ROSE Group: 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.
ROSE Group
Largest movements
- Current investments +€75,054
new in 2025: €75,054
- Cash -€22,478
down €22,478 (-48.6%), from €46,232 to €23,754
mainly Current investments (-€75,054) and Investment in fixed assets (net) (-€18,929)
- Receivables within one year +€11,453
up €11,453 (+13.2%), from €86,796 to €98,249
of which Trade receivables: +€10,986
- Tangible fixed assets +€6,650
up €6,650 (+14.0%), from €47,619 to €54,269
of which Land and buildings: +€7,208
- Reserves +€68,022
up €68,022 (+67.7%), from €100,535 to €168,557
- Tax, wage and social debts +€4,182
up €4,182 (+8.6%), from €48,722 to €52,904
of which Taxes: +€3,946
- Gross operating margin +€59,576
up €59,576 (+55.3%), from €107,714 to €167,289
- Taxes +€15,636
up €15,636 (+129%), from €12,086 to €27,721
- Depreciation +€4,908
up €4,908 (+66.6%), from €7,371 to €12,280
- Staff costs +€2,282
up €2,282 (+4.0%), from €57,670 to €59,952
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.
Derived cash bridge
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 | €182,136 | €253,351 | +€71,215 | +39.1% |
| Fixed assets | 21/28 | €48,289 | €54,939 | +€6,650 | +13.8% |
| Tangible fixed assets | 22/27 | €47,619 | €54,269 | +€6,650 | +14.0% |
| Land and buildings | 22 | €36,094 | €43,302 | +€7,208 | +20.0% |
| Plant, machinery and equipment | 23 | €5,985 | €3,776 | -€2,210 | -36.9% |
| Furniture and vehicles | 24 | €5,540 | €7,191 | +€1,651 | +29.8% |
| Financial fixed assets | 28 | €670 | €670 | = | 0.0% |
| Current assets | 29/58 | €133,847 | €198,412 | +€64,565 | +48.2% |
| Amounts receivable within one year | 40/41 | €86,796 | €98,249 | +€11,453 | +13.2% |
| Trade receivables | 40 | €86,796 | €97,782 | +€10,986 | +12.7% |
| Other amounts receivable | 41 | €0 | €467 | +€467 | |
| Current investments | 50/53 | - | €75,054 | +€75,054 | |
| Cash at bank and in hand | 54/58 | €46,232 | €23,754 | -€22,478 | -48.6% |
| Deferred charges and accrued income | 490/1 | €819 | €1,355 | +€536 | +65.5% |
| Total equity and liabilities | 10/49 | €182,136 | €253,351 | +€71,215 | +39.1% |
| Equity | 10/15 | €119,135 | €187,157 | +€68,022 | +57.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,535 | €168,557 | +€68,022 | +67.7% |
| Distributable reserves | 133 | €100,535 | €168,557 | +€68,022 | +67.7% |
| Amounts payable | 17/49 | €63,001 | €66,194 | +€3,192 | +5.1% |
| Amounts payable within one year | 42/48 | €63,001 | €66,194 | +€3,192 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €321 | €251 | -€69 | -21.6% |
| Credit institutions | 430/8 | €321 | €251 | -€69 | -21.6% |
| Trade debts | 44 | €4,081 | €2,437 | -€1,644 | -40.3% |
| Suppliers | 440/4 | €4,081 | €2,437 | -€1,644 | -40.3% |
| Taxes, remuneration and social security | 45 | €48,722 | €52,904 | +€4,182 | +8.6% |
| Taxes | 450/3 | €41,653 | €45,599 | +€3,946 | +9.5% |
| Remuneration and social security | 454/9 | €7,069 | €7,305 | +€236 | +3.3% |
| Other amounts payable | 47/48 | €9,877 | €10,601 | +€723 | +7.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €57,670 | €59,952 | +€2,282 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,371 | €12,280 | +€4,908 | +66.6% |
| Other operating charges | 640/8 | €1,221 | €940 | -€281 | -23.0% |
| Gross operating margin | 9900 | €107,714 | €167,289 | +€59,576 | +55.3% |
| Operating profit (loss) | 9901 | €41,452 | €94,118 | +€52,666 | +127% |
| Financial income | 75/76B | €286 | €1,784 | +€1,498 | +524% |
| Recurring financial income | 75 | €286 | €1,784 | +€1,498 | +524% |
| Financial charges | 65/66B | €1,017 | €159 | -€858 | -84.4% |
| Recurring financial charges | 65 | €1,017 | €159 | -€858 | -84.4% |
| Profit (loss) for the period before taxes | 9903 | €40,721 | €95,744 | +€55,023 | +135% |
| Income taxes | 67/77 | €12,086 | €27,721 | +€15,636 | +129% |
| Profit (loss) for the period | 9904 | €28,635 | €68,022 | +€39,387 | +138% |
| Profit (loss) for the period to be appropriated | 9905 | €28,635 | €68,022 | +€39,387 | +138% |
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 28 October 2026 via checked.be.