Rosario LM: what changed
Rosario LM
Largest movements
- Receivables within one year -€25,829
down €25,829 (-73.9%), from €34,942 to €9,113
of which Other amounts receivable: -€25,719
- Cash +€23,561
up €23,561 (+678%), from €3,474 to €27,035
mainly Receivables within one year (+€25,829) and Debts after one year (+€18,750)
- Tangible fixed assets +€19,613
up €19,613 (+70.8%), from €27,683 to €47,296
of which Furniture and vehicles: +€17,605
- Stocks and contracts -€1,457
down €1,457 (-60.3%), from €2,417 to €960
- Trade debts -€22,890
down €22,890 (-82.3%), from €27,811 to €4,921
- Debts after one year +€18,750
new in 2025: €18,750
- Profit (loss) carried forward +€14,552
up €14,552 (+42.7%), from €34,061 to €48,613
- Current portion of long-term debt +€7,196
new in 2025: €7,196
- Tax, wage and social debts -€2,843
down €2,843 (-33.2%), from €8,567 to €5,724
of which Remuneration and social security: -€2,731
- Gross operating margin +€31,060
up €31,060 (+178%), from €17,433 to €48,493
- Staff costs -€14,867
down €14,867 (-67.5%), from €22,022 to €7,155
- Other operating charges +€13,553
up €13,553 (+1,884%), from €719 to €14,272
- Depreciation +€5,442
up €5,442 (+115%), from €4,734 to €10,176
- Taxes +€947
up €947 (+13,506%), from €7 to €954
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,439 | €86,609 | +€15,171 | +21.2% |
| Fixed assets | 21/28 | €30,606 | €49,502 | +€18,896 | +61.7% |
| Intangible fixed assets | 21 | €2,528 | €1,811 | -€717 | -28.4% |
| Tangible fixed assets | 22/27 | €27,683 | €47,296 | +€19,613 | +70.8% |
| Plant, machinery and equipment | 23 | €8,772 | €11,504 | +€2,732 | +31.1% |
| Furniture and vehicles | 24 | €18,187 | €35,792 | +€17,605 | +96.8% |
| Other tangible fixed assets | 26 | €724 | €0 | -€724 | -100% |
| Financial fixed assets | 28 | €394 | €394 | = | 0.0% |
| Current assets | 29/58 | €40,833 | €37,108 | -€3,725 | -9.1% |
| Stocks and contracts in progress | 3 | €2,417 | €960 | -€1,457 | -60.3% |
| Stocks | 30/36 | €2,417 | €960 | -€1,457 | -60.3% |
| Amounts receivable within one year | 40/41 | €34,942 | €9,113 | -€25,829 | -73.9% |
| Trade receivables | 40 | €110 | - | -€110 | |
| Other amounts receivable | 41 | €34,832 | €9,113 | -€25,719 | -73.8% |
| Cash at bank and in hand | 54/58 | €3,474 | €27,035 | +€23,561 | +678% |
| Total equity and liabilities | 10/49 | €71,439 | €86,609 | +€15,171 | +21.2% |
| Equity | 10/15 | €35,061 | €49,613 | +€14,552 | +41.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,061 | €48,613 | +€14,552 | +42.7% |
| Amounts payable | 17/49 | €36,378 | €36,996 | +€618 | +1.7% |
| Amounts payable after more than one year | 17 | - | €18,750 | +€18,750 | |
| Financial debts | 170/4 | - | €18,750 | +€18,750 | |
| Amounts payable within one year | 42/48 | €36,378 | €18,246 | -€18,131 | -49.8% |
| Current portion of amounts payable after more than one year | 42 | - | €7,196 | +€7,196 | |
| Trade debts | 44 | €27,811 | €4,921 | -€22,890 | -82.3% |
| Suppliers | 440/4 | €27,811 | €4,921 | -€22,890 | -82.3% |
| Taxes, remuneration and social security | 45 | €8,567 | €5,724 | -€2,843 | -33.2% |
| Taxes | 450/3 | €3,365 | €3,252 | -€112 | -3.3% |
| Remuneration and social security | 454/9 | €5,202 | €2,472 | -€2,731 | -52.5% |
| Other amounts payable | 47/48 | - | €405 | +€405 | |
| Remuneration, social security and pensions | 62 | €22,022 | €7,155 | -€14,867 | -67.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,734 | €10,176 | +€5,442 | +115% |
| Other operating charges | 640/8 | €719 | €14,272 | +€13,553 | +1,884% |
| Gross operating margin | 9900 | €17,433 | €48,493 | +€31,060 | +178% |
| Operating profit (loss) | 9901 | -€10,042 | €16,891 | +€26,933 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -97.4% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -97.4% |
| Financial charges | 65/66B | €968 | €1,385 | +€417 | +43.1% |
| Recurring financial charges | 65 | €968 | €1,385 | +€417 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,007 | €15,506 | +€26,513 | |
| Income taxes | 67/77 | €7 | €954 | +€947 | +13,506% |
| Profit (loss) for the period | 9904 | -€11,014 | €14,552 | +€25,566 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,014 | €14,552 | +€25,566 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.