F & ROSS: 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.
F & ROSS
Largest movements
- Stocks and contracts +€18,130
up €18,130 (+20.9%), from €86,563 to €104,692
- Cash +€7,633
up €7,633 (+83.1%), from €9,189 to €16,822
mainly Net result for the year (+€18,655) and Trade debts (+€8,029)
- Profit (loss) carried forward +€18,655
up €18,655 (+38.8%), from €48,115 to €66,769
- Trade debts +€8,029
up €8,029 (+21.3%), from €37,642 to €45,671
- Tax, wage and social debts -€2,094
down €2,094 (-22.1%), from €9,455 to €7,361
- Gross operating margin +€9,834
up €9,834 (+86.5%), from €11,371 to €21,206
- Taxes -€3,528
down €3,528, from €1,764 to -€1,764
- Other operating charges +€646
up €646 (+273.9%), from €236 to €882
- Financial charges +€388
up €388 (+12.7%), from €3,044 to €3,433
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.
Cash bridge derived
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 | €115,672 | €140,261 | +€24,589 | +21.3% |
| Fixed assets | 21/28 | €1,000 | €1,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €114,672 | €139,261 | +€24,589 | +21.4% |
| Stocks and contracts in progress | 3 | €86,563 | €104,692 | +€18,130 | +20.9% |
| Stocks | 30/36 | €86,563 | €104,692 | +€18,130 | +20.9% |
| Cash at bank and in hand | 54/58 | €9,189 | €16,822 | +€7,633 | +83.1% |
| Deferred charges and accrued income | 490/1 | €18,920 | €17,746 | -€1,174 | -6.2% |
| Total equity and liabilities | 10/49 | €115,672 | €140,261 | +€24,589 | +21.3% |
| Equity | 10/15 | €68,575 | €87,229 | +€18,655 | +27.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,115 | €66,769 | +€18,655 | +38.8% |
| Amounts payable | 17/49 | €47,097 | €53,032 | +€5,935 | +12.6% |
| Amounts payable within one year | 42/48 | €47,097 | €53,032 | +€5,935 | +12.6% |
| Trade debts | 44 | €37,642 | €45,671 | +€8,029 | +21.3% |
| Suppliers | 440/4 | €37,642 | €45,671 | +€8,029 | +21.3% |
| Taxes, remuneration and social security | 45 | €9,455 | €7,361 | -€2,094 | -22.1% |
| Taxes | 450/3 | €9,455 | €7,361 | -€2,094 | -22.1% |
| Other operating charges | 640/8 | €236 | €882 | +€646 | +273.9% |
| Gross operating margin | 9900 | €11,371 | €21,206 | +€9,834 | +86.5% |
| Operating profit (loss) | 9901 | €11,135 | €20,323 | +€9,188 | +82.5% |
| Financial charges | 65/66B | €3,044 | €3,433 | +€388 | +12.7% |
| Recurring financial charges | 65 | €3,044 | €3,433 | +€388 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €8,091 | €16,891 | +€8,800 | +108.8% |
| Income taxes | 67/77 | €1,764 | -€1,764 | -€3,528 | |
| Profit (loss) for the period | 9904 | €6,327 | €18,655 | +€12,327 | +194.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,327 | €18,655 | +€12,327 | +194.8% |
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 10 October 2026 via checked.be.