ROVELTEX: 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.
ROVELTEX
Largest movements
- Tangible fixed assets +€407,205
up €407,205 (+888.8%), from €45,814 to €453,019
of which Land and buildings: +€398,490
- Receivables within one year -€89,664
down €89,664 (-77.0%), from €116,415 to €26,751
of which Trade receivables: -€89,739
- Stocks and contracts +€25,315
up €25,315 (+91.1%), from €27,798 to €53,113
- Cash +€10,334
up €10,334 (+48.9%), from €21,121 to €31,455
mainly Debts after one year (+€347,848) and Receivables within one year (+€89,664)
- Debts after one year +€347,848
up €347,848 (+739.8%), from €47,019 to €394,867
- Current portion of long-term debt +€22,854
new in 2024: €22,854
- Profit (loss) carried forward -€9,452
down €9,452 (-12.8%), from €73,636 to €64,184
- Trade debts -€6,896
down €6,896 (-20.8%), from €33,155 to €26,259
- Gross operating margin +€44,977
up €44,977 (+82.7%), from €54,371 to €99,348
- Depreciation +€16,965
up €16,965 (+579.0%), from €2,930 to €19,895
- Taxes +€8,224
up €8,224 (+55.3%), from €14,883 to €23,107
- Other operating charges -€7,085
down €7,085 (-48.7%), from €14,552 to €7,467
- Financial charges +€5,187
up €5,187 (+212.1%), from €2,445 to €7,632
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 | €233,328 | €581,878 | +€348,550 | +149.4% |
| Fixed assets | 21/28 | €60,748 | €467,953 | +€407,205 | +670.3% |
| Tangible fixed assets | 22/27 | €45,814 | €453,019 | +€407,205 | +888.8% |
| Land and buildings | 22 | - | €398,490 | +€398,490 | |
| Furniture and vehicles | 24 | - | €13,906 | +€13,906 | |
| Other tangible fixed assets | 26 | €45,814 | €40,623 | -€5,191 | -11.3% |
| Financial fixed assets | 28 | €14,934 | €14,934 | = | 0.0% |
| Current assets | 29/58 | €172,580 | €113,925 | -€58,655 | -34.0% |
| Stocks and contracts in progress | 3 | €27,798 | €53,113 | +€25,315 | +91.1% |
| Stocks | 30/36 | €27,798 | €53,113 | +€25,315 | +91.1% |
| Amounts receivable within one year | 40/41 | €116,415 | €26,751 | -€89,664 | -77.0% |
| Trade receivables | 40 | €114,765 | €25,026 | -€89,739 | -78.2% |
| Other amounts receivable | 41 | €1,650 | €1,725 | +€75 | +4.5% |
| Current investments | 50/53 | €3,821 | - | -€3,821 | |
| Cash at bank and in hand | 54/58 | €21,121 | €31,455 | +€10,334 | +48.9% |
| Deferred charges and accrued income | 490/1 | €3,425 | €2,606 | -€819 | -23.9% |
| Total equity and liabilities | 10/49 | €233,328 | €581,878 | +€348,550 | +149.4% |
| Equity | 10/15 | €123,636 | €114,184 | -€9,452 | -7.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,636 | €64,184 | -€9,452 | -12.8% |
| Amounts payable | 17/49 | €109,692 | €467,694 | +€358,002 | +326.4% |
| Amounts payable after more than one year | 17 | €47,019 | €394,867 | +€347,848 | +739.8% |
| Financial debts | 170/4 | €47,019 | €394,867 | +€347,848 | +739.8% |
| Amounts payable within one year | 42/48 | €62,673 | €72,213 | +€9,540 | +15.2% |
| Current portion of amounts payable after more than one year | 42 | - | €22,854 | +€22,854 | |
| Financial debts | 43 | €88 | €54 | -€34 | -38.6% |
| Credit institutions | 430/8 | €88 | €54 | -€34 | -38.6% |
| Trade debts | 44 | €33,155 | €26,259 | -€6,896 | -20.8% |
| Suppliers | 440/4 | €33,155 | €26,259 | -€6,896 | -20.8% |
| Taxes, remuneration and social security | 45 | €21,422 | €19,679 | -€1,743 | -8.1% |
| Taxes | 450/3 | €19,782 | €17,959 | -€1,823 | -9.2% |
| Remuneration and social security | 454/9 | €1,640 | €1,720 | +€80 | +4.9% |
| Other amounts payable | 47/48 | €8,008 | €3,367 | -€4,641 | -58.0% |
| Accrued charges and deferred income | 492/3 | - | €614 | +€614 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,930 | €19,895 | +€16,965 | +579.0% |
| Other operating charges | 640/8 | €14,552 | €7,467 | -€7,085 | -48.7% |
| Non-recurring operating charges | 66A | - | €50,700 | +€50,700 | |
| Gross operating margin | 9900 | €54,371 | €99,348 | +€44,977 | +82.7% |
| Operating profit (loss) | 9901 | €36,889 | €21,286 | -€15,603 | -42.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,445 | €7,632 | +€5,187 | +212.1% |
| Recurring financial charges | 65 | €2,445 | €7,632 | +€5,187 | +212.1% |
| Profit (loss) for the period before taxes | 9903 | €34,444 | €13,655 | -€20,789 | -60.4% |
| Income taxes | 67/77 | €14,883 | €23,107 | +€8,224 | +55.3% |
| Profit (loss) for the period | 9904 | €19,561 | -€9,452 | -€29,013 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,561 | -€9,452 | -€29,013 |
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 1 October 2026 via checked.be.