ROWIBA: what changed
Two financial 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.
ROWIBA
Largest movements
- Current investments -€20,301
down €20,301 (-42.3%), from €48,015 to €27,714
- Cash +€15,783
up €15,783 (+666%), from €2,368 to €18,151
mainly Current investments (+€20,301) and Depreciation (+€9,625)
- Tangible fixed assets -€9,625
down €9,625 (-22.4%), from €42,981 to €33,357
- Profit (loss) carried forward -€14,538
down €14,538 (-21.1%), from -€69,035 to -€83,574
- Gross operating margin -€7,232
down €7,232, from €4,651 to -€2,581
- Financial charges +€2,383
up €2,383 (+620%), from €384 to €2,767
- Financial income +€984
up €984 (+80.3%), from €1,226 to €2,210
- Other operating charges -€207
down €207 (-9.4%), from €2,200 to €1,993
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.
Derived cash bridge
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 | €135,041 | €121,097 | -€13,944 | -10.3% |
| Fixed assets | 21/28 | €42,981 | €33,357 | -€9,625 | -22.4% |
| Tangible fixed assets | 22/27 | €42,981 | €33,357 | -€9,625 | -22.4% |
| Land and buildings | 22 | €42,981 | €33,357 | -€9,625 | -22.4% |
| Current assets | 29/58 | €92,060 | €87,740 | -€4,320 | -4.7% |
| Amounts receivable within one year | 40/41 | €41,677 | €41,875 | +€199 | +0.5% |
| Trade receivables | 40 | €1,529 | - | -€1,529 | |
| Other amounts receivable | 41 | €40,148 | €41,875 | +€1,727 | +4.3% |
| Current investments | 50/53 | €48,015 | €27,714 | -€20,301 | -42.3% |
| Cash at bank and in hand | 54/58 | €2,368 | €18,151 | +€15,783 | +666% |
| Total equity and liabilities | 10/49 | €135,041 | €121,097 | -€13,944 | -10.3% |
| Equity | 10/15 | €132,882 | €118,126 | -€14,756 | -11.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €139,917 | €139,700 | -€217 | -0.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €217 | - | -€217 | |
| Distributable reserves | 133 | €133,500 | €133,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,035 | -€83,574 | -€14,538 | -21.1% |
| Amounts payable | 17/49 | €2,159 | €2,970 | +€811 | +37.6% |
| Amounts payable within one year | 42/48 | €2,159 | €2,970 | +€811 | +37.6% |
| Financial debts | 43 | €117 | €119 | +€2 | +2.0% |
| Credit institutions | 430/8 | €117 | €119 | +€2 | +2.0% |
| Trade debts | 44 | €2,043 | €2,852 | +€809 | +39.6% |
| Suppliers | 440/4 | €2,043 | €2,852 | +€809 | +39.6% |
| Non-recurring operating income | 76A | €9,917 | - | -€9,917 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,625 | €9,625 | = | 0.0% |
| Other operating charges | 640/8 | €2,200 | €1,993 | -€207 | -9.4% |
| Gross operating margin | 9900 | €4,651 | -€2,581 | -€7,232 | |
| Operating profit (loss) | 9901 | -€7,174 | -€14,198 | -€7,025 | -97.9% |
| Financial income | 75/76B | €1,226 | €2,210 | +€984 | +80.3% |
| Recurring financial income | 75 | €1,226 | €2,210 | +€984 | +80.3% |
| Financial charges | 65/66B | €384 | €2,767 | +€2,383 | +620% |
| Recurring financial charges | 65 | €384 | €2,767 | +€2,383 | +620% |
| Profit (loss) for the period before taxes | 9903 | -€6,332 | -€14,756 | -€8,424 | -133% |
| Profit (loss) for the period | 9904 | -€6,332 | -€14,756 | -€8,424 | -133% |
| Transfer from tax-exempt reserves | 789 | - | €217 | +€217 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,332 | -€14,538 | -€8,207 | -130% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.