Le Roseau: 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.
Le Roseau
Largest movements
- Receivables within one year +€179,257
up €179,257 (+195%), from €92,021 to €271,278
of which Trade receivables: +€180,005
- Tangible fixed assets -€140,633
down €140,633 (-4.0%), from €3.5m to €3.4m
of which Land and buildings: -€114,627
- Cash +€82,643
up €82,643 (+213%), from €38,799 to €121,442
mainly Trade debts (+€194,100) and Depreciation (+€148,339)
- Trade debts +€194,100
up €194,100 (+418%), from €46,398 to €240,497
- Debts after one year -€127,291
down €127,291 (-4.9%), from €2.6m to €2.5m
- Profit (loss) carried forward +€48,202
up €48,202 (+16.1%), from €300,137 to €348,339
- Purchases and services +€75,189
up €75,189 (+13.2%), from €569,923 to €645,111
- Gross operating margin -€62,970
down €62,970 (-15.9%), from €395,615 to €332,646
- Turnover +€49,328
up €49,328 (+7.2%), from €689,809 to €739,137
- Other operating charges -€35,496
down €35,496 (-35.5%), from €99,888 to €64,392
- Depreciation -€10,118
down €10,118 (-6.4%), from €158,457 to €148,339
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 | €3,698,124 | €3,813,051 | +€114,927 | +3.1% |
| Fixed assets | 21/28 | €3,564,993 | €3,418,304 | -€146,689 | -4.1% |
| Intangible fixed assets | 21 | €23,764 | €17,709 | -€6,056 | -25.5% |
| Tangible fixed assets | 22/27 | €3,538,418 | €3,397,784 | -€140,633 | -4.0% |
| Land and buildings | 22 | €3,408,933 | €3,294,306 | -€114,627 | -3.4% |
| Plant, machinery and equipment | 23 | €26,730 | €20,550 | -€6,179 | -23.1% |
| Furniture and vehicles | 24 | €102,755 | €82,928 | -€19,827 | -19.3% |
| Financial fixed assets | 28 | €2,811 | €2,811 | = | 0.0% |
| Current assets | 29/58 | €133,132 | €394,748 | +€261,616 | +197% |
| Amounts receivable within one year | 40/41 | €92,021 | €271,278 | +€179,257 | +195% |
| Trade receivables | 40 | €73,464 | €253,469 | +€180,005 | +245% |
| Other amounts receivable | 41 | €18,557 | €17,809 | -€748 | -4.0% |
| Cash at bank and in hand | 54/58 | €38,799 | €121,442 | +€82,643 | +213% |
| Deferred charges and accrued income | 490/1 | €2,311 | €2,027 | -€284 | -12.3% |
| Total equity and liabilities | 10/49 | €3,698,124 | €3,813,051 | +€114,927 | +3.1% |
| Equity | 10/15 | €940,167 | €987,806 | +€47,639 | +5.1% |
| Reserves | 13 | €633,838 | €633,838 | = | 0.0% |
| Profit (loss) carried forward | 14 | €300,137 | €348,339 | +€48,202 | +16.1% |
| Investment grants | 15 | €6,192 | €5,629 | -€563 | -9.1% |
| Amounts payable | 17/49 | €2,757,958 | €2,825,245 | +€67,288 | +2.4% |
| Amounts payable after more than one year | 17 | €2,578,039 | €2,450,748 | -€127,291 | -4.9% |
| Financial debts | 170/4 | €2,578,039 | €2,450,748 | -€127,291 | -4.9% |
| Amounts payable within one year | 42/48 | €173,637 | €373,524 | +€199,888 | +115% |
| Current portion of amounts payable after more than one year | 42 | €121,342 | €127,291 | +€5,949 | +4.9% |
| Trade debts | 44 | €46,398 | €240,497 | +€194,100 | +418% |
| Suppliers | 440/4 | €46,398 | €240,497 | +€194,100 | +418% |
| Taxes, remuneration and social security | 45 | €5,897 | €5,636 | -€261 | -4.4% |
| Taxes | 450/3 | €4,161 | €5,636 | +€1,475 | +35.5% |
| Remuneration and social security | 454/9 | €1,736 | - | -€1,736 | |
| Accrued charges and deferred income | 492/3 | €6,282 | €973 | -€5,309 | -84.5% |
| Turnover | 70 | €689,809 | €739,137 | +€49,328 | +7.2% |
| Membership fees, donations, legacies and grants | 73 | €275,729 | €238,620 | -€37,109 | -13.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €569,923 | €645,111 | +€75,189 | +13.2% |
| Remuneration, social security and pensions | 62 | €19,179 | €22,896 | +€3,717 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €158,457 | €148,339 | -€10,118 | -6.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €549 | - | -€549 | |
| Other operating charges | 640/8 | €99,888 | €64,392 | -€35,496 | -35.5% |
| Gross operating margin | 9900 | €395,615 | €332,646 | -€62,970 | -15.9% |
| Operating profit (loss) | 9901 | €117,541 | €97,018 | -€20,523 | -17.5% |
| Financial income | 75/76B | €564 | €570 | +€6 | +1.1% |
| Recurring financial income | 75 | €564 | €570 | +€6 | +1.1% |
| Financial charges | 65/66B | €55,188 | €49,386 | -€5,802 | -10.5% |
| Recurring financial charges | 65 | €55,188 | €49,386 | -€5,802 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €62,917 | €48,202 | -€14,715 | -23.4% |
| Profit (loss) for the period | 9904 | €62,917 | €48,202 | -€14,715 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €62,917 | €48,202 | -€14,715 | -23.4% |
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 18 October 2026 via checked.be.