BROUWERIJ 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.
BROUWERIJ ROSSEEL
Largest movements
- Cash +€68,321
up €68,321 (+189%), from €36,145 to €104,466
mainly Net result for the year (+€163,753) and Depreciation (+€41,719)
- Tangible fixed assets -€34,230
down €34,230 (-20.2%), from €169,439 to €135,209
- Stocks and contracts +€22,926
up €22,926 (+3.6%), from €639,557 to €662,484
- Deferred charges and accrued income -€21,748
down €21,748 (-55.2%), from €39,369 to €17,621
- Reserves +€163,753
up €163,753 (+39.9%), from €410,092 to €573,845
of which Distributable reserves: +€163,753
- Trade debts -€101,637
down €101,637 (-28.8%), from €352,362 to €250,726
- Debts after one year -€30,013
down €30,013 (-9.2%), from €326,906 to €296,894
- Other debts +€22,510
up €22,510 (+6.7%), from €333,899 to €356,408
- Staff costs -€76,248
down €76,248 (-28.1%), from €271,507 to €195,258
- Gross operating margin +€62,745
up €62,745 (+16.4%), from €381,552 to €444,296
- Financial charges -€18,274
down €18,274 (-31.9%), from €57,311 to €39,037
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 | €1,984,451 | €2,032,976 | +€48,525 | +2.4% |
| Fixed assets | 21/28 | €213,029 | €173,299 | -€39,730 | -18.6% |
| Intangible fixed assets | 21 | €6,588 | €5,588 | -€1,000 | -15.2% |
| Tangible fixed assets | 22/27 | €169,439 | €135,209 | -€34,230 | -20.2% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €18,479 | €11,852 | -€6,628 | -35.9% |
| Furniture and vehicles | 24 | €63,424 | €52,077 | -€11,347 | -17.9% |
| Other tangible fixed assets | 26 | €87,536 | €71,281 | -€16,255 | -18.6% |
| Financial fixed assets | 28 | €37,002 | €32,502 | -€4,500 | -12.2% |
| Current assets | 29/58 | €1,771,422 | €1,859,676 | +€88,254 | +5.0% |
| Stocks and contracts in progress | 3 | €639,557 | €662,484 | +€22,926 | +3.6% |
| Stocks | 30/36 | €639,557 | €662,484 | +€22,926 | +3.6% |
| Amounts receivable within one year | 40/41 | €1,056,350 | €1,075,105 | +€18,755 | +1.8% |
| Trade receivables | 40 | €1,048,790 | €1,059,710 | +€10,920 | +1.0% |
| Other amounts receivable | 41 | €7,560 | €15,395 | +€7,835 | +104% |
| Cash at bank and in hand | 54/58 | €36,145 | €104,466 | +€68,321 | +189% |
| Deferred charges and accrued income | 490/1 | €39,369 | €17,621 | -€21,748 | -55.2% |
| Total equity and liabilities | 10/49 | €1,984,451 | €2,032,976 | +€48,525 | +2.4% |
| Equity | 10/15 | €472,092 | €635,845 | +€163,753 | +34.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €410,092 | €573,845 | +€163,753 | +39.9% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €372,592 | €536,345 | +€163,753 | +43.9% |
| Provisions and deferred taxes | 16 | €182,882 | €182,882 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €182,882 | €182,882 | = | 0.0% |
| Pensions and similar obligations | 160 | €182,882 | €182,882 | = | 0.0% |
| Amounts payable | 17/49 | €1,329,476 | €1,214,248 | -€115,228 | -8.7% |
| Amounts payable after more than one year | 17 | €326,906 | €296,894 | -€30,013 | -9.2% |
| Financial debts | 170/4 | €326,906 | €296,894 | -€30,013 | -9.2% |
| Amounts payable within one year | 42/48 | €987,877 | €902,636 | -€85,241 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €29,146 | €30,013 | +€866 | +3.0% |
| Financial debts | 43 | €250,000 | €250,962 | +€962 | +0.4% |
| Credit institutions | 430/8 | €250,000 | €250,962 | +€962 | +0.4% |
| Trade debts | 44 | €352,362 | €250,726 | -€101,637 | -28.8% |
| Suppliers | 440/4 | €352,362 | €250,726 | -€101,637 | -28.8% |
| Taxes, remuneration and social security | 45 | €22,470 | €14,527 | -€7,943 | -35.3% |
| Taxes | 450/3 | €7,316 | €8,214 | +€898 | +12.3% |
| Remuneration and social security | 454/9 | €15,154 | €6,313 | -€8,841 | -58.3% |
| Other amounts payable | 47/48 | €333,899 | €356,408 | +€22,510 | +6.7% |
| Accrued charges and deferred income | 492/3 | €14,693 | €14,718 | +€26 | +0.2% |
| Remuneration, social security and pensions | 62 | €271,507 | €195,258 | -€76,248 | -28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,733 | €41,719 | -€14 | 0.0% |
| Other operating charges | 640/8 | €5,117 | €4,047 | -€1,070 | -20.9% |
| Gross operating margin | 9900 | €381,552 | €444,296 | +€62,745 | +16.4% |
| Operating profit (loss) | 9901 | €63,196 | €203,272 | +€140,076 | +222% |
| Financial income | 75/76B | €718 | €372 | -€346 | -48.2% |
| Recurring financial income | 75 | €15 | €172 | +€156 | +1,013% |
| Non-recurring financial income | 76B | €702 | €200 | -€502 | -71.5% |
| Financial charges | 65/66B | €57,311 | €39,037 | -€18,274 | -31.9% |
| Recurring financial charges | 65 | €57,311 | €39,037 | -€18,274 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €6,603 | €164,607 | +€158,004 | +2,393% |
| Income taxes | 67/77 | €867 | €854 | -€13 | -1.5% |
| Profit (loss) for the period | 9904 | €5,736 | €163,753 | +€158,017 | +2,755% |
| Profit (loss) for the period to be appropriated | 9905 | €5,736 | €163,753 | +€158,017 | +2,755% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.