ROSCH INVEST: 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.
ROSCH INVEST
Largest movements
- Tangible fixed assets +€624,110
up €624,110 (+74.6%), from €836,626 to €1.5m
of which Land and buildings: +€617,789
- Debts after one year +€593,603
up €593,603 (+75.2%), from €789,883 to €1.4m
of which Financial debts: +€399,300
- Current portion of long-term debt +€40,000
up €40,000 (+87.0%), from €46,000 to €86,000
- Reserves +€23,654
new in 2026: €23,654
- Gross operating margin +€84,413
up €84,413 (+141%), from €59,858 to €144,271
- Depreciation +€37,621
up €37,621 (+93.2%), from €40,360 to €77,981
- Financial charges +€15,334
up €15,334 (+85.5%), from €17,934 to €33,267
- Other operating charges +€9,010
up €9,010 (+2,021%), from €446 to €9,456
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €894,978 | €1,511,317 | +€616,340 | +68.9% |
| Fixed assets | 21/28 | €836,626 | €1,460,736 | +€624,110 | +74.6% |
| Tangible fixed assets | 22/27 | €836,626 | €1,460,736 | +€624,110 | +74.6% |
| Land and buildings | 22 | €826,022 | €1,443,811 | +€617,789 | +74.8% |
| Plant, machinery and equipment | 23 | - | €7,383 | +€7,383 | |
| Furniture and vehicles | 24 | €10,605 | €9,542 | -€1,063 | -10.0% |
| Current assets | 29/58 | €58,352 | €50,582 | -€7,770 | -13.3% |
| Amounts receivable within one year | 40/41 | €57,475 | €43,255 | -€14,220 | -24.7% |
| Trade receivables | 40 | €57,475 | €20,620 | -€36,855 | -64.1% |
| Other amounts receivable | 41 | - | €22,635 | +€22,635 | |
| Cash at bank and in hand | 54/58 | - | €5,589 | +€5,589 | |
| Deferred charges and accrued income | 490/1 | €877 | €1,737 | +€861 | +98.2% |
| Total equity and liabilities | 10/49 | €894,978 | €1,511,317 | +€616,340 | +68.9% |
| Equity | 10/15 | €7,086 | €29,654 | +€22,568 | +319% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | - | €23,654 | +€23,654 | |
| Distributable reserves | 133 | - | €23,654 | +€23,654 | |
| Profit (loss) carried forward | 14 | €1,086 | €0 | -€1,086 | -100% |
| Amounts payable | 17/49 | €887,892 | €1,481,664 | +€593,772 | +66.9% |
| Amounts payable after more than one year | 17 | €789,883 | €1,383,486 | +€593,603 | +75.2% |
| Financial debts | 170/4 | €679,833 | €1,079,134 | +€399,300 | +58.7% |
| Other amounts payable | 178/9 | €110,050 | €304,352 | +€194,302 | +177% |
| Amounts payable within one year | 42/48 | €92,245 | €96,102 | +€3,857 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €46,000 | €86,000 | +€40,000 | +87.0% |
| Trade debts | 44 | €17,615 | €5,794 | -€11,820 | -67.1% |
| Suppliers | 440/4 | €17,615 | €5,794 | -€11,820 | -67.1% |
| Taxes, remuneration and social security | 45 | €13,149 | €2,637 | -€10,512 | -79.9% |
| Taxes | 450/3 | €8,242 | €197 | -€8,046 | -97.6% |
| Remuneration and social security | 454/9 | €4,907 | €2,441 | -€2,466 | -50.3% |
| Other amounts payable | 47/48 | €15,481 | €1,670 | -€13,811 | -89.2% |
| Accrued charges and deferred income | 492/3 | €5,764 | €2,075 | -€3,688 | -64.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,360 | €77,981 | +€37,621 | +93.2% |
| Other operating charges | 640/8 | €446 | €9,456 | +€9,010 | +2,021% |
| Gross operating margin | 9900 | €59,858 | €144,271 | +€84,413 | +141% |
| Operating profit (loss) | 9901 | €19,052 | €56,834 | +€37,783 | +198% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €17,934 | €33,267 | +€15,334 | +85.5% |
| Recurring financial charges | 65 | €17,934 | €33,267 | +€15,334 | +85.5% |
| Profit (loss) for the period before taxes | 9903 | €1,118 | €23,567 | +€22,449 | +2,008% |
| Income taxes | 67/77 | €33 | €166 | +€134 | +410% |
| Profit (loss) for the period | 9904 | €1,086 | €23,401 | +€22,315 | +2,055% |
| Profit (loss) for the period to be appropriated | 9905 | €1,086 | €23,401 | +€22,315 | +2,055% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.