Rosae Aviation: 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.
Rosae Aviation
Largest movements
- Cash -€162,689
down €162,689 (-97.8%), from €166,355 to €3,666
mainly Net result for the year (-€83,798) and Stocks and contracts (-€73,585)
- Stocks and contracts +€73,585
up €73,585 (+245%), from €30,000 to €103,585
- Tangible fixed assets +€18,516
up €18,516 (+354%), from €5,233 to €23,749
of which Land and buildings: +€19,920
- Receivables within one year -€8,671
down €8,671 (-48.7%), from €17,803 to €9,132
of which Other amounts receivable: -€8,155
- Profit (loss) carried forward -€83,798
down €83,798 (-165%), from -€50,670 to -€134,469
- Trade debts +€4,359
up €4,359 (+327%), from €1,334 to €5,692
of which Suppliers: +€3,257
- Gross operating margin -€21,951
down €21,951 (-37.0%), from -€59,267 to -€81,219
- Financial income +€3,237
up €3,237 (+606%), from €534 to €3,772
- Depreciation +€3,031
up €3,031 (+796%), from €381 to €3,411
- Other operating charges +€1,544
up €1,544 (+399%), from €387 to €1,931
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 | €250,663 | €171,403 | -€79,260 | -31.6% |
| Fixed assets | 21/28 | €32,233 | €50,749 | +€18,516 | +57.4% |
| Tangible fixed assets | 22/27 | €5,233 | €23,749 | +€18,516 | +354% |
| Land and buildings | 22 | - | €19,920 | +€19,920 | |
| Furniture and vehicles | 24 | €5,233 | €3,830 | -€1,404 | -26.8% |
| Financial fixed assets | 28 | €27,000 | €27,000 | = | 0.0% |
| Current assets | 29/58 | €218,430 | €120,654 | -€97,776 | -44.8% |
| Stocks and contracts in progress | 3 | €30,000 | €103,585 | +€73,585 | +245% |
| Stocks | 30/36 | €30,000 | €103,585 | +€73,585 | +245% |
| Amounts receivable within one year | 40/41 | €17,803 | €9,132 | -€8,671 | -48.7% |
| Trade receivables | 40 | €1,114 | €597 | -€517 | -46.4% |
| Other amounts receivable | 41 | €16,689 | €8,535 | -€8,155 | -48.9% |
| Current investments | 50/53 | €4,271 | €4,271 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €166,355 | €3,666 | -€162,689 | -97.8% |
| Total equity and liabilities | 10/49 | €250,663 | €171,403 | -€79,260 | -31.6% |
| Equity | 10/15 | €249,330 | €165,531 | -€83,798 | -33.6% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Contributions outside capital | 11 | €300,000 | - | -€300,000 | |
| Other | 1109/19 | €300,000 | - | -€300,000 | |
| Profit (loss) carried forward | 14 | -€50,670 | -€134,469 | -€83,798 | -165% |
| Amounts payable | 17/49 | €1,334 | €5,872 | +€4,538 | +340% |
| Amounts payable within one year | 42/48 | €1,334 | €5,872 | +€4,538 | +340% |
| Trade debts | 44 | €1,334 | €5,692 | +€4,359 | +327% |
| Suppliers | 440/4 | €1,334 | €4,590 | +€3,257 | +244% |
| Bills of exchange payable | 441 | - | €1,102 | +€1,102 | |
| Taxes, remuneration and social security | 45 | - | €180 | +€180 | |
| Taxes | 450/3 | - | €180 | +€180 | |
| Non-recurring operating income | 76A | - | €9 | +€9 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €381 | €3,411 | +€3,031 | +796% |
| Other operating charges | 640/8 | €387 | €1,931 | +€1,544 | +399% |
| Gross operating margin | 9900 | -€59,267 | -€81,219 | -€21,951 | -37.0% |
| Operating profit (loss) | 9901 | -€60,035 | -€86,561 | -€26,526 | -44.2% |
| Financial income | 75/76B | €534 | €3,772 | +€3,237 | +606% |
| Recurring financial income | 75 | €534 | €3,772 | +€3,237 | +606% |
| Financial charges | 65/66B | €466 | €829 | +€363 | +77.7% |
| Recurring financial charges | 65 | €466 | €829 | +€363 | +77.7% |
| Profit (loss) for the period before taxes | 9903 | -€59,967 | -€83,618 | -€23,651 | -39.4% |
| Income taxes | 67/77 | - | €180 | +€180 | |
| Profit (loss) for the period | 9904 | -€59,967 | -€83,798 | -€23,831 | -39.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,967 | -€83,798 | -€23,831 | -39.7% |
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 20 October 2026 via checked.be.