ROSELIES hydro: 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.
ROSELIES hydro
Largest movements
- Receivables within one year -€220,134
down €220,134 (-69.3%), from €317,881 to €97,747
of which Trade receivables: -€140,697
- Cash +€182,786
up €182,786 (+117%), from €156,435 to €339,221
mainly Receivables within one year (+€220,134) and Depreciation (+€185,710)
- Tangible fixed assets -€162,583
down €162,583 (-7.1%), from €2.3m to €2.1m
- Current investments -€50,000
down €50,000 (-25.0%), from €200,000 to €150,000
- Debts after one year -€153,894
down €153,894 (-9.4%), from €1.6m to €1.5m
- Investment grants -€44,928
down €44,928 (-9.6%), from €470,375 to €425,447
- Trade debts -€41,084
down €41,084 (-66.1%), from €62,113 to €21,028
- Current portion of long-term debt -€34,254
down €34,254 (-18.2%), from €188,148 to €153,894
- Gross operating margin -€159,410
down €159,410 (-34.9%), from €456,795 to €297,385
- Financial income +€28,166
up €28,166 (+118%), from €23,917 to €52,084
- Financial charges +€11,797
up €11,797 (+32.9%), from €35,857 to €47,655
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 | €2,951,551 | €2,701,619 | -€249,932 | -8.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €2,277,235 | €2,114,652 | -€162,583 | -7.1% |
| Tangible fixed assets | 22/27 | €2,277,235 | €2,114,652 | -€162,583 | -7.1% |
| Land and buildings | 22 | €2,277,235 | €2,114,652 | -€162,583 | -7.1% |
| Current assets | 29/58 | €674,316 | €586,968 | -€87,349 | -13.0% |
| Amounts receivable within one year | 40/41 | €317,881 | €97,747 | -€220,134 | -69.3% |
| Trade receivables | 40 | €212,571 | €71,873 | -€140,697 | -66.2% |
| Other amounts receivable | 41 | €105,311 | €25,873 | -€79,437 | -75.4% |
| Current investments | 50/53 | €200,000 | €150,000 | -€50,000 | -25.0% |
| Cash at bank and in hand | 54/58 | €156,435 | €339,221 | +€182,786 | +117% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €2,951,551 | €2,701,619 | -€249,932 | -8.5% |
| Equity | 10/15 | €965,428 | €935,293 | -€30,135 | -3.1% |
| Contributions | 10/11 | €210,000 | €210,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €285,053 | €299,846 | +€14,793 | +5.2% |
| Investment grants | 15 | €470,375 | €425,447 | -€44,928 | -9.6% |
| Amounts payable | 17/49 | €1,986,123 | €1,766,326 | -€219,797 | -11.1% |
| Amounts payable after more than one year | 17 | €1,645,298 | €1,491,404 | -€153,894 | -9.4% |
| Financial debts | 170/4 | €1,645,298 | €1,491,404 | -€153,894 | -9.4% |
| Amounts payable within one year | 42/48 | €340,825 | €274,922 | -€65,903 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €188,148 | €153,894 | -€34,254 | -18.2% |
| Trade debts | 44 | €62,113 | €21,028 | -€41,084 | -66.1% |
| Suppliers | 440/4 | €62,113 | €21,028 | -€41,084 | -66.1% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €90,564 | €100,000 | +€9,436 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185,656 | €185,710 | +€54 | 0.0% |
| Other operating charges | 640/8 | €1,058 | €1,311 | +€253 | +23.9% |
| Gross operating margin | 9900 | €456,795 | €297,385 | -€159,410 | -34.9% |
| Operating profit (loss) | 9901 | €270,081 | €110,365 | -€159,717 | -59.1% |
| Financial income | 75/76B | €23,917 | €52,084 | +€28,166 | +118% |
| Recurring financial income | 75 | €23,917 | €52,084 | +€28,166 | +118% |
| Financial charges | 65/66B | €35,857 | €47,655 | +€11,797 | +32.9% |
| Recurring financial charges | 65 | €35,857 | €47,655 | +€11,797 | +32.9% |
| Profit (loss) for the period before taxes | 9903 | €258,141 | €114,793 | -€143,348 | -55.5% |
| Profit (loss) for the period | 9904 | €258,141 | €114,793 | -€143,348 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €258,141 | €114,793 | -€143,348 | -55.5% |
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 30 October 2026 via checked.be.