ROSHECO: 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.
ROSHECO
Largest movements
- Receivables within one year -€125,609
down €125,609 (-38.7%), from €324,248 to €198,638
of which Other amounts receivable: -€129,395
- Cash -€24,551
down €24,551 (-24.6%), from €99,912 to €75,361
mainly Other debts (-€185,470) and Debts after one year (-€8,115)
- Tangible fixed assets -€13,772
down €13,772 (-29.8%), from €46,145 to €32,373
of which Leasing and similar rights: -€10,690
- Other debts -€185,470
down €185,470 (-93.6%), from €198,227 to €12,758
- Reserves +€33,463
up €33,463 (+10.8%), from €310,839 to €344,303
of which Distributable reserves: +€33,463
- Debts after one year -€8,115
down €8,115 (-50.7%), from €16,007 to €7,892
- Gross operating margin +€69,840
up €69,840, from -€6,933 to €62,907
- Financial income -€22,233
down €22,233 (-71.4%), from €31,143 to €8,909
- Taxes +€12,544
up €12,544 (+2520.1%), from €498 to €13,042
- Depreciation -€2,013
down €2,013 (-11.4%), from €17,644 to €15,631
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.
Cash bridge derived
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 | €553,088 | €390,152 | -€162,937 | -29.5% |
| Fixed assets | 21/28 | €127,276 | €113,504 | -€13,772 | -10.8% |
| Tangible fixed assets | 22/27 | €46,145 | €32,373 | -€13,772 | -29.8% |
| Plant, machinery and equipment | 23 | €3,141 | €3,327 | +€186 | +5.9% |
| Furniture and vehicles | 24 | €10,934 | €7,666 | -€3,268 | -29.9% |
| Leasing and similar rights | 25 | €32,070 | €21,380 | -€10,690 | -33.3% |
| Financial fixed assets | 28 | €81,131 | €81,131 | = | 0.0% |
| Current assets | 29/58 | €425,812 | €276,647 | -€149,165 | -35.0% |
| Amounts receivable within one year | 40/41 | €324,248 | €198,638 | -€125,609 | -38.7% |
| Trade receivables | 40 | €10,986 | €14,772 | +€3,786 | +34.5% |
| Other amounts receivable | 41 | €313,262 | €183,866 | -€129,395 | -41.3% |
| Cash at bank and in hand | 54/58 | €99,912 | €75,361 | -€24,551 | -24.6% |
| Deferred charges and accrued income | 490/1 | €1,653 | €2,648 | +€995 | +60.2% |
| Total equity and liabilities | 10/49 | €553,088 | €390,152 | -€162,937 | -29.5% |
| Equity | 10/15 | €317,558 | €351,021 | +€33,463 | +10.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €310,839 | €344,303 | +€33,463 | +10.8% |
| Tax-exempt reserves | 132 | €1,229 | €1,229 | = | 0.0% |
| Distributable reserves | 133 | €309,610 | €343,074 | +€33,463 | +10.8% |
| Profit (loss) carried forward | 14 | €518 | €518 | = | 0.0% |
| Amounts payable | 17/49 | €235,531 | €39,131 | -€196,400 | -83.4% |
| Amounts payable after more than one year | 17 | €16,007 | €7,892 | -€8,115 | -50.7% |
| Financial debts | 170/4 | €16,007 | €7,892 | -€8,115 | -50.7% |
| Amounts payable within one year | 42/48 | €219,524 | €30,977 | -€188,548 | -85.9% |
| Current portion of amounts payable after more than one year | 42 | €2,530 | €652 | -€1,878 | -74.2% |
| Financial debts | 43 | €6,338 | €6,528 | +€190 | +3.0% |
| Credit institutions | 430/8 | €6,338 | €6,528 | +€190 | +3.0% |
| Trade debts | 44 | €9,509 | €5,438 | -€4,071 | -42.8% |
| Suppliers | 440/4 | €9,509 | €5,438 | -€4,071 | -42.8% |
| Taxes, remuneration and social security | 45 | €2,920 | €5,601 | +€2,681 | +91.8% |
| Taxes | 450/3 | €2,920 | €5,601 | +€2,681 | +91.8% |
| Other amounts payable | 47/48 | €198,227 | €12,758 | -€185,470 | -93.6% |
| Accrued charges and deferred income | 492/3 | - | €262 | +€262 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,644 | €15,631 | -€2,013 | -11.4% |
| Other operating charges | 640/8 | €1,662 | €1,263 | -€400 | -24.0% |
| Gross operating margin | 9900 | -€6,933 | €62,907 | +€69,840 | |
| Operating profit (loss) | 9901 | -€26,239 | €46,013 | +€72,252 | |
| Financial income | 75/76B | €31,143 | €8,909 | -€22,233 | -71.4% |
| Recurring financial income | 75 | €31,143 | €8,909 | -€22,233 | -71.4% |
| Financial charges | 65/66B | €2,746 | €2,719 | -€27 | -1.0% |
| Recurring financial charges | 65 | €2,746 | €2,719 | -€27 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €2,157 | €52,203 | +€50,046 | +2319.8% |
| Income taxes | 67/77 | €498 | €13,042 | +€12,544 | +2520.1% |
| Profit (loss) for the period | 9904 | €1,660 | €39,161 | +€37,502 | +2259.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,660 | €39,161 | +€37,502 | +2259.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.