ROXA: 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.
ROXA
Largest movements
- Cash +€11,666
up €11,666 (+74.8%), from €15,595 to €27,261
mainly Net result for the year (+€29,277) and Other debts (+€29,215)
- Tangible fixed assets +€3,137
up €3,137 (+6.9%), from €45,304 to €48,441
of which Furniture and vehicles: +€8,113
- Other debts +€29,215
up €29,215 (+651.5%), from €4,484 to €33,700
- Current portion of long-term debt -€10,948
down €10,948 (-84.8%), from €12,918 to €1,970
- Reserves -€6,000
down €6,000 (-10.6%), from €56,350 to €50,350
- Debts after one year +€2,788
up €2,788 (+33.1%), from €8,431 to €11,220
- Tax, wage and social debts +€2,320
up €2,320 (+23.6%), from €9,847 to €12,167
of which Taxes: +€2,320
- Gross operating margin -€12,376
down €12,376 (-21.2%), from €58,499 to €46,123
- Taxes -€5,608
down €5,608 (-48.3%), from €11,602 to €5,994
- Depreciation +€2,766
up €2,766 (+49.6%), from €5,575 to €8,341
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 | €102,813 | €117,625 | +€14,813 | +14.4% |
| Fixed assets | 21/28 | €45,304 | €48,441 | +€3,137 | +6.9% |
| Tangible fixed assets | 22/27 | €45,304 | €48,441 | +€3,137 | +6.9% |
| Land and buildings | 22 | €15,185 | €13,335 | -€1,850 | -12.2% |
| Plant, machinery and equipment | 23 | €2,743 | €2,176 | -€568 | -20.7% |
| Furniture and vehicles | 24 | €9,532 | €17,645 | +€8,113 | +85.1% |
| Other tangible fixed assets | 26 | €17,844 | €15,286 | -€2,558 | -14.3% |
| Current assets | 29/58 | €57,509 | €69,184 | +€11,675 | +20.3% |
| Amounts receivable within one year | 40/41 | €37,144 | €37,063 | -€82 | -0.2% |
| Trade receivables | 40 | €31,067 | €27,613 | -€3,454 | -11.1% |
| Other amounts receivable | 41 | €6,077 | €9,450 | +€3,373 | +55.5% |
| Cash at bank and in hand | 54/58 | €15,595 | €27,261 | +€11,666 | +74.8% |
| Deferred charges and accrued income | 490/1 | €4,770 | €4,861 | +€91 | +1.9% |
| Total equity and liabilities | 10/49 | €102,813 | €117,625 | +€14,813 | +14.4% |
| Equity | 10/15 | €63,648 | €55,425 | -€8,223 | -12.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €56,350 | €50,350 | -€6,000 | -10.6% |
| Distributable reserves | 133 | €56,350 | €50,350 | -€6,000 | -10.6% |
| Profit (loss) carried forward | 14 | €2,298 | €75 | -€2,223 | -96.7% |
| Amounts payable | 17/49 | €39,165 | €62,201 | +€23,036 | +58.8% |
| Amounts payable after more than one year | 17 | €8,431 | €11,220 | +€2,788 | +33.1% |
| Financial debts | 170/4 | €8,431 | €11,220 | +€2,788 | +33.1% |
| Amounts payable within one year | 42/48 | €29,984 | €49,285 | +€19,301 | +64.4% |
| Current portion of amounts payable after more than one year | 42 | €12,918 | €1,970 | -€10,948 | -84.8% |
| Trade debts | 44 | €2,734 | €1,448 | -€1,287 | -47.1% |
| Suppliers | 440/4 | €2,734 | €1,448 | -€1,287 | -47.1% |
| Taxes, remuneration and social security | 45 | €9,847 | €12,167 | +€2,320 | +23.6% |
| Taxes | 450/3 | €7,397 | €9,717 | +€2,320 | +31.4% |
| Remuneration and social security | 454/9 | €2,450 | €2,450 | = | 0.0% |
| Other amounts payable | 47/48 | €4,484 | €33,700 | +€29,215 | +651.5% |
| Accrued charges and deferred income | 492/3 | €750 | €1,696 | +€946 | +126.2% |
| Non-recurring operating income | 76A | €421 | - | -€421 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,575 | €8,341 | +€2,766 | +49.6% |
| Other operating charges | 640/8 | €622 | €640 | +€18 | +2.9% |
| Gross operating margin | 9900 | €58,499 | €46,123 | -€12,376 | -21.2% |
| Operating profit (loss) | 9901 | €52,302 | €37,142 | -€15,160 | -29.0% |
| Financial income | 75/76B | - | €263 | +€263 | |
| Recurring financial income | 75 | - | €263 | +€263 | |
| Financial charges | 65/66B | €1,772 | €2,134 | +€362 | +20.5% |
| Recurring financial charges | 65 | €1,772 | €2,134 | +€362 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | €50,530 | €35,271 | -€15,260 | -30.2% |
| Income taxes | 67/77 | €11,602 | €5,994 | -€5,608 | -48.3% |
| Profit (loss) for the period | 9904 | €38,929 | €29,277 | -€9,652 | -24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,929 | €29,277 | -€9,652 | -24.8% |
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 28 September 2026 via checked.be.