ROSA: what changed
Two fiscal 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.
ROSA
Largest movements
- Cash -€123,735
down €123,735 (-61.1%), from €202,419 to €78,684
mainly Receivables within one year (-€88,283) and Trade debts (-€79,026)
- Receivables within one year +€88,283
up €88,283 (+31.8%), from €277,479 to €365,762
of which Other amounts receivable: +€106,252
- Financial fixed assets -€46,541
down €46,541 (-25.9%), from €179,615 to €133,074
- Tangible fixed assets -€25,162
down €25,162 (-20.1%), from €124,921 to €99,758
of which Furniture and vehicles: -€16,188
- Trade debts -€79,026
down €79,026 (-18.1%), from €437,103 to €358,077
- Tax, wage and social debts -€42,492
down €42,492 (-13.0%), from €327,553 to €285,061
of which Remuneration and social security: -€37,130
- Accrued charges and deferred income +€20,129
up €20,129 (+42.9%), from €46,973 to €67,101
- Financial charges +€39,145
up €39,145 (+305.1%), from €12,829 to €51,974
of which Non-recurring financial charges: +€39,171
- Staff costs -€33,197
down €33,197 (-1.6%), from €2.1m to €2.0m
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.
Cash bridge derived
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 | €811,629 | €710,240 | -€101,389 | -12.5% |
| Fixed assets | 21/28 | €304,535 | €232,832 | -€71,703 | -23.5% |
| Tangible fixed assets | 22/27 | €124,921 | €99,758 | -€25,162 | -20.1% |
| Furniture and vehicles | 24 | €34,214 | €18,025 | -€16,188 | -47.3% |
| Other tangible fixed assets | 26 | €90,707 | €81,733 | -€8,974 | -9.9% |
| Financial fixed assets | 28 | €179,615 | €133,074 | -€46,541 | -25.9% |
| Current assets | 29/58 | €507,094 | €477,408 | -€29,686 | -5.9% |
| Amounts receivable within one year | 40/41 | €277,479 | €365,762 | +€88,283 | +31.8% |
| Trade receivables | 40 | €91,358 | €73,389 | -€17,969 | -19.7% |
| Other amounts receivable | 41 | €186,120 | €292,373 | +€106,252 | +57.1% |
| Cash at bank and in hand | 54/58 | €202,419 | €78,684 | -€123,735 | -61.1% |
| Deferred charges and accrued income | 490/1 | €27,196 | €32,961 | +€5,766 | +21.2% |
| Total equity and liabilities | 10/49 | €811,629 | €710,240 | -€101,389 | -12.5% |
| Equity | 10/15 | - | €0 | = | |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €811,629 | €710,240 | -€101,389 | -12.5% |
| Amounts payable within one year | 42/48 | €764,656 | €643,139 | -€121,518 | -15.9% |
| Trade debts | 44 | €437,103 | €358,077 | -€79,026 | -18.1% |
| Suppliers | 440/4 | €437,103 | €358,077 | -€79,026 | -18.1% |
| Taxes, remuneration and social security | 45 | €327,553 | €285,061 | -€42,492 | -13.0% |
| Taxes | 450/3 | €67,486 | €62,124 | -€5,362 | -7.9% |
| Remuneration and social security | 454/9 | €260,067 | €222,937 | -€37,130 | -14.3% |
| Accrued charges and deferred income | 492/3 | €46,973 | €67,101 | +€20,129 | +42.9% |
| Remuneration, social security and pensions | 62 | €2,068,365 | €2,035,168 | -€33,197 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,224 | €31,049 | +€825 | +2.7% |
| Other operating charges | 640/8 | €457 | €0 | -€457 | -100.0% |
| Non-recurring operating charges | 66A | €0 | €0 | = | |
| Gross operating margin | 9900 | €2,104,945 | €2,117,664 | +€12,720 | +0.6% |
| Operating profit (loss) | 9901 | €5,898 | €51,447 | +€45,549 | +772.3% |
| Financial income | 75/76B | €10,249 | €527 | -€9,722 | -94.9% |
| Recurring financial income | 75 | €10,249 | €527 | -€9,722 | -94.9% |
| Financial charges | 65/66B | €12,829 | €51,974 | +€39,145 | +305.1% |
| Recurring financial charges | 65 | €5,451 | €5,425 | -€26 | -0.5% |
| Non-recurring financial charges | 66B | €7,378 | €46,549 | +€39,171 | +530.9% |
| Profit (loss) for the period before taxes | 9903 | €3,318 | €0 | -€3,318 | -100.0% |
| Income taxes | 67/77 | €3,318 | - | -€3,318 | |
| Profit (loss) for the period | 9904 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €0 | = |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.