ROVALIDATIE: 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.
ROVALIDATIE
Largest movements
- Current investments +€65,599
new in 2025: €65,599
- Cash -€14,210
down €14,210 (-28.1%), from €50,648 to €36,438
mainly Current investments (-€65,599) and Other debts (-€4,106)
- Deferred charges and accrued income -€6,015
down €6,015 (-71.4%), from €8,419 to €2,404
- Reserves +€49,300
up €49,300 (+97.8%), from €50,432 to €99,732
- Other debts -€4,106
down €4,106 (-76.1%), from €5,398 to €1,292
- Trade debts +€1,167
up €1,167 (+35.0%), from €3,330 to €4,497
- Gross operating margin +€14,951
up €14,951 (+30.8%), from €48,600 to €63,551
- Taxes +€2,779
up €2,779 (+26.8%), from €10,386 to €13,165
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 | €62,160 | €108,521 | +€46,361 | +74.6% |
| Fixed assets | 21/28 | €2,479 | €3,130 | +€651 | +26.3% |
| Tangible fixed assets | 22/27 | €2,479 | €3,130 | +€651 | +26.3% |
| Plant, machinery and equipment | 23 | €1,600 | €1,409 | -€190 | -11.9% |
| Furniture and vehicles | 24 | €880 | €1,721 | +€841 | +95.6% |
| Current assets | 29/58 | €59,681 | €105,391 | +€45,710 | +76.6% |
| Amounts receivable within one year | 40/41 | €614 | €951 | +€337 | +54.9% |
| Trade receivables | 40 | - | €100 | +€100 | |
| Other amounts receivable | 41 | €614 | €851 | +€237 | +38.6% |
| Current investments | 50/53 | - | €65,599 | +€65,599 | |
| Cash at bank and in hand | 54/58 | €50,648 | €36,438 | -€14,210 | -28.1% |
| Deferred charges and accrued income | 490/1 | €8,419 | €2,404 | -€6,015 | -71.4% |
| Total equity and liabilities | 10/49 | €62,160 | €108,521 | +€46,361 | +74.6% |
| Equity | 10/15 | €53,432 | €102,732 | +€49,300 | +92.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €50,432 | €99,732 | +€49,300 | +97.8% |
| Distributable reserves | 133 | €50,432 | €99,732 | +€49,300 | +97.8% |
| Amounts payable | 17/49 | €8,728 | €5,789 | -€2,939 | -33.7% |
| Amounts payable within one year | 42/48 | €8,728 | €5,789 | -€2,939 | -33.7% |
| Trade debts | 44 | €3,330 | €4,497 | +€1,167 | +35.0% |
| Suppliers | 440/4 | €3,330 | €4,497 | +€1,167 | +35.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €5,398 | €1,292 | -€4,106 | -76.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €437 | €688 | +€251 | +57.3% |
| Other operating charges | 640/8 | €182 | €585 | +€404 | +222.0% |
| Gross operating margin | 9900 | €48,600 | €63,551 | +€14,951 | +30.8% |
| Operating profit (loss) | 9901 | €47,981 | €62,278 | +€14,297 | +29.8% |
| Financial income | 75/76B | €181 | €188 | +€7 | +3.7% |
| Recurring financial income | 75 | €181 | €188 | +€7 | +3.7% |
| Financial charges | 65/66B | €0 | - | = | |
| Recurring financial charges | 65 | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €48,162 | €62,465 | +€14,303 | +29.7% |
| Income taxes | 67/77 | €10,386 | €13,165 | +€2,779 | +26.8% |
| Profit (loss) for the period | 9904 | €37,776 | €49,300 | +€11,524 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,776 | €49,300 | +€11,524 | +30.5% |
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 9 October 2026 via checked.be.