ROW SUMMIT: 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.
ROW SUMMIT
Largest movements
- Receivables after one year -€130,000
no longer reported in 2025 (was €130,000)
- Cash +€37,102
up €37,102 (+48.9%), from €75,917 to €113,019
mainly Receivables after one year (+€130,000) and Net result for the year (+€43,243)
- Tangible fixed assets -€14,166
down €14,166 (-23.5%), from €60,157 to €45,991
of which Furniture and vehicles: -€12,059
- Reserves -€133,287
down €133,287 (-51.8%), from €257,064 to €123,778
- Other debts +€20,000
new in 2025: €20,000
- Tax, wage and social debts +€6,386
up €6,386 (+24.1%), from €26,490 to €32,876
- Gross operating margin -€44,188
down €44,188 (-38.7%), from €114,306 to €70,118
- Taxes -€10,592
down €10,592 (-47.1%), from €22,506 to €11,914
- Depreciation +€7,528
up €7,528 (+113.4%), from €6,638 to €14,166
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 | €286,317 | €179,327 | -€106,991 | -37.4% |
| Fixed assets | 21/28 | €60,157 | €45,991 | -€14,166 | -23.5% |
| Tangible fixed assets | 22/27 | €60,157 | €45,991 | -€14,166 | -23.5% |
| Plant, machinery and equipment | 23 | €4,791 | €2,684 | -€2,107 | -44.0% |
| Furniture and vehicles | 24 | €55,366 | €43,307 | -€12,059 | -21.8% |
| Current assets | 29/58 | €226,160 | €133,335 | -€92,825 | -41.0% |
| Amounts receivable after more than one year | 29 | €130,000 | - | -€130,000 | |
| Other amounts receivable | 291 | €130,000 | - | -€130,000 | |
| Amounts receivable within one year | 40/41 | €17,942 | €16,773 | -€1,170 | -6.5% |
| Trade receivables | 40 | €17,236 | €14,791 | -€2,445 | -14.2% |
| Other amounts receivable | 41 | €706 | €1,982 | +€1,276 | +180.8% |
| Cash at bank and in hand | 54/58 | €75,917 | €113,019 | +€37,102 | +48.9% |
| Deferred charges and accrued income | 490/1 | €2,301 | €3,543 | +€1,242 | +54.0% |
| Total equity and liabilities | 10/49 | €286,317 | €179,327 | -€106,991 | -37.4% |
| Equity | 10/15 | €259,064 | €125,778 | -€133,287 | -51.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €257,064 | €123,778 | -€133,287 | -51.8% |
| Distributable reserves | 133 | €257,064 | €123,778 | -€133,287 | -51.8% |
| Amounts payable | 17/49 | €27,253 | €53,549 | +€26,296 | +96.5% |
| Amounts payable within one year | 42/48 | €27,253 | €53,549 | +€26,296 | +96.5% |
| Trade debts | 44 | €764 | €674 | -€90 | -11.8% |
| Suppliers | 440/4 | €764 | €674 | -€90 | -11.8% |
| Taxes, remuneration and social security | 45 | €26,490 | €32,876 | +€6,386 | +24.1% |
| Taxes | 450/3 | €26,490 | €32,876 | +€6,386 | +24.1% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,638 | €14,166 | +€7,528 | +113.4% |
| Other operating charges | 640/8 | €153 | €672 | +€519 | +339.2% |
| Gross operating margin | 9900 | €114,306 | €70,118 | -€44,188 | -38.7% |
| Operating profit (loss) | 9901 | €107,515 | €55,281 | -€52,235 | -48.6% |
| Financial income | 75/76B | €5 | €4 | -€1 | -18.2% |
| Recurring financial income | 75 | €5 | €4 | -€1 | -18.2% |
| Financial charges | 65/66B | €125 | €128 | +€3 | +2.5% |
| Recurring financial charges | 65 | €125 | €128 | +€3 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €107,396 | €55,157 | -€52,239 | -48.6% |
| Income taxes | 67/77 | €22,506 | €11,914 | -€10,592 | -47.1% |
| Profit (loss) for the period | 9904 | €84,890 | €43,243 | -€41,647 | -49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €84,890 | €43,243 | -€41,647 | -49.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.