ROVEKO: 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.
ROVEKO
Largest movements
- Cash -€27,043
down €27,043 (-83.1%), from €32,537 to €5,494
mainly Net result for the year (-€28,597) and Receivables within one year (-€7,583)
- Tangible fixed assets -€8,842
down €8,842 (-26.5%), from €33,356 to €24,514
of which Leasing and similar rights: -€6,300
- Receivables within one year +€7,583
up €7,583 (+23.7%), from €32,025 to €39,608
of which Trade receivables: +€7,452
- Profit (loss) carried forward -€28,597
new in 2024: -€28,597
- Trade debts +€11,174
up €11,174 (+230.4%), from €4,850 to €16,024
- Tax, wage and social debts -€6,165
no longer reported in 2024 (was €6,165)
of which Remuneration and social security: -€4,000
- Debts after one year -€4,360
down €4,360 (-32.0%), from €13,632 to €9,271
- Other debts -€1,052
down €1,052 (-3.3%), from €31,731 to €30,679
- Gross operating margin -€23,680
down €23,680, from €4,978 to -€18,703
- Depreciation +€904
up €904 (+11.4%), from €7,939 to €8,842
- Financial charges -€427
down €427 (-49.5%), from €863 to €436
- Taxes -€361
no longer reported in 2024 (was €361)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €100,631 | €71,446 | -€29,185 | -29.0% |
| Fixed assets | 21/28 | €33,356 | €24,514 | -€8,842 | -26.5% |
| Tangible fixed assets | 22/27 | €33,356 | €24,514 | -€8,842 | -26.5% |
| Furniture and vehicles | 24 | €9,731 | €7,189 | -€2,542 | -26.1% |
| Leasing and similar rights | 25 | €23,625 | €17,325 | -€6,300 | -26.7% |
| Current assets | 29/58 | €67,275 | €46,932 | -€20,343 | -30.2% |
| Stocks and contracts in progress | 3 | €950 | €950 | = | 0.0% |
| Stocks | 30/36 | €950 | €950 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,025 | €39,608 | +€7,583 | +23.7% |
| Trade receivables | 40 | €30,797 | €38,249 | +€7,452 | +24.2% |
| Other amounts receivable | 41 | €1,228 | €1,359 | +€131 | +10.7% |
| Cash at bank and in hand | 54/58 | €32,537 | €5,494 | -€27,043 | -83.1% |
| Deferred charges and accrued income | 490/1 | €1,763 | €880 | -€883 | -50.1% |
| Total equity and liabilities | 10/49 | €100,631 | €71,446 | -€29,185 | -29.0% |
| Equity | 10/15 | €39,708 | €11,111 | -€28,597 | -72.0% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Outside capital | 11 | €6,500 | €6,500 | = | 0.0% |
| Share premium | 1100/10 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €33,208 | €33,208 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €31,208 | €31,208 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€28,597 | -€28,597 | |
| Amounts payable | 17/49 | €60,923 | €60,335 | -€588 | -1.0% |
| Amounts payable after more than one year | 17 | €13,632 | €9,271 | -€4,360 | -32.0% |
| Financial debts | 170/4 | €13,632 | €9,271 | -€4,360 | -32.0% |
| Amounts payable within one year | 42/48 | €47,291 | €51,063 | +€3,772 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €4,546 | €4,360 | -€186 | -4.1% |
| Trade debts | 44 | €4,850 | €16,024 | +€11,174 | +230.4% |
| Suppliers | 440/4 | €4,850 | €16,024 | +€11,174 | +230.4% |
| Taxes, remuneration and social security | 45 | €6,165 | - | -€6,165 | |
| Taxes | 450/3 | €2,165 | - | -€2,165 | |
| Remuneration and social security | 454/9 | €4,000 | - | -€4,000 | |
| Other amounts payable | 47/48 | €31,731 | €30,679 | -€1,052 | -3.3% |
| Non-recurring operating income | 76A | €2,081 | €2,122 | +€41 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,939 | €8,842 | +€904 | +11.4% |
| Other operating charges | 640/8 | €546 | €621 | +€75 | +13.7% |
| Gross operating margin | 9900 | €4,978 | -€18,703 | -€23,680 | |
| Operating profit (loss) | 9901 | -€3,507 | -€28,166 | -€24,659 | -703.1% |
| Financial income | 75/76B | €48 | €5 | -€42 | -88.6% |
| Recurring financial income | 75 | €48 | €5 | -€42 | -88.6% |
| Financial charges | 65/66B | €863 | €436 | -€427 | -49.5% |
| Recurring financial charges | 65 | €863 | €436 | -€427 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,323 | -€28,597 | -€24,274 | -561.5% |
| Income taxes | 67/77 | €361 | - | -€361 | |
| Profit (loss) for the period | 9904 | -€4,684 | -€28,597 | -€23,913 | -510.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,684 | -€28,597 | -€23,913 | -510.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.