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.
What changed
Rovetra
NACE 01.610, Support activities for crop production
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€449,835
2023 · -€719,789+€1.2m
Equity
€3.4m
2023 · €3.1m+€372,797
Cash
€560,264
2023 · €611,918-€51,654
Balance sheet total
€9.5m
2023 · €9.9m-€409,405
Largest movements
Assets
- Receivables within one year -€484,525
down €484,525 (-24.3%), from €2.0m to €1.5m
of which Trade receivables: -€473,377
- Tangible fixed assets +€232,286
up €232,286 (+3.4%), from €6.9m to €7.1m
of which Leasing and similar rights: +€296,248
Equity and liabilities
- Trade debts -€703,953
down €703,953 (-28.9%), from €2.4m to €1.7m
- Profit (loss) carried forward +€380,235
up €380,235 (+36.2%), from -€1.1m to -€670,952
- Debts after one year -€136,937
down €136,937 (-5.4%), from €2.5m to €2.4m
Income statement
- Other operating charges -€1.4m
down €1.4m (-96.1%), from €1.5m to €58,531
- Depreciation +€252,987
up €252,987 (+23.0%), from €1.1m to €1.4m
- Staff costs +€83,909
up €83,909 (+2.8%), from €3.0m to €3.1m
- Financial charges +€76,084
up €76,084 (+39.6%), from €192,317 to €268,401
- Gross operating margin +€74,614
up €74,614 (+1.5%), from €5.1m to €5.1m
From the 2023 result to the 2024 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 2023
-€719,789
Gross operating margin
+€74,614
Staff costs
-€83,909
Depreciation
-€252,987
Other operating charges
+€1.4m
Financial income
+€55
Financial charges
-€76,084
Taxes
-€73
Deferred taxes and other
+€77,038
Result 2024
€449,835
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.7m
Investment
-€1.6m
Financing
-€161,819
Cash 2023
€611,918
From operations (derived)
+€1.7m
Net result for the year
+€449,835
Depreciation
+€1.4m
Stocks and contracts
+€89,173
Receivables within one year
+€484,525
Deferred charges and accrued income
+€16,339
Trade debts
-€703,953
Tax, wage and social debts
-€5,480
Other debts
-€22,181
Accrued charges and deferred income
+€34,193
Investment (derived)
-€1.6m
Investment in fixed assets (net)
-€1.6m
Financing
-€161,819
Debts after one year
-€136,937
Current portion of long-term debt
+€69,189
Short-term financial debts
-€17,034
Contributions, distributions and other
-€77,038
Cash 2024
€560,264
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,864,140 | €9,454,734 | -€409,405 | -4.2% |
| Fixed assets | 21/28 | €6,894,567 | €7,126,853 | +€232,286 | +3.4% |
| Tangible fixed assets | 22/27 | €6,887,431 | €7,119,717 | +€232,286 | +3.4% |
| Land and buildings | 22 | €3,536,000 | €3,496,980 | -€39,020 | -1.1% |
| Plant, machinery and equipment | 23 | €23,492 | €21,281 | -€2,212 | -9.4% |
| Furniture and vehicles | 24 | €425,520 | €402,790 | -€22,730 | -5.3% |
| Leasing and similar rights | 25 | €2,902,419 | €3,198,667 | +€296,248 | +10.2% |
| Financial fixed assets | 28 | €7,136 | €7,136 | = | 0.0% |
| Current assets | 29/58 | €2,969,573 | €2,327,881 | -€641,691 | -21.6% |
| Stocks and contracts in progress | 3 | €256,532 | €167,359 | -€89,173 | -34.8% |
| Stocks | 30/36 | €256,532 | €167,359 | -€89,173 | -34.8% |
| Amounts receivable within one year | 40/41 | €1,993,479 | €1,508,953 | -€484,525 | -24.3% |
| Trade receivables | 40 | €1,972,875 | €1,499,497 | -€473,377 | -24.0% |
| Other amounts receivable | 41 | €20,604 | €9,456 | -€11,148 | -54.1% |
| Cash at bank and in hand | 54/58 | €611,918 | €560,264 | -€51,654 | -8.4% |
| Deferred charges and accrued income | 490/1 | €107,644 | €91,305 | -€16,339 | -15.2% |
| Total equity and liabilities | 10/49 | €9,864,140 | €9,454,734 | -€409,405 | -4.2% |
| Equity | 10/15 | €3,061,720 | €3,434,518 | +€372,797 | +12.2% |
| Contributions | 10/11 | €343,390 | €343,390 | = | 0.0% |
| Capital | 10 | €343,390 | €343,390 | = | 0.0% |
| Issued capital | 100 | €343,390 | €343,390 | = | 0.0% |
| Revaluation surpluses | 12 | €2,847,236 | €2,770,198 | -€77,038 | -2.7% |
| Reserves | 13 | €922,282 | €991,882 | +€69,600 | +7.5% |
| Non-distributable reserves | 130/1 | €101,144 | €101,144 | = | 0.0% |
| Legal reserve | 130 | €101,144 | €101,144 | = | 0.0% |
| Tax-exempt reserves | 132 | €774,212 | €843,812 | +€69,600 | +9.0% |
| Distributable reserves | 133 | €46,926 | €46,926 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,051,187 | -€670,952 | +€380,235 | +36.2% |
| Amounts payable | 17/49 | €6,802,419 | €6,020,217 | -€782,202 | -11.5% |
| Amounts payable after more than one year | 17 | €2,518,218 | €2,381,281 | -€136,937 | -5.4% |
| Financial debts | 170/4 | €2,518,218 | €2,381,281 | -€136,937 | -5.4% |
| Amounts payable within one year | 42/48 | €4,209,943 | €3,530,485 | -€679,458 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €1,189,292 | €1,258,482 | +€69,189 | +5.8% |
| Financial debts | 43 | €120,303 | €103,269 | -€17,034 | -14.2% |
| Other loans | 439 | €120,303 | €103,269 | -€17,034 | -14.2% |
| Trade debts | 44 | €2,439,417 | €1,735,465 | -€703,953 | -28.9% |
| Suppliers | 440/4 | €2,439,417 | €1,735,465 | -€703,953 | -28.9% |
| Taxes, remuneration and social security | 45 | €384,355 | €378,875 | -€5,480 | -1.4% |
| Taxes | 450/3 | €41,991 | €27,120 | -€14,871 | -35.4% |
| Remuneration and social security | 454/9 | €342,364 | €351,755 | +€9,391 | +2.7% |
| Other amounts payable | 47/48 | €76,576 | €54,395 | -€22,181 | -29.0% |
| Accrued charges and deferred income | 492/3 | €74,258 | €108,451 | +€34,193 | +46.0% |
| Remuneration, social security and pensions | 62 | €3,009,125 | €3,093,033 | +€83,909 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,100,038 | €1,353,025 | +€252,987 | +23.0% |
| Other operating charges | 640/8 | €1,489,500 | €58,531 | -€1.4m | -96.1% |
| Gross operating margin | 9900 | €5,071,109 | €5,145,723 | +€74,614 | +1.5% |
| Operating profit (loss) | 9901 | -€527,553 | €641,134 | +€1.2m | |
| Financial income | 75/76B | €82 | €137 | +€55 | +67.7% |
| Recurring financial income | 75 | €82 | €137 | +€55 | +67.7% |
| Financial charges | 65/66B | €192,317 | €268,401 | +€76,084 | +39.6% |
| Recurring financial charges | 65 | €192,317 | €268,401 | +€76,084 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | -€719,789 | €372,870 | +€1.1m | |
| Transfer from deferred taxes | 780 | - | €77,038 | +€77,038 | |
| Income taxes | 67/77 | - | €73 | +€73 | |
| Profit (loss) for the period | 9904 | -€719,789 | €449,835 | +€1.2m | |
| Transfer to tax-exempt reserves | 689 | - | €69,600 | +€69,600 | |
| Profit (loss) for the period to be appropriated | 9905 | -€719,789 | €380,235 | +€1.1m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 September 2026 via checked.be.