RODE: what changed
RODE
Largest movements
- Cash +€8,372
up €8,372 (+1.8%), from €459,852 to €468,224
mainly Depreciation (+€3,598) and Receivables within one year (+€3,000)
No liability line moved by more than 1% of the balance sheet total.
- Depreciation -€1,761
down €1,761 (-32.9%), from €5,359 to €3,598
- Gross operating margin -€1,299
down €1,299 (-11.9%), from €10,930 to €9,631
- Financial charges +€505
up €505 (+5,050%), from €10 to €515
- Other operating charges +€180
up €180 (+3.1%), from €5,858 to €6,038
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €563,921 | €565,042 | +€1,121 | +0.2% |
| Fixed assets | 21/28 | €99,146 | €95,548 | -€3,598 | -3.6% |
| Tangible fixed assets | 22/27 | €99,146 | €95,548 | -€3,598 | -3.6% |
| Land and buildings | 22 | €99,146 | €95,548 | -€3,598 | -3.6% |
| Current assets | 29/58 | €464,775 | €469,494 | +€4,719 | +1.0% |
| Amounts receivable within one year | 40/41 | €3,000 | - | -€3,000 | |
| Other amounts receivable | 41 | €3,000 | - | -€3,000 | |
| Cash at bank and in hand | 54/58 | €459,852 | €468,224 | +€8,372 | +1.8% |
| Deferred charges and accrued income | 490/1 | €1,923 | €1,270 | -€653 | -34.0% |
| Total equity and liabilities | 10/49 | €563,921 | €565,042 | +€1,121 | +0.2% |
| Equity | 10/15 | €563,921 | €563,401 | -€520 | -0.1% |
| Contributions | 10/11 | €286,500 | €286,500 | = | 0.0% |
| Capital | 10 | €286,500 | €286,500 | = | 0.0% |
| Issued capital | 100 | €286,500 | €286,500 | = | 0.0% |
| Reserves | 13 | €277,421 | €276,901 | -€520 | -0.2% |
| Non-distributable reserves | 130/1 | €28,650 | €28,650 | = | 0.0% |
| Legal reserve | 130 | €28,650 | €28,650 | = | 0.0% |
| Distributable reserves | 133 | €248,771 | €248,251 | -€520 | -0.2% |
| Amounts payable | 17/49 | - | €1,641 | +€1,641 | |
| Amounts payable within one year | 42/48 | - | €1,641 | +€1,641 | |
| Trade debts | 44 | - | €1,641 | +€1,641 | |
| Suppliers | 440/4 | - | €1,641 | +€1,641 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,359 | €3,598 | -€1,761 | -32.9% |
| Other operating charges | 640/8 | €5,858 | €6,038 | +€180 | +3.1% |
| Gross operating margin | 9900 | €10,930 | €9,631 | -€1,299 | -11.9% |
| Operating profit (loss) | 9901 | -€287 | -€5 | +€282 | +98.3% |
| Financial charges | 65/66B | €10 | €515 | +€505 | +5,050% |
| Recurring financial charges | 65 | €10 | €515 | +€505 | +5,050% |
| Profit (loss) for the period before taxes | 9903 | -€297 | -€520 | -€223 | -75.1% |
| Profit (loss) for the period | 9904 | -€297 | -€520 | -€223 | -75.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€297 | -€520 | -€223 | -75.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 May 2025 and 31 May 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.