Rojo Verde: 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.
Rojo Verde
Largest movements
- Receivables within one year +€1,013
up €1,013 (+4.5%), from €22,685 to €23,698
of which Other amounts receivable: +€3,712
- Cash -€394
down €394 (-92.4%), from €427 to €32
mainly Net result for the year (-€3,577) and Receivables within one year (-€1,013)
- Deferred charges and accrued income -€300
down €300 (-100%), from €300 to €0
- Profit (loss) carried forward -€2,940
new in 2025: -€2,940
- Trade debts +€2,562
up €2,562 (+320%), from €800 to €3,362
- Other debts +€2,119
up €2,119 (+90.9%), from €2,331 to €4,450
- Reserves -€637
down €637 (-73.3%), from €869 to €232
of which Distributable reserves: -€637
- Short-term financial debts -€578
down €578 (-100%), from €578 to €0
- Taxes +€3,530
up €3,530 (+471%), from €750 to €4,280
- Other operating charges +€2,361
up €2,361 (+427%), from €553 to €2,914
- Write-downs -€2,285
new in 2025: -€2,285
- Gross operating margin +€1,204
up €1,204 (+793%), from €152 to €1,356
- Financial charges -€179
down €179 (-88.2%), from €203 to €24
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 | €23,412 | €23,730 | +€319 | +1.4% |
| Current assets | 29/58 | €23,412 | €23,730 | +€319 | +1.4% |
| Amounts receivable within one year | 40/41 | €22,685 | €23,698 | +€1,013 | +4.5% |
| Trade receivables | 40 | €20,501 | €17,802 | -€2,699 | -13.2% |
| Other amounts receivable | 41 | €2,184 | €5,896 | +€3,712 | +170% |
| Cash at bank and in hand | 54/58 | €427 | €32 | -€394 | -92.4% |
| Deferred charges and accrued income | 490/1 | €300 | €0 | -€300 | -100% |
| Total equity and liabilities | 10/49 | €23,412 | €23,730 | +€319 | +1.4% |
| Equity | 10/15 | €19,469 | €15,891 | -€3,577 | -18.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €869 | €232 | -€637 | -73.3% |
| Non-distributable reserves | 130/1 | €232 | €232 | = | 0.0% |
| Reserves not available under the articles | 1311 | €232 | €232 | = | 0.0% |
| Distributable reserves | 133 | €637 | €0 | -€637 | -100% |
| Profit (loss) carried forward | 14 | - | -€2,940 | -€2,940 | |
| Amounts payable | 17/49 | €3,943 | €7,839 | +€3,896 | +98.8% |
| Amounts payable within one year | 42/48 | €3,943 | €7,839 | +€3,896 | +98.8% |
| Financial debts | 43 | €578 | €0 | -€578 | -100% |
| Credit institutions | 430/8 | €578 | €0 | -€578 | -100% |
| Trade debts | 44 | €800 | €3,362 | +€2,562 | +320% |
| Suppliers | 440/4 | €800 | €3,362 | +€2,562 | +320% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €233 | €27 | -€207 | -88.5% |
| Taxes | 450/3 | €233 | €27 | -€207 | -88.5% |
| Other amounts payable | 47/48 | €2,331 | €4,450 | +€2,119 | +90.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€2,285 | -€2,285 | |
| Other operating charges | 640/8 | €553 | €2,914 | +€2,361 | +427% |
| Gross operating margin | 9900 | €152 | €1,356 | +€1,204 | +793% |
| Operating profit (loss) | 9901 | -€401 | €727 | +€1,128 | |
| Financial charges | 65/66B | €203 | €24 | -€179 | -88.2% |
| Recurring financial charges | 65 | €203 | €24 | -€179 | -88.2% |
| Profit (loss) for the period before taxes | 9903 | -€604 | €703 | +€1,307 | |
| Income taxes | 67/77 | €750 | €4,280 | +€3,530 | +471% |
| Profit (loss) for the period | 9904 | -€1,354 | -€3,577 | -€2,223 | -164% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,354 | -€3,577 | -€2,223 | -164% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.