Van Roey Rode: 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.
What changed
Van Roey Rode
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€294,331
2024 · -€37,090+€331,421
Equity
€1.4m
2024 · €1.4m+€37,090
Cash
€6,718
2024 · €11,433-€4,716
Balance sheet total
€22.1m
2024 · €18.7m+€3.4m
Largest movements
Assets
- Stocks and contracts +€3.7m
up €3.7m (+21.6%), from €17.0m to €20.7m
- Deferred charges and accrued income -€344,814
down €344,814 (-99.5%), from €346,607 to €1,794
Equity and liabilities
- Short-term financial debts +€2.9m
up €2.9m (+26.9%), from €10.7m to €13.5m
- Other debts +€316,864
up €316,864 (+17.1%), from €1.9m to €2.2m
Income statement
- Goods and materials -€294,913
down €294,913 (-16.9%), from €1.7m to €1.5m
of which Change in stocks: decrease (increase): -€881,506
- Financial charges -€160,595
down €160,595 (-18.0%), from €893,663 to €733,069
- Taxes +€98,934
up €98,934, from -€793 to €98,141
of which Taxes: +€98,141
- Turnover -€96,225
down €96,225 (-4.0%), from €2.4m to €2.3m
- Other operating income +€60,395
up €60,395 (+19.3%), from €312,941 to €373,335
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.
Result 2024
-€37,090
Turnover
-€96,225
Other operating income
+€60,395
Goods and materials
+€294,913
Services and other goods
-€2,262
Other operating charges
+€4,307
Financial income
+€8,632
Financial charges
+€160,595
Taxes
-€98,934
Result 2025
€294,331
raises the resultlowers the result
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.
From operations
-€2.8m
Investment
€0
Financing
+€2.8m
Cash 2024
€11,433
From operations (derived)
-€2.8m
Net result for the year
+€294,331
Stocks and contracts
-€3.7m
Receivables within one year
-€93,859
Deferred charges and accrued income
+€344,814
Trade debts
-€11,302
Other debts
+€316,864
Accrued charges and deferred income
+€11,066
Financing
+€2.8m
Debts after one year
+€186,923
Short-term financial debts
+€2.9m
Contributions, distributions and other
-€257,240
Cash 2025
€6,718
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,713,951 | €22,119,852 | +€3.4m | +18.2% |
| Fixed assets | 21/28 | €1,345,000 | €1,345,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,345,000 | €1,345,000 | = | 0.0% |
| Affiliated companies | 280/1 | €1,345,000 | €1,345,000 | = | 0.0% |
| Participating interests | 280 | €1,345,000 | €1,345,000 | = | 0.0% |
| Current assets | 29/58 | €17,368,951 | €20,774,852 | +€3.4m | +19.6% |
| Stocks and contracts in progress | 3 | €16,990,910 | €20,652,482 | +€3.7m | +21.6% |
| Stocks | 30/36 | €16,990,910 | €20,652,482 | +€3.7m | +21.6% |
| Property held for sale | 35 | €16,990,910 | €20,652,482 | +€3.7m | +21.6% |
| Amounts receivable within one year | 40/41 | €20,000 | €113,859 | +€93,859 | +469% |
| Other amounts receivable | 41 | €20,000 | €113,859 | +€93,859 | +469% |
| Cash at bank and in hand | 54/58 | €11,433 | €6,718 | -€4,716 | -41.2% |
| Deferred charges and accrued income | 490/1 | €346,607 | €1,794 | -€344,814 | -99.5% |
| Total equity and liabilities | 10/49 | €18,713,951 | €22,119,852 | +€3.4m | +18.2% |
| Equity | 10/15 | €1,362,910 | €1,400,000 | +€37,090 | +2.7% |
| Contributions | 10/11 | €482,112 | €482,112 | = | 0.0% |
| Capital | 10 | €475,768 | €475,768 | = | 0.0% |
| Issued capital | 100 | €475,768 | €475,768 | = | 0.0% |
| Contributions outside capital | 11 | €6,344 | €6,344 | = | 0.0% |
| Share premium | 1100/10 | €6,344 | €6,344 | = | 0.0% |
| Revaluation surpluses | 12 | €261,776 | €261,776 | = | 0.0% |
| Reserves | 13 | €656,113 | €656,113 | = | 0.0% |
| Non-distributable reserves | 130/1 | €47,577 | €47,577 | = | 0.0% |
| Legal reserve | 130 | €47,577 | €47,577 | = | 0.0% |
| Tax-exempt reserves | 132 | €270,367 | €270,367 | = | 0.0% |
| Distributable reserves | 133 | €338,169 | €338,169 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,090 | - | +€37,090 | |
| Amounts payable | 17/49 | €17,351,041 | €20,719,852 | +€3.4m | +19.4% |
| Amounts payable after more than one year | 17 | €4,690,946 | €4,877,870 | +€186,923 | +4.0% |
| Financial debts | 170/4 | €4,690,946 | €4,877,870 | +€186,923 | +4.0% |
| Other loans | 174 | €4,690,946 | €4,877,870 | +€186,923 | +4.0% |
| Amounts payable within one year | 42/48 | €12,610,362 | €15,781,183 | +€3.2m | +25.1% |
| Financial debts | 43 | €10,655,590 | €13,520,850 | +€2.9m | +26.9% |
| Credit institutions | 430/8 | €10,655,590 | €13,520,850 | +€2.9m | +26.9% |
| Trade debts | 44 | €96,402 | €85,100 | -€11,302 | -11.7% |
| Suppliers | 440/4 | €96,402 | €85,100 | -€11,302 | -11.7% |
| Other amounts payable | 47/48 | €1,858,370 | €2,175,234 | +€316,864 | +17.1% |
| Accrued charges and deferred income | 492/3 | €49,733 | €60,799 | +€11,066 | +22.3% |
| Operating income | 70/76A | €2,706,908 | €2,671,078 | -€35,830 | -1.3% |
| Turnover | 70 | €2,393,968 | €2,297,743 | -€96,225 | -4.0% |
| Other operating income | 74 | €312,941 | €373,335 | +€60,395 | +19.3% |
| Operating charges | 60/66A | €1,851,301 | €1,554,342 | -€296,959 | -16.0% |
| Goods for resale, raw materials and consumables | 60 | €1,749,272 | €1,454,358 | -€294,913 | -16.9% |
| Purchases | 600/8 | €773,337 | €1,359,930 | +€586,592 | +75.9% |
| Change in stocks: decrease (increase) | 609 | €975,934 | €94,428 | -€881,506 | -90.3% |
| Services and other goods | 61 | €8,806 | €11,067 | +€2,262 | +25.7% |
| Other operating charges | 640/8 | €93,224 | €88,916 | -€4,307 | -4.6% |
| Operating profit (loss) | 9901 | €855,608 | €1,116,736 | +€261,128 | +30.5% |
| Financial income | 75/76B | €172 | €8,804 | +€8,632 | +5,018% |
| Recurring financial income | 75 | €172 | €54 | -€118 | -68.7% |
| Other financial income | 752/9 | €172 | €54 | -€118 | -68.7% |
| Non-recurring financial income | 76B | - | €8,750 | +€8,750 | |
| Financial charges | 65/66B | €893,663 | €733,069 | -€160,595 | -18.0% |
| Recurring financial charges | 65 | €893,663 | €733,069 | -€160,595 | -18.0% |
| Debt charges | 650 | €884,106 | €711,134 | -€172,972 | -19.6% |
| Other financial charges | 652/9 | €9,557 | €21,935 | +€12,377 | +130% |
| Profit (loss) for the period before taxes | 9903 | -€37,883 | €392,471 | +€430,355 | |
| Income taxes | 67/77 | -€793 | €98,141 | +€98,934 | |
| Taxes | 670/3 | - | €98,141 | +€98,141 | |
| Tax adjustments and reversals of tax provisions | 77 | €793 | - | -€793 | |
| Profit (loss) for the period | 9904 | -€37,090 | €294,331 | +€331,421 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,090 | €294,331 | +€331,421 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.