HOLDING ROSA: 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.
HOLDING ROSA
Largest movements
- Tangible fixed assets -€21,995
down €21,995 (-3.7%), from €602,050 to €580,055
of which Land and buildings: -€17,740
- Debts after one year -€66,173
down €66,173 (-16.6%), from €397,835 to €331,662
- Other debts +€39,047
up €39,047 (+12.0%), from €326,656 to €365,704
- Gross operating margin -€4,309
down €4,309 (-7.6%), from €56,470 to €52,161
- Financial charges -€1,785
down €1,785 (-7.6%), from €23,606 to €21,821
- Taxes -€661
down €661 (-31.4%), from €2,104 to €1,443
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 | €881,000 | €861,418 | -€19,582 | -2.2% |
| Fixed assets | 21/28 | €804,050 | €782,055 | -€21,995 | -2.7% |
| Tangible fixed assets | 22/27 | €602,050 | €580,055 | -€21,995 | -3.7% |
| Land and buildings | 22 | €584,749 | €567,009 | -€17,740 | -3.0% |
| Plant, machinery and equipment | 23 | €17,301 | €13,046 | -€4,255 | -24.6% |
| Financial fixed assets | 28 | €202,000 | €202,000 | = | 0.0% |
| Current assets | 29/58 | €76,950 | €79,363 | +€2,413 | +3.1% |
| Amounts receivable within one year | 40/41 | €76,783 | €76,783 | = | 0.0% |
| Trade receivables | 40 | €18,547 | €18,547 | = | 0.0% |
| Other amounts receivable | 41 | €58,236 | €58,236 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €167 | €2,580 | +€2,413 | +1,442% |
| Total equity and liabilities | 10/49 | €881,000 | €861,418 | -€19,582 | -2.2% |
| Equity | 10/15 | €80,582 | €85,739 | +€5,157 | +6.4% |
| Contributions | 10/11 | €32,374 | €32,374 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,207 | €53,365 | +€5,157 | +10.7% |
| Amounts payable | 17/49 | €800,419 | €775,679 | -€24,740 | -3.1% |
| Amounts payable after more than one year | 17 | €397,835 | €331,662 | -€66,173 | -16.6% |
| Financial debts | 170/4 | €397,835 | €331,662 | -€66,173 | -16.6% |
| Amounts payable within one year | 42/48 | €402,584 | €444,017 | +€41,433 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €69,318 | €68,102 | -€1,216 | -1.8% |
| Trade debts | 44 | €131 | €2,259 | +€2,128 | +1,631% |
| Suppliers | 440/4 | €131 | €2,259 | +€2,128 | +1,631% |
| Taxes, remuneration and social security | 45 | €6,478 | €7,952 | +€1,474 | +22.8% |
| Taxes | 450/3 | €6,478 | €7,952 | +€1,474 | +22.8% |
| Other amounts payable | 47/48 | €326,656 | €365,704 | +€39,047 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,460 | €21,995 | +€535 | +2.5% |
| Other operating charges | 640/8 | €2,038 | €1,745 | -€293 | -14.4% |
| Gross operating margin | 9900 | €56,470 | €52,161 | -€4,309 | -7.6% |
| Operating profit (loss) | 9901 | €32,972 | €28,421 | -€4,550 | -13.8% |
| Financial income | 75/76B | €8 | €0 | -€7 | -95.9% |
| Recurring financial income | 75 | €8 | €0 | -€7 | -95.9% |
| Financial charges | 65/66B | €23,606 | €21,821 | -€1,785 | -7.6% |
| Recurring financial charges | 65 | €23,606 | €21,821 | -€1,785 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €9,373 | €6,600 | -€2,773 | -29.6% |
| Income taxes | 67/77 | €2,104 | €1,443 | -€661 | -31.4% |
| Profit (loss) for the period | 9904 | €7,269 | €5,157 | -€2,111 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,269 | €5,157 | -€2,111 | -29.0% |
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 14 October 2026 via checked.be.