ROSA MEA: 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 MEA
Largest movements
- Cash +€34,027
up €34,027 (+4,390%), from €775 to €34,802
mainly Net result for the year (+€20,655) and Other debts (+€6,515)
- Deferred charges and accrued income -€5,000
down €5,000 (-50.0%), from €10,000 to €5,000
- Receivables within one year -€2,388
down €2,388 (-18.6%), from €12,856 to €10,468
- Tangible fixed assets +€1,603
up €1,603 (+19.4%), from €8,272 to €9,875
of which Plant, machinery and equipment: +€5,015
- Profit (loss) carried forward +€12,346
no longer reported in 2025 (was -€12,346)
- Reserves +€8,309
new in 2025: €8,309
- Other debts +€6,515
up €6,515 (+16.8%), from €38,879 to €45,394
- Tax, wage and social debts +€2,046
up €2,046 (+173%), from €1,182 to €3,228
- Current portion of long-term debt -€1,650
no longer reported in 2025 (was €1,650)
- Gross operating margin +€32,095
up €32,095, from -€145 to €31,950
- Depreciation -€6,864
down €6,864 (-61.7%), from €11,134 to €4,270
- Taxes +€3,376
new in 2025: €3,376
- Financial charges +€2,635
up €2,635 (+1,116%), from €236 to €2,872
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 | €31,903 | €60,146 | +€28,243 | +88.5% |
| Fixed assets | 21/28 | €8,272 | €9,875 | +€1,603 | +19.4% |
| Tangible fixed assets | 22/27 | €8,272 | €9,875 | +€1,603 | +19.4% |
| Land and buildings | 22 | €360 | - | -€360 | |
| Plant, machinery and equipment | 23 | - | €5,015 | +€5,015 | |
| Furniture and vehicles | 24 | €1,412 | - | -€1,412 | |
| Leasing and similar rights | 25 | €663 | €211 | -€451 | -68.1% |
| Other tangible fixed assets | 26 | €5,838 | €4,649 | -€1,189 | -20.4% |
| Current assets | 29/58 | €23,631 | €50,271 | +€26,640 | +113% |
| Amounts receivable within one year | 40/41 | €12,856 | €10,468 | -€2,388 | -18.6% |
| Trade receivables | 40 | €12,856 | €10,468 | -€2,388 | -18.6% |
| Cash at bank and in hand | 54/58 | €775 | €34,802 | +€34,027 | +4,390% |
| Deferred charges and accrued income | 490/1 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Total equity and liabilities | 10/49 | €31,903 | €60,146 | +€28,243 | +88.5% |
| Equity | 10/15 | -€9,846 | €10,809 | +€20,655 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €8,309 | +€8,309 | |
| Distributable reserves | 133 | - | €8,309 | +€8,309 | |
| Profit (loss) carried forward | 14 | -€12,346 | - | +€12,346 | |
| Amounts payable | 17/49 | €41,749 | €49,337 | +€7,588 | +18.2% |
| Amounts payable within one year | 42/48 | €41,749 | €49,337 | +€7,588 | +18.2% |
| Current portion of amounts payable after more than one year | 42 | €1,650 | - | -€1,650 | |
| Trade debts | 44 | €38 | €715 | +€677 | +1,779% |
| Suppliers | 440/4 | €38 | €715 | +€677 | +1,779% |
| Taxes, remuneration and social security | 45 | €1,182 | €3,228 | +€2,046 | +173% |
| Taxes | 450/3 | €1,182 | €3,228 | +€2,046 | +173% |
| Other amounts payable | 47/48 | €38,879 | €45,394 | +€6,515 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,134 | €4,270 | -€6,864 | -61.7% |
| Other operating charges | 640/8 | €830 | €778 | -€52 | -6.3% |
| Gross operating margin | 9900 | -€145 | €31,950 | +€32,095 | |
| Operating profit (loss) | 9901 | -€12,109 | €26,902 | +€39,012 | |
| Financial charges | 65/66B | €236 | €2,872 | +€2,635 | +1,116% |
| Recurring financial charges | 65 | €236 | €2,872 | +€2,635 | +1,116% |
| Profit (loss) for the period before taxes | 9903 | -€12,346 | €24,031 | +€36,376 | |
| Income taxes | 67/77 | - | €3,376 | +€3,376 | |
| Profit (loss) for the period | 9904 | -€12,346 | €20,655 | +€33,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,346 | €20,655 | +€33,000 |
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 16 October 2026 via checked.be.