ROSIFA: 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.
ROSIFA
Largest movements
- Receivables within one year -€30,656
down €30,656 (-67.2%), from €45,612 to €14,956
of which Trade receivables: -€30,379
- Cash +€9,238
up €9,238 (+50.4%), from €18,346 to €27,584
mainly Receivables within one year (+€30,656) and Trade debts (+€15,603)
- Stocks and contracts +€7,868
up €7,868 (+149%), from €5,273 to €13,141
- Tangible fixed assets +€6,176
up €6,176 (+21.1%), from €29,199 to €35,375
of which Plant, machinery and equipment: +€7,865
- Profit (loss) carried forward -€19,600
down €19,600 (-47.7%), from €41,127 to €21,527
- Trade debts +€15,603
up €15,603 (+78.7%), from €19,824 to €35,427
- Debts after one year -€9,654
down €9,654 (-60.0%), from €16,090 to €6,437
- Current portion of long-term debt +€4,827
new in 2022: €4,827
- Other debts +€2,315
up €2,315 (+20.9%), from €11,064 to €13,379
- Gross operating margin -€24,646
down €24,646, from €17,304 to -€7,342
- Depreciation +€2,552
up €2,552 (+36.4%), from €7,005 to €9,557
- Financial charges +€1,081
up €1,081 (+69.1%), from €1,565 to €2,646
of which Financial charges: +€1,161
- Financial income +€843
up €843 (+732%), from €115 to €958
- Taxes -€755
down €755 (-79.3%), from €952 to €197
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €100,058 | €92,998 | -€7,060 | -7.1% |
| Fixed assets | 21/28 | €30,039 | €36,715 | +€6,676 | +22.2% |
| Tangible fixed assets | 22/27 | €29,199 | €35,375 | +€6,176 | +21.1% |
| Land and buildings | 22 | €2,794 | €2,094 | -€700 | -25.1% |
| Plant, machinery and equipment | 23 | €4,304 | €12,169 | +€7,865 | +183% |
| Furniture and vehicles | 24 | €22,101 | €21,112 | -€989 | -4.5% |
| Financial fixed assets | 28 | €840 | €1,340 | +€500 | +59.5% |
| Current assets | 29/58 | €70,019 | €56,283 | -€13,735 | -19.6% |
| Stocks and contracts in progress | 3 | €5,273 | €13,141 | +€7,868 | +149% |
| Stocks | 30/36 | €5,273 | €13,141 | +€7,868 | +149% |
| Amounts receivable within one year | 40/41 | €45,612 | €14,956 | -€30,656 | -67.2% |
| Trade receivables | 40 | €45,335 | €14,956 | -€30,379 | -67.0% |
| Other amounts receivable | 41 | €277 | - | -€277 | |
| Cash at bank and in hand | 54/58 | €18,346 | €27,584 | +€9,238 | +50.4% |
| Deferred charges and accrued income | 490/1 | €788 | €602 | -€186 | -23.6% |
| Total equity and liabilities | 10/49 | €100,058 | €92,998 | -€7,060 | -7.1% |
| Equity | 10/15 | €52,127 | €32,527 | -€19,600 | -37.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,127 | €21,527 | -€19,600 | -47.7% |
| Amounts payable | 17/49 | €47,931 | €60,471 | +€12,540 | +26.2% |
| Amounts payable after more than one year | 17 | €16,090 | €6,437 | -€9,654 | -60.0% |
| Financial debts | 170/4 | €16,090 | €6,437 | -€9,654 | -60.0% |
| Amounts payable within one year | 42/48 | €31,840 | €54,034 | +€22,194 | +69.7% |
| Current portion of amounts payable after more than one year | 42 | - | €4,827 | +€4,827 | |
| Trade debts | 44 | €19,824 | €35,427 | +€15,603 | +78.7% |
| Suppliers | 440/4 | €19,824 | €35,427 | +€15,603 | +78.7% |
| Taxes, remuneration and social security | 45 | €952 | €401 | -€551 | -57.9% |
| Taxes | 450/3 | €952 | €401 | -€551 | -57.9% |
| Other amounts payable | 47/48 | €11,064 | €13,379 | +€2,315 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,005 | €9,557 | +€2,552 | +36.4% |
| Other operating charges | 640/8 | €900 | €816 | -€84 | -9.4% |
| Non-recurring operating charges | 66A | €4,657 | - | -€4,657 | |
| Gross operating margin | 9900 | €17,304 | -€7,342 | -€24,646 | |
| Operating profit (loss) | 9901 | €4,742 | -€17,715 | -€22,457 | |
| Financial income | 75/76B | €115 | €958 | +€843 | +732% |
| Recurring financial income | 75 | €115 | €958 | +€843 | +732% |
| Financial charges | 65/66B | €1,565 | €2,646 | +€1,081 | +69.1% |
| Recurring financial charges | 65 | €1,485 | €2,646 | +€1,161 | +78.2% |
| Non-recurring financial charges | 66B | €80 | - | -€80 | |
| Profit (loss) for the period before taxes | 9903 | €3,292 | -€19,403 | -€22,695 | |
| Income taxes | 67/77 | €952 | €197 | -€755 | -79.3% |
| Profit (loss) for the period | 9904 | €2,340 | -€19,600 | -€21,940 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,340 | -€19,600 | -€21,940 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.