RED 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.
RED ROSE
Largest movements
- Receivables within one year +€11,887
up €11,887 (+730%), from €1,629 to €13,515
of which Trade receivables: +€11,677
- Stocks and contracts +€4,719
up €4,719 (+15.8%), from €29,932 to €34,651
- Cash -€2,862
down €2,862 (-40.3%), from €7,104 to €4,242
mainly Net result for the year (-€13,025) and Receivables within one year (-€11,887)
- Trade debts +€27,914
up €27,914 (+170%), from €16,436 to €44,350
- Profit (loss) carried forward -€13,025
down €13,025 (-26.4%), from -€49,419 to -€62,444
- Tax, wage and social debts -€4,885
down €4,885 (-73.5%), from €6,646 to €1,761
of which Taxes: -€3,385
- Other debts +€3,662
up €3,662 (+7.6%), from €47,974 to €51,636
- Turnover -€5,088
down €5,088 (-5.4%), from €94,130 to €89,042
- Purchases and services -€4,891
down €4,891 (-4.6%), from €106,789 to €101,898
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,096 | €55,763 | +€13,666 | +32.5% |
| Fixed assets | 21/28 | €3,432 | €3,355 | -€77 | -2.2% |
| Tangible fixed assets | 22/27 | €77 | - | -€77 | |
| Plant, machinery and equipment | 23 | €77 | - | -€77 | |
| Financial fixed assets | 28 | €3,355 | €3,355 | = | 0.0% |
| Current assets | 29/58 | €38,665 | €52,408 | +€13,743 | +35.5% |
| Stocks and contracts in progress | 3 | €29,932 | €34,651 | +€4,719 | +15.8% |
| Stocks | 30/36 | €29,932 | €34,651 | +€4,719 | +15.8% |
| Amounts receivable within one year | 40/41 | €1,629 | €13,515 | +€11,887 | +730% |
| Trade receivables | 40 | - | €11,677 | +€11,677 | |
| Other amounts receivable | 41 | €1,629 | €1,839 | +€210 | +12.9% |
| Cash at bank and in hand | 54/58 | €7,104 | €4,242 | -€2,862 | -40.3% |
| Total equity and liabilities | 10/49 | €42,096 | €55,763 | +€13,666 | +32.5% |
| Equity | 10/15 | -€28,959 | -€41,984 | -€13,025 | -45.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €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% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,419 | -€62,444 | -€13,025 | -26.4% |
| Amounts payable | 17/49 | €71,056 | €97,747 | +€26,691 | +37.6% |
| Amounts payable within one year | 42/48 | €71,056 | €97,747 | +€26,691 | +37.6% |
| Trade debts | 44 | €16,436 | €44,350 | +€27,914 | +170% |
| Suppliers | 440/4 | €16,436 | €44,350 | +€27,914 | +170% |
| Taxes, remuneration and social security | 45 | €6,646 | €1,761 | -€4,885 | -73.5% |
| Taxes | 450/3 | €5,146 | €1,761 | -€3,385 | -65.8% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €47,974 | €51,636 | +€3,662 | +7.6% |
| Turnover | 70 | €94,130 | €89,042 | -€5,088 | -5.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €106,789 | €101,898 | -€4,891 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €538 | €77 | -€461 | -85.8% |
| Gross operating margin | 9900 | -€12,659 | -€12,856 | -€198 | -1.6% |
| Operating profit (loss) | 9901 | -€13,196 | -€12,933 | +€264 | +2.0% |
| Financial charges | 65/66B | €34 | €92 | +€58 | +168% |
| Recurring financial charges | 65 | €34 | €92 | +€58 | +168% |
| Profit (loss) for the period before taxes | 9903 | -€13,231 | -€13,025 | +€206 | +1.6% |
| Profit (loss) for the period | 9904 | -€13,231 | -€13,025 | +€206 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,231 | -€13,025 | +€206 | +1.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.