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Ross&Associate: 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

Ross&Associate

BE 0507.591.595
fiscal year 2023 against 2025not consecutivefiled annual accounts (NBB)
Net result for the year
-€3,711
2023 · -€4,123+€412
Equity
€299,203
2023 · €191,062+€108,140
Cash
€179,768
2023 · €62,438+€117,330
Balance sheet total
€299,203
2023 · €217,679+€81,524

Largest movements

2023 to 2025
Assets
  • Cash +€117,330

    up €117,330 (+187.9%), from €62,438 to €179,768

  • Tangible fixed assets -€27,895

    no longer reported in 2025 (was €27,895)

    of which Furniture and vehicles: -€26,821

  • Receivables within one year -€7,331

    down €7,331 (-5.8%), from €126,766 to €119,435

    of which Trade receivables: -€57,627

Equity and liabilities
  • Profit (loss) carried forward +€108,140

    up €108,140 (+161.2%), from €67,077 to €175,218

  • Tax, wage and social debts -€22,206

    no longer reported in 2025 (was €22,206)

  • Trade debts -€4,410

    no longer reported in 2025 (was €4,410)

Income statement
  • Turnover -€56,090

    no longer reported in 2025 (was €56,090)

  • Purchases and services -€52,382

    no longer reported in 2025 (was €52,382)

  • Staff costs -€22,935

    down €22,935, from €1,669 to -€21,266

  • Taxes +€10,649

    new in 2025: €10,649

  • Other operating charges +€9,657

    up €9,657 (+303.6%), from €3,181 to €12,838

From the 2023 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 2023 -€4,123
Gross operating margin -€6,423
Staff costs +€22,935
Depreciation +€4,050
Other operating charges -€9,657
Financial charges +€156
Taxes -€10,649
Result 2025 -€3,711

Cash bridge derived

cash 2023 to 2025

A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.

Every line side by side 40 lines
Line Code 2023 2025 Change %
Total assets 20/58 €217,679 €299,203 +€81,524 +37.5%
Fixed assets 21/28 €28,475 - -€28,475
Tangible fixed assets 22/27 €27,895 - -€27,895
Furniture and vehicles 24 €26,821 - -€26,821
Other tangible fixed assets 26 €1,074 - -€1,074
Financial fixed assets 28 €580 - -€580
Current assets 29/58 €189,204 €299,203 +€109,999 +58.1%
Amounts receivable within one year 40/41 €126,766 €119,435 -€7,331 -5.8%
Trade receivables 40 €57,627 - -€57,627
Other amounts receivable 41 €69,139 €119,435 +€50,296 +72.7%
Cash at bank and in hand 54/58 €62,438 €179,768 +€117,330 +187.9%
Total equity and liabilities 10/49 €217,679 €299,203 +€81,524 +37.5%
Equity 10/15 €191,062 €299,203 +€108,140 +56.6%
Contributions 10/11 €18,600 €18,600 = 0.0%
Outside capital 11 €18,600 €18,600 = 0.0%
Share premium 1100/10 €18,600 €18,600 = 0.0%
Reserves 13 €105,385 €105,385 = 0.0%
Non-distributable reserves 130/1 €105,385 €105,385 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Other 1319 €103,525 €103,525 = 0.0%
Profit (loss) carried forward 14 €67,077 €175,218 +€108,140 +161.2%
Amounts payable 17/49 €26,617 - -€26,617
Amounts payable within one year 42/48 €26,617 - -€26,617
Trade debts 44 €4,410 - -€4,410
Suppliers 440/4 €4,410 - -€4,410
Taxes, remuneration and social security 45 €22,206 - -€22,206
Taxes 450/3 €22,206 - -€22,206
Turnover 70 €56,090 - -€56,090
Goods, raw materials, services and sundry goods 60/61 €52,382 - -€52,382
Remuneration, social security and pensions 62 €1,669 -€21,266 -€22,935
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,050 - -€4,050
Other operating charges 640/8 €3,181 €12,838 +€9,657 +303.6%
Gross operating margin 9900 €5,108 -€1,316 -€6,423
Operating profit (loss) 9901 -€3,793 €7,112 +€10,905
Financial charges 65/66B €330 €174 -€156 -47.3%
Recurring financial charges 65 €330 €174 -€156 -47.3%
Profit (loss) for the period before taxes 9903 -€4,123 €6,938 +€11,061
Income taxes 67/77 - €10,649 +€10,649
Profit (loss) for the period 9904 -€4,123 -€3,711 +€412 +10.0%
Profit (loss) for the period to be appropriated 9905 -€4,123 -€3,711 +€412 +10.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.