ROVANHE: 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.
ROVANHE
Largest movements
- Cash +€140,199
up €140,199 (+86.3%), from €162,473 to €302,672
mainly Net result for the year (+€260,037) and Depreciation (+€54,358)
- Tangible fixed assets -€54,358
down €54,358 (-4.5%), from €1.2m to €1.1m
of which Land and buildings: -€52,741
- Receivables within one year +€45,365
up €45,365 (+44.7%), from €101,414 to €146,779
of which Other amounts receivable: +€25,941
- Reserves +€260,037
up €260,037 (+32.4%), from €802,378 to €1.1m
- Tax, wage and social debts -€87,929
down €87,929 (-50.2%), from €175,138 to €87,209
of which Taxes: -€88,019
- Debts after one year -€41,667
down €41,667 (-3.4%), from €1.2m to €1.2m
No income-statement line moved by more than 1% of the activity.
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 | €2,370,510 | €2,505,776 | +€135,267 | +5.7% |
| Fixed assets | 21/28 | €1,199,789 | €1,145,432 | -€54,358 | -4.5% |
| Tangible fixed assets | 22/27 | €1,199,789 | €1,145,432 | -€54,358 | -4.5% |
| Land and buildings | 22 | €1,196,340 | €1,143,600 | -€52,741 | -4.4% |
| Plant, machinery and equipment | 23 | €3,449 | €1,832 | -€1,617 | -46.9% |
| Current assets | 29/58 | €1,170,720 | €1,360,345 | +€189,624 | +16.2% |
| Amounts receivable within one year | 40/41 | €101,414 | €146,779 | +€45,365 | +44.7% |
| Trade receivables | 40 | €63,985 | €83,409 | +€19,424 | +30.4% |
| Other amounts receivable | 41 | €37,430 | €63,370 | +€25,941 | +69.3% |
| Current investments | 50/53 | €900,000 | €900,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €162,473 | €302,672 | +€140,199 | +86.3% |
| Deferred charges and accrued income | 490/1 | €6,833 | €10,894 | +€4,061 | +59.4% |
| Total equity and liabilities | 10/49 | €2,370,510 | €2,505,776 | +€135,267 | +5.7% |
| Equity | 10/15 | €859,378 | €1,119,415 | +€260,037 | +30.3% |
| Contributions | 10/11 | €57,000 | €57,000 | = | 0.0% |
| Reserves | 13 | €802,378 | €1,062,415 | +€260,037 | +32.4% |
| Distributable reserves | 133 | €802,378 | €1,062,415 | +€260,037 | +32.4% |
| Amounts payable | 17/49 | €1,511,131 | €1,386,362 | -€124,770 | -8.3% |
| Amounts payable after more than one year | 17 | €1,213,814 | €1,172,148 | -€41,667 | -3.4% |
| Financial debts | 170/4 | €1,213,814 | €1,172,148 | -€41,667 | -3.4% |
| Amounts payable within one year | 42/48 | €297,021 | €212,758 | -€84,263 | -28.4% |
| Current portion of amounts payable after more than one year | 42 | €41,667 | €41,667 | = | 0.0% |
| Trade debts | 44 | €36,408 | €24,022 | -€12,386 | -34.0% |
| Suppliers | 440/4 | €36,408 | €24,022 | -€12,386 | -34.0% |
| Taxes, remuneration and social security | 45 | €175,138 | €87,209 | -€87,929 | -50.2% |
| Taxes | 450/3 | €147,471 | €59,452 | -€88,019 | -59.7% |
| Remuneration and social security | 454/9 | €27,667 | €27,757 | +€90 | +0.3% |
| Other amounts payable | 47/48 | €43,808 | €59,860 | +€16,052 | +36.6% |
| Accrued charges and deferred income | 492/3 | €296 | €1,456 | +€1,160 | +391.6% |
| Remuneration, social security and pensions | 62 | €248,167 | €250,367 | +€2,200 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,358 | €54,358 | = | 0.0% |
| Other operating charges | 640/8 | €17,338 | €17,876 | +€538 | +3.1% |
| Gross operating margin | 9900 | €706,021 | €699,940 | -€6,081 | -0.9% |
| Operating profit (loss) | 9901 | €386,159 | €377,339 | -€8,820 | -2.3% |
| Financial income | 75/76B | €20,184 | €19,043 | -€1,141 | -5.7% |
| Recurring financial income | 75 | €20,184 | €19,043 | -€1,141 | -5.7% |
| Financial charges | 65/66B | €18,964 | €18,591 | -€373 | -2.0% |
| Recurring financial charges | 65 | €18,964 | €18,591 | -€373 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €387,379 | €377,792 | -€9,587 | -2.5% |
| Income taxes | 67/77 | €120,403 | €117,755 | -€2,648 | -2.2% |
| Profit (loss) for the period | 9904 | €266,976 | €260,037 | -€6,940 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €266,976 | €260,037 | -€6,940 | -2.6% |
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 7 October 2026 via checked.be.