Rove Engineering: 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 Engineering
Largest movements
- Cash -€17,578
down €17,578 (-21.0%), from €83,649 to €66,071
mainly Contributions, distributions and other (-€214,389) and Debts after one year (-€38,519)
- Tangible fixed assets -€17,393
down €17,393 (-7.5%), from €232,642 to €215,248
of which Leasing and similar rights: -€19,500
- Reserves -€184,331
no longer reported in 2025 (was €184,331)
- Other debts +€180,815
up €180,815 (+1719.9%), from €10,513 to €191,328
- Debts after one year -€38,519
down €38,519 (-44.8%), from €85,982 to €47,463
- Trade debts +€6,670
up €6,670 (+206.6%), from €3,229 to €9,899
- Depreciation +€4,747
up €4,747 (+12.3%), from €38,723 to €43,470
- Taxes +€1,325
up €1,325 (+12.3%), from €10,730 to €12,055
- Gross operating margin -€1,240
down €1,240 (-1.4%), from €90,418 to €89,178
- Financial charges -€1,039
down €1,039 (-24.5%), from €4,237 to €3,199
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 | €347,534 | €311,808 | -€35,726 | -10.3% |
| Fixed assets | 21/28 | €232,642 | €215,248 | -€17,393 | -7.5% |
| Tangible fixed assets | 22/27 | €232,642 | €215,248 | -€17,393 | -7.5% |
| Plant, machinery and equipment | 23 | €40,135 | €32,008 | -€8,126 | -20.2% |
| Furniture and vehicles | 24 | €16,101 | €29,500 | +€13,399 | +83.2% |
| Leasing and similar rights | 25 | €155,786 | €136,286 | -€19,500 | -12.5% |
| Other tangible fixed assets | 26 | €20,620 | €17,454 | -€3,166 | -15.4% |
| Current assets | 29/58 | €114,892 | €96,560 | -€18,333 | -16.0% |
| Amounts receivable within one year | 40/41 | €28,432 | €27,509 | -€924 | -3.2% |
| Trade receivables | 40 | €25,378 | €27,259 | +€1,880 | +7.4% |
| Other amounts receivable | 41 | €3,054 | €250 | -€2,804 | -91.8% |
| Cash at bank and in hand | 54/58 | €83,649 | €66,071 | -€17,578 | -21.0% |
| Deferred charges and accrued income | 490/1 | €2,811 | €2,980 | +€169 | +6.0% |
| Total equity and liabilities | 10/49 | €347,534 | €311,808 | -€35,726 | -10.3% |
| Equity | 10/15 | €186,331 | €2,000 | -€184,331 | -98.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €184,331 | - | -€184,331 | |
| Distributable reserves | 133 | €184,331 | - | -€184,331 | |
| Amounts payable | 17/49 | €161,203 | €309,808 | +€148,605 | +92.2% |
| Amounts payable after more than one year | 17 | €85,982 | €47,463 | -€38,519 | -44.8% |
| Financial debts | 170/4 | €85,982 | €47,463 | -€38,519 | -44.8% |
| Amounts payable within one year | 42/48 | €75,182 | €262,345 | +€187,163 | +248.9% |
| Current portion of amounts payable after more than one year | 42 | €37,408 | €38,519 | +€1,111 | +3.0% |
| Trade debts | 44 | €3,229 | €9,899 | +€6,670 | +206.6% |
| Suppliers | 440/4 | €3,229 | €9,899 | +€6,670 | +206.6% |
| Taxes, remuneration and social security | 45 | €24,033 | €22,600 | -€1,433 | -6.0% |
| Taxes | 450/3 | €24,033 | €22,600 | -€1,433 | -6.0% |
| Other amounts payable | 47/48 | €10,513 | €191,328 | +€180,815 | +1719.9% |
| Accrued charges and deferred income | 492/3 | €39 | - | -€39 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,723 | €43,470 | +€4,747 | +12.3% |
| Other operating charges | 640/8 | €387 | €406 | +€18 | +4.7% |
| Gross operating margin | 9900 | €90,418 | €89,178 | -€1,240 | -1.4% |
| Operating profit (loss) | 9901 | €51,307 | €45,302 | -€6,005 | -11.7% |
| Financial income | 75/76B | €37 | €10 | -€28 | -74.2% |
| Recurring financial income | 75 | €37 | €10 | -€28 | -74.2% |
| Financial charges | 65/66B | €4,237 | €3,199 | -€1,039 | -24.5% |
| Recurring financial charges | 65 | €4,237 | €3,199 | -€1,039 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €47,107 | €42,113 | -€4,994 | -10.6% |
| Income taxes | 67/77 | €10,730 | €12,055 | +€1,325 | +12.3% |
| Profit (loss) for the period | 9904 | €36,377 | €30,058 | -€6,319 | -17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,377 | €30,058 | -€6,319 | -17.4% |
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.