ROVACON: 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.
ROVACON
Largest movements
- Cash +€263,417
up €263,417 (+250%), from €105,363 to €368,780
mainly Net result for the year (+€222,336) and Receivables within one year (+€51,641)
- Receivables within one year -€51,641
down €51,641 (-36.8%), from €140,284 to €88,642
of which Trade receivables: -€59,071
- Tangible fixed assets -€47,518
down €47,518 (-33.8%), from €140,490 to €92,972
of which Furniture and vehicles: -€46,011
- Reserves +€222,000
up €222,000 (+162%), from €137,200 to €359,200
- Debts after one year -€27,898
down €27,898 (-46.3%), from €60,213 to €32,315
- Tax, wage and social debts -€22,587
no longer reported in 2025 (was €22,587)
of which Remuneration and social security: -€13,114
- Current portion of long-term debt -€6,040
down €6,040 (-17.5%), from €34,431 to €28,391
- Gross operating margin +€238,383
up €238,383 (+86.6%), from €275,330 to €513,713
- Taxes +€90,539
up €90,539 (+687%), from €13,172 to €103,711
- Staff costs -€67,797
down €67,797 (-33.9%), from €199,713 to €131,916
- Financial charges +€28,874
up €28,874 (+577%), from €5,008 to €33,881
of which Non-recurring financial charges: +€30,473
- Depreciation -€16,916
down €16,916 (-44.6%), from €37,889 to €20,973
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 | €395,798 | €556,649 | +€160,851 | +40.6% |
| Fixed assets | 21/28 | €143,491 | €93,324 | -€50,167 | -35.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €140,490 | €92,972 | -€47,518 | -33.8% |
| Plant, machinery and equipment | 23 | €1,987 | €1,200 | -€787 | -39.6% |
| Furniture and vehicles | 24 | €137,255 | €91,244 | -€46,011 | -33.5% |
| Other tangible fixed assets | 26 | €1,248 | €528 | -€720 | -57.7% |
| Financial fixed assets | 28 | €3,000 | €351 | -€2,649 | -88.3% |
| Current assets | 29/58 | €252,307 | €463,325 | +€211,018 | +83.6% |
| Amounts receivable within one year | 40/41 | €140,284 | €88,642 | -€51,641 | -36.8% |
| Trade receivables | 40 | €137,626 | €78,555 | -€59,071 | -42.9% |
| Other amounts receivable | 41 | €2,658 | €10,087 | +€7,429 | +280% |
| Cash at bank and in hand | 54/58 | €105,363 | €368,780 | +€263,417 | +250% |
| Deferred charges and accrued income | 490/1 | €6,660 | €5,902 | -€758 | -11.4% |
| Total equity and liabilities | 10/49 | €395,798 | €556,649 | +€160,851 | +40.6% |
| Equity | 10/15 | €217,272 | €439,607 | +€222,336 | +102% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €137,200 | €359,200 | +€222,000 | +162% |
| Distributable reserves | 133 | €137,200 | €359,200 | +€222,000 | +162% |
| Profit (loss) carried forward | 14 | €50,072 | €50,407 | +€336 | +0.7% |
| Amounts payable | 17/49 | €178,526 | €117,042 | -€61,485 | -34.4% |
| Amounts payable after more than one year | 17 | €60,213 | €32,315 | -€27,898 | -46.3% |
| Financial debts | 170/4 | €60,213 | €32,315 | -€27,898 | -46.3% |
| Amounts payable within one year | 42/48 | €118,313 | €84,727 | -€33,587 | -28.4% |
| Current portion of amounts payable after more than one year | 42 | €34,431 | €28,391 | -€6,040 | -17.5% |
| Trade debts | 44 | €58,756 | €54,280 | -€4,476 | -7.6% |
| Suppliers | 440/4 | €58,756 | €54,280 | -€4,476 | -7.6% |
| Taxes, remuneration and social security | 45 | €22,587 | - | -€22,587 | |
| Taxes | 450/3 | €9,472 | - | -€9,472 | |
| Remuneration and social security | 454/9 | €13,114 | - | -€13,114 | |
| Other amounts payable | 47/48 | €2,540 | €2,056 | -€484 | -19.1% |
| Non-recurring operating income | 76A | €2,058 | €343,342 | +€341,283 | +16,580% |
| Remuneration, social security and pensions | 62 | €199,713 | €131,916 | -€67,797 | -33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,889 | €20,973 | -€16,916 | -44.6% |
| Other operating charges | 640/8 | €3,119 | €1,637 | -€1,482 | -47.5% |
| Non-recurring operating charges | 66A | - | €1,225 | +€1,225 | |
| Gross operating margin | 9900 | €275,330 | €513,713 | +€238,383 | +86.6% |
| Operating profit (loss) | 9901 | €34,609 | €357,962 | +€323,352 | +934% |
| Financial income | 75/76B | €510 | €1,967 | +€1,457 | +286% |
| Recurring financial income | 75 | €510 | €1,967 | +€1,457 | +286% |
| Financial charges | 65/66B | €5,008 | €33,881 | +€28,874 | +577% |
| Recurring financial charges | 65 | €5,008 | €3,408 | -€1,599 | -31.9% |
| Non-recurring financial charges | 66B | - | €30,473 | +€30,473 | |
| Profit (loss) for the period before taxes | 9903 | €30,112 | €326,047 | +€295,935 | +983% |
| Income taxes | 67/77 | €13,172 | €103,711 | +€90,539 | +687% |
| Profit (loss) for the period | 9904 | €16,940 | €222,336 | +€205,396 | +1,213% |
| Profit (loss) for the period to be appropriated | 9905 | €16,940 | €222,336 | +€205,396 | +1,213% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.