Rossignol Projects: 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.
Rossignol Projects
Largest movements
- Receivables within one year -€15,618
down €15,618 (-20.9%), from €74,739 to €59,121
of which Other amounts receivable: -€21,522
- Intangible fixed assets -€9,562
no longer reported in 2025 (was €9,562)
- Deferred charges and accrued income -€1,791
no longer reported in 2025 (was €1,791)
- Tangible fixed assets -€1,694
down €1,694 (-3.1%), from €54,046 to €52,352
of which Furniture and vehicles: -€1,191
- Other debts -€34,000
no longer reported in 2025 (was €34,000)
- Debts after one year +€10,037
new in 2025: €10,037
- Current portion of long-term debt -€5,116
down €5,116 (-48.7%), from €10,516 to €5,400
- Trade debts -€4,011
down €4,011 (-26.2%), from €15,322 to €11,311
- Short-term financial debts +€3,716
up €3,716 (+15.4%), from €24,150 to €27,867
- Gross operating margin -€2,107
down €2,107 (-10.9%), from €19,296 to €17,189
- Financial income -€893
down €893 (-25.3%), from €3,523 to €2,630
- Taxes -€466
down €466 (-16.5%), from €2,821 to €2,355
- Financial charges +€359
up €359 (+8.0%), from €4,492 to €4,851
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 | €140,143 | €111,479 | -€28,664 | -20.5% |
| Fixed assets | 21/28 | €63,608 | €52,352 | -€11,256 | -17.7% |
| Intangible fixed assets | 21 | €9,562 | - | -€9,562 | |
| Tangible fixed assets | 22/27 | €54,046 | €52,352 | -€1,694 | -3.1% |
| Plant, machinery and equipment | 23 | €937 | €434 | -€503 | -53.7% |
| Furniture and vehicles | 24 | €11,074 | €9,883 | -€1,191 | -10.8% |
| Other tangible fixed assets | 26 | €42,035 | €42,035 | = | 0.0% |
| Current assets | 29/58 | €76,536 | €59,128 | -€17,408 | -22.7% |
| Amounts receivable within one year | 40/41 | €74,739 | €59,121 | -€15,618 | -20.9% |
| Trade receivables | 40 | €7,072 | €12,977 | +€5,905 | +83.5% |
| Other amounts receivable | 41 | €67,667 | €46,144 | -€21,522 | -31.8% |
| Cash at bank and in hand | 54/58 | €6 | €6 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €1,791 | - | -€1,791 | |
| Total equity and liabilities | 10/49 | €140,143 | €111,479 | -€28,664 | -20.5% |
| Equity | 10/15 | €43,955 | €44,893 | +€938 | +2.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €38,955 | €39,893 | +€938 | +2.4% |
| Distributable reserves | 133 | €38,955 | €39,893 | +€938 | +2.4% |
| Amounts payable | 17/49 | €96,189 | €66,587 | -€29,602 | -30.8% |
| Amounts payable after more than one year | 17 | - | €10,037 | +€10,037 | |
| Financial debts | 170/4 | - | €10,037 | +€10,037 | |
| Amounts payable within one year | 42/48 | €96,189 | €56,550 | -€39,639 | -41.2% |
| Current portion of amounts payable after more than one year | 42 | €10,516 | €5,400 | -€5,116 | -48.7% |
| Financial debts | 43 | €24,150 | €27,867 | +€3,716 | +15.4% |
| Credit institutions | 430/8 | €24,150 | €27,867 | +€3,716 | +15.4% |
| Trade debts | 44 | €15,322 | €11,311 | -€4,011 | -26.2% |
| Suppliers | 440/4 | €15,322 | €11,311 | -€4,011 | -26.2% |
| Advances received on contracts in progress | 46 | €1,764 | - | -€1,764 | |
| Taxes, remuneration and social security | 45 | €10,437 | €11,973 | +€1,536 | +14.7% |
| Taxes | 450/3 | €10,437 | €11,973 | +€1,536 | +14.7% |
| Other amounts payable | 47/48 | €34,000 | - | -€34,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,405 | €11,256 | -€149 | -1.3% |
| Other operating charges | 640/8 | €519 | €420 | -€100 | -19.2% |
| Gross operating margin | 9900 | €19,296 | €17,189 | -€2,107 | -10.9% |
| Operating profit (loss) | 9901 | €7,372 | €5,513 | -€1,858 | -25.2% |
| Financial income | 75/76B | €3,523 | €2,630 | -€893 | -25.3% |
| Recurring financial income | 75 | €3,523 | €2,630 | -€893 | -25.3% |
| Financial charges | 65/66B | €4,492 | €4,851 | +€359 | +8.0% |
| Recurring financial charges | 65 | €4,492 | €4,851 | +€359 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €6,403 | €3,293 | -€3,110 | -48.6% |
| Income taxes | 67/77 | €2,821 | €2,355 | -€466 | -16.5% |
| Profit (loss) for the period | 9904 | €3,582 | €938 | -€2,644 | -73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,582 | €938 | -€2,644 | -73.8% |
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 17 October 2026 via checked.be.