ROSIE: 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.
ROSIE
Largest movements
- Tangible fixed assets -€23,327
down €23,327 (-24.6%), from €94,797 to €71,470
- Receivables within one year +€19,201
up €19,201 (+98.6%), from €19,470 to €38,671
of which Trade receivables: +€34,372
- Stocks and contracts -€18,974
down €18,974 (-75.2%), from €25,224 to €6,250
- Cash +€7,264
up €7,264 (+59.0%), from €12,304 to €19,569
mainly Trade debts (+€34,278) and Stocks and contracts (+€18,974)
- Deferred charges and accrued income +€3,653
up €3,653 (+1,292%), from €283 to €3,936
- Trade debts +€34,278
up €34,278 (+201%), from €17,034 to €51,311
- Short-term financial debts -€26,178
down €26,178 (-100%), from €26,178 to €0
- Tax, wage and social debts -€17,429
down €17,429 (-37.9%), from €45,942 to €28,514
of which Remuneration and social security: -€10,525
- Profit (loss) carried forward +€17,335
up €17,335 (+22.2%), from -€78,021 to -€60,685
- Current portion of long-term debt -€15,239
down €15,239 (-57.6%), from €26,442 to €11,203
- Gross operating margin +€41,827
up €41,827 (+34.3%), from €122,118 to €163,945
- Other operating charges +€6,632
up €6,632 (+332%), from €2,000 to €8,632
- Depreciation -€5,506
down €5,506 (-37.0%), from €14,864 to €9,359
- Staff costs +€4,880
up €4,880 (+4.2%), from €115,104 to €119,984
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 | €157,035 | €144,363 | -€12,672 | -8.1% |
| Fixed assets | 21/28 | €99,753 | €75,937 | -€23,817 | -23.9% |
| Intangible fixed assets | 21 | €1,157 | €667 | -€490 | -42.3% |
| Tangible fixed assets | 22/27 | €94,797 | €71,470 | -€23,327 | -24.6% |
| Furniture and vehicles | 24 | €94,797 | €71,470 | -€23,327 | -24.6% |
| Financial fixed assets | 28 | €3,800 | €3,800 | = | 0.0% |
| Current assets | 29/58 | €57,281 | €68,426 | +€11,145 | +19.5% |
| Stocks and contracts in progress | 3 | €25,224 | €6,250 | -€18,974 | -75.2% |
| Stocks | 30/36 | €25,224 | €6,250 | -€18,974 | -75.2% |
| Amounts receivable within one year | 40/41 | €19,470 | €38,671 | +€19,201 | +98.6% |
| Trade receivables | 40 | €4,059 | €38,430 | +€34,372 | +847% |
| Other amounts receivable | 41 | €15,412 | €241 | -€15,171 | -98.4% |
| Cash at bank and in hand | 54/58 | €12,304 | €19,569 | +€7,264 | +59.0% |
| Deferred charges and accrued income | 490/1 | €283 | €3,936 | +€3,653 | +1,292% |
| Total equity and liabilities | 10/49 | €157,035 | €144,363 | -€12,672 | -8.1% |
| Equity | 10/15 | -€10,541 | €6,794 | +€17,335 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €55,080 | €55,080 | = | 0.0% |
| Distributable reserves | 133 | €55,080 | €55,080 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,021 | -€60,685 | +€17,335 | +22.2% |
| Amounts payable | 17/49 | €167,576 | €137,569 | -€30,007 | -17.9% |
| Amounts payable after more than one year | 17 | €51,342 | €40,139 | -€11,203 | -21.8% |
| Financial debts | 170/4 | €51,342 | €40,139 | -€11,203 | -21.8% |
| Amounts payable within one year | 42/48 | €115,595 | €91,028 | -€24,567 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €26,442 | €11,203 | -€15,239 | -57.6% |
| Financial debts | 43 | €26,178 | €0 | -€26,178 | -100% |
| Credit institutions | 430/8 | €26,178 | €0 | -€26,178 | -100% |
| Trade debts | 44 | €17,034 | €51,311 | +€34,278 | +201% |
| Suppliers | 440/4 | €17,034 | €51,311 | +€34,278 | +201% |
| Taxes, remuneration and social security | 45 | €45,942 | €28,514 | -€17,429 | -37.9% |
| Taxes | 450/3 | €13,876 | €6,973 | -€6,904 | -49.8% |
| Remuneration and social security | 454/9 | €32,066 | €21,541 | -€10,525 | -32.8% |
| Accrued charges and deferred income | 492/3 | €639 | €6,402 | +€5,763 | +902% |
| Remuneration, social security and pensions | 62 | €115,104 | €119,984 | +€4,880 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,864 | €9,359 | -€5,506 | -37.0% |
| Other operating charges | 640/8 | €2,000 | €8,632 | +€6,632 | +332% |
| Gross operating margin | 9900 | €122,118 | €163,945 | +€41,827 | +34.3% |
| Operating profit (loss) | 9901 | -€9,850 | €25,971 | +€35,821 | |
| Financial income | 75/76B | €1,311 | €602 | -€708 | -54.0% |
| Recurring financial income | 75 | €1,311 | €602 | -€708 | -54.0% |
| Financial charges | 65/66B | €7,763 | €9,091 | +€1,329 | +17.1% |
| Recurring financial charges | 65 | €7,763 | €9,091 | +€1,329 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,302 | €17,482 | +€33,784 | |
| Income taxes | 67/77 | €157 | €147 | -€10 | -6.3% |
| Profit (loss) for the period | 9904 | -€16,459 | €17,335 | +€33,794 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,459 | €17,335 | +€33,794 |
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 19 October 2026 via checked.be.