ROVAST B.V.: 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.
ROVAST B.V.
Largest movements
- Financial fixed assets -€5.0m
down €5.0m (-5.3%), from €94.4m to €89.4m
- Cash +€3.5m
up €3.5m (+2,558%), from €137,370 to €3.7m
mainly Investment in fixed assets (net) (+€3.4m) and Depreciation (+€874,566)
- Profit (loss) carried forward -€1.5m
down €1.5m (-15.1%), from €10.3m to €8.7m
- Depreciation +€258,836
up €258,836 (+42.0%), from €615,730 to €874,566
- Financial charges -€46,392
down €46,392 (-14.7%), from €315,691 to €269,299
- Gross operating margin -€36,238
down €36,238 (-32.4%), from -€111,942 to -€148,180
- Financial income +€18,007
up €18,007 (+5,415%), from €333 to €18,339
of which Financial income: +€18,007
- Staff costs +€9,545
up €9,545 (+3.9%), from €242,987 to €252,533
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 | €108,870,011 | €107,406,693 | -€1.5m | -1.3% |
| Fixed assets | 21/28 | €107,436,902 | €103,150,514 | -€4.3m | -4.0% |
| Tangible fixed assets | 22/27 | €13,014,472 | €13,728,204 | +€713,732 | +5.5% |
| Land and buildings | 22 | €2,768,836 | €4,321,891 | +€1.6m | +56.1% |
| Furniture and vehicles | 24 | €10,245,636 | €9,406,312 | -€839,323 | -8.2% |
| Financial fixed assets | 28 | €94,422,431 | €89,422,310 | -€5.0m | -5.3% |
| Current assets | 29/58 | €1,433,108 | €4,256,179 | +€2.8m | +197% |
| Stocks and contracts in progress | 3 | €167,384 | €149,827 | -€17,557 | -10.5% |
| Stocks | 30/36 | €167,384 | €149,827 | -€17,557 | -10.5% |
| Amounts receivable within one year | 40/41 | €1,033,446 | €401,751 | -€631,695 | -61.1% |
| Trade receivables | 40 | €881,407 | €401,751 | -€479,656 | -54.4% |
| Other amounts receivable | 41 | €152,039 | €0 | -€152,039 | -100% |
| Cash at bank and in hand | 54/58 | €137,370 | €3,650,999 | +€3.5m | +2,558% |
| Deferred charges and accrued income | 490/1 | €94,908 | €53,602 | -€41,306 | -43.5% |
| Total equity and liabilities | 10/49 | €108,870,011 | €107,406,693 | -€1.5m | -1.3% |
| Equity | 10/15 | €101,628,642 | €100,081,496 | -€1.5m | -1.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €91,338,542 | €91,338,542 | = | 0.0% |
| Distributable reserves | 133 | €91,338,542 | €91,338,542 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,271,549 | €8,724,404 | -€1.5m | -15.1% |
| Amounts payable | 17/49 | €7,241,369 | €7,325,196 | +€83,828 | +1.2% |
| Amounts payable after more than one year | 17 | €2,725,000 | €2,725,000 | = | 0.0% |
| Financial debts | 170/4 | €2,725,000 | €2,725,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,511,117 | €4,591,804 | +€80,687 | +1.8% |
| Trade debts | 44 | €60,589 | €304,796 | +€244,207 | +403% |
| Suppliers | 440/4 | €60,589 | €304,796 | +€244,207 | +403% |
| Taxes, remuneration and social security | 45 | €12,183 | €88,036 | +€75,853 | +623% |
| Taxes | 450/3 | €4,435 | €80,493 | +€76,058 | +1,715% |
| Remuneration and social security | 454/9 | €7,748 | €7,543 | -€205 | -2.6% |
| Other amounts payable | 47/48 | €4,438,345 | €4,198,972 | -€239,374 | -5.4% |
| Accrued charges and deferred income | 492/3 | €5,252 | €8,393 | +€3,141 | +59.8% |
| Remuneration, social security and pensions | 62 | €242,987 | €252,533 | +€9,545 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €615,730 | €874,566 | +€258,836 | +42.0% |
| Other operating charges | 640/8 | €27,348 | €20,800 | -€6,548 | -23.9% |
| Gross operating margin | 9900 | -€111,942 | -€148,180 | -€36,238 | -32.4% |
| Operating profit (loss) | 9901 | -€998,007 | -€1,296,078 | -€298,071 | -29.9% |
| Financial income | 75/76B | €333 | €18,339 | +€18,007 | +5,415% |
| Recurring financial income | 75 | €333 | €18,339 | +€18,007 | +5,415% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €315,691 | €269,299 | -€46,392 | -14.7% |
| Recurring financial charges | 65 | €315,691 | €269,299 | -€46,392 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,313,365 | -€1,547,037 | -€233,672 | -17.8% |
| Income taxes | 67/77 | - | €108 | +€108 | |
| Profit (loss) for the period | 9904 | -€1,313,365 | -€1,547,146 | -€233,780 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,313,365 | -€1,547,146 | -€233,780 | -17.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.