VAN ROKEGHEM: 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.
VAN ROKEGHEM
Largest movements
- Cash -€42,796
down €42,796 (-64.2%), from €66,653 to €23,858
mainly Contributions, distributions and other (-€106,552) and Trade debts (-€22,992)
- Receivables within one year +€14,776
up €14,776 (+55.0%), from €26,867 to €41,643
of which Trade receivables: +€11,422
- Tangible fixed assets -€14,760
down €14,760 (-8.6%), from €170,960 to €156,200
of which Land and buildings: -€8,000
- Contributions -€106,552
down €106,552 (-95.5%), from €111,552 to €5,000
- Debts after one year +€60,358
up €60,358 (+221%), from €27,310 to €87,668
of which Other amounts payable: +€64,229
- Other debts +€51,056
up €51,056 (+77.6%), from €65,797 to €116,853
- Trade debts -€22,992
down €22,992 (-64.3%), from €35,741 to €12,749
- Profit (loss) carried forward -€22,192
down €22,192 (-387%), from -€5,729 to -€27,922
- Staff costs +€12,085
up €12,085 (+39.6%), from €30,487 to €42,572
- Gross operating margin -€7,210
down €7,210 (-13.2%), from €54,507 to €47,298
- Financial charges +€3,434
up €3,434 (+157%), from €2,192 to €5,625
- Other operating charges -€1,139
down €1,139 (-24.2%), from €4,707 to €3,568
- Depreciation +€606
up €606 (+4.3%), from €14,154 to €14,760
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 | €265,859 | €222,911 | -€42,948 | -16.2% |
| Fixed assets | 21/28 | €170,960 | €156,777 | -€14,183 | -8.3% |
| Tangible fixed assets | 22/27 | €170,960 | €156,200 | -€14,760 | -8.6% |
| Land and buildings | 22 | €161,826 | €153,826 | -€8,000 | -4.9% |
| Furniture and vehicles | 24 | €9,134 | €2,374 | -€6,760 | -74.0% |
| Financial fixed assets | 28 | - | €576 | +€576 | |
| Current assets | 29/58 | €94,899 | €66,134 | -€28,765 | -30.3% |
| Amounts receivable within one year | 40/41 | €26,867 | €41,643 | +€14,776 | +55.0% |
| Trade receivables | 40 | €25,934 | €37,356 | +€11,422 | +44.0% |
| Other amounts receivable | 41 | €933 | €4,287 | +€3,354 | +360% |
| Cash at bank and in hand | 54/58 | €66,653 | €23,858 | -€42,796 | -64.2% |
| Deferred charges and accrued income | 490/1 | €1,379 | €633 | -€746 | -54.1% |
| Total equity and liabilities | 10/49 | €265,859 | €222,911 | -€42,948 | -16.2% |
| Equity | 10/15 | €116,978 | -€11,767 | -€128,745 | |
| Contributions | 10/11 | €111,552 | €5,000 | -€106,552 | -95.5% |
| Capital | 10 | €111,552 | - | -€111,552 | |
| Issued capital | 100 | €111,552 | - | -€111,552 | |
| Reserves | 13 | €11,155 | €11,155 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,155 | €0 | -€11,155 | -100% |
| Legal reserve | 130 | €11,155 | - | -€11,155 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | - | €11,155 | +€11,155 | |
| Profit (loss) carried forward | 14 | -€5,729 | -€27,922 | -€22,192 | -387% |
| Amounts payable | 17/49 | €148,881 | €234,678 | +€85,796 | +57.6% |
| Amounts payable after more than one year | 17 | €27,310 | €87,668 | +€60,358 | +221% |
| Financial debts | 170/4 | €27,310 | €23,439 | -€3,871 | -14.2% |
| Other amounts payable | 178/9 | - | €64,229 | +€64,229 | |
| Amounts payable within one year | 42/48 | €121,571 | €147,009 | +€25,438 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | - | €3,871 | +€3,871 | |
| Financial debts | 43 | €5,533 | €0 | -€5,533 | -100% |
| Credit institutions | 430/8 | €5,533 | €0 | -€5,533 | -100% |
| Trade debts | 44 | €35,741 | €12,749 | -€22,992 | -64.3% |
| Suppliers | 440/4 | €35,741 | €12,749 | -€22,992 | -64.3% |
| Taxes, remuneration and social security | 45 | €14,501 | €13,537 | -€964 | -6.6% |
| Taxes | 450/3 | €11,770 | €13,537 | +€1,767 | +15.0% |
| Remuneration and social security | 454/9 | €2,731 | €0 | -€2,731 | -100% |
| Other amounts payable | 47/48 | €65,797 | €116,853 | +€51,056 | +77.6% |
| Remuneration, social security and pensions | 62 | €30,487 | €42,572 | +€12,085 | +39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,154 | €14,760 | +€606 | +4.3% |
| Other operating charges | 640/8 | €4,707 | €3,568 | -€1,139 | -24.2% |
| Gross operating margin | 9900 | €54,507 | €47,298 | -€7,210 | -13.2% |
| Operating profit (loss) | 9901 | €5,160 | -€13,602 | -€18,762 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,192 | €5,625 | +€3,434 | +157% |
| Recurring financial charges | 65 | €2,192 | €5,625 | +€3,434 | +157% |
| Profit (loss) for the period before taxes | 9903 | €2,968 | -€19,228 | -€22,196 | |
| Income taxes | 67/77 | €2,651 | €2,965 | +€313 | +11.8% |
| Profit (loss) for the period | 9904 | €317 | -€22,192 | -€22,509 | |
| Profit (loss) for the period to be appropriated | 9905 | €317 | -€22,192 | -€22,509 |
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 15 October 2026 via checked.be.