CHEZ ROSARIO: what changed
CHEZ ROSARIO
Largest movements
- Receivables within one year -€76,752
down €76,752 (-82.8%), from €92,686 to €15,934
of which Trade receivables: -€85,030
- Stocks and contracts +€23,998
new in 2025: €23,998
- Tangible fixed assets -€8,407
down €8,407 (-10.8%), from €78,077 to €69,670
of which Plant, machinery and equipment: -€7,010
- Cash +€6,808
up €6,808 (+760%), from €896 to €7,704
mainly Receivables within one year (+€76,752) and Depreciation (+€15,587)
- Financial fixed assets +€5,841
up €5,841 (+271%), from €2,158 to €7,999
- Other debts -€43,536
no longer reported in 2025 (was €43,536)
- Debts after one year -€11,558
down €11,558 (-25.5%), from €45,402 to €33,844
- Profit (loss) carried forward +€7,720
up €7,720, from -€5,416 to €2,304
- Investment grants -€3,200
down €3,200 (-12.5%), from €25,600 to €22,400
- Tax, wage and social debts +€2,637
up €2,637 (+19.4%), from €13,579 to €16,216
of which Taxes: +€5,921
- Gross operating margin +€18,454
up €18,454 (+13.7%), from €134,886 to €153,340
- Other operating charges +€3,827
up €3,827 (+304%), from €1,259 to €5,086
- Financial income +€2,132
up €2,132 (+66.6%), from €3,200 to €5,332
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 | €174,226 | €129,051 | -€45,175 | -25.9% |
| Fixed assets | 21/28 | €80,235 | €77,669 | -€2,566 | -3.2% |
| Tangible fixed assets | 22/27 | €78,077 | €69,670 | -€8,407 | -10.8% |
| Plant, machinery and equipment | 23 | €23,565 | €16,555 | -€7,010 | -29.7% |
| Furniture and vehicles | 24 | €1,157 | €1,923 | +€766 | +66.2% |
| Other tangible fixed assets | 26 | €53,356 | €51,192 | -€2,164 | -4.1% |
| Financial fixed assets | 28 | €2,158 | €7,999 | +€5,841 | +271% |
| Current assets | 29/58 | €93,991 | €51,382 | -€42,610 | -45.3% |
| Stocks and contracts in progress | 3 | - | €23,998 | +€23,998 | |
| Stocks | 30/36 | - | €23,998 | +€23,998 | |
| Amounts receivable within one year | 40/41 | €92,686 | €15,934 | -€76,752 | -82.8% |
| Trade receivables | 40 | €92,686 | €7,656 | -€85,030 | -91.7% |
| Other amounts receivable | 41 | - | €8,278 | +€8,278 | |
| Cash at bank and in hand | 54/58 | €896 | €7,704 | +€6,808 | +760% |
| Deferred charges and accrued income | 490/1 | €409 | €3,745 | +€3,336 | +815% |
| Total equity and liabilities | 10/49 | €174,226 | €129,051 | -€45,175 | -25.9% |
| Equity | 10/15 | €25,184 | €29,704 | +€4,520 | +17.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,416 | €2,304 | +€7,720 | |
| Investment grants | 15 | €25,600 | €22,400 | -€3,200 | -12.5% |
| Amounts payable | 17/49 | €149,043 | €99,347 | -€49,696 | -33.3% |
| Amounts payable after more than one year | 17 | €45,402 | €33,844 | -€11,558 | -25.5% |
| Financial debts | 170/4 | €45,402 | €33,844 | -€11,558 | -25.5% |
| Amounts payable within one year | 42/48 | €103,640 | €65,503 | -€38,137 | -36.8% |
| Current portion of amounts payable after more than one year | 42 | €11,180 | €11,558 | +€379 | +3.4% |
| Trade debts | 44 | €35,345 | €37,729 | +€2,383 | +6.7% |
| Suppliers | 440/4 | €35,345 | €37,729 | +€2,383 | +6.7% |
| Taxes, remuneration and social security | 45 | €13,579 | €16,216 | +€2,637 | +19.4% |
| Taxes | 450/3 | €6,480 | €12,401 | +€5,921 | +91.4% |
| Remuneration and social security | 454/9 | €7,099 | €3,815 | -€3,285 | -46.3% |
| Other amounts payable | 47/48 | €43,536 | - | -€43,536 | |
| Remuneration, social security and pensions | 62 | €127,007 | €125,517 | -€1,490 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,644 | €15,587 | -€57 | -0.4% |
| Other operating charges | 640/8 | €1,259 | €5,086 | +€3,827 | +304% |
| Gross operating margin | 9900 | €134,886 | €153,340 | +€18,454 | +13.7% |
| Operating profit (loss) | 9901 | -€9,023 | €7,150 | +€16,173 | |
| Financial income | 75/76B | €3,200 | €5,332 | +€2,132 | +66.6% |
| Recurring financial income | 75 | €3,200 | €5,332 | +€2,132 | +66.6% |
| Financial charges | 65/66B | €4,660 | €4,688 | +€28 | +0.6% |
| Recurring financial charges | 65 | €4,660 | €3,888 | -€772 | -16.6% |
| Non-recurring financial charges | 66B | - | €800 | +€800 | |
| Profit (loss) for the period before taxes | 9903 | -€10,483 | €7,794 | +€18,276 | |
| Income taxes | 67/77 | - | €74 | +€74 | |
| Profit (loss) for the period | 9904 | -€10,483 | €7,720 | +€18,203 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,483 | €7,720 | +€18,203 |
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 7 November 2026 via checked.be.