Roxav: 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.
Roxav
Largest movements
- Cash +€17,412
up €17,412 (+26.8%), from €65,020 to €82,432
mainly Net result for the year (+€31,915) and Receivables within one year (+€13,584)
- Receivables within one year -€13,584
down €13,584 (-31.1%), from €43,654 to €30,070
of which Other amounts receivable: -€15,000
- Tangible fixed assets -€3,700
down €3,700 (-26.4%), from €14,041 to €10,341
- Intangible fixed assets -€3,000
down €3,000 (-28.3%), from €10,607 to €7,607
- Reserves +€31,915
up €31,915 (+41.8%), from €76,291 to €108,206
- Tax, wage and social debts -€20,362
down €20,362 (-93.6%), from €21,743 to €1,381
- Other debts -€11,673
down €11,673 (-99.5%), from €11,737 to €64
- Trade debts -€2,641
down €2,641 (-11.5%), from €23,053 to €20,411
- Gross operating margin -€43,347
down €43,347 (-47.7%), from €90,795 to €47,448
- Taxes -€9,059
down €9,059 (-51.2%), from €17,680 to €8,620
- Depreciation +€1,220
up €1,220 (+22.3%), from €5,481 to €6,700
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 | €135,323 | €132,562 | -€2,761 | -2.0% |
| Fixed assets | 21/28 | €24,648 | €17,948 | -€6,700 | -27.2% |
| Intangible fixed assets | 21 | €10,607 | €7,607 | -€3,000 | -28.3% |
| Tangible fixed assets | 22/27 | €14,041 | €10,341 | -€3,700 | -26.4% |
| Plant, machinery and equipment | 23 | €14,041 | €10,341 | -€3,700 | -26.4% |
| Current assets | 29/58 | €110,675 | €114,614 | +€3,940 | +3.6% |
| Amounts receivable within one year | 40/41 | €43,654 | €30,070 | -€13,584 | -31.1% |
| Trade receivables | 40 | €28,654 | €30,070 | +€1,416 | +4.9% |
| Other amounts receivable | 41 | €15,000 | - | -€15,000 | |
| Cash at bank and in hand | 54/58 | €65,020 | €82,432 | +€17,412 | +26.8% |
| Deferred charges and accrued income | 490/1 | €2,001 | €2,113 | +€111 | +5.6% |
| Total equity and liabilities | 10/49 | €135,323 | €132,562 | -€2,761 | -2.0% |
| Equity | 10/15 | €78,791 | €110,706 | +€31,915 | +40.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €76,291 | €108,206 | +€31,915 | +41.8% |
| Distributable reserves | 133 | €76,291 | €108,206 | +€31,915 | +41.8% |
| Amounts payable | 17/49 | €56,532 | €21,856 | -€34,676 | -61.3% |
| Amounts payable within one year | 42/48 | €56,532 | €21,856 | -€34,676 | -61.3% |
| Trade debts | 44 | €23,053 | €20,411 | -€2,641 | -11.5% |
| Suppliers | 440/4 | €23,053 | €20,411 | -€2,641 | -11.5% |
| Taxes, remuneration and social security | 45 | €21,743 | €1,381 | -€20,362 | -93.6% |
| Taxes | 450/3 | €21,743 | €1,381 | -€20,362 | -93.6% |
| Other amounts payable | 47/48 | €11,737 | €64 | -€11,673 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,481 | €6,700 | +€1,220 | +22.3% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €90,795 | €47,448 | -€43,347 | -47.7% |
| Operating profit (loss) | 9901 | €85,252 | €40,685 | -€44,567 | -52.3% |
| Financial income | 75/76B | €8 | €0 | -€7 | -97.2% |
| Recurring financial income | 75 | €8 | €0 | -€7 | -97.2% |
| Financial charges | 65/66B | €137 | €150 | +€13 | +9.9% |
| Recurring financial charges | 65 | €137 | €150 | +€13 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €85,123 | €40,536 | -€44,588 | -52.4% |
| Income taxes | 67/77 | €17,680 | €8,620 | -€9,059 | -51.2% |
| Profit (loss) for the period | 9904 | €67,444 | €31,915 | -€35,528 | -52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €67,444 | €31,915 | -€35,528 | -52.7% |
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 3 October 2026 via checked.be.