Rosa Capital Management: 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.
Rosa Capital Management
Largest movements
- Tangible fixed assets -€927
down €927 (-38.6%), from €2,399 to €1,472
- Other debts -€1,181
down €1,181 (-7.6%), from €15,503 to €14,322
- Purchases and services -€13,874
down €13,874 (-31.6%), from €43,962 to €30,088
- Turnover -€11,081
down €11,081 (-26.1%), from €42,504 to €31,423
- Gross operating margin +€2,793
up €2,793, from -€1,458 to €1,335
- Depreciation +€545
up €545 (+143%), from €382 to €927
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 | €63,505 | €62,513 | -€993 | -1.6% |
| Fixed assets | 21/28 | €2,399 | €1,472 | -€927 | -38.6% |
| Tangible fixed assets | 22/27 | €2,399 | €1,472 | -€927 | -38.6% |
| Plant, machinery and equipment | 23 | €2,399 | €1,472 | -€927 | -38.6% |
| Current assets | 29/58 | €61,106 | €61,041 | -€66 | -0.1% |
| Current investments | 50/53 | €61,040 | €61,040 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €66 | €1 | -€66 | -99.2% |
| Total equity and liabilities | 10/49 | €63,505 | €62,513 | -€993 | -1.6% |
| Equity | 10/15 | €47,911 | €48,030 | +€119 | +0.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,089 | -€1,970 | +€119 | +5.7% |
| Amounts payable | 17/49 | €15,595 | €14,483 | -€1,112 | -7.1% |
| Amounts payable within one year | 42/48 | €15,595 | €14,483 | -€1,112 | -7.1% |
| Trade debts | 44 | €92 | €161 | +€69 | +75.3% |
| Suppliers | 440/4 | €92 | €161 | +€69 | +75.3% |
| Other amounts payable | 47/48 | €15,503 | €14,322 | -€1,181 | -7.6% |
| Turnover | 70 | €42,504 | €31,423 | -€11,081 | -26.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €43,962 | €30,088 | -€13,874 | -31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €382 | €927 | +€545 | +143% |
| Other operating charges | 640/8 | - | €144 | +€144 | |
| Gross operating margin | 9900 | -€1,458 | €1,335 | +€2,793 | |
| Operating profit (loss) | 9901 | -€1,840 | €264 | +€2,104 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €251 | €146 | -€105 | -41.9% |
| Recurring financial charges | 65 | €251 | €146 | -€105 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,089 | €119 | +€2,208 | |
| Profit (loss) for the period | 9904 | -€2,089 | €119 | +€2,208 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,089 | €119 | +€2,208 |
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 25 October 2026 via checked.be.