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
- Stocks and contracts +€28,560
up €28,560 (+51.6%), from €55,392 to €83,952
- Receivables within one year +€17,483
up €17,483 (+78.8%), from €22,196 to €39,679
of which Trade receivables: +€28,652
- Cash +€2,854
up €2,854 (+93.7%), from €3,046 to €5,900
mainly Trade debts (+€51,452) and Net result for the year (+€2,301)
- Deferred charges and accrued income +€1,915
new in 2024: €1,915
- Trade debts +€51,452
up €51,452 (+160.2%), from €32,124 to €83,576
- Other debts -€4,521
down €4,521 (-12.2%), from €37,075 to €32,554
- Reserves +€2,301
up €2,301 (+102.9%), from €2,237 to €4,538
- Tax, wage and social debts +€1,466
up €1,466 (+33.2%), from €4,412 to €5,878
of which Remuneration and social security: +€5,878
- Gross operating margin -€19,320
down €19,320 (-53.7%), from €35,973 to €16,654
- Staff costs -€19,138
down €19,138 (-61.4%), from €31,187 to €12,049
- Other operating charges -€656
down €656 (-46.9%), from €1,399 to €743
- Financial charges +€570
up €570 (+73.4%), from €777 to €1,347
- Financial income -€476
no longer reported in 2024 (was €476)
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 | €80,847 | €131,546 | +€50,698 | +62.7% |
| Fixed assets | 21/28 | €214 | €100 | -€114 | -53.2% |
| Tangible fixed assets | 22/27 | €214 | - | -€214 | |
| Plant, machinery and equipment | 23 | €214 | - | -€214 | |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €80,634 | €131,446 | +€50,812 | +63.0% |
| Stocks and contracts in progress | 3 | €55,392 | €83,952 | +€28,560 | +51.6% |
| Stocks | 30/36 | €55,392 | €83,952 | +€28,560 | +51.6% |
| Amounts receivable within one year | 40/41 | €22,196 | €39,679 | +€17,483 | +78.8% |
| Trade receivables | 40 | - | €28,652 | +€28,652 | |
| Other amounts receivable | 41 | €22,196 | €11,027 | -€11,169 | -50.3% |
| Cash at bank and in hand | 54/58 | €3,046 | €5,900 | +€2,854 | +93.7% |
| Deferred charges and accrued income | 490/1 | - | €1,915 | +€1,915 | |
| Total equity and liabilities | 10/49 | €80,847 | €131,546 | +€50,698 | +62.7% |
| Equity | 10/15 | €7,237 | €9,538 | +€2,301 | +31.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €2,237 | €4,538 | +€2,301 | +102.9% |
| Distributable reserves | 133 | €2,237 | €4,538 | +€2,301 | +102.9% |
| Amounts payable | 17/49 | €73,611 | €122,008 | +€48,397 | +65.7% |
| Amounts payable within one year | 42/48 | €73,611 | €122,008 | +€48,397 | +65.7% |
| Trade debts | 44 | €32,124 | €83,576 | +€51,452 | +160.2% |
| Suppliers | 440/4 | €32,124 | €83,576 | +€51,452 | +160.2% |
| Taxes, remuneration and social security | 45 | €4,412 | €5,878 | +€1,466 | +33.2% |
| Taxes | 450/3 | €4,412 | - | -€4,412 | |
| Remuneration and social security | 454/9 | - | €5,878 | +€5,878 | |
| Other amounts payable | 47/48 | €37,075 | €32,554 | -€4,521 | -12.2% |
| Remuneration, social security and pensions | 62 | €31,187 | €12,049 | -€19,138 | -61.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €287 | €214 | -€73 | -25.5% |
| Other operating charges | 640/8 | €1,399 | €743 | -€656 | -46.9% |
| Gross operating margin | 9900 | €35,973 | €16,654 | -€19,320 | -53.7% |
| Operating profit (loss) | 9901 | €3,101 | €3,648 | +€548 | +17.7% |
| Financial income | 75/76B | €476 | - | -€476 | |
| Recurring financial income | 75 | €476 | - | -€476 | |
| Financial charges | 65/66B | €777 | €1,347 | +€570 | +73.4% |
| Recurring financial charges | 65 | €777 | €1,347 | +€570 | +73.4% |
| Profit (loss) for the period before taxes | 9903 | €2,800 | €2,301 | -€499 | -17.8% |
| Profit (loss) for the period | 9904 | €2,800 | €2,301 | -€499 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,800 | €2,301 | -€499 | -17.8% |
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 7 October 2026 via checked.be.