ROSSO4: 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.
ROSSO4
Largest movements
- Tangible fixed assets -€32,709
down €32,709 (-66.6%), from €49,105 to €16,396
of which Furniture and vehicles: -€24,899
- Receivables within one year +€14,172
up €14,172 (+161.2%), from €8,792 to €22,964
of which Trade receivables: +€22,172
- Cash -€4,821
down €4,821 (-7.6%), from €63,588 to €58,766
mainly Trade debts (-€54,570) and Tax, wage and social debts (-€18,826)
- Stocks and contracts -€4,626
down €4,626 (-70.5%), from €6,565 to €1,939
- Profit (loss) carried forward +€55,089
up €55,089 (+77.9%), from -€70,707 to -€15,618
- Trade debts -€54,570
down €54,570 (-53.5%), from €101,969 to €47,399
- Tax, wage and social debts -€18,826
down €18,826 (-69.2%), from €27,223 to €8,397
of which Remuneration and social security: -€19,040
- Debts after one year -€7,972
down €7,972 (-47.8%), from €16,667 to €8,695
- Current portion of long-term debt -€2,845
down €2,845 (-26.3%), from €10,817 to €7,972
- Staff costs -€93,327
down €93,327 (-54.4%), from €171,536 to €78,209
- Gross operating margin -€20,312
down €20,312 (-11.7%), from €174,156 to €153,844
- Depreciation -€8,867
down €8,867 (-65.9%), from €13,449 to €4,582
- Other operating charges +€7,988
up €7,988 (+587.0%), from €1,361 to €9,348
- Financial charges -€4,788
down €4,788 (-41.9%), from €11,419 to €6,631
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,463 | €101,229 | -€29,235 | -22.4% |
| Fixed assets | 21/28 | €50,268 | €17,559 | -€32,709 | -65.1% |
| Tangible fixed assets | 22/27 | €49,105 | €16,396 | -€32,709 | -66.6% |
| Furniture and vehicles | 24 | €39,764 | €14,865 | -€24,899 | -62.6% |
| Other tangible fixed assets | 26 | €9,342 | €1,531 | -€7,811 | -83.6% |
| Financial fixed assets | 28 | €1,163 | €1,163 | = | 0.0% |
| Current assets | 29/58 | €80,195 | €83,670 | +€3,475 | +4.3% |
| Stocks and contracts in progress | 3 | €6,565 | €1,939 | -€4,626 | -70.5% |
| Stocks | 30/36 | €6,565 | €1,939 | -€4,626 | -70.5% |
| Amounts receivable within one year | 40/41 | €8,792 | €22,964 | +€14,172 | +161.2% |
| Trade receivables | 40 | €792 | €22,964 | +€22,172 | +2799.2% |
| Other amounts receivable | 41 | €8,000 | - | -€8,000 | |
| Cash at bank and in hand | 54/58 | €63,588 | €58,766 | -€4,821 | -7.6% |
| Deferred charges and accrued income | 490/1 | €1,250 | - | -€1,250 | |
| Total equity and liabilities | 10/49 | €130,463 | €101,229 | -€29,235 | -22.4% |
| Equity | 10/15 | -€46,707 | €8,382 | +€55,089 | |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,707 | -€15,618 | +€55,089 | +77.9% |
| Amounts payable | 17/49 | €177,171 | €92,847 | -€84,324 | -47.6% |
| Amounts payable after more than one year | 17 | €16,667 | €8,695 | -€7,972 | -47.8% |
| Financial debts | 170/4 | €16,667 | €8,695 | -€7,972 | -47.8% |
| Amounts payable within one year | 42/48 | €157,834 | €84,139 | -€73,695 | -46.7% |
| Current portion of amounts payable after more than one year | 42 | €10,817 | €7,972 | -€2,845 | -26.3% |
| Trade debts | 44 | €101,969 | €47,399 | -€54,570 | -53.5% |
| Suppliers | 440/4 | €101,969 | €47,399 | -€54,570 | -53.5% |
| Taxes, remuneration and social security | 45 | €27,223 | €8,397 | -€18,826 | -69.2% |
| Taxes | 450/3 | €879 | €1,093 | +€214 | +24.4% |
| Remuneration and social security | 454/9 | €26,344 | €7,304 | -€19,040 | -72.3% |
| Other amounts payable | 47/48 | €17,824 | €20,371 | +€2,547 | +14.3% |
| Accrued charges and deferred income | 492/3 | €2,670 | €12 | -€2,657 | -99.5% |
| Non-recurring operating income | 76A | - | €40,173 | +€40,173 | |
| Remuneration, social security and pensions | 62 | €171,536 | €78,209 | -€93,327 | -54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,449 | €4,582 | -€8,867 | -65.9% |
| Other operating charges | 640/8 | €1,361 | €9,348 | +€7,988 | +587.0% |
| Non-recurring operating charges | 66A | €3,274 | - | -€3,274 | |
| Gross operating margin | 9900 | €174,156 | €153,844 | -€20,312 | -11.7% |
| Operating profit (loss) | 9901 | -€15,464 | €61,705 | +€77,169 | |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €11,419 | €6,631 | -€4,788 | -41.9% |
| Recurring financial charges | 65 | €11,419 | €6,631 | -€4,788 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | -€26,882 | €55,089 | +€81,972 | |
| Profit (loss) for the period | 9904 | -€26,882 | €55,089 | +€81,972 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,882 | €55,089 | +€81,972 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.