ROVAHA: 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.
ROVAHA
Largest movements
- Cash +€20,705
up €20,705 (+288.4%), from €7,180 to €27,884
mainly Investment in fixed assets (net) (+€20,000) and Net result for the year (+€7,768)
- Financial fixed assets -€20,000
down €20,000 (-100.0%), from €20,000 to €0
- Deferred charges and accrued income -€4,344
down €4,344 (-97.9%), from €4,440 to €95
- Tangible fixed assets -€4,227
down €4,227 (-39.4%), from €10,736 to €6,508
of which Furniture and vehicles: -€3,526
- Receivables within one year +€1,005
up €1,005 (+10.0%), from €10,006 to €11,011
of which Trade receivables: +€1,331
- Other debts -€8,724
down €8,724 (-38.4%), from €22,737 to €14,013
- Trade debts -€3,021
down €3,021 (-84.0%), from €3,597 to €576
- Reserves +€2,768
up €2,768 (+15.0%), from €18,428 to €21,196
- Tax, wage and social debts +€1,474
up €1,474 (+38.0%), from €3,880 to €5,354
of which Taxes: +€1,474
- Accrued charges and deferred income +€642
up €642 (+293.8%), from €218 to €860
- Gross operating margin +€17,815
up €17,815 (+165.7%), from €10,752 to €28,567
- Financial charges +€9,854
up €9,854 (+3216.2%), from €306 to €10,160
- Taxes +€3,362
up €3,362 (+153.9%), from €2,184 to €5,546
- Depreciation +€2,659
up €2,659 (+169.6%), from €1,568 to €4,227
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 | €52,361 | €45,499 | -€6,862 | -13.1% |
| Fixed assets | 21/28 | €30,736 | €6,508 | -€24,227 | -78.8% |
| Tangible fixed assets | 22/27 | €10,736 | €6,508 | -€4,227 | -39.4% |
| Plant, machinery and equipment | 23 | €925 | €224 | -€701 | -75.8% |
| Furniture and vehicles | 24 | €9,811 | €6,284 | -€3,526 | -35.9% |
| Financial fixed assets | 28 | €20,000 | €0 | -€20,000 | -100.0% |
| Current assets | 29/58 | €21,625 | €38,991 | +€17,365 | +80.3% |
| Amounts receivable within one year | 40/41 | €10,006 | €11,011 | +€1,005 | +10.0% |
| Trade receivables | 40 | €9,680 | €11,011 | +€1,331 | +13.8% |
| Other amounts receivable | 41 | €326 | €0 | -€326 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,180 | €27,884 | +€20,705 | +288.4% |
| Deferred charges and accrued income | 490/1 | €4,440 | €95 | -€4,344 | -97.9% |
| Total equity and liabilities | 10/49 | €52,361 | €45,499 | -€6,862 | -13.1% |
| Equity | 10/15 | €21,928 | €24,696 | +€2,768 | +12.6% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €18,428 | €21,196 | +€2,768 | +15.0% |
| Distributable reserves | 133 | €18,428 | €21,196 | +€2,768 | +15.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €30,433 | €20,803 | -€9,630 | -31.6% |
| Amounts payable within one year | 42/48 | €30,214 | €19,943 | -€10,272 | -34.0% |
| Trade debts | 44 | €3,597 | €576 | -€3,021 | -84.0% |
| Suppliers | 440/4 | €3,597 | €576 | -€3,021 | -84.0% |
| Taxes, remuneration and social security | 45 | €3,880 | €5,354 | +€1,474 | +38.0% |
| Taxes | 450/3 | €1,330 | €2,804 | +€1,474 | +110.8% |
| Remuneration and social security | 454/9 | €2,550 | €2,550 | = | 0.0% |
| Other amounts payable | 47/48 | €22,737 | €14,013 | -€8,724 | -38.4% |
| Accrued charges and deferred income | 492/3 | €218 | €860 | +€642 | +293.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,568 | €4,227 | +€2,659 | +169.6% |
| Other operating charges | 640/8 | €918 | €865 | -€52 | -5.7% |
| Gross operating margin | 9900 | €10,752 | €28,567 | +€17,815 | +165.7% |
| Operating profit (loss) | 9901 | €8,267 | €23,474 | +€15,208 | +184.0% |
| Financial income | 75/76B | €165 | €0 | -€165 | -100.0% |
| Recurring financial income | 75 | €165 | €0 | -€165 | -100.0% |
| Financial charges | 65/66B | €306 | €10,160 | +€9,854 | +3216.2% |
| Recurring financial charges | 65 | €306 | €10,160 | +€9,854 | +3216.2% |
| Profit (loss) for the period before taxes | 9903 | €8,126 | €13,314 | +€5,188 | +63.9% |
| Income taxes | 67/77 | €2,184 | €5,546 | +€3,362 | +153.9% |
| Profit (loss) for the period | 9904 | €5,942 | €7,768 | +€1,827 | +30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,942 | €7,768 | +€1,827 | +30.7% |
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 7 October 2026 via checked.be.