Rovan-Immo 2: 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.
Rovan-Immo 2
Largest movements
- Current investments +€1.8m
new in 2024: €1.8m
- Cash +€156,097
up €156,097 (+218.6%), from €71,413 to €227,509
mainly Net result for the year (+€1.4m) and Provisions (+€472,605)
- Tangible fixed assets -€104,945
down €104,945 (-17.9%), from €584,699 to €479,755
of which Land and buildings: -€88,868
- Reserves +€1.4m
up €1.4m (+594.3%), from €238,407 to €1.7m
of which Tax-exempt reserves: +€1.4m
- Provisions +€472,605
up €472,605 (+927.5%), from €50,953 to €523,558
- Debts after one year -€27,766
down €27,766 (-15.9%), from €174,562 to €146,796
of which Financial debts: -€27,766
- Gross operating margin +€1.9m
up €1.9m (+1848.7%), from €101,332 to €2.0m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €680,812 | €2,527,665 | +€1.8m | +271.3% |
| Fixed assets | 21/28 | €584,699 | €479,755 | -€104,945 | -17.9% |
| Tangible fixed assets | 22/27 | €584,699 | €479,755 | -€104,945 | -17.9% |
| Land and buildings | 22 | €524,918 | €436,050 | -€88,868 | -16.9% |
| Plant, machinery and equipment | 23 | €2,682 | €2,539 | -€143 | -5.3% |
| Furniture and vehicles | 24 | €57,099 | €41,166 | -€15,934 | -27.9% |
| Current assets | 29/58 | €96,112 | €2,047,910 | +€2.0m | +2030.8% |
| Amounts receivable within one year | 40/41 | €22,124 | €20,400 | -€1,723 | -7.8% |
| Trade receivables | 40 | €15,125 | €15,125 | = | 0.0% |
| Other amounts receivable | 41 | €6,999 | €5,275 | -€1,723 | -24.6% |
| Current investments | 50/53 | - | €1,800,000 | +€1.8m | |
| Cash at bank and in hand | 54/58 | €71,413 | €227,509 | +€156,097 | +218.6% |
| Deferred charges and accrued income | 490/1 | €2,576 | €0 | -€2,576 | -100.0% |
| Total equity and liabilities | 10/49 | €680,812 | €2,527,665 | +€1.8m | +271.3% |
| Equity | 10/15 | €323,305 | €1,740,153 | +€1.4m | +438.2% |
| Contributions | 10/11 | €84,897 | €84,897 | = | 0.0% |
| Reserves | 13 | €238,407 | €1,655,256 | +€1.4m | +594.3% |
| Tax-exempt reserves | 132 | €152,858 | €1,570,674 | +€1.4m | +927.5% |
| Distributable reserves | 133 | €85,549 | €84,582 | -€967 | -1.1% |
| Provisions and deferred taxes | 16 | €50,953 | €523,558 | +€472,605 | +927.5% |
| Deferred taxes | 168 | €50,953 | €523,558 | +€472,605 | +927.5% |
| Amounts payable | 17/49 | €306,554 | €263,953 | -€42,601 | -13.9% |
| Amounts payable after more than one year | 17 | €174,562 | €146,796 | -€27,766 | -15.9% |
| Financial debts | 170/4 | €173,015 | €145,248 | -€27,766 | -16.0% |
| Other amounts payable | 178/9 | €1,547 | €1,547 | = | 0.0% |
| Amounts payable within one year | 42/48 | €131,993 | €117,158 | -€14,835 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €27,752 | €27,766 | +€14 | 0.0% |
| Trade debts | 44 | €7,978 | €5,287 | -€2,691 | -33.7% |
| Suppliers | 440/4 | €7,978 | €5,287 | -€2,691 | -33.7% |
| Taxes, remuneration and social security | 45 | €21,361 | €23,742 | +€2,381 | +11.1% |
| Taxes | 450/3 | €21,361 | €23,742 | +€2,381 | +11.1% |
| Other amounts payable | 47/48 | €74,901 | €60,362 | -€14,539 | -19.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €1,910,057 | +€1.9m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,158 | €50,572 | -€6,586 | -11.5% |
| Other operating charges | 640/8 | €21,198 | €19,504 | -€1,695 | -8.0% |
| Gross operating margin | 9900 | €101,332 | €1,974,631 | +€1.9m | +1848.7% |
| Operating profit (loss) | 9901 | €22,976 | €1,904,556 | +€1.9m | +8189.3% |
| Financial income | 75/76B | €30 | €1,253 | +€1,223 | +4010.2% |
| Recurring financial income | 75 | €30 | €1,253 | +€1,223 | +4010.2% |
| Financial charges | 65/66B | €8,306 | €8,694 | +€387 | +4.7% |
| Recurring financial charges | 65 | €8,306 | €8,694 | +€387 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €14,700 | €1,897,115 | +€1.9m | +12805.4% |
| Transfer from deferred taxes | 780 | €6,039 | €4,909 | -€1,130 | -18.7% |
| Transfer to deferred taxes | 680 | - | €477,514 | +€477,514 | |
| Income taxes | 67/77 | €11,356 | €7,661 | -€3,695 | -32.5% |
| Profit (loss) for the period | 9904 | €9,382 | €1,416,849 | +€1.4m | +15001.0% |
| Transfer from tax-exempt reserves | 789 | €18,116 | €14,727 | -€3,389 | -18.7% |
| Transfer to tax-exempt reserves | 689 | - | €1,432,543 | +€1.4m | |
| Profit (loss) for the period to be appropriated | 9905 | €27,498 | -€967 | -€28,465 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.