ROVAN MEDICAL: 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.
ROVAN MEDICAL
Largest movements
- Current investments +€100,000
up €100,000 (+640%), from €15,635 to €115,635
- Cash -€44,717
down €44,717 (-47.1%), from €95,011 to €50,294
mainly Contributions, distributions and other (-€125,150) and Current investments (-€100,000)
- Receivables within one year -€27,298
down €27,298 (-83.2%), from €32,819 to €5,521
of which Other amounts receivable: -€29,575
- Tangible fixed assets -€12,551
down €12,551 (-2.7%), from €460,940 to €448,389
of which Furniture and vehicles: -€13,994
- Debts after one year -€41,814
down €41,814 (-33.7%), from €124,246 to €82,432
- Tax, wage and social debts +€25,954
up €25,954 (+537%), from €4,832 to €30,786
- Reserves +€17,330
up €17,330 (+2.6%), from €670,310 to €687,640
- Other debts +€13,485
up €13,485 (+17.9%), from €75,534 to €89,019
- Financial charges -€100,297
down €100,297 (-91.1%), from €110,096 to €9,799
- Gross operating margin +€48,811
up €48,811 (+25.1%), from €194,416 to €243,227
- Taxes +€45,757
up €45,757 (+273%), from €16,751 to €62,508
- Other operating charges -€2,759
down €2,759 (-62.1%), from €4,446 to €1,687
- Depreciation +€2,657
up €2,657 (+8.9%), from €29,765 to €32,422
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 | €952,464 | €972,007 | +€19,543 | +2.1% |
| Fixed assets | 21/28 | €721,964 | €709,412 | -€12,551 | -1.7% |
| Tangible fixed assets | 22/27 | €460,940 | €448,389 | -€12,551 | -2.7% |
| Land and buildings | 22 | €401,485 | €388,173 | -€13,311 | -3.3% |
| Furniture and vehicles | 24 | €57,196 | €43,202 | -€13,994 | -24.5% |
| Other tangible fixed assets | 26 | €2,259 | €17,013 | +€14,754 | +653% |
| Financial fixed assets | 28 | €261,023 | €261,023 | = | 0.0% |
| Current assets | 29/58 | €230,501 | €262,595 | +€32,095 | +13.9% |
| Amounts receivable within one year | 40/41 | €32,819 | €5,521 | -€27,298 | -83.2% |
| Trade receivables | 40 | €3,244 | €5,521 | +€2,277 | +70.2% |
| Other amounts receivable | 41 | €29,575 | - | -€29,575 | |
| Current investments | 50/53 | €15,635 | €115,635 | +€100,000 | +640% |
| Cash at bank and in hand | 54/58 | €95,011 | €50,294 | -€44,717 | -47.1% |
| Deferred charges and accrued income | 490/1 | €87,036 | €91,146 | +€4,110 | +4.7% |
| Total equity and liabilities | 10/49 | €952,464 | €972,007 | +€19,543 | +2.1% |
| Equity | 10/15 | €705,422 | €722,755 | +€17,333 | +2.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €670,310 | €687,640 | +€17,330 | +2.6% |
| Non-distributable reserves | 130/1 | €670,310 | €687,640 | +€17,330 | +2.6% |
| Reserves not available under the articles | 1311 | €670,310 | €687,640 | +€17,330 | +2.6% |
| Profit (loss) carried forward | 14 | €28,912 | €28,915 | +€3 | 0.0% |
| Amounts payable | 17/49 | €247,043 | €249,252 | +€2,210 | +0.9% |
| Amounts payable after more than one year | 17 | €124,246 | €82,432 | -€41,814 | -33.7% |
| Financial debts | 170/4 | €124,246 | €82,432 | -€41,814 | -33.7% |
| Amounts payable within one year | 42/48 | €122,797 | €166,821 | +€44,024 | +35.9% |
| Current portion of amounts payable after more than one year | 42 | €40,174 | €41,746 | +€1,572 | +3.9% |
| Trade debts | 44 | €2,257 | €5,269 | +€3,012 | +133% |
| Suppliers | 440/4 | €2,257 | €5,269 | +€3,012 | +133% |
| Taxes, remuneration and social security | 45 | €4,832 | €30,786 | +€25,954 | +537% |
| Taxes | 450/3 | €4,832 | €30,786 | +€25,954 | +537% |
| Other amounts payable | 47/48 | €75,534 | €89,019 | +€13,485 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,765 | €32,422 | +€2,657 | +8.9% |
| Other operating charges | 640/8 | €4,446 | €1,687 | -€2,759 | -62.1% |
| Gross operating margin | 9900 | €194,416 | €243,227 | +€48,811 | +25.1% |
| Operating profit (loss) | 9901 | €160,204 | €209,118 | +€48,914 | +30.5% |
| Financial income | 75/76B | €4,896 | €5,672 | +€776 | +15.8% |
| Recurring financial income | 75 | €4,896 | €5,672 | +€776 | +15.8% |
| Financial charges | 65/66B | €110,096 | €9,799 | -€100,297 | -91.1% |
| Recurring financial charges | 65 | €110,096 | €9,799 | -€100,297 | -91.1% |
| Profit (loss) for the period before taxes | 9903 | €55,005 | €204,991 | +€149,987 | +273% |
| Income taxes | 67/77 | €16,751 | €62,508 | +€45,757 | +273% |
| Profit (loss) for the period | 9904 | €38,254 | €142,483 | +€104,229 | +272% |
| Profit (loss) for the period to be appropriated | 9905 | €38,254 | €142,483 | +€104,229 | +272% |
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 25 October 2026 via checked.be.