ROSE METAL: what changed
ROSE METAL
Largest movements
- Cash +€46,303
up €46,303 (+34.4%), from €134,419 to €180,722
mainly Net result for the year (+€111,586) and Trade debts (+€43,727)
- Receivables within one year +€32,740
up €32,740 (+176%), from €18,652 to €51,392
of which Other amounts receivable: +€18,088
- Stocks and contracts +€31,632
up €31,632 (+31.2%), from €101,441 to €133,073
- Current investments -€20,000
down €20,000 (-13.3%), from €150,000 to €130,000
- Tangible fixed assets -€13,966
down €13,966 (-19.5%), from €71,565 to €57,599
of which Furniture and vehicles: -€7,038
- Reserves +€52,050
up €52,050 (+14.2%), from €366,010 to €418,060
of which Distributable reserves: +€52,050
- Trade debts +€43,727
up €43,727 (+597%), from €7,330 to €51,057
- Tax, wage and social debts -€16,058
down €16,058 (-16.5%), from €97,128 to €81,070
of which Taxes: -€15,197
- Other debts +€15,000
new in 2025: €15,000
- Gross operating margin +€49,679
up €49,679 (+15.0%), from €331,179 to €380,858
- Taxes +€26,085
up €26,085 (+79.7%), from €32,717 to €58,802
- Staff costs -€17,969
down €17,969 (-8.8%), from €205,112 to €187,143
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €501,949 | €588,198 | +€86,249 | +17.2% |
| Fixed assets | 21/28 | €87,150 | €73,184 | -€13,966 | -16.0% |
| Tangible fixed assets | 22/27 | €71,565 | €57,599 | -€13,966 | -19.5% |
| Furniture and vehicles | 24 | €13,185 | €6,147 | -€7,038 | -53.4% |
| Other tangible fixed assets | 26 | €58,380 | €51,452 | -€6,928 | -11.9% |
| Financial fixed assets | 28 | €15,585 | €15,585 | = | 0.0% |
| Current assets | 29/58 | €414,799 | €515,014 | +€100,215 | +24.2% |
| Stocks and contracts in progress | 3 | €101,441 | €133,073 | +€31,632 | +31.2% |
| Stocks | 30/36 | €101,441 | €133,073 | +€31,632 | +31.2% |
| Amounts receivable within one year | 40/41 | €18,652 | €51,392 | +€32,740 | +176% |
| Trade receivables | 40 | €12,939 | €27,591 | +€14,652 | +113% |
| Other amounts receivable | 41 | €5,713 | €23,801 | +€18,088 | +317% |
| Current investments | 50/53 | €150,000 | €130,000 | -€20,000 | -13.3% |
| Cash at bank and in hand | 54/58 | €134,419 | €180,722 | +€46,303 | +34.4% |
| Deferred charges and accrued income | 490/1 | €10,287 | €19,827 | +€9,540 | +92.7% |
| Total equity and liabilities | 10/49 | €501,949 | €588,198 | +€86,249 | +17.2% |
| Equity | 10/15 | €386,264 | €438,350 | +€52,086 | +13.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €366,010 | €418,060 | +€52,050 | +14.2% |
| Tax-exempt reserves | 132 | €70,950 | €70,950 | = | 0.0% |
| Distributable reserves | 133 | €295,060 | €347,110 | +€52,050 | +17.6% |
| Profit (loss) carried forward | 14 | €14,054 | €14,090 | +€36 | +0.3% |
| Amounts payable | 17/49 | €115,685 | €149,848 | +€34,163 | +29.5% |
| Amounts payable after more than one year | 17 | €2,721 | - | -€2,721 | |
| Financial debts | 170/4 | €2,721 | - | -€2,721 | |
| Amounts payable within one year | 42/48 | €112,551 | €149,848 | +€37,297 | +33.1% |
| Current portion of amounts payable after more than one year | 42 | €8,093 | €2,721 | -€5,372 | -66.4% |
| Trade debts | 44 | €7,330 | €51,057 | +€43,727 | +597% |
| Suppliers | 440/4 | €7,330 | €51,057 | +€43,727 | +597% |
| Taxes, remuneration and social security | 45 | €97,128 | €81,070 | -€16,058 | -16.5% |
| Taxes | 450/3 | €68,915 | €53,718 | -€15,197 | -22.1% |
| Remuneration and social security | 454/9 | €28,213 | €27,352 | -€861 | -3.1% |
| Other amounts payable | 47/48 | - | €15,000 | +€15,000 | |
| Accrued charges and deferred income | 492/3 | €413 | - | -€413 | |
| Non-recurring operating income | 76A | €401 | - | -€401 | |
| Remuneration, social security and pensions | 62 | €205,112 | €187,143 | -€17,969 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,663 | €20,016 | -€1,647 | -7.6% |
| Other operating charges | 640/8 | €1,815 | €1,736 | -€79 | -4.4% |
| Gross operating margin | 9900 | €331,179 | €380,858 | +€49,679 | +15.0% |
| Operating profit (loss) | 9901 | €102,589 | €171,963 | +€69,374 | +67.6% |
| Financial income | 75/76B | €4,169 | €7,371 | +€3,202 | +76.8% |
| Recurring financial income | 75 | €4,169 | €7,371 | +€3,202 | +76.8% |
| Financial charges | 65/66B | €10,583 | €8,946 | -€1,637 | -15.5% |
| Recurring financial charges | 65 | €10,583 | €8,946 | -€1,637 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €96,175 | €170,388 | +€74,213 | +77.2% |
| Income taxes | 67/77 | €32,717 | €58,802 | +€26,085 | +79.7% |
| Profit (loss) for the period | 9904 | €63,458 | €111,586 | +€48,128 | +75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €63,458 | €111,586 | +€48,128 | +75.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.