ROXMA: 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.
ROXMA
Largest movements
- Current investments -€150,000
down €150,000 (-100%), from €150,000 to €0
- Cash +€147,790
up €147,790 (+509%), from €29,029 to €176,819
mainly Current investments (+€150,000) and Depreciation (+€2,532)
- Tangible fixed assets -€2,532
down €2,532 (-100%), from €2,532 to €0
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€38,146
down €38,146 (-97.6%), from €39,081 to €936
- Staff costs -€28,429
down €28,429 (-100%), from €28,429 to €0
- Depreciation -€3,716
down €3,716 (-59.5%), from €6,248 to €2,532
- Financial income +€2,467
up €2,467 (+543%), from €455 to €2,922
- Financial charges -€807
down €807 (-60.2%), from €1,342 to €534
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 | €188,049 | €184,917 | -€3,132 | -1.7% |
| Fixed assets | 21/28 | €3,502 | €970 | -€2,532 | -72.3% |
| Tangible fixed assets | 22/27 | €2,532 | €0 | -€2,532 | -100% |
| Furniture and vehicles | 24 | €2,532 | €0 | -€2,532 | -100% |
| Financial fixed assets | 28 | €970 | €970 | = | 0.0% |
| Current assets | 29/58 | €184,547 | €183,947 | -€600 | -0.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €4,071 | €5,632 | +€1,561 | +38.4% |
| Trade receivables | 40 | €692 | €591 | -€101 | -14.6% |
| Other amounts receivable | 41 | €3,379 | €5,042 | +€1,663 | +49.2% |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100% |
| Cash at bank and in hand | 54/58 | €29,029 | €176,819 | +€147,790 | +509% |
| Deferred charges and accrued income | 490/1 | €1,447 | €1,496 | +€49 | +3.4% |
| Total equity and liabilities | 10/49 | €188,049 | €184,917 | -€3,132 | -1.7% |
| Equity | 10/15 | €184,205 | €184,721 | +€516 | +0.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €174,205 | €176,065 | +€1,860 | +1.1% |
| Distributable reserves | 133 | €174,205 | €176,065 | +€1,860 | +1.1% |
| Profit (loss) carried forward | 14 | - | -€1,344 | -€1,344 | |
| Amounts payable | 17/49 | €3,844 | €196 | -€3,648 | -94.9% |
| Amounts payable within one year | 42/48 | €3,844 | €196 | -€3,648 | -94.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,943 | €196 | -€1,747 | -89.9% |
| Suppliers | 440/4 | €1,943 | €196 | -€1,747 | -89.9% |
| Taxes, remuneration and social security | 45 | €42 | €0 | -€42 | -100% |
| Taxes | 450/3 | €42 | €0 | -€42 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,860 | €0 | -€1,860 | -100% |
| Remuneration, social security and pensions | 62 | €28,429 | €0 | -€28,429 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,248 | €2,532 | -€3,716 | -59.5% |
| Other operating charges | 640/8 | €1,590 | €1,080 | -€510 | -32.1% |
| Gross operating margin | 9900 | €39,081 | €936 | -€38,146 | -97.6% |
| Operating profit (loss) | 9901 | €2,813 | -€2,676 | -€5,489 | |
| Financial income | 75/76B | €455 | €2,922 | +€2,467 | +543% |
| Recurring financial income | 75 | €455 | €2,922 | +€2,467 | +543% |
| Financial charges | 65/66B | €1,342 | €534 | -€807 | -60.2% |
| Recurring financial charges | 65 | €1,342 | €534 | -€807 | -60.2% |
| Profit (loss) for the period before taxes | 9903 | €1,926 | -€289 | -€2,215 | |
| Income taxes | 67/77 | €1,438 | €1,055 | -€383 | -26.6% |
| Profit (loss) for the period | 9904 | €489 | -€1,344 | -€1,832 | |
| Profit (loss) for the period to be appropriated | 9905 | €489 | -€1,344 | -€1,832 |
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 30 October 2026 via checked.be.