.0% |
| Amounts payable | 17/49 | €755,952 | €685,880 | -€70,072 | -9.3% |
| Amounts payable after more than one year | 17 | €237,312 | €150,449 | -€86,863 | -36.6% |
| Financial debts | 170/4 | €237,312 | €150,449 | -€86,863 | -36.6% |
| Amounts payable within one year | 42/48 | €502,083 | €519,799 | +€17,717 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €83,834 | €86,836 | +€3,002 | +3.6% |
| Trade debts | 44 | €82,652 | €99,867 | +€17,216 | +20.8% |
| Suppliers | 440/4 | €82,652 | €99,867 | +€17,216 | +20.8% |
| Other amounts payable | 47/48 | €335,597 | €333,096 | -€2,501 | -0.7% |
| Accrued charges and deferred income | 492/3 | €16,558 | €15,632 | -€926 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,298 | €58,731 | -€5,567 | -8.7% |
| Other operating charges | 640/8 | €14,422 | €14,875 | +€453 | +3.1% |
| Gross operating margin | 9900 | €90,726 | €106,341 | +€15,615 | +17.2% |
| Operating profit (loss) | 9901 | €12,006 | €32,735 | +€20,729 | +172.7% |
| Financial charges | 65/66B | €29,535 | €25,172 | -€4,363 | -14.8% |
| Recurring financial charges | 65 | €29,535 | €25,172 | -€4,363 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€17,529 | €7,563 | +€25,092 | |
| Profit (loss) for the period | 9904 | -€17,529 | €7,563 | +€25,092 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,529 | €7,563 | +€25,092 |
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.