ROSTAL: 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.
What changed
ROSTAL
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€6,221
2024 · €41,305-€47,526
Equity
€2.0m
2024 · €2.0m-€6,221
Cash
€108,761
2024 · €93,764+€14,997
Balance sheet total
€11.0m
2024 · €6.2m+€4.8m
Largest movements
Assets
- Tangible fixed assets +€4.6m
up €4.6m (+125%), from €3.6m to €8.2m
of which Land and buildings: +€4.5m
- Receivables within one year +€185,261
up €185,261 (+103%), from €179,513 to €364,774
of which Trade receivables: +€193,940
Equity and liabilities
- Debts after one year +€2.6m
up €2.6m (+4,968%), from €52,624 to €2.7m
- Other debts +€2.0m
up €2.0m (+100%), from €2.0m to €4.0m
- Trade debts -€546,742
down €546,742 (-58.5%), from €934,008 to €387,267
- Short-term financial debts +€400,000
up €400,000 (+40.0%), from €1.0m to €1.4m
- Current portion of long-term debt +€232,775
up €232,775 (+219%), from €106,374 to €339,149
Income statement
- Gross operating margin +€313,277
up €313,277 (+42.6%), from €734,945 to €1.0m
- Depreciation +€198,184
up €198,184 (+116%), from €171,466 to €369,651
- Financial charges +€162,528
up €162,528 (+184%), from €88,099 to €250,627
- Taxes -€10,823
down €10,823 (-40.5%), from €26,730 to €15,907
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.
Result 2024
€41,305
Gross operating margin
+€313,277
Staff costs
-€7,398
Depreciation
-€198,184
Other operating charges
-€3,676
Financial income
+€161
Financial charges
-€162,528
Taxes
+€10,823
Result 2025
-€6,221
raises the resultlowers the result
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.
From operations
+€1.7m
Investment
-€4.9m
Financing
+€3.2m
Cash 2024
€93,764
From operations (derived)
+€1.7m
Net result for the year
-€6,221
Depreciation
+€369,651
Stocks and contracts
-€24,967
Receivables within one year
-€185,261
Deferred charges and accrued income
+€5,400
Trade debts
-€546,742
Tax, wage and social debts
+€82,336
Other debts
+€2.0m
Investment (derived)
-€4.9m
Investment in fixed assets (net)
-€4.9m
Financing
+€3.2m
Debts after one year
+€2.6m
Current portion of long-term debt
+€232,775
Short-term financial debts
+€400,000
Cash 2025
€108,761
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,184,486 | €10,965,426 | +€4.8m | +77.3% |
| Fixed assets | 21/28 | €3,655,938 | €8,217,052 | +€4.6m | +125% |
| Intangible fixed assets | 21 | €9,333 | €2,333 | -€7,000 | -75.0% |
| Tangible fixed assets | 22/27 | €3,644,522 | €8,212,637 | +€4.6m | +125% |
| Land and buildings | 22 | €3,608,488 | €8,143,481 | +€4.5m | +126% |
| Plant, machinery and equipment | 23 | - | €61,249 | +€61,249 | |
| Furniture and vehicles | 24 | €20,979 | €7,906 | -€13,073 | -62.3% |
| Leasing and similar rights | 25 | €15,055 | - | -€15,055 | |
| Financial fixed assets | 28 | €2,082 | €2,082 | = | 0.0% |
| Current assets | 29/58 | €2,528,548 | €2,748,374 | +€219,826 | +8.7% |
| Stocks and contracts in progress | 3 | €2,249,871 | €2,274,839 | +€24,967 | +1.1% |
| Stocks | 30/36 | €2,249,871 | €2,274,839 | +€24,967 | +1.1% |
| Amounts receivable within one year | 40/41 | €179,513 | €364,774 | +€185,261 | +103% |
| Trade receivables | 40 | €160,345 | €354,285 | +€193,940 | +121% |
| Other amounts receivable | 41 | €19,168 | €10,490 | -€8,679 | -45.3% |
| Cash at bank and in hand | 54/58 | €93,764 | €108,761 | +€14,997 | +16.0% |
| Deferred charges and accrued income | 490/1 | €5,400 | - | -€5,400 | |
| Total equity and liabilities | 10/49 | €6,184,486 | €10,965,426 | +€4.8m | +77.3% |
| Equity | 10/15 | €1,994,269 | €1,988,048 | -€6,221 | -0.3% |
| Contributions | 10/11 | €495,787 | €495,787 | = | 0.0% |
| Capital | 10 | €495,787 | €495,787 | = | 0.0% |
| Issued capital | 100 | €495,787 | €495,787 | = | 0.0% |
| Reserves | 13 | €1,457,177 | €1,498,482 | +€41,305 | +2.8% |
| Non-distributable reserves | 130/1 | €49,579 | €49,579 | = | 0.0% |
| Legal reserve | 130 | €49,579 | €49,579 | = | 0.0% |
| Tax-exempt reserves | 132 | €55,462 | €55,462 | = | 0.0% |
| Distributable reserves | 133 | €1,352,136 | €1,393,441 | +€41,305 | +3.1% |
| Profit (loss) carried forward | 14 | €41,305 | -€6,221 | -€47,526 | |
| Amounts payable | 17/49 | €4,190,216 | €8,977,378 | +€4.8m | +114% |
| Amounts payable after more than one year | 17 | €52,624 | €2,666,791 | +€2.6m | +4,968% |
| Financial debts | 170/4 | €52,624 | €2,666,791 | +€2.6m | +4,968% |
| Amounts payable within one year | 42/48 | €4,137,593 | €6,310,587 | +€2.2m | +52.5% |
| Current portion of amounts payable after more than one year | 42 | €106,374 | €339,149 | +€232,775 | +219% |
| Financial debts | 43 | €1,000,000 | €1,400,000 | +€400,000 | +40.0% |
| Credit institutions | 430/8 | €1,000,000 | €1,400,000 | +€400,000 | +40.0% |
| Trade debts | 44 | €934,008 | €387,267 | -€546,742 | -58.5% |
| Suppliers | 440/4 | €934,008 | €387,267 | -€546,742 | -58.5% |
| Taxes, remuneration and social security | 45 | €101,063 | €183,399 | +€82,336 | +81.5% |
| Taxes | 450/3 | €49,910 | €126,604 | +€76,694 | +154% |
| Remuneration and social security | 454/9 | €51,153 | €56,794 | +€5,642 | +11.0% |
| Other amounts payable | 47/48 | €1,996,148 | €4,000,772 | +€2.0m | +100% |
| Remuneration, social security and pensions | 62 | €381,992 | €389,389 | +€7,398 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171,466 | €369,651 | +€198,184 | +116% |
| Other operating charges | 640/8 | €25,354 | €29,030 | +€3,676 | +14.5% |
| Gross operating margin | 9900 | €734,945 | €1,048,222 | +€313,277 | +42.6% |
| Operating profit (loss) | 9901 | €156,133 | €260,152 | +€104,018 | +66.6% |
| Financial income | 75/76B | €0 | €161 | +€161 | +402,300% |
| Recurring financial income | 75 | €0 | €161 | +€161 | +402,300% |
| Financial charges | 65/66B | €88,099 | €250,627 | +€162,528 | +184% |
| Recurring financial charges | 65 | €88,099 | €250,627 | +€162,528 | +184% |
| Profit (loss) for the period before taxes | 9903 | €68,035 | €9,686 | -€58,349 | -85.8% |
| Income taxes | 67/77 | €26,730 | €15,907 | -€10,823 | -40.5% |
| Profit (loss) for the period | 9904 | €41,305 | -€6,221 | -€47,526 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,305 | -€6,221 | -€47,526 |
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 13 October 2026 via checked.be.