ROVETECH: 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.
ROVETECH
Largest movements
- Tangible fixed assets +€41,300
up €41,300 (+267.4%), from €15,442 to €56,742
of which Furniture and vehicles: +€39,812
- Cash -€19,567
down €19,567 (-26.1%), from €74,932 to €55,365
mainly Investment in fixed assets (net) (-€53,712) and Receivables within one year (-€13,229)
- Receivables within one year +€13,229
up €13,229 (+180.0%), from €7,348 to €20,577
of which Trade receivables: +€15,228
- Stocks and contracts -€3,422
down €3,422 (-30.9%), from €11,089 to €7,667
- Reserves +€20,178
up €20,178 (+33.8%), from €59,626 to €79,804
- Other debts +€7,533
up €7,533 (+23.7%), from €31,733 to €39,267
- Tax, wage and social debts +€3,791
up €3,791 (+679.2%), from €558 to €4,350
- Gross operating margin +€14,451
up €14,451 (+50.5%), from €28,592 to €43,043
- Taxes +€3,525
up €3,525 (+75.5%), from €4,670 to €8,195
- Depreciation +€820
up €820 (+7.1%), from €11,592 to €12,412
- Financial income -€643
down €643 (-46.8%), from €1,373 to €730
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 | €109,295 | €140,835 | +€31,539 | +28.9% |
| Fixed assets | 21/28 | €15,442 | €56,742 | +€41,300 | +267.4% |
| Tangible fixed assets | 22/27 | €15,442 | €56,742 | +€41,300 | +267.4% |
| Land and buildings | 22 | €428 | €342 | -€86 | -20.0% |
| Plant, machinery and equipment | 23 | €2,002 | €3,575 | +€1,574 | +78.6% |
| Furniture and vehicles | 24 | €13,013 | €52,825 | +€39,812 | +305.9% |
| Current assets | 29/58 | €93,853 | €84,093 | -€9,760 | -10.4% |
| Stocks and contracts in progress | 3 | €11,089 | €7,667 | -€3,422 | -30.9% |
| Stocks | 30/36 | €11,089 | €7,667 | -€3,422 | -30.9% |
| Amounts receivable within one year | 40/41 | €7,348 | €20,577 | +€13,229 | +180.0% |
| Trade receivables | 40 | €4,990 | €20,218 | +€15,228 | +305.2% |
| Other amounts receivable | 41 | €2,358 | €359 | -€1,999 | -84.8% |
| Cash at bank and in hand | 54/58 | €74,932 | €55,365 | -€19,567 | -26.1% |
| Deferred charges and accrued income | 490/1 | €483 | €483 | +€0 | 0.0% |
| Total equity and liabilities | 10/49 | €109,295 | €140,835 | +€31,539 | +28.9% |
| Equity | 10/15 | €74,506 | €94,684 | +€20,178 | +27.1% |
| Contributions | 10/11 | €14,880 | €14,880 | = | 0.0% |
| Reserves | 13 | €59,626 | €79,804 | +€20,178 | +33.8% |
| Distributable reserves | 133 | €59,626 | €79,804 | +€20,178 | +33.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €34,789 | €46,151 | +€11,362 | +32.7% |
| Amounts payable within one year | 42/48 | €33,609 | €44,916 | +€11,307 | +33.6% |
| Trade debts | 44 | €1,317 | €1,300 | -€17 | -1.3% |
| Suppliers | 440/4 | €1,317 | €1,300 | -€17 | -1.3% |
| Taxes, remuneration and social security | 45 | €558 | €4,350 | +€3,791 | +679.2% |
| Taxes | 450/3 | €558 | €4,350 | +€3,791 | +679.2% |
| Other amounts payable | 47/48 | €31,733 | €39,267 | +€7,533 | +23.7% |
| Accrued charges and deferred income | 492/3 | €1,180 | €1,234 | +€54 | +4.6% |
| Non-recurring operating income | 76A | - | €12,500 | +€12,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,592 | €12,412 | +€820 | +7.1% |
| Other operating charges | 640/8 | €1,081 | €858 | -€223 | -20.6% |
| Gross operating margin | 9900 | €28,592 | €43,043 | +€14,451 | +50.5% |
| Operating profit (loss) | 9901 | €15,919 | €29,773 | +€13,854 | +87.0% |
| Financial income | 75/76B | €1,373 | €730 | -€643 | -46.8% |
| Recurring financial income | 75 | €1,373 | €730 | -€643 | -46.8% |
| Financial charges | 65/66B | €1,253 | €1,297 | +€44 | +3.5% |
| Recurring financial charges | 65 | €1,253 | €1,297 | +€44 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €16,038 | €29,205 | +€13,167 | +82.1% |
| Income taxes | 67/77 | €4,670 | €8,195 | +€3,525 | +75.5% |
| Profit (loss) for the period | 9904 | €11,368 | €21,011 | +€9,642 | +84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,368 | €21,011 | +€9,642 | +84.8% |
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 5 October 2026 via checked.be.