ROVANCO: 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
ROVANCO
NACE 47.512, Retail sale of household textiles and bedding
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,293
2024 · €33,994-€30,702
Equity
€1.2m
2024 · €1.2m+€3,293
Cash
€94,527
2024 · €93,210+€1,318
Balance sheet total
€2.0m
2024 · €2.1m-€18,469
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€29,500
down €29,500 (-22.1%), from €133,292 to €103,792
- Profit (loss) carried forward +€22,426
up €22,426, from -€22,426 to €0
Income statement
- Gross operating margin -€30,454
down €30,454 (-30.5%), from €99,904 to €69,450
- Taxes -€10,301
down €10,301 (-73.8%), from €13,950 to €3,649
- Other operating charges +€9,339
up €9,339 (+38.5%), from €24,270 to €33,609
- Financial charges +€1,820
up €1,820 (+22.5%), from €8,105 to €9,925
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.
Result 2024
€33,994
Gross operating margin
-€30,454
Depreciation
+€758
Other operating charges
-€9,339
Other operating items
-€218
Financial income
+€71
Financial charges
-€1,820
Taxes
+€10,301
Result 2025
€3,293
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.
From operations
+€38,640
Investment
-€8,329
Financing
-€28,994
Cash 2024
€93,210
From operations (derived)
+€38,640
Net result for the year
+€3,293
Depreciation
+€21,677
Receivables within one year
+€9,309
Deferred charges and accrued income
-€2,870
Provisions
-€2,531
Trade debts
+€19,403
Tax, wage and social debts
-€262
Other debts
-€4,904
Accrued charges and deferred income
-€4,473
Investment (derived)
-€8,329
Investment in fixed assets (net)
-€8,329
Financing
-€28,994
Debts after one year
-€29,500
Current portion of long-term debt
+€506
Cash 2025
€94,527
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,050,757 | €2,032,288 | -€18,469 | -0.9% |
| Fixed assets | 21/28 | €1,800,406 | €1,787,058 | -€13,348 | -0.7% |
| Tangible fixed assets | 22/27 | €1,795,262 | €1,781,914 | -€13,348 | -0.7% |
| Land and buildings | 22 | €1,771,814 | €1,759,364 | -€12,451 | -0.7% |
| Plant, machinery and equipment | 23 | €21,499 | €22,550 | +€1,051 | +4.9% |
| Furniture and vehicles | 24 | €1,948 | €0 | -€1,948 | -100.0% |
| Financial fixed assets | 28 | €5,145 | €5,145 | = | 0.0% |
| Current assets | 29/58 | €250,351 | €245,229 | -€5,121 | -2.0% |
| Amounts receivable within one year | 40/41 | €50,915 | €41,606 | -€9,309 | -18.3% |
| Trade receivables | 40 | €3,369 | €1,271 | -€2,099 | -62.3% |
| Other amounts receivable | 41 | €47,545 | €40,335 | -€7,210 | -15.2% |
| Cash at bank and in hand | 54/58 | €93,210 | €94,527 | +€1,318 | +1.4% |
| Deferred charges and accrued income | 490/1 | €106,226 | €109,097 | +€2,870 | +2.7% |
| Total equity and liabilities | 10/49 | €2,050,757 | €2,032,288 | -€18,469 | -0.9% |
| Equity | 10/15 | €1,236,846 | €1,240,138 | +€3,293 | +0.3% |
| Contributions | 10/11 | €247,211 | €247,211 | = | 0.0% |
| Revaluation surpluses | 12 | €623,886 | €623,886 | = | 0.0% |
| Reserves | 13 | €388,174 | €369,041 | -€19,133 | -4.9% |
| Tax-exempt reserves | 132 | €213,822 | €208,906 | -€4,916 | -2.3% |
| Distributable reserves | 133 | €174,352 | €160,134 | -€14,217 | -8.2% |
| Profit (loss) carried forward | 14 | -€22,426 | €0 | +€22,426 | |
| Provisions and deferred taxes | 16 | €88,423 | €85,892 | -€2,531 | -2.9% |
| Deferred taxes | 168 | €88,423 | €85,892 | -€2,531 | -2.9% |
| Amounts payable | 17/49 | €725,488 | €706,257 | -€19,230 | -2.7% |
| Amounts payable after more than one year | 17 | €133,292 | €103,792 | -€29,500 | -22.1% |
| Financial debts | 170/4 | €133,292 | €103,792 | -€29,500 | -22.1% |
| Amounts payable within one year | 42/48 | €586,972 | €601,715 | +€14,743 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €29,500 | €30,006 | +€506 | +1.7% |
| Trade debts | 44 | €100,933 | €120,336 | +€19,403 | +19.2% |
| Suppliers | 440/4 | €100,933 | €120,336 | +€19,403 | +19.2% |
| Taxes, remuneration and social security | 45 | €12,007 | €11,745 | -€262 | -2.2% |
| Taxes | 450/3 | €12,007 | €11,745 | -€262 | -2.2% |
| Other amounts payable | 47/48 | €444,532 | €439,628 | -€4,904 | -1.1% |
| Accrued charges and deferred income | 492/3 | €5,223 | €750 | -€4,473 | -85.6% |
| Non-recurring operating income | 76A | - | €746 | +€746 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,434 | €21,677 | -€758 | -3.4% |
| Other operating charges | 640/8 | €24,270 | €33,609 | +€9,339 | +38.5% |
| Non-recurring operating charges | 66A | €0 | €218 | +€218 | |
| Gross operating margin | 9900 | €99,904 | €69,450 | -€30,454 | -30.5% |
| Operating profit (loss) | 9901 | €53,200 | €13,946 | -€39,254 | -73.8% |
| Financial income | 75/76B | €318 | €389 | +€71 | +22.4% |
| Recurring financial income | 75 | €318 | €389 | +€71 | +22.4% |
| Financial charges | 65/66B | €8,105 | €9,925 | +€1,820 | +22.5% |
| Recurring financial charges | 65 | €8,105 | €9,925 | +€1,820 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €45,413 | €4,410 | -€41,003 | -90.3% |
| Transfer from deferred taxes | 780 | €2,531 | €2,531 | = | 0.0% |
| Income taxes | 67/77 | €13,950 | €3,649 | -€10,301 | -73.8% |
| Profit (loss) for the period | 9904 | €33,994 | €3,293 | -€30,702 | -90.3% |
| Transfer from tax-exempt reserves | 789 | €4,916 | €4,916 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €42,100 | €0 | -€42,100 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,190 | €8,208 | +€11,398 |
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 30 September 2026 via checked.be.