JOHN AND ROSE: 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.
JOHN AND ROSE
Largest movements
- Receivables within one year +€40,662
up €40,662 (+645%), from €6,305 to €46,968
of which Other amounts receivable: +€38,329
- Cash +€5,630
up €5,630 (+108%), from €5,227 to €10,857
- Intangible fixed assets -€4,400
down €4,400 (-31.6%), from €13,933 to €9,533
- Other debts +€171,535
up €171,535 (+51,624%), from €332 to €171,867
- Profit (loss) carried forward -€137,659
down €137,659 (-558%), from -€24,653 to -€162,312
- Debts after one year -€33,188
down €33,188 (-66.0%), from €50,310 to €17,122
- Tax, wage and social debts +€27,636
up €27,636 (+375%), from €7,371 to €35,007
of which Remuneration and social security: +€21,221
- Trade debts +€19,946
up €19,946 (+647%), from €3,082 to €23,029
- Staff costs +€86,711
up €86,711 (+124%), from €70,049 to €156,761
- Gross operating margin -€10,093
down €10,093 (-10.8%), from €93,168 to €83,074
- Depreciation +€3,356
up €3,356 (+29.0%), from €11,568 to €14,924
- Taxes +€1,386
up €1,386, from -€1,079 to €306
- Other operating charges +€936
up €936 (+129%), from €724 to €1,660
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,728 | €110,865 | +€41,137 | +59.0% |
| Fixed assets | 21/28 | €55,188 | €49,728 | -€5,461 | -9.9% |
| Intangible fixed assets | 21 | €13,933 | €9,533 | -€4,400 | -31.6% |
| Tangible fixed assets | 22/27 | €41,255 | €40,194 | -€1,061 | -2.6% |
| Plant, machinery and equipment | 23 | €14,373 | €22,213 | +€7,840 | +54.6% |
| Furniture and vehicles | 24 | €26,882 | €17,981 | -€8,901 | -33.1% |
| Current assets | 29/58 | €14,540 | €61,138 | +€46,598 | +320% |
| Stocks and contracts in progress | 3 | €1,596 | €2,249 | +€653 | +40.9% |
| Stocks | 30/36 | €1,596 | €2,249 | +€653 | +40.9% |
| Amounts receivable within one year | 40/41 | €6,305 | €46,968 | +€40,662 | +645% |
| Trade receivables | 40 | €3,469 | €5,802 | +€2,333 | +67.3% |
| Other amounts receivable | 41 | €2,836 | €41,165 | +€38,329 | +1,351% |
| Cash at bank and in hand | 54/58 | €5,227 | €10,857 | +€5,630 | +108% |
| Deferred charges and accrued income | 490/1 | €1,412 | €1,064 | -€348 | -24.6% |
| Total equity and liabilities | 10/49 | €69,728 | €110,865 | +€41,137 | +59.0% |
| Equity | 10/15 | -€4,193 | -€141,852 | -€137,659 | -3,283% |
| 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 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€24,653 | -€162,312 | -€137,659 | -558% |
| Amounts payable | 17/49 | €73,922 | €252,717 | +€178,796 | +242% |
| Amounts payable after more than one year | 17 | €50,310 | €17,122 | -€33,188 | -66.0% |
| Financial debts | 170/4 | €50,310 | €17,122 | -€33,188 | -66.0% |
| Amounts payable within one year | 42/48 | €23,611 | €233,296 | +€209,684 | +888% |
| Current portion of amounts payable after more than one year | 42 | €12,781 | €3,393 | -€9,388 | -73.5% |
| Financial debts | 43 | €45 | - | -€45 | |
| Credit institutions | 430/8 | €45 | - | -€45 | |
| Trade debts | 44 | €3,082 | €23,029 | +€19,946 | +647% |
| Suppliers | 440/4 | €3,082 | €23,029 | +€19,946 | +647% |
| Taxes, remuneration and social security | 45 | €7,371 | €35,007 | +€27,636 | +375% |
| Taxes | 450/3 | €115 | €6,529 | +€6,414 | +5,579% |
| Remuneration and social security | 454/9 | €7,256 | €28,477 | +€21,221 | +292% |
| Other amounts payable | 47/48 | €332 | €171,867 | +€171,535 | +51,624% |
| Accrued charges and deferred income | 492/3 | - | €2,300 | +€2,300 | |
| Non-recurring operating income | 76A | €1,902 | €878 | -€1,024 | -53.8% |
| Remuneration, social security and pensions | 62 | €70,049 | €156,761 | +€86,711 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,568 | €14,924 | +€3,356 | +29.0% |
| Other operating charges | 640/8 | €724 | €1,660 | +€936 | +129% |
| Gross operating margin | 9900 | €93,168 | €83,074 | -€10,093 | -10.8% |
| Operating profit (loss) | 9901 | €10,826 | -€90,270 | -€101,097 | |
| Financial income | 75/76B | €181 | €58 | -€123 | -67.9% |
| Recurring financial income | 75 | €148 | €58 | -€90 | -60.6% |
| Non-recurring financial income | 76B | €33 | - | -€33 | |
| Financial charges | 65/66B | €2,860 | €3,485 | +€625 | +21.9% |
| Recurring financial charges | 65 | €2,260 | €2,096 | -€164 | -7.3% |
| Non-recurring financial charges | 66B | €600 | €1,389 | +€789 | +132% |
| Profit (loss) for the period before taxes | 9903 | €8,148 | -€93,697 | -€101,845 | |
| Income taxes | 67/77 | -€1,079 | €306 | +€1,386 | |
| Profit (loss) for the period | 9904 | €9,227 | -€94,003 | -€103,230 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,227 | -€94,003 | -€103,230 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.