Rosenbergh: 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.
Rosenbergh
Largest movements
- Tangible fixed assets -€151,701
down €151,701 (-10.1%), from €1.5m to €1.3m
of which Land and buildings: -€153,803
- Receivables within one year -€84,387
down €84,387 (-31.0%), from €272,087 to €187,699
of which Other amounts receivable: -€84,387
- Cash -€52,451
down €52,451 (-32.5%), from €161,316 to €108,865
mainly Contributions, distributions and other (-€361,166) and Debts after one year (-€61,600)
- Contributions -€309,000
down €309,000 (-45.2%), from €684,000 to €375,000
- Reserves +€91,779
up €91,779 (+118%), from €77,603 to €169,382
- Debts after one year -€61,600
down €61,600 (-6.1%), from €1.0m to €954,800
- Profit (loss) carried forward -€52,166
down €52,166 (-100%), from €52,166 to €0
- Tax, wage and social debts +€44,292
up €44,292 (+101%), from €43,916 to €88,208
of which Taxes: +€44,158
- Financial charges -€17,115
down €17,115 (-35.0%), from €48,955 to €31,840
- Taxes +€9,438
up €9,438 (+31.1%), from €30,345 to €39,782
- Gross operating margin +€7,635
up €7,635 (+4.0%), from €191,768 to €199,402
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 | €1,935,728 | €1,649,032 | -€286,696 | -14.8% |
| Fixed assets | 21/28 | €1,500,972 | €1,349,270 | -€151,701 | -10.1% |
| Tangible fixed assets | 22/27 | €1,500,972 | €1,349,270 | -€151,701 | -10.1% |
| Land and buildings | 22 | €1,497,499 | €1,343,696 | -€153,803 | -10.3% |
| Furniture and vehicles | 24 | €1,722 | €3,824 | +€2,101 | +122% |
| Other tangible fixed assets | 26 | €1,750 | €1,750 | = | 0.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €434,756 | €299,762 | -€134,995 | -31.1% |
| Amounts receivable within one year | 40/41 | €272,087 | €187,699 | -€84,387 | -31.0% |
| Trade receivables | 40 | €16,500 | €16,500 | = | 0.0% |
| Other amounts receivable | 41 | €255,587 | €171,199 | -€84,387 | -33.0% |
| Cash at bank and in hand | 54/58 | €161,316 | €108,865 | -€52,451 | -32.5% |
| Deferred charges and accrued income | 490/1 | €1,353 | €3,197 | +€1,844 | +136% |
| Total equity and liabilities | 10/49 | €1,935,728 | €1,649,032 | -€286,696 | -14.8% |
| Equity | 10/15 | €813,769 | €544,382 | -€269,387 | -33.1% |
| Contributions | 10/11 | €684,000 | €375,000 | -€309,000 | -45.2% |
| Reserves | 13 | €77,603 | €169,382 | +€91,779 | +118% |
| Distributable reserves | 133 | €77,603 | €169,382 | +€91,779 | +118% |
| Profit (loss) carried forward | 14 | €52,166 | €0 | -€52,166 | -100% |
| Amounts payable | 17/49 | €1,121,959 | €1,104,650 | -€17,309 | -1.5% |
| Amounts payable after more than one year | 17 | €1,016,400 | €954,800 | -€61,600 | -6.1% |
| Financial debts | 170/4 | €1,016,400 | €954,800 | -€61,600 | -6.1% |
| Amounts payable within one year | 42/48 | €105,559 | €149,850 | +€44,291 | +42.0% |
| Current portion of amounts payable after more than one year | 42 | €61,600 | €61,600 | = | 0.0% |
| Trade debts | 44 | €44 | €43 | -€1 | -2.3% |
| Suppliers | 440/4 | €44 | €43 | -€1 | -2.3% |
| Taxes, remuneration and social security | 45 | €43,916 | €88,208 | +€44,292 | +101% |
| Taxes | 450/3 | €43,014 | €87,172 | +€44,158 | +103% |
| Remuneration and social security | 454/9 | €902 | €1,036 | +€134 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,530 | €32,683 | +€153 | +0.5% |
| Other operating charges | 640/8 | €2,806 | €3,488 | +€682 | +24.3% |
| Gross operating margin | 9900 | €191,768 | €199,402 | +€7,635 | +4.0% |
| Operating profit (loss) | 9901 | €156,432 | €163,231 | +€6,800 | +4.3% |
| Financial income | 75/76B | €471 | €170 | -€301 | -63.9% |
| Recurring financial income | 75 | €471 | €170 | -€301 | -63.9% |
| Financial charges | 65/66B | €48,955 | €31,840 | -€17,115 | -35.0% |
| Recurring financial charges | 65 | €48,955 | €31,840 | -€17,115 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €107,948 | €131,561 | +€23,613 | +21.9% |
| Income taxes | 67/77 | €30,345 | €39,782 | +€9,438 | +31.1% |
| Profit (loss) for the period | 9904 | €77,603 | €91,779 | +€14,176 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €77,603 | €91,779 | +€14,176 | +18.3% |
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 17 October 2026 via checked.be.