Dr. E. Rossey: 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.
Dr. E. Rossey
Largest movements
- Current investments +€64,105
up €64,105 (+800%), from €8,015 to €72,120
- Tangible fixed assets -€8,820
down €8,820 (-29.3%), from €30,132 to €21,312
- Cash -€6,990
down €6,990 (-7.3%), from €95,332 to €88,342
mainly Other debts (-€150,353) and Current investments (-€64,105)
- Deferred charges and accrued income -€3,948
down €3,948 (-40.9%), from €9,659 to €5,711
- Receivables within one year +€2,674
up €2,674 (+5.1%), from €52,630 to €55,303
of which Other amounts receivable: +€20,342
- Reserves +€174,671
up €174,671, from €0 to €174,671
- Other debts -€150,353
down €150,353 (-100.0%), from €150,356 to €3
- Tax, wage and social debts +€23,045
up €23,045 (+136%), from €16,896 to €39,941
of which Taxes: +€19,200
- Debts after one year -€9,222
down €9,222 (-49.7%), from €18,569 to €9,347
- Accrued charges and deferred income +€6,249
up €6,249 (+30,232%), from €21 to €6,270
- Gross operating margin +€112,373
up €112,373 (+60.7%), from €185,062 to €297,435
- Staff costs +€29,024
up €29,024 (+97.4%), from €29,790 to €58,814
- Taxes +€21,888
up €21,888 (+67.2%), from €32,577 to €54,465
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 | €195,768 | €242,788 | +€47,020 | +24.0% |
| Fixed assets | 21/28 | €30,132 | €21,312 | -€8,820 | -29.3% |
| Tangible fixed assets | 22/27 | €30,132 | €21,312 | -€8,820 | -29.3% |
| Furniture and vehicles | 24 | €30,132 | €21,312 | -€8,820 | -29.3% |
| Current assets | 29/58 | €165,636 | €221,476 | +€55,841 | +33.7% |
| Amounts receivable within one year | 40/41 | €52,630 | €55,303 | +€2,674 | +5.1% |
| Trade receivables | 40 | €47,287 | €29,619 | -€17,668 | -37.4% |
| Other amounts receivable | 41 | €5,343 | €25,684 | +€20,342 | +381% |
| Current investments | 50/53 | €8,015 | €72,120 | +€64,105 | +800% |
| Cash at bank and in hand | 54/58 | €95,332 | €88,342 | -€6,990 | -7.3% |
| Deferred charges and accrued income | 490/1 | €9,659 | €5,711 | -€3,948 | -40.9% |
| Total equity and liabilities | 10/49 | €195,768 | €242,788 | +€47,020 | +24.0% |
| Equity | 10/15 | €1 | €174,672 | +€174,671 | +17,467,075% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €0 | €174,671 | +€174,671 | |
| Distributable reserves | 133 | €0 | €174,671 | +€174,671 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €195,767 | €68,116 | -€127,650 | -65.2% |
| Amounts payable after more than one year | 17 | €18,569 | €9,347 | -€9,222 | -49.7% |
| Financial debts | 170/4 | €18,569 | €9,347 | -€9,222 | -49.7% |
| Amounts payable within one year | 42/48 | €177,177 | €52,499 | -€124,678 | -70.4% |
| Current portion of amounts payable after more than one year | 42 | €9,098 | €9,222 | +€124 | +1.4% |
| Trade debts | 44 | €827 | €3,333 | +€2,507 | +303% |
| Suppliers | 440/4 | €827 | €3,333 | +€2,507 | +303% |
| Taxes, remuneration and social security | 45 | €16,896 | €39,941 | +€23,045 | +136% |
| Taxes | 450/3 | €6,994 | €26,194 | +€19,200 | +275% |
| Remuneration and social security | 454/9 | €9,902 | €13,747 | +€3,845 | +38.8% |
| Other amounts payable | 47/48 | €150,356 | €3 | -€150,353 | -100.0% |
| Accrued charges and deferred income | 492/3 | €21 | €6,270 | +€6,249 | +30,232% |
| Non-recurring operating income | 76A | - | €690 | +€690 | |
| Remuneration, social security and pensions | 62 | €29,790 | €58,814 | +€29,024 | +97.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,029 | €10,219 | +€190 | +1.9% |
| Other operating charges | 640/8 | €439 | €903 | +€464 | +106% |
| Gross operating margin | 9900 | €185,062 | €297,435 | +€112,373 | +60.7% |
| Operating profit (loss) | 9901 | €144,803 | €227,498 | +€82,695 | +57.1% |
| Financial income | 75/76B | €1,948 | €2,113 | +€164 | +8.4% |
| Recurring financial income | 75 | €1,948 | €2,113 | +€164 | +8.4% |
| Financial charges | 65/66B | €563 | €475 | -€88 | -15.6% |
| Recurring financial charges | 65 | €563 | €475 | -€88 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €146,188 | €229,136 | +€82,947 | +56.7% |
| Income taxes | 67/77 | €32,577 | €54,465 | +€21,888 | +67.2% |
| Profit (loss) for the period | 9904 | €113,612 | €174,671 | +€61,059 | +53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €113,612 | €174,671 | +€61,059 | +53.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.