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ROVEBA: 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

ROVEBA

BE 0438.209.772
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€16,566
2024 · -€16,184-€382
Equity
€679,617
2024 · €696,184-€16,566
Cash
€396,960
2024 · €389,073+€7,888
Balance sheet total
€688,205
2024 · €701,163-€12,958

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€16,650

    down €16,650 (-6.8%), from €245,377 to €228,727

    of which Trade receivables: -€10,000

  • Cash +€7,888

    up €7,888 (+2.0%), from €389,073 to €396,960

    mainly Receivables within one year (+€16,650) and Depreciation (+€4,401)

Equity and liabilities
  • Profit (loss) carried forward -€16,566

    down €16,566 (-25.2%), from -€65,658 to -€82,224

Income statement
  • Other operating charges +€1,290

    up €1,290 (+91.2%), from €1,415 to €2,705

  • Gross operating margin +€978

    up €978 (+9.8%), from -€10,005 to -€9,026

From the 2024 result to the 2025 result

effect on the 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 -€16,184
Gross operating margin +€978
Other operating charges -€1,290
Financial income -€46
Financial charges -€25
Result 2025 -€16,566

Cash bridge derived

cash 2024 to 2025

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 +€7,888
Investment €0
Financing €0
Cash 2024 €389,073
Net result for the year -€16,566
Depreciation +€4,401
Receivables within one year +€16,650
Deferred charges and accrued income -€205
Trade debts +€3,608
Cash 2025 €396,960
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €701,163 €688,205 -€12,958 -1.8%
Fixed assets 21/28 €63,982 €59,581 -€4,401 -6.9%
Tangible fixed assets 22/27 €63,982 €59,581 -€4,401 -6.9%
Land and buildings 22 €63,982 €59,581 -€4,401 -6.9%
Current assets 29/58 €637,181 €628,624 -€8,557 -1.3%
Amounts receivable within one year 40/41 €245,377 €228,727 -€16,650 -6.8%
Trade receivables 40 €200,000 €190,000 -€10,000 -5.0%
Other amounts receivable 41 €45,377 €38,727 -€6,650 -14.7%
Cash at bank and in hand 54/58 €389,073 €396,960 +€7,888 +2.0%
Deferred charges and accrued income 490/1 €2,731 €2,937 +€205 +7.5%
Total equity and liabilities 10/49 €701,163 €688,205 -€12,958 -1.8%
Equity 10/15 €696,184 €679,617 -€16,566 -2.4%
Contributions 10/11 €30,000 €30,000 = 0.0%
Reserves 13 €731,841 €731,841 = 0.0%
Non-distributable reserves 130/1 €3,000 €3,000 = 0.0%
Reserves not available under the articles 1311 €3,000 €3,000 = 0.0%
Distributable reserves 133 €728,841 €728,841 = 0.0%
Profit (loss) carried forward 14 -€65,658 -€82,224 -€16,566 -25.2%
Amounts payable 17/49 €4,979 €8,587 +€3,608 +72.5%
Amounts payable within one year 42/48 €4,979 €8,587 +€3,608 +72.5%
Trade debts 44 €3,752 €7,360 +€3,608 +96.2%
Suppliers 440/4 €3,752 €7,360 +€3,608 +96.2%
Other amounts payable 47/48 €1,227 €1,227 = 0.0%
Non-recurring operating income 76A €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,401 €4,401 = 0.0%
Other operating charges 640/8 €1,415 €2,705 +€1,290 +91.2%
Gross operating margin 9900 -€10,005 -€9,026 +€978 +9.8%
Operating profit (loss) 9901 -€15,821 -€16,132 -€311 -2.0%
Financial income 75/76B €46 €0 -€46 -100.0%
Recurring financial income 75 €46 €0 -€46 -100.0%
Financial charges 65/66B €409 €434 +€25 +6.2%
Recurring financial charges 65 €409 €434 +€25 +6.2%
Profit (loss) for the period before taxes 9903 -€16,184 -€16,566 -€382 -2.4%
Profit (loss) for the period 9904 -€16,184 -€16,566 -€382 -2.4%
Profit (loss) for the period to be appropriated 9905 -€16,184 -€16,566 -€382 -2.4%

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 29 September 2026 via checked.be.