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ROVAN: 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.

What changed

ROVAN

BE 0441.670.395
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,560
2024 · -€3,862+€7,422
Equity
-€135,617
2024 · -€139,177+€3,560
Cash
€0
2024 · €23-€23
Balance sheet total
€511,083
2024 · €528,532-€17,449

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€18,042

    down €18,042 (-3.4%), from €527,904 to €509,862

    of which Land and buildings: -€17,600

Equity and liabilities
  • Debts after one year -€20,028

    down €20,028 (-3.0%), from €663,700 to €643,673

Income statement
  • Gross operating margin +€5,183

    up €5,183 (+28.4%), from €18,253 to €23,436

  • Other operating charges -€2,273

    down €2,273 (-57.5%), from €3,957 to €1,684

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€3,862
Gross operating margin +€5,183
Depreciation -€27
Other operating charges +€2,273
Financial income +€0
Financial charges -€8
Result 2025 €3,560

Cash bridge derived

cash 2024 to 2025

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.

From operations +€20,004
Investment €0
Financing -€20,028
Cash 2024 €23
Net result for the year +€3,560
Depreciation +€18,042
Receivables within one year -€919
Deferred charges and accrued income +€304
Trade debts -€1,054
Accrued charges and deferred income +€72
Debts after one year -€20,028
Cash 2025 €0
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €528,532 €511,083 -€17,449 -3.3%
Fixed assets 21/28 €527,904 €509,862 -€18,042 -3.4%
Tangible fixed assets 22/27 €527,904 €509,862 -€18,042 -3.4%
Land and buildings 22 €526,705 €509,104 -€17,600 -3.3%
Other tangible fixed assets 26 €1,199 €758 -€441 -36.8%
Current assets 29/58 €628 €1,221 +€592 +94.3%
Amounts receivable within one year 40/41 - €919 +€919
Trade receivables 40 - €919 +€919
Cash at bank and in hand 54/58 €23 €0 -€23 -98.9%
Deferred charges and accrued income 490/1 €605 €301 -€304 -50.3%
Total equity and liabilities 10/49 €528,532 €511,083 -€17,449 -3.3%
Equity 10/15 -€139,177 -€135,617 +€3,560 +2.6%
Contributions 10/11 €6,197 €6,197 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 -€147,234 -€143,674 +€3,560 +2.4%
Amounts payable 17/49 €667,709 €646,699 -€21,010 -3.1%
Amounts payable after more than one year 17 €663,700 €643,673 -€20,028 -3.0%
Other amounts payable 178/9 €663,700 €643,673 -€20,028 -3.0%
Amounts payable within one year 42/48 €1,054 - -€1,054
Trade debts 44 €1,054 - -€1,054
Suppliers 440/4 €1,054 - -€1,054
Accrued charges and deferred income 492/3 €2,955 €3,027 +€72 +2.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,015 €18,042 +€27 +0.1%
Other operating charges 640/8 €3,957 €1,684 -€2,273 -57.5%
Gross operating margin 9900 €18,253 €23,436 +€5,183 +28.4%
Operating profit (loss) 9901 -€3,719 €3,711 +€7,430
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €143 €151 +€8 +5.5%
Recurring financial charges 65 €143 €151 +€8 +5.5%
Profit (loss) for the period before taxes 9903 -€3,862 €3,560 +€7,422
Profit (loss) for the period 9904 -€3,862 €3,560 +€7,422
Profit (loss) for the period to be appropriated 9905 -€3,862 €3,560 +€7,422

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.