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.
What changed
LE ROSEAU
NACE 93.110, Operation of sports facilities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€96,985
2024 · €68,678+€28,307
Equity
€824,847
2024 · €731,289+€93,558
Cash
€35,280
2024 · €30,969+€4,311
Balance sheet total
€1.3m
2024 · €1.3m+€51,037
Largest movements
Assets
- Receivables within one year +€61,982
up €61,982 (+80.2%), from €77,250 to €139,232
of which Other amounts receivable: +€58,974
- Tangible fixed assets -€16,027
down €16,027 (-1.4%), from €1.2m to €1.2m
of which Plant, machinery and equipment: -€14,259
Equity and liabilities
- Profit (loss) carried forward +€96,985
up €96,985 (+19.6%), from €493,884 to €590,869
- Other debts -€71,630
down €71,630 (-24.0%), from €298,236 to €226,606
- Debts after one year +€17,336
up €17,336 (+12.8%), from €135,682 to €153,018
- Provisions -€15,866
no longer reported in 2025 (was €15,866)
Income statement
- Gross operating margin +€86,332
up €86,332 (+29.6%), from €291,864 to €378,196
- Taxes +€30,633
up €30,633 (+89.6%), from €34,206 to €64,839
- Write-downs -€15,866
new in 2025: -€15,866
- Provisions +€15,550
no longer reported in 2025 (was -€15,550)
- Other operating charges +€14,842
up €14,842 (+107%), from €13,897 to €28,739
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.
Result 2024
€68,678
Gross operating margin
+€86,332
Staff costs
-€11,975
Depreciation
+€752
Write-downs
+€15,866
Provisions
-€15,550
Other operating charges
-€14,842
Financial income
+€7
Financial charges
-€1,650
Taxes
-€30,633
Result 2025
€96,985
raises the resultlowers the result
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.
From operations
+€3,346
Investment
-€29,908
Financing
+€30,873
Cash 2024
€30,969
From operations (derived)
+€3,346
Net result for the year
+€96,985
Depreciation
+€45,935
Receivables within one year
-€61,982
Deferred charges and accrued income
-€771
Provisions
-€15,866
Trade debts
+€9,949
Tax, wage and social debts
+€676
Other debts
-€71,630
Accrued charges and deferred income
+€50
Investment (derived)
-€29,908
Investment in fixed assets (net)
-€29,908
Financing
+€30,873
Debts after one year
+€17,336
Current portion of long-term debt
+€11,875
Short-term financial debts
+€5,089
Contributions, distributions and other
-€3,427
Cash 2025
€35,280
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,293,363 | €1,344,400 | +€51,037 | +3.9% |
| Fixed assets | 21/28 | €1,180,839 | €1,164,812 | -€16,027 | -1.4% |
| Tangible fixed assets | 22/27 | €1,180,839 | €1,164,812 | -€16,027 | -1.4% |
| Land and buildings | 22 | €1,008,497 | €1,009,933 | +€1,436 | +0.1% |
| Plant, machinery and equipment | 23 | €135,429 | €121,170 | -€14,259 | -10.5% |
| Furniture and vehicles | 24 | €36,913 | €33,709 | -€3,204 | -8.7% |
| Current assets | 29/58 | €112,524 | €179,588 | +€67,064 | +59.6% |
| Amounts receivable within one year | 40/41 | €77,250 | €139,232 | +€61,982 | +80.2% |
| Trade receivables | 40 | €31,474 | €34,482 | +€3,008 | +9.6% |
| Other amounts receivable | 41 | €45,776 | €104,750 | +€58,974 | +129% |
| Cash at bank and in hand | 54/58 | €30,969 | €35,280 | +€4,311 | +13.9% |
| Deferred charges and accrued income | 490/1 | €4,305 | €5,076 | +€771 | +17.9% |
| Total equity and liabilities | 10/49 | €1,293,363 | €1,344,400 | +€51,037 | +3.9% |
| Equity | 10/15 | €731,289 | €824,847 | +€93,558 | +12.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €96,056 | €96,056 | = | 0.0% |
| Reserves | 13 | €24,902 | €24,902 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €18,702 | €18,702 | = | 0.0% |
| Profit (loss) carried forward | 14 | €493,884 | €590,869 | +€96,985 | +19.6% |
| Investment grants | 15 | €54,447 | €51,020 | -€3,427 | -6.3% |
| Provisions and deferred taxes | 16 | €15,866 | - | -€15,866 | |
| Provisions for liabilities and charges | 160/5 | €15,866 | - | -€15,866 | |
| Major repairs and maintenance | 162 | €15,866 | - | -€15,866 | |
| Amounts payable | 17/49 | €546,208 | €519,553 | -€26,655 | -4.9% |
| Amounts payable after more than one year | 17 | €135,682 | €153,018 | +€17,336 | +12.8% |
| Financial debts | 170/4 | €135,682 | €153,018 | +€17,336 | +12.8% |
| Amounts payable within one year | 42/48 | €409,876 | €365,835 | -€44,041 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €40,599 | €52,474 | +€11,875 | +29.2% |
| Financial debts | 43 | €26,391 | €31,480 | +€5,089 | +19.3% |
| Credit institutions | 430/8 | €26,391 | €31,480 | +€5,089 | +19.3% |
| Trade debts | 44 | €28,549 | €38,498 | +€9,949 | +34.8% |
| Suppliers | 440/4 | €28,549 | €38,498 | +€9,949 | +34.8% |
| Taxes, remuneration and social security | 45 | €16,101 | €16,777 | +€676 | +4.2% |
| Taxes | 450/3 | €2 | - | -€2 | |
| Remuneration and social security | 454/9 | €16,099 | €16,777 | +€678 | +4.2% |
| Other amounts payable | 47/48 | €298,236 | €226,606 | -€71,630 | -24.0% |
| Accrued charges and deferred income | 492/3 | €650 | €700 | +€50 | +7.7% |
| Remuneration, social security and pensions | 62 | €137,514 | €149,489 | +€11,975 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,687 | €45,935 | -€752 | -1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€15,866 | -€15,866 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€15,550 | - | +€15,550 | |
| Other operating charges | 640/8 | €13,897 | €28,739 | +€14,842 | +107% |
| Gross operating margin | 9900 | €291,864 | €378,196 | +€86,332 | +29.6% |
| Operating profit (loss) | 9901 | €109,316 | €169,899 | +€60,583 | +55.4% |
| Financial income | 75/76B | €3,438 | €3,445 | +€7 | +0.2% |
| Recurring financial income | 75 | €3,438 | €3,445 | +€7 | +0.2% |
| Financial charges | 65/66B | €9,870 | €11,520 | +€1,650 | +16.7% |
| Recurring financial charges | 65 | €9,870 | €11,520 | +€1,650 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €102,884 | €161,824 | +€58,940 | +57.3% |
| Income taxes | 67/77 | €34,206 | €64,839 | +€30,633 | +89.6% |
| Profit (loss) for the period | 9904 | €68,678 | €96,985 | +€28,307 | +41.2% |
| Profit (loss) for the period to be appropriated | 9905 | €68,678 | €96,985 | +€28,307 | +41.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.