Rosaje: 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.
Rosaje
Largest movements
- Cash +€102,749
up €102,749 (+75.7%), from €135,771 to €238,520
mainly Net result for the year (+€111,228) and Depreciation (+€14,526)
- Tangible fixed assets +€6,776
up €6,776 (+20.5%), from €33,098 to €39,874
of which Furniture and vehicles: +€7,045
- Reserves +€111,228
up €111,228 (+85.1%), from €130,657 to €241,885
- Gross operating margin +€54,363
up €54,363 (+45.1%), from €120,457 to €174,820
- Taxes +€14,542
up €14,542 (+37.6%), from €38,661 to €53,203
- Financial income -€6,426
down €6,426 (-55.5%), from €11,582 to €5,156
of which Non-recurring financial income: -€5,970
- Depreciation +€3,325
up €3,325 (+29.7%), from €11,202 to €14,526
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 | €182,264 | €292,375 | +€110,111 | +60.4% |
| Fixed assets | 21/28 | €34,693 | €41,269 | +€6,576 | +19.0% |
| Intangible fixed assets | 21 | €1,595 | €1,395 | -€200 | -12.5% |
| Tangible fixed assets | 22/27 | €33,098 | €39,874 | +€6,776 | +20.5% |
| Plant, machinery and equipment | 23 | €755 | €487 | -€268 | -35.5% |
| Furniture and vehicles | 24 | €32,343 | €39,387 | +€7,045 | +21.8% |
| Current assets | 29/58 | €147,571 | €251,106 | +€103,535 | +70.2% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,992 | €11,384 | +€392 | +3.6% |
| Trade receivables | 40 | €10,692 | €11,061 | +€370 | +3.5% |
| Other amounts receivable | 41 | €300 | €322 | +€22 | +7.3% |
| Cash at bank and in hand | 54/58 | €135,771 | €238,520 | +€102,749 | +75.7% |
| Deferred charges and accrued income | 490/1 | €309 | €703 | +€394 | +127.8% |
| Total equity and liabilities | 10/49 | €182,264 | €292,375 | +€110,111 | +60.4% |
| Equity | 10/15 | €142,156 | €253,384 | +€111,228 | +78.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €130,657 | €241,885 | +€111,228 | +85.1% |
| Distributable reserves | 133 | €130,657 | €241,885 | +€111,228 | +85.1% |
| Profit (loss) carried forward | 14 | €1,499 | €1,499 | = | 0.0% |
| Amounts payable | 17/49 | €40,108 | €38,992 | -€1,117 | -2.8% |
| Amounts payable within one year | 42/48 | €40,108 | €38,992 | -€1,117 | -2.8% |
| Trade debts | 44 | €1,485 | €516 | -€969 | -65.2% |
| Suppliers | 440/4 | €1,485 | €516 | -€969 | -65.2% |
| Taxes, remuneration and social security | 45 | €4,185 | €3,888 | -€297 | -7.1% |
| Taxes | 450/3 | €4,185 | €3,888 | -€297 | -7.1% |
| Other amounts payable | 47/48 | €34,439 | €34,588 | +€149 | +0.4% |
| Non-recurring operating income | 76A | - | €1,646 | +€1,646 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,202 | €14,526 | +€3,325 | +29.7% |
| Other operating charges | 640/8 | €190 | €593 | +€404 | +212.7% |
| Gross operating margin | 9900 | €120,457 | €174,820 | +€54,363 | +45.1% |
| Operating profit (loss) | 9901 | €109,066 | €159,700 | +€50,634 | +46.4% |
| Financial income | 75/76B | €11,582 | €5,156 | -€6,426 | -55.5% |
| Recurring financial income | 75 | €2,065 | €1,609 | -€456 | -22.1% |
| Non-recurring financial income | 76B | €9,518 | €3,547 | -€5,970 | -62.7% |
| Financial charges | 65/66B | €488 | €425 | -€63 | -12.9% |
| Recurring financial charges | 65 | €488 | €425 | -€63 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €120,160 | €164,431 | +€44,271 | +36.8% |
| Income taxes | 67/77 | €38,661 | €53,203 | +€14,542 | +37.6% |
| Profit (loss) for the period | 9904 | €81,499 | €111,228 | +€29,729 | +36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €81,499 | €111,228 | +€29,729 | +36.5% |
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 11 October 2026 via checked.be.