Aleja Rosseel: 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.
Aleja Rosseel
Largest movements
- Tangible fixed assets -€2.9m
down €2.9m (-94.4%), from €3.1m to €171,628
of which Land and buildings: -€2.8m
- Cash +€998,990
up €998,990 (+13,023%), from €7,671 to €1.0m
mainly Investment in fixed assets (net) (+€2.8m) and Net result for the year (+€977,317)
- Stocks and contracts -€148,319
down €148,319 (-14.6%), from €1.0m to €864,675
- Revaluation surpluses -€2.3m
down €2.3m (-100%), from €2.3m to €0
- Debts after one year -€672,019
down €672,019 (-66.8%), from €1.0m to €333,952
- Profit (loss) carried forward +€583,860
up €583,860, from -€583,860 to €0
- Reserves +€393,457
up €393,457 (+50.4%), from €780,389 to €1.2m
of which Distributable reserves: +€393,457
- Tax, wage and social debts +€148,726
up €148,726 (+550%), from €27,018 to €175,744
of which Taxes: +€143,641
- Gross operating margin +€1.5m
up €1.5m (+763%), from €201,123 to €1.7m
- Taxes +€115,718
up €115,718 (+23,030%), from €502 to €116,221
- Depreciation -€102,310
down €102,310 (-52.6%), from €194,676 to €92,366
- Staff costs -€30,043
down €30,043 (-7.3%), from €414,010 to €383,966
- Write-downs -€18,492
down €18,492 (-91.3%), from €20,260 to €1,769
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 | €4,384,844 | €2,382,115 | -€2.0m | -45.7% |
| Fixed assets | 21/28 | €3,132,794 | €255,042 | -€2.9m | -91.9% |
| Intangible fixed assets | 21 | €72,054 | €41,136 | -€30,918 | -42.9% |
| Tangible fixed assets | 22/27 | €3,060,605 | €171,628 | -€2.9m | -94.4% |
| Land and buildings | 22 | €2,823,718 | €7,790 | -€2.8m | -99.7% |
| Plant, machinery and equipment | 23 | €132,063 | €60,232 | -€71,831 | -54.4% |
| Furniture and vehicles | 24 | €104,824 | €73,934 | -€30,890 | -29.5% |
| Leasing and similar rights | 25 | - | €29,673 | +€29,673 | |
| Financial fixed assets | 28 | €135 | €42,278 | +€42,143 | +31,217% |
| Current assets | 29/58 | €1,252,050 | €2,127,073 | +€875,023 | +69.9% |
| Stocks and contracts in progress | 3 | €1,012,993 | €864,675 | -€148,319 | -14.6% |
| Stocks | 30/36 | €1,012,993 | €864,675 | -€148,319 | -14.6% |
| Amounts receivable within one year | 40/41 | €224,520 | €241,341 | +€16,821 | +7.5% |
| Trade receivables | 40 | €221,788 | €239,025 | +€17,237 | +7.8% |
| Other amounts receivable | 41 | €2,732 | €2,316 | -€416 | -15.2% |
| Cash at bank and in hand | 54/58 | €7,671 | €1,006,661 | +€998,990 | +13,023% |
| Deferred charges and accrued income | 490/1 | €6,865 | €14,396 | +€7,531 | +110% |
| Total equity and liabilities | 10/49 | €4,384,844 | €2,382,115 | -€2.0m | -45.7% |
| Equity | 10/15 | €2,620,993 | €1,273,847 | -€1.3m | -51.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €2,324,463 | €0 | -€2.3m | -100% |
| Reserves | 13 | €780,389 | €1,173,847 | +€393,457 | +50.4% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,675 | €31,675 | = | 0.0% |
| Distributable reserves | 133 | €738,715 | €1,132,172 | +€393,457 | +53.3% |
| Profit (loss) carried forward | 14 | -€583,860 | €0 | +€583,860 | |
| Amounts payable | 17/49 | €1,763,851 | €1,108,268 | -€655,583 | -37.2% |
| Amounts payable after more than one year | 17 | €1,005,972 | €333,952 | -€672,019 | -66.8% |
| Financial debts | 170/4 | €1,005,972 | €333,952 | -€672,019 | -66.8% |
| Amounts payable within one year | 42/48 | €746,969 | €774,316 | +€27,347 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €176,747 | €36,731 | -€140,015 | -79.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €543,205 | €498,954 | -€44,251 | -8.1% |
| Suppliers | 440/4 | €543,205 | €498,954 | -€44,251 | -8.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €27,018 | €175,744 | +€148,726 | +550% |
| Taxes | 450/3 | €2,469 | €146,110 | +€143,641 | +5,817% |
| Remuneration and social security | 454/9 | €24,548 | €29,634 | +€5,085 | +20.7% |
| Other amounts payable | 47/48 | - | €62,886 | +€62,886 | |
| Accrued charges and deferred income | 492/3 | €10,911 | €0 | -€10,911 | -100% |
| Non-recurring operating income | 76A | €2,698 | €1,545,229 | +€1.5m | +57,169% |
| Remuneration, social security and pensions | 62 | €414,010 | €383,966 | -€30,043 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €194,676 | €92,366 | -€102,310 | -52.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €20,260 | €1,769 | -€18,492 | -91.3% |
| Other operating charges | 640/8 | €27,216 | €36,427 | +€9,210 | +33.8% |
| Non-recurring operating charges | 66A | €9,798 | €96,987 | +€87,189 | +890% |
| Gross operating margin | 9900 | €201,123 | €1,735,364 | +€1.5m | +763% |
| Operating profit (loss) | 9901 | -€464,837 | €1,123,850 | +€1.6m | |
| Financial income | 75/76B | €4,100 | €5,746 | +€1,646 | +40.1% |
| Recurring financial income | 75 | €4,100 | €5,746 | +€1,646 | +40.1% |
| Financial charges | 65/66B | €39,454 | €36,058 | -€3,397 | -8.6% |
| Recurring financial charges | 65 | €39,454 | €36,058 | -€3,397 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | -€500,191 | €1,093,538 | +€1.6m | |
| Income taxes | 67/77 | €502 | €116,221 | +€115,718 | +23,030% |
| Profit (loss) for the period | 9904 | -€500,694 | €977,317 | +€1.5m | |
| Profit (loss) for the period to be appropriated | 9905 | -€500,694 | €977,317 | +€1.5m |
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 17 October 2026 via checked.be.