ROVE: 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.
ROVE
Largest movements
- Tangible fixed assets -€9,107
down €9,107 (-18.0%), from €50,543 to €41,436
- Cash +€7,235
up €7,235 (+303.3%), from €2,385 to €9,620
mainly Other debts (+€16,546) and Depreciation (+€9,107)
- Receivables within one year +€1,829
up €1,829 (+161.5%), from €1,132 to €2,961
of which Trade receivables: +€1,602
- Stocks and contracts +€1,174
up €1,174 (+45.4%), from €2,588 to €3,762
- Other debts +€16,546
up €16,546 (+159.3%), from €10,386 to €26,932
- Trade debts -€14,691
down €14,691 (-55.9%), from €26,260 to €11,569
- Debts after one year -€8,879
down €8,879 (-31.2%), from €28,450 to €19,572
- Profit (loss) carried forward +€6,222
up €6,222 (+30.9%), from -€20,147 to -€13,925
- Tax, wage and social debts +€1,958
up €1,958 (+114.5%), from €1,711 to €3,668
of which Taxes: +€1,870
- Gross operating margin +€7,181
up €7,181 (+67.7%), from €10,604 to €17,786
- Depreciation +€3,595
up €3,595 (+65.2%), from €5,512 to €9,107
- Other operating charges -€530
down €530 (-29.1%), from €1,824 to €1,294
- Staff costs -€220
down €220 (-100.0%), from €220 to €0
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 | €58,606 | €59,740 | +€1,134 | +1.9% |
| Fixed assets | 21/28 | €51,413 | €42,306 | -€9,107 | -17.7% |
| Tangible fixed assets | 22/27 | €50,543 | €41,436 | -€9,107 | -18.0% |
| Land and buildings | 22 | €14,324 | €11,970 | -€2,355 | -16.4% |
| Plant, machinery and equipment | 23 | €15,411 | €12,962 | -€2,449 | -15.9% |
| Furniture and vehicles | 24 | €20,808 | €16,505 | -€4,303 | -20.7% |
| Financial fixed assets | 28 | €870 | €870 | = | 0.0% |
| Current assets | 29/58 | €7,193 | €17,434 | +€10,241 | +142.4% |
| Stocks and contracts in progress | 3 | €2,588 | €3,762 | +€1,174 | +45.4% |
| Stocks | 30/36 | €2,588 | €3,762 | +€1,174 | +45.4% |
| Amounts receivable within one year | 40/41 | €1,132 | €2,961 | +€1,829 | +161.5% |
| Trade receivables | 40 | €724 | €2,326 | +€1,602 | +221.2% |
| Other amounts receivable | 41 | €408 | €635 | +€227 | +55.6% |
| Cash at bank and in hand | 54/58 | €2,385 | €9,620 | +€7,235 | +303.3% |
| Deferred charges and accrued income | 490/1 | €1,087 | €1,091 | +€4 | +0.4% |
| Total equity and liabilities | 10/49 | €58,606 | €59,740 | +€1,134 | +1.9% |
| Equity | 10/15 | -€17,147 | -€10,925 | +€6,222 | +36.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,147 | -€13,925 | +€6,222 | +30.9% |
| Amounts payable | 17/49 | €75,753 | €70,665 | -€5,088 | -6.7% |
| Amounts payable after more than one year | 17 | €28,450 | €19,572 | -€8,879 | -31.2% |
| Financial debts | 170/4 | €28,450 | €19,572 | -€8,879 | -31.2% |
| Amounts payable within one year | 42/48 | €46,983 | €51,048 | +€4,066 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €8,626 | €8,879 | +€253 | +2.9% |
| Trade debts | 44 | €26,260 | €11,569 | -€14,691 | -55.9% |
| Suppliers | 440/4 | €26,260 | €11,569 | -€14,691 | -55.9% |
| Taxes, remuneration and social security | 45 | €1,711 | €3,668 | +€1,958 | +114.5% |
| Taxes | 450/3 | €213 | €2,083 | +€1,870 | +879.2% |
| Remuneration and social security | 454/9 | €1,498 | €1,586 | +€88 | +5.9% |
| Other amounts payable | 47/48 | €10,386 | €26,932 | +€16,546 | +159.3% |
| Accrued charges and deferred income | 492/3 | €320 | €45 | -€275 | -85.9% |
| Remuneration, social security and pensions | 62 | €220 | €0 | -€220 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,512 | €9,107 | +€3,595 | +65.2% |
| Other operating charges | 640/8 | €1,824 | €1,294 | -€530 | -29.1% |
| Gross operating margin | 9900 | €10,604 | €17,786 | +€7,181 | +67.7% |
| Operating profit (loss) | 9901 | €3,048 | €7,385 | +€4,336 | +142.2% |
| Financial income | 75/76B | €1 | €40 | +€40 | +6107.7% |
| Recurring financial income | 75 | €1 | €40 | +€40 | +6107.7% |
| Financial charges | 65/66B | €1,225 | €1,203 | -€22 | -1.8% |
| Recurring financial charges | 65 | €1,225 | €1,203 | -€22 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €1,824 | €6,222 | +€4,398 | +241.1% |
| Profit (loss) for the period | 9904 | €1,824 | €6,222 | +€4,398 | +241.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,824 | €6,222 | +€4,398 | +241.1% |
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 9 October 2026 via checked.be.