Rorganic: 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.
Rorganic
Largest movements
- Receivables within one year +€287,952
up €287,952 (+308%), from €93,604 to €381,556
of which Trade receivables: +€279,667
- Tangible fixed assets -€232,479
down €232,479 (-19.3%), from €1.2m to €970,739
of which Land and buildings: -€199,545
- Cash +€206,275
up €206,275 (+592%), from €34,847 to €241,121
mainly Advances received (+€267,940) and Investment in fixed assets (net) (+€144,975)
- Advances received +€267,940
up €267,940 (+983%), from €27,255 to €295,195
- Debts after one year -€135,072
down €135,072 (-23.1%), from €584,188 to €449,117
- Reserves +€58,031
up €58,031 (+13.3%), from €437,655 to €495,686
of which Distributable reserves: +€58,031
- Other debts +€41,126
up €41,126 (+31.3%), from €131,540 to €172,666
- Trade debts +€33,404
up €33,404 (+93.7%), from €35,634 to €69,038
- Gross operating margin +€93,988
up €93,988 (+43.1%), from €218,276 to €312,265
- Taxes +€30,748
up €30,748 (+128%), from €24,047 to €54,795
- Depreciation +€6,611
up €6,611 (+8.2%), from €80,892 to €87,503
- Financial charges -€5,022
down €5,022 (-14.2%), from €35,332 to €30,310
of which Financial charges: -€2,774
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.
Derived cash bridge
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 | €1,335,266 | €1,593,416 | +€258,150 | +19.3% |
| Fixed assets | 21/28 | €1,203,218 | €970,739 | -€232,479 | -19.3% |
| Tangible fixed assets | 22/27 | €1,203,218 | €970,739 | -€232,479 | -19.3% |
| Land and buildings | 22 | €1,137,666 | €938,122 | -€199,545 | -17.5% |
| Plant, machinery and equipment | 23 | €8,041 | €6,275 | -€1,767 | -22.0% |
| Furniture and vehicles | 24 | €38,569 | €26,343 | -€12,226 | -31.7% |
| Leasing and similar rights | 25 | €18,941 | €0 | -€18,941 | -100% |
| Current assets | 29/58 | €132,048 | €622,677 | +€490,629 | +372% |
| Amounts receivable after more than one year | 29 | €3,597 | - | -€3,597 | |
| Other amounts receivable | 291 | €3,597 | - | -€3,597 | |
| Amounts receivable within one year | 40/41 | €93,604 | €381,556 | +€287,952 | +308% |
| Trade receivables | 40 | €93,604 | €373,271 | +€279,667 | +299% |
| Other amounts receivable | 41 | - | €8,285 | +€8,285 | |
| Cash at bank and in hand | 54/58 | €34,847 | €241,121 | +€206,275 | +592% |
| Total equity and liabilities | 10/49 | €1,335,266 | €1,593,416 | +€258,150 | +19.3% |
| Equity | 10/15 | €442,655 | €500,686 | +€58,031 | +13.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €437,655 | €495,686 | +€58,031 | +13.3% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €437,155 | €495,186 | +€58,031 | +13.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €892,611 | €1,092,730 | +€200,120 | +22.4% |
| Amounts payable after more than one year | 17 | €584,188 | €449,117 | -€135,072 | -23.1% |
| Financial debts | 170/4 | €584,188 | €449,117 | -€135,072 | -23.1% |
| Amounts payable within one year | 42/48 | €308,422 | €643,614 | +€335,191 | +109% |
| Current portion of amounts payable after more than one year | 42 | €65,140 | €46,461 | -€18,679 | -28.7% |
| Trade debts | 44 | €35,634 | €69,038 | +€33,404 | +93.7% |
| Suppliers | 440/4 | €35,634 | €69,038 | +€33,404 | +93.7% |
| Advances received on contracts in progress | 46 | €27,255 | €295,195 | +€267,940 | +983% |
| Taxes, remuneration and social security | 45 | €48,853 | €60,254 | +€11,400 | +23.3% |
| Taxes | 450/3 | €48,853 | €60,254 | +€11,400 | +23.3% |
| Other amounts payable | 47/48 | €131,540 | €172,666 | +€41,126 | +31.3% |
| Non-recurring operating income | 76A | - | €44,747 | +€44,747 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,892 | €87,503 | +€6,611 | +8.2% |
| Other operating charges | 640/8 | €7,944 | €8,846 | +€901 | +11.3% |
| Non-recurring operating charges | 66A | - | €1,026 | +€1,026 | |
| Gross operating margin | 9900 | €218,276 | €312,265 | +€93,988 | +43.1% |
| Operating profit (loss) | 9901 | €129,440 | €214,889 | +€85,449 | +66.0% |
| Financial income | 75/76B | €1,693 | €0 | -€1,693 | -100% |
| Recurring financial income | 75 | €1,693 | €0 | -€1,693 | -100% |
| Non-recurring financial income | 76B | €1,693 | €0 | -€1,693 | -100% |
| Financial charges | 65/66B | €35,332 | €30,310 | -€5,022 | -14.2% |
| Recurring financial charges | 65 | €33,085 | €30,310 | -€2,774 | -8.4% |
| Non-recurring financial charges | 66B | €2,247 | €0 | -€2,247 | -100% |
| Profit (loss) for the period before taxes | 9903 | €95,801 | €184,579 | +€88,779 | +92.7% |
| Income taxes | 67/77 | €24,047 | €54,795 | +€30,748 | +128% |
| Profit (loss) for the period | 9904 | €71,753 | €129,784 | +€58,031 | +80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €71,753 | €129,784 | +€58,031 | +80.9% |
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 17 October 2026 via checked.be.