ROFERRE: what changed
ROFERRE
Largest movements
- Financial fixed assets +€522,236
up €522,236 (+321%), from €162,764 to €685,000
- Receivables within one year +€39,929
up €39,929 (+1,102%), from €3,624 to €43,553
- Cash -€8,765
down €8,765 (-94.8%), from €9,250 to €485
mainly Investment in fixed assets (net) (-€522,236) and Contributions, distributions and other (-€475,000)
- Reserves +€518,544
up €518,544 (+298%), from €173,725 to €692,269
- Tax, wage and social debts +€32,943
new in 2025: €32,943
- Profit (loss) carried forward +€7,471
no longer reported in 2025 (was -€7,471)
- Financial income +€1.0m
up €1.0m (+730,486%), from €142 to €1.0m
- Taxes +€32,943
new in 2025: €32,943
- Gross operating margin +€3,936
up €3,936 (+60.4%), from -€6,518 to -€2,582
- Financial charges -€215
down €215 (-39.3%), from €548 to €333
- Other operating charges +€84
up €84 (+15.4%), from €548 to €632
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,638 | €729,038 | +€553,400 | +315% |
| Fixed assets | 21/28 | €162,764 | €685,000 | +€522,236 | +321% |
| Financial fixed assets | 28 | €162,764 | €685,000 | +€522,236 | +321% |
| Current assets | 29/58 | €12,874 | €44,038 | +€31,164 | +242% |
| Amounts receivable within one year | 40/41 | €3,624 | €43,553 | +€39,929 | +1,102% |
| Other amounts receivable | 41 | €3,624 | €43,553 | +€39,929 | +1,102% |
| Cash at bank and in hand | 54/58 | €9,250 | €485 | -€8,765 | -94.8% |
| Total equity and liabilities | 10/49 | €175,638 | €729,038 | +€553,400 | +315% |
| Equity | 10/15 | €168,753 | €694,769 | +€526,015 | +312% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €173,725 | €692,269 | +€518,544 | +298% |
| Distributable reserves | 133 | €173,725 | €692,269 | +€518,544 | +298% |
| Profit (loss) carried forward | 14 | -€7,471 | - | +€7,471 | |
| Amounts payable | 17/49 | €6,884 | €34,269 | +€27,385 | +398% |
| Amounts payable within one year | 42/48 | €2,194 | €33,390 | +€31,195 | +1,422% |
| Trade debts | 44 | €2,194 | €446 | -€1,748 | -79.7% |
| Suppliers | 440/4 | €2,194 | €446 | -€1,748 | -79.7% |
| Taxes, remuneration and social security | 45 | - | €32,943 | +€32,943 | |
| Taxes | 450/3 | - | €32,943 | +€32,943 | |
| Accrued charges and deferred income | 492/3 | €4,690 | €879 | -€3,811 | -81.2% |
| Other operating charges | 640/8 | €548 | €632 | +€84 | +15.4% |
| Gross operating margin | 9900 | -€6,518 | -€2,582 | +€3,936 | +60.4% |
| Operating profit (loss) | 9901 | -€7,065 | -€3,214 | +€3,852 | +54.5% |
| Financial income | 75/76B | €142 | €1,037,505 | +€1.0m | +730,486% |
| Recurring financial income | 75 | €142 | €1,037,505 | +€1.0m | +730,486% |
| Financial charges | 65/66B | €548 | €333 | -€215 | -39.3% |
| Recurring financial charges | 65 | €548 | €333 | -€215 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,471 | €1,033,958 | +€1.0m | |
| Income taxes | 67/77 | - | €32,943 | +€32,943 | |
| Profit (loss) for the period | 9904 | -€7,471 | €1,001,015 | +€1.0m | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,471 | €1,001,015 | +€1.0m |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.