ROSOLEC: 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.
ROSOLEC
Largest movements
- Receivables within one year +€127,784
up €127,784 (+56.6%), from €225,739 to €353,523
of which Trade receivables: +€91,549
- Cash +€23,682
up €23,682 (+4.6%), from €516,066 to €539,748
mainly Net result for the year (+€149,426) and Advances received (+€119,949)
- Advances received +€119,949
up €119,949 (+19.6%), from €611,118 to €731,067
- Trade debts -€66,874
down €66,874 (-89.2%), from €75,004 to €8,130
- Profit (loss) carried forward +€62,926
up €62,926, from €0 to €62,926
- Tax, wage and social debts +€19,124
up €19,124 (+39.9%), from €47,953 to €67,077
of which Remuneration and social security: +€19,319
- Debts after one year +€15,903
new in 2025: €15,903
- Gross operating margin +€194,119
up €194,119 (+84.0%), from €231,078 to €425,197
- Staff costs +€46,167
up €46,167 (+20.6%), from €223,929 to €270,096
- Taxes +€21,064
up €21,064 (+820.6%), from €2,567 to €23,631
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 | €1,124,258 | €1,272,600 | +€148,342 | +13.2% |
| Fixed assets | 21/28 | €263,364 | €255,596 | -€7,768 | -2.9% |
| Tangible fixed assets | 22/27 | €248,315 | €239,849 | -€8,466 | -3.4% |
| Plant, machinery and equipment | 23 | €219,979 | €187,648 | -€32,331 | -14.7% |
| Furniture and vehicles | 24 | €28,336 | €52,201 | +€23,865 | +84.2% |
| Financial fixed assets | 28 | €15,050 | €15,748 | +€698 | +4.6% |
| Current assets | 29/58 | €860,894 | €1,017,004 | +€156,109 | +18.1% |
| Stocks and contracts in progress | 3 | €108,291 | €117,271 | +€8,980 | +8.3% |
| Stocks | 30/36 | €108,291 | €117,271 | +€8,980 | +8.3% |
| Amounts receivable within one year | 40/41 | €225,739 | €353,523 | +€127,784 | +56.6% |
| Trade receivables | 40 | €181,054 | €272,603 | +€91,549 | +50.6% |
| Other amounts receivable | 41 | €44,685 | €80,921 | +€36,235 | +81.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €516,066 | €539,748 | +€23,682 | +4.6% |
| Deferred charges and accrued income | 490/1 | €10,799 | €6,462 | -€4,336 | -40.2% |
| Total equity and liabilities | 10/49 | €1,124,258 | €1,272,600 | +€148,342 | +13.2% |
| Equity | 10/15 | €312,397 | €375,322 | +€62,926 | +20.1% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €213,239 | €213,239 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Legal reserve | 130 | €9,916 | €9,916 | = | 0.0% |
| Distributable reserves | 133 | €203,323 | €203,323 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €62,926 | +€62,926 | |
| Amounts payable | 17/49 | €811,862 | €897,278 | +€85,416 | +10.5% |
| Amounts payable after more than one year | 17 | - | €15,903 | +€15,903 | |
| Financial debts | 170/4 | - | €15,903 | +€15,903 | |
| Amounts payable within one year | 42/48 | €811,862 | €881,375 | +€69,513 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | €9,124 | +€9,124 | |
| Trade debts | 44 | €75,004 | €8,130 | -€66,874 | -89.2% |
| Suppliers | 440/4 | €75,004 | €8,130 | -€66,874 | -89.2% |
| Advances received on contracts in progress | 46 | €611,118 | €731,067 | +€119,949 | +19.6% |
| Taxes, remuneration and social security | 45 | €47,953 | €67,077 | +€19,124 | +39.9% |
| Taxes | 450/3 | €21,093 | €20,898 | -€195 | -0.9% |
| Remuneration and social security | 454/9 | €26,860 | €46,179 | +€19,319 | +71.9% |
| Other amounts payable | 47/48 | €77,787 | €65,976 | -€11,811 | -15.2% |
| Non-recurring operating income | 76A | - | €13,036 | +€13,036 | |
| Remuneration, social security and pensions | 62 | €223,929 | €270,096 | +€46,167 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,395 | €43,496 | +€3,101 | +7.7% |
| Other operating charges | 640/8 | €8,385 | €6,474 | -€1,911 | -22.8% |
| Non-recurring operating charges | 66A | €26,324 | €3,673 | -€22,651 | -86.0% |
| Gross operating margin | 9900 | €231,078 | €425,197 | +€194,119 | +84.0% |
| Operating profit (loss) | 9901 | -€67,955 | €101,458 | +€169,413 | |
| Financial income | 75/76B | €69,133 | €73,301 | +€4,168 | +6.0% |
| Recurring financial income | 75 | €69,133 | €73,301 | +€4,168 | +6.0% |
| Financial charges | 65/66B | €3,754 | €1,702 | -€2,052 | -54.7% |
| Recurring financial charges | 65 | €3,754 | €1,702 | -€2,052 | -54.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,576 | €173,056 | +€175,632 | |
| Income taxes | 67/77 | €2,567 | €23,631 | +€21,064 | +820.6% |
| Profit (loss) for the period | 9904 | -€5,143 | €149,426 | +€154,568 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,143 | €149,426 | +€154,568 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.