Skip to content

ROSEOL: what changed

Two fiscal 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.

What changed

ROSEOL

BE 0465.922.672
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€122,521
2024 · -€64,131+€186,651
Equity
-€36,206
2024 · -€158,727+€122,521
Cash
€44,409
2024 · €51,048-€6,639
Balance sheet total
€2.0m
2024 · €2.1m-€132,817

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€124,647

    down €124,647 (-6.1%), from €2.0m to €1.9m

    of which Other tangible fixed assets: -€103,273

Equity and liabilities
  • Debts after one year -€251,009

    down €251,009 (-11.7%), from €2.1m to €1.9m

  • Profit (loss) carried forward +€122,521

    up €122,521 (+69.1%), from -€177,327 to -€54,806

Income statement
  • Gross operating margin +€191,383

    up €191,383 (+259.4%), from €73,772 to €265,155

  • Taxes +€12,133

    up €12,133 (+107.7%), from €11,264 to €23,397

  • Depreciation -€7,739

    down €7,739 (-7.3%), from €106,670 to €98,932

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€64,131
Gross operating margin +€191,383
Depreciation +€7,739
Other operating charges -€597
Other operating items +€310
Financial income -€38
Financial charges -€12
Taxes -€12,133
Result 2025 €122,521

Cash bridge derived

cash 2024 to 2025

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.

From operations +€218,655
Investment +€25,715
Financing -€251,009
Cash 2024 €51,048
Net result for the year +€122,521
Depreciation +€98,932
Smaller working-capital items -€79
Deferred charges and accrued income +€1,519
Trade debts -€4,238
Investment in fixed assets (net) +€25,715
Debts after one year -€251,009
Cash 2025 €44,409
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,105,406 €1,972,589 -€132,817 -6.3%
Fixed assets 21/28 €2,042,637 €1,917,991 -€124,647 -6.1%
Tangible fixed assets 22/27 €2,041,587 €1,916,941 -€124,647 -6.1%
Land and buildings 22 €343,369 €328,221 -€15,148 -4.4%
Furniture and vehicles 24 €32,488 €26,262 -€6,226 -19.2%
Other tangible fixed assets 26 €1,665,730 €1,562,457 -€103,273 -6.2%
Financial fixed assets 28 €1,050 €1,050 = 0.0%
Current assets 29/58 €62,769 €54,598 -€8,170 -13.0%
Amounts receivable within one year 40/41 €273 €261 -€12 -4.5%
Other amounts receivable 41 €273 €261 -€12 -4.5%
Cash at bank and in hand 54/58 €51,048 €44,409 -€6,639 -13.0%
Deferred charges and accrued income 490/1 €11,447 €9,929 -€1,519 -13.3%
Total equity and liabilities 10/49 €2,105,406 €1,972,589 -€132,817 -6.3%
Equity 10/15 -€158,727 -€36,206 +€122,521 +77.2%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €0 - =
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Profit (loss) carried forward 14 -€177,327 -€54,806 +€122,521 +69.1%
Amounts payable 17/49 €2,264,133 €2,008,795 -€255,338 -11.3%
Amounts payable after more than one year 17 €2,149,781 €1,898,772 -€251,009 -11.7%
Other amounts payable 178/9 €2,149,781 €1,898,772 -€251,009 -11.7%
Amounts payable within one year 42/48 €112,263 €108,025 -€4,238 -3.8%
Trade debts 44 €12,263 €8,025 -€4,238 -34.6%
Suppliers 440/4 €12,263 €8,025 -€4,238 -34.6%
Taxes, remuneration and social security 45 €0 - =
Taxes 450/3 €0 - =
Other amounts payable 47/48 €100,000 €100,000 = 0.0%
Accrued charges and deferred income 492/3 €2,089 €1,998 -€91 -4.4%
Non-recurring operating income 76A - €218,775 +€218,775
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €106,670 €98,932 -€7,739 -7.3%
Other operating charges 640/8 €19,650 €20,248 +€597 +3.0%
Non-recurring operating charges 66A €310 €0 -€310 -100.0%
Gross operating margin 9900 €73,772 €265,155 +€191,383 +259.4%
Operating profit (loss) 9901 -€52,858 €145,976 +€198,834
Financial income 75/76B €124 €86 -€38 -30.5%
Recurring financial income 75 €124 €86 -€38 -30.5%
Financial charges 65/66B €132 €145 +€12 +9.3%
Recurring financial charges 65 €132 €145 +€12 +9.3%
Profit (loss) for the period before taxes 9903 -€52,867 €145,917 +€198,784
Income taxes 67/77 €11,264 €23,397 +€12,133 +107.7%
Profit (loss) for the period 9904 -€64,131 €122,521 +€186,651
Profit (loss) for the period to be appropriated 9905 -€64,131 €122,521 +€186,651

Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.