ROS BAYARD: 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.
ROS BAYARD
Largest movements
- Cash -€24,621
down €24,621 (-99.1%), from €24,851 to €230
mainly Other debts (-€30,000) and Net result for the year (-€3,800)
- Receivables within one year -€9,773
down €9,773 (-2.3%), from €425,511 to €415,738
of which Other amounts receivable: -€9,773
- Other debts -€30,000
no longer reported in 2025 (was €30,000)
- Gross operating margin -€15,131
down €15,131, from €13,284 to -€1,847
- Taxes -€2,760
down €2,760 (-99.0%), from €2,788 to €28
- Financial charges -€790
down €790 (-85.8%), from €921 to €131
- Other operating charges -€359
down €359 (-27.0%), from €1,332 to €973
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 | €451,661 | €416,444 | -€35,217 | -7.8% |
| Fixed assets | 21/28 | €1,011 | €178 | -€833 | -82.4% |
| Tangible fixed assets | 22/27 | €1,011 | €178 | -€833 | -82.4% |
| Furniture and vehicles | 24 | €1,011 | €178 | -€833 | -82.4% |
| Current assets | 29/58 | €450,650 | €416,266 | -€34,383 | -7.6% |
| Amounts receivable within one year | 40/41 | €425,511 | €415,738 | -€9,773 | -2.3% |
| Trade receivables | 40 | €32,800 | €32,800 | = | 0.0% |
| Other amounts receivable | 41 | €392,711 | €382,938 | -€9,773 | -2.5% |
| Cash at bank and in hand | 54/58 | €24,851 | €230 | -€24,621 | -99.1% |
| Deferred charges and accrued income | 490/1 | €288 | €299 | +€11 | +3.7% |
| Total equity and liabilities | 10/49 | €451,661 | €416,444 | -€35,217 | -7.8% |
| Equity | 10/15 | €362,125 | €358,326 | -€3,800 | -1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,922 | €15,922 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €14,062 | €14,062 | = | 0.0% |
| Profit (loss) carried forward | 14 | €327,604 | €323,804 | -€3,800 | -1.2% |
| Amounts payable | 17/49 | €89,536 | €58,119 | -€31,417 | -35.1% |
| Amounts payable within one year | 42/48 | €89,536 | €58,119 | -€31,417 | -35.1% |
| Trade debts | 44 | €54,736 | €55,419 | +€683 | +1.2% |
| Suppliers | 440/4 | €54,736 | €55,419 | +€683 | +1.2% |
| Taxes, remuneration and social security | 45 | €4,800 | €2,700 | -€2,100 | -43.8% |
| Taxes | 450/3 | €4,800 | €2,700 | -€2,100 | -43.8% |
| Other amounts payable | 47/48 | €30,000 | - | -€30,000 | |
| Non-recurring operating income | 76A | €10,200 | - | -€10,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €833 | €833 | = | 0.0% |
| Other operating charges | 640/8 | €1,332 | €973 | -€359 | -27.0% |
| Non-recurring operating charges | 66A | €437 | - | -€437 | |
| Gross operating margin | 9900 | €13,284 | -€1,847 | -€15,131 | |
| Operating profit (loss) | 9901 | €10,681 | -€3,654 | -€14,335 | |
| Financial income | 75/76B | €28 | €13 | -€15 | -52.7% |
| Recurring financial income | 75 | €28 | €13 | -€15 | -52.7% |
| Financial charges | 65/66B | €921 | €131 | -€790 | -85.8% |
| Recurring financial charges | 65 | €921 | €131 | -€790 | -85.8% |
| Profit (loss) for the period before taxes | 9903 | €9,788 | -€3,772 | -€13,559 | |
| Income taxes | 67/77 | €2,788 | €28 | -€2,760 | -99.0% |
| Profit (loss) for the period | 9904 | €7,000 | -€3,800 | -€10,799 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,000 | -€3,800 | -€10,799 |
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 26 October 2026 via checked.be.