Rosseels-Loeman: 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.
Rosseels-Loeman
Largest movements
- Tangible fixed assets -€45,947
down €45,947 (-34.2%), from €134,475 to €88,527
of which Leasing and similar rights: -€35,133
- Receivables within one year +€19,676
up €19,676 (+66.0%), from €29,805 to €49,481
of which Trade receivables: +€11,318
- Cash -€11,682
down €11,682 (-16.3%), from €71,741 to €60,059
mainly Contributions, distributions and other (-€27,859) and Debts after one year (-€27,327)
- Debts after one year -€27,327
down €27,327 (-66.2%), from €41,278 to €13,950
- Reserves -€11,000
down €11,000 (-9.8%), from €112,180 to €101,180
of which Distributable reserves: -€11,000
- Gross operating margin +€2,503
up €2,503 (+3.7%), from €68,197 to €70,700
- Depreciation +€1,971
up €1,971 (+4.3%), from €45,512 to €47,483
- Financial income +€761
up €761, from €0 to €761
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 | €237,142 | €199,090 | -€38,052 | -16.0% |
| Fixed assets | 21/28 | €134,475 | €88,527 | -€45,947 | -34.2% |
| Tangible fixed assets | 22/27 | €134,475 | €88,527 | -€45,947 | -34.2% |
| Plant, machinery and equipment | 23 | €2,729 | €3,060 | +€331 | +12.1% |
| Furniture and vehicles | 24 | €45,084 | €33,940 | -€11,145 | -24.7% |
| Leasing and similar rights | 25 | €86,661 | €51,528 | -€35,133 | -40.5% |
| Current assets | 29/58 | €102,667 | €110,563 | +€7,896 | +7.7% |
| Amounts receivable within one year | 40/41 | €29,805 | €49,481 | +€19,676 | +66.0% |
| Trade receivables | 40 | €26,818 | €38,136 | +€11,318 | +42.2% |
| Other amounts receivable | 41 | €2,987 | €11,345 | +€8,358 | +280% |
| Cash at bank and in hand | 54/58 | €71,741 | €60,059 | -€11,682 | -16.3% |
| Deferred charges and accrued income | 490/1 | €1,121 | €1,023 | -€98 | -8.7% |
| Total equity and liabilities | 10/49 | €237,142 | €199,090 | -€38,052 | -16.0% |
| Equity | 10/15 | €134,180 | €123,180 | -€11,000 | -8.2% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €112,180 | €101,180 | -€11,000 | -9.8% |
| Non-distributable reserves | 130/1 | €2,200 | €2,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,200 | €2,200 | = | 0.0% |
| Distributable reserves | 133 | €109,980 | €98,980 | -€11,000 | -10.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €102,962 | €75,910 | -€27,052 | -26.3% |
| Amounts payable after more than one year | 17 | €41,278 | €13,950 | -€27,327 | -66.2% |
| Financial debts | 170/4 | €41,278 | €13,950 | -€27,327 | -66.2% |
| Amounts payable within one year | 42/48 | €61,684 | €61,960 | +€276 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €26,948 | €27,327 | +€379 | +1.4% |
| Trade debts | 44 | €3,249 | €5,499 | +€2,250 | +69.2% |
| Suppliers | 440/4 | €3,249 | €5,499 | +€2,250 | +69.2% |
| Taxes, remuneration and social security | 45 | €2,480 | €1,275 | -€1,205 | -48.6% |
| Taxes | 450/3 | €2,480 | €1,275 | -€1,205 | -48.6% |
| Other amounts payable | 47/48 | €29,006 | €27,859 | -€1,148 | -4.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,512 | €47,483 | +€1,971 | +4.3% |
| Other operating charges | 640/8 | €1,246 | €1,481 | +€235 | +18.9% |
| Gross operating margin | 9900 | €68,197 | €70,700 | +€2,503 | +3.7% |
| Operating profit (loss) | 9901 | €21,439 | €21,735 | +€296 | +1.4% |
| Financial income | 75/76B | €0 | €761 | +€761 | |
| Recurring financial income | 75 | €0 | €761 | +€761 | |
| Financial charges | 65/66B | €1,475 | €1,138 | -€337 | -22.9% |
| Recurring financial charges | 65 | €1,475 | €1,138 | -€337 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €19,964 | €21,358 | +€1,394 | +7.0% |
| Income taxes | 67/77 | €4,222 | €4,499 | +€277 | +6.6% |
| Profit (loss) for the period | 9904 | €15,742 | €16,859 | +€1,117 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,742 | €16,859 | +€1,117 | +7.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.