ROSCAM: 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.
ROSCAM
Largest movements
- Tangible fixed assets -€62,677
down €62,677 (-41.9%), from €149,659 to €86,981
of which Plant, machinery and equipment: -€59,555
- Receivables within one year -€15,867
down €15,867 (-66.2%), from €23,964 to €8,096
of which Trade receivables: -€11,588
- Cash +€11,511
up €11,511 (+17.0%), from €67,548 to €79,058
mainly Depreciation (+€62,677) and Other debts (+€16,298)
- Deferred charges and accrued income -€3,906
down €3,906 (-100.0%), from €3,906 to €0
- Financial fixed assets +€3,300
new in 2025: €3,300
- Debts after one year -€50,578
down €50,578 (-46.0%), from €109,855 to €59,277
- Trade debts -€36,212
down €36,212 (-64.5%), from €56,141 to €19,928
- Other debts +€16,298
up €16,298 (+60.7%), from €26,852 to €43,150
- Current portion of long-term debt +€8,258
up €8,258 (+52.4%), from €15,763 to €24,021
- Tax, wage and social debts -€2,873
down €2,873 (-32.2%), from €8,911 to €6,038
of which Taxes: -€4,476
- Gross operating margin -€44,515
down €44,515 (-25.5%), from €174,319 to €129,804
- Staff costs -€42,753
down €42,753 (-41.9%), from €101,953 to €59,200
- Other operating charges -€5,586
down €5,586 (-85.4%), from €6,538 to €952
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 | €252,077 | €187,465 | -€64,611 | -25.6% |
| Fixed assets | 21/28 | €149,659 | €90,281 | -€59,377 | -39.7% |
| Tangible fixed assets | 22/27 | €149,659 | €86,981 | -€62,677 | -41.9% |
| Land and buildings | 22 | €4,940 | €4,108 | -€832 | -16.8% |
| Plant, machinery and equipment | 23 | €141,328 | €81,773 | -€59,555 | -42.1% |
| Furniture and vehicles | 24 | €3,391 | €1,101 | -€2,290 | -67.5% |
| Financial fixed assets | 28 | - | €3,300 | +€3,300 | |
| Current assets | 29/58 | €102,418 | €97,184 | -€5,234 | -5.1% |
| Stocks and contracts in progress | 3 | €7,001 | €10,029 | +€3,029 | +43.3% |
| Stocks | 30/36 | €7,001 | €10,029 | +€3,029 | +43.3% |
| Amounts receivable within one year | 40/41 | €23,964 | €8,096 | -€15,867 | -66.2% |
| Trade receivables | 40 | €12,361 | €773 | -€11,588 | -93.8% |
| Other amounts receivable | 41 | €11,603 | €7,324 | -€4,279 | -36.9% |
| Cash at bank and in hand | 54/58 | €67,548 | €79,058 | +€11,511 | +17.0% |
| Deferred charges and accrued income | 490/1 | €3,906 | €0 | -€3,906 | -100.0% |
| Total equity and liabilities | 10/49 | €252,077 | €187,465 | -€64,611 | -25.6% |
| Equity | 10/15 | €31,764 | €32,230 | +€466 | +1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €78,905 | €78,905 | = | 0.0% |
| Distributable reserves | 133 | €78,905 | €78,905 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,742 | -€65,275 | +€466 | +0.7% |
| Amounts payable | 17/49 | €220,313 | €155,236 | -€65,078 | -29.5% |
| Amounts payable after more than one year | 17 | €109,855 | €59,277 | -€50,578 | -46.0% |
| Financial debts | 170/4 | €109,855 | €59,277 | -€50,578 | -46.0% |
| Amounts payable within one year | 42/48 | €110,458 | €95,959 | -€14,499 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €15,763 | €24,021 | +€8,258 | +52.4% |
| Trade debts | 44 | €56,141 | €19,928 | -€36,212 | -64.5% |
| Suppliers | 440/4 | €56,141 | €19,928 | -€36,212 | -64.5% |
| Advances received on contracts in progress | 46 | €2,792 | €2,821 | +€29 | +1.1% |
| Taxes, remuneration and social security | 45 | €8,911 | €6,038 | -€2,873 | -32.2% |
| Taxes | 450/3 | €6,040 | €1,564 | -€4,476 | -74.1% |
| Remuneration and social security | 454/9 | €2,871 | €4,474 | +€1,603 | +55.8% |
| Other amounts payable | 47/48 | €26,852 | €43,150 | +€16,298 | +60.7% |
| Remuneration, social security and pensions | 62 | €101,953 | €59,200 | -€42,753 | -41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,871 | €62,677 | -€1,193 | -1.9% |
| Other operating charges | 640/8 | €6,538 | €952 | -€5,586 | -85.4% |
| Gross operating margin | 9900 | €174,319 | €129,804 | -€44,515 | -25.5% |
| Operating profit (loss) | 9901 | €1,957 | €6,975 | +€5,017 | +256.3% |
| Financial income | 75/76B | €126 | €29 | -€96 | -76.6% |
| Recurring financial income | 75 | €126 | €29 | -€96 | -76.6% |
| Financial charges | 65/66B | €5,092 | €4,030 | -€1,063 | -20.9% |
| Recurring financial charges | 65 | €5,092 | €4,030 | -€1,063 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,009 | €2,974 | +€5,984 | |
| Income taxes | 67/77 | €1,553 | €2,508 | +€955 | +61.5% |
| Profit (loss) for the period | 9904 | -€4,563 | €466 | +€5,029 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,563 | €466 | +€5,029 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.