ROSA E: 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 E
Largest movements
- Cash +€67,177
up €67,177 (+159%), from €42,334 to €109,511
mainly Current investments (+€50,000) and Net result for the year (+€35,329)
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Receivables within one year -€24,067
down €24,067 (-66.3%), from €36,305 to €12,237
of which Other amounts receivable: -€24,067
- Tangible fixed assets -€8,335
down €8,335 (-81.8%), from €10,188 to €1,853
of which Furniture and vehicles: -€8,042
- Other debts -€16,025
down €16,025 (-54.1%), from €29,608 to €13,583
- Reserves -€1,919
down €1,919 (-2.2%), from €88,109 to €86,190
- Gross operating margin -€1,658
down €1,658 (-3.2%), from €52,520 to €50,862
- Depreciation -€1,541
down €1,541 (-51.2%), from €3,012 to €1,471
- Financial charges +€1,169
up €1,169 (+143%), from €818 to €1,987
- Financial income -€710
down €710 (-25.6%), from €2,770 to €2,059
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 | €142,827 | €127,602 | -€15,225 | -10.7% |
| Fixed assets | 21/28 | €10,188 | €1,853 | -€8,335 | -81.8% |
| Tangible fixed assets | 22/27 | €10,188 | €1,853 | -€8,335 | -81.8% |
| Plant, machinery and equipment | 23 | €2,146 | €1,853 | -€292 | -13.6% |
| Furniture and vehicles | 24 | €8,042 | - | -€8,042 | |
| Current assets | 29/58 | €132,639 | €125,749 | -€6,890 | -5.2% |
| Amounts receivable after more than one year | 29 | €4,000 | €4,000 | = | 0.0% |
| Other amounts receivable | 291 | €4,000 | €4,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €36,305 | €12,237 | -€24,067 | -66.3% |
| Trade receivables | 40 | €12,100 | €12,100 | = | 0.0% |
| Other amounts receivable | 41 | €24,205 | €137 | -€24,067 | -99.4% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €42,334 | €109,511 | +€67,177 | +159% |
| Total equity and liabilities | 10/49 | €142,827 | €127,602 | -€15,225 | -10.7% |
| Equity | 10/15 | €100,709 | €98,790 | -€1,919 | -1.9% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €88,109 | €86,190 | -€1,919 | -2.2% |
| Distributable reserves | 133 | €88,109 | €86,190 | -€1,919 | -2.2% |
| Amounts payable | 17/49 | €42,118 | €28,812 | -€13,306 | -31.6% |
| Amounts payable within one year | 42/48 | €42,118 | €28,298 | -€13,819 | -32.8% |
| Trade debts | 44 | €3,504 | €4,749 | +€1,245 | +35.5% |
| Suppliers | 440/4 | €3,504 | €4,749 | +€1,245 | +35.5% |
| Taxes, remuneration and social security | 45 | €9,006 | €9,967 | +€961 | +10.7% |
| Taxes | 450/3 | €9,006 | €9,967 | +€961 | +10.7% |
| Other amounts payable | 47/48 | €29,608 | €13,583 | -€16,025 | -54.1% |
| Accrued charges and deferred income | 492/3 | - | €514 | +€514 | |
| Non-recurring operating income | 76A | - | €10,323 | +€10,323 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,012 | €1,471 | -€1,541 | -51.2% |
| Other operating charges | 640/8 | €301 | €129 | -€173 | -57.2% |
| Gross operating margin | 9900 | €52,520 | €50,862 | -€1,658 | -3.2% |
| Operating profit (loss) | 9901 | €49,207 | €49,262 | +€55 | +0.1% |
| Financial income | 75/76B | €2,770 | €2,059 | -€710 | -25.6% |
| Recurring financial income | 75 | €2,770 | €2,059 | -€710 | -25.6% |
| Financial charges | 65/66B | €818 | €1,987 | +€1,169 | +143% |
| Recurring financial charges | 65 | €818 | €1,987 | +€1,169 | +143% |
| Profit (loss) for the period before taxes | 9903 | €51,158 | €49,334 | -€1,824 | -3.6% |
| Income taxes | 67/77 | €14,484 | €14,005 | -€479 | -3.3% |
| Profit (loss) for the period | 9904 | €36,674 | €35,329 | -€1,344 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,674 | €35,329 | -€1,344 | -3.7% |
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.