Rovinco: what changed
What changed
Rovinco
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€132,632
2024 · €63,678+€68,954
Equity
€292,819
2024 · €235,395+€57,424
Cash
€39,217
2024 · €100,082-€60,865
Balance sheet total
€404,278
2024 · €283,940+€120,338
Largest movements
Assets
- Current investments +€200,357
up €200,357 (+134%), from €150,000 to €350,357
- Cash -€60,865
down €60,865 (-60.8%), from €100,082 to €39,217
mainly Current investments (-€200,357) and Contributions, distributions and other (-€75,207)
- Receivables after one year -€12,167
down €12,167 (-100%), from €12,167 to €0
- Receivables within one year -€10,229
down €10,229 (-47.7%), from €21,441 to €11,213
of which Trade receivables: -€10,551
Equity and liabilities
- Other debts +€68,961
up €68,961 (+4,601%), from €1,499 to €70,460
- Reserves +€57,424
up €57,424 (+25.8%), from €222,823 to €280,248
- Tax, wage and social debts -€4,098
down €4,098 (-23.7%), from €17,297 to €13,199
Income statement
- Gross operating margin +€99,239
up €99,239 (+108%), from €91,812 to €191,051
- Taxes +€31,323
up €31,323 (+115%), from €27,324 to €58,647
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€63,678
Gross operating margin
+€99,239
Depreciation
+€1,647
Other operating charges
-€518
Financial income
+€25
Financial charges
-€116
Taxes
-€31,323
Result 2025
€132,632
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€219,697
Investment
-€204,889
Financing
-€75,673
Cash 2024
€100,082
From operations (derived)
+€219,697
Net result for the year
+€132,632
Depreciation
+€1,510
Receivables after one year
+€12,167
Receivables within one year
+€10,229
Deferred charges and accrued income
-€221
Trade debts
-€1,483
Tax, wage and social debts
-€4,098
Other debts
+€68,961
Investment (derived)
-€204,889
Investment in fixed assets (net)
-€4,532
Current investments
-€200,357
Financing
-€75,673
Current portion of long-term debt
-€466
Contributions, distributions and other
-€75,207
Cash 2025
€39,217
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €283,940 | €404,278 | +€120,338 | +42.4% |
| Fixed assets | 21/28 | €250 | €3,271 | +€3,021 | +1,209% |
| Tangible fixed assets | 22/27 | €0 | €3,021 | +€3,021 | |
| Furniture and vehicles | 24 | €0 | €3,021 | +€3,021 | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €283,690 | €401,007 | +€117,317 | +41.4% |
| Amounts receivable after more than one year | 29 | €12,167 | €0 | -€12,167 | -100% |
| Other amounts receivable | 291 | €12,167 | €0 | -€12,167 | -100% |
| Amounts receivable within one year | 40/41 | €21,441 | €11,213 | -€10,229 | -47.7% |
| Trade receivables | 40 | €21,441 | €10,890 | -€10,551 | -49.2% |
| Other amounts receivable | 41 | €0 | €323 | +€323 | |
| Current investments | 50/53 | €150,000 | €350,357 | +€200,357 | +134% |
| Cash at bank and in hand | 54/58 | €100,082 | €39,217 | -€60,865 | -60.8% |
| Deferred charges and accrued income | 490/1 | €0 | €221 | +€221 | |
| Total equity and liabilities | 10/49 | €283,940 | €404,278 | +€120,338 | +42.4% |
| Equity | 10/15 | €235,395 | €292,819 | +€57,424 | +24.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €222,823 | €280,248 | +€57,424 | +25.8% |
| Distributable reserves | 133 | €222,823 | €280,248 | +€57,424 | +25.8% |
| Profit (loss) carried forward | 14 | €6,372 | €6,372 | = | 0.0% |
| Amounts payable | 17/49 | €48,545 | €111,459 | +€62,914 | +130% |
| Amounts payable within one year | 42/48 | €48,545 | €111,459 | +€62,914 | +130% |
| Current portion of amounts payable after more than one year | 42 | €24,445 | €23,979 | -€466 | -1.9% |
| Trade debts | 44 | €5,304 | €3,821 | -€1,483 | -28.0% |
| Suppliers | 440/4 | €5,304 | €3,821 | -€1,483 | -28.0% |
| Taxes, remuneration and social security | 45 | €17,297 | €13,199 | -€4,098 | -23.7% |
| Taxes | 450/3 | €17,297 | €13,199 | -€4,098 | -23.7% |
| Other amounts payable | 47/48 | €1,499 | €70,460 | +€68,961 | +4,601% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,158 | €1,510 | -€1,647 | -52.2% |
| Other operating charges | 640/8 | €1,851 | €2,369 | +€518 | +28.0% |
| Gross operating margin | 9900 | €91,812 | €191,051 | +€99,239 | +108% |
| Operating profit (loss) | 9901 | €86,803 | €187,171 | +€100,368 | +116% |
| Financial income | 75/76B | €4,699 | €4,723 | +€25 | +0.5% |
| Recurring financial income | 75 | €4,699 | €4,723 | +€25 | +0.5% |
| Financial charges | 65/66B | €500 | €616 | +€116 | +23.2% |
| Recurring financial charges | 65 | €500 | €616 | +€116 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | €91,002 | €191,279 | +€100,277 | +110% |
| Income taxes | 67/77 | €27,324 | €58,647 | +€31,323 | +115% |
| Profit (loss) for the period | 9904 | €63,678 | €132,632 | +€68,954 | +108% |
| Profit (loss) for the period to be appropriated | 9905 | €63,678 | €132,632 | +€68,954 | +108% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.