ROSAS: 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.
ROSAS
Largest movements
- Cash -€140,125
down €140,125 (-29.6%), from €474,114 to €333,989
mainly Contributions, distributions and other (-€113,353) and Receivables within one year (-€42,859)
- Receivables within one year +€42,859
up €42,859 (+75.1%), from €57,038 to €99,897
of which Other amounts receivable: +€25,984
- Tangible fixed assets -€20,928
down €20,928 (-34.9%), from €59,931 to €39,003
of which Furniture and vehicles: -€20,264
- Reserves -€68,883
down €68,883 (-24.9%), from €277,015 to €208,132
of which Distributable reserves: -€68,883
- Other debts -€37,857
down €37,857 (-26.2%), from €144,417 to €106,560
- Tax, wage and social debts -€6,989
down €6,989 (-80.8%), from €8,645 to €1,656
of which Remuneration and social security: -€4,895
- Gross operating margin +€30,737
up €30,737 (+24.5%), from €125,344 to €156,081
- Financial income +€18,098
up €18,098 (+1408.3%), from €1,285 to €19,383
- Taxes +€14,569
up €14,569 (+214.7%), from €6,787 to €21,357
- Staff costs +€12,908
up €12,908 (+17.9%), from €71,930 to €84,838
- Depreciation +€1,968
up €1,968 (+9.5%), from €20,678 to €22,645
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 | €594,226 | €477,355 | -€116,871 | -19.7% |
| Fixed assets | 21/28 | €60,196 | €39,003 | -€21,193 | -35.2% |
| Tangible fixed assets | 22/27 | €59,931 | €39,003 | -€20,928 | -34.9% |
| Plant, machinery and equipment | 23 | €8,321 | €6,167 | -€2,154 | -25.9% |
| Furniture and vehicles | 24 | €51,610 | €31,345 | -€20,264 | -39.3% |
| Other tangible fixed assets | 26 | - | €1,490 | +€1,490 | |
| Financial fixed assets | 28 | €265 | - | -€265 | |
| Current assets | 29/58 | €534,030 | €438,352 | -€95,678 | -17.9% |
| Amounts receivable after more than one year | 29 | - | €232 | +€232 | |
| Other amounts receivable | 291 | - | €232 | +€232 | |
| Amounts receivable within one year | 40/41 | €57,038 | €99,897 | +€42,859 | +75.1% |
| Trade receivables | 40 | €1,629 | €18,503 | +€16,875 | +1036.2% |
| Other amounts receivable | 41 | €55,409 | €81,394 | +€25,984 | +46.9% |
| Cash at bank and in hand | 54/58 | €474,114 | €333,989 | -€140,125 | -29.6% |
| Deferred charges and accrued income | 490/1 | €2,878 | €4,234 | +€1,356 | +47.1% |
| Total equity and liabilities | 10/49 | €594,226 | €477,355 | -€116,871 | -19.7% |
| Equity | 10/15 | €435,354 | €366,471 | -€68,883 | -15.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €277,015 | €208,132 | -€68,883 | -24.9% |
| Non-distributable reserves | 130/1 | €17,970 | €17,970 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,970 | €17,970 | = | 0.0% |
| Distributable reserves | 133 | €259,045 | €190,162 | -€68,883 | -26.6% |
| Profit (loss) carried forward | 14 | €152,139 | €152,139 | = | 0.0% |
| Amounts payable | 17/49 | €158,871 | €110,884 | -€47,987 | -30.2% |
| Amounts payable within one year | 42/48 | €158,871 | €110,884 | -€47,987 | -30.2% |
| Trade debts | 44 | €5,809 | €2,668 | -€3,141 | -54.1% |
| Suppliers | 440/4 | €5,809 | €2,668 | -€3,141 | -54.1% |
| Taxes, remuneration and social security | 45 | €8,645 | €1,656 | -€6,989 | -80.8% |
| Taxes | 450/3 | €3,750 | €1,656 | -€2,095 | -55.9% |
| Remuneration and social security | 454/9 | €4,895 | €1 | -€4,895 | -100.0% |
| Other amounts payable | 47/48 | €144,417 | €106,560 | -€37,857 | -26.2% |
| Remuneration, social security and pensions | 62 | €71,930 | €84,838 | +€12,908 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,678 | €22,645 | +€1,968 | +9.5% |
| Other operating charges | 640/8 | €2,208 | €2,108 | -€100 | -4.5% |
| Gross operating margin | 9900 | €125,344 | €156,081 | +€30,737 | +24.5% |
| Operating profit (loss) | 9901 | €30,529 | €46,490 | +€15,961 | +52.3% |
| Financial income | 75/76B | €1,285 | €19,383 | +€18,098 | +1408.3% |
| Recurring financial income | 75 | €1,285 | €19,383 | +€18,098 | +1408.3% |
| Financial charges | 65/66B | €59 | €47 | -€12 | -19.7% |
| Recurring financial charges | 65 | €59 | €47 | -€12 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €31,755 | €65,826 | +€34,071 | +107.3% |
| Income taxes | 67/77 | €6,787 | €21,357 | +€14,569 | +214.7% |
| Profit (loss) for the period | 9904 | €24,968 | €44,470 | +€19,502 | +78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,968 | €44,470 | +€19,502 | +78.1% |
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.