ROSE MARIN IMMO: 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 MARIN IMMO
Largest movements
- Tangible fixed assets +€205,167
up €205,167 (+10.3%), from €2.0m to €2.2m
of which Land and buildings: +€203,235
- Debts after one year +€255,026
up €255,026 (+13.3%), from €1.9m to €2.2m
of which Other amounts payable: +€168,639
- Reserves -€117,075
down €117,075 (-36.4%), from €321,573 to €204,498
of which Non-distributable reserves: -€123,875
- Profit (loss) carried forward +€51,831
no longer reported in 2026 (was -€51,831)
- Tax, wage and social debts -€42,403
no longer reported in 2026 (was €42,403)
- Other debts +€32,837
up €32,837 (+51.8%), from €63,369 to €96,206
- Depreciation +€103,010
up €103,010 (+120%), from €85,888 to €188,898
- Gross operating margin +€90,113
up €90,113 (+66.6%), from €135,382 to €225,495
- Financial charges +€30,327
up €30,327 (+61.5%), from €49,287 to €79,614
- Other operating charges +€6,452
up €6,452 (+40.7%), from €15,854 to €22,306
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 | €2,490,543 | €2,701,571 | +€211,028 | +8.5% |
| Fixed assets | 21/28 | €2,451,846 | €2,657,013 | +€205,167 | +8.4% |
| Tangible fixed assets | 22/27 | €1,985,846 | €2,191,013 | +€205,167 | +10.3% |
| Land and buildings | 22 | €1,957,807 | €2,161,042 | +€203,235 | +10.4% |
| Plant, machinery and equipment | 23 | €28,039 | €29,970 | +€1,931 | +6.9% |
| Financial fixed assets | 28 | €466,000 | €466,000 | = | 0.0% |
| Current assets | 29/58 | €38,697 | €44,558 | +€5,861 | +15.1% |
| Amounts receivable within one year | 40/41 | €1,147 | €2,634 | +€1,487 | +130% |
| Trade receivables | 40 | €955 | €2,634 | +€1,679 | +176% |
| Other amounts receivable | 41 | €192 | - | -€192 | |
| Cash at bank and in hand | 54/58 | €32,016 | €37,241 | +€5,225 | +16.3% |
| Deferred charges and accrued income | 490/1 | €5,534 | €4,683 | -€851 | -15.4% |
| Total equity and liabilities | 10/49 | €2,490,543 | €2,701,571 | +€211,028 | +8.5% |
| Equity | 10/15 | €288,342 | €223,098 | -€65,244 | -22.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €321,573 | €204,498 | -€117,075 | -36.4% |
| Non-distributable reserves | 130/1 | €125,734 | €1,859 | -€123,875 | -98.5% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | +€0 | 0.0% |
| Other | 1319 | €123,875 | - | -€123,875 | |
| Distributable reserves | 133 | €195,839 | €202,639 | +€6,800 | +3.5% |
| Profit (loss) carried forward | 14 | -€51,831 | - | +€51,831 | |
| Amounts payable | 17/49 | €2,202,201 | €2,478,473 | +€276,272 | +12.5% |
| Amounts payable after more than one year | 17 | €1,916,705 | €2,171,731 | +€255,026 | +13.3% |
| Financial debts | 170/4 | €1,676,965 | €1,763,352 | +€86,387 | +5.2% |
| Other amounts payable | 178/9 | €239,740 | €408,379 | +€168,639 | +70.3% |
| Amounts payable within one year | 42/48 | €274,495 | €301,376 | +€26,881 | +9.8% |
| Current portion of amounts payable after more than one year | 42 | €153,261 | €178,268 | +€25,007 | +16.3% |
| Financial debts | 43 | €3,820 | - | -€3,820 | |
| Credit institutions | 430/8 | €3,820 | - | -€3,820 | |
| Trade debts | 44 | €11,642 | €15,001 | +€3,359 | +28.9% |
| Suppliers | 440/4 | €11,642 | €15,001 | +€3,359 | +28.9% |
| Advances received on contracts in progress | 46 | - | €11,900 | +€11,900 | |
| Taxes, remuneration and social security | 45 | €42,403 | - | -€42,403 | |
| Taxes | 450/3 | €42,403 | - | -€42,403 | |
| Other amounts payable | 47/48 | €63,369 | €96,206 | +€32,837 | +51.8% |
| Accrued charges and deferred income | 492/3 | €11,001 | €5,366 | -€5,635 | -51.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,888 | €188,898 | +€103,010 | +120% |
| Other operating charges | 640/8 | €15,854 | €22,306 | +€6,452 | +40.7% |
| Gross operating margin | 9900 | €135,382 | €225,495 | +€90,113 | +66.6% |
| Operating profit (loss) | 9901 | €33,640 | €14,292 | -€19,348 | -57.5% |
| Financial income | 75/76B | - | €78 | +€78 | |
| Recurring financial income | 75 | - | €78 | +€78 | |
| Financial charges | 65/66B | €49,287 | €79,614 | +€30,327 | +61.5% |
| Recurring financial charges | 65 | €49,287 | €79,614 | +€30,327 | +61.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,647 | -€65,244 | -€49,597 | -317% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€15,647 | -€65,244 | -€49,597 | -317% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,647 | -€65,244 | -€49,597 | -317% |
Source: filed annual accounts (NBB), financial years ended 30 April 2025 and 30 April 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.