ROPEC: what changed
ROPEC
Largest movements
- Cash +€18,692
up €18,692 (+108%), from €17,269 to €35,961
mainly Net result for the year (+€32,865) and Depreciation (+€18,383)
- Tangible fixed assets -€6,965
down €6,965 (-12.1%), from €57,479 to €50,514
of which Furniture and vehicles: -€12,703
- Profit (loss) carried forward +€32,865
up €32,865 (+78.1%), from €42,083 to €74,949
- Other debts -€20,063
down €20,063 (-62.1%), from €32,307 to €12,244
- Accrued charges and deferred income -€2,460
down €2,460 (-58.3%), from €4,221 to €1,761
- Trade debts +€1,560
up €1,560 (+64.1%), from €2,436 to €3,997
- Gross operating margin -€10,147
down €10,147 (-14.2%), from €71,673 to €61,526
- Depreciation +€4,221
up €4,221 (+29.8%), from €14,161 to €18,383
- Taxes -€2,609
down €2,609 (-24.7%), from €10,569 to €7,959
- Financial charges -€2,459
down €2,459 (-57.2%), from €4,301 to €1,842
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 | €97,182 | €109,023 | +€11,841 | +12.2% |
| Fixed assets | 21/28 | €57,479 | €50,514 | -€6,965 | -12.1% |
| Tangible fixed assets | 22/27 | €57,479 | €50,514 | -€6,965 | -12.1% |
| Plant, machinery and equipment | 23 | - | €6,834 | +€6,834 | |
| Furniture and vehicles | 24 | €52,186 | €39,483 | -€12,703 | -24.3% |
| Other tangible fixed assets | 26 | €5,293 | €4,197 | -€1,095 | -20.7% |
| Current assets | 29/58 | €39,703 | €58,509 | +€18,806 | +47.4% |
| Amounts receivable within one year | 40/41 | €22,435 | €21,506 | -€929 | -4.1% |
| Trade receivables | 40 | €22,434 | €21,505 | -€929 | -4.1% |
| Other amounts receivable | 41 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,269 | €35,961 | +€18,692 | +108% |
| Deferred charges and accrued income | 490/1 | - | €1,043 | +€1,043 | |
| Total equity and liabilities | 10/49 | €97,182 | €109,023 | +€11,841 | +12.2% |
| Equity | 10/15 | €44,583 | €77,449 | +€32,865 | +73.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,083 | €74,949 | +€32,865 | +78.1% |
| Amounts payable | 17/49 | €52,599 | €31,575 | -€21,024 | -40.0% |
| Amounts payable within one year | 42/48 | €48,378 | €29,813 | -€18,564 | -38.4% |
| Trade debts | 44 | €2,436 | €3,997 | +€1,560 | +64.1% |
| Suppliers | 440/4 | €2,436 | €3,997 | +€1,560 | +64.1% |
| Taxes, remuneration and social security | 45 | €13,635 | €13,573 | -€62 | -0.5% |
| Taxes | 450/3 | €13,635 | €13,573 | -€62 | -0.5% |
| Other amounts payable | 47/48 | €32,307 | €12,244 | -€20,063 | -62.1% |
| Accrued charges and deferred income | 492/3 | €4,221 | €1,761 | -€2,460 | -58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,161 | €18,383 | +€4,221 | +29.8% |
| Other operating charges | 640/8 | €573 | €544 | -€29 | -5.1% |
| Gross operating margin | 9900 | €71,673 | €61,526 | -€10,147 | -14.2% |
| Operating profit (loss) | 9901 | €56,939 | €42,600 | -€14,339 | -25.2% |
| Financial income | 75/76B | €14 | €66 | +€52 | +373% |
| Recurring financial income | 75 | €14 | €66 | +€52 | +373% |
| Financial charges | 65/66B | €4,301 | €1,842 | -€2,459 | -57.2% |
| Recurring financial charges | 65 | €4,301 | €1,842 | -€2,459 | -57.2% |
| Profit (loss) for the period before taxes | 9903 | €52,652 | €40,824 | -€11,828 | -22.5% |
| Income taxes | 67/77 | €10,569 | €7,959 | -€2,609 | -24.7% |
| Profit (loss) for the period | 9904 | €42,083 | €32,865 | -€9,218 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,083 | €32,865 | -€9,218 | -21.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.