ROSAE: 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.
ROSAE
Largest movements
- Cash -€322,221
down €322,221 (-31.0%), from €1.0m to €718,709
mainly Net result for the year (-€201,890) and Trade debts (-€88,087)
- Tangible fixed assets -€66,780
down €66,780 (-6.3%), from €1.1m to €1.0m
of which Land and buildings: -€61,015
- Profit (loss) carried forward -€201,890
down €201,890 (-79.4%), from €254,160 to €52,271
- Trade debts -€88,087
down €88,087 (-40.6%), from €216,988 to €128,901
- Debts after one year -€74,226
down €74,226 (-10.1%), from €734,753 to €660,528
- Tax, wage and social debts -€70,257
down €70,257 (-32.7%), from €214,913 to €144,657
- Other debts +€46,499
up €46,499 (+7.9%), from €585,633 to €632,132
- Gross operating margin -€723,357
down €723,357, from €614,559 to -€108,798
- Taxes -€134,565
down €134,565 (-97.3%), from €138,308 to €3,743
- Financial income +€14,161
up €14,161 (+223.3%), from €6,341 to €20,503
- Other operating charges -€10,199
down €10,199 (-30.4%), from €33,529 to €23,330
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.
Cash bridge derived
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 | €2,112,701 | €1,723,700 | -€389,001 | -18.4% |
| Fixed assets | 21/28 | €1,067,270 | €1,000,490 | -€66,780 | -6.3% |
| Tangible fixed assets | 22/27 | €1,067,141 | €1,000,361 | -€66,780 | -6.3% |
| Land and buildings | 22 | €970,004 | €908,989 | -€61,015 | -6.3% |
| Furniture and vehicles | 24 | €97,138 | €91,373 | -€5,765 | -5.9% |
| Financial fixed assets | 28 | €129 | €129 | = | 0.0% |
| Current assets | 29/58 | €1,045,431 | €723,209 | -€322,221 | -30.8% |
| Amounts receivable within one year | 40/41 | €4,500 | €4,500 | = | 0.0% |
| Other amounts receivable | 41 | €4,500 | €4,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,040,931 | €718,709 | -€322,221 | -31.0% |
| Total equity and liabilities | 10/49 | €2,112,701 | €1,723,700 | -€389,001 | -18.4% |
| Equity | 10/15 | €285,147 | €83,257 | -€201,890 | -70.8% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | €254,160 | €52,271 | -€201,890 | -79.4% |
| Amounts payable | 17/49 | €1,827,554 | €1,640,442 | -€187,112 | -10.2% |
| Amounts payable after more than one year | 17 | €734,753 | €660,528 | -€74,226 | -10.1% |
| Financial debts | 170/4 | €734,753 | €660,528 | -€74,226 | -10.1% |
| Amounts payable within one year | 42/48 | €1,092,801 | €979,915 | -€112,886 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €75,267 | €74,226 | -€1,042 | -1.4% |
| Trade debts | 44 | €216,988 | €128,901 | -€88,087 | -40.6% |
| Suppliers | 440/4 | €216,988 | €128,901 | -€88,087 | -40.6% |
| Taxes, remuneration and social security | 45 | €214,913 | €144,657 | -€70,257 | -32.7% |
| Taxes | 450/3 | €214,913 | €144,657 | -€70,257 | -32.7% |
| Other amounts payable | 47/48 | €585,633 | €632,132 | +€46,499 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,936 | €66,780 | +€3,843 | +6.1% |
| Other operating charges | 640/8 | €33,529 | €23,330 | -€10,199 | -30.4% |
| Gross operating margin | 9900 | €614,559 | -€108,798 | -€723,357 | |
| Operating profit (loss) | 9901 | €518,094 | -€198,908 | -€717,002 | |
| Financial income | 75/76B | €6,341 | €20,503 | +€14,161 | +223.3% |
| Recurring financial income | 75 | €6,341 | €20,503 | +€14,161 | +223.3% |
| Financial charges | 65/66B | €19,958 | €19,741 | -€217 | -1.1% |
| Recurring financial charges | 65 | €19,958 | €19,741 | -€217 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €504,477 | -€198,147 | -€702,623 | |
| Income taxes | 67/77 | €138,308 | €3,743 | -€134,565 | -97.3% |
| Profit (loss) for the period | 9904 | €366,168 | -€201,890 | -€568,058 | |
| Profit (loss) for the period to be appropriated | 9905 | €366,168 | -€201,890 | -€568,058 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.