ROSSINI: 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.
ROSSINI
Largest movements
- Current investments +€100,000
up €100,000 (+100.0%), from €100,000 to €200,000
- Tangible fixed assets -€18,420
down €18,420 (-39.8%), from €46,302 to €27,882
of which Land and buildings: -€16,998
- Deferred charges and accrued income +€6,161
up €6,161 (+501.8%), from €1,228 to €7,389
- Reserves +€93,000
up €93,000 (+26.7%), from €348,664 to €441,664
of which Distributable reserves: +€93,000
- Gross operating margin +€8,101
up €8,101 (+5.9%), from €136,513 to €144,614
- Financial income +€6,132
up €6,132 (+158.3%), from €3,874 to €10,006
- Taxes +€2,186
up €2,186 (+6.6%), from €33,339 to €35,526
- Provisions +€2,000
up €2,000, from -€2,000 to €0
- Depreciation -€1,859
down €1,859 (-9.2%), from €20,280 to €18,420
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 | €418,398 | €513,946 | +€95,547 | +22.8% |
| Fixed assets | 21/28 | €46,302 | €27,882 | -€18,420 | -39.8% |
| Tangible fixed assets | 22/27 | €46,302 | €27,882 | -€18,420 | -39.8% |
| Land and buildings | 22 | €44,005 | €27,007 | -€16,998 | -38.6% |
| Plant, machinery and equipment | 23 | €1,677 | €588 | -€1,089 | -64.9% |
| Furniture and vehicles | 24 | €619 | €286 | -€333 | -53.8% |
| Current assets | 29/58 | €372,096 | €486,064 | +€113,968 | +30.6% |
| Stocks and contracts in progress | 3 | €7,104 | €11,130 | +€4,026 | +56.7% |
| Stocks | 30/36 | €7,104 | €11,130 | +€4,026 | +56.7% |
| Amounts receivable within one year | 40/41 | €7,186 | €6,192 | -€994 | -13.8% |
| Trade receivables | 40 | €7,186 | €6,192 | -€994 | -13.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €100,000 | €200,000 | +€100,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €256,578 | €261,352 | +€4,774 | +1.9% |
| Deferred charges and accrued income | 490/1 | €1,228 | €7,389 | +€6,161 | +501.8% |
| Total equity and liabilities | 10/49 | €418,398 | €513,946 | +€95,547 | +22.8% |
| Equity | 10/15 | €370,045 | €463,441 | +€93,396 | +25.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €348,664 | €441,664 | +€93,000 | +26.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €348,664 | €441,664 | +€93,000 | +26.7% |
| Profit (loss) carried forward | 14 | €2,781 | €3,177 | +€396 | +14.2% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Amounts payable | 17/49 | €48,353 | €50,505 | +€2,151 | +4.4% |
| Amounts payable within one year | 42/48 | €45,813 | €45,796 | -€18 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €9,316 | €10,642 | +€1,326 | +14.2% |
| Suppliers | 440/4 | €9,316 | €10,642 | +€1,326 | +14.2% |
| Taxes, remuneration and social security | 45 | €9,629 | €6,680 | -€2,949 | -30.6% |
| Taxes | 450/3 | €7,998 | €5,048 | -€2,949 | -36.9% |
| Remuneration and social security | 454/9 | €1,632 | €1,632 | = | 0.0% |
| Other amounts payable | 47/48 | €26,868 | €28,474 | +€1,606 | +6.0% |
| Accrued charges and deferred income | 492/3 | €2,540 | €4,709 | +€2,169 | +85.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,280 | €18,420 | -€1,859 | -9.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,000 | €0 | +€2,000 | |
| Other operating charges | 640/8 | €3,071 | €3,299 | +€228 | +7.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €136,513 | €144,614 | +€8,101 | +5.9% |
| Operating profit (loss) | 9901 | €115,162 | €122,895 | +€7,732 | +6.7% |
| Financial income | 75/76B | €3,874 | €10,006 | +€6,132 | +158.3% |
| Recurring financial income | 75 | €3,874 | €10,006 | +€6,132 | +158.3% |
| Financial charges | 65/66B | €3,628 | €3,979 | +€350 | +9.7% |
| Recurring financial charges | 65 | €3,628 | €3,979 | +€350 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €115,408 | €128,922 | +€13,513 | +11.7% |
| Income taxes | 67/77 | €33,339 | €35,526 | +€2,186 | +6.6% |
| Profit (loss) for the period | 9904 | €82,069 | €93,396 | +€11,327 | +13.8% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €82,069 | €93,396 | +€11,327 | +13.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.